Movement in the balnce sheet sc

Liabilitiees Amt (RS)

4-May
Unit Capital 100000

5-May
Unit Capital 100000

Unrealized gain (Reserve) 20000

Total liabilities 120000

Par value = Rs 10/unit

Un-realized gain = Rs 2/Unit

6-May Unit capital 100000

Unrealized gain (Reserve)
Investment (Contra) 120000

less cost (100000*80%) 80,000

Revised value of unrealized gain 40000
Realized gain (Reserve)
sold (contra) 30,000

less cost (100000*20%) 20,000

Revised realized gain 10,000

Total liabilities 150,000
Par value Rs 10/u
Unrealized gain = 4/Unit (40000/10000)
Realised gain = 1/Unit (10000/10000)

7-May
Original 100000
Plus sale 2000*10 = 20000

Less Repurchase 1000*10= 10000

Revised 110000
Unrealised gain 40000
 Realised gain 10000
Equalissation Reserve
On sale of units (2000* 1) 2000
less on repurchase of units ( 1000* 1) 1000 1000
Unit premium price
on sale of units (2000* 4) 8000
less on repurchase of units ( 1000* 4) 4000 4000
Total liabilities 165000
Par value Rs 10/unit
Unrealised gain =4/Unit (40000+4000)/11000
Realised gain = 1/unit (10000+1000)/11000

8-May Unit 110000

Unrealised gain (40000+4000+12000) 56000
realised gain (10000+1000) 11000

Total Liabilities 177000

Par value Rs10/unit
Unrealised gain =5.09/Unit (56000/11000)
realised gain = 1/unit (10000+10000/11000)

11-May Unit 110000

Unrealised gain (40000+4000+12000+26400) 82400
realised gain (10000+1000) 11000

Total Liabilities 203400

Par value Rs10/unit
Unrealised gain =7.49/Unit (82400/11000)
realised gain = 1/unit (10000+10000/11000)

12-May Unit capital 110000

Unrelaized gain (Reserve)
Investment (contra) = 142560
less cost (110000*90%) = 99000
Total Realised 43560+38,840) 82400
Realised gain (Reserve)
Sold (contra) = 15840
less cost (110000*10%) = 11000
Revised realised gain = 4840
Realised gain (Reserve) (6160+4840) 11,000
Total liabilities 203400
Par value Rs10/unit 0
Unrealised gain =7.49/Unit (82400/11000)
realised gain = 1/unit (10000+10000/11000)

13-May Unit capital =110000

plus sale (1000*10) = 10000
 less repurchase (100*10) = 1000
Revised 119000

Unrealised gain 82400

realised gain 11000
Equalization Reserve(Realised gain)
on sale of units ( 1000*1) =1000
less on repurchase of unit (100*1) = 100 1100

Unit premium reserve (Unrealised gain)

on sale of units (1000*7.49) = 7490
less repurchase ( 100*7.49) = 749 8386

Total liabilities 221886

Par value Rs 10/unit

Unrealised gain = Rs 8.98 ( 82400+8386)/10100
realised gain = Rs 1.19 ( 11000+1100)/10100 1.1980198

14-May Unit 119000

Unrealised gain (Reserve) =14256(156816 - 142560)
Reviesd (82400+8386+14256) 105042

Realised gain 12100

Toatal Liabilities 236142

Par value = Rs 10/unit

Unrealised gain = Rs 10.40 ( 105042/10100)
realised gain = Rs 1.19 (12100/10100)

15-May unit = 119000

plus sale (1000*10) = 10000
less repurchase (500*10) = 5000
Revised 124000
unrealised gain 105042
realised gain 12100

Equalization Reserve (Realised gain)

on sale of units (1000*1.19) =1190
less purchase of units (500*1.19) = 595 595

unit peimum reserve (unrealised gain)

on sale of units ( 1000*10.40) = 10400
less purchase of units (500*10.40)= 5200
Revised 5200
 Total Liabilities 247832
Par value Rs 10/ Unit
Unrealised gain = Rs 11.48 (110242/9600)
realised gain = Rs 1.32 (12695/96000

18-May Unit 124000

Unrealised gain (Reserved ) = 15681
Revised Unrealised gain (110242+15681) 125923

Realised gain 12695

Total Liabilities 263513.6

Par value Rs 10/unit
Unrealised gain =Rs 13.11( 125923/9600)
realised gain =Rs 1.32 (12695/9600)

19-May Unit 124000

Unrealised reserve
Investment (contra) = 189748
less cost (124000*80%) = 99200
revised value of unrealised 90548
unrealised gain 125923
Realised gain (Reserve)
sold (contra) = 34500
Less cost (124000*20%) = 24800
Revised (Realised gain) 9700
Realised gain (Reserve) 12695
total liabilities 298014

par value Rs 10/unit

Unrealised gain =Rs25,05 (90548+125923)/8640
realised gain = Rs 2.59(12695+9700/8640)

20-May
 CASE STUDY ON MUTUA

e balnce sheet scheme as on 31/5/2020

Assets Amt (Rs)

Investment 100000

Investment 120000

Total Assets 120000

No of units = 500
NAV= RS 12/Unit

Investment
Orginal =1,20,000
Plus gain (25%) = 30,000

Sub Total = 1,50,000

less sold 20% 30,000
Revissed value of investment 120000
Bank (sale proceeds) 30000

Total Assets 150000

No of units 10000
NAV = 15/Unit

Bank
original 30000

Plus sales 30000

2000* 15
less Repurhase 15000
1000*15
Revised 45000
Investment 120000

Total Assets 165000

No of units 11000
NAV = Rs 15/Unit (165000/11000) 15

Investment 132000
Bank 45000

Total assets 177000

No of units 11000
NAV = Rs 16.09/Unit (177000/11000)

Investment 158400 26400

Bank 45000

Toatal Assets 203400

No of units 11000
NAV = Rs 18.49/Unit (203400/11000) 18.4909090909091

Investment = 158400
less sold 10% = 15840
Revised value of investment 142560
Bank ( sale procedds) = 15840

Revised bank 60840

Total Assets 203400

No of units 11000
NAV = Rs 20.54/Unit (203400/9900) 20.5454545454545

original =60840
plus sale =20540
(1000*20.54)
less repurchase =2054

(100*20.54)
Revised 79326

Investment 142560

Total assets 221886

No of units 10100
NAV = 21.96 (221886/10100)

Bank 79326
Investment 156816

Total Assets 236142

no of units = 10100
NAV = Rs 23.38 (236142/10100)

original =79326
plus sale =23380
(1000* 23.38)
repurchase = 11690
(500* 23.38)
Revised 91016

Investment 156816
Total Assets 247832
No of units = 9600
NAV = Rs 25.8 (247832/9600)

Bank 91016

Revised Investment 172497.6

Total Assets 263513.6

No of units = 9600
NAV = Rs 27.44 ( 263513/9600)

Investment = 172498
plus gain (20%) =34500
sub total =206998
less sold (10) =17250
Revised investment 189748

Bank (sale procedds) = 17250

Revised Bank 108266

298014

no of units = 8640 34.49236

NAV = Rs34.5 (298014/8640)

20-May

Original
ASE STUDY ON MUTUAL FUND
Transactions for the month of May’20, pertaining to a mutual fund scheme opened on 4/5/2020 are furnished. You a
DATE PARTICULARS

Suppose a scheme was launched where 10,000 units were sold at par (Rs10).
4-May
The amounts were invested in the scheme.

5-May The securities appreciated by 20%.

The securities appreciated a further 25%. The fund manager sold 20% of
6-May
the portfolio.

The fund sold 2000 new units and repurchase1000 existing units at the
7-May
previous day’s NAV.

8-May The securities were appreciated by 10%.

Saturday No operations
Sunday No operations
11-May The securities appreciated by 20%.
12-May The fund manager sold 10% of the portfolio.
The fund sold 1000 new units and repurchase 100 existing units at the
13-May
previous day’s NAV.
14-May The securities were appreciated by 10%.
The fund sold 1000 new units and repurchase 500 existing units at the
15-May
previous day’s NAV
Saturday No operations
Sunday No operations
18-May The securities appreciated by 10%.
The securities appreciated a further 20%. The fund manager sold 10% of
19-May
the portfolio.
The fund sold 2000 new units and repurchase 1000 existing units at the
20-May
previous day’s NAV.
21-May The fund sold 1000 new units
22-May Repurchase 500 existing units at the previous day’s NAV
Saturday No operations
Sunday No operations
25-May The securities appreciated by 10%.
The fund sold 1000 new units and repurchase 500 existing units at the
26-May
previous day’s NAV.
27-May The securities appreciated by 20%.
The fund sold 2000 new units and repurchase 500 existing units at the
28-May
previous day’s NAV
29-May The fund sold 100 new units
Saturday No operations
Sunday No operations
4/5/2020 are furnished. You are required to draw the movement in the balance sheet of the scheme as on 31/5/2020.
n 31/5/2020.