Accounting Policies and Notes
  1. The fund follows the valuation policies as stipulated by SEBI (MF)Regulations, 1996 as amended from time to time
  2. Disclosure under Regulation 25 (11) of the SEBI (Mutual Funds) Regulations, 1996 as amended.

    3. Investments made by schemes of Chola Mutual Fund

    Company

    Schemes invested in by Company

    Investing Schemes

    Nature of Instrument

    Aggregate during the year at cost (Rs.crores)

    Outstanding at March 31,2002 at Market / Fair value

    (Rs.crores)

    Ashok Leyland Finance Ltd

    Chola Liquid Daily Dividend Re-investment Plan

    Chola Liquid Institutional – Cumulative Plan

    Debt

    4.75

    -

     

     

    Chola Liquid Fund

    Debt

    4.90

    4.90

     

     

    Chola Freedom Income

    Debt

    9.12

    6.38

     

     

    Chola DDRIP

    Debt

    9.12

    -

     

     

    Chola Hi Regular

    Debt

    3.43

    3.43

    TISCO

    Chola Liquid Daily Dividend Re-investment Plan

    Chola Freedom Income

    Debt

    3.95

    -

    Wipro

    Chola Liquid Daily Dividend Re-investment Plan

    Chola Freedom Technology

    Equity

    6.13

    2.55

    Tata Power

    Chola Liquid Fund – Cumulative

    Chola Growth Fund

    Equity

    0.02

    -

    Larsen & Toubro

    Chola Liquid Fund – Cumulative

    Chola Growth

    Equity

    0.05

     

     

    Chola Freedom

    Income

    Debt

    0.25

    0.25

     

     

    Chola Freedom Technology

    Equity

     

    1.44

     

     

    Chola DDRIP

    Debt

    9.95

    -

     

     

    Chola Liquid Fund – Cumulative

    Debt

    10.07

    -

    Hindalco

    Chola Liquid Series – December 2001

    Chola Triple Ace

    Debt

    10.16

    10.60

     

     

    Chola Amity Cum

    Debt

    -

    0.05

     

     

    Chola MI 98

    Debt

    -

    0.22

     

     

     

     

     

     

    IDBI

    Chola Liquid Fund – Cumulative

    Chola Liquid Institutional – Cumulative Plan

    Debt

    10.04

    5.12

     

     

    Chola Freedom Income

    Debt

    3.53

    3.00

     

     

    Chola Liquid – Cumulative

    Debt

    2.00

    2.00

     

     

    Chola Triple Ace

    Debt

    10.54

    -

     

     

    Chola Amity Cumulative

    Debt

    0.21

    0.21

     

     

    Chola Amity Regular

    Debt

    0.26

    0.52

     

     

    Chola HI 99 – Regular

    Debt

    1.10

    0.05

    Investments by the Fund in the above companies have been made based on the criteria normally applied to Investments.

  3. As on 31st March 2002, the following schemes had investors holding more than 25% of the NAV of the schemes.
    4.

    Name of the Scheme

    No. of Investors

    % holdings

    Chola Freedom Technology

    1

    29.44

    Chola Growth Fund

    1

    35.41

    Chola MI 98

    1

    99.19

    Chola HI 99

    1

    68.25

    Chola AMITY

    1

    80.77

    Chola Gilt Investment Plan

    1

    40.24

    Chola Gilt Series Plan

    1

    100.00

    Chola Liquid Institutional - Cum

    1

    100.00

    Chola Liquid Dividend

    2

    100.00

    Chola Liquid Cumulative

    1

    59.39

    Chola Liquid Institutional - Div payout

    1

    100.00

    Chola Liquid Daily Dividend Re-Investment Plan

    1

    37.84

    Chola Liquid Series - Dec 2001

    1

    74.88

    Chola Liquid Series - Apr 2002

    1

    54.63

    Chola Liquid Series - Apr 2006

    1

    97.56

    Chola Liquid Series - Oct 2001

    1

    100.00

  4. Details of Deferred Revenue Expenditure amortised during the period :

Scheme

Amortised Amount (Rs.)

Cholamadalam Freedom Technology.

23,087/-

Cholamandalam Freedom Income

17,672/-