Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
BOARD OF DIRECTORS :
Mr. Rahul Bajaj (Chairman)
Mr. Manuel Bauer
Mr. Sanjay Asher
Mr. Niraj Bajaj
Mr. Sanjiv Bajaj
Mr. David Fried
Mr. Ranjit Gupta
Mr. S. H. Khan
Mr. Suraj Mehta
Mr. Manu Tandon
Mr. V. Philip (Managing Director & Chief Executive Officer)
AUDITORS : B S R & Co. Chartered Accountants
DALAL & SHAH Chartered Accountants
MAIN BANKERS : Standard Chartered Bank AXIS Bank Deutsche Bank HDFC Bank Citi Bank
REGISTERED OFFICE :
Bajaj Allianz Life Insurance Company Limited Ground Floor, G.E. Plaza, Airport Road, Yerawada, Pune- 411006.
Tel : 020-6602 6777 Fax : 020-6602 6789
email : [email protected] us at : www.bajajallianzlife.co.in
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INDEX
Directors’ Report 2
Management Report 10
Auditors’ Report 13
Revenue Account: Policyholders’ Account (Technical Account) 16
Profit & Loss Account: Shareholders’ Account (Non Technical Account) 21
Balance Sheet 22
Schedule 1-15 24
Annexure to Revenue Account 41
Notes to Financial Statements 46
Cash Flow Statement 140
Balance Sheet Abstract & Company’s General Business Profile 141
Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
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The Directors have pleasure in presenting their Eleventh Annual
Report & Audited Statements of Accounts for the year 2011-12.
1. The Life insurance industry
The financial year 2011-12 was not a challenging year for investments
as investors and savers continued to be wary of making fresh
investments. Under these conditions, the Life insurance industry
went through a period of de-growth. The industry was focussed on
adapting to the new regulations governing Unit Linked insurance,
introduced in September 2010. There was a change in customer
preference as they favoured traditional products with lower risk such
as protection and guaranteed products. On account of these factors,
the business mix of the industry moved in favour of traditional
products as compared to unit-linked products. Apart from changes
in the product mix, companies focussed on drivers of long-term
profitability like improving persistency, enhancing agent productivity
and managing cost over-runs.
Although growth was affected quite significantly in the first half of
the year, with the industry recording a negative growth rate of 21.4%
in New Business Premiums, the performance in the second half was
better with a small but positive growth of 2.7% in New Business
Premiums over the previous year.
For the year as a whole, the life insurance industry had a new business
negative growth of 9.2% as against a positive growth of 15.1% in the
year 2010-11. Data published by the IRDA show that 24 life insurers
have mobilized a first year premium of Rs.1,142.3 billion in 2011-12
compared to Rs.1,258.2 billion in the previous year. The market share
of private players reduced from 31.3% to 28.6%.
While the positive growth in the second half of the year gives cause
for comfort. Industry growth, going forward, will depend on several
factors like reduction in interest rates, developments in Europe, how
oil prices move and a return of investor confidence.
2. Summary of operations for the year:
Business Performance
Your Company is at fourth position amongst the private life insurers
on the basis of new business premium and second in terms of the
number of policies issued, for the financial year 2011-12. It wrote new
business of Rs. 27.2 billion during financial year 2011-12 compared
to Rs.34.7 billion in the previous year. The gross premium written
for the financial year 2011-12 was Rs. 74.8 billion, as compared to
Rs. 96.1 billion in the previous year, registering a negative growth.
Within the private sector, your Company’s market share of New
Business premium was 8.3% for 2011-12.
While the growth rate of New Business Premiums was negative for
the year as a whole, the Company did see an improving trend in the
second half as compared to the first half of the year. In the last quarter
of the year, your Company’s new business premiums flat, which was
a significant improvement over the de-growth of 31.7% recorded in
the first nine months of the year. The negative growth rate for new
business in the third and fourth quarters of the financial year 2011-12
reduced to 20.9 % and 0.6% as compared to the negative growth rate
of 37.3% and 37.9% respectively in the first and second quarter.
Unit linked premiums contributed 31% of your Company’s New
Business premiums in 2011-12, compared to 58% in the previous
year. Traditional Individual Premiums constituted 44% of overall New
Business Premiums in financial year 2011-12 as compared to 30% in
financial year 2010-11. This was in line with overall market trends
and customer preferences.
Your Company earned a profit of Rs. 12.5 billion during 2011-12, as
compared to a profit of Rs. 9.6 billion in the previous year. After the
distribution of current year’s surplus of Rs. 9.8 billion (Previous Year
Rs.8.2 billion) and further transfer of Rs. 0.9 billion (Previous Year Rs.
1.1 billion) from Funds for Future Appropriation, the shareholders’
profit after tax stands at Rs. 13.1 billion (Previous Year Rs. 10.5
billion). Your Company has accumulated profits of Rs 23.5 billion as
at 31 March 2012.
Investments:
The funds under management as on 31st March 2012 were Rs.
394.3 billion which included shareholder investments of Rs. 36.0
billion; traditional policyholder investments of Rs. 58.5 billion and
Unit Linked investments of Rs. 299.8 billion. The total investments
under management of the Company have increased by 0.26% from
Rs. 393.3 billion in the previous year.
Your Company adopted a relatively conservative investment
philosophy focusing on asset allocation and investments in stocks
with strong balance sheets and sound management. The non unit
linked portfolios were managed within the framework of regulatory
asset allocation requirements. Despite high levels of volatility
witnessed in the markets during the financial year ended March 31st
2012, your Company’s cash funds and bond funds delivered healthy
returns and their respective performances were broadly in line with
their respective CRISIL benchmarks. Your Company’s diversified
equity funds have delivered returns that are superior to the Nifty50
and Sensex30 Indices.
Products
Product portfolios of your company are reviewed on a regular basis
and products are introduced keeping in mind customer requirements
and market conditions. As at 31st March 2012, Your Company has a
basket of 49 products comprising of 32 individual products and 17
group products. During the year your Company launched 4 traditional
Directors’ Report
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
3
products and 2 new unit linked products including the Guaranteed
Maturity Insurance Plan which is a single premium plan. All the new
products have been received favourably by the market.
Office network
Your Company has a pan India presence in 1044 offices. The aforesaid
office network also includes Operations & Processing Hubs which
have been formed in various locations of the country in order to cater
to the operational requirement including underwriting of policies.
Customer Service
A Policyholders’ Protection Committee of the Board of Directors
has been constituted by your Company in accordance with the
Corporate Governance guidelines notified by Insurance Regulatory
and Development Authority (IRDA) for the oversight of resolution
of customers complaints. Your Company has a robust process of
identifying root causes of complaints for seeking permanent solution
to service issues and this has resulted in a significant improvement in
the resolution of customer complaints.
As part of customer engagement initiatives, your Company introduced
various initiatives during the which, inter alia, included sending of
an automated SMS to customers on closure of query and rating of
services by the customer, Kiosks were also stationed at some of the
offices wherein video conferencing facility for walk in customers was
introduced enabling the customer to directly discuss issues with the
customer service executive. With a view to provide easy access of the
policy details to the policyholders, your Company has also introduced
mobile application which allows them to obtain the services they
need anywhere and at anytime.
Death claims intimated / booked (Individual and Group) during the
current year and previous year are as below:
Particulars
Current Year Previous Year
No. of Policies
Amount (Rs. Crore)
No. of Policies
Amount (Rs.Crore)
Claims Intimated/Booked
26,082 573 25,526 515
Claims Settled 24,673 514 23,989 478
Repudiated 1,716 56 1,918 47
Note: The above includes only Death claims & Accidental benefit
riders and does not include surrender benefits and withdrawals. In
case of Group claims number of schemes have been considered as
number of policies.
Renewals
Your Company has a separate renewal vertical in place for the last
four years with a view to focus on collection of renewal premiums
and servicing policyholders throughout the policy year.
Your Company sends intimations to customer at different stages of
a policy year, like renewal due, lapsed due, revival period ending,
discontinuance, etc. in English as well as customer preferred
vernacular language, of the available 12 different languages. SMS’s
& e-mails are also sent in vernacular language to the policy holders
at pre-defined turn-around time (TAT) reminding them of renewal
due dates.
Recognition & Awards
This year your Company has won the Bloomberg UTV CXO Awards
2011 in the category –“Best utilization of IT to transform business
– Large Enterprise” among stiff competition. Your Company has
been awarded the SKOCH Financial Inclusion Award 2012 for their
contribution towards financial inclusion through life insurance, for
the second consecutive year. The SKOCH Financial Inclusion award
recognized your Company’s micro-insurance product, Sarve Shakti
Suraksha (SSS), which is an affordable life insurance product with a
systematic savings option catering to rural markets.
Your Company was also awarded Certificates of Merit in recognition
for its micro-insurance initiatives in the following areas:
• A robust and simplified micro insurance renewal collection
mechanism
• ToolsoffinancialinsuranceliteracyforRuralCustomers
• Micro-insuranceClaimshandlingandsettlement.
Corporate Communication
The Allianz global format of Junior Football Camp in India with a
school contact program was conducted for the second year across 40
cities and over 25,000 students participated. Of these 4 were finally
selected to attend an exclusive football training camp at FC Bayern
Club at Munich.
3.1 Capital and Net Worth:
The total funds infused by the shareholders in the Company remains
Rs. 12.11 billion. There was no fresh infusion of Capital during the
year 2011-12. The Net Worth of your Company as at 31st March, 2012
was Rs 35.6 billion as against Rs. 22.5 billion at 31st March 2011. Your
Company had no accumulated losses as at 31st March 2012.
Your Company maintained very high levels of solvency throughout
the year, which provides policyholders with a high degree of comfort
when dealing with your Company. The solvency ratio as at 31st March
2012 stands at 516.28% as against the required solvency margin of
150%.
Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Directors’ Report for the Financial Year ended 31st March 2012
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3.2. IRDA Registration:
IRDA has renewed the Certificate of Registration of the Company to
carry on life insurance business for the year 2012-13.
4. Particulars regarding conservation of energy and technology absorption:
The particulars in the Companies (Disclosure of Particulars in
the report of the Board of Directors) Rules, 1988, pertaining to
conservation of energy does not apply to life insurance industry and
hence are not applicable to your Company.
Information Technology
Your Company leverages information technology as a strategic tool
to gain competitive advantage and to improve productivity, efficiency
of the organisation and improve customer satisfaction & experience.
Platforms are designed to service scale and are capable of handling
high customer and transaction volumes. Your Company has used
technology to deliver process improvements, innovations and to add
value to our services to the customers and business partners.
5. Foreign exchange earnings and expenditure:
Earnings in foreign currency NIL
Expenditure in foreign currency 0.29 billion
6. Particulars of employees:
As required by the provisions of sub-section 2A of Section 217 of
the Companies Act, 1956 read with the Companies (Particulars of
Employees) Rules, 1975 as amended, the names and other particulars
of the employees are set out in the Annexure A to the Directors’ Report.
This report and accounts are being sent to shareholders excluding
the said information. Any shareholder interested in obtaining such
information may write to the Company Secretary at the registered
office of the Company for a copy thereof.
7. Directors:
Mr. Manuel Bauer, Mr. Niraj Bajaj and Mr. Ranjit Gupta, Directors of
the Company retire by rotation and being eligible to offer themselves
for re-appointment as directors.
Mr. Heinz Dollberg ceased to be Director of the Company and has
been succeeded by Mr. David Fried. Mr. Kamesh Goyal has ceased to
be the Alternate Director to Mr. Manuel Bauer with effect from 30th
March 2012. The Board of Directors places on record its appreciation
and gratitude towards the excellent support and guidance Mr. Heinz
Dollberg and Mr. Kamesh Goyal have rendered to the Company.
8. Directors’ responsibility statement:
In accordance with the requirements of sub-section 2AA of Section
217 of the Companies Act, 1956, the Board of Directors wish to
confirm the following:
(i) that in preparation of the annual accounts, the applicable
accounting standards have been followed along with proper
explanation relating to material departures;
(ii) that such accounting policies have been selected and applied
consistently, and made judgments and estimates that are
reasonable and prudent so as to give a true and fair view of the
state of affairs of the Company as on 31st March 2012 and of the
profit of the Company for that period;
(iii) that proper and sufficient care has been taken for the
maintenance of adequate accounting records in accordance
with the provisions of the Act for safeguarding the assets of
the Company and for preventing and detecting fraud and other
irregularities;
(iv) that the annual accounts have been prepared on a going concern
basis.
9. Corporate Governance:
The Corporate Governance guidelines issued by the IRDA came
into effect from 1st April 2010. A report on compliance with these
guidelines is contained in Annexure B along with a certificate from
the Compliance Officer.
10. Auditors:
The Company appointed M/s BSR & Co, Chartered Accountants and
M/s Dalal & Shah, Chartered Accountants, as joint statutory auditors
of the Company in the last Annual General meeting. They hold office
up to the conclusion of the Eleventh Annual General meeting of the
Company. In accordance with the IRDA Regulations/Guidelines, it is
now proposed to appoint M/s BSR & Co, Chartered Accountants and
M/s Dalal & Shah, Chartered Accountants, as Joint Statutory Auditors
of the Company to hold office from the conclusion of the ensuing
Annual General Meeting till the conclusion of the next Annual General
Meeting and to fix their remuneration.
The shareholders are requested to appoint the auditors for the
period from the conclusion of the ensuing annual general meeting
till the conclusion of the next annual general meeting and to fix their
remuneration.
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
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11. Appreciation:
The Board is grateful to the IRDA and other regulatory authorities for
their continued support. The Board is also grateful to its Policyholders’,
Bankers’, Intermediaries’ and Channel Partners for their continued
support.
The Directors take this opportunity to thank the concerned employees
of Bajaj Finserv Limited and Allianz SE for their invaluable contribution
in guiding the working of the Company.
The Directors also take this opportunity to thank the employees at all
levels for their hard work, dedication and commitment.
On behalf of Board of Directors of
Bajaj Allianz Life Insurance Company Limited
Rahul Bajaj
Chairman
Place : Pune
Date : 12th May 2012
Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Directors’ Report for the Financial Year ended 31st March 2012
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Annexure B to the Directors’ Report
Corporate Governance
The Corporate Governance Guidelines dated 5th August 2009
(the Guidelines) for the insurance companies issued by Insurance
Regulatory and Development Authority (IRDA) outlines the
framework of corporate governance policies and practices followed
at the Company.
Board of Directors
The Board of Directors consists of 11 Directors which includes four
Independent Directors. The CEO of the Company, as the Managing
Director, is member of the Board of Directors. The Chairman of the
Company and all other Directors are Non-executive and none of
the Independent Directors are relatives of any other Director. The
list of Directors and other major offices held by them is mentioned
elsewhere in this Annual Report.
1. Mr. Rahul Bajaj, Chairman of the Company, an honours graduate
in Economics and Law and MBA from Harvard Business School.
He is considered as one of the most successful business leaders
of India and heads the Bajaj Group of Companies.
2. Mr. Manuel Bauer, Director, has done Mechanical Engineering
from Technical Engineering College in Vienna. He has been head
of Central Eastern Europe, Middle East and North Africa (CEEMA)
Unit of Allianz SE, Munich since 2010.
3. Mr. Sanjay Asher, Independent Director, is a Commerce and Law
Graduate from Mumbai University and a fellow member of the
Institute of Chartered accountants of India. Mr. Sanjay Asher is a
Partner of M/s. Crawford Bailey & Co. and was an invitee to the
Department of Disinvestment’s Committee for standardizing
the transaction documents in relation to privatization of the
public sector enterprises.
4. Mr. Niraj Bajaj, Director, has done his B Com from Sydenham
College of Commerce & Economics, Mumbai and Masters in
Business Administration from Harvard Business School, USA. He
has been Co-Chairman of Mukand Ltd since July 14, 2007 and
serves as its Managing Director. Mr. Niraj Bajaj is a Promoter of
the Bajaj Group.
5. Mr. Sanjiv Bajaj, Director, who is a mechanical engineer, has done
M. Sc (Manufacturing Systems Engineering) from University of
Warwick, UK and MBA from Harvard Business School, USA. He
is currently the Managing Director of Bajaj Finserv Limited and
Bajaj Holdings and Investment Limited.
6. Mr. Heinz Dollberg, Director, who has a degree in law and holds
executive positions with numerous subsidiaries of Allianz, has
been associated with Allianz Group for over three decades. He
has been responsible for managing operations in Asia, Middle
East and North Africa in collaboration with Allianz offices across
the region. He ceases to be a Director on 12th May 2012.
7. Mr. David Fried, Director, has been nominated on the Board
of the Company by Allianz SE in place of Mr. Heinz Dollberg
with effect from 12th May 2012. A Bachelor in International
Economics and Political Science from Miami University, Oxford,
Ohio. He is the Chief Executive Officer, Asia Pacific of Allianz SE
Insurance Management Asia Pacific. Before joining Allianz, he
was with HSBC for over 20 years and held various positions in
the UK, Asia and the USA.
8. Mr. Ranjit Gupta, Director, who is currently working as President
– Insurance, at Bajaj Finserv Limited, has Masters Degree in
Mechanical & Electrical Engineering from the Indian Railway
Institute of Mechanical & Electrical Engineers.
9. Mr. Kamesh Goyal, who is a science and law graduate and has
also done MBA from Faculty of Management Studies, Delhi
University, was an Alternate Director to Mr. Manuel Bauer. Earlier,
he has been a CEO of Bajaj Allianz General Insurance Company
Limited and Bajaj Allianz Life Insurance Company Limited. He
ceased as an Alternate Director to Mr. Manual Bauer with effect
from 30th March, 2012.
10. Mr. S H Khan, Independent Director, has Masters Degree in
Commerce and is the former chairman and Managing Director
of IDBI and has been associated with the promotion of several
capital market institutions, including NSE, NSDL and CARE and
guided their operations as Chairman in the initial years of their
existence. He is also on the Board of Bajaj Finserv Limited, as
an Independent Director and also the member of its Audit
Committee.
11. Mr. Suraj Mehta, Independent Director, who has honours in
Economics, also serves as Non-Executive Independent Director
of BPL Limited. Mr. Mehta has held key management positions in
India and abroad with ANZ Grindlays Bank till the year 1994. He
was the Chief Executive Officer of Dresdner Bank AG in India &
was the Geographic Head for the group’s four businesses which
included Investment, Banking; Securities Broking and Software
Development. He has also worked as the Chief Executive Officer
of NABIL Bank Limited, the private sector bank in Nepal.
12. Mr. Manu Tandon, Independent Director is a commerce
graduate and Chartered Accountant, England &Wales. He
retired in 2008 as Managing Director Elantas Beck India Ltd Pune,
subsidiary of Altana AG, Germany. He was Director, Finance &
Corporate Affairs, BASF India Ltd, Mumbai from 1983 till 1996.
He was Former Chairman of Pune Zonal Council, Confederation
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
7
of Indian Industry (CII) and also former Chairman of CII National
Council for Chemicals Fertilizers & Petrochemicals.
13. Mr. V. Philip, Managing Director and CEO, has a Bachelors
degree in Electronics. He has also done Post Graduate Diploma
in Marketing from Symbiosis. Starting his career with Indian
Express in August 1991, he achieved a continues success and
worked as Deputy Manager with Allianz AG then as CIO &
Head of Direct Marketing with Bajaj Allianz General Insurance
Company Limited. He also worked as Chief Operations Officer in
Bajaj Allianz Life Insurance Company Limited.
Meetings of the Board of Directors
During the year 2011-12, the Board of Directors met four times on
6th May 2011, 20th July 2011, 14th October 2011 and 13th January
2012. Following table sets out the details of attendance of Directors
at the Board meetings.
Name of Director Category of DirectorshipMeetings attended
Sitting Fees(Amt in Rs.)
Mr. Rahul Bajaj Chairman 4/4 NIL
Mr. Manuel Bauer Director 1/4 NIL
Mr. Sanjay Asher Independent Director 2/4 40,000/-
Mr. Niraj Bajaj Director 3/4 NIL
Mr. Sanjiv Bajaj Director 4/4 NIL
Mr. Heinz Dollberg* Director 3/4 NIL
Mr. Kamesh Goyal** Alternate Director to Mr. Bauer 2/3 NIL
Mr. Ranjit Gupta Director 4/4 NIL
Mr. S H Khan Independent Director 4/4 80,000/-
Mr. Suraj Mehta Independent Director 4/4 80,000/-
Mr. Manu Tandon Independent Director 4/4 80,000/-
Mr. V Philip Managing Director 4/4 NIL
* Mr. Heinz Dollberg ceases to be Director of the Company w.e.f.
12th May 2012
** Mr. Kamesh Goyal ceased as an Alternate Director to Mr. Manual
Bauer w.e.f. 30th March 2012.
Committees of the Board of Directors: Constitution & Composition
Audit Committee, Investment Committee, Risk Management
Committee and Policyholders Protection Committee mandatorily
required under the IRDA Corporate Governance Guidelines have been
constituted in accordance with the requirements set out therein.
Audit Committee
The Audit Committee of the Board of Directors oversees the periodic
financial reporting before submission to the Board and disclosure
processes, functioning of the internal audit department and reviews
its plans and reports on a quarterly basis. The Audit Committee is
directly responsible for the recommendation of the appointment,
remuneration, performance and oversight of the work of the
Internal, Statutory and Concurrent Auditors. The senior management
personnel are invited to the meetings of the Audit Committee, along
with the Head of Internal Audit, who presents his report to the
Committee at every meeting thereof.
Mr. S.H. Khan, an Independent Director, is the chairman of the Audit
committee with Mr. Sanjay Asher, Independent Director, Mr. Sanjiv
Bajaj, Mr. Manuel Bauer, Mr. David Fried and Mr. Ranjit Gupta being
other members thereof. All the members of the Audit Committee are
Non-executive Directors.
The Audit Committee met four times during the year on 6th May 2011,
12th July 2011, 14th October 2011 and 12th January 2012. Following
table sets out the particulars of attendance at various meetings:
Name of Member Meetings attendedSitting Fees(Amt in Rs.)
Mr. S H Khan 4/4 80,000/-
Mr. Sanjay Asher 2/4 40,000/-
Mr. Sanjiv Bajaj 4/4 -
Mr. Manuel Bauer 0/4 -
Mr. Heinz Dollberg* 2/4 -
Mr. Kamesh Goyal** 2/4 -
Mr. Ranjit Gupta 4/4 -
* Mr. Heinz Dollberg ceases to be Director of the Company w.e.f.
12th May 2012
** Mr. Kamesh Goyal ceased to be Alternate Director of Mr. Manuel
Bauer w.e.f. 30th March 2012.
Investment Committee
The Investment Committee establishes the Investment Policy and
operational framework for the investment operations of the Company.
It periodically reviews the Investment policy based on the investment
performance and the evaluation of dynamic market conditions and
places it before the Board of Directors for approval.
Mr. Manuel Bauer is the Chairman of the Investment Committee,
with Mr. Sanjiv Bajaj, Mr. Ranjit Gupta and Mr. V. Philip, MD & CEO,
being the other Director members thereof. Mr. Rajesh Viswanathan,
Chief Financial Officer, Mr. Sampath Reddy, Chief Investments Officer
and Mr. Anil Singh, Appointed Actuary, are also members of the
Investment Committee. The Chief Risk Officer is also invited to the
Investment Committee meetings.
The Investment Committee met four times during the year on 5th
May 2011, 20th July 2011, 13th October 2011 and 12th January 2012.
Following table sets out the particulars of attendance of members of
the Investment Committee at various meetings:
Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Directors’ Report for the Financial Year ended 31st March 2012
8
Name of Member Meetings Attended
Mr. Heinz Dollberg* 0/1
Mr. Manuel Bauer* 0/3
Mr. Sanjiv Bajaj 4/4
Mr. Kamesh Goyal** 2/3
Mr. Ranjit Gupta 4/4
Mr. V. Philip 4/4
Mr. Sashi Krishnan*** 3/3
Mr. Sampath Reddy*** 1/1
Mr. Anil Singh 4/4
Mr. Rajesh Viswanathan 4/4
* Mr. Manuel Bauer was appointed as Chairman of Investment
Committee in place of Mr. Heinz Dollberg w.e.f. 6th May 2011.
Mr. Heinz Dollberg ceases to be Director of the Company w.e.f.
12th May 2012.
** Mr. Kamesh Goyal ceased to be Alternate Director to Mr. Manual
Bauer w.e.f. 30th March 2012.
*** Mr. Sampath Reddy was appointed as Chief Investment Officer
and member of the Investment Committee in place of Mr. Sashi
Krishnan w.e.f. 20th January 2012
Risk Management Committee
The Risk Management Committee oversees the functioning of
the overall risk management framework of the Company and
implementation of the risk management strategy. It assists the Board
in effective operation of the risk management system by performing
analyses and quality reviews and reports details on the risk exposures
and the actions taken to manage the exposures.
Risk Management Framework of the Company:
The Company perceives risk management as a means of value
optimization. We also recognize the importance of internal controls
and risk management in sustaining the business continuity and have
endeavored to make risk management and control an essential
component of our business culture. This is achieved through
better understanding of the balance between risk and return in the
implementation and achievement of entity objectives. The overall risks
are divided into several categories, which are further subdivided into
major sub-categories. While the risk categories remain clearly distinct
from each other, at the time of assessment their interdependencies
are taken in to account. Covering major categories of assessable risks,
independent of the assessment methodology, and quantifiability,
the risk management framework encompasses practices relating to
identification, assessment, monitoring and mitigation of these risks.
a) Risk Management Policy: We are committed to manage risks in
line with the Company’s stated risk appetite though a systematic
framework which identifies, evaluates, mitigates and monitors
risks that potentially have a material impact on the value of the
organization or potentially hinder the organization in achieving
its stated business objectives and goals.
b) Risk Management Overview Structure: A proactive risk
management structure is core to the Company’s overall
strategic management. The supervisory level Risk Committee,
convened by the Chief Risk Officer (CRO), comprises of various
Heads of Departments / functions, which have been identified
as the owners of respective risks. They are responsible for the
implementation of risk management activities including risk
mitigation plan within their respective vertical / departments
or projects. This supervisory level committee establishes
centralized risk monitoring and management. Through this
structured process, the risk management team undertakes to
provide reasonable assurance to top management on the state
of risks and controls. The risk owners are responsible to review
the Top Risk Assessment (TRA) during the Risk Committee
Meeting. The CRO is ultimately responsible for fostering the
enterprise-wide risk management function including provision
of the TRA to the Risk Committee and the Risk Management
Committee.
c) Risk Management Procedures: To ensure an effective integrated
risk management process, the Risk Management Cycle is used
as the base for identification and solution tool. Typically a Risk
Management Cycle entails Operations & Monitoring risks (Risk
Identification, Assessment & Control, Treatment & Management
Action Plan, followed by Monitoring & Reviewing) and Controls
& Compliance (Standard Operating Procedures, Internal and
External Audit and Quarterly Risk Review)
Mr. Manuel Bauer, Director, is the Chairman of the Risk Management
Committee, with Mr. Sanjiv Bajaj, Mr. Ranjit Gupta and Mr. V. Philip,
MD & CEO, being the other members thereof.
The Risk Management Committee met four times during the year on
5th May 2011, 20th July 2011, 13th October 2011 and 13th January
2012. Following table sets out the particulars of attendance of
members of the Risk Management Committee at various meetings:
Name of Member Meetings Attended
Mr. Heinz Dollberg* 0/1
Mr. Manuel Bauer* 0/3
Mr. Sanjiv Bajaj 4/4
Mr. Kamesh Goyal** 2/3
Mr. Ranjit Gupta 4/4
Mr. V. Philip 4/4
* Mr. Manuel Bauer was appointed in place of Mr. Heinz Dollberg
as Chairman of the Risk Management Committee w.e.f. 6th May
2011. Mr. Heinz Dollberg ceases to be Director of the Company
w.e.f. 12th May 2012.
** Mr. Kamesh Goyal ceased to be Alternate Director to Mr. Manual
Bauer w.e.f. 30th March 2012.
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
9
Pursuant to IRDA Circular dated 3rd January 2012, regarding Asset
Liability Management and Stress Testing, the Company has adopted
the Asset Liability Management Policy (ALM Policy) which is being
implemented with effect from 1st April 2012.
Policyholders’ Protection Committee
As required by the IRDA Guidelines, the Company has formed a
Policyholders’ Protection Committee of the Board of Directors,
with responsibility to put in place proper procedures and effective
mechanism to address complaints and grievances of policyholders
including mis-selling by intermediaries and to ensure compliance
with the statutory requirements. The Policyholders’ Protection
Committee reviews the Grievance Redressal Mechanism and the
status of complaints at periodic intervals.
Mr. Sanjiv Bajaj is the Chairman of the Policyholders’ Protection
Committee, with Mr. Manuel Bauer, Mr. Ranjit Gupta and Mr. V. Philip,
MD & CEO, being the other members thereof.
The Policyholders’ Protection Committee met four times during the
year on 5th May 2011, 20th July 2011, 13th October 2011 and 13th
January 2012. Following table sets out the particulars of attendance
of members of the Policyholders’ Protection Committee at various
meetings:
Name of Member Meetings Attended
Mr. Sanjiv Bajaj 4/4
Mr. Manuel Bauer* 0/3
Mr. Heinz Dollberg* 0/1
Mr. Kamesh Goyal** 2/3
Mr. Ranjit Gupta 4/4
Mr. V. Philip 4/4
* Mr. Manuel Bauer was appointed in place of Mr. Heinz Dollberg as
member of the Policyholders’ Protection Committee w.e.f. 6th May
2011. Mr. Heinz Dollberg ceases to be Director of the Company
w.e.f. 12th May 2012.
** Mr. Kamesh Goyal ceased as an Alternate Director to Mr. Manual
Bauer w.e.f. 30th March 2012.
Certification for compliance of the Corporate Governance Guidelines
I, Sameer Bakshi, Company Secretary & Head – Legal and Compliance, hereby certify that the Company has complied with the Corporate Governance
Guidelines for Insurance Companies as amended from time to time and nothing has been concealed or suppressed.
Sameer Bakshi
Company Secretary and
Head – Legal and Compliance
Date : 12th May 2012
Place : Pune
Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Directors’ Report for the Financial Year ended 31st March 2012
10
With respect to the operations of Bajaj Allianz Life Insurance Company
Limited (‘the Company’) for the financial year 1 April 2011 to 31
March 2012 and results thereof, the Management of the Company
confirms and declares that:
1. The registration certificate granted by Insurance Regulatory and Development Authority (IRDA) is valid and the same has been renewed for the year 2012 - 2013.
2. All dues payable to the statutory authorities have been duly paid except those under dispute or disclosed under contingent liabilities in the notes to the accounts forming part of financial statements.
3. There has been no transfer of shares during the year and the shareholding pattern is in accordance with the statutory and regulatory requirement.
4. The Management has not directly or indirectly invested outside India, the funds of the holders of policies issued in India.
5. The required solvency margins have been maintained as required by the IRDA regulations.
6. We certify that the values of all the assets have been reviewed on the date of Balance Sheet and in the Management’s belief, the assets set forth under each of the headings in the Balance Sheet are shown in the aggregate at amounts not exceeding their realizable or market value under their related headings - “Loans”, “Investments”, “Outstanding Premiums”, “Income accrued on investments”, “Amounts due from other entities carrying on insurance business (including amounts due from reinsurers)”, “Cash” and the several items specified under “Advances” and “Other Accounts”.
As required by IRDA (Preparation of Financial Statements and Auditor’s Report of Insurance Companies) Regulations 2002 all debt securities, including government securities, are considered as ‘held to maturity’ and accordingly measured at historical cost, subject to amortization of premium or accretion of discount in the Revenue account or the Profit and Loss account over the period of maturity/ holding on a straight line basis. At March 31, 2012 the market value of these investments is lower by Rs 1,089,941 thousand. The lower market value is attributable to the rise in yields during the year. These investments are managed with a long term focus and with an objective of Asset Liability management.
7. We certify that, no part of the life insurance fund has been directly or indirectly applied in contravention of the Insurance Act, 1938 (4 of 1938) relating to the application and investment of the life insurance fund.
8. The Company recognizes the risks associated with the life insurance business and manages the risks by adopting prudent
policies to counter the key risks of the Company – namely underwriting and investment risks.
The Company has established robust underwriting procedures to mitigate underwriting risks. Additionally the Company has entered into reinsurance arrangements wherein it reinsures risk in excess of its retention limits to mitigate its risk exposure.
The investment risk is managed by laying down appropriate guidelines in the Investment Policy. The Investment Policy is formulated by the Investment Committee and approved by the Board of Directors. The Investment Policy is reviewed for alignment with the Company’s latest business plan and other developments during the year.
9. The Company does not have operations in any other country.
10. Average claim settlement time from the date of receipt of complete requirement from the claimant to dispatch of claim payment for the current year and previous five financial years are given below:
Period Average claim settlement time (in days)
2011-12 9
2010-11 11
2009-10 7
2008-09 7
2007-08 7
2006-07 7
Ageing of claims registered and not settled as at 31st March 2012 is
given below:
For Traditional Business
Rs. In lakhs
Period
Current Year Previous Year
No. of Claims
AmountNo. of Claims
Amount
Less than 30 Days 662 1,391 601 594
30 days to 6 months 353 912 316 426
6 months to 1 year 41 83 90 109
1 year to 5 years 135 338 194 443
5 years and above 17 94 6 24
Total for the Period 1208 2818 1,207 1,596
For Linked Business:
Rs. In lakhs
Period
Current Year Previous Year
No. of Claims
Amount No. of Claims Amount
Less than 30 Days 396 662 484 967
30 days to 6 months 370 991 411 730
6 months to 1 year 278 509 199 312
1 year to 5 years 590 1322 466 1,038
5 years and above 13 25 4 5
Total for the Period 1647 3508 1,564 3,052
Management Report
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
11
11. We certify that the values, as shown in the Balance Sheet,
of the investments (other than unit linked investments and
discontinued fund investments), which consist of fixed income
securities, equity shares and mutual fund units, have been valued
as per accounting policies prescribed by IRDA. Investments in
Security Receipts and Loans are valued at cost. Market values
have been ascertained for equities on the basis of lower of the
closing prices as on the balance sheet date on The National Stock
Exchange of India Ltd. (NSE) and The Bombay Stock Exchange
Ltd, Mumbai (BSE). For fixed income securities, valuation is
based on procedure issued by Fixed Income and Money Market
and Derivative Dealers Association of India (FIMMDA). The
investments in the Mutual Funds are valued at the Net Asset
Values (NAV) of these Mutual Funds as on the Balance Sheet
date.
We certify that the unit linked investments and discontinued
fund investments have been valued on the basis as stated
below:
Equities have been valued at market values, which have been
ascertained on the basis of the last quoted closing price on the
NSE. In case the equity shares are not listed on the NSE, then they
are valued on the last quoted closing price on BSE. Unlisted shares
are stated at historical cost subject to provision for diminution,
if any, in the value of such investment. Government securities
are valued at prices obtained from Credit Rating Information
Services of India Ltd. (CRISIL). Corporate bonds and debentures
are valued on the basis of CRISIL Bond Valuer. Investments in
Venture Funds and Loans are valued at cost. Treasury bills,
Certificate of Deposits and Commercial Papers are valued at
cost plus accretion. Mutual fund units have been valued at the
last available Net Asset Value declared by the respective mutual
fund.
12. The Company has invested (other than unit linked funds)
mainly in approved Government securities and AAA and AA+
rated bonds. The primary aim while investing is to generate
adequate return while minimizing risk. The emphasis is also on
the liquidity of investments to ensure that the Company meets
all outgoings related to claims and other operations. While most
of the investments are in Fixed Income Securities in the form of
Government of India securities or Corporate Bonds with strong
credit rating, a small portion is also invested in Equity Shares.
Based on the past track record, the Management is confident of
the quality and performance of the investments.
13. The following are the payments made to individuals, firms,
companies and organizations in which the Directors of the
Company are interested:
Name of the Director/Shareholder Entity in which Director is interested Interested as Amount of Payment during the FY 2011-12
Mr. Rahul Bajaj
Bajaj Finserv Ltd.
Chairman & Member 114.81
Mr. Sanjiv Bajaj Director
Mr. S.H. Khan Director
Mr. Rahul BajajBajaj Finance Ltd.
Chairman & Member 6,636.54
Mr. Sanjiv Bajaj Director
Mr. Rahul Bajaj
Bajaj Allianz General Insurance Company Ltd.
Chairman 2,013.79
Mr. Sanjiv Bajaj Director
Mr. Niraj Bajaj Director
Mr.Heinz DollbergDirector (ceased as on 30th March 2012)
Mr.Kamesh Goyal Director
Mr. Ranjit Gupta Director
Mr. Sanjay Asher Director
Mr. S.H. Khan Director
Mr. Manu Tandon Director
Mr. Suraj Mehta Director
Mr. Manuel Bauer Director
Mr. Rahul BajajBajaj Electricals Ltd
Member 0.94
Mr. Niraj Bajaj Member
Mr.Heinz Dollberg
Bajaj Allianz Financial Distributors Ltd.
Director* 3,403.16
Mr.Ranjit Gupta Director*
Mr.Kamesh Goyal Director*
*(All the 3 directors have resigned w.e.f.14th October 2011)
Mr. Kamesh Goyal Allianz Investment Management Singapore Pte. Ltd. 100% Subsidiary of Allianz SE 318.50
Mr. Rahul Bajaj
Bajaj Auto Ltd.
Chairman & Member 4,884.02
Mr. Sanjiv Bajaj Director
Mr. Niraj Bajaj Director
Mr. S.H. Khan Director
Mr. Kamesh Goyal Allianz Insurance Management Asia Pacific Pte. Ltd. 100% Subsidiary of Allianz SE 13.11
Bajaj Allianz Life Insurance Company Ltd. I Management Report for the Financial Year ended 31st March 2012 Annual Report 2011-2012
(Rs. In Lakhs)
12
For Bajaj Allianz Life Insurance Company Limited
Rahul Bajaj Manuel Bauer
Chairman Director
Niraj Bajaj Sanjiv Bajaj
Director Director
David Fried Ranjit Gupta
Director Director
S. H. Khan Suraj Mehta
Director Director
Manu Tandon V Philip
Director Managing Director and Chief Executive Officer
Rajesh Viswanathan Anil Singh
Chief Financial Officer Appointed Actuary
Sameer Bakshi
Company Secretary and Head – Legal & Compliance
Place : Pune
Date : 12th May 2012
Name of the Director/Shareholder Entity in which Director is interested Interested as Amount of Payment during the FY 2011-12
Mr. Rahul BajajHind Musafir Agency Limited
Shareholding exceeds 2% 7.02
Mr. Niraj Bajaj Member
Mr. Manuel Bauer Allianz SE Member of the Board of Management 6.39
14. The Management of Bajaj Allianz Life Insurance Company
Limited certifies that:
(a) The financial statements of Bajaj Allianz Life Insurance Company
Limited have been prepared in accordance with the applicable
accounting standards and principles and policies with no
material departures;
(b) The Management has adopted accounting policies and applied
them consistently and made judgments and estimates that are
reasonable and prudent so as to give a true and fair view of the
state of the affairs of the Company at the end of the financial
year and of the operating profit as per Policyholders’ Account
(Technical Account) and of the profit as per Shareholders’
Account (Non Technical Account) of the Company for the year;
(c) The Management has taken proper and sufficient care for the
maintenance of adequate accounting records in accordance
with the applicable provisions of the Insurance Act, 1938 (4 of
1938) and Companies Act, 1956 (1 of 1956), for safeguarding
the assets of the Company and for preventing and detecting
fraud and other irregularities;
(d) The financial statements have been prepared on a going concern
basis;
(e) The Company has an internal audit system commensurate with
the size of the Company and nature of the business.
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
(Rs. In Lakhs)
To the Members of Bajaj Allianz Life Insurance Company Limited
1. We have audited the attached Balance Sheet of Bajaj Allianz
Life Insurance Company Limited (‘the Company’) as at 31
March 2012, the related Policyholders’ Revenue Account, the
Shareholders’ Profit and Loss Account and the Receipts and
Payments Account for the year ended on that date annexed
thereto, which we have signed under reference to this report.
These financial statements are the responsibility of the
Company’s management. Our responsibility is to express an
opinion on these financial statements based on our audit.
2. We conducted our audit in accordance with auditing standards
generally accepted in India. Those standards require that we
plan and perform the audit to obtain reasonable assurance
about whether the financial statements are free of material
misstatement. An audit includes examining, on a test basis,
evidence supporting the amounts and disclosures in the
financial statements. An audit also includes assessing the
accounting principles used and significant estimates made
by management, as well as evaluating the overall financial
statement presentation. We believe that our audit provides a
reasonable basis for our opinion.
3. The Balance Sheet, the Policyholders’ Revenue Account, the
Shareholders’ Profit and Loss Account and the Receipts and
Payments Account have been drawn up in accordance with
the Insurance Act, 1938 (Act 4 of 1938), Insurance Regulatory
and Development Act, 1999, Insurance Regulatory and
Development Authority (Preparation of Financial Statements
and Auditor’s Report of Insurance Companies) Regulations 2002
(‘the Regulations’) read with Section 211 of the Companies Act,
1956.
4. As required by the Regulations, we set out in the Annexure, a
statement certifying the matters specified in paragraph 4 of
Schedule C to the Regulations.
5. Further to our comments in the Annexure referred to above, we
report that:
(a) We have obtained all the information and explanations, which
to the best of our knowledge and belief were necessary for the
purposes of the audit and have found them to be satisfactory;
(b) In our opinion and to the best of our information and according
to the explanations given to us, proper books of account as
required by law have been maintained by the Company, so far
as appears from our examination of those books;
(c) As the Company’s financial accounting system is centralized at
head office, no returns for the purposes of our audit are prepared
at the branches and other offices of the Company;
(d) The Balance Sheet, the Policyholders’ Revenue Account, the
Shareholders’ Profit and Loss Account and the Receipts and
Payments Account dealt with by this report are in agreement
with the books of account;
(e) The actuarial valuation of liabilities for life policies in force is
the responsibility of the Company’s Appointed Actuary (‘the
Appointed Actuary’). The actuarial valuation of these liabilities
as at 31 March 2012 has been duly certified by the Appointed
Actuary. The Appointed Actuary has also certified in his opinion,
the assumptions for such valuation are in accordance with the
guidelines and norms, if any, issued by the Insurance Regulatory
Development Authority (‘IRDA’) (‘Authority’) and the Actuarial
Society of India in concurrence with the Authority. We have relied
upon Appointed Actuary’s certificate in this regard for forming
our opinion on the financial statements of the Company;
(f) On the basis of written representations received from the
Directors of the Company, as on 31 March 2012 and taken
on record by the Board of Directors, none of the Directors is
disqualified as on 31 March 2012 from being appointed as a
Director in terms of clause (g) of sub-section (1) of Section 274
of the Companies Act, 1956.
6. In our opinion and to the best of our information and according
to the explanations given to us, we further report that:
(a) The Investments have been valued in accordance with the
provisions of the Insurance Act, 1938, the Regulations and / or
orders / directions issued by IRDA in this regard;
(b) The accounting policies selected by the Company are appropriate
and are in compliance with the applicable Accounting Standards
referred to in sub-section (3C) of section 211 of the Companies
Act, 1956 and the Rules framed there under and with the
accounting principles as prescribed in the Insurance Regulatory
and Development Authority (Preparation of Financial Statements
and Auditor’s Report of Insurance Companies) Regulations,
2002, (‘the Regulations’) and orders/directions issued by IRDA
in this behalf;
(c) The Balance sheet, the Policyholders’ Revenue Account, the
Shareholders’ Profit and Loss Account and the Receipts and
Payments Account dealt with by this report comply with the
Accounting Standards referred to in sub-section (3C) of section
211 of the Companies Act, 1956 and the Rules framed there
under to the extent they are not inconsistent with the accounting
principles prescribed in the Regulations and orders / directions
issued by IRDA in this regard;
Auditors’ Report
13
Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Auditor’s Report for the Financial Year ended 31st March 2012
7. In our opinion and to the best of our information and according
to the explanations given to us, the said financial statements
together with the notes thereon and attached thereto
are prepared in accordance with the requirements of the
Regulations, the Insurance Act, 1938, the Insurance Regulatory
and Development Authority Act, 1999 and the Companies Act,
1956, to the extent applicable and in the manner so required
and give a true and fair view in conformity with the accounting
principles generally accepted in India as applicable to insurance
companies:
(i) in the case of the Balance Sheet, of the state of affairs of the
Company as at 31 March 2012;
(ii) in the case of Policyholders’ Revenue Account, of the net surplus
for the year ended on that date;
(iii) in the case of Shareholders’ Profit and Loss account, of the profit
for the year ended on that date; and
(iv) in the case of the Receipts and Payments Account, of the receipts
and payments for the year ended on that date.
8. Further, on the basis of our examination of books of account and
other records of the Company and according to the information
and explanations given to us, we certify to the best of our
knowledge and belief that:
(a) We have reviewed the Management Report attached to the
financial statements for the year ended 31 March 2012, and
have found no apparent mistake or material inconsistencies
with the financial statements; and
(b) Based on information and explanations received during normal
course of the audit, management’s representations made to us
and the compliance certificates submitted to the Board by the
officers of the Company charged with compliance and the same
being noted by the Board, nothing has come to our attention
which causes us to believe that the Company has not complied
with the terms and conditions of registration as per subsection
4 of section 3 of the Insurance Act, 1938.
For Dalal & Shah
Chartered Accountants
Firm’s Registration No: 102021W
Anish Amin
Partner
Membership No: 40451
Place : Pune
Date : 12th May 2012
For B S R & Co.
Chartered Accountants
Firm’s Registration No: 101248W
Juzer Miyajiwala
Partner
Membership No: 47483
Place : Pune
Date : 12th May 2012
14
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Auditors’ Certificate
To the Members of Bajaj Allianz Life Insurance Company Limited
In accordance with the information and explanations given to us and to the best of our knowledge and belief and based on our examination of
the books of account and other records maintained by Bajaj Allianz Life Insurance Company Limited (‘the Company’) for the year ended 31
March 2012, we certify that:
1. We have verified the cash balances, to the extent considered necessary, and securities relating to the Company’s loans and investments
as at 31 March 2012 by actual inspection or on the basis of certificates / confirmations received from the Custodian appointed by the
Company, as the case may be. As at 31 March 2012, none of the Company’s assets involve reversion or life interests;
2. The Company is not a trustee of any trust; and
3. No part of the assets of the Policyholders’ Funds has been directly or indirectly applied in contravention to the provisions of the Insurance
Act, 1938, relating to the application and investments of the Policyholders’ Funds.
This certificate is issued to comply with Schedule C of the Insurance Regulatory and Development Authority (Preparation of Financial Statements
and Auditor’s Report of Insurance Companies) Regulations 2002, (‘the Accounting Regulations’) read with Regulation 3 of the Accounting
Regulations and may not be suitable for any other purpose.
Annexure to the Auditors’ Report(Referred to in the Auditors’ Report to the members of Bajaj Allianz Life Insurance Company Limited (‘the Company’) on the accounts for the
year ended 31 March 2012)
For Dalal & Shah
Chartered Accountants
Firm’s Registration No: 102021W
Anish Amin
Partner
Membership No: 40451
Place : Pune
Date : 12th May 2012
For B S R & Co.
Chartered Accountants
Firm’s Registration No: 101248W
Juzer Miyajiwala
Partner
Membership No: 47483
Place : Pune
Date : 12th May 2012
15
Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Auditor’s Report for the Financial Year ended 31st March 2012
Revenue Account for the year ended 31st March 2012Policyholders’ Account (Technical Account)
Particulars Schedule Current Year Participating
Individual Assurance
Individual Pension
PREMIUMS EARNED - Net
(a) Premium 1 74,837,954 19,052,597 59,242
(b) Reinsurance ceded (Refer Schedule 16 Note 16) (501,791) (62,592) (714)
(c) Reinsurance accepted - - -
SUB-TOTAL 74,336,163 18,990,005 58,528
INCOME FROM INVESTMENTS
(a) Interest, Dividend & Rent - Gross 11,065,710 2,220,229 42,004
(b) Profit on sale / redemption of investments 14,465,335 1,172 -
(c) (Loss on sale / redemption of investments) (6,979,550) (4,110) (28)
(d) Transfer/Gain on revaluation/ change in fair value (20,928,753) - -
(e) Other investment income 1,982,785 - -
(394,473) 2,217,291 41,976
OTHER INCOME 87,914 59,616 341
Contribution from the Shareholders’ account 28,489 - -
(Refer Schedule 16 Note 15)
SUB-TOTAL (278,070) 2,276,907 42,317
TOTAL (A) 74,058,093 21,266,912 100,845
COMMISSION 2 3,882,730 3,220,333 986
OPERATING EXPENSES RELATED TO INSURANCE BUSINESS 3 14,062,756 5,079,228 5,663
Provision for doubtful debts - - -
Bad Debts written off - - -
Provision for Income Tax 1,856,244 71,993 -
Provisions (other than taxation)
(a) For diminution in the value of investments (net) - - -
(b) Others - - -
TOTAL (B) 19,801,730 8,371,554 6,649
BENEFIT PAID (Net) 4 54,945,976 1,424,737 23,469
Interim Bonuses Paid 12,476 12,101 375
Change in valuation of liability in respect of life policies in force
(Refer Schedule 16 Note 1(e) and Note 8)
(a) Gross 18,091,966 10,998,024 43,382
(b) Fund Reserve [Refer Schedule 16 Note 1(e) ] (29,003,444) - -
(c) Reserve for Discontinuance fund [Refer Schedule 16 Note 26] 156,384 - -
(d) Amount ceded in Re-insurance - - -
(e) Amount accepted in Re-insurance - - -
TOTAL (C) 44,203,358 12,434,862 67,226
SURPLUS/ (DEFICIT ) (D) = (A) - (B) - (C) 10,053,005 460,496 26,970
Balance of previous year 1,183,697 1,150,293 33,404
APPROPRIATIONS
Transfer (to)/from reserve for lapsed unit linked policies unlikely to be revived 897,353 - -
(Refer Schedule 16 Note 1(e) and Note 8)
Transfer to Shareholders’ account (10,691,260) (226,841) (1,527)
Balance being funds for future appropriations 1,442,795 1,383,948 58,847
DETAILS OF TOTAL SURPLUS
Interim Bonuses Paid (a) 12,476 12,101 375
Allocation of Bonus to policyholders (b) 2,055,319 2,041,573 13,746
Surplus shown in the Revenue Account (c) 10,053,005 460,496 26,970
Total Surplus [ (a)+ (b)+ (c) ] 12,120,800 2,514,170 41,091
16
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Non Participating Linked
Individual Assurance
Individual Health
Individual Annuity
Group Assurance
IndividualAssurance
IndividualPension
Group
3,347,241 324,802 177,631 8,942,370 37,067,314 2,864,809 3,001,948
(18,566) (89,864) - (146,687) (180,297) (751) (2,320)
- - - - - - -
3,328,675 234,938 177,631 8,795,683 36,887,017 2,864,058 2,999,628
335,315 12,396 32,845 765,570 6,792,122 498,357 366,872
1,372 - - 330 13,466,942 769,654 225,865
(1,364) (221) (32) (7,472) (6,241,271) (525,266) (199,786)
- - - - (19,652,057) (1,003,974) (272,722)
- - - - 1,751,592 121,334 109,859
335,323 12,175 32,813 758,428 (3,882,672) (139,895) 230,088
1,569 955 42 8,077 9,998 500 6,816
- - 28,489 - - - -
336,892 13,130 61,344 766,505 (3,872,674) (139,395) 236,904
3,665,567 248,068 238,975 9,562,188 33,014,343 2,724,663 3,236,532
98,710 52,861 614 164,198 266,902 22,090 56,036
303,901 24,992 11,226 286,084 7,463,862 601,380 286,420
- - - - - - -
- - - - - - -
21,717 3,651 - 55,191 1,691,740 - 11,952
- - - - - - -
- - - - - - -
424,328 81,504 11,840 505,473 9,422,504 623,470 354,408
267,438 124,353 27,242 3,215,735 42,894,314 3,280,749 3,687,939
- - - - - - -
2,834,759 18,858 199,893 5,487,919 (1,345,160) (142,129) (3,580)
- - - - (26,895,827) (1,228,923) (878,694)
- - - - 156,384 - -
- - - - - - -
- - - - - - -
3,102,197 143,211 227,135 8,703,654 14,809,711 1,909,697 2,805,665
139,042 23,353 - 353,061 8,782,128 191,496 76,459
- - - - - - -
- - - - 897,353 - -
(139,042) (23,353) - (353,061) (9,679,481) (191,496) (76,459)
- - - - - - -
- - - - - - -
- - - - - - -
139,042 23,353 - 353,061 8,782,128 191,496 76,459
139,042 23,353 - 353,061 8,782,128 191,496 76,459
(Amount in Rs. ‘000)
17
Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Revenue Account for the Financial Year ended 31st March 2012
Revenue Account for the year ended 31st March 2012 Policyholders’ Account (Technical Account)
Particulars Schedule Previous Year Participating
Individual Assurance
Individual Pension
PREMIUMS EARNED - Net
(a) Premium 1 96,099,487 11,040,604 60,236
(b) Reinsurance ceded (Refer Schedule 16 Note 16) (347,698) (42,498) (698)
(c) Reinsurance accepted - - -
SUB-TOTAL 95,751,789 10,998,106 59,538
INCOME FROM INVESTMENTS
(a) Interest, Dividend & Rent - Gross 9,378,252 1,520,909 35,578
(b) Profit on sale / redemption of investments 32,226,636 30,799 1,270
(c) (Loss on sale / redemption of investments) (3,826,512) (20,086) (259)
(d) Transfer/Gain on revaluation/ change in fair value (1,405,265) - -
(e) Other investment income 2,750,548 - -
39,123,659 1,531,622 36,589
Other Income 86,869 66,489 866
Contribution from the Shareholders' account 316,720 - -
(Refer Schedule 16 Note 15)
SUB-TOTAL 39,527,248 1,598,111 37,455
TOTAL (A) 135,279,037 12,596,217 96,993
COMMISSION 2 6,164,741 1,982,309 1,252
OPERATING EXPENSES RELATED TO INSURANCE BUSINESS 3 16,065,847 3,153,289 7,649
Provision for doubtful debts - - -
Bad Debts written off - - -
Provision for Income Tax 1,923,860 43,354 -
Provisions (other than taxation)
(a) For diminution in the value of investments (net) - - -
(b) Others - - -
TOTAL (B) 24,154,448 5,178,952 8,901
BENEFIT PAID (Net) 4 49,846,683 835,374 19,420
Interim Bonuses Paid 19,558 14,663 1,938
Change in valuation of liability in respect of life policies in force
(Refer Schedule 16 Note 1(e) and Note 8)
(a) Gross 8,153,271 6,306,295 61,155
(b) Fund Reserve [Refer Schedule 16 Note 1(e) ] 44,695,551 - -
(c) Reserve for Discontinuance fund [Refer Schedule 16 Note 26] - - -
(d) Amount ceded in Re-insurance - - -
(e) Amount accepted in Re-insurance - - -
TOTAL (C) 102,715,063 7,156,332 82,513
SURPLUS/ (DEFICIT ) (D) = (A) - (B) - (C) 8,409,526 260,933 5,579
Balance of previous year 1,023,664 994,530 29,134
APPROPRIATIONS
Transfer (to)/from reserve for lapsed unit linked policies unlikely to be revived 1,105,581 - -
(Refer Schedule 16 Note 1(e) and Note 8)
Transfer to Shareholders' account (9,355,074) (105,170) (1,309)
Balance being funds for future appropriations 1,183,697 1,150,293 33,404
DETAILS OF TOTAL SURPLUS
Interim Bonuses Paid (a) 19,558 14,663 1,938
Allocation of Bonus to policyholders (b) 958,308 946,530 11,778
Surplus shown in the Revenue Account (c) 8,409,526 260,933 5,579
Total Surplus [ (a)+ (b)+ (c) ] 9,387,392 1,222,126 19,295
18
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
(Amount in Rs. ‘000)
Non Participating Linked
Individual Assurance
Individual Health
Individual Annuity
Group Assurance
IndividualAssurance
IndividualPension
Group
4,793,074 289,547 116,773 5,932,720 63,786,160 5,277,101 4,803,272
(14,846) (82,153) - (54,542) (151,083) (603) (1,275)
- - - - - - -
4,778,228 207,394 116,773 5,878,178 63,635,077 5,276,498 4,801,997
137,863 15,961 19,828 451,829 6,445,793 414,255 336,236
4,698 2,347 613 10,385 30,349,883 1,632,344 194,297
(1,483) (2) (394) (6,765) (3,410,303) (260,354) (126,866)
- - - - (1,712,363) 191,737 115,361
- - - - 2,528,991 152,722 68,835
141,078 18,306 20,047 455,449 34,202,001 2,130,704 587,863
1,390 261 28 969 11,083 4,617 1,166
- - 11,874 - - 304,846 -
142,468 18,567 31,949 456,418 34,213,084 2,440,167 589,029
4,920,696 225,961 148,722 6,334,596 97,848,161 7,716,665 5,391,026
1,100,408 45,770 650 189,383 2,548,714 167,465 128,790
1,664,590 27,378 2,447 247,481 9,294,008 1,042,442 626,563
- - - - - - -
- - - - - - -
61,753 8,681 - 46,850 1,741,671 - 21,551
- - - - - - -
- - - - - - -
2,826,751 81,829 3,097 483,714 13,584,393 1,209,907 776,904
153,338 86,728 17,461 2,127,776 43,673,877 2,205,110 727,599
2,957 - - - - - -
1,560,022 3,463 128,164 3,410,206 (3,143,749) (177,933) 5,648
- - - - 36,468,331 4,479,581 3,747,639
- - - - - - -
- - - - - - -
- - - - - - -
1,716,317 90,191 145,625 5,537,982 76,998,459 6,506,758 4,480,886
377,628 53,941 - 312,900 7,265,309 - 133,236
- - - - - - -
- - - - 1,105,581 - -
(377,628) (53,941) - (312,900) (8,370,890) - (133,236)
- - - - - - -
2,957 - - - - - -
- - - - - - -
377,628 53,941 - 312,900 7,265,309 - 133,236
380,585 53,941 - 312,900 7,265,309 - 133,236
19
Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Revenue Account for the Financial Year ended 31st March 2012
Notes to Financial Statements 16 As required by Section 40-B of the Insurance Act, 1938, we certify that all expenses of Management in respect of Life Insurance business transacted in India by the Company have been fully debited to the Policyholders’ Revenue Account as expenses.
The accompanying notes and schedules form an integral part of the financial statements.
As per our report of even date attached
For Bajaj Allianz Life Insurance Company Limited For Dalal & Shah For B S R & Co. Chartered Accountants Chartered Accountants Firm Registration Firm RegistrationNo. 102021W No. 101248W
Anish Amin Juzer Miyajiwala Partner Partner Membership No. 40451 Membership No. 47483
Rahul Bajaj Chairman
Sanjiv Bajaj Director
S. H. Khan Director V. Philip Managing Director and Chief Executive Officer
Sameer Bakshi Company Secretary and Head – Legal & Compliance Place : Pune Date : 12th May 2012
Place : Pune Date : 12th May 2012
Manuel Bauer Director David Fried Director Suraj Mehta Director Rajesh Viswanathan Chief Financial Officer
Niraj Bajaj Director
Ranjit Gupta Director
Manu Tandon Director
Anil Singh Appointed Actuary
20
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Form A- PL
Profit & Loss Account for the year ended 31st March 2012Shareholders’ Account (Non Technical Account)
(Amount in Rs. ‘000)
Particulars Current Year Current Year Previous Year Previous Year
Amounts transferred from the 10,691,260 9,355,074
Policyholders' Account (Technical Account)
INCOME FROM INVESTMENTS
(a) Interest, Dividends & Rent - Gross 2,732,290 1,759,051
(b) Profit on sale / redemption of investments 201,360 96,140
(c) (Loss on sale / redemption of investments) (25,587) (31,364)
(d) Transfer/Gain on revaluation / change in fair value - -
OTHER INCOME 1,066 -
TOTAL (A) 13,600,389 11,178,901
Expenses other than those directly related to the insurance business (Refer Schedule 16 Note 11)
76,124 45,534
Others
Provisions (Other than Taxation) - -
Contribution to the Policyholders' Account (Refer Schedule 16 Note 15)
Non Participating
Individual Annuity 28,489 11,874
Linked
Individual Pension - 28,489 304,846 316,720
TOTAL (B) 104,613 362,254
PROFIT / (LOSS) before Tax 13,495,776 10,816,647
Provision for Taxation including Wealth Tax 383,757 246,257
PROFIT / (LOSS) after Tax 13,112,019 10,570,390
Balance at the beginning of the year 10,387,412 (182,978)
PROFIT/(LOSS) CARRIED FORWARD TO BALANCE SHEET 23,499,431 10,387,412
Earning Per Share (Basic and Diluted) (Refer Schedule 16 Note 18) 87.00 70.14
For Bajaj Allianz Life Insurance Company Limited For Dalal & Shah For B S R & Co. Chartered Accountants Chartered Accountants Firm Registration Firm RegistrationNo. 102021W No. 101248W
Anish Amin Juzer Miyajiwala Partner Partner Membership No. 40451 Membership No. 47483
Rahul Bajaj Chairman Sanjiv Bajaj Director S. H. Khan Director V. Philip Managing Director and Chief Executive Officer Sameer Bakshi Company Secretary and Head - Legal & Compliance Place : Pune Date : 12th May 2012
Place : Pune Date : 12th May 2012
Manuel Bauer Director David Fried Director Suraj Mehta Director Rajesh Viswanathan Chief Financial Officer
Niraj Bajaj Director Ranjit Gupta Director Manu Tandon Director Anil Singh Appointed Actuary
Notes to Financial Statements 16 The accompanying notes and schedules form an integral part of the financial statements. As per our report of even date attached.
21
Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Profit & Loss Account for the Financial Year ended 31st March 2012
Form A- BS Balance Sheet as at 31st March 2012
Particulars Schedule Current Year Current Year Previous Year Previous Year
SOURCES OF FUNDS
SHAREHOLDERS' FUNDS
Share Capital 5 1,507,090 1,507,090
Reserves and Surplus 6 34,098,981 20,986,962
Credit/(Debit) Fair Value Change Account - 5
Sub-Total 35,606,071 22,494,057
BORROWINGS 7 - -
POLICYHOLDERS' FUNDS
Credit/(Debit) Fair Value Change Account 55,847 37,544
Policy Liabilities (Refer Schedule 16 Note 8)
Participating
Individual Assurance 32,544,438 21,546,414
Individual Pension 480,703 437,321
Non Participating
Individual Assurance 5,425,333 2,590,574
Individual Health 182,785 163,927
Individual Annuity 512,007 312,114
Group Assurance 13,069,765 7,581,846
Linked
Individual Assurance 4,181,769 5,526,929
Individual Pension 128,757 270,886
Group 13,084 56,538,641 16,664 38,446,675
Insurance Reserves - -
Provision For Linked Liabilities
Linked Liabilities 277,000,156 285,074,847
Fair value change 22,838,105 299,838,261 43,766,858 328,841,705
Provision For Discontinuance Fund (Refer Schedule 16 Note 26) 156,384 -
Sub-Total 356,589,133 367,325,924
FUNDS FOR FUTURE APPROPRIATIONS
Participating
Individual Assurance 1,383,948 1,150,293
Individual Pension 58,847 33,404
1,442,795 1,183,697
Reserve for Lapsed unit linked policies unlikely to be revived 847,971 2,290,766 1,745,324 2,929,021
Total 394,485,970 392,749,002
(Amount in Rs. ‘000)
22
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
23
Particulars Schedule Current Year Current Year Previous Year Previous Year
APPLICATION OF FUNDS
INVESTMENTS
Shareholders' 8 36,005,554 23,520,820
Policyholders' 8A
Participating
Individual Assurance 33,071,320 22,395,698
Individual Pension 521,828 463,956
Non Participating
Individual Assurance 5,268,941 2,547,408
Individual Health 182,904 163,427
Individual Annuity 492,756 307,254
Group Assurance 12,659,090 7,689,335
Linked
Individual Assurance 5,932,608 7,087,339
Individual Pension 183,119 264,331
Group 16,814 58,329,380 18,491 40,937,239
ASSETS HELD TO COVER LINKED LIABILITIES 8B 299,838,261 328,841,705
(Refer Schedule 16 Note 24)
ASSETS HELD TO COVER DISCONTINUED FUNDS(Refer Schedule 16 Note 26)
156,384 -
LOANS 9 170,660 147,078
FIXED ASSETS 10
Gross Block 4,653,778 3,727,565
Less : Accumulated Depriciation 2,442,224 2,167,872
Net Block 10 2,211,554 1,559,693
Capital work in progress 50,870 94,016
2,262,424 1,653,709
CURRENT ASSETS
Cash and bank balances 11 4,382,396 4,385,098
Advances and other Assets 12 5,364,592 3,832,457
Sub-Total (A) 9,746,988 8,217,555
LESS: CURRENT LIABILITES AND PROVISIONS
Current liabilities 13 10,654,854 9,500,915
Provisions 14 1,368,827 1,068,189
Sub-Total (B) 12,023,681 10,569,104
NET CURRENT ASSETS (C) = (A-B) (2,276,693) (2,351,549)
MISCELLANEOUS EXPENDITURE 15 - -
(To the extent not written off or adjusted )
DEBIT BALANCE IN PROFIT & LOSS ACCOUNT - -
(Shareholders' account )
Total 394,485,970 392,749,002
Form A- BS Balance Sheet as at 31st March 2012
For Bajaj Allianz Life Insurance Company Limited For Dalal & Shah For B S R & Co.
Chartered Accountants Chartered Accountants Firm Registration Firm RegistrationNo. 102021W No. 101248W
Anish Amin Juzer Miyajiwala Partner Partner Membership No. 40451 Membership No. 47483
Rahul Bajaj Chairman
Sanjiv Bajaj Director
S. H. Khan Director
V. Philip Managing Director and Chief Executive Officer
Sameer Bakshi Company Secretary and Head – Legal & Compliance
Place : Pune Date : 12th May 2012
Place : Pune Date : 12th May 2012
Manuel Bauer Director
David Fried Director
Suraj Mehta Director
Rajesh Viswanathan Chief Financial Officer
Niraj Bajaj Director
Ranjit Gupta Director
Manu Tandon Director
Anil Singh Appointed Actuary
Notes to Financial Statements 16 The accompanying notes and schedules form an integral part of the financial statements. As per our report of even date attached.
(Amount in Rs. ‘000)
Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Balance Sheet as at 31st March 2012
24
Part
icul
ars
Cur
rent
Yea
r P
arti
cipa
ting
N
on P
arti
cipa
ting
L
inke
d
Indi
vidu
al
Ass
uran
ceIn
divi
dual
Pe
nsio
nIn
divi
dual
A
ssur
ance
Indi
vidu
al
Hea
lth
Indi
vidu
al
Ann
uity
Gro
up
Ass
uran
ceIn
divi
dual
A
ssur
ance
Indi
vidu
al
Pens
ion
Gro
up
Firs
t Yea
r Pre
miu
m 1
8,51
6,37
0 1
1,53
5,98
4 2
,616
1
63,3
51
156
,092
-
4,9
38,9
36
719
,930
-
999
,461
Rene
wal
Pre
miu
m 4
7,66
4,89
6 7
,516
,613
5
6,62
6 3
,177
,221
1
68,7
10
- 2
,225
,489
3
1,09
3,84
0 2
,822
,513
6
03,8
84
Sing
le P
rem
ium
8,6
56,6
88
- -
6,6
69
- 1
77,6
31
1,7
77,9
45
5,2
53,5
44
42,
296
1,3
98,6
03
Tota
l Pre
miu
m
74,
837,
954
19,
052,
597
59,
242
3,3
47,2
41
324
,802
1
77,6
31
8,9
42,3
70
37,
067,
314
2,8
64,8
09
3,0
01,9
48
Prem
ium
Inco
me
from
Bus
ines
s writ
ten:
In In
dia
74,
837,
954
19,
052,
597
59,
242
3,3
47,2
41
324
,802
1
77,6
31
8,9
42,3
70
37,
067,
314
2,8
64,8
09
3,0
01,9
48
Out
side
Indi
a -
- -
- -
- -
- -
-
Tota
l Pre
miu
m
74,
837,
954
19,
052,
597
59,
242
3,3
47,2
41
324
,802
1
77,6
31
8,9
42,3
70
37,
067,
314
2,8
64,8
09
3,0
01,9
48
Par
ticu
lars
P
revi
ous
Year
P
arti
cipa
ting
N
on P
arti
cipa
ting
L
inke
d
Indi
vidu
al
Ass
uran
ce
Indi
vidu
al
Pen
sion
In
divi
dual
A
ssur
ance
In
divi
dual
H
ealt
h In
divi
dual
A
nnui
ty
Gro
up
Ass
uran
ce
Indi
vidu
al
Ass
uran
ce
Indi
vidu
al
Pen
sion
G
roup
Firs
t Yea
r Pre
miu
m 2
3,12
0,85
2 6
,398
,423
4
,396
3
,607
,004
1
60,9
32
- 3
,087
,796
6
,424
,655
1
,524
,056
1
,913
,590
Rene
wal
Pre
miu
m 6
1,44
1,29
8 4
,642
,181
5
5,84
0 1
,178
,139
1
28,6
15
- 1
,802
,877
5
0,10
1,51
8 3
,338
,008
1
94,1
20
Sing
le P
rem
ium
11,
537,
337
- -
7,9
31
- 1
16,7
73
1,0
42,0
47
7,2
59,9
87
415
,037
2
,695
,562
Tota
l Pre
miu
m
96,
099,
487
11,
040,
604
60,
236
4,7
93,0
74
289
,547
1
16,7
73
5,9
32,7
20
63,
786,
160
5,2
77,1
01
4,8
03,2
72
Prem
ium
Inco
me
from
Bus
ines
s writ
ten:
In In
dia
96,
099,
487
11,
040,
604
60,
236
4,7
93,0
74
289
,547
1
16,7
73
5,9
32,7
20
63,
786,
160
5,2
77,1
01
4,8
03,2
72
Out
side
Indi
a -
- -
- -
- -
- -
-
Tota
l Pre
miu
m
96,
099,
487
11,
040,
604
60,
236
4,7
93,0
74
289
,547
1
16,7
73
5,9
32,7
20
63,
786,
160
5,2
77,1
01
4,8
03,2
72
Sche
dule
s for
min
g pa
rt o
f fin
anci
al st
atem
ents
for t
he y
ear e
nded
31s
t Mar
ch 2
012
Sche
dule
- 1
: Pre
miu
m
(Am
ount
in R
s. ‘0
00)
(Am
ount
in R
s. ‘0
00)
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
25
Part
icul
ars
Cur
rent
Yea
r P
arti
cipa
ting
N
on P
arti
cipa
ting
L
inke
d
Indi
vidu
al
Ass
uran
ceIn
divi
dual
Pe
nsio
nIn
divi
dual
A
ssur
ance
Indi
vidu
al
Hea
lth
Indi
vidu
al
Ann
uity
Gro
up
Ass
uran
ceIn
divi
dual
A
ssur
ance
Indi
vidu
al
Pens
ion
Gro
up
Com
mis
sion
Pai
d
Dire
ct -
Firs
t yea
r pre
miu
m 3
,194
,141
2
,887
,411
1
73
21,
207
50,
394
-
102
,841
1
11,3
21
- 2
0,79
4
- R
enew
al P
rem
ium
591
,400
3
43,7
72
829
8
0,37
9 7
,916
-
4
4,98
9 7
9,62
3 2
1,82
0 1
2,07
2
- S
ingl
e Pr
emiu
m 1
34,8
77
- -
- -
614
2
1,53
3 8
9,22
1 3
39
23,
170
Add:
Com
mis
sion
on
Rein
sura
nce
Acce
pted
- -
- -
- -
- -
- -
Less
: Co
mm
issi
on o
n Re
insu
ranc
e Ce
ded
(37
,688
) (1
0,85
0) (1
6) (2
,876
) (5
,449
) -
(5,1
65)
(13,
263)
(69)
-
(Ref
er S
ched
ule
16 N
ote
16)
Net
Com
mis
sion
3,8
82,7
30
3,2
20,3
33
986
9
8,71
0 5
2,86
1 6
14
164
,198
2
66,9
02
22,
090
56,
036
Brea
kup
of c
omm
issi
on e
xpen
ses (
Gro
ss) i
ncur
red
to p
rocu
re b
usin
ess i
s fur
nish
ed b
elow
(*)
Agen
ts 1
,991
,412
Brok
ers
33,
698
Corp
orat
e Ag
ency
1,8
95,3
08
Refe
rral
-
Tota
l 3
,920
,418
Not
e : C
omm
issi
on o
f Firs
t Yea
r pre
miu
m in
clud
es re
ferr
al fe
es a
mou
ntin
g to
Rs.
NIL
(Pre
viou
s yea
r Rs.
447
,242
)
* Inf
orm
atio
n ac
ross
line
of b
usin
ess h
as n
ot b
een
disc
lose
d as
info
rmat
ion
is n
ot re
adily
ava
ilabl
e.
(Am
ount
in R
s. ‘0
00)
(Am
ount
in R
s. ‘0
00)
Sche
dule
s for
min
g pa
rt o
f fin
anci
al st
atem
ents
for t
he y
ear e
nded
31s
t Mar
ch 2
012
Sche
dule
- 2
: Com
mis
sion
Part
icul
ars
Pre
viou
s Ye
ar
Par
tici
pati
ng
Non
Par
tici
pati
ng
Lin
ked
Indi
vidu
al
Assu
ranc
eIn
divi
dual
Pe
nsio
nIn
divi
dual
As
sura
nce
Indi
vidu
al
Hea
lthIn
divi
dual
An
nuity
Gro
up
Assu
ranc
eIn
divi
dual
As
sura
nce
Indi
vidu
al
Pens
ion
Gro
up
Com
mis
sion
Pai
d
Dire
ct -
Firs
t yea
r pre
miu
m 4
,409
,417
1
,761
,632
-
1,0
74,5
62
39,
831
- 1
36,8
99
1,1
77,7
81
122
,034
9
6,67
8
- R
enew
al P
rem
ium
1,6
60,5
69
225
,027
1
,273
2
9,76
9 6
,901
-
57,
541
1,2
97,3
92
41,
851
815
-S
ingl
e Pr
emiu
m 1
31,9
94
- -
119
-
650
1
,263
9
4,97
0 3
,695
3
1,29
7
Add:
Com
mis
sion
on
Rein
sura
nce
Acce
pted
- -
- -
- -
- -
- -
Less
: Co
mm
issi
on o
n Re
insu
ranc
e Ce
ded
(37,
239)
(4,3
50)
(21)
(4,0
42)
(962
) -
(6,3
20)
(21,
429)
(115
) -
(Ref
er S
ched
ule
16 N
ote
16)
Net
Com
mis
sion
6,1
64,7
41
1,9
82,3
09
1,2
52
1,1
00,4
08
45,
770
650
1
89,3
83
2,5
48,7
14
167
,465
1
28,7
90
Brea
kup
of c
omm
issi
on e
xpen
ses (
Gro
ss) i
ncur
red
to p
rocu
re b
usin
ess i
s fur
nish
ed b
elow
(*)
Agen
ts 2
,800
,010
Brok
ers
46,
501
Corp
orat
e Ag
ency
2,9
08,2
27
Refe
rral
447
,242
Tota
l 6
,201
,980
Not
e : C
omm
issi
on o
f Firs
t Yea
r pre
miu
m in
clud
es re
ferr
al fe
es a
mou
ntin
g to
Rs.
447
,242
(Pre
viou
s yea
r Rs.
1,1
87,5
16)
* Inf
orm
atio
n ac
ross
line
of b
usin
ess h
as n
ot b
een
disc
lose
d as
info
rmat
ion
is n
ot re
adily
ava
ilabl
e.
Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Schedules forming part of financial statements for the year ended 31st March 2012
26
Sche
dule
- 3
: Ope
rati
ng E
xpen
ses
Rela
ted
To In
sura
nce
Busi
ness
(Ref
er S
ched
ule
16 N
ote
10)
Part
icul
ars
Cur
rent
Yea
r P
arti
cipa
ting
N
on P
arti
cipa
ting
L
inke
d
Indi
vidu
al
Ass
uran
ceIn
divi
dual
Pe
nsio
nIn
divi
dual
A
ssur
ance
Indi
vidu
al
Hea
lth
Indi
vidu
al
Ann
uity
Gro
up
Ass
uran
ceIn
divi
dual
A
ssur
ance
Indi
vidu
al
Pens
ion
Gro
up
Empl
oyee
s' re
mun
erat
ion,
wel
fare
ben
efits
and
ot
her m
anpo
wer
cos
ts 5
,936
,433
2
,406
,121
2
,686
1
47,1
91
11,
833
5,3
10
135
,334
2
,849
,195
2
63,7
49
115
,014
Trav
el, c
onve
yanc
e an
d ve
hicl
e ru
nnin
g ex
pens
es 1
55,9
87
63,
223
71
3,8
68
311
1
40
3,5
56
74,
866
6,9
30
3,0
22
Trai
ning
exp
ense
s 2
53,8
56
102
,892
1
15
6,2
94
506
2
27
5,7
87
121
,838
1
1,27
9 4
,918
Rent
s, ra
tes a
nd ta
xes
- S
ervi
ce ta
x bo
rne
by U
nit l
inke
d po
licy
hold
ers'
1,6
71,1
11
- -
- -
- -
1,5
80,0
55
48,
253
42,
803
- S
ervi
ce T
ax u
nutil
ised
cre
dits
pro
visi
on/w
rite
back
(6,
111)
(2,4
77)
(3)
(152
) (1
2) (5
) (1
39)
(2,9
33)
(272
) (1
18)
- S
ervi
ce T
ax E
xpen
ses
122
,716
5
4,83
0 6
1 3
,354
2
70
121
3
,084
5
2,36
5 6
,010
2
,621
- Re
nts &
Rat
es 4
42,9
15
179
,532
2
00
10,
982
883
3
96
10,
097
212
,567
1
9,67
7 8
,581
Repa
irs 1
04,2
72
42,
263
47
2,5
85
208
9
3 2
,377
5
0,04
6 4
,633
2
,020
Prin
ting
and
stat
ione
ry 1
28,7
86
52,
199
58
3,1
93
257
1
15
2,9
36
61,
811
5,7
22
2,4
95
Com
mun
icat
ion
expe
nses
674
,924
2
73,5
57
305
1
6,73
4 1
,345
6
04
15,
386
323
,931
2
9,98
6 1
3,07
6
Lega
l and
pro
fess
iona
l cha
rges
110
,864
4
4,93
5 5
0 2
,749
2
21
100
2
,527
5
3,20
9 4
,925
2
,148
Med
ical
fees
29,
646
12,
016
13
735
5
9 2
7 6
76
14,
229
1,3
17
574
Audi
tors
' fee
s, e
xpen
ses,
etc.
- -
- -
- -
- -
(a) a
s aud
itor
6,5
50
2,6
55
3
162
1
3 6
1
49
3,1
44
291
1
27
(b) a
s adv
iser
or i
n an
y ot
her c
apac
ity,in
resp
ect o
f
(i
) Tax
atio
n M
atte
rs -
- -
- -
- -
- -
-
(i
i) In
sura
nce
Mat
ters
- -
- -
- -
- -
- -
(i
ii) M
anag
emen
t Ser
vice
s; a
nd -
- -
- -
- -
- -
-
(c) i
n an
y ot
her c
apac
ity 4
00
162
-
10
1
- 9
1
92
18
8
(d) o
ut o
f poc
ket e
xpen
ses
340
1
38
- 8
1
-
8
163
1
5 7
Adve
rtis
emen
t and
pub
licity
674
,556
2
73,4
07
305
1
6,72
5 1
,345
6
03
15,
378
323
,754
2
9,97
0 1
3,06
9
Inte
rest
and
ban
k ch
arge
s 1
38,1
32
55,
987
63
3,4
25
275
1
24
3,1
49
66,
296
6,1
37
2,6
76
Oth
ers
a) I
nfor
mat
ion
tech
nolo
gy e
xpen
ses
572
,420
2
32,0
10
259
1
4,19
3 1
,141
5
12
13,
050
274
,733
2
5,43
2 1
1,09
0
b) I
nsur
ance
, wat
er a
nd e
lect
ricity
cha
rges
241
,654
9
7,94
6 1
09
5,9
92
482
2
16
5,5
09
115
,982
1
0,73
6 4
,682
c) P
olic
y st
amps
98,
834
40,
059
45
2,4
51
197
8
8 2
,253
4
7,43
5 4
,391
1
,915
d) S
ecur
ity a
nd h
ouse
keep
ing
302
,904
1
22,7
71
137
7
,510
6
04
271
6
,905
1
45,3
79
13,
458
5,8
69
e) M
arke
ting
expe
nses
and
Bus
ines
s de
velo
pmen
t exp
ense
s 1
,919
,777
7
78,1
13
869
4
7,60
0 3
,827
1
,717
4
3,76
5 9
21,3
98
85,
294
37,
194
f)
Mis
cella
neou
s exp
ense
s 1
69,9
70
120
,495
1
29
561
6
03
282
7
,180
2
4,55
6 9
,576
6
,588
Dep
reci
atio
n(R
efer
Sch
edul
e 10
) 3
11,8
20
126
,394
1
41
7,7
31
622
2
79
7,1
08
149
,651
1
3,85
3 6
,041
Tota
l 1
4,06
2,75
6 5
,079
,228
5
,663
3
03,9
01
24,
992
11,
226
286
,084
7
,463
,862
6
01,3
80
286
,420
(Am
ount
in R
s. ‘0
00)
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
27
Sche
dule
- 3
: Ope
rati
ng E
xpen
ses
Rela
ted
To In
sura
nce
Busi
ness
(Ref
er S
ched
ule
16 N
ote
10)
Part
icul
ars
Pre
viou
s Ye
ar
Par
tici
pati
ng
Non
Par
tici
pati
ng
Lin
ked
Indi
vidu
al
Ass
uran
ceIn
divi
dual
Pe
nsio
nIn
divi
dual
A
ssur
ance
Indi
vidu
al
Hea
lth
Indi
vidu
al
Ann
uity
Gro
up
Ass
uran
ceIn
divi
dual
A
ssur
ance
Indi
vidu
al
Pens
ion
Gro
up
Empl
oyee
s' re
mun
erat
ion,
wel
fare
ben
efits
and
ot
her m
anpo
wer
cos
ts 6
,438
,886
1
,378
,474
3
,347
7
11,5
69
10,
561
1,0
63
108
,704
3
,521
,938
4
33,8
97
269
,333
Trav
el, c
onve
yanc
e an
d ve
hicl
e ru
nnin
g ex
pens
es 1
77,9
62
38,
099
93
19,
667
292
2
9 3
,004
9
7,34
2 1
1,99
2 7
,444
Trai
ning
exp
ense
s 1
25,8
43
26,
941
65
13,
907
206
2
1 2
,125
6
8,83
4 8
,480
5
,264
Rent
s, ra
tes a
nd ta
xes
- S
ervi
ce ta
x bo
rne
by U
nit l
inke
d po
licy
hold
ers'
1,1
96,9
46
- -
- -
- -
1,1
44,6
87
39,
304
12,
955
- S
ervi
ce T
ax u
nutil
ised
cre
dits
pro
visi
on/w
rite
back
(13,
536)
(2,8
98)
(7)
(1,4
96)
(22)
(2)
(229
) (7
,404
) (9
12)
(566
)
- S
ervi
ce T
ax E
xpen
ses
(54,
006)
(11,
562)
(28)
(5,9
68)
(89)
(9)
(912
) (2
9,54
0) (3
,639
) (2
,259
)
- Re
nts &
Rat
es 4
96,9
70
106
,394
2
58
54,
921
815
8
2 8
,390
2
71,8
33
33,
489
20,
788
Repa
irs 8
4,13
3 1
8,01
2 4
4 9
,298
1
38
14
1,4
20
46,
019
5,6
69
3,5
19
Prin
ting
and
stat
ione
ry 1
80,5
43
38,
652
94
19,
952
296
3
0 3
,048
9
8,75
3 1
2,16
6 7
,552
Com
mun
icat
ion
expe
nses
1,8
69,1
42
400
,157
9
72
206
,561
3
,066
3
09
31,
556
1,0
22,3
81
125
,956
7
8,18
4
Lega
l and
pro
fess
iona
l cha
rges
109
,210
2
3,38
0 5
7 1
2,06
9 1
79
18
1,8
44
59,
736
7,3
59
4,5
68
Med
ical
fees
32,
384
6,9
33
17
3,5
79
53
5
547
1
7,71
3 2
,182
1
,355
Audi
tors
' fee
s, e
xpen
ses,
etc.
(a) a
s aud
itor
5,6
50
1,2
10
3
624
9
1
9
5 3
,091
3
81
236
(b) a
s adv
iser
or i
n an
y ot
her c
apac
ity,in
resp
ect o
f
(i
) Tax
atio
n M
atte
rs -
- -
- -
- -
- -
-
(i
i) In
sura
nce
Mat
ters
- -
- -
- -
- -
- -
(i
ii) M
anag
emen
t Ser
vice
s; a
nd -
- -
- -
- -
- -
-
(c) i
n an
y ot
her c
apac
ity 3
00
65
- 3
3 -
- 5
1
64
20
13
(d) o
ut o
f poc
ket e
xpen
ses
225
4
8 -
25
- -
4
124
1
5 9
Adve
rtis
emen
t and
pub
licity
775
,260
1
65,9
72
403
8
5,67
5 1
,272
1
28
13,
088
424
,051
5
2,24
3 3
2,42
8
Inte
rest
and
ban
k ch
arge
s 1
97,6
54
42,
315
103
2
1,84
3 3
24
33
3,3
37
108
,112
1
3,31
9 8
,268
Oth
ers
a) I
nfor
mat
ion
tech
nolo
gy e
xpen
ses
770
,270
1
64,9
04
400
8
5,12
4 1
,263
1
27
13,
004
421
,322
5
1,90
6 3
2,22
0
b) I
nsur
ance
, wat
er a
nd e
lect
ricity
cha
rges
248
,296
5
3,15
7 1
29
27,
439
407
4
1 4
,192
1
35,8
13
16,
732
10,
386
c) P
olic
y st
amps
116
,838
2
5,01
3 6
1 1
2,91
2 1
92
19
1,9
73
63,
908
7,8
73
4,8
87
d) S
ecur
ity a
nd h
ouse
keep
ing
322
,388
6
9,01
9 1
68
35,
627
529
5
3 5
,443
1
76,3
39
21,
725
13,
485
e) M
arke
ting
expe
nses
and
Bus
ines
s de
velo
pmen
t exp
ense
s 2
,231
,972
4
54,4
71
1,0
94
271
,459
6
,703
3
66
34,
657
1,2
25,1
74
152
,179
8
5,86
9
f) M
isce
llane
ous e
xpen
ses
295
,297
5
6,64
9 1
38
29,
242
434
4
4 4
,467
1
73,5
28
19,
295
11,
500
Dep
reci
atio
n(R
efer
Sch
edul
e 10
) 4
57,2
20
97,
884
238
5
0,52
8 7
50
75
7,7
19
250
,090
3
0,81
1 1
9,12
5
Tota
l 1
6,06
5,84
7 3
,153
,289
7
,649
1
,664
,590
2
7,37
8 2
,447
2
47,4
81
9,2
94,0
08
1,0
42,4
42
626
,563
(Am
ount
in R
s. ‘0
00)
Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Schedules forming part of financial statements for the year ended 31st March 2012
28
Sche
dule
- 4
: Be
nefit
s pa
id (
net)
Part
icul
ars
Cur
rent
Yea
r P
arti
cipa
ting
N
on P
arti
cipa
ting
L
inke
d
Indi
vidu
al
Ass
uran
ceIn
divi
dual
Pe
nsio
nIn
divi
dual
A
ssur
ance
Indi
vidu
al
Hea
lth
Indi
vidu
al
Ann
uity
Gro
up
Ass
uran
ceIn
divi
dual
A
ssur
ance
Indi
vidu
al
Pens
ion
Gro
up
Insu
ranc
e Cl
aim
s
(a)
Clai
ms b
y D
eath
5,3
23,9
91
626
,472
3
,916
3
27,5
19
4,7
15
4,8
40
1,5
80,5
36
2,6
43,5
01
86,
709
45,
783
(b)
Clai
ms b
y M
atur
ity 1
,703
,017
7
04,0
45
13,
165
2,7
39
- 2
2
,148
6
62,4
06
318
,407
1
05
(c)
Annu
ities
/Pen
sion
s pay
men
t 5
7,48
7 -
- -
- 2
2,39
7 3
5,09
0 -
- -
(d)
UL
With
draw
als/
Surr
ende
rs &
Oth
er
Bene
fits (
*) 4
8,16
2,41
9 1
50,5
02
6,3
88
(29,
798)
197
,337
3
1
,667
,030
3
9,65
1,96
0 2
,875
,633
3
,643
,364
(Am
ount
ced
ed in
rein
sura
nce)
:
(a)
Clai
ms b
y D
eath
(15
2,18
8) (5
3,49
4) -
(33,
022)
(425
) -
(1,1
31)
(63,
553)
- (5
63)
(b)
Clai
ms b
y M
atur
ity -
- -
- -
- -
- -
-
(c)
Annu
ities
/Pen
sion
s pay
men
t -
- -
- -
- -
- -
-
(d)
UL
With
draw
als/
Surr
ende
rs &
Oth
er
Bene
fits
(14
8,75
0) (2
,788
) -
- (7
7,27
4) -
(67,
938)
- -
(750
)
Am
ount
acc
epte
d in
rein
sura
nce
(a)
Cla
ims b
y D
eath
- -
- -
- -
- -
- -
(b)
Cla
ims b
y M
atur
ity -
- -
- -
- -
- -
-
(c)
Annu
ities
/Pen
sion
s pay
men
t, -
- -
- -
- -
- -
-
(d)
UL
With
draw
als/
Surr
ende
rs &
Oth
er
Bene
fits
- -
- -
- -
- -
- -
Tota
l 5
4,94
5,97
6 1
,424
,737
2
3,46
9 2
67,4
38
124
,353
2
7,24
2 3
,215
,735
4
2,89
4,31
4 3
,280
,749
3
,687
,939
Bene
fits p
aid
to c
laim
ants
:
In In
dia
54,
945,
976
1,4
24,7
37
23,
469
267
,438
1
24,3
53
27,
242
3,2
15,7
35
42,
894,
314
3,2
80,7
49
3,6
87,9
39
Out
side
Indi
a -
- -
- -
- -
- -
-
Tota
l 5
4,94
5,97
6 1
,424
,737
2
3,46
9 2
67,4
38
124
,353
2
7,24
2 3
,215
,735
4
2,89
4,31
4 3
,280
,749
3
,687
,939
* Sur
rend
ers a
re n
et o
f sur
rend
er c
harg
es o
f Rs.
4,9
32,4
45
(Am
ount
in R
s. ‘0
00)
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
29
Sche
dule
- 4
: Be
nefit
s pa
id (
net)
Part
icul
ars
Prev
ious
Yea
r P
arti
cipa
ting
N
on P
arti
cipa
ting
L
inke
d
Indi
vidu
al
Ass
uran
ceIn
divi
dual
Pe
nsio
nIn
divi
dual
A
ssur
ance
Indi
vidu
al
Hea
lth
Indi
vidu
al
Ann
uity
Gro
up
Ass
uran
ceIn
divi
dual
A
ssur
ance
Indi
vidu
al
Pens
ion
Gro
up
Insu
ranc
e Cl
aim
s
(a)
Clai
ms b
y D
eath
4,7
75,8
34
225
,268
1
,931
1
51,7
55
8,9
88
2,2
43
1,5
18,4
64
2,7
78,5
95
88,
590
-
(b)
Clai
ms b
y M
atur
ity 5
66,4
04
501
,308
1
2,94
8 3
64
- -
- 6
77
51,
107
-
(c)
Annu
ities
/Pen
sion
s pay
men
t 3
5,77
0 -
- -
- 1
5,21
8 2
0,55
2 -
- -
(d)
UL
With
draw
als/
Surr
ende
rs &
O
ther
Ben
efits
(*)
44,
640,
805
129
,613
4
,541
4
,834
1
57,3
04
- 6
09,2
00
40,
942,
301
2,0
65,4
13
727
,599
(Am
ount
ced
ed in
rein
sura
nce)
:
(a)
Clai
ms b
y D
eath
(61,
556)
(14,
834)
- (3
,615
) (1
,313
) -
5,9
00
(47,
694)
- -
(b)
Clai
ms b
y M
atur
ity -
- -
- -
- -
- -
-
(c)
Annu
ities
/Pen
sion
s pay
men
t -
- -
- -
- -
- -
-
(d)
UL
With
draw
als/
Surr
ende
rs &
O
ther
Ben
efits
(110
,574
) (5
,981
) -
- (7
8,25
1) -
(26,
340)
(2)
- -
Am
ount
acc
epte
d in
rein
sura
nce
(a)
Cla
ims b
y D
eath
- -
- -
- -
- -
- -
(b)
Cla
ims b
y M
atur
ity -
- -
- -
- -
- -
-
(c)
Annu
ities
/Pen
sion
s pay
men
t, -
- -
- -
- -
- -
-
(d)
UL
With
draw
als/
Surr
ende
rs &
O
ther
Ben
efits
- -
- -
- -
- -
- -
Tota
l 4
9,84
6,68
3 8
35,3
74
19,
420
153
,338
8
6,72
8 1
7,46
1 2
,127
,776
4
3,67
3,87
7 2
,205
,110
7
27,5
99
Bene
fits p
aid
to c
laim
ants
:
In In
dia
49,
846,
683
835
,374
1
9,42
0 1
53,3
38
86,
728
17,
461
2,1
27,7
76
43,
673,
877
2,2
05,1
10
727
,599
Out
side
Indi
a -
- -
- -
- -
- -
-
Tota
l 4
9,84
6,68
3 8
35,3
74
19,
420
153
,338
8
6,72
8 1
7,46
1 2
,127
,776
4
3,67
3,87
7 2
,205
,110
7
27,5
99
* Sur
rend
ers a
re n
et o
f sur
rend
er c
harg
es o
f Rs.
2,5
67,2
76
(Am
ount
in R
s. ‘0
00)
Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Schedules forming part of financial statements for the year ended 31st March 2012
30
Schedule - 5:Share Capital
Schedule - 5A:Pattern of Shareholding (As Certified by Management)
(Amount in Rs. ‘000)
Particulars Current Year Previous Year
Authorised Capital
200,000,000 Equity Shares of Rs. 10/- Each 2,000,000 2,000,000
Issued , Subscribed, Called and Paid up Capital 1,507,090 1,507,090
Equity Shares of Rs. 10/- Each
150,709,000 (Previous Year 150,709,000) Equity Shares of Rs.10/- Each
Less: Preliminary Expenses (to the extent not written off) - -
Total 1,507,090 1,507,090
Shareholder Current Year Previous Year
Number of Shares % of Holding Number of Shares % of Holding
PROMOTERS:
Indian
Bajaj Finserv Limited 111,524,660 74 111,524,660 74
Foreign
Allianz SE 39,184,340 26 39,184,340 26
TOTAL 150,709,000 100 150,709,000 100
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Schedule - 6: Reserves and Surplus
Schedule - 7: Borrowings
(Amount in Rs. ‘000)
(Amount in Rs. ‘000)
Particulars Current Year Previous Year
Capital Reserve - -
Capital Redemption Reserve - -
Share Premium 10,599,550 10,599,550
Revaluation Reseve - -
General Reserve - -
Catastrophe Reserve - -
Other Reserve - -
Balance of Profit & Loss Account 23,499,431 10,387,412
Total 34,098,981 20,986,962
Particulars Current Year Previous Year
Debentures/Bonds - -
Banks - -
Financial Institutions - -
Others - -
Total - -
Annual Report 2011-2012
31
Bajaj Allianz Life Insurance Company Ltd. I Schedules forming part of financial statements for the year ended 31st March 2012
32
Schedule - 8:Investments - Shareholders’
(Amount in Rs. ‘000)
Particulars Current Year Previous Year
LONG TERM INVESTMENTS
Government securities and Government guaranteed bonds including Treasury Bills (Refer Note 1 below) 15,446,018 8,658,947
Other Approved Securities
(a) Shares
(aa) Equity - -
(bb) Preference - -
(b) Mutual Funds - -
(c) Derivative Instruments - -
(d) Debentures / Bonds 4,531,553 3,741,944
(e) Other Securities
(aa) Fixed Deposit with banks 3,857,000 2,899,500
(f) Subsidiaries - -
(g) Investment Properties - Real Estate - -
Investments in Infrastructure & Social Sector 8,686,365 5,332,750
Other Investments 12,500 -
SHORT TERM INVESTMENTS
Government securities and Government guaranteed bonds including Treasury Bills 97,572 953,072
Other Approved Securities
(a) Shares
(aa) Equity - -
(bb) Preference - -
(b) Mutual Funds - 18,305
(c) Derivative Instrument - -
(d) Debentures / Bonds 1,451,208 600,553
(e) Other Securities
(aa) Fixed Deposit with banks 1,500,000 823,900
(f) Subsidiaries - -
(g) Investment Properties - Real Estate - -
Investments in Infrastructure & Social Sector 423,338 491,849
Other Investments
-Bonds - -
-Mutual Funds - -
Total 36,005,554 23,520,820
INVESTMENTS
In India 36,005,554 23,520,820
Outside India - -
Total 36,005,554 23,520,820
Notes :
1. Includes Rs. 156,873 (Previous Year Rs. 157,007) deposited with Deutsche Bank AG, pursuant to Section 7 of the Insurance Act 1938 (Refer Schedule 16 Note 6)
2. Market Value of the above total investments of Rs. 3,60,05,554 (Previous Year Rs. 23,520,820) is Rs. 3,55,76,710 (Previous Year Rs. 23,293,413)
3. Historical cost of investment valued on fair value basis is Rs. Nil (Previous Year Rs. 18,300)
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
33
Schedule - 8A: Investments - Policyholders’
Particulars Current Year Participating Non Participating Linked
Individual Assurance
Individual Pension
Individual Assurance
Individual Health
Individual Annuity
Group Assurance
Individual Assurance
Individual Pension
Group
LONG TERM INVESTMENTS
Government securities and Government guaranteed bonds including Treasury Bills
31,677,867 20,887,692 314,959 2,514,018 34,390 249,464 5,336,662 2,232,959 98,706 9,017
Other Approved Securities
(a) Shares
(aa) Equity 111,441 111,441 - - - - - - - -
(bb) Preference - - - - - - - - - -
(b) Mutual funds - - - - - - - - - -
(c) Derivative Instruments - - - - - - - - - -
(d) Debentures / Bonds 5,560,694 1,952,696 10,000 707,655 - 644 2,152,207 693,792 37,500 6,200
(e) Other Securities
(aa) Fixed Deposits with Banks
3,499,500 2,533,500 89,700 289,100 - 89,700 497,500 - - -
(f) Subsidiaries - - - - - - - - - -
(g) Investment Properties - Real Estate
- - - - - - - - - -
Investments in Infrastructure & Social Sector Bonds
10,592,499 4,354,013 82,281 1,102,453 - 103,477 3,847,879 1,083,826 16,973 1,597
Other investments
-Bonds 1,181,406 930,880 - 250,526 - - - - - -
-Equity 18,037 18,037 - - - - - - - -
SHORT TERM INVESTMENTS
Government securities and Government guaranteed bonds including Treasury Bills
1,358,682 - - - - - 358,570 1,000,112 - -
Other Approved Securities
(a) Shares
(aa) Equity - - - - - - - - - -
(bb) Preference - - - - - - - - - -
(b) Mutual Funds - - - - - - - - - -
(c) Derivative Instruments - - - - - - - - - -
(d) Debentures / Bonds 3,939,012 2,201,550 20,788 405,189 148,514 49,121 322,290 761,620 29,940 -
(e) Other Securities
(aa) Fixed Deposits with Banks
- - - - - - - - - -
(f) Subsidiaries - - - - - - - - - -
(g) Investment Properties - Real Estate
- - - - - - - - - -
Investments in Infrastructure & Social Sector Bonds
390,242 81,511 4,100 - - 350 143,982 160,299 - -
Other investments - - - - - - - - - -
Total 58,329,380 33,071,320 521,828 5,268,941 182,904 492,756 12,659,090 5,932,608 183,119 16,814
In India 58,329,380 33,071,320 521,828 5,268,941 182,904 492,756 12,659,090 5,932,608 183,119 16,814
Outside India - - - - - - - - - -
Total 58,329,380 33,071,320 521,828 5,268,941 182,904 492,756 12,659,090 5,932,608 183,119 16,814
Note:
1. Market Value of the above total investments of Rs. 5,83,29,380 (Previous year Rs. 40,937,239) is Rs. 5,76,68,283 (Previous year Rs. 40,866,509)
2. Historical cost of investment valued on fair value basis is Rs. 73,631 (Previous year Rs. 73,631)
(Amount in Rs. ‘000)
Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Schedules forming part of financial statements for the year ended 31st March 2012
Schedule - 8A: Investments - Policyholders’
Particulars Previous Year Participating Non Participating Linked
Individual Assurance
Individual Pension
Individual Assurance
Individual Health
Individual Annuity
Group Assurance
Individual Assurance
Individual Pension
Group
LONG TERM INVESTMENTS
Government securities and Government guaranteed bonds including Treasury Bills
23,530,825 15,126,108 301,652 1,233,536 35,162 211,543 3,263,414 3,248,988 101,129 9,293
Other Approved Securities
(a) Shares
(aa) Equity 87,952 87,952 - - - - - - - -
(bb) Preference - - - - - - - - - -
(b) Mutual funds - - - - - - - - - -
(c) Derivative Instruments - - - - - - - - - -
(d) Debentures / Bonds 4,671,637 1,452,223 10,000 259,895 - 643 1,688,201 1,187,071 67,404 6,200
(e) Other Securities
(aa) Fixed Deposits with Banks
2,516,500 1,840,500 79,700 239,100 - 59,700 297,500 - - -
(f) Subsidiaries - - - - - - - - - -
(g) Investment Properties - Real Estate
- - - - - - - - - -
Investments in Infrastructure & Social Sector Bonds
5,391,910 2,159,811 68,411 399,056 - 17,821 1,492,837 1,253,974 - -
Other investments
-Bonds 535,260 433,469 - 101,791 - - - - - -
-Equity 23,223 23,223 - - - - - - - -
SHORT TERM INVESTMENTS
Government securities and Government guaranteed bonds including Treasury Bills
349,154 103,031 - - - - 124,663 121,460 - -
Other Approved Securities
(a) Shares
(aa) Equity - - - - - - - - - -
(bb) Preference - - - - - - - - - -
(b) Mutual Funds - - - - - - - - - -
(c) Derivative Instruments - - - - - - - - - -
(d) Debentures / Bonds 2,340,442 709,180 193 314,030 128,265 17,547 706,838 384,035 77,356 2,998
(e) Other Securities
(aa) Fixed Deposits with Banks
462,000 300,000 4,000 - - - - 158,000 - -
(f) Subsidiaries - - - - - - - - - -
(g) Investment Properties - Real Estate
- - - - - - - - - -
Investments in Infrastructure & Social Sector Bonds
1,028,336 160,201 - - - - 115,882 733,811 18,442 -
Other investments - - - - - - - - - -
Total 40,937,239 22,395,698 463,956 2,547,408 163,427 307,254 7,689,335 7,087,339 264,331 18,491
In India 40,937,239 22,395,698 463,956 2,547,408 163,427 307,254 7,689,335 7,087,339 264,331 18,491
Outside India - - - - - - - - - -
Total 40,937,239 22,395,698 463,956 2,547,408 163,427 307,254 7,689,335 7,087,339 264,331 18,491
Note:
1. Market Value of the above total investments of Rs..40,937,239 (Previous year Rs. 34,622,327) is Rs.40,866,509 (Previous year Rs. 35,049,983)
2. Historical cost of investment valued on fair value basis is Rs 73,631 (Previous year Rs. 73,631)
(Amount in Rs. ‘000)
34
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Annual Report 2011-2012
35
Schedule - 8B:Assets Held to Cover Linked Liabilities
(Amount in Rs. ‘000)
Particulars Current Year Previous Year
LONG TERM INVESTMENTS
Government securities and Government guaranteed bonds including Treasury Bills 4,214,236 2,004,131
Other Approved Securities
(a) Shares
(aa) Equity 208,340,650 222,366,564
(bb) Preference - -
(b) Mutual Funds - -
(c) Derivative Instruments - -
(d) Debentures / Bonds 7,324,642 8,113,260
(e) Other Securities
(aa) Fixed Deposit with Banks 5,883,200 7,117,500
(f) Subsidiaries - -
(g) Investment Properties - Real Estate - -
Investments in Infrastructure and Social Sector 16,793,352 15,893,394
Other Investments 16,750,828 24,583,590
SHORT TERM INVESTMENTS
Government securities and Government guaranteed bonds including Treasury Bills 991,457 1,710,929
Other Approved Securities
(a) Shares
(aa) Equity - -
(bb) Preference - -
(b) Mutual Funds - -
(c) Derivative Instrument - -
(d) Debentures / Bonds 28,169,046 37,066,699
(e) Other Securities
(aa) Fixed Deposit with Banks 3,600,000 2,553,200
(bb) Collatereralised Borrowing and Lending Obligation 229,789 -
(f) Subsidiaries - -
(g) Investment Properties - Real Estate - -
Investments in Infrastructure and Social Sector 2,296,635 2,773,264
Other Investments - 165,000
Net Current Assets 5,244,426 4,494,174
Total 299,838,261 328,841,705
INVESTMENTS
In India 299,838,261 328,841,705
Outside India - -
Total 299,838,261 328,841,705
(Refer Schedule 16 Note 24)Historical Cost of above investments is Rs. 277,000,156 ( Previous Year Rs. 285,074,847)
Bajaj Allianz Life Insurance Company Ltd. I Schedules forming part of financial statements for the year ended 31st March 2012
36
Schedule - 9: Loans
(Amount in Rs. ‘000)
Particulars Current Year Previous Year
SECURITY-WISE CLASSIFICATION
Secured
(a) On mortgage of property
(aa) In India - -
(bb) Outside India - -
(b) On Shares, Bonds, Goverment Securities etc. - -
(c) Loan against policies 170,660 147,078
Total 170,660 147,078
BORROWER-WISE CLASSIFICATION
(a) Central and State Government - -
(b) Bank and Financial Institutions - -
(c) Subsidiaries - -
(d) Companies - -
(e) Loan against policies 170,660 147,078
Total 170,660 147,078
PERFORMANCE-WISE CLASSIFICATION
(a) Loans classified as standard :
(aa) In India 170,660 147,078
(bb) Outside India - -
Total 170,660 147,078
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Annual Report 2011-2012
37
Sche
dule
- 10
:Fix
ed A
sset
s
Part
icul
ars
GRO
SS B
LOCK
DEP
RECI
ATI
ON
NET
BLO
CK
Ope
ning
Addi
tions
Ded
uctio
nsCl
osin
gU
pto
last
Yea
rFo
r the
Yea
rO
n Sa
les/
Adju
stm
ents
To d
ate
Cur
rent
Yea
r P
revi
ous Y
ear
Inta
ngib
le -C
ompu
ter S
oftw
are
79,
731
24,
178
- 1
03,9
09
69,
343
9,8
28
- 7
9,17
1 2
4,73
8 1
0,38
8
Leas
ehol
d Im
prov
emen
ts 5
89,1
11
7,8
17
22,
799
574
,129
5
35,9
49
39,
786
22,
663
553
,072
2
1,05
7 5
3,16
2
Build
ings
(Ref
er n
ote
2 be
low
) 1
,083
,028
7
67,2
36
- 1
,850
,264
5
1,79
2 3
0,72
4 -
82,
516
1,7
67,7
48
1,0
31,2
36
Elec
tric
al F
ittin
gs 1
1,01
7 1
0,97
9 -
21,
996
3,1
06
1,4
09
- 4
,515
1
7,48
1 7
,911
Furn
iture
& F
ittin
gs 1
58,8
29
52,
179
1,5
38
209
,470
6
7,96
6 1
4,76
8 4
77
82,
257
127
,213
9
0,86
3
Info
rmat
ion
Tech
nolo
gy E
quip
men
t 1
,435
,528
8
4,50
0 6
,954
1
,513
,074
1
,221
,683
1
69,5
04
6,9
09
1,3
84,2
78
128
,796
2
13,8
45
Air C
ondi
tione
r 1
62,3
09
10,
952
6,5
17
166
,744
6
9,98
2 1
6,26
9 2
,373
8
3,87
8 8
2,86
6 9
2,32
7
Vehi
cles
18,
691
4,6
80
5,6
19
17,
752
5,4
13
4,0
56
3,7
67
5,7
02
12,
050
13,
278
Offi
ce E
quip
men
t 1
89,3
21
8,7
83
1,6
64
196
,440
1
42,6
38
25,
476
1,2
79
166
,835
2
9,60
5 4
6,68
3
Tota
l 3
,727
,565
9
71,3
04
45,
091
4,6
53,7
78
2,1
67,8
72
311
,820
3
7,46
8 2
,442
,224
2
,211
,554
1
,559
,693
Prev
ious
Yea
r 3
,244
,726
5
10,9
66
28,
127
3,7
27,5
65
1,7
32,1
78
457
,220
2
1,52
6 2
,167
,872
1
,559
,693
-
Not
e :
1. R
efer
Not
e no
1 (h
) of S
ched
ule
16.
2. G
ross
Blo
ck o
f bui
ldin
gs in
clud
es sh
are
of u
ndiv
ided
por
tion
of la
nd a
t an
estim
ated
cos
t of R
s. 1
9,03
9 (P
revi
ous Y
ear R
s. 1
9,03
9).
(Am
ount
in R
s. ‘0
00)
Bajaj Allianz Life Insurance Company Ltd. I Schedules forming part of financial statements for the year ended 31st March 2012
38
Schedule - 11: Cash and Bank Balances
(Amount in Rs. ‘000)
Particulars Current Year Previous Year
1. Cash (including cheques, drafts and stamps) 3,071,232 2,567,288
2. Bank Balances
(a) Deposit Accounts
(aa) Short-term (due within 12 months of the date of Balance Sheet ) 107,000 -
(bb) Others 271 97,278
(b) Current Accounts 1,203,893 1,720,532
(c) Others - -
3. Money at Call and Short Notice
(a) With Banks - -
(b) With Other Institutions - -
4 .Others - -
Total 4,382,396 4,385,098
Balances with non-scheduled banks included in 2 and 3 above
Cash and Bank Balances
1. In India 4,382,396 4,385,098
2. Outside India - -
Total 4,382,396 4,385,098
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Annual Report 2011-2012
39
Schedule - 12: Advances and Other Assets
(Amount in Rs. ‘000)
Particulars Current Year Previous Year
ADVANCES
Reserve deposits with ceding companies - -
Application money for investments - -
Prepayments 121,715 88,572
Advances to Directors/Officers - -
Advance Tax paid and taxes deducted at source - -
Others :
Advances to Suppliers 198,064 238,765
Other Advances 1,867 1,444
Total (A) 321,646 328,781
OTHER ASSETS
Income accrued on investments 2,948,284 1,569,322
Outstanding Premiums 1,659,867 1,084,390
Agents' Balances - -
Foreign Agencies Balance - -
Due from other entities carrying on insurance business (Including amount due from Reinsurers) 56,459 22,069
Due from subsidiaries/holding company - -
Deposit with Reserve Bank of India [pursuant to section 7 of Insurance Act,1938] - -
Deposits 231,824 239,682
Others :
Unsettled Investment contract receivable - 495,360
Others 146,512 92,853
Total (B) 5,042,946 3,503,676
Total (A+B) 5,364,592 3,832,457
Bajaj Allianz Life Insurance Company Ltd. I Schedules forming part of financial statements for the year ended 31st March 2012
40
Schedule - 13: Current Liabilities
Schedule - 14: Provisions
Schedule - 15: Miscellaneous Expenditure (To the extent not written-off or adjusted)
(Amount in Rs. ‘000)
(Amount in Rs. ‘000)
(Amount in Rs. ‘000)
Particulars Current Year Previous Year
Agents' Balances 2,795,362 3,414,331
Balances due to other insurance companies 27,404 65,731
Deposits held on reinsurance ceded - -
Premium received in advance 220,670 174,249
Premium & Other Deposits 728,867 1,097,160
Sundry Creditors 3,604,724 3,282,332
Due to Subsidaries/holding company - -
Claims Outstanding 632,591 464,758
Annuities Due - -
Due to Officers/Directors of the Company - -
Unclaimed Amount-Policyholders [Refer Schedule 16 Note 9 (b)] 1,681,654 1,001,337
Others :
Payable - unsettled investment contracts 491,120 -
Temporary Overdraft as per the books of accounts 472,462 1,017
Total 10,654,854 9,500,915
Particulars Current Year Previous Year
Discount allowed on issue of shares/debentures - -
Others - -
Total - -
Particulars Current Year Current Year Previous Year Previous Year
For Taxation (Less Payments and Taxes deducted at Sources)
Wealth Tax 120 115
Income Tax 1,052,214 1,052,334 585,443 585,558
For Proposed dividends - -
For dividend distribution tax - -
Others:
For Leave Encashment 243,762 272,601
For Long Term Incentive Plan 72,731 316,493 210,030 482,631
Total 1,368,827 1,068,189
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Annual Report 2011-2012
41
Particulars Schedule Linked Life Linked Pension Linked Group Current Year
Non-Unit (1)
Unit (2)
Total(3) =
(1) + (2)
Non-Unit (4)
Unit (5) Total(6) =
(4) + (5)
Non-Unit (7)
Unit (8)
Total(9) =
(7) + (8)(10) = (3)
+ (6) + (9)
PREMIUMS EARNED – NET
(A) Premium UL1 1,176,800 35,890,514 37,067,314 (4,434) 2,869,243 2,864,809 200,156 2,801,792 3,001,948 42,934,071
(B) Reinsurance ceded(Refer Schedule 16 Note 16)
(180,297) - (180,297) (751) - (751) (2,320) - (2,320) (183,368)
SUB-TOTAL 996,503 35,890,514 36,887,017 (5,185) 2,869,243 2,864,058 197,836 2,801,792 2,999,628 42,750,703
INCOME FROM INVESTMENTS
(a) Interest, dividend & rent - gross
504,302 6,287,820 6,792,122 19,381 478,976 498,357 1,575 365,297 366,872 7,657,351
(b) Profit on sale/redemption of investments
144 13,466,798 13,466,942 - 769,654 769,654 - 225,865 225,865 14,462,461
(c) Loss on sale/redemption of investments
(2,722) (6,238,549) (6,241,271) (308) (524,958) (525,266) - (199,786) (199,786) (6,966,323)
(d) Unrealised gain/(loss) - (19,652,057) (19,652,057) - (1,003,974) (1,003,974) - (272,722) (272,722) (20,928,753)
(e) Other investment income - 1,751,592 1,751,592 - 121,334 121,334 - 109,859 109,859 1,982,785
501,724 (4,384,396) (3,882,672) 19,073 (158,968) (139,895) 1,575 228,513 230,088 (3,792,479)
OTHER INCOME:
(a) Linked income 14,562,584 (14,562,584) - 379,102 (379,102) - 207,839 (207,839) - -
(b) Contribution from Shareholders' account(Refer Schedule 16 Note 15)
- - - - - - - - - -
(c) Others 9,998 - 9,998 500 - 500 6,816 - 6,816 17,314
Total (A) 16,070,809 16,943,534 33,014,343 393,490 2,331,173 2,724,663 414,066 2,822,466 3,236,532 38,975,538
COMMISSION 266,902 - 266,902 22,090 - 22,090 56,036 - 56,036 345,028
OPERATING EXPENSES RELATED TO INSURANCE BUSINESS
5,883,807 1,580,055 7,463,862 553,127 48,253 601,380 243,617 42,803 286,420 8,351,662
Provision for Income Tax 1,691,740 - 1,691,740 - - - 11,952 - 11,952 1,703,692
TOTAL (B) UL2 7,842,449 1,580,055 9,422,504 575,217 48,253 623,470 311,605 42,803 354,408 10,400,382
BENEFITS PAID (NET) 635,008 42,259,306 42,894,314 (231,094) 3,511,843 3,280,749 29,582 3,658,357 3,687,939 49,863,002
Interim Bonus Paid - - - - - - -
Change In Valuation of Liability In Respect Of Life Policies(Refer Schedule 16 Note 1(e) and note 8 and note 26)
(1,188,776) - (1,188,776) (142,129) - (142,129) (3,580) - (3,580) (1,334,485)
Change In Valuation Liability(Refer Schedule 16 Note 1(e) and note 8)
- (26,895,827) (26,895,827) - (1,228,923) (1,228,923) - (878,694) (878,694) (29,003,444)
TOTAL (C) (553,768) 15,363,479 14,809,711 (373,223) 2,282,920 1,909,697 26,002 2,779,663 2,805,665 19,525,073
Surplus / (Deficit) (D) = (A)-(B)-(C)
8,782,128 - 8,782,128 191,496 - 191,496 76,459 - 76,459 9,050,083
Balance of previous year (E) - - - - - - - - - -
APPROPRIATIONS
Reserve for lapsed unit linked policies unlikely to be revived (E)
897,353 - 897,353 - - - - - 897,353
Transfer To Shareholders' a/c (9,679,481) - (9,679,481) (191,496) - (191,496) (76,459) - (76,459) (9,947,436)
Balance being funds for future appropriations (D) - (E)
- - - - - - - - - -
Annexure to Revenue Account-Break Up of Unit Linked Business (UL) for the year ended 31st March 2012Form A- PL
Policyholders’ Account (Technical Account)(Amount in Rs. ‘000)
Bajaj Allianz Life Insurance Company Ltd. I Revenue Account for the year ended 31st March 2012
Annexure to Revenue Account-Break Up of Unit Linked Business (UL) for the year ended 31st March 2012 Form A- PL
Policyholders’ Account (Technical Account)
Particulars Schedule Linked Life Linked Pension Linked Group Previous Year
Non-Unit (1)
Non-Unit (2)
Total(3) =
(1) + (2)
Non-Unit (4)
Non-Unit (5)
Total(6) =
(4) + (5)
Non-Unit (7)
Non-Unit (8)
Total(9) =
(7) + (8)(10) = (3)
+ (6) + (9)
PREMIUMS EARNED – NET
(A) Premium UL1 1,119,225 62,666,935 63,786,160 208,591 5,068,510 5,277,101 800,913 4,002,359 4,803,272 73,866,533
(B) Reinsurance ceded(Refer Schedule 16 Note 16)
(151,083) - (151,083) (603) - (603) (1,275) - (1,275) (152,961)
SUB-TOTAL 968,142 62,666,935 63,635,077 207,988 5,068,510 5,276,498 799,638 4,002,359 4,801,997 73,713,572
INCOME FROM INVESTMENTS
(a) Interest, dividend & rent - gross
741,426 5,704,367 6,445,793 35,589 378,666 414,255 2,538 333,698 336,236 7,196,284
(b) Profit on sale/redemption of investments
52,093 30,297,790 30,349,883 1,049 1,631,295 1,632,344 115 194,182 194,297 32,176,524
(c) Loss on sale/redemption of investments
(22,236) (3,388,067) (3,410,303) (3) (260,351) (260,354) (15) (126,851) (126,866) (3,797,523)
(d) Unrealised gain/(loss) - (1,712,363) (1,712,363) - 191,737 191,737 - 115,361 115,361 (1,405,265)
(e) Other investment income - 2,528,991 2,528,991 - 152,722 152,722 - 68,835 68,835 2,750,548
771,283 33,430,718 34,202,001 36,635 2,094,069 2,130,704 2,638 585,225 587,863 36,920,568
OTHER INCOME:
(a) Linked income UL2 15,888,187 (15,888,187) - 391,553 (391,553) - 99,391 (99,391) - -
(b) Contribution from Shareholders' account(Refer Schedule 16 Note 15)
- - - 304,846 - 304,846 - - - 304,846
(c) Others 11,083 - 11,083 4,617 - 4,617 1,166 - 1,166 16,866
Total (A) 17,638,695 80,209,466 97,848,161 945,639 6,771,026 7,716,665 902,833 4,488,193 5,391,026 110,955,852
COMMISSION 2,548,714 - 2,548,714 167,465 - 167,465 128,790 - 128,790 2,844,969
OPERATING EXPENSES RELATED TO INSURANCE BUSINESS
8,149,321 1,144,687 9,294,008 1,003,138 39,304 1,042,442 613,608 12,955 626,563 10,963,013
Provision for Income Tax 1,741,671 - 1,741,671 - - - 21,551 - 21,551 1,763,222
TOTAL (B) 12,439,706 1,144,687 13,584,393 1,170,603 39,304 1,209,907 763,949 12,955 776,904 15,571,204
BENEFITS PAID (NET) 1,077,429 42,596,448 43,673,877 (47,031) 2,252,141 2,205,110 - 727,599 727,599 46,606,586
Interim Bonus Paid - - - - - - -
Change In Valuation of Liability In Respect Of Life Policies(Refer Schedule 16 Note 1(e) and note 8 and note 26)
(3,143,749) - (3,143,749) (177,933) - (177,933) 5,648 - 5,648 (3,316,034)
Change In Valuation Liability(Refer Schedule 16 Note 1(e) and note 8)
- 36,468,331 36,468,331 - 4,479,581 4,479,581 - 3,747,639 3,747,639 44,695,551
TOTAL (C) (2,066,320) 79,064,779 76,998,459 (224,964) 6,731,722 6,506,758 5,648 4,475,238 4,480,886 87,986,103
Surplus / (Deficit) (D) = (A)-(B)-(C)
7,265,309 - 7,265,309 - - - 133,236 - 133,236 7,398,545
Balance of previous year (E) - - - - - - - - - -
APPROPRIATIONS
Reserve for lapsed unit linked policies unlikely to be revived (E)
1,105,581 - 1,105,581 - - - - - - 1,105,581
Transfer To Shareholders' a/c (8,370,890) - (8,370,890) - - - (133,236) - (133,236) (8,504,126)
Balance being funds for future appropriations (D) - (E)
- - - - - - - - - -
42
(Amount in Rs. ‘000)
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Annual Report 2011-2012
43
Annexure to Revenue Account-Break Up of Unit Linked Business (UL) for the year ended 31st March 2012
Form A- BS
Schedule - UL1: Linked Income (recovered from linked funds) (net of service tax)
Annexure to Revenue Account-Break Up of Unit Linked Business (UL) for the year ended 31st March 2012
Form A- BS
Schedule - UL1: Linked Income (recovered from linked funds) (net of service tax)
(Amount in Rs. ‘000)
(Amount in Rs. ‘000)
ParticularsLife Linked Unit
(1)Pension Linked Unit
(2)Linked Group Unit
(3)Current Year
(4)= (1)+(2)+(3)
Fund Administration charge 176,431 - - 176,431
Fund Management charge 3,946,429 227,066 93,106 4,266,601
Policy Administration charge 7,123,556 136,860 17,669 7,278,085
Surrender charge - - - -
Switching charge 2,019 337 - 2,356
Mortality charge 2,885,170 13,827 96,127 2,995,124
Rider Premium charge 428,979 1,012 937 430,928
Partial withdrawal charge - - - -
Miscellaneous charge - - - -
TOTAL (UL-1) 14,562,584 379,102 207,839 15,149,525
ParticularsLife Linked Unit
(1)Pension Linked Unit
(2)Linked Group Unit
(3)Previous Year
(4)= (1)+(2)+(3)
Fund Administration charges 219,430 - - 219,430
Fund Management charge 4,122,023 220,741 65,138 4,407,902
Policy Administration charge 7,947,302 154,417 6,172 8,107,891
Surrender charge - - - -
Switching charge 2,407 1,223 - 3,630
Mortality charge 3,112,494 14,032 27,522 3,154,048
Rider Premium charge 484,531 1,140 559 486,230
Partial withdrawal charge - - - -
Miscellaneous charge - - - -
TOTAL (UL-1) 15,888,187 391,553 99,391 16,379,131
Bajaj Allianz Life Insurance Company Ltd. I Revenue Account for the year ended 31st March 2012
44
Ann
exur
e to
Rev
enue
Acc
ount
-Bre
ak U
p of
Uni
t Lin
ked
Busi
ness
(UL)
for t
he y
ear e
nded
31s
t Mar
ch 2
012
Sche
dule
- U
L2: B
ENEF
ITS
PAID
(ne
t)
Sl. N
o.Pa
rtic
ular
s L
inke
d Li
fe
Lin
ked
Pens
ion
Lin
ked
Gro
up
Curr
ent Y
ear
Non
-Uni
t (1
) U
nit
(2)
Tota
l(3
)=(1
) + (2
) N
on-U
nit
(4)
Uni
t (5
)To
tal
(6)=
(4) +
(5)
Non
-Uni
t (7
)U
nit
(8)
Tota
l (9
) = (7
) + (8
)(1
0) =
(3)+
(6) +
(9)
1In
sura
nce
Clai
ms
(a)
Clai
ms b
y D
eath
2
,057
,194
5
86,3
07
2,6
43,5
01
16,
032
70,
677
86,
709
40,
864
4,9
19
45,
783
2,7
75,9
93
(b)
Clai
ms b
y M
atur
ity -
662
,406
6
62,4
06
- 3
18,4
07
318
,407
-
105
1
05
980
,918
(c)
Annu
ities
/ Pe
nsio
n pa
ymen
t -
- -
- -
- -
- -
-
(d)
Oth
er b
enef
its
- S
urre
nder
(*)
(1,3
58,6
33)
41,
010,
593
39,
651,
960
(247
,126
) 3
,122
,759
2
,875
,633
(9
,969
) 3
,653
,333
3
,643
,364
4
6,17
0,95
7
- S
urvi
val
-
Sub
Tota
l (A
) 6
98,5
61
42,
259,
306
42,
957,
867
(23
1,09
4) 3
,511
,843
3
,280
,749
3
0,89
5 3
,658
,357
3
,689
,252
4
9,92
7,86
8
2Am
ount
ced
ed in
rein
sura
nce
(a)
Clai
ms b
y D
eath
(6
3,55
3) -
(63,
553)
- -
- (5
63)
- (5
63)
(64
,116
)
(b)
Clai
ms b
y M
atur
ity -
- -
- -
- -
- -
-
(c)
Annu
ities
/ Pe
nsio
n pa
ymen
t -
- -
- -
- -
- -
-
(d)
Oth
er b
enef
its
- S
urre
nder
- -
- -
- -
(750
) -
(750
) (
750)
- S
urvi
val
-
Sub
Tota
l (B)
(63
,553
) -
(63
,553
) -
- -
(1,
313)
- (
1,31
3) (
64,8
66)
635
,008
4
2,25
9,30
6 4
2,89
4,31
4 (2
31,0
94)
3,5
11,8
43
3,2
80,7
49
29,
582
3,6
58,3
57
3,6
87,9
39
49,
863,
002
Bene
fits p
aid
to c
laim
ants
:
In In
dia
635
,008
4
2,25
9,30
6 4
2,89
4,31
4 (2
31,0
94)
3,5
11,8
43
3,2
80,7
49
29,
582
3,6
58,3
57
3,6
87,9
39
49,
863,
002
Out
side
Indi
a -
- -
- -
- -
- -
-
TOTA
L (U
L2)
635
,008
4
2,25
9,30
6 4
2,89
4,31
4 (
231,
094)
3,5
11,8
43
3,2
80,7
49
29,
582
3,6
58,3
57
3,6
87,9
39
49,
863,
002
* Sur
rend
ers a
re n
et o
f sur
rend
er c
harg
es o
f Rs.
4,9
32,4
45
(Am
ount
in R
s. ‘0
00)
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Annual Report 2011-2012
45
Ann
exur
e to
Rev
enue
Acc
ount
-Bre
ak U
p of
Uni
t Lin
ked
Busi
ness
(UL)
for t
he y
ear e
nded
31s
t Mar
ch 2
012
Sche
dule
- U
L2: B
ENEF
ITS
PAID
(ne
t)
Sl. N
o.Pa
rtic
ular
s L
inke
d Li
fe
Lin
ked
Pens
ion
Lin
ked
Gro
up
Prev
ious
Yea
r
Non
-Uni
t (1
) N
on-U
nit
(2)
Tota
l(3
)=(1
) +
(2)
Non
-Uni
t (4
)N
on-U
nit
(5)
Tota
l (6
)=(4
) +
(5)
Non
-Uni
t (7
) N
on-U
nit
(8)
Tota
l (9
) =
(7)
+ (
8)(1
0) =
(3)
+ (
6) +
(9)
1In
sura
nce
Clai
ms
(a)
Clai
ms b
y D
eath
2
,155
,393
6
23,2
02
2,7
78,5
95
4,9
82
83,
609
88,
591
- -
- 2
,867
,186
(b)
Clai
ms b
y M
atur
ity 1
1 6
66
677
5
,608
4
5,49
9 5
1,10
7 -
- -
51,
784
(c)
Annu
ities
/ Pe
nsio
n pa
ymen
t -
- -
- -
- -
- -
-
(d)
Oth
er b
enef
its
- S
urre
nder
(*)
(1,0
30,2
79)
41,
972,
580
40,
942,
301
(57,
621)
2,1
23,0
33
2,0
65,4
12
- 7
27,5
99
727
,599
4
3,73
5,31
2
- S
urvi
val
-
Sub
Tota
l (A)
1,1
25,1
25
42,
596,
448
43,
721,
573
(47,
031)
2,2
52,1
41
2,2
05,1
10
- 7
27,5
99
727
,599
4
6,65
4,28
2
2Am
ount
ced
ed in
rein
sura
nce
(a)
Clai
ms b
y D
eath
(4
7,69
4) -
(47,
694)
- -
- -
- -
(47,
694)
(b)
Clai
ms b
y M
atur
ity -
- -
- -
- -
- -
-
(c)
Annu
ities
/ Pe
nsio
n pa
ymen
t -
- -
- -
- -
- -
-
(d)
Oth
er b
enef
its -
-
- S
urre
nder
(2)
- (2
) -
- -
- -
- (2
)
- S
urvi
val
-
Sub
Tota
l (B)
(47,
696)
- (4
7,69
6) -
- -
- -
- (4
7,69
6)
TOTA
L (A
) - (B
) 1
,077
,429
4
2,59
6,44
8 4
3,67
3,87
7 (4
7,03
1) 2
,252
,141
2
,205
,110
-
727
,599
7
27,5
99
46,
606,
586
Bene
fits p
aid
to c
laim
ants
:
In In
dia
1,0
77,4
29
42,
596,
448
43,
673,
877
(47,
031)
2,2
52,1
41
2,2
05,1
10
- 7
27,5
99
727
,599
4
6,60
6,58
6
Out
side
Indi
a -
- -
- -
- -
- -
-
TOTA
L (U
L2)
1,0
77,4
29
42,
596,
448
43,
673,
877
(47,
031)
2,2
52,1
41
2,2
05,1
10
- 7
27,5
99
727
,599
4
6,60
6,58
6
* Sur
rend
ers a
re n
et o
f sur
rend
er c
harg
es o
f Rs.
2,5
67,2
76
(Am
ount
in R
s. ‘0
00)
Bajaj Allianz Life Insurance Company Ltd. I Revenue Account for the year ended 31st March 2012
Schedule - 16 : Notes to financial statements
46
Background
Bajaj Allianz Life Insurance Company Limited (“the Company”) was
incorporated on 12th March 2001 as a Company under the Companies
Act, 1956. The Company obtained a license from the Insurance
Regulatory and Development Authority (“IRDA”) for carrying on
the business of life insurance on 3rd August 2001. The registration
certificate granted by IRDA is valid and the same has been renewed
for the year 2012-2013. The Company has a wide range of products in traditional and unit-linked insurance business.
1. Significant Accounting Policies followed by the Company
Basis of Preparation
The accompanying financial statements have been prepared and
presented under the historical cost convention, on the accrual basis
of accounting, in compliance with the accounting standards (‘AS’)
prescribed in the Companies Act 1956 and Rules thereunder, to
the extent applicable, and in accordance with the provisions of the
Insurance Act, 1938, the Insurance Regulatory and Development
Authority (Preparation of Financial Statements and Auditor’s Report
of Insurance Companies) Regulations, 2002 (‘the Regulations’),
Insurance Regulatory and Development Authority Act, 1999, various
circulars issued by IRDA and the practices prevailing in the insurance
industry in India. The accounting policies have been consistently
applied by the Company.
Use of Estimates
The preparation of financial statements in conformity with generally
accepted accounting principles requires management to make
estimates and assumptions that affect the reported amounts of
assets, liabilities, revenue and expenses and disclosure of contingent
liabilities as on the date of financial statements. The estimates and
assumptions used in the accompanying financial statements are
based upon management’s evaluation of the relevant facts and
circumstances as of the date of the financial statements. Actual
results could differ from those estimates. Any revision to accounting
estimates is recognized prospectively in current and future periods.
a) Revenue Recognition
Revenues are recognised as under. However recognition is postponed
where ultimate collectibility lacks reasonable certainty.
Premium Income
Premium is recognised as income when due. For linked business,
premium is recognized when the associated units are allotted.
Premium on lapsed policies is recognized as income when such
policies are reinstated.
In case of linked business, top up premiums paid by policyholders
are unitized and considered as single premium. This premium is
recognised when associated units are allotted.
Commission received on reinsurance ceded is recognized as income
in the period in which reinsurance premium is ceded.
Income earned on investments
Interest income is recognised on an accrual basis.
Dividend income is recognized when the right to receive dividend is
established.
Premium or discount on acquisition, as the case may be, in respect
of debt securities, pertaining to non-linked investments is amortized
over the period of maturity/holding and offset against interest
income.
Profit/loss on sale/redemption of securities other than linked
investments is recognized on trade/redemption date and includes
effects of accumulated fair value changes, as applicable and previously
recognised, for specific investments sold/redeemed during the year.
Cost of security is determined on weighted average cost basis.
The realized gains or losses on the debt securities for other than
linked business is the difference between the net sale consideration
and the amortized cost computed on weighted average basis as on
the date of sale.
The realized gains or loss on equity shares and mutual fund units
for other than linked business is the difference between the net sale
consideration and the weighted average cost in the books of the
Company.
The realized gain or loss on securities held for linked business is the
difference between the net sale consideration and the weighted
average cost as on the date of sale.
Fund Management Charges, Policy/Fund Administration Charges and
Cost of Insurance are accounted for on accrual basis in accordance
with terms and conditions described in the issued policies.
b) Reinsurance premium
Reinsurance premium ceded is accounted in accordance with the
treaty with reinsurers.
c) Benefits Paid (Including Claims)
Death and surrender claims are accounted for on receipt of intimation.
Maturity claims are accounted when due for payment. Reinsurance
recoveries are accounted for in the same period as the related claims
and netted off against the claim expense incurred.
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Annual Report 2011-2012
47
Repudiated claims disputed before judicial authorities are provided
for based on the best judgment of the management considering the
facts and evidence in respect of each such claim.
Withdrawals under unit linked policies are accounted in respective
schemes when the associated units are cancelled.
Surrender charges recovered are netted off against the claim expense
incurred.
d) Acquisition Costs
Acquisition costs such as commission, policy issue expenses etc. are
costs that vary with and are primarily relatable to the acquisition of
new and renewal insurance contracts. Such costs are expensed in
the year in which they are incurred. Additional first year commission
is accounted for on an accrual basis, after considering estimated
lapsations. Claw back in future, if any, for the first year commission
paid, is accounted for in the year in which it is recovered.
e) Liability for life policies
(i) The Company provides for liabilities in respect of all “in force”
policies and “lapsed policies” that are likely to be revived in future,
based on actuarial valuation done by the Appointed Actuary as per
gross premium method in accordance with accepted actuarial
practices, requirements of IRDA and the Institute of Actuaries of
India.
(ii) Accordingly, liabilities in respect of unit linked policies which
have lapsed and are not likely to be revived, are shown as a separate
item under the head “funds for future appropriations”, until expiry of
the revival period. This is as per IRDA Circular No. 041/IRDA/ACTL/
MAR-2006 dated 29th March 2006.
(iii) Linked liabilities comprise unit liability representing the fund
value of policies and non-unit liability for meeting insurance claims
and expenses etc. This is based on an actuarial valuation carried out
by the Appointed Actuary.
Actuarial policies and assumptions are given in Note 8 below.
f) Investments
Investments are made in accordance with the Insurance Act, 1938,
the Insurance Regulatory and Development Authority (Investment)
Regulations, 2000, as amended and circulars / notifications issued by
IRDA from time to time.
Investments are recorded on trade date at cost, which includes
brokerage, fees and related taxes, if any and excludes pre-acquisition
interest, if any.
i) Classification
Investments maturing within twelve months from the Balance Sheet
date and investments made with the specific intention to dispose of
within twelve months from Balance Sheet date are classified as short-
term investments. Investments other than short term are classified
as long-term investments.
Investments are specifically procured and held for policyholders
and shareholders independently and the income relating to these
investments is recognized in the Revenue Account and Profit and
Loss Account respectively.
ii) Valuation – Shareholders’ investments and non-linked
policyholders’ investments
All debt securities are considered as ‘held to maturity’ and accordingly
stated at historical cost adjusted for amortization of premium
or accretion of discount over the period held to maturity / sale.
Investment in security receipts and loans are valued at cost.
Listed equity shares and mutual fund units are stated at fair value,
in accordance with IRDA Investment (Amendment) Regulations
2001. Fair value for listed equity shares is the lower of the last quoted
closing price on the National Stock Exchange (NSE) and Bombay Stock
Exchange (BSE). Fair value for mutual fund units is the per unit net
asset value on the Balance Sheet date declared by respective Mutual
Fund. Unrealized gains/losses on changes in fair values of listed
equity shares and mutual funds are taken to the Fair Value Change
Account and carried forward in the Balance Sheet.
iii) Valuation – linked business
Listed equity shares are valued at fair value, being the last quoted
closing price on the NSE. In case the equity shares are not listed on
the NSE, then they are valued on the last quoted closing price on BSE.
Unlisted shares are stated at historical cost subject to provision for
diminution, if any, in the value of such investment.
Investments in security receipts, loans and Venture Capital funds are
valued at cost.
Government securities are valued at prices obtained from Credit
Rating Information Services of India Ltd. (CRISIL).
Corporate bonds and debentures are valued on the basis of CRISIL
Bond Valuer.
Treasury bills, Certificate of Deposits and Commercial Papers are
valued at cost plus accretion using the Straight Line method.
Mutual fund units have been valued at the last available per unit Net
Asset Value declared by the respective mutual fund.
Bajaj Allianz Life Insurance Company Ltd. I Schedules forming part of financial statements for the year ended 31st March 2012
48
iv) Valuation – Discontinued Fund
Listed equity shares are valued at fair value, being the last quoted
closing price on the NSE. In case the equity shares are not listed on
the NSE, then they are valued on the last quoted closing price on BSE.
Unlisted shares are stated at historical cost subject to provision for
diminution, if any, in the value of such investment.
Government securities are valued at prices obtained from Credit
Rating Information Services of India Ltd. (CRISIL).
Corporate bonds and debentures are valued on the basis of CRISIL
Bond Valuer.
Treasury bills, Certificate of Deposits and Commercial Papers are
valued at cost plus accretion using the Straight Line method.
Mutual fund units have been valued at the last available per unit Net
Asset Value declared by the respective mutual fund.
v) Transfer of investments
Transfer of investments from Shareholders’ Fund to the Policyholders’
Fund is at book value or market price; whichever is lower.
Transfer of debt securities is at lower of amortised cost or market
price.
Inter fund transfer of Treasury Bills, Certificate of Deposits and
Commercial Papers between unit linked funds is done at cost plus
accretion. Inter fund transfer of loans is done at cost. All other transfer
of investments between unit linked funds is done at market price.
g) Loans
Loans are stated at historical cost, net of provision for impairment,
if any.
h) Fixed Assets and Depreciation
Fixed assets are stated at cost of acquisition less accumulated
depreciation. Cost of acquisition includes incidental expenses relating
to acquisition and installation. In respect of liabilities incurred in
acquisition of fixed assets in foreign exchange, the net gain or loss
arising on conversion/settlement is charged to Revenue Account.
Intangible assets comprising software are stated at cost less
amortization.
Depreciation / amortisation is provided on Straight Line Method (SLM)
with reference to the management’s assessment of the estimated
useful life of the assets or the rates specified by the Schedule XIV of
the Companies Act, 1956, whichever is higher.
Depreciation / amortisation is provided at the following rates:
Asset Class Rate of Depreciation / amortization (SLM)
Rate of Depreciation as per Sch. XIV (SLM)
Intangibles - Computer Software
33.33% p.a. 16.21% p.a.
Leasehold Improvements Over the balance period of Lease
Over the balance period of Lease
Buildings 2.00% p.a. 1.63% p.a.
Electrical Fittings 6.33% p.a. 4.75% p.a.
Furniture & Fittings 6.33% p.a. 6.33% p.a.
Information Technology Equipment
33.33% p.a. 16.21% p.a.
Air Conditioner 10.00% p.a. 4.75% p.a.
Vehicles 20.00% p.a. 7.07% p.a.
Office Equipment 25.00% p.a. 4.75% p.a.
The Company provides pro rata depreciation from the month in
which the asset is acquired / first put to use and upto the month in
which the asset is sold/discarded.
Assets costing individually less than Rs 5,000 are charged off as
revenue expenses. Assets costing Rs 5,000 and above, upto Rs
20,000, are fully depreciated in the year of acquisition.
Impairment of Assets
The Company assesses at each Balance Sheet date whether there is
any indication that an asset may be impaired. If any such indication
exists, the Company estimates the recoverable amount of the asset.
An impairment loss is recognized if such recoverable amount of the
asset is less than its carrying amount. After impairment, depreciation
is provided on the revised carrying amount of the assets over its
remaining useful life.
i) Accounting for leases
Operating leases
Leases where the lessor effectively retains substantially all the
risks and benefits of ownership over the leased term are classified
as operating leases. Operating lease rentals are recognized as an
expense in the profit and loss account/revenue account on a straight-
line basis over the lease term.
j) Employee Benefits
The Company makes contributions to the defined contribution
schemes such as Statutory Provident Fund, Employee Labour Welfare
Fund, Employees’ State Insurance Corporation and Employee Deposit
Link Insurance Scheme at the prescribed rates. Contributions are
charged to the Revenue Account of the year when the contributions
to the funds are due.
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Annual Report 2011-2012
49
The Company makes a contribution to the Bajaj Auto Employee
Superannuation Scheme, a defined contribution scheme, for its
eligible employees at fixed rates.
The Company’s liability towards Gratuity, Leave Encashment and
Long Term Incentive Plan being defined benefit plans is accounted
for on the basis of independent actuarial valuations carried out at the
year end and actuarial gains / losses related there to are charged to
the Revenue Account. The actuarial method used for measuring the
aforesaid liabilities is ‘Projected Unit Credit Method’.
k) Transactions in Foreign Currency
Transactions in foreign currency on account of revenue expenditure
are accounted for at the rate prevailing at the date of the transactions.
Current assets and liabilities are translated at the year-end closing
rates. The resulting exchange gain or loss, if any, is reflected in the
Profit and Loss account / Revenue account.
l) Taxation
Income Tax expense comprises current tax (i.e. amount of tax for
the period determined in accordance with the income-tax law) and
deferred tax charge or credit (reflecting the tax effects of timing
differences between the accounting income and taxable income for
the period).
Deferred tax is measured based on the tax rates and the tax laws
enacted or substantively enacted at the Balance Sheet date. Deferred
tax assets are recognised only to the extent that there is reasonable
certainty that sufficient future taxable income will be available
against which such deferred tax assets can be realised. In situations
where the Company has unabsorbed depreciation or carry forward
tax losses, deferred tax assets are recognised only if there is virtual
certainty supported by convincing evidence that they can be realised
against future taxable profits.
At each Balance Sheet date the Company re-assesses unrecognised
deferred tax assets. It recognises unrecognised deferred tax assets to
the extent that it has become reasonably certain or virtually certain, as
the case may be that sufficient future taxable income will be available
against which such deferred tax assets can be realised.
m) Provisions and Contingent liabilities
The Company creates a provision when there is present obligation as
a result of a past event that probably requires an outflow of resources
and a reliable estimate can be made of the amount of the obligation.
A disclosure for a contingent liability is made when there is a possible
obligation or a present obligation that may, but probably will not,
require an outflow of resources. When there is a possible obligation
or a present obligation in respect of which the likelihood of outflow of
resources is remote, no provision or disclosure is made.
n) Service Tax
Service Tax liability on premium and charges is setoff against available
service tax credits from service tax payments made for Insurance
Auxiliary and other eligible services. Unutilised credits, if any, are
carried forward under “Advances and other Assets” for adjustments
/ setoff in subsequent periods, after creating a provision based on
estimated realization of the unutilised credit. Such provisions are
subsequently reversed only on reasonable certainty that the credits
will be utilized in future periods.
o) Earnings per share
Basic earnings per share is calculated by dividing the net profit or
loss for the year attributed to equity shareholders by the weighted
number of equity shares outstanding during the year.
For the purpose of calculating diluted earnings per share, the net
profit or loss for the year attributable to equity shareholders and the
equity weighted number of shares outstanding during the year are
adjusted for effects of all dilutive equity shares.
p) Segment Reporting
The Company’s reportable segments are business segments which
have been identified in accordance with the regulations. The
operating expenses, investments and other income attributable
to the business segments are allocated as mentioned in Note 10.
Segment revenues and results have been disclosed in the Financial
Statements itself. Segment assets and liabilities have been identified
to the extent possible in the following table. There are no reportable
geographical segments since the Company provides services to
customers in the Indian market only and does not distinguish any
reportable regions within India.
Bajaj Allianz Life Insurance Company Ltd. I Schedules forming part of financial statements for the year ended 31st March 2012
50
Statutory disclosures as required by the Regulations2. (i) Contingent Liabilities
(Rs.’000)
Particulars As at 31 March 2012 As at 31 March 2011
Partly-paid up investments Nil Nil
Underwriting commitments outstanding Nil Nil
Claims, other than those under policies, not acknowledged as debts 37,167 37,167
Guarantees given by or on behalf of the Company Nil Nil
Statutory demands/liabilities in dispute, not provided for * 7,064 7,064
Reinsurance obligations to the extent not provided for in accounts Nil Nil
Claims, under policies, not acknowledged as debts 113,812 92,039
* The Service Tax department has issued an order on the Company for Rs.7,064 thousand (excluding interest), pertaining to the period August
2002 to 31st December 2004. The Company has filed an appeal against the order with the Customs, Excise and Service Tax Appellate Tribunal.
(ii) Penalties: Details of penal actions taken by various Government Authorities as required vide Circular No.005/IRDA/F&A/CIR/MAY-09 dated
May 7, 2009 are given below:
(Rs.’000)
Sr. No.
Authority Non-Compliance/ Violation Penalty Awarded Penalty PaidPenalty Waived/
Reduced
1 Insurance Regulatory and Development Authority N/A (Staff Rebate given to non-employees in few cases)
Nil (500)* Nil (500) Nil (Nil)
N/A (Surrender/partial withdrawal permitted during Lock-in period in
few cases)
Nil (500) Nil (500) Nil (Nil)
2 Service Tax Authorities Nil (Nil) Nil (Nil) Nil (Nil) Nil (Nil)
3 Income Tax Authorities Nil (Nil) Nil (Nil) Nil (Nil) Nil (Nil)
4 Any other Tax Authorities Nil (Nil) Nil (Nil) Nil (Nil) Nil (Nil)
5 Enforcement Directorate/ Adjudicating Authority/ Tribunal or any Authority under FEMA
Nil (Nil) Nil (Nil) Nil (Nil) Nil (Nil)
6 Registrar of Companies/ NCLT/CLB/ Department of Corporate Affairs or any Authority under Companies Act, 1956
Nil (Nil) Nil (Nil) Nil (Nil) Nil (Nil)
7 Penalty awarded by any Court/ Tribunal for any matter including claim settlement but excluding compensation
Nil (Nil) Nil (Nil) Nil (Nil) Nil (Nil)
8 Securities and Exchange Board of India # Nil (Nil) Nil (Nil) Nil (Nil) Nil (Nil)
9 Competition Commission of India Nil (Nil) Nil (Nil) Nil (Nil) Nil (Nil)
10 Any other Central/State/Local Government / Statutory Authority
Nil (Nil) Nil (Nil) Nil (Nil) Nil (Nil)
* Amounts in brackets represent previous year figures.
# Post listing.
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Annual Report 2011-2012
51
3. There are no assets required to be deposited by the Company under
any local law or otherwise encumbered in or outside India except
investments to be held under Section 7 of the Insurance Act, 1938 as
discussed under Note 6. There are no assets subject to restructuring.
4. The commitments made and outstanding for investment is Rs.
372,895 thousand (Previous Year Rs. 928,180 thousand) (net of
amount already paid). The commitments made and outstanding
for fixed assets amount to Rs. 256,707 thousand (Previous Year Rs.
94,931 thousand) (net of advances).
5. Value of unsettled contracts relating to investments as at 31st
March 2012 for:
(Rs.’000)
Particulars Linked Business Non-linked Business
31 March 2012
31 March 2011
31 March 2012
31 March 2011
Purchases where deliveries are pending
327,496 4,733,138 491,120 Nil
Sales where receipts are due
2,287,135 4,424,206 Nil 495,360
6. Investments as required to be maintained under Section 7 of the
Insurance Act, 1938 are as follows:
(Rs.’000)
Particulars 31 March 2012 31 March 2011
8.32% Govt. of India Securities 2032*(Face Value Rs.150,000)
156,873 157,007
* This investment is in the custody of Deutsche Bank India Branch
in the Constituent Subsidiary General Ledger (‘CSGL’) account. The
investments are performing investments.
7. Managerial remuneration
The details of the managerial remuneration included in employee
remuneration and welfare benefits are as follows:
(Rs.’000)
Particulars 31 March 2012 31 March 2011 *
Salary 19,578 34,354
Perquisites 2,186 5,257
The managerial remuneration is in accordance with the approval
accorded by a resolution of the Board of Directors and IRDA as
required under Section 34A of the Insurance Act, 1938. Expenses
towards gratuity, leave encashment and Long Term Incentive Plan
are determined actuarially on an overall Company basis annually and
accordingly have not been considered in above information.
Out of the total amount of Rs. 21,764 thousand paid to Mr. V. Philip,
MD & CEO of the Company, an amount of Rs. 7,310 thousand has
been paid as bonus/long term incentive for services rendered by him
in the capacity of Chief Operation Officer of the Company.
* Mr. Kamesh Goyal (till 31st January 2011) and Mr. V. Philip (w.e.f.
1st February 2011).
8. Actuarial Valuation
Liabilities for life insurance policies are determined by the Appointed
Actuary in accordance with the IRDA regulations and relevant
guidance notes issued by the Institute of Actuaries of India.
Non-linked business is reserved using the prospective gross premium
method of valuation. The non-linked business is predominantly
participating and the reserves are established having regard to the
assumptions as to future experience, including the interest rate
that will be earned on premiums not yet received, together with
associated bonus rates. Regular premium participating business has
been reserved using an interest rate of 7.50% per annum, which is
revised upward by 30bps from last year assumption.
Single premium participating business has been reserved using
an interest rate of 6.25% per annum, which is the same as used in
valuation as at 31st March 2011. The discount rate is determined
after having regard to the yield likely to be obtained on relevant
matching assets.
Assumptions as to the future bonus rates are set to be consistent with
the interest rate assumptions. Provision has been made for bonus
distribution in respect of business in force at the valuation date on a
basis considered appropriate by the appointed actuary having taken
into account the reasonable expectations of policyholders.
The non-linked non-par business written under Invest Plus and Invest
Plus Premier has been reserved using an interest rate of 8.25% and
the Guaranteed Investment Return (GIR) consistent with the interest
rate assumption. Linked business has been reserved using the unit
price of the respective unit funds plus a non unit reserve to allow for
the cost of insurance and any expenses and commissions in excess of
future charges.
Mortality assumptions are based on the published IALM (1994-
1996) Ultimate Mortality Table with adjustment to reflect expected
experience and with an allowance for adverse deviation. Assumptions
for morbidity and for the incidence of accidental death are based on
terms available from reinsurers and the standard morbidity rate table
CIBT 93 (Critical Illness Base Table for year 93).
The reserve is sufficient to allow for any adverse lapse experience.
Further it has been ensured that for each policy the reserve is
sufficient to pay the minimum guaranteed surrender value.
Commission has been allowed for at the Company’s table rates
with an allowance for service tax. Maintenance expenses have been
Bajaj Allianz Life Insurance Company Ltd. I Schedules forming part of financial statements for the year ended 31st March 2012
allowed for in accordance with pricing assumptions, which have
been duly validated by the actual experience of the Company during
the last one year. An additional reserve has been included to allow for
the possible adverse deviations in experience in excess of offsetting
adjustments in bonus rates and to allow for the contingency of closure
to new business as is required by guidance notes(GN1) issued by the
Institute of Actuaries of India.
The reserve for the Group Term Business has been calculated having
regard to the unearned gross premium and expenses already
incurred. The group non-linked non-par savings business has been
valued having regard to the accrued account value of the members
of the group schemes.
Provision has been made for the possible revival of the lapsed policies,
which have lapsed before the valuation date, having regard to the
experience of the Company. As per IRDA circular No: 041/IRDA/
ACTL/MAR-2006 dated 29th March 2006, a reserve for lapsed unit
linked policies not likely to be revived is held as a separate item under
the head “Funds for Future Appropriations”.
Provision has been made for the Incurred But Not Reported death
claims (IBNR) based on the Company’s past experience of delay in
reporting the event of deaths. Where minimum surrender value is
guaranteed, the minimum reserve under those policies has been set
as the guaranteed surrender value. In all other cases the minimum
reserve has been set to zero.
The Appointed Actuary is satisfied that the nature and extent of
reinsurance arrangements require no additional reserve to be set
aside. All reserves have been calculated using gross exposure and
gross office premiums.
9. Claims (a) Claims settled, undisputed and remaining unpaid for a period of more than six months at year-end amount to
Rs. 155,588 thousand (Previous Year: Rs 75,309 Thousand).
(b) Disclosure of unclaimed amounts of Policyholders as required vide Circular No. IRDA/ F & I/CIR/CMP/174/11/2010 dated November 4,
2010 is as follows:
(Rs.’000)
Particulars Claims settled but not paid to the policyholders/ insured due
to any reasons except under litigation from the insured /
policyholder^
Sum due to the insured / policyholders on maturity or
otherwise
Cheques issued but not encashed by the policyholder/
insured*
Current Year
0 - 30 Days 505,780 124,973 123,226 753,979
01 - 06 Months 127,993 215,306 131,606 474,905
07 - 12 Months 42,888 38,665 78,698 160,251
13 - 18 Months 19,008 18,247 52,088 89,343
19 - 24 Months 10,057 2,062 35,763 47,882
25 - 30 Months 2,617 11,029 52,759 66,405
31 - 36 Months 6,179 24 11,485 17,688
Beyond 36 Months 4,813 NIL 66,388 71,201
TOTAL AMOUNT 719,335 410,306 552,013 1,681,654
(Rs.’000)
Particulars Claims settled but not paid to the policyholders/ insured due
to any reasons except under litigation from the insured /
policyholder^
Sum due to the insured / policyholders on maturity or
otherwise
Cheques issued but not encashed by the policyholder/
insured*
Previous Year
0 - 30 Days 557,489 35,497 23,525 616,511
01 - 06 Months 30,594 18,710 60,434 109,738
07 - 12 Months 25,598 7,405 50,744 83,747
13 - 18 Months 5,893 22,622 63,294 91,809
19 - 24 Months 7,544 - 12,618 20,162
25 - 30 Months 2,760 - 17,627 20,387
31 - 36 Months 2,662 - 25,668 28,330
Beyond 36 Months 825 - 29,828 30,653
TOTAL AMOUNT 633,365 84,234 283,738 1,001,337
* represents cheques, exceeding 6 months, issued to policyholders.
^ Includes all title open cases (Individual & Group).
52
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
10. Allocation of expenses
Operating expenses relating to insurance business are allocated to
specific business segments as under:
(a) Expenses, which are directly identifiable, are allocated on an
actual basis.
(b) Other operating expenses, which are not directly identifiable are
apportioned based on a combination of:
•NewBusinessRegularPremium;
•NewBusinessSinglePremium;
•RenewalPremium;and
•PaiduppoliciesPremium
11. Expenses attributable to shareholders are charged to the Shareholders’ Account.
12. Accounting Standard AS15 (Revised) Employee Benefits
i) Defined Contribution Plans
The Company has recognized following amounts in the Revenue
Account for the year –
(Rs.’000)
Sr.No. Particulars 31 March 2012 31 March 2011
1.Contribution to Employees Provident Fund
182,197 182,397
2.Contribution to Superannuation Fund
1,235 3,392
3.Contribution to Labour Welfare Fund, EDLI
3,853 2,124
4. Contribution to ESIC 16,303 19,632
ii) Defined Benefit Plans – as per Actuarial Valuation on March 31,
2012
a) Reconciliation of opening and closing balances of the present
value of the Defined Benefit Obligation (DBO):
(Rs.’000)
Particulars – Gratuity 31 March 2012 31 March 2011
Present value of Defined Benefit Obligation at the beginning of the year
174,649 118,532
Interest cost 17,014 12,311
Current service cost 48,512 46,739
Actuarial Losses / ( Gains) 9,558 42,023
Past Service Cost 0 16
Benefits paid (64,673) (44,972)
Present value of Defined BenefitObligation at the close of the year
185,060 174,649
b) Reconciliation of the opening and closing balances of the fair
value of plan assets:
(Rs.’000)
Particulars – Gratuity 31 March 2012
31 March 2011
Fair value of Plan Assets at the beginning of the year 181,843 83,449
Add : Expected return on Plan Assets 14,164 6,938
Add / (Less) : Actuarial Gains / (Losses) (1,420) 1,190
Add : Contributions 78,867 135,238
Less: Benefits Paid (64,673) (44,972)
Fair value of Plan Assets at the close of the year 208,781 181,843
Actual Return on Plan Assets 12,744 8,128
c) Net (Assets) /Liabilities recognized in the Balance Sheet as
on March 31, 2012:
(Rs.’000)
Particulars – Gratuity 31 March 2012
31 March 2011
Present value of Defined Benefit obligation 185,060 174,649
Less: Fair value of Plan (208,781) (181,843)
Assets Present value of unfunded obligation Nil Nil
Net Liability / (Asset) recognized in the Balance sheet (23,721) (7,194)
d) Total expenses recognized in the Revenue Account:
(Rs.’000)
Particulars – Gratuity 31 March 2012
31 March 2011
Current Service Cost 48,512 46,739
Interest Cost 17,014 12,311
Expected return on Plan Assets (14,164) (6,938)
Actuarial Losses / (Gains) 10,978 40,833
Past service costs 0 16
Effect of curtailment / settlement Nil Nil
Adjustments for earlier years Nil Nil
Recognized in the Revenue Account 62,340 92,961
The above have been included under the line item “Employees’
remuneration, welfare benefits and other manpower costs” in
Schedule 3.
e) Major categories of plan assets as a percentage of total plan
assets:
(Rs.’000)
Particulars – Gratuity 31 March 2012
31 March 2011
Insurer Managed Funds (100%) 208,781 181,843
f) Actuarial Assumptions:
Particulars – Gratuity 31 March 2012
31 March 2011
Discount Rate 8.55% 8.00%
Expected rate of return on Plan Assets 7.50% 7.50%
Salary Escalation rate - Management Staff 6.00% 6.00%
Annual Report 2011-2012
53
Bajaj Allianz Life Insurance Company Ltd. I Schedules forming part of financial statements for the year ended 31st March 2012
g) Future salary increases considered in actuarial valuation take
into account inflation, seniority, promotion and other relevant
factors, such as supply and demand in the employment market.
h) Expected rate of return on plan assets is on the basis of average
long term rate of return expected on investments of the fund
during the estimated term of obligation.
13. Percentage of business sector-wise:
Particulars Current Year Previous Year
Number of Policies
Percentage of policies
Number of Policies
Percentage of policies
Rural 263,505 25.04% 330,962 21.46%
Urban 788,831 74.96% 1,211,043 78.54%
Period Current Year Previous Year
No. of Lives Insured
No of Policies No. of Lives Insured
No of Policies
Social 376,286 8 755,909 8
14. Percentage of risk retained and risk reinsured:(Rs.’000)
Particulars Current Year Previous Year
Sum at risk Percentage Sum at risk Percentage
Risk retained
2,834,113,377 89.05% 2,950,631,347 92.71%
Risk reinsured
348,426,079 10.95% 231,938,294 7.29%
15. The shareholders of the Company, in their Extra Ordinary
General Meeting held on 7th May 2010 have authorized the Board
of Directors of the Company to decide on the transfer of amounts
from the Shareholders’ Account to the Policyholders’ Account to
make good the deficit, if any, in the Policyholders’ Funds in respect
of any financial year, which shall be subject to the approval of the
shareholders of the Company at the ensuing Annual General Meeting
of the respective years.
16. Reinsurance is in place on lives where cover is in excess of
the Company’s retention limit and this has been reflected in the
Accounts.
17. As per Accounting Standard 18 prescribed in the Companies
Act 1956 and Rules thereunder, disclosures of transactions with the
related parties have been set out in a separate statement annexed to
this schedule as Appendix I. The related parties, in respect of which
the disclosures have been made, have been identified on the basis of
information available with the Company and taken on record by the
Board of Directors.
18. In accordance with Accounting Standard (AS 20) – on Earnings
Per Share (EPS), the following table reconciles the numerator and
denominator used to calculate basic/diluted earnings per share.
Particulars 31 March 2012 31 March 2011
Profit/(Loss) after tax (Rs.‘000) 13,112,019 10,570,390
Basic earnings before extra-ordinary items [A] (Rs.‘000)
13,112,019 10,570,390
Basic earnings after extra-ordinary items [B] (Rs. ‘000)
13,112,019 10,570,390
Weighted average no. of equity shares (par value of Rs 10 each) [C]
150,709,000 150,709,000
Basic earnings per equity share [A/C] (Rs) 87.00 70.14
Basic earnings per equity share excluding extraordinary items [B/C] (Rs)
87.00 70.14
As there were no dilutive equity shares issued, or potential equity
shares, no reconciliation between the denominator used for
computation of basic and diluted earnings per share is necessary.
19. Operating lease commitments
The Company has entered into agreements in the nature of Lease/
Leave and License Agreements with different lessors / licensors for
the purpose of establishment of office premises. These are generally
in the nature of operating leases/ leave and licenses and disclosure
required as per Accounting Standard 19 with regard to the same is as
under:
Particulars 31 March 2012 31 March 2011
Not later than one year 318,132 344,844
Later than one year not later than five years 475,602 526,101
Later than five years 70,986 74,505
i) There are no transactions in the nature of sub leases.
ii) Payments recognized in the Revenue account for the
year ended 31st March 2012, are Rs. 411,874 thousand
(Previous Year Rs.478,059 thousand).
iii) The period of agreement is generally for three years and
renewable thereafter at the option of the lessee.
20. Additional disclosure on expenses:The additional disclosure on expenses pursuant to IRDA notification
dated March 28, 2008 have been detailed herein below:
(Rs.’000)
Particulars 31 March 2012 31 March 2011
Marketing expenses and Business development expenses
1,919,777 2,231,972
Outsourcing expenses 1,356,289 2,612,913
54
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
21. S
egm
ent R
epor
ting
Par
ticu
lars
C
urre
nt
Year
P
arti
cipa
ting
Pol
icyh
olde
rs'
Non
- Pa
rtic
ipat
ing
Polic
yhol
ders
' U
nit L
inke
d Po
licyh
olde
rs'
Sha
reho
lder
's U
nallo
cate
d In
divi
dual
A
ssur
ance
In
divi
dual
Pe
nsio
n In
divi
dual
A
ssur
ance
In
divi
dual
H
ealt
h In
divi
dual
A
nnui
ty
Gro
up
Ass
uran
ce
Indi
vidu
al
Ass
uran
ce
Indi
vidu
al
Pens
ion
Gro
up
Cred
it/(
Deb
it)
Fair
Val
ue C
hang
e A
ccou
nt
55,
847
55,
847
- -
- -
- -
- -
- -
Polic
y Li
abili
ties
5
6,53
8,64
1 3
2,54
4,43
8 4
80,7
03
5,4
25,3
33
182
,785
5
12,0
07
13,
069,
765
4,1
81,7
69
128
,757
1
3,08
4 -
-
Prov
isio
n fo
r lin
ked
liabi
litie
s
299,
838,
261
- -
- -
- -
273
,589
,782
1
8,26
1,73
9 7
,986
,740
-
-
Prov
isio
n fo
r Dis
cont
inua
nce
Fund
1
56,3
84
- -
- -
- -
156
,384
-
- -
-
Fund
s fo
r Fut
ure
App
ropr
iati
ons
1,4
42,7
95
1,3
83,9
48
58,
847
- -
- -
- -
- -
-
Rese
rve
for u
nit l
inke
d po
licie
s no
t lik
ely
to b
e re
vive
d 8
47,9
71
- -
- -
- -
847
,971
-
- -
-
Loan
s 1
70,6
60
170
,660
-
- -
- -
- -
- -
-
Inve
stm
ents
9
4,33
4,93
4 3
3,07
1,32
0 5
21,8
28
5,2
68,9
41
182
,904
4
92,7
56
12,
659,
090
5,9
32,6
08
183
,119
1
6,81
4 3
6,00
5,55
4 -
Ass
ets
Hel
d to
Cov
er L
inke
d Li
abili
ties
299,
838,
261
- -
- -
- -
273
,589
,782
1
8,26
1,73
9 7,
986,
740
- -
Ass
ets
Hel
d to
Cov
er D
isco
ntin
uanc
e Fu
nd
156
,384
-
- -
- -
- 1
56,3
84
- -
- -
Fixe
d A
sset
s #
2,2
62,4
24
- -
- -
- -
- -
- -
2,2
62,4
24
Cash
and
ban
k ba
lanc
es
4,3
82,3
96
- -
- -
- -
- -
- -
4,3
82,3
96
Adv
ance
s &
Oth
er A
sset
s
Out
stan
ding
Pre
miu
m
1,6
59,8
67
1,5
45,1
79
4,8
74
94,
637
14,
773
- 4
04
- -
- -
-
Due
from
Oth
er E
ntiti
es c
arry
ing
on In
sura
nce
busi
ness
5
6,45
9 3
0,45
9 -
16,
755
6,0
50
- 6
07
2,0
25
- 5
63
- -
Inco
me
accr
ued
on in
vest
men
ts
2,9
48,2
84
942
,600
1
8,04
5 1
57,3
72
942
1
9,63
8 4
13,4
53
134
,823
9
,351
7
72
1,2
51,2
88
-
Uns
ettle
d In
vest
men
t con
trac
t rec
eiva
ble
- -
- -
- -
- -
- -
- -
Oth
er A
sset
s 6
99,9
82
- -
- -
- -
- -
- -
699
,982
Curr
ent L
iabi
litie
s
Agen
ts B
alan
ce
2,7
95,3
62
- -
- -
- -
- -
- -
2,7
95,3
62
Bala
nce
due
to o
ther
Insu
ranc
e Co
mpa
nies
2
7,40
4 3
,769
1
79
(6,1
32)
(2,5
56)
- 2
,601
1
6,36
2 1
91
- -
12,
990
Sund
ry C
redi
tors
3
,604
,724
9
9,01
7 8
5 3
,084
9
08
- 3
8 -
- -
- 3
,501
,592
Clai
ms O
utst
andi
ng
632
,591
1
61,6
02
411
7
3,75
2 2
5,53
4 -
24,
280
342
,730
2
,547
1
,735
-
-
Prem
ium
rece
ived
in a
dvan
ce
220
,670
9
8,76
2 2
79
13,
434
1,8
83
- -
80,
541
6,4
41
19,
330
- -
Prem
ium
& O
ther
Dep
osits
7
28,8
67
- -
- -
- -
- -
- -
728
,867
Unc
laim
ed A
mou
nt-P
olic
yhol
ders
1
,681
,654
3
9,39
8 2
,064
5
,921
(6
23)
(85)
3,3
28
833
,259
2
40,7
74
5,6
05
- 5
52,0
13
Paya
ble
Uns
ettle
d In
vest
men
t Con
trac
ts
491
,120
-
- -
- -
- -
- -
491
,120
-
Tem
pora
ry o
verd
raft
as p
er b
ooks
of a
ccou
nts
472
,462
-
- -
- -
- -
- -
- 4
72,4
62
Prov
isio
ns
1,3
68,8
27
- -
- -
- -
- -
- -
1,3
68,8
27
Polic
y Li
abili
ties a
nd F
unds
for F
utur
e Ap
prop
riatio
ns a
re c
over
ed b
y In
vest
men
ts a
nd In
tere
st a
ccru
ed o
n In
vest
men
ts.
# Fi
xed
asse
ts a
re n
ot id
entif
iabl
e to
any
par
ticul
ar b
usin
ess s
egm
ent.
Dep
reci
atio
n ha
s bee
n al
loca
ted
base
d on
the
assu
mpt
ion
that
the
use
of a
sset
s is p
ropo
rtio
nal t
o th
e ba
sis r
efer
red
to in
Not
e 10
(b) o
f Sch
edul
e 16
.
(Am
ount
in R
s.’ 0
00)
Annual Report 2011-2012
55
Bajaj Allianz Life Insurance Company Ltd. I Schedules forming part of financial statements for the year ended 31st March 2012
21. S
egm
ent R
epor
ting
Par
ticu
lars
P
revi
ous
Year
P
arti
cipa
ting
Pol
icyh
olde
rs'
Non
- Pa
rtic
ipat
ing
Polic
yhol
ders
' U
nit L
inke
d Po
licyh
olde
rs'
Sha
reho
lder
's U
nallo
cate
d In
divi
dual
A
ssur
ance
In
divi
dual
Pe
nsio
n In
divi
dual
A
ssur
ance
In
divi
dual
H
ealt
h In
divi
dual
A
nnui
ty
Gro
up
Ass
uran
ce
Indi
vidu
al
Ass
uran
ce
Indi
vidu
al
Pens
ion
Gro
up
Cred
it/(
Deb
it)
Fair
Val
ue C
hang
e A
ccou
nt
37,
544
37,
544
- -
- -
- -
- -
- -
Polic
y Li
abili
ties
3
8,44
6,67
5 2
1,54
6,41
4 4
37,3
21
2,5
90,5
74
163
,927
3
12,1
14
7,5
81,8
46
5,5
26,9
29
270
,886
1
6,66
4 -
-
Prov
isio
n fo
r lin
ked
liabi
litie
s 3
28,8
41,7
05
- -
- -
- -
300
,477
,096
1
9,49
0,66
2 8,
873,
947
- -
Fund
s fo
r Fut
ure
App
ropr
iati
ons
1,1
83,6
97
1,1
50,2
93
33,
404
- -
- -
- -
- -
-
Rese
rve
for L
apse
d un
it li
nked
pol
icie
s un
likel
y to
be
revi
ved
1,7
45,3
24
- -
- -
- -
1,7
45,3
24
- -
- -
Loan
s 1
47,0
78
147
,078
-
- -
- -
- -
- -
-
Inve
stm
ents
6
4,45
8,05
9 2
2,39
5,69
8 4
63,9
56
2,5
47,4
08
163
,427
3
07,2
54
7,6
89,3
35
7,0
87,3
39
264
,331
1
8,49
1 2
3,52
0,82
0 -
Ass
ets
Hel
d to
Cov
er L
inke
d Li
abili
ties
3
28,8
41,7
05
- -
- -
- -
300
,477
,096
1
9,49
0,66
2 8,
873,
947
- -
Fixe
d A
sset
s #
1,6
53,7
09
- -
- -
- -
- -
- -
1,6
53,7
09
Cash
and
ban
k ba
lanc
es
4,3
85,0
98
- -
- -
- -
- -
- -
4,3
85,0
98
Adv
ance
s &
Oth
er A
sset
s -
- -
Out
stan
ding
Pre
miu
m
1,0
84,3
90
891
,111
4
,720
1
76,5
65
11,
992
- 2
-
- -
- -
Due
from
Oth
er E
ntiti
es c
arry
ing
on In
sura
nce
busi
ness
2
2,06
9 6
,395
-
602
8
,173
-
195
6
,704
-
- -
-
Inco
me
accr
ued
on in
vest
men
ts
1,5
69,3
22
474
,554
8
,131
4
0,73
1 9
42
5,5
15
197
,348
1
71,3
29
7,7
65
622
6
62,3
85
-
Uns
ettle
d In
vest
men
t con
trac
t rec
eiva
ble
495
,360
-
- -
- -
- -
- -
495
,360
-
Oth
er A
sset
s 6
61,3
16
- -
- -
- -
- -
- -
661
,316
Curr
ent L
iabi
litie
s -
- -
Agen
ts B
alan
ce
3,4
14,3
31
- -
- -
- -
- -
- -
3,4
14,3
31
Bala
nce
due
to o
ther
Insu
ranc
e Co
mpa
nies
6
5,73
1 6
,247
1
76
2,7
14
(6,5
75)
- 4
,005
3
6,29
8 1
60
1,2
75
- 2
1,43
1
Sund
ry C
redi
tors
3
,282
,332
4
0,14
8 9
3 1
8,56
0 6
42
- -
- -
- -
3,2
22,8
89
Clai
ms O
utst
andi
ng
509
,388
7
6,55
0 2
37
37,
889
100
3
1,46
5 1
7,49
5 3
44,2
08
1,4
44
-
Prem
ium
rece
ived
in a
dvan
ce
174
,249
5
,703
1
1 -
- -
- 1
41,5
05
- 2
7,03
0 -
-
Prem
ium
& O
ther
Dep
osits
1
,097
,160
-
- -
- -
- -
- -
- 1
,097
,160
Unc
laim
ed A
mou
nt-P
olic
yhol
ders
9
56,7
07
50,
226
1,3
43
1,6
89
(46)
(1,4
95)
68
538
,789
7
8,30
4 4
,094
-
283
,735
Tem
pora
ry o
verd
raft
as p
er b
ooks
of a
ccou
nts
1,0
17
- -
- -
- -
- -
- -
1,0
17
Prov
isio
ns
1,0
68,1
89
- -
- -
- -
- -
- -
1,0
68,1
89
Polic
y Li
abili
ties a
nd F
unds
for F
utur
e Ap
prop
riatio
ns a
re c
over
ed b
y In
vest
men
ts a
nd In
tere
st a
ccru
ed o
n In
vest
men
ts.
# Fi
xed
asse
ts a
re n
ot id
entif
iabl
e to
any
par
ticul
ar b
usin
ess s
egm
ent.
Dep
reci
atio
n ha
s bee
n al
loca
ted
base
d on
the
assu
mpt
ion
that
the
use
of a
sset
s is p
ropo
rtio
nal t
o th
e ba
sis re
ferr
ed to
in N
ote
10(b
) of S
ched
ule
16.
(Am
ount
in R
s.’ 0
00)
56
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
22. Summary of Financial Statements
Sr. No. Particulars 2011-12 2010-11 2009-10 2008-09 2007-08 2006-07
Policyholders' Account
1 Gross premium income 74,837,954 96,099,487 114,197,137 106,245,213 97,253,110 53,452,422
2 Net premium income # 74,336,163 95,751,789 113,913,657 106,010,710 97,120,392 53,359,827
3 Income from investments (Net) @ (394,473) 39,123,659 99,302,163 (31,148,700) 7,001,918 3,096,821
4 Other Income 116,403 403,589 976,028 1,770,168 3,069,470 1,024,594
5 Total income 74,058,093 135,279,037 214,191,848 76,632,178 107,191,780 57,481,242
6 Commissions (Net) 3,882,730 6,164,741 9,625,696 10,515,493 14,968,622 9,466,813
7 Brokerage - - - - - -
8 Operating Expenses related to insurance business 14,062,756 16,065,847 17,716,252 18,757,915 20,043,360 10,730,189
9 Provisions for tax 1,856,244 1,923,860 653,127 157,738 93,313 73,054
10 Total Expenses 19,801,730 24,154,448 27,995,075 29,431,146 35,105,295 20,270,056
11 Payment to policy holders* 54,958,452 49,866,241 26,312,344 7,565,608 8,516,733 6,987,347
12 Increase in actuarial liability** (10,755,094) 52,848,822 155,788,353 38,480,462 61,589,436 28,845,060
13 Surplus/ Deficit from operations 10,053,005 8,409,526 4,096,076 1,154,962 1,980,316 1,378,779
Shareholders’ Account
14 Total income under Shareholders’ Account ## 2,909,129 1,823,827 1,084,376 906,749 795,036 277,123
15 Profit/ (loss) before tax 13,495,779 10,816,647 5,569,943 (706,727) (2,138,825) (717,006)
16 Provisions for tax 383,757 246,257 147,075 85 80 27
17 Profit/ (loss) after tax 13,112,019 10,570,390 5,422,868 (706,812) (2,138,905) (717,033)
18 Profit/ loss carried to Balance Sheet 23,499,431 10,387,412 (182,978) (5,605,846) (4,899,034) (2,760,129)
19 Miscellaneous
(A) Policyholders’ account:
Total funds (including unit linked funds) 358,879,899 370,254,945 318,342,558 163,681,474 124,180,044 60,626,486
Total investments (including unit linked investments) 358,324,025 369,778,944 318,768,481 163,870,146 124,228,665 60,919,159
Yield on investments (%) (excluding unit linked investments)
8.42% 8.28% 8.35% 8.99% 8.77% 7.17%
(B) Shareholders’ account:
Total funds (net of debit balance in Profit & Loss A/C) 35,606,071 22,494,057 11,923,662 6,500,794 7,207,708 4,245,236
Total investments 36,005,554 23,520,820 15,453,830 7,695,214 11,458,855 6,536,500
Yield on investments (%) 8.95% 8.27% 8.43% 9.26% 8.66% 7.36%
20 Yield on total investments (excluding unit linked investments)
8.63% 8.27% 8.37% 9.08% 8.72% 7.24%
21 Paid up equity capital 1,507,090 1,507,090 1,507,090 1,507,090 1,507,090 1,503,680
22 Net worth 35,606,071 22,494,057 11,923,662 6,500,794 7,207,708 4,245,236
23 Total Assets (net of debit balance in Profit & Loss A/C) 394,485,970 392,749,002 330,266,220 170,182,268 131,387,754 64,871,722
24 Earning per share (Rs.) 87.00 70.14 35.98 (4.69) (14.22) (4.77)
25 Book value per share (Rs.) 236.26 149.25 79.12 43.13 47.83 28.23
# Net of reinsurance
@ Net of losses
* Inclusive of interim bonuses, if any
** Includes fund reserve since 2003-04
## Excludes amount transferred from the Policyholders' Account (Technical Account)
(Amount in Rs.’ 000)
Annual Report 2011-2012
57
Bajaj Allianz Life Insurance Company Ltd. I Schedules forming part of financial statements for the year ended 31st March 2012
23. Ratios: (Expressed in number of times)
Sr. No. Particulars 2011-12 2010-11
1 "New business premium income growth (segment-wise) (New business premium for current year divided by new business premium for previous year)
Participating 1.80 4.40
Non Participating 0.90 1.44
Unil Linked 0.42 0.54
2 Net retention ratio(Net premium divided by gross premium)
0.9930.996
3 Ratio of expenses of management (**) (Expenses of management including commission divided by the total gross direct premium with Single Premium)
0.22 0.22
4 Ratio of expenses of management (**)(Expenses of management including commission expenses divided by the total gross direct premium without Single Premium)
0.25 0.25
5 Commission ratio(Gross Commission paid to Gross premium)
0.05 0.06
6 Ratio of policy holders’ liabilities to shareholders’ funds 10.08 16.46
7 Growth rate of share holders’ funds 1.58 1.89
8 Ratio of surplus to policy holders’ liability (*) 0.03 0.02
9 Change in net worth 1.58 1.89
10 Profit after tax/ Total income 4.51 5.79
11 (Total Real Estate + Loans) / Cash & invested assets 0.005 0.003
12 Total investments / (Capital + Surplus) 11.07 17.48
13 Total affiliated investments/ (Capital + Surplus) 0.00 0.00
* Surplus including Contribution from Shareholders' account
** Excluding Service tax borne by Unit linked policy holders'
58
24. The Revenue Account and Balance Sheet for unit linked business has been annexed to this schedule as Appendix II. Disclosure for ULIP
Business as per Unit Linked Disclosure Norms issued vide Circular No. 054/IRDA/F&A/FEB-07 dated February 20, 2007, has been annexed to
this schedule as Appendix III.
25. Disclosures for Controlled Fund as required vide Circular No. IRDA/F&I/CIR/F&A/045/03/2010 dated March 17, 2010, has been annexed to
this schedule as Appendix IV.
iii. Percentage of discontinued to total policies (product wise)
financial year 2011-2012:
Product namePercentage of discontinued to
total policies (FY 2011-12)
Bajaj Allianz Max Advantage Insurance Plan 12.77%
Bajaj Allianz Assured Protection Insurance Plan 11.10%
Bajaj Allianz iGain III Insurance Plan 2.66%
Bajaj Allianz Smart Insurance Plan III 2.38%
Bajaj Allianz Money Secure Insurance Plan 0.98%
iv. Number and percentage of the policies revived during the
financial year 2011-2012 : NIL
vi. Charges imposed on account of discontinued policies during the
financial year 2011-2012: Rs. 7,853 thousands.
26. Discontinued policy fund:
i. In pursuance to IRDA’s notification dated July 01,2010 and
circular IRDA/LIFE/CIR/MISC/235/10/2011 dated October 13,
2011, the following details are disclosed with respect to the
policies discontinued:
Particulars On account of Non - payment of Premium amount within the grace period (Rs. ‘000)
On account of Others(Rs. ‘000)
Opening balance as on April 01, 2011 - -
Add : Amount transferred to funds for discontinued policies
1,56,384
Less : Amount refunded to policyholders
- -
Closing balance as on March 31, 2012 1,56,384 -
ii. Number of policies discontinued during the financial year
2011-2012 : 5751
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Annual Report 2011-2012
59
27. Previous year figures have been regrouped where possible and wherever necessary to make them comparable with those of the current year.
Summary of amounts of the previous year which have been regrouped is as follows:
Particulars Reported in Previous Year
Reported in current Year
Difference From Schedule No. To Schedule No. Reasons Amount
Claim Outstanding 509,388 464,758 (44,630) 13 (Claim Outstanding)
13 Unclaimed Amount – Policyholders
Reclassification of Unclaimed policyholder
amount from Claims Outstanding
(44,630)
Unclaimed Amount-Policyholders
956,707 1,001,337 44,630 13 Claims Outstanding)
13 Unclaimed Amount – Policyholders
Reclassification of Unclaimed policyholder
amount from Claims Outstanding
44,630
These re-groupings do not affect previously reported Surplus as per Revenue Account and Profit as per Profit and Loss Account.
For Dalal & Shah For B S R & CoChartered Accountants Chartered AccountantsFirm Registration Firm RegistrationNo. 102021W No. 101248W
Anish Amin Juzer MiyajiwalaPartner PartnerMember Ship No 40451 Member Ship No 47483
For Bajaj Allianz Life Insurance Company Limited
Rahul Bajaj Manuel BauerChairman Director Niraj Bajaj Sanjiv BajajDirector Director
David Fried Ranjit GuptaDirector Director
S.H.Khan Suraj MehtaDirector Director
Manu Tandon V Philip Director Managing Director and Chief Executive Officer
RajeshViswanathan Anil SinghChief Financial Officer Appointed Actuary
Sameer Bakshi Company Secretary Head – Legal & Compliance
Place : PuneDate : 12th May 2012
Place : PuneDate : 12th May 2012
Bajaj Allianz Life Insurance Company Ltd. I Schedules forming part of financial statements for the year ended 31st March 2012
Appendix I Refer Schedule 16 Note 17 (Amount in Rs.’000)
Schedules forming part of financial statements for the year ended 31st March 2012
Related Party Disclosures
Sr. No.
Related Party Relationship Current Year Previous Year
Total value of Transactions
during the year Payment/
(Receipts)
Nature of Transaction Balance Outstanding
as at 31st March 2012 Receivable/
(Payable)
Total value of Transactions
during the year Payment/
(Receipts)
Nature of Transaction Balance Outstanding
as at 31 st March 2011 Receivable/
(Payable)
1 Bajaj Finserv Ltd.Holding Company
11,481 Paid towards the Revenue expenditure
- 11,250 Paid towards the Revenue expenditure
(1,270)
2 Bajaj Auto Ltd. Group Company
(197,858)Insurance premium received
(42) (1,521)Insurance premium received
2,633 Insurance claims paid 811 Insurance claims paid
485,769 Investments Purchased
- 98,585 Investments Purchased
(260,586) Investments Sold (1,209,800) Investments Sold
- Paid towards the Revenue expenditure
16 Paid towards the Revenue expenditure
3Bajaj Holding and Investment Ltd.
Group Company - Investments Sold (106,070) Investments Sold
4Bajaj Finance Ltd.(Earlier Known as Bajaj Auto Finance Ltd.)
Group Company
(982,386)Insurance premium received
(69,415) (328,296)Insurance premium received
-
47,377 Insurance claims paid - 24,123 Insurance claims paid -
603,598 Paid towards the Revenue expenditure
(320,108) 190,413 Paid towards the Revenue expenditure
35,380
- Investments Purchased
- 150,000 Investments Purchased -
(12,450)Interest received on Investments Held
- - Interest received on Investments purchased
- Advance paid towards Revenue Expenditure
1,667 6,667 Advance paid towards Revenue Expenditure
(6,667)
12,679 Paid Towards Insurance Commision
(12,077) 6,966 Paid Towards Insurance Commision
4,205
5Bajaj Allianz General Insurance Co. Ltd.
Group Company
(45,137)Insurance Premium Received
(525) (19,241)Insurance Premium Received
-
134,597 Insurance Premium Paid
24,793 51,967 Insurance Premium paid
7,710
(77,874)
Reimbursement received of Revenue and Capital expenditure
(98,674)
Reimbursement received of Revenue and Capital expenditure
79,515
50,909 Paid towards the Revenue and Capital expenditure
18,588 51,036 Paid towards the Revenue and Capital expenditure
-
(140,372)Insurance Claim Received
- (72,787)Insurance Claim Received
-
15,873 Insurance Claims Paid - 4,268 Insurance Claims Paid -
6Bajaj Allianz Financial Distributors Ltd.
Group Company
(2,692) Rental Income - (2,692) Rental Income 8,181
(1,050)Insurance premium received
(43) (1,272)Insurance premium received
-
340,016 Paid towards Revenue Expenditure
(529) 416,014 Paid towards Revenue Expenditure
-
300 Insurance claims paid - 1,050 Insurance claims paid -
7 Bajaj Financial Solutions Ltd. Group Company 605 Paid Towards Insurance Commision
(84) - Paid towards insurance commission
-
8 Allianz SE Shareholder
- Revenue expenditure for OPUS
14,164 Revenue expenditure for OPUS
(12,881)
639 Reimbursement made of Revenue Expenditure
- - Reimbursement made of Revenue Expenditure
-
- Reimbursement received of Revenue Expenditure
(175)Reimbursement received of Revenue Expenditure
-
60
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Sr. No.
Related Party Relationship Current Year Previous Year
Total value of Transactions
during the year Payment/
(Receipts)
Nature of Transaction Balance Outstanding
as at 31st March 2012 Receivable/
(Payable)
Total value of Transactions
during the year Payment/
(Receipts)
Nature of Transaction Balance Outstanding
as at 31 st March 2011 Receivable/
(Payable)
9Allianz Insurance Management Asia Pacific Pte. Ltd.
Group Company
(1,542)Reimbursement received of Revenue Expenditure
1,800 (1,694)Reimbursement received of Revenue Expenditure
1,604
1,311 Paid towards the Revenue expenditure
176 Paid towards the Revenue expenditure
-
10Allianz Managed Operations & Services SE
Group Company 16,237 Paid towards the Opus revenue Expenditure
(12,990) -Paid towards the Opus revenue Expenditure
-
11Allianz SE Reinsurance Branch Asia Pacific.
Group Company
219,486 Reinsurance Premium (60,283) 167,404 Reinsurance Premium (51,867)
(21,097)Reinsurance Commission
4,637 26,144 Reinsurance Commission
7,544
(4,103)Reinsurance profit Commission
(4,882)Reinsurance profit Commission
-
(95,388) Reinsurance Claims 43,366 52,878 Reinsurance Claims 16,823
12 Hind Musafir Agency Ltd. Group Company
(602)Commission on Travel Expenses
(25) (698)Commission on Travel Expenses
(86)
702 Charges for Domestic Services
743 Charges for Domestic Services
-
13 IDS GmbH Group Company 3,772 Remuneration for IDS serives
(643) 2,913 Remuneration for IDS serives
(499)
14Allianz Investment Management Singapore Pte.Ltd.
Group Company 31,850 Data Provision Charges
- 38,000 Data Provision Charges (8,550)
15 Kamesh Goyal Key Management Personnel
- Remuneration - 37,726 Remuneration -
16 V.Philip*Key Management Personnel
21,764 Remuneration - 1,885 Remuneration -
17 Bajaj Electricals Ltd. Group Company
94 Paid towards the Revenue and Capital expenditure
- 975 Paid towards the Revenue and Capital expenditure
-
(100,700) Insurance Premium Received
- - Insurance Premium Received
18 Sanjay Asher Director 80 Director Sitting Fees - 120 Director Sitting Fees -
19 Manu Tandon Director 80 Director Sitting Fees - 80 Director Sitting Fees -
20 Suraj Mehta Director 80 Director Sitting Fees - 60 Director Sitting Fees -
21 S H Khan Director 160 Director Sitting Fees - 160 Director Sitting Fees -
* Out of the total amount of Rs. 21, 764 thousand paid to Mr. V. Philip, MD & CEO of the Company, an amount of Rs. 7,310 thousand has been paid as bonus/long term incentive for services rendered by him in the capacity of Chief Operation Officer of the Company.
61
Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Schedules forming part of financial statements for the year ended 31st March 2012
(Amount in Rs.’000)
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
|
Fo
rm A
-RA
(UL)
Fund
Rev
enue
Acc
ount
for t
he y
ear e
nded
31s
t Mar
ch 2
012
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
|
Fo
rm A
-BS
(UL)
Fund
Bal
ance
She
et a
s at
31s
t Mar
ch 2
012
Part
icul
ars
Sch
edul
e A
cc M
id C
ap
Fund
A
cc M
id C
ap
Fund
II
Acc
Mid
Cap
Pe
nsio
n Fu
nd
Acc
eler
ated
Fu
nd
Ass
et A
lloca
tion
Fu
nd
Ass
et
Allo
cati
on
Pens
ion
Fund
Ass
ured
Re
turn
Fun
d B
alan
ced
Fund
B
alan
ced
Plus
Fun
d B
alan
ced
Plus
Pen
sion
Fu
nd
INCO
ME
FRO
M IN
VES
TMEN
TS
Inte
rest
Inco
me
215
-
- 1
,165
1
,489
,966
1
12,2
44
9,8
14
- -
-
Div
iden
d In
com
e 1
63,9
39
33,
763
20,
572
173
2
57,2
21
16,
209
- -
- -
Mis
cella
neou
s Inc
ome
62,
863
20,
452
9,9
61
194
4
47,5
94
48,
660
1,9
34
- -
-
Prof
it/(L
oss)
exc
ludi
ng in
ter s
chem
e 2
79,3
66
3,7
08
10,
556
217
(4
3,00
3) (1
3,42
0) 4
4 -
- -
Prof
it/(L
oss)
on
inte
r fun
d tr
ansf
er/s
ale
of in
vest
men
t 3
7,31
0 (1
0,92
8) 4
,928
9
74
85,
321
(5,8
06)
(273
) -
- -
Unr
ealis
ed G
ain/
(Los
s) (8
45,9
79)
(66,
422)
(71,
909)
(1,5
38)
(922
,911
) (3
9,56
9) (1
,905
) -
- -
Tota
l Inc
ome
(A)
(30
2,28
6) (
19,4
27)
(25
,892
) 1
,185
1
,314
,188
1
18,3
18
9,6
14
- -
-
EXPE
NSE
S
Fund
Adm
inis
trat
ion
Expe
nses
- -
- -
- -
- -
- -
Fund
Man
agem
ent E
xpen
ses
150
,525
2
6,67
5 1
5,31
7 2
86
495
,938
3
7,43
0 1
,708
-
- -
Oth
er c
harg
es F
-5
306
,325
1
09,9
96
12,
902
180
2
,310
,612
3
8,92
3 1
3,84
3 -
- -
Expr
opria
tion/
Apro
pria
tion
Char
ges
31,
398
5,1
59
(3,8
14)
30
133
,060
9
,613
7
-
- -
Tota
l Exp
ense
s (B
) 4
88,2
48
141
,830
2
4,40
5 4
96
2,9
39,6
10
85,
966
15,
558
- -
-
Net
Inco
me/
(Los
s) fo
r the
Yea
r (A
-B)
(79
0,53
4) (
161,
257)
(50
,297
) 6
89
(1,6
25,4
22)
32,
352
(5,
944)
- -
-
Add:
Rev
enue
Acc
ount
at t
he b
egin
ning
of t
he y
ear
3,2
08,2
32
(60,
245)
208
,991
2
7,02
1 1
,306
,896
3
39,0
80
(361
) -
- -
Fund
Rev
enue
Acc
ount
at t
he e
nd o
f the
yea
r 2
,417
,698
(2
21,5
02)
158
,694
2
7,71
0 (3
18,5
26)
371
,432
(6
,305
) -
- -
(Am
ount
in R
s.’ 0
00)
(Am
ount
in R
s.’ 0
00)
Part
icul
ars
Sch
edul
e A
cc M
id C
ap
Fund
A
cc M
id C
ap
Fund
II
Acc
Mid
Cap
Pe
nsio
n Fu
nd
Acc
eler
ated
Fu
nd
Ass
et A
lloca
tion
Fu
nd
Ass
et
Allo
cati
on
Pens
ion
Fund
Ass
ured
Re
turn
Fun
d B
alan
ced
Fund
B
alan
ced
Plus
Fun
d B
alan
ced
Plus
Pen
sion
Fu
nd
SOU
RCES
OF
FUN
DS
Polic
y H
olde
r's F
unds
:
Polic
y H
olde
rs C
ontr
ibut
ion
F
-1
5,8
82,9
35
2,7
40,2
07
1,0
37,0
88
(3,4
14)
39,
863,
190
2,79
8,17
2 2
21,8
91
- -
-
Reve
nue
Acco
unt
2,4
17,6
98
(221
,502
) 1
58,6
94
27,
710
(318
,526
) 3
71,4
32
(6,3
05)
- -
-
Tot
al
8,3
00,6
33
2,5
18,7
05
1,1
95,7
82
24,
296
39,
544,
664
3,1
69,6
04
215
,586
-
- -
APP
LICA
TIO
N O
F FU
ND
S
Inve
stm
ents
F
-2
8,2
89,4
48
2,4
79,1
83
1,1
93,1
70
23,
461
38,
426,
868
3,1
18,4
62
199
,812
-
- -
Curr
ent A
sset
s F
-3
12,
544
39,
623
2,6
61
836
1
,119
,296
6
0,95
6 1
5,78
2 -
- -
Less
: Cu
rren
t Lia
bilit
ies a
nd P
rovi
sion
s F
-4
1,3
59
101
4
9 1
1
,500
9
,814
8
-
- -
Net
Cur
rent
Ass
ets
11,
185
39,
522
2,6
12
835
1
,117
,796
5
1,14
2 1
5,77
4 -
- -
Tot
al
8,3
00,6
33
2,5
18,7
05
1,1
95,7
82
24,
296
39,
544,
664
3,1
69,6
04
215
,586
-
- -
(a) N
et A
sset
s as p
er B
alan
ce S
heet
(Rs
. in
thou
sand
s)
8,3
00,6
33
2,5
18,7
05
1,1
95,7
82
24,
296
39,
544,
664
3,1
69,6
04
215
,586
-
- -
(b) N
umbe
r of U
nits
Out
stan
ding
(in
thou
sand
s)
412
,377
2
24,7
72
56,
400
935
2
,904
,926
2
47,5
18
20,
137
- -
-
Net
Ass
et V
alue
per
uni
t (a)
/(b)
(Rs.
)20
.128
711
.205
621
.201
925
.974
113
.613
012
.805
610
.705
9 -
- -
62
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Part
icul
ars
Sch
edul
e B
lue
Chip
Equ
ity
Fund
B
ond
Fund
B
ond
Pens
ion
Fund
C
apit
al
Gua
rant
ee
Fund
- 201
2
Cap
ital
G
uara
ntee
Fun
d-
2014
Cap
ital
G
uara
ntee
Fu
nd- 2
017
Cap
ital
Shi
eld-
I C
apit
al
Shie
ld-II
C
ash
Fund
C
ash
Plus
Fu
nd
INCO
ME
FRO
M IN
VES
TMEN
TS
Inte
rest
Inco
me
- 5
10,0
14
138
,733
3
,706
2
97
1,2
61
76,
462
13,
831
24,
966
25,
830
Div
iden
d In
com
e 1
9,60
5 -
- 3
54
25
223
1
,324
-
- -
Mis
cella
neou
s Inc
ome
9,3
41
192
,594
3
0,66
3 7
8 7
2
0 2
,896
7
7 4
8,97
6 6
0,83
8
Prof
it/(L
oss)
exc
ludi
ng in
ter s
chem
e (3
2,69
9) (5
5,59
7) 1
,517
9
55
(1)
30
(547
) 9
7 2
44
321
Prof
it/(L
oss)
on
inte
r fun
d tr
ansf
er/s
ale
of in
vest
men
t (3
9,13
3) (1
1,14
0) (7
,937
) 1
,761
(9
) 5
50
8,0
98
19,
529
- -
Unr
ealis
ed G
ain/
(Los
s) 4
6,06
0 2
9,64
6 5
,220
(9
,047
) (2
11)
(2,3
92)
(5,0
15)
(32,
970)
- -
Tota
l Inc
ome
(A)
3,1
74
665
,517
1
68,1
96
(2,
193)
108
(
308)
83,
218
564
7
4,18
6 8
6,98
9
EXPE
NSE
S
Fund
Adm
inis
trat
ion
Expe
nses
- -
- -
- -
- -
9,7
23
-
Fund
Man
agem
ent E
xpen
ses
15,
053
74,
504
17,
872
856
6
3 4
00
27,
815
21,
683
7,7
78
6,3
75
Oth
er c
harg
es F
-5
39,
516
333
,106
1
1,25
9 2
,538
1
84
1,0
91
2,8
65
2,2
34
14,
962
11,
001
Expr
opria
tion/
Apro
pria
tion
Char
ges
2,1
16
743
(1
71)
(82)
6
37
(101
) 7
0 8
1
0
Tota
l Exp
ense
s (B
) 5
6,68
5 4
08,3
53
28,
960
3,3
12
253
1
,528
3
0,57
9 2
3,98
7 3
2,47
1 1
7,38
6
Net
Inco
me/
(Los
s) fo
r the
Yea
r (A
-B)
(53
,511
) 2
57,1
64
139
,236
(
5,50
5) (
145)
(1,
836)
52,
639
(23
,423
) 4
1,71
5 6
9,60
3
Add:
Rev
enue
Acc
ount
at t
he b
egin
ning
of t
he y
ear
(9,0
37)
112
,756
1
47,2
41
19,
714
1,4
09
11,
777
209
,924
2
20,0
28
254
,294
5
94,3
30
Fund
Rev
enue
Acc
ount
at t
he e
nd o
f the
yea
r (6
2,54
8) 3
69,9
20
286
,477
1
4,20
9 1
,264
9
,941
2
62,5
63
196
,605
2
96,0
09
663
,933
(Am
ount
in R
s.’ 0
00)
(Am
ount
in R
s.’ 0
00)
Part
icul
ars
Sch
edul
e B
lue
Chip
Equ
ity
Fund
B
ond
Fund
B
ond
Pens
ion
Fund
C
apit
al
Gua
rant
ee
Fund
- 201
2
Cap
ital
G
uara
ntee
Fun
d-
2014
Cap
ital
G
uara
ntee
Fu
nd- 2
017
Cap
ital
Shi
eld-
I C
apit
al
Shie
ld-II
C
ash
Fund
C
ash
Plus
Fu
nd
SO
URC
ES O
F FU
ND
S
Pol
icy
Hol
der's
Fun
ds:
Pol
icy
Hol
ders
Con
trib
utio
n
F -1
1
,627
,121
7
,781
,840
1
,790
,934
6
,960
3
,160
1
9,44
8 6
91,4
42
417
,449
4
55,5
24
217
,049
Rev
enue
Acc
ount
(6
2,54
8) 3
69,9
20
286
,477
1
4,20
9 1
,264
9
,941
2
62,5
63
196
,605
2
96,0
09
663
,933
Tot
al
1,5
64,5
73
8,1
51,7
60
2,0
77,4
11
21,
169
4,4
24
29,
389
954
,005
6
14,0
54
751
,533
8
80,9
82
APP
LICA
TIO
N O
F FU
ND
S
Inve
stm
ents
F
-2
1,5
23,9
30
7,2
65,8
60
2,0
31,3
18
20,
617
4,0
44
28,
750
870
,712
5
80,6
66
741
,109
8
65,0
81
Cur
rent
Ass
ets
F -3
4
0,70
1 8
86,4
07
97,
288
561
3
82
656
8
4,32
9 3
4,52
6 1
0,47
5 1
5,92
1
Les
s : C
urre
nt L
iabi
litie
s and
Pro
visi
ons
F -4
5
8 5
07
51,
195
9
2
17
1,0
36
1,1
38
51
20
Net
Cur
rent
Ass
ets
40,
643
885
,900
4
6,09
3 5
52
380
6
39
83,
293
33,
388
10,
424
15,
901
Tot
al
1,5
64,5
73
8,1
51,7
60
2,0
77,4
11
21,
169
4,4
24
29,
389
954
,005
6
14,0
54
751
,533
8
80,9
82
(a) N
et A
sset
s as p
er B
alan
ce S
heet
(Rs
. in
thou
sand
s)
1,5
64,5
73
8,1
51,7
60
2,0
77,4
11
21,
169
4,4
24
29,
389
954
,005
6
14,0
54
751
,533
8
80,9
82
(b) N
umbe
r of U
nits
Out
stan
ding
(in
thou
sand
s)
170
,860
5
03,8
23
125
,145
1
,615
3
21
2,0
87
70,
113
43,
115
46,
786
48,
943
Net
Ass
et V
alue
per
uni
t (a)
/(b)
(Rs.
)9.
1570
16.1
798
16.6
000
13.1
082
13.7
954
14.0
804
13.6
066
14.2
423
16.0
633
18.0
001
63
Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)Ap
pend
ix II
Ref
er S
ched
ule
16 N
ote
24
|
Form
A-R
A (U
L)
Fund
Rev
enue
Acc
ount
for t
he y
ear e
nded
31s
t Mar
ch 2
012
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
|
Fo
rm A
-BS
(UL)
Fund
Bal
ance
She
et a
s at
31s
t Mar
ch 2
012
Part
icul
ars
Sch
edul
e C
ash
Plus
Pen
sion
Fu
nd
Deb
t Fun
d D
ebt P
lus
Fund
D
ebt P
lus
Pens
ion
Fund
E
quit
y Fu
nd
Equ
ity
Gai
n Fu
nd
Equ
ity
Gro
wth
Fu
nd
Equ
ity
Gro
wth
Fu
nd II
Equ
ity
Gro
wth
Pe
nsio
n Fu
nd
Equ
ity
Inde
x Fu
nd
INCO
ME
FRO
M IN
VES
TMEN
TS
Inte
rest
Inco
me
911
5
8,48
2 8
2,59
6 5
,921
2
5 1
6,59
6 7
1,43
0 1
,498
5
,210
-
Div
iden
d In
com
e -
- -
- 4
6,50
1 9
9,85
5 1
,134
,154
5
3,64
9 5
9,34
9 2
4,93
3
Mis
cella
neou
s Inc
ome
3,4
40
14,
781
18,
028
2,7
43
1,7
42
25,
262
715
,227
5
0,93
4 3
4,56
2 9
01
Prof
it/(L
oss)
exc
ludi
ng in
ter s
chem
e 5
4 (1
,584
) (3
,452
) 7
67
27,
977
498
,266
3
,988
,282
6
9,26
2 1
06,2
64
10,
914
Prof
it/(L
oss)
on
inte
r fun
d tr
ansf
er/s
ale
of in
vest
men
t 1
2
,886
(5
24)
(346
) 1
62,2
51
8,8
12
(262
,702
) (2
6,74
0) 2
2,91
3 8
4,67
9
Unr
ealis
ed G
ain/
(Los
s) -
(2,6
07)
(1,9
23)
92
(530
,018
) (8
10,5
43)
(4,5
06,1
40)
48,
418
(79,
251)
(277
,603
)
Tota
l Inc
ome
(A)
4,4
06
71,
958
94,
725
9,1
77
(29
1,52
2) (
161,
752)
1,1
40,2
51
197
,021
1
49,0
47
(15
6,17
6)
EXPE
NSE
S
Fund
Adm
inis
trat
ion
Expe
nses
- 1
0,30
1 -
- 3
9,34
9 8
3,32
5 -
- -
-
Fund
Man
agem
ent E
xpen
ses
320
8
,241
7
,745
6
83
31,
480
99,
990
1,3
23,1
33
53,
193
52,
595
16,
838
Oth
er c
harg
es F
-5
403
9
,744
1
3,97
2 5
81
41,
605
99,
537
2,8
69,8
78
175
,272
3
9,01
7 2
8,94
6
Expr
opria
tion/
Apro
pria
tion
Char
ges
1
89
122
(1
2) (8
,491
) (2
5,93
3) 2
71,6
99
10,
889
13,
827
(4,6
00)
Tota
l Exp
ense
s (B
) 7
24
28,
375
21,
839
1,2
52
103
,943
2
56,9
19
4,4
64,7
10
239
,354
1
05,4
39
41,
184
Net
Inco
me/
(Los
s) fo
r the
Yea
r (A
-B)
3,6
82
43,
583
72,
886
7,9
25
(39
5,46
5) (
418,
671)
(3,
324,
459)
(42
,333
) 4
3,60
8 (
197,
360)
Add:
Rev
enue
Acc
ount
at t
he b
egin
ning
of t
he y
ear
42,
218
332,
675
501
,191
5
5,27
1 2
,767
,744
4
,456
,032
1
5,98
7,50
3 2
26,5
20
1,3
58,2
41
1,2
43,9
40
Fund
Rev
enue
Acc
ount
at t
he e
nd o
f the
yea
r 4
5,90
0 37
6,25
8 5
74,0
77
63,
196
2,3
72,2
79
4,0
37,3
61
12,
663,
044
184
,187
1
,401
,849
1
,046
,580
(Am
ount
in R
s.’ 0
00)
(Am
ount
in R
s.’ 0
00)
Part
icul
ars
Sch
edul
e C
ash
Plus
Pen
sion
Fu
nd
Deb
t Fun
d D
ebt P
lus
Fund
D
ebt P
lus
Pens
ion
Fund
E
quit
y Fu
nd
Equ
ity
Gai
n Fu
nd
Equ
ity
Gro
wth
Fu
nd
Equ
ity
Gro
wth
Fu
nd II
Equ
ity
Gro
wth
Pe
nsio
n Fu
nd
Equ
ity
Inde
x Fu
nd
SO
URC
ES O
F FU
ND
S
Pol
icy
Hol
der's
Fun
ds:
Pol
icy
Hol
ders
Con
trib
utio
n
F -1
(2
94)
396,
417
461
,189
2
5,69
7 5
60,2
81
2,2
42,4
24
59,
989,
476
4,5
88,0
83
2,2
53,4
23
498
,762
Rev
enue
Acc
ount
4
5,90
0 37
6,25
8 5
74,0
77
63,
196
2,3
72,2
79
4,0
37,3
61
12,
663,
044
184
,187
1
,401
,849
1
,046
,580
Tot
al
45,
606
772,
675
1,0
35,2
66
88,
893
2,9
32,5
60
6,2
79,7
85
72,
652,
520
4,7
72,2
70
3,6
55,2
72
1,5
45,3
42
APP
LICA
TIO
N O
F FU
ND
S
Inve
stm
ents
F
-2
45,
024
783,
378
940
,046
1
05,4
65
2,9
32,9
33
6,2
46,8
95
72,
451,
500
4,7
16,0
27
3,6
47,8
92
1,5
43,7
09
Cur
rent
Ass
ets
F -3
5
83
39,
657
125
,715
3
,674
7
85
105
,055
2
40,7
45
56,
435
11,
602
1,6
81
Les
s : C
urre
nt L
iabi
litie
s and
Pro
visi
ons
F -4
1
5
0,36
0 3
0,49
5 2
0,24
6 1
,158
7
2,16
5 3
9,72
5 1
92
4,2
22
48
Net
Cur
rent
Ass
ets
582
(1
0,70
3) 9
5,22
0 (1
6,57
2) (3
73)
32,
890
201
,020
5
6,24
3 7
,380
1
,633
Tot
al
45,
606
772
,675
1
,035
,266
8
8,89
3 2
,932
,560
6
,279
,785
7
2,65
2,52
0 4
,772
,270
3
,655
,272
1
,545
,342
(a) N
et A
sset
s as p
er B
alan
ce S
heet
(Rs
. in
thou
sand
s)
45,
606
772
,675
1
,035
,266
8
8,89
3 2
,932
,560
6
,279
,785
7
2,65
2,52
0 4
,772
,270
3
,655
,272
1
,545
,342
(b) N
umbe
r of U
nits
Out
stan
ding
(in
thou
sand
s)
2,5
17
50,
009
59,
417
4,9
06
123
,135
1
81,4
37
4,3
05,1
12
377
,414
1
94,4
77
48,
560
Net
Ass
et V
alue
per
uni
t (a)
/(b)
(Rs.
)18
.116
015
.450
817
.423
818
.120
323
.815
834
.611
316
.875
912
.644
718
.795
431
.823
2
64
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001Ap
pend
ix II
Ref
er S
ched
ule
16 N
ote
24
|
Form
A-R
A (U
L)
Fund
Rev
enue
Acc
ount
for t
he y
ear e
nded
31s
t Mar
ch 2
012
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
|
Fo
rm A
-BS
(UL)
Fund
Bal
ance
She
et a
s at
31s
t Mar
ch 2
012
Part
icul
ars
Sche
dule
E
quit
y In
dex
Fund
- II
Equ
ity
Inde
x Pe
nsio
n Fu
nd
Equ
ity
Inde
x Pe
nsio
n Fu
nd
- II
Equ
ity
Mid
cap
Fund
E
quit
y M
idca
p Pe
nsio
n Fu
nd
Equ
ity
Mid
cap
Plus
Fun
d E
quit
y Pl
us
Fund
E
quit
y Pl
us
Pens
ion
Fund
Gro
up
Ass
et
Allo
cati
on
Fund
Gro
up B
lue
Chip
Fun
d
INCO
ME
FRO
M IN
VES
TMEN
TS
Inte
rest
Inco
me
853
-
- -
- -
1,5
44
72
46,
453
-
Div
iden
d In
com
e 1
,194
,198
1
,647
1
00,0
71
19,
844
1,7
40
29,
354
134
,224
8
,330
1
5,72
9 1
13
Mis
cella
neou
s Inc
ome
81,
288
49
6,8
77
7,9
78
688
1
1,68
9 8
1,85
0 4
,849
2
8,48
0 9
6
Prof
it/(L
oss)
exc
ludi
ng in
ter s
chem
e 8
83,7
82
568
2
0,71
1 2
4,72
7 2
,603
3
8,55
3 5
59,2
43
17,
477
9,0
99
(57)
Prof
it/(L
oss)
on
inte
r fun
d tr
ansf
er/s
ale
of in
vest
men
t 6
31,3
21
7,2
24
55,
463
10,
037
1,5
39
23,
473
1,2
42
17,
603
(29,
581)
354
Unr
ealis
ed G
ain/
(Los
s) (9
,998
,890
) (1
9,75
9) (7
57,9
88)
(89,
264)
(9,0
33)
(153
,599
) (7
75,6
24)
(28,
650)
(33,
421)
970
Tota
l Inc
ome
(A)
(7,
207,
448)
(10
,271
) (
574,
866)
(26
,678
) (
2,46
3) (
50,5
30)
2,4
79
19,
681
36,
759
1,4
76
EXPE
NSE
S
Fund
Adm
inis
trat
ion
Expe
nses
- -
- 1
3,00
8 -
- -
- -
-
Fund
Man
agem
ent E
xpen
ses
1,0
31,0
97
1,1
13
87,
014
15,
610
1,3
61
22,
988
140
,258
7
,943
1
9,96
1 1
06
Oth
er c
harg
es F
-5
4,3
50,8
81
827
8
8,00
3 1
5,57
3 5
52
17,
973
133
,656
3
,796
6
3,54
6 5
29
Expr
opria
tion/
Apro
pria
tion
Char
ges
210
,178
3
21
17,
282
(3,9
50)
(358
) (5
,780
) (3
5,96
6) 2
,268
3
,613
-
Tota
l Exp
ense
s (B
) 5
,592
,156
2
,261
1
92,2
99
40,
241
1,5
55
35,
181
237
,948
1
4,00
7 8
7,12
0 6
35
Net
Inco
me/
(Los
s) fo
r the
Yea
r (A
-B)
(12
,799
,604
) (
12,5
32)
(76
7,16
5) (
66,9
19)
(4,
018)
(85
,711
) (
235,
469)
5,6
74
(50
,361
) 8
41
Add:
Rev
enue
Acc
ount
at t
he b
egin
ning
of t
he y
ear
11,
270,
856
121
,032
1
,468
,430
9
34,4
12
142
,402
2
,072
,204
7
,176
,414
7
06,5
86
22,
744
-
Fund
Rev
enue
Acc
ount
at t
he e
nd o
f the
yea
r (1
,528
,748
) 1
08,5
00
701
,265
8
67,4
93
138
,384
1
,986
,493
6
,940
,945
7
12,2
60
(27,
617)
841
(Am
ount
in R
s.’ 0
00)
(Am
ount
in R
s.’ 0
00)
Part
icul
ars
Sche
dule
E
quit
y In
dex
Fund
- II
Equ
ity
Inde
x Pe
nsio
n Fu
nd
Equ
ity
Inde
x Pe
nsio
n Fu
nd
- II
Equ
ity
Mid
cap
Fund
E
quit
y M
idca
p Pe
nsio
n Fu
nd
Equ
ity
Mid
cap
Plus
Fun
d E
quit
y Pl
us
Fund
E
quit
y Pl
us
Pens
ion
Fund
Gro
up
Ass
et
Allo
cati
on
Fund
Gro
up B
lue
Chip
Fun
d
SOU
RCES
OF
FUN
DS
Polic
y H
olde
r's F
unds
:
Polic
y H
olde
rs C
ontr
ibut
ion
F
-1
81,
745,
744
(7,2
43)
6,1
44,3
46
109
,661
(5
1,84
1) (5
34,7
85)
1,6
37,2
10
(231
,698
) 2
,198
,554
4
6,49
9
Reve
nue
Acco
unt
(1,5
28,7
48)
108
,500
7
01,2
65
867
,493
1
38,3
84
1,9
86,4
93
6,9
40,9
45
712
,260
(2
7,61
7) 8
41
Tota
l 8
0,21
6,99
6 1
01,2
57
6,8
45,6
11
977
,154
8
6,54
3 1
,451
,708
8
,578
,155
4
80,5
62
2,1
70,9
37
47,
340
APP
LICA
TIO
N O
F FU
ND
S
Inve
stm
ents
F
-2
79,
226,
770
101
,249
6
,834
,693
9
77,1
72
87,
347
1,4
49,2
29
8,5
31,8
27
479
,788
2
,040
,741
3
0,59
5
Curr
ent A
sset
s F
-3
1,0
11,4
67
111
1
1,17
7 2
,606
1
38
3,0
32
46,
715
900
1
30,2
75
16,
746
Less
: Cu
rren
t Lia
bilit
ies a
nd P
rovi
sion
s F
-4
21,
241
103
2
59
2,6
24
942
5
53
387
1
26
79
1
Net
Cur
rent
Ass
ets
990
,226
8
1
0,91
8 (1
8) (8
04)
2,4
79
46,
328
774
1
30,1
96
16,
745
Tota
l 8
0,21
6,99
6 1
01,2
57
6,8
45,6
11
977
,154
8
6,54
3 1
,451
,708
8
,578
,155
4
80,5
62
2,1
70,9
37
47,
340
(a) N
et A
sset
s as p
er B
alan
ce S
heet
(Rs
. in
thou
sand
s)
80,
216,
996
101
,257
6
,845
,611
9
77,1
54
86,
543
1,4
51,7
08
8,5
78,1
55
480
,562
2
,170
,937
4
7,34
0
(b) N
umbe
r of U
nits
Out
stan
ding
(in
thou
sand
s)
4,7
19,1
71
3,6
00
410
,714
3
4,28
5 2
,135
4
0,16
0 2
26,0
86
11,
993
176
,894
4
,780
Net
Ass
et V
alue
per
uni
t (a)
/(b)
(Rs.
)16
.998
128
.126
116
.667
628
.501
140
.543
136
.147
837
.942
140
.071
312
.272
59.
9045
65
Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)Ap
pend
ix II
Ref
er S
ched
ule
16 N
ote
24
|
Form
A-R
A (U
L)
Fund
Rev
enue
Acc
ount
for t
he y
ear e
nded
31s
t Mar
ch 2
012
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
|
Fo
rm A
-BS
(UL)
Fund
Bal
ance
She
et a
s at
31s
t Mar
ch 2
012
Part
icul
ars
Sche
dule
G
roup
Deb
t Fun
d G
roup
Equ
ity
Inde
x Fu
nd
Gro
up E
quit
y Fu
nd
Gro
up
Gro
wth
Fu
nd -
I
Gro
up G
row
th
Fund
II
Gro
up L
iqui
d Fu
nd
Gro
up R
etur
n Sh
ield
Fun
d G
roup
Sho
rt
Term
Deb
t Fu
nd
Gro
up
Shor
t Te
rm D
ebt
Fund
II
Gro
wth
Plu
s Fu
nd I
INCO
ME
FRO
M IN
VES
TMEN
TS
Inte
rest
Inco
me
59,
823
- -
- 5
,925
4
,489
3
,300
2
1,08
7 -
17,
190
Div
iden
d In
com
e -
21,
921
326
-
- -
17
- -
-
Mis
cella
neou
s Inc
ome
17,
353
1,8
82
684
-
1,0
45
19,
856
734
3
,091
1
75
2,4
12
Prof
it/(L
oss)
exc
ludi
ng in
ter s
chem
e 4
,243
(9
,067
) 6
66
- 4
5 2
44
33
193
2
6
70
Prof
it/(L
oss)
on
inte
r fun
d tr
ansf
er/s
ale
of in
vest
men
t (1
,641
) (5
,745
) (2
48)
- (1
0) 3
(5
) (2
2,32
5) -
(1,0
96)
Unr
ealis
ed G
ain/
(Los
s) 6
08
(133
,977
) 3
,040
-
811
-
644
8
,577
-
(2,5
53)
Tota
l Inc
ome
(A)
80,
386
(12
4,98
6) 4
,468
-
7,8
16
24,
592
4,7
23
10,
623
177
1
6,62
3
EXPE
NSE
S
Fund
Adm
inis
trat
ion
Expe
nses
- -
- -
- -
- -
- -
Fund
Man
agem
ent E
xpen
ses
8,5
62
23,
238
496
-
756
1
,791
5
88
2,3
44
19
3,0
63
Oth
er c
harg
es F
-5
13,
966
57,
791
1,8
29
- 1
05
3,4
63
1,7
00
773
3
36
5,6
49
Expr
opria
tion/
Apro
pria
tion
Char
ges
77
3,0
24
- -
- 2
-
77
- 2
3
Tota
l Exp
ense
s (B
) 2
2,60
5 8
4,05
3 2
,325
-
861
5
,256
2
,288
3
,194
3
55
8,7
35
Net
Inco
me/
(Los
s) fo
r the
Yea
r (A
-B)
57,
781
(20
9,03
9) 2
,143
-
6,9
55
19,
336
2,4
35
7,4
29
(17
8) 7
,888
Add:
Rev
enue
Acc
ount
at t
he b
egin
ning
of t
he y
ear
242
,629
2
,228
-
54,
135
- 3
8,22
6 -
90,
719
- 6
,979
Fund
Rev
enue
Acc
ount
at t
he e
nd o
f the
yea
r 3
00,4
10
(206
,811
) 2
,143
5
4,13
5 6
,955
5
7,56
2 2
,435
9
8,14
8 (1
78)
14,
867
(Am
ount
in R
s.’ 0
00)
(Am
ount
in R
s.’ 0
00)
Part
icul
ars
Sche
dule
G
roup
Deb
t Fun
d G
roup
Equ
ity
Inde
x Fu
nd
Gro
up E
quit
y Fu
nd
Gro
up
Gro
wth
Fu
nd -
I
Gro
up G
row
th
Fund
II
Gro
up L
iqui
d Fu
nd
Gro
up R
etur
n Sh
ield
Fun
d G
roup
Sho
rt
Term
Deb
t Fu
nd
Gro
up
Shor
t Te
rm D
ebt
Fund
II
Gro
wth
Plu
s Fu
nd I
SOU
RCES
OF
FUN
DS
Polic
y H
olde
r's F
unds
:
Polic
y H
olde
rs C
ontr
ibut
ion
F
-1
676
,236
1
,952
,009
1
34,1
48
(54,
135)
185
,376
2
68,0
58
102
,722
(1
3,71
8) 2
4,06
8 2
15,5
99
Reve
nue
Acco
unt
300
,410
(2
06,8
11)
2,1
43
54,
135
6,9
55
57,
562
2,4
35
98,
148
(178
) 1
4,86
7
Tot
al
976
,646
1
,745
,198
1
36,2
91
- 1
92,3
31
325
,620
1
05,1
57
84,
430
23,
890
230
,466
APP
LICA
TIO
N O
F FU
ND
S
Inve
stm
ents
F
-2
813
,316
1
,732
,985
1
09,1
01
- 1
82,7
98
319
,175
9
9,30
4 7
9,61
6 2
3,60
5 2
20,7
29
Curr
ent A
sset
s F
-3
193
,744
1
2,29
1 2
7,19
4 -
9,5
39
6,4
52
5,8
71
4,8
22
286
9
,805
Less
: Cu
rren
t Lia
bilit
ies a
nd P
rovi
sion
s F
-4
30,
414
78
4
- 6
7
1
8 8
1
6
8
Net
Cur
rent
Ass
ets
163
,330
1
2,21
3 2
7,19
0 -
9,5
33
6,4
45
5,8
53
4,8
14
285
9
,737
Tot
al
976
,646
1
,745
,198
1
36,2
91
- 1
92,3
31
325
,620
1
05,1
57
84,
430
23,
890
230
,466
(a) N
et A
sset
s as p
er B
alan
ce S
heet
(R
s. in
thou
sand
s)
976
,646
1
,745
,198
1
36,2
91
- 1
92,3
31
325
,620
1
05,1
57
84,
430
23,
890
230
,466
(b) N
umbe
r of U
nits
Out
stan
ding
(in
thou
sand
s)
67,
296
175
,201
1
3,37
0 -
18,
194
23,
755
10,
018
6,7
85
2,2
84
20,
432
Net
Ass
et V
alue
per
uni
t (a)
/(b)
(Rs.
)14
.512
69.
9611
10.1
938
10.5
710
13.7
072
10.4
966
12.4
431
10.4
587
11.2
796
66
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001Ap
pend
ix II
Ref
er S
ched
ule
16 N
ote
24
|
Form
A-R
A (U
L)
Fund
Rev
enue
Acc
ount
for t
he y
ear e
nded
31s
t Mar
ch 2
012
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
|
Fo
rm A
-BS
(UL)
Fund
Bal
ance
She
et a
s at
31s
t Mar
ch 2
012
Part
icul
ars
Sche
dule
G
row
th P
lus
Fund
II
Gro
wth
Pl
us F
und
III
Gua
rant
eed
Bond
Fun
d L
ife L
ong
Gai
n Fu
nd
Liq
uid
Fund
L
iqui
d Pe
nsio
n Fu
nd
Max
Gai
n Fu
nd I
Max
Gai
n Fu
nd II
P
rem
ier
Bala
nced
Fu
nd
Pre
mie
r Bo
nd F
und
Pre
mie
r Deb
t Fun
d
INCO
ME
FRO
M IN
VES
TMEN
TS
Inte
rest
Inco
me
- 1
63
25,
494
11,
680
65,
327
5,3
02
- 1
94
- 2
6,60
1 6
,212
Div
iden
d In
com
e -
721
-
- -
- 5
7,09
6 6
,327
-
- -
Mis
cella
neou
s Inc
ome
519
3
76
1,8
08
5,4
43
161
,423
1
8,47
6 1
72,0
56
16,
624
- 7
,043
3
,630
Prof
it/(L
oss)
exc
ludi
ng in
ter s
chem
e 1
55
1,0
25
319
(4
28)
1,4
09
202
(1
,056
) (3
,029
) -
(953
) (1
77)
Prof
it/(L
oss)
on
inte
r fun
d tr
ansf
er/s
ale
of in
vest
men
t -
585
6
22
(49)
6
2
(8,7
70)
22
- (4
84)
(581
)
Unr
ealis
ed G
ain/
(Los
s) (1
,453
) (8
82)
(16,
333)
(2,1
06)
- -
(202
,181
) (1
0,46
6) -
(211
) 3
95
Tota
l Inc
ome
(A)
(77
9) 1
,988
1
1,91
0 1
4,54
0 2
28,1
65
23,
982
17,
145
9,6
72
- 3
1,99
6 9
,479
EXPE
NSE
S
Fund
Adm
inis
trat
ion
Expe
nses
- -
- 2
,598
-
- 1
6,45
5 1
,672
-
- -
Fund
Man
agem
ent E
xpen
ses
804
6
50
2,9
82
2,0
78
22,
712
2,3
77
82,
270
8,3
58
- 1
0,25
1 2
,460
Oth
er c
harg
es F
-5
1,9
48
1,2
54
11,
991
1,2
48
157
,657
1
,583
3
91,9
64
44,
598
- 5
,180
1
,661
Expr
opria
tion/
Apro
pria
tion
Char
ges
6
5
- (2
0) 2
1 (2
) 1
9,20
0 1
,809
-
(39)
(12)
Tota
l Exp
ense
s (B
) 2
,758
1
,909
1
4,97
3 5
,904
1
80,3
90
3,9
58
509
,889
5
6,43
7 -
15,
392
4,1
09
Net
Inco
me/
(Los
s) fo
r the
Yea
r (A
-B)
(3,
537)
79
(3,
063)
8,6
36
47,
775
20,
024
(49
2,74
4) (
46,7
65)
- 1
6,60
4 5
,370
Add:
Rev
enue
Acc
ount
at t
he b
egin
ning
of t
he y
ear
(10,
193)
3,0
34
- 4
7,11
8 (1
67,1
43)
20,
938
(134
,922
) (1
,573
) -
62,
237
44,
366
Fund
Rev
enue
Acc
ount
at t
he e
nd o
f the
yea
r (1
3,73
0) 3
,113
(3
,063
) 5
5,75
4 (1
19,3
68)
40,
962
(627
,666
) (4
8,33
8) -
78,
841
49,
736
(Am
ount
in R
s.’ 0
00)
(Am
ount
in R
s.’ 0
00)
Part
icul
ars
Sche
dule
G
row
th P
lus
Fund
II
Gro
wth
Pl
us F
und
III
Gua
rant
eed
Bond
Fun
d L
ife L
ong
Gai
n Fu
nd
Liq
uid
Fund
L
iqui
d Pe
nsio
n Fu
nd
Max
Gai
n Fu
nd I
Max
Gai
n Fu
nd II
P
rem
ier
Bala
nced
Fu
nd
Pre
mie
r Bo
nd F
und
Pre
mie
r Deb
t Fun
d
SO
URC
ES O
F FU
ND
S
Pol
icy
Hol
der's
Fun
ds:
Pol
icy
Hol
ders
Con
trib
utio
n
F -1
7
1,98
0 4
6,60
2 1
,919
,190
1
66,5
71
2,7
65,4
14
215
,353
9
,477
,130
9
67,8
22
- 2
72,8
07
53,
172
Rev
enue
Acc
ount
(1
3,73
0) 3
,113
(3
,063
) 5
5,75
4 (1
19,3
68)
40,
962
(627
,666
) (4
8,33
8) -
78,
841
49,
736
Tot
al
58,
250
49,
715
1,9
16,1
27
222
,325
2
,646
,046
2
56,3
15
8,8
49,4
64
919
,484
-
351
,648
1
02,9
08
APP
LICA
TIO
N O
F FU
ND
S
Inve
stm
ents
F
-2
58,
205
48,
775
1,6
24,0
14
215
,122
2
,591
,186
2
53,1
53
8,6
46,1
97
908
,681
-
347
,257
1
08,9
84
Cur
rent
Ass
ets
F -3
7
7 9
42
342
,411
7
,218
5
4,93
8 3
,885
2
03,6
58
10,
844
- 1
4,59
9 4
,048
Les
s : C
urre
nt L
iabi
litie
s and
Pro
visi
ons
F -4
3
2 2
5
0,29
8 1
5 7
8 7
23
391
4
1 -
10,
208
10,
124
Net
Cur
rent
Ass
ets
45
940
2
92,1
13
7,2
03
54,
860
3,1
62
203
,267
1
0,80
3 -
4,3
91
(6,0
76)
Tot
al
58,
250
49,
715
1,9
16,1
27
222
,325
2
,646
,046
2
56,3
15
8,8
49,4
64
919
,484
-
351
,648
1
02,9
08
(a) N
et A
sset
s as p
er B
alan
ce S
heet
(Rs
. in
thou
sand
s)
58,
250
49,
715
1,9
16,1
27
222
,325
2
,646
,046
2
56,3
15
8,8
49,4
64
919
,484
-
351
,648
1
02,9
08
(b) N
umbe
r of U
nits
Out
stan
ding
(in
thou
sand
s)
6,7
69
4,4
99
187
,566
1
6,08
5 1
64,9
58
15,
886
802
,001
9
0,70
2 -
24,
143
6,6
33
Net
Ass
et V
alue
per
uni
t (a)
/(b)
(Rs.
)8.
6050
11.0
514
10.2
157
13.8
220
16.0
407
16.1
350
11.0
342
10.1
374
0.00
0014
.565
115
.514
7
67
Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)Ap
pend
ix II
Ref
er S
ched
ule
16 N
ote
24
|
Form
A-R
A (U
L)
Fund
Rev
enue
Acc
ount
for t
he y
ear e
nded
31s
t Mar
ch 2
012
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
|
Fo
rm A
-BS
(UL)
Fund
Bal
ance
She
et a
s at
31s
t Mar
ch 2
012
Part
icul
ars
Sche
dule
P
rem
ier E
quit
y Fu
nd
Pre
mie
r Equ
ity
Gai
n Fu
nd
Pre
mie
r Equ
ity
Gro
wth
Fun
d P
rem
ier E
quit
y In
dex
Fund
P
ure
Equi
ty F
und
Pur
e St
ock
Fund
P
ure
Stoc
k Pe
nsio
n Fu
nd
INCO
ME
FRO
M IN
VES
TMEN
TS
Inte
rest
Inco
me
- 5
7 1
86
- -
- -
Div
iden
d In
com
e 4
,501
8
,205
2
5,73
1 1
7,53
1 1
1,92
2 6
2,04
8 2
,662
Mis
cella
neou
s Inc
ome
52
5,2
93
15,
056
361
6
,508
4
5,46
2 -
Prof
it/(L
oss)
exc
ludi
ng in
ter s
chem
e 2
,078
1
5,52
1 3
9,77
0 4
,208
2
2,12
9 9
8,95
1 5
,275
Prof
it/(L
oss)
on
inte
r fun
d tr
ansf
er/s
ale
of in
vest
men
t 1
7,49
5 4
,213
1
3,50
8 4
4,33
4 7
,315
(1
8,45
7) (3
,463
)
Unr
ealis
ed G
ain/
(Los
s) (5
2,28
2) (1
3,31
4) (3
2,61
4) (1
77,7
69)
(42,
263)
(132
,034
) (3
,125
)
Tota
l Inc
ome
(A)
(28
,156
) 1
9,97
5 6
1,63
7 (
111,
335)
5,6
11
55,
970
1,3
49
EXPE
NSE
S
Fund
Adm
inis
trat
ion
Expe
nses
- -
- -
- -
-
Fund
Man
agem
ent E
xpen
ses
6,8
02
11,
948
45,
832
32,
330
11,
927
58,
524
3,0
40
Oth
er c
harg
es F
-5
5,4
85
9,5
18
30,
294
21,
842
46,
180
255
,743
2
,614
Expr
opria
tion/
Apro
pria
tion
Char
ges
(826
) (1
,960
) (6
,224
) (3
,221
) (3
,015
) 1
4,62
7 6
78
Tota
l Exp
ense
s (B
) 1
1,46
1 1
9,50
6 6
9,90
2 5
0,95
1 5
5,09
2 3
28,8
94
6,3
32
Net
Inco
me/
(Los
s) fo
r the
Yea
r (A
-B)
(39
,617
) 4
69
(8,
265)
(16
2,28
6) (
49,4
81)
(27
2,92
4) (
4,98
3)
Add:
Rev
enue
Acc
ount
at t
he b
egin
ning
of t
he y
ear
227
,988
4
13,2
32
522
,916
2
81,6
42
335
,885
5
34,8
18
25,
242
Fund
Rev
enue
Acc
ount
at t
he e
nd o
f the
yea
r 1
88,3
71
413
,701
5
14,6
51
119
,356
2
86,4
04
261
,894
2
0,25
9
(Am
ount
in R
s.’ 0
00)
(Am
ount
in R
s.’ 0
00)
Part
icul
ars
Sche
dule
P
rem
ier E
quit
y Fu
nd
Pre
mie
r Equ
ity
Gai
n Fu
nd
Pre
mie
r Equ
ity
Gro
wth
Fun
d P
rem
ier E
quit
y In
dex
Fund
P
ure
Equi
ty F
und
Pur
e St
ock
Fund
P
ure
Stoc
k Pe
nsio
n Fu
nd
SO
URC
ES O
F FU
ND
S
Pol
icy
Hol
der's
Fun
ds:
Pol
icy
Hol
ders
Con
trib
utio
n
F -1
8
1,38
1 7
1,16
9 9
97,2
23
932
,076
4
35,4
88
4,1
12,8
51
238
,625
Rev
enue
Acc
ount
1
88,3
71
413
,701
5
14,6
51
119
,356
2
86,4
04
261
,894
2
0,25
9
Tot
al
269
,752
4
84,8
70
1,5
11,8
74
1,0
51,4
32
721
,892
4
,374
,745
2
58,8
84
APP
LICA
TIO
N O
F FU
ND
S
Inve
stm
ents
F
-2
270
,189
4
85,7
15
1,5
11,4
63
1,0
52,2
95
722
,083
4
,362
,293
2
22,5
01
Cur
rent
Ass
ets
F -3
1
46
749
2
,233
2
80
211
1
2,63
0 3
6,39
3
Les
s : C
urre
nt L
iabi
litie
s and
Pro
visi
ons
F -4
5
83
1,5
94
1,8
22
1,1
43
402
1
78
10
Net
Cur
rent
Ass
ets
(437
) (8
45)
411
(8
63)
(191
) 1
2,45
2 3
6,38
3
Tot
al
269
,752
4
84,8
70
1,5
11,8
74
1,0
51,4
32
721
,892
4
,374
,745
2
58,8
84
(a) N
et A
sset
s as p
er B
alan
ce S
heet
(Rs
. in
thou
sand
s)
269
,752
4
84,8
70
1,5
11,8
74
1,0
51,4
32
721
,892
4
,374
,745
2
58,8
84
(b) N
umbe
r of U
nits
Out
stan
ding
(in
thou
sand
s)
15,
405
22,
041
88,
415
67,
661
30,
743
200
,357
1
4,62
4
Net
Ass
et V
alue
per
uni
t (a)
/(b)
(Rs.
)17
.511
221
.998
717
.099
715
.539
823
.481
321
.834
717
.703
1
68
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001Ap
pend
ix II
Ref
er S
ched
ule
16 N
ote
24
|
Form
A-R
A (U
L)
Fund
Rev
enue
Acc
ount
for t
he y
ear e
nded
31s
t Mar
ch 2
012
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
|
Fo
rm A
-BS
(UL)
Fund
Bal
ance
She
et a
s at
31s
t Mar
ch 2
012
Part
icul
ars
Sche
dule
S
ecur
e Fu
nd
Shi
eld
Plus
Fun
d I
Shi
eld
Plus
Fun
d II
Shi
eld
Plus
Fu
nd II
I S
hiel
d Pl
us F
und
IV
Sta
ble
Fund
T
otal
INCO
ME
FRO
M IN
VES
TMEN
TS
Inte
rest
Inco
me
81,
914
210
,951
5
5,36
5 8
2,54
0 7
,700
6
8,36
5 3
,459
,960
Div
iden
d In
com
e 2
,792
5
,384
1
,250
3
60
46
6,1
94
3,6
72,1
33
Mis
cella
neou
s Inc
ome
23,
789
23,
996
10,
985
15,
945
1,8
39
20,
905
2,6
33,4
33
Prof
it/(L
oss)
exc
ludi
ng in
ter s
chem
e (5
,124
) (5
,878
) (8
79)
1,1
60
129
(2
,014
) 6
,575
,066
Prof
it/(L
oss)
on
inte
r fun
d tr
ansf
er/s
ale
of in
vest
men
t 1
1,35
9 2
0,21
4 4
,567
(4
,120
) 3
4 7
3,52
3 9
23,9
58
Unr
ealis
ed G
ain/
(Los
s) (2
3,28
1) (5
0,38
5) (1
4,60
8) (8
,053
) (3
42)
(78,
821)
(20
,928
,753
)
Tota
l Inc
ome
(A)
91,
449
204
,282
5
6,68
0 8
7,83
2 9
,406
8
8,15
2 (
3,66
4,20
3)
EXPE
NSE
S
Fund
Adm
inis
trat
ion
Expe
nses
- -
- -
- -
176
,431
Fund
Man
agem
ent E
xpen
ses
15,
848
39,
011
10,
704
15,
227
1,5
31
16,
130
4,2
66,6
00
Oth
er c
harg
es F
-5
10,
903
73,
228
19,
931
26,
115
3,0
17
2,2
10
12,
377,
604
Expr
opria
tion/
Apro
pria
tion
Char
ges
531
(2
90)
(79)
105
-
2,8
63
650
,648
Tota
l Exp
ense
s (B
) 2
7,28
2 1
11,9
49
30,
556
41,
447
4,5
48
21,
203
17,
471,
283
Net
Inco
me/
(Los
s) fo
r the
Yea
r (A
-B)
64,
167
92,
333
26,
124
46,
385
4,8
58
66,
949
(21
,135
,486
)
Add:
Rev
enue
Acc
ount
at t
he b
egin
ning
of t
he y
ear
160
,539
1
34,1
39
20,
916
11,
412
- 3
93,0
50
60,
839,
022
Fund
Rev
enue
Acc
ount
at t
he e
nd o
f the
yea
r 2
24,7
06
226
,472
4
7,04
0 5
7,79
7 4
,858
4
59,9
99
39,
703,
536
(Am
ount
in R
s.’ 0
00)
(Am
ount
in R
s.’ 0
00)
Part
icul
ars
Sche
dule
S
ecur
e Fu
nd
Shi
eld
Plus
Fun
d I
Shi
eld
Plus
Fun
d II
Shi
eld
Plus
Fu
nd II
I S
hiel
d Pl
us F
und
IV
Sta
ble
Fund
T
otal
SOU
RCES
OF
FUN
DS
Polic
y H
olde
r's F
unds
:
Polic
y H
olde
rs C
ontr
ibut
ion
F
-1
1,2
21,2
08
2,7
21,2
75
764
,626
1
,094
,898
1
45,9
03
248
,697
2
60,1
34,7
25
Reve
nue
Acco
unt
224
,706
2
26,4
72
47,
040
57,
797
4,8
58
459
,999
3
9,70
3,53
6
Tot
al
1,4
45,9
14
2,9
47,7
47
811
,666
1
,152
,695
1
50,7
61
708
,696
2
99,8
38,2
61
APP
LICA
TIO
N O
F FU
ND
S
Inve
stm
ents
F
-2
1,3
62,9
01
2,7
95,2
52
770
,268
1
,091
,766
1
42,5
51
587
,584
29
4,59
3,83
5
Curr
ent A
sset
s F
-3
83,
064
153
,498
4
1,69
2 6
1,26
2 8
,247
1
21,1
62
5,66
6,23
4
Less
: Cu
rren
t Lia
bilit
ies a
nd P
rovi
sion
s F
-4
51
1,0
03
294
3
33
37
50
421,
808
Net
Cur
rent
Ass
ets
83,
013
152
,495
4
1,39
8 6
0,92
9 8
,210
1
21,1
12
5,24
4,42
6
Tot
al
1,4
45,9
14
2,9
47,7
47
811
,666
1
,152
,695
1
50,7
61
708
,696
29
9,83
8,26
1
(a) N
et A
sset
s as p
er B
alan
ce S
heet
(Rs
. in
thou
sand
s)
1,4
45,9
14
2,9
47,7
47
811
,666
1
,152
,695
1
50,7
61
708
,696
(b) N
umbe
r of U
nits
Out
stan
ding
(in
thou
sand
s)
76,
065
258
,767
7
2,52
7 1
04,6
96
14,
219
36,
673
Net
Ass
et V
alue
per
uni
t (a)
/(b)
(Rs.
)19
.008
811
.391
511
.191
311
.010
010
.602
819
.324
2
69
Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)Ap
pend
ix II
Ref
er S
ched
ule
16 N
ote
24
|
Form
A-R
A (U
L)
Fund
Rev
enue
Acc
ount
for t
he y
ear e
nded
31s
t Mar
ch 2
012
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
|
Fo
rm A
-BS
(UL)
Fund
Bal
ance
She
et a
s at
31s
t Mar
ch 2
012
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SC
HED
ULE
F1
: PO
LICY
HO
LDER
S’ C
ON
TRIB
UTI
ON
Sc
hedu
les t
o Fu
nd R
even
ue A
ccou
nt a
s at
31st
Mar
ch 2
012
Par
ticu
lars
A
cc M
id C
ap
Fund
A
cc M
id C
ap
Fund
II
Acc
Mid
Cap
Pe
nsio
n Fu
nd
Acc
eler
ated
Fu
nd
Ass
et A
lloca
tion
Fun
d A
sset
Allo
cati
on
Pens
ion
Fund
A
ssur
ed R
etur
n Fu
nd
Bal
ance
d Fu
nd
Bal
ance
d Pl
us
Fund
B
alan
ced
Plus
Pe
nsio
n Fu
nd
Ope
ning
Bal
ance
6
,507
,536
1
,728
,395
9
58,7
61
(1,7
99)
39,
880,
094
2,6
41,7
60
79,
858
1,1
05,9
78
737
,748
8
2,14
9
Add
: Ad
ditio
n du
ring
the
year
1
,188
,727
1
,229
,805
3
34,1
74
3,4
90
7,0
90,0
46
685
,331
1
52,1
09
2,4
24,7
17
2,2
66,8
62
199
,471
Les
s : D
educ
tion
durin
g th
e ye
ar
1,8
13,3
28
217
,993
2
55,8
47
5,1
05
7,1
06,9
50
528
,919
1
0,07
6 3
,530
,695
3
,004
,610
2
81,6
20
Clo
sing
Bal
ance
5
,882
,935
2
,740
,207
1
,037
,088
(
3,41
4) 3
9,86
3,19
0 2
,798
,172
2
21,8
91
- -
-
Par
ticu
lars
B
lue
Chip
Eq
uity
Fun
d B
ond
Fund
B
ond
Pens
ion
Fund
C
apit
al
Gua
rant
ee
Fund
- 201
2
Cap
ital
Gua
rant
ee
Fund
- 201
4 C
apit
al G
uara
ntee
Fu
nd- 2
017
Cap
ital
Shi
eld-
I C
apit
al S
hiel
d-II
Cas
h Fu
nd
Cas
h Pl
us F
und
Ope
ning
Bal
ance
1
,040
,916
7
,359
,619
1
,576
,192
6
1,58
3 4
,443
2
5,23
1 7
97,6
51
481
,973
5
66,7
90
350
,529
Add
: Ad
ditio
n du
ring
the
year
7
91,2
49
4,7
93,8
63
1,2
24,0
58
29
- -
117
1
18
118
,732
3
30,6
18
Les
s : D
educ
tion
durin
g th
e ye
ar
205
,044
4
,371
,642
1
,009
,316
5
4,65
2 1
,283
5
,783
1
06,3
26
64,
642
229
,998
4
64,0
98
Clo
sing
Bal
ance
1
,627
,121
7
,781
,840
1
,790
,934
6
,960
3
,160
1
9,44
8 6
91,4
42
417
,449
4
55,5
24
217
,049
Par
ticu
lars
C
ash
Plus
Pe
nsio
n Fu
nd
Deb
t Fun
d D
ebt P
lus
Fund
D
ebt P
lus
Pens
ion
Fund
E
quit
y Fu
nd
Equ
ity
Gai
n Fu
nd
Equ
ity
Gro
wth
Fu
nd
Equ
ity
Gro
wth
Fu
nd II
E
quit
y G
row
th
Pens
ion
Fund
Equ
ity
Inde
x Fu
nd
Ope
ning
Bal
ance
8
,979
1
47,3
72
421
,079
3
2,11
3 3
03,0
92
3,5
09,6
05
68,
067,
574
3,2
13,6
63
2,9
24,0
80
373
,388
Add
: Ad
ditio
n du
ring
the
year
3
0,70
9 8
22,1
54
858
,850
1
00,5
17
646
,910
2
80,1
82
6,0
13,7
39
1,7
23,4
23
628
,158
4
65,2
29
Les
s : D
educ
tion
durin
g th
e ye
ar
39,
982
573
,109
8
18,7
40
106
,933
3
89,7
21
1,5
47,3
63
14,
091,
837
349
,003
1
,298
,815
3
39,8
55
Clo
sing
Bal
ance
(
294)
396
,417
4
61,1
89
25,
697
560
,281
2
,242
,424
5
9,98
9,47
6 4
,588
,083
2
,253
,423
4
98,7
62
Par
ticu
lars
E
quit
y In
dex
Fund
- II
Equ
ity
Inde
x Pe
nsio
n Fu
nd
Equ
ity
Inde
x Pe
nsio
n Fu
nd -
II E
quit
y M
idca
p Fu
nd
Equ
ity
Mid
cap
Pens
ion
Fund
E
quit
y M
idca
p Pl
us
Fund
E
quit
y Pl
us F
und
Equ
ity
Plus
Pe
nsio
n Fu
nd
Gro
up A
sset
A
lloca
tion
Fu
nd
Gro
up B
lue
Chip
Fu
nd
Ope
ning
Bal
ance
8
2,58
9,35
3 (2
5,12
1) 6
,279
,520
2
78,4
90
(32,
906)
(296
,271
) 3
,877
,133
(4
,811
) 1
,390
,254
-
Add
: Ad
ditio
n du
ring
the
year
1
4,11
9,79
3 5
0,95
6 1
,778
,249
6
0,59
3 2
0,17
9 1
13,6
88
564
,430
5
6,22
7 9
20,4
43
47,
132
Les
s : D
educ
tion
durin
g th
e ye
ar
14,
963,
402
33,
078
1,9
13,4
23
229
,422
3
9,11
4 3
52,2
02
2,8
04,3
53
283
,114
1
12,1
43
633
Clo
sing
Bal
ance
8
1,74
5,74
4 (
7,24
3) 6
,144
,346
1
09,6
61
(51
,841
) (
534,
785)
1,6
37,2
10
(23
1,69
8) 2
,198
,554
4
6,49
9
Par
ticu
lars
G
roup
Deb
t Fu
nd
Gro
up E
quit
y In
dex
Fund
G
roup
Equ
ity
Fund
G
roup
Gro
wth
Fu
nd -
I G
roup
Gro
wth
Fun
d II
Gro
up L
iqui
d Fu
nd
Gro
up R
etur
n Sh
ield
Fun
d G
roup
Sho
rt
Term
Deb
t Fun
d G
roup
Sho
rt
Term
Deb
t Fu
nd II
Gro
wth
Plu
s Fu
nd I
Ope
ning
Bal
ance
6
22,3
18
1,5
88,6
54
- (5
4,08
1) -
179
,639
-
679
,867
-
221
,343
Add
: Ad
ditio
n du
ring
the
year
5
14,9
02
506
,283
1
36,6
14
- 1
85,3
77
150
,935
1
05,4
31
128
,087
2
4,06
9 4
2
Les
s : D
educ
tion
durin
g th
e ye
ar
460
,984
1
42,9
28
2,4
66
54
1
62,
516
2,7
09
821
,672
1
5
,786
Clo
sing
Bal
ance
6
76,2
36
1,9
52,0
09
134
,148
(
54,1
35)
185
,376
2
68,0
58
102
,722
(
13,7
18)
24,
068
215
,599
(Am
ount
in R
s '00
0)
70
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Par
ticu
lars
G
row
th P
lus
Fund
II
Gro
wth
Plu
s Fu
nd II
I G
uara
ntee
d Bo
nd
Fund
L
ife L
ong
Gai
n Fu
nd
Liq
uid
Fund
L
iqui
d Pe
nsio
n Fu
nd
Max
Gai
n Fu
nd I
Max
Gai
n Fu
nd II
P
rem
ier
Bala
nced
Fu
nd
Pre
mie
r Bon
d Fu
nd
Ope
ning
Bal
ance
7
3,10
5 4
7,52
7 -
157
,682
2
,280
,791
2
28,3
42
6,2
20,6
81
592
,281
5
3,38
9 3
26,2
66
Add
: Ad
ditio
n du
ring
the
year
4
1
,715
2
,068
,111
7
1,40
9 1
,349
,264
2
38,6
01
3,3
05,5
13
472
,912
1
16,8
56
169
,188
Les
s : D
educ
tion
durin
g th
e ye
ar
1,1
29
2,6
40
148
,921
6
2,52
0 8
64,6
41
251
,590
4
9,06
4 9
7,37
1 1
70,2
45
222
,647
Clo
sing
Bal
ance
7
1,98
0 4
6,60
2 1
,919
,190
1
66,5
71
2,7
65,4
14
215
,353
9
,477
,130
9
67,8
22
0 2
72,8
07
Par
ticu
lars
P
rem
ier D
ebt
Fund
P
rem
ier E
quit
y Fu
nd
Pre
mie
r Equ
ity
Gai
n Fu
nd
Pre
mie
r Equ
ity
Gro
wth
Fun
d P
rem
ier E
quit
y In
dex
Fund
P
ure
Equi
ty F
und
Pur
e St
ock
Fund
P
ure
Stoc
k Pe
nsio
n Fu
nd
Sec
ure
Fund
S
hiel
d Pl
us F
und
I
Ope
ning
Bal
ance
4
9,33
6 1
10,0
70
187
,050
1
,384
,881
1
,145
,644
5
90,8
52
4,0
02,0
34
185
,933
9
64,0
41
2,7
58,3
09
Add
: Ad
ditio
n du
ring
the
year
8
3,83
2 4
1,70
6 2
5,18
9 4
5,77
2 9
9,77
3 3
7,44
5 8
68,1
66
79,
658
479
,737
2
60
Les
s : D
educ
tion
durin
g th
e ye
ar
79,
996
70,
395
141
,070
4
33,4
30
313
,341
1
92,8
09
757
,349
2
6,96
6 2
22,5
70
37,
294
Clo
sing
Bal
ance
5
3,17
2 8
1,38
1 7
1,16
9 9
97,2
23
932
,076
4
35,4
88
4,1
12,8
51
238
,625
1
,221
,208
2
,721
,275
Par
ticu
lars
S
hiel
d Pl
us
Fund
II
Shi
eld
Plus
Fun
d III
S
hiel
d Pl
us F
und IV
S
tabl
e Fu
nd
Tot
al
Ope
ning
Bal
ance
7
70,4
52
1,1
20,5
21
- 2
,473
,763
2
68,0
02,6
83
Add
: Ad
ditio
n du
ring
the
year
2
9 4
,838
1
59,6
49
69,
169
63,
675,
613
Les
s : D
educ
tion
durin
g th
e ye
ar
5,8
55
30,
461
13,
746
2,2
94,2
35
71,
543,
571
Clo
sing
Bal
ance
7
64,6
26
1,0
94,8
98
145
,903
2
48,6
97
260
,134
,725
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SC
HED
ULE
F1
: PO
LICY
HO
LDER
S’ C
ON
TRIB
UTI
ON
Sc
hedu
les t
o Fu
nd R
even
ue A
ccou
nt a
s at
31st
Mar
ch 2
012
(Am
ount
in R
s '00
0)
71
Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)
Part
icul
ars
Acc
Mid
Cap
Fu
nd
Acc
Mid
Cap
Fu
nd II
A
cc M
id C
ap
Pens
ion
Fund
A
ccel
erat
ed F
und
Ass
et A
lloca
tion
Fu
nd
Ass
et A
lloca
tion
Pe
nsio
n Fu
nd
Ass
ured
Ret
urn
Fund
B
alan
ced
Fund
B
alan
ced
Plus
Fu
nd
Bal
ance
d Pl
us
Pens
ion
Fund
APP
ROV
ED IN
VES
TMEN
TS
Gov
ernm
ent B
onds
-
- -
- 1,
751,
627
390,
403
45,3
99 -
- -
Cor
pora
te B
onds
-
- -
3,05
84,
772,
949
114,
482
- -
- -
Infr
astr
uctu
re B
onds
-
- -
5,18
69,
922,
718
670,
348
108,
389
- -
-
Equ
ity
5,71
7,24
01,
641,
824
809,
816
8,74
715
,683
,851
1,23
0,62
3 -
- -
-
Mon
ey M
arke
t 74
6,19
934
9,78
314
1,44
12,
987
1,93
6,51
739
3,99
518
,024
- -
-
Mut
ual F
und
- -
- -
- -
- -
- -
Ban
k Fi
xed
Dep
osits
-
- -
2,90
01,
608,
480
173,
600
28,0
00 -
- -
Equ
ity L
inke
d D
eben
ture
-
- -
- 46
3,85
2 -
- -
- -
Tot
al
6,46
3,43
91,
991,
607
951,
257
22,8
7836
,139
,994
2,97
3,45
119
9,81
2 -
- -
OTH
ER IN
VES
TMEN
TS
Cor
pora
te B
onds
-
- -
- 42
2,35
6 -
- -
- -
Infr
astr
uctu
re B
onds
-
- -
- -
- -
- -
-
Equ
ity
1,82
6,00
948
7,57
624
1,91
358
31,
842,
725
145,
011
- -
- -
Mon
ey M
arke
t -
- -
- -
- -
- -
-
Mut
ual F
und
- -
- -
- -
- -
- -
Ven
ture
Cap
ital F
und
- -
- -
21,7
93 -
- -
- -
Tot
al
1,8
26,0
09
487
,576
2
41,9
13
583
2
,286
,874
1
45,0
11
- -
- -
Gra
nd T
otal
8
,289
,448
2
,479
,183
1
,193
,170
2
3,46
1 3
8,42
6,86
8 3
,118
,462
1
99,8
12
- -
-
% o
f App
rove
d to
Tot
al77
.97%
80.3
3%79
.73%
97.5
2%94
.05%
95.3
5%10
0.00
% -
- -
% o
f Oth
er th
an A
ppro
ved
to T
otal
22.0
3%19
.67%
20.2
7%2.
48%
5.95
%4.
65%
0.00
% -
- -
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SCH
EDU
LE F
2 : I
NV
ESTM
ENTS
Sc
hedu
les t
o Fu
nd R
even
ue A
ccou
nt a
s at
31st
Mar
ch 2
012
(Am
ount
in R
s '0
00 )
72
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Part
icul
ars
Blu
e Ch
ip
Equi
ty F
und
Bon
d Fu
nd
Bon
d Pe
nsio
n Fu
nd
Cap
ital
Gua
rant
ee
Fund
- 201
2 C
apit
al G
uara
ntee
Fu
nd- 2
014
Cap
ital
Gua
rant
ee
Fund
- 201
7 C
apit
al S
hiel
d-I
Cap
ital
Shi
eld-
II C
ash
Fund
C
ash
Plus
Fun
d
APP
ROV
ED IN
VES
TMEN
TS
Gov
ernm
ent B
onds
-
714,
217
146,
000
2,51
01,
683
11,6
59 -
- -
-
Cor
pora
te B
onds
-
1,11
2,42
125
1,60
2 -
- -
185,
574
- -
-
Infr
astr
uctu
re B
onds
-
1,76
9,64
173
8,30
32,
001
- 2,
259
426,
436
- -
-
Equ
ity
1,39
0,21
2 -
- -
1,66
613
,360
85,1
63 -
- -
Mon
ey M
arke
t 13
3,71
81,
768,
256
403,
798
12,6
06 -
600
400
2,59
865
6,10
977
2,88
1
Mut
ual F
und
- -
- -
- -
- -
- -
Ban
k Fi
xed
Dep
osits
-
1,79
0,69
047
1,50
03,
500
630
350
167,
960
- 85
,000
92,2
00
Equ
ity L
inke
d D
eben
ture
-
- -
- -
- -
578,
068
- -
Tot
al
1,52
3,93
07,
155,
225
2,01
1,20
320
,617
3,97
928
,228
865,
533
580,
666
741,
109
865,
081
OTH
ER IN
VES
TMEN
TS
Cor
pora
te B
onds
-
110,
635
20,1
15 -
- -
- -
- -
Infr
astr
uctu
re B
onds
-
- -
- -
- -
- -
-
Equ
ity
- -
- -
6552
25,
179
- -
-
Mon
ey M
arke
t -
- -
- -
- -
- -
-
Mut
ual F
und
- -
- -
- -
- -
- -
Ven
ture
Cap
ital F
und
- -
- -
- -
- -
- -
Tot
al
- 1
10,6
35
20,
115
- 6
5 5
22
5,1
79
- -
-
Gra
nd T
otal
1
,523
,930
7
,265
,860
2
,031
,318
2
0,61
7 4
,044
2
8,75
0 8
70,7
12
580
,666
7
41,1
09
865
,081
% o
f App
rove
d to
Tot
al10
0.00
%98
.48%
99.0
1%10
0.00
%98
.39%
98.1
8%99
.41%
100.
00%
100.
00%
100.
00%
% o
f Oth
er th
an A
ppro
ved
to T
otal
0.00
%1.
52%
0.99
%0.
00%
1.61
%1.
82%
0.59
%0.
00%
0.00
%0.
00%
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SC
HED
ULE
F2
: IN
VES
TMEN
TS
Sche
dule
s to
Fund
Rev
enue
Acc
ount
as a
t 31
st M
arch
201
2(A
mou
nt in
Rs '
000)
73
Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)
Part
icul
ars
Cas
h Pl
us
Pens
ion
Fund
D
ebt F
und
Deb
t Plu
s Fu
nd
Deb
t Plu
s Pe
nsio
n Fu
nd
Equ
ity
Fund
E
quit
y G
ain
Fund
E
quit
y G
row
th
Fund
E
quit
y G
row
th
Fund
II
Equ
ity
Gro
wth
Pe
nsio
n Fu
nd
Equ
ity
Inde
x Fu
nd
APP
ROV
ED IN
VES
TMEN
TS
Gov
ernm
ent B
onds
-
135,
237
83,8
6820
,210
- -
- -
- -
Cor
pora
te B
onds
-
198,
466
177,
389
24,0
45 -
- -
- -
-
Infr
astr
uctu
re B
onds
-
209,
456
257,
117
3,37
3 -
- -
- -
-
Equ
ity
- -
- -
2,80
8,90
54,
934,
220
58,4
61,1
963,
876,
027
3,05
0,29
61,
478,
486
Mon
ey M
arke
t 39
,224
85,1
6114
7,66
443
,837
13,1
8217
9,23
59,
030,
082
587,
703
349,
009
7,40
2
Mut
ual F
und
- -
- -
- -
- -
- -
Ban
k Fi
xed
Dep
osits
5,
800
145,
000
263,
950
14,0
001,
000
100,
670
1,13
0,02
0 -
50,0
00 -
Equ
ity L
inke
d D
eben
ture
-
- -
- -
- -
- -
-
Tot
al
45,0
2477
3,32
092
9,98
810
5,46
52,
823,
087
5,21
4,12
568
,621
,298
4,46
3,73
03,
449,
305
1,48
5,88
8
OTH
ER IN
VES
TMEN
TS
Cor
pora
te B
onds
-
10,0
5810
,058
- -
- -
- -
-
Infr
astr
uctu
re B
onds
-
- -
- -
- -
- -
-
Equ
ity
- -
- -
109,
846
1,03
2,77
03,
830,
202
252,
297
198,
587
57,8
21
Mon
ey M
arke
t -
- -
- -
- -
- -
-
Mut
ual F
und
- -
- -
- -
- -
- -
Ven
ture
Cap
ital F
und
- -
- -
- -
- -
- -
Tot
al
- 1
0,05
8 1
0,05
8 -
109
,846
1
,032
,770
3
,830
,202
2
52,2
97
198
,587
5
7,82
1
Gra
nd T
otal
4
5,02
4 7
83,3
78
940
,046
1
05,4
65
2,9
32,9
33
6,2
46,8
95
72,
451,
500
4,7
16,0
27
3,6
47,8
92
1,5
43,7
09
% o
f App
rove
d to
Tot
al10
0.00
%98
.72%
98.9
3%10
0.00
%96
.25%
83.4
7%94
.71%
94.6
5%94
.56%
96.2
5%
% o
f Oth
er th
an A
ppro
ved
to T
otal
0.00
%1.
28%
1.07
%0.
00%
3.75
%16
.53%
5.29
%5.
35%
5.44
%3.
75%
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SC
HED
ULE
F2
: IN
VES
TMEN
TS
Sche
dule
s to
Fund
Rev
enue
Acc
ount
as a
t 31
st M
arch
201
2(A
mou
nt in
Rs '
000)
74
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Part
icul
ars
Equ
ity
Inde
x Fu
nd -
II E
quit
y In
dex
Pens
ion
Fund
E
quit
y In
dex
Pens
ion
Fund
- II
Equ
ity
Mid
cap
Fund
E
quit
y M
idca
p Pe
nsio
n Fu
nd
Equ
ity
Mid
cap
Plus
Fu
nd
Equ
ity
Plus
Fun
d E
quit
y Pl
us
Pens
ion
Fund
G
roup
Ass
et
Allo
cati
on F
und
Gro
up B
lue
Chip
Fun
d
APP
ROV
ED IN
VES
TMEN
TS
Gov
ernm
ent B
onds
-
- -
- -
- -
- 15
,316
-
Corp
orat
e Bo
nds
- -
- -
- -
- -
12,7
23 -
Infr
astr
uctu
re B
onds
-
- -
- -
- -
- 49
6,51
2 -
Equi
ty
75,1
47,5
4896
,999
6,53
2,74
769
0,22
560
,582
1,01
3,81
56,
532,
645
389,
773
712,
130
26,4
87
Mon
ey M
arke
t 1,
124,
782
400
46,4
7577
,395
8,59
913
1,44
969
9,88
364
,355
576,
338
4,10
8
Mut
ual F
und
- -
- -
- -
- -
- -
Bank
Fix
ed D
epos
its
11,1
00 -
- -
- -
32,9
0030
014
3,40
0 -
Equi
ty L
inke
d D
eben
ture
-
- -
- -
- -
- -
-
Tot
al
76,2
83,4
3097
,399
6,57
9,22
276
7,62
069
,181
1,14
5,26
47,
265,
428
454,
428
1,95
6,41
930
,595
OTH
ER IN
VES
TMEN
TS
Corp
orat
e Bo
nds
- -
- -
- -
- -
- -
Infr
astr
uctu
re B
onds
-
- -
- -
- -
- -
-
Equi
ty
2,94
3,34
03,
850
255,
471
209,
552
18,1
6630
3,96
51,
266,
399
25,3
6084
,322
-
Mon
ey M
arke
t -
- -
- -
- -
- -
-
Mut
ual F
und
- -
- -
- -
- -
- -
Vent
ure
Capi
tal F
und
- -
- -
- -
- -
- -
Tot
al
2,9
43,3
40
3,8
50
255
,471
2
09,5
52
18,
166
303
,965
1
,266
,399
2
5,36
0 8
4,32
2 -
Gra
nd T
otal
7
9,22
6,77
0 1
01,2
49
6,8
34,6
93
977
,172
8
7,34
7 1
,449
,229
8
,531
,827
4
79,7
88
2,0
40,7
41
30,
595
% o
f App
rove
d to
Tot
al96
.28%
96.2
0%96
.26%
78.5
6%79
.20%
79.0
3%85
.16%
94.7
1%95
.87%
100.
00%
% o
f Oth
er th
an A
ppro
ved
to T
otal
3.72
%3.
80%
3.74
%21
.44%
20.8
0%20
.97%
14.8
4%5.
29%
4.13
%0.
00%
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SC
HED
ULE
F2
: IN
VES
TMEN
TS
Sche
dule
s to
Fund
Rev
enue
Acc
ount
as a
t 31
st M
arch
201
2(A
mou
nt in
Rs '
000)
Annual Report 2011-2012
75
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)
Part
icul
ars
Gro
up D
ebt
Fund
G
roup
Equ
ity
Inde
x Fu
nd
Gro
up E
quit
y Fu
nd
Gro
up G
row
th
Fund
- I
Gro
up G
row
th F
und
II G
roup
Liq
uid
Fund
G
roup
Ret
urn
Shie
ld F
und
Gro
up S
hort
Te
rm D
ebt F
und
Gro
up S
hort
Ter
m
Deb
t Fun
d II
Gro
wth
Plu
s Fu
nd I
APP
ROV
ED IN
VES
TMEN
TS
Gov
ernm
ent B
onds
30
,315
- -
- -
- -
9,27
8 -
-
Corp
orat
e Bo
nds
106,
895
- -
- -
- 9,
930
6,79
1 -
24,4
42
Infr
astr
uctu
re B
onds
25
8,87
3 -
- -
93,6
03 -
47,7
4842
,147
- 12
0,33
9
Equi
ty
- 1,
659,
329
84,6
23 -
- -
4,81
0 -
- -
Mon
ey M
arke
t 21
9,33
38,
809
18,9
68 -
5,39
529
8,67
54,
903
600
23,6
0515
,748
Mut
ual F
und
- -
- -
- -
- -
- -
Bank
Fix
ed D
epos
its
197,
900
- -
- 83
,800
20,5
0031
,600
20,8
00 -
60,2
00
Equi
ty L
inke
d D
eben
ture
-
- -
- -
- -
- -
-
Tot
al
813,
316
1,66
8,13
810
3,59
1 -
182,
798
319,
175
98,9
9179
,616
23,6
0522
0,72
9
OTH
ER IN
VES
TMEN
TS
Corp
orat
e Bo
nds
- -
- -
- -
- -
- -
Infr
astr
uctu
re B
onds
-
- -
- -
- -
- -
-
Equi
ty
- 64
,847
5,51
0 -
- -
313
- -
-
Mon
ey M
arke
t -
- -
- -
- -
- -
-
Mut
ual F
und
- -
- -
- -
- -
- -
Vent
ure
Capi
tal F
und
- -
- -
- -
- -
- -
Tot
al
- 6
4,84
7 5
,510
-
- -
313
-
- -
Gra
nd T
otal
8
13,3
16
1,7
32,9
85
109
,101
-
182
,798
3
19,1
75
99,
304
79,
616
23,
605
220
,729
% o
f App
rove
d to
Tot
al10
0.00
%96
.26%
94.9
5% -
100.
00%
100.
00%
99.6
8%10
0.00
%10
0.00
%10
0.00
%
% o
f Oth
er th
an A
ppro
ved
to T
otal
0.00
%3.
74%
5.05
% -
0.00
%0.
00%
0.32
%0.
00%
0.00
%0.
00%
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SC
HED
ULE
F2
: IN
VES
TMEN
TS
Sche
dule
s to
Fund
Rev
enue
Acc
ount
as a
t 31
st M
arch
201
2(A
mou
nt in
Rs '
000)
76
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Part
icul
ars
Gro
wth
Plu
s Fu
nd II
G
row
th P
lus
Fund
III
Gua
rant
eed
Bond
Fu
nd
Life
Lon
g G
ain
Fund
L
iqui
d Fu
nd
Liq
uid
Pens
ion
Fund
M
ax G
ain
Fund
I M
ax G
ain
Fund
II
Pre
mie
r Ba
lanc
ed F
und
Pre
mie
r Bon
d Fu
nd
APP
ROV
ED IN
VES
TMEN
TS
Gov
ernm
ent B
onds
-
- 31
6,71
512
2,31
5 -
- -
- -
63,9
33
Cor
pora
te B
onds
-
1,00
597
,072
17,4
30 -
- -
- -
57,9
31
Infr
astr
uctu
re B
onds
-
- 84
4,68
535
,042
- -
205,
540
- -
88,8
91
Equ
ity
- 38
,350
- -
- -
5,28
2,70
458
8,77
9 -
-
Mon
ey M
arke
t 5,
989
5,03
748
,042
39,3
352,
133,
936
208,
653
2,94
1,29
929
5,95
0 -
65,8
02
Mut
ual F
und
- -
- -
- -
- -
- -
Ban
k Fi
xed
Dep
osits
-
1,90
031
7,50
01,
000
457,
250
44,5
00 -
- -
70,7
00
Equ
ity L
inke
d D
eben
ture
52
,216
- -
- -
- -
- -
-
Tot
al
58,2
0546
,292
1,62
4,01
421
5,12
22,
591,
186
253,
153
8,42
9,54
388
4,72
9 -
347,
257
OTH
ER IN
VES
TMEN
TS
Cor
pora
te B
onds
-
- -
- -
- -
- -
-
Infr
astr
uctu
re B
onds
-
- -
- -
- -
- -
-
Equ
ity
- 2,
483
- -
- -
216,
654
23,9
52 -
-
Mon
ey M
arke
t -
- -
- -
- -
- -
-
Mut
ual F
und
- -
- -
- -
- -
- -
Ven
ture
Cap
ital F
und
- -
- -
- -
- -
- -
Tot
al
- 2
,483
-
- -
- 2
16,6
54
23,
952
- -
Gra
nd T
otal
5
8,20
5 4
8,77
5 1
,624
,014
2
15,1
22
2,5
91,1
86
253
,153
8
,646
,197
9
08,6
81
- 3
47,2
57
% o
f App
rove
d to
Tot
al10
0.00
%94
.91%
100.
00%
100.
00%
100.
00%
100.
00%
97.4
9%97
.36%
- 10
0.00
%
% o
f Oth
er th
an A
ppro
ved
to T
otal
0.00
%5.
09%
0.00
%0.
00%
0.00
%0.
00%
2.51
%2.
64%
- 0.
00%
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SC
HED
ULE
F2
: IN
VES
TMEN
TS
Sche
dule
s to
Fund
Rev
enue
Acc
ount
as a
t 31
st M
arch
201
2(A
mou
nt in
Rs '
000)
Annual Report 2011-2012
77
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)
Part
icul
ars
Pre
mie
r D
ebt F
und
Pre
mie
r Equ
ity
Fund
P
rem
ier E
quit
y G
ain
Fund
P
rem
ier E
quit
y G
row
th F
und
Pre
mie
r Equ
ity
Inde
x Fu
nd
Pur
e Eq
uity
Fun
d P
ure
Stoc
k Fu
nd
Pur
e St
ock
Pens
ion
Fund
S
ecur
e Fu
nd
Shi
eld
Plus
Fun
d I
APP
ROV
ED IN
VES
TMEN
TS
Gov
ernm
ent B
onds
10
,105
- -
- -
- -
- 25
3,44
7 -
Cor
pora
te B
onds
23
,598
- -
- -
- -
- 99
,680
147,
564
Infr
astr
uctu
re B
onds
11
,594
- -
- -
- -
- 42
8,48
81,
240,
091
Equ
ity
- 25
8,74
141
0,05
41,
267,
034
1,00
7,83
761
2,99
33,
624,
720
197,
244
165,
941
331,
392
Mon
ey M
arke
t 31
,987
1,19
948
,974
161,
412
4,99
041
,806
345,
248
- 24
5,29
531
,371
Mut
ual F
und
- -
- -
- -
- -
- -
Ban
k Fi
xed
Dep
osits
31
,700
- -
500
- -
- -
159,
000
1,02
5,00
0
Equ
ity L
inke
d D
eben
ture
-
- -
- -
- -
- -
-
Tot
al
108,
984
259,
940
459,
028
1,42
8,94
61,
012,
827
654,
799
3,96
9,96
819
7,24
41,
351,
851
2,77
5,41
8
OTH
ER IN
VES
TMEN
TS
Cor
pora
te B
onds
-
- -
- -
- -
- -
-
Infr
astr
uctu
re B
onds
-
- -
- -
- -
- -
-
Equ
ity
- 10
,249
26,6
8782
,517
39,4
6867
,284
392,
325
25,2
5711
,050
19,8
34
Mon
ey M
arke
t -
- -
- -
- -
- -
-
Mut
ual F
und
- -
- -
- -
- -
- -
Ven
ture
Cap
ital F
und
- -
- -
- -
- -
- -
Tot
al
- 1
0,24
9 2
6,68
7 8
2,51
7 3
9,46
8 6
7,28
4 3
92,3
25
25,
257
11,
050
19,
834
Gra
nd T
otal
1
08,9
84
270
,189
4
85,7
15
1,5
11,4
63
1,0
52,2
95
722
,083
4
,362
,293
2
22,5
01
1,3
62,9
01
2,7
95,2
52
% o
f App
rove
d to
Tot
al10
0.00
%96
.21%
94.5
1%94
.54%
96.2
5%90
.68%
91.0
1%88
.65%
99.1
9%99
.29%
% o
f Oth
er th
an A
ppro
ved
to T
otal
0.00
%3.
79%
5.49
%5.
46%
3.75
%9.
32%
8.99
%11
.35%
0.81
%0.
71%
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SCH
EDU
LE F
2 : I
NV
ESTM
ENTS
Sc
hedu
les t
o Fu
nd R
even
ue A
ccou
nt a
s at
31st
Mar
ch 2
012
(Am
ount
in R
s '00
0)
78
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Part
icul
ars
Shi
eld
Plus
Fun
d II
Shi
eld
Plus
Fun
d III
S
hiel
d Pl
us F
und
IV
Sta
ble
Fund
T
otal
APP
ROV
ED IN
VES
TMEN
TS
Gov
ernm
ent B
onds
-
- -
95,5
034,
219,
740
Cor
pora
te B
onds
62
,127
97,9
938,
929
121,
155
7,73
5,25
1
Infr
astr
uctu
re B
onds
32
9,45
654
7,40
078
,903
105,
448
19,0
89,9
87
Equ
ity
90,8
0112
8,88
415
,401
176,
430
208,
340,
650
Mon
ey M
arke
t 22
,448
15,7
4099
932
,300
27,8
80,0
43
Mut
ual F
und
- -
- -
-
Ban
k Fi
xed
Dep
osits
26
0,00
029
4,00
037
,400
45,0
009,
483,
200
Equ
ity L
inke
d D
eben
ture
-
- -
- 1,
094,
136
Tot
al
764,
832
1,08
4,01
714
1,63
257
5,83
627
7,84
3,00
7
OTH
ER IN
VES
TMEN
TS
Cor
pora
te B
onds
-
- -
- 57
3,22
2
Infr
astr
uctu
re B
onds
-
- -
- -
Equ
ity
5,43
67,
749
919
11,7
4816
,155
,813
Mon
ey M
arke
t -
- -
- -
Mut
ual F
und
- -
- -
-
Ven
ture
Cap
ital F
und
- -
- -
21,7
93
Tot
al
5,4
36
7,7
49
919
1
1,74
8 16
,750
,828
Gra
nd T
otal
7
70,2
68
1,0
91,7
66
142
,551
5
87,5
84
294,
593,
835
% o
f App
rove
d to
Tot
al99
.29%
99.2
9%99
.36%
98.0
0%94
.31%
% o
f Oth
er th
an A
ppro
ved
to T
otal
0.71
%0.
71%
0.64
%2.
00%
5.69
%
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SCH
EDU
LE F
2 : I
NV
ESTM
ENTS
Sc
hedu
les t
o Fu
nd R
even
ue A
ccou
nt a
s at
31st
Mar
ch 2
012
(Am
ount
in R
s '00
0)
Annual Report 2011-2012
79
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)
Par
ticu
lars
A
cc M
id C
ap
Fund
A
cc M
id C
ap
Fund
II
Acc
Mid
Cap
Pen
sion
Fu
nd
Acc
eler
ated
Fu
nd
Ass
et A
lloca
tion
Fu
nd
Ass
et A
lloca
tion
Pen
sion
Fu
nd
Ass
ured
Re
turn
Fun
d B
alan
ced
Fund
B
alan
ced
Plus
Fun
d B
alan
ced
Plus
Pe
nsio
n Fu
nd
Acc
ured
Inte
rest
-
- -
800
7
33,1
22
60,
872
8,1
01
- -
-
Ban
k Ba
lanc
es
89
19
85
15
110
8
4 4
9 -
- -
Div
iden
d Re
ceiv
able
6
,587
1
,654
8
21
- -
- -
- -
-
Rec
eiva
bles
for S
ale
of In
vest
men
ts
- -
- -
368
,344
-
- -
- -
Mar
gin
Rece
ivab
le
- -
- -
- -
- -
- -
App
ropr
iatio
n / E
xpro
pria
tion
(Ass
ets)
-
- -
- -
- -
- -
-
App
licat
ion
Mon
ey
- -
- -
- -
- -
- -
Uni
t Col
lect
ion
Acco
unt
5,8
68
37,
950
1,7
55
21
17,
720
- 7
,632
-
- -
Tot
al
12,
544
39,
623
2,6
61
836
1
,119
,296
6
0,95
6 1
5,78
2 -
- -
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SC
HED
ULE
F3:
CU
RREN
T A
SSET
S Sc
hedu
les t
o Fu
nd R
even
ue A
ccou
nt a
s at
31st
Mar
ch 2
012
Par
ticu
lars
B
lue
Chip
Eq
uity
Fun
d B
ond
Fund
B
ond
Pens
ion
Fund
C
apit
al
Gua
rant
ee
Fund
- 201
2
Cap
ital
Gua
rant
ee
Fund
- 201
4 C
apit
al G
uara
ntee
Fun
d-
2017
C
apit
al S
hiel
d-I
Cap
ital
Sh
ield
-II
Cas
h Fu
nd
Cas
h Pl
us
Fund
Acc
ured
Inte
rest
-
384
,847
9
0,21
8 5
36
307
5
48
84,
281
34,
483
5,2
23
6,6
60
Ban
k Ba
lanc
es
112
5
7 7
0 2
5 7
5 1
05
48
43
16
73
Div
iden
d Re
ceiv
able
1
,516
-
- -
- 3
-
- -
-
Rec
eiva
bles
for S
ale
of In
vest
men
ts
- 4
34,4
26
7,0
00
- -
- -
- -
-
Mar
gin
Rece
ivab
le
- -
- -
- -
- -
- -
App
ropr
iatio
n / E
xpro
pria
tion
(Ass
ets)
-
- -
- -
- -
- -
-
App
licat
ion
Mon
ey
- -
- -
- -
- -
- -
Uni
t Col
lect
ion
Acco
unt
39,
073
67,
077
- -
- -
- -
5,2
36
9,1
88
Tota
l 4
0,70
1 8
86,4
07
97,
288
561
3
82
656
8
4,32
9 3
4,52
6 1
0,47
5 1
5,92
1
Par
ticu
lars
C
ash
Plus
Pe
nsio
n Fu
nd
Deb
t Fun
d D
ebt P
lus
Fund
D
ebt P
lus
Pens
ion
Fund
E
quit
y Fu
nd
Equ
ity
Gai
n Fu
nd
Equ
ity
Gro
wth
Fu
nd
Equ
ity
Gro
wth
Fu
nd II
Equ
ity
Gro
wth
Pe
nsio
n Fu
nd
Equ
ity
Inde
x Fu
nd
Acc
ured
Inte
rest
4
99
33,
287
50,
470
2,6
61
126
1
2,86
1 1
31,5
22
- 6
,295
-
Ban
k Ba
lanc
es
46
29
18
68
108
9
3 2
,000
6
7 8
2 8
8
Div
iden
d Re
ceiv
able
-
- -
- 5
51
100
2
1,34
2 1
,260
1
,132
2
93
Rec
eiva
bles
for S
ale
of In
vest
men
ts
- 5
,000
7
3,16
6 8
00
- 8
7,00
6 8
5,88
1 5
,204
4
,093
-
Mar
gin
Rece
ivab
le
- -
- -
- 3
,625
-
- -
-
App
ropr
iatio
n / E
xpro
pria
tion
(Ass
ets)
-
- -
- -
- -
- -
-
App
licat
ion
Mon
ey
- -
- -
- -
- -
- -
Uni
t Col
lect
ion
Acco
unt
38
1,3
41
2,0
61
145
-
1,3
70
- 4
9,90
4 -
1,3
00
Tota
l 5
83
39,
657
125
,715
3
,674
7
85
105
,055
2
40,7
45
56,
435
11,
602
1,6
81
(Am
ount
in R
s '00
0)
80
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Par
ticu
lars
E
quit
y In
dex
Fund
- II
Equ
ity
Inde
x Pe
nsio
n Fu
nd
Equ
ity
Inde
x Pe
nsio
n Fu
nd -
II E
quit
y M
idca
p Fu
nd
Equ
ity
Mid
cap
Pens
ion
Fund
E
quit
y M
idca
p Pl
us F
und
Equ
ity
Plus
Fu
nd
Equ
ity
Plus
Pe
nsio
n Fu
nd
Gro
up A
sset
A
lloca
tion
Fu
nd
Gro
up B
lue
Chip
Fun
d
Acc
ured
Inte
rest
1
,409
-
- -
- -
4,3
09
117
3
7,83
7 -
Ban
k Ba
lanc
es
99
92
77
119
7
6 7
5 1
01
111
9
5 1
12
Div
iden
d Re
ceiv
able
1
5,37
9 1
9 1
,287
7
06
62
1,0
34
- 1
53
- 2
5
Rec
eiva
bles
for S
ale
of In
vest
men
ts
994
,580
-
- -
- -
37,
297
519
-
-
Mar
gin
Rece
ivab
le
- -
- 5
71
- -
- -
- -
App
ropr
iatio
n / E
xpro
pria
tion
(Ass
ets)
-
- -
- -
- -
- -
-
App
licat
ion
Mon
ey
- -
- -
- -
- -
- -
Uni
t Col
lect
ion
Acco
unt
- -
9,8
13
1,2
10
- 1
,923
5
,008
-
92,
343
16,
609
Tot
al
1,0
11,4
67
111
1
1,17
7 2
,606
1
38
3,0
32
46,
715
900
1
30,2
75
16,
746
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SCH
EDU
LE F
3: C
URR
ENT
ASS
ETS
Sche
dule
s to
Fund
Rev
enue
Acc
ount
as a
t 31
st M
arch
201
2
Par
ticu
lars
G
roup
Deb
t Fu
nd
Gro
up
Equi
ty In
dex
Fund
Gro
up E
quit
y Fu
nd
Gro
up G
row
th
Fund
- I
Gro
up G
row
th
Fund
II
Gro
up L
iqui
d Fu
nd
Gro
up R
etur
n Sh
ield
Fun
d G
roup
Sho
rt
Term
Deb
t Fu
nd
Gro
up S
hort
Te
rm D
ebt
Fund
II
Gro
wth
Plu
s Fu
nd I
Acc
ured
Inte
rest
3
9,17
8 -
- -
9,4
79
1,0
25
5,8
60
4,7
63
- 9
,719
Ban
k Ba
lanc
es
111
1
24
57
- 6
0 1
09
11
59
137
8
6
Div
iden
d Re
ceiv
able
-
299
2
8 -
- -
- -
- -
Rec
eiva
bles
for S
ale
of In
vest
men
ts
60,
906
- 1
23
- -
- -
- -
-
Mar
gin
Rece
ivab
le
- -
- -
- -
- -
- -
App
ropr
iatio
n / E
xpro
pria
tion
(Ass
ets)
-
- -
- -
- -
- -
-
App
licat
ion
Mon
ey
- -
- -
- -
- -
- -
Uni
t Col
lect
ion
Acco
unt
93,
549
11,
868
26,
986
- -
5,3
18
- -
149
-
Tota
l 1
93,7
44
12,
291
27,
194
- 9
,539
6
,452
5
,871
4
,822
2
86
9,8
05
Par
ticu
lars
G
row
th P
lus
Fund
II
Gro
wth
Plu
s Fu
nd II
I G
uara
ntee
d Bo
nd
Fund
L
ife L
ong
Gai
n Fu
nd
Liq
uid
Fund
L
iqui
d Pe
nsio
n Fu
nd
Max
Gai
n Fu
nd I
Max
Gai
n Fu
nd II
P
rem
ier
Bala
nced
Fu
nd
Pre
mie
r Bon
d Fu
nd
Acc
ured
Inte
rest
-
773
4
8,85
4 6
,284
4
0,62
3 3
,812
-
- -
14,
545
Ban
k Ba
lanc
es
77
96
141
1
6 1
9 7
3 6
0 1
08
- 5
4
Div
iden
d Re
ceiv
able
-
16
- -
- -
596
6
4 -
-
Rec
eiva
bles
for S
ale
of In
vest
men
ts
- 5
7 -
- -
- -
- -
-
Mar
gin
Rece
ivab
le
- -
- -
- -
- -
- -
App
ropr
iatio
n / E
xpro
pria
tion
(Ass
ets)
-
- -
- -
- -
- -
-
App
licat
ion
Mon
ey
- -
- -
- -
- -
- -
Uni
t Col
lect
ion
Acco
unt
- -
293
,416
9
18
14,
296
- 2
03,0
02
10,
672
- -
Tota
l 7
7 9
42
342
,411
7
,218
5
4,93
8 3
,885
2
03,6
58
10,
844
- 1
4,59
9
(Am
ount
in R
s '00
0)
Annual Report 2011-2012
81
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)
Par
ticu
lars
P
rem
ier D
ebt
Fund
P
rem
ier
Equi
ty F
und
Pre
mie
r Equ
ity
Gai
n Fu
nd
Pre
mie
r Equ
ity
Gro
wth
Fun
d P
rem
ier E
quit
y In
dex
Fund
P
ure
Equi
ty F
und
Pur
e St
ock
Fund
P
ure
Stoc
k Pe
nsio
n Fu
nd
Sec
ure
Fund
S
hiel
d Pl
us
Fund
I
Acc
ured
Inte
rest
3
,845
-
- 6
3 -
- -
- 4
3,52
9 1
53,3
71
Ban
k Ba
lanc
es
78
94
45
13
79
62
100
3
1,38
2 3
6 1
27
Div
iden
d Re
ceiv
able
-
52
155
4
74
201
1
49
871
3
24
- -
Rec
eiva
bles
for S
ale
of In
vest
men
ts
- -
549
1
,683
-
- -
2,7
74
10,
521
-
Mar
gin
Rece
ivab
le
- -
- -
- -
- -
- -
App
ropr
iatio
n / E
xpro
pria
tion
(Ass
ets)
-
- -
- -
- -
- -
-
App
licat
ion
Mon
ey
- -
- -
- -
- -
- -
Uni
t Col
lect
ion
Acco
unt
125
-
- -
- -
11,
659
1,9
13
28,
978
-
Tot
al
4,0
48
146
7
49
2,2
33
280
2
11
12,
630
36,
393
83,
064
153
,498
Par
ticu
lars
S
hiel
d Pl
us
Fund
II
Shi
eld
Plus
Fu
nd II
I S
hiel
d Pl
us F
und
IV
Sta
ble
Fund
To
tal
Acc
ured
Inte
rest
4
1,66
5 6
1,15
2 8
,203
1
3,55
0 2,
201,
684
Ban
k Ba
lanc
es
27
110
4
4 1
14
38,3
40
Div
iden
d Re
ceiv
able
-
- -
- 57
,153
Rec
eiva
bles
for S
ale
of In
vest
men
ts
- -
- 1
07,2
06
2,28
7,13
5
Mar
gin
Rece
ivab
le
- -
- -
4,19
6
App
ropr
iatio
n / E
xpro
pria
tion
(Ass
ets)
-
- -
- -
App
licat
ion
Mon
ey
- -
- -
-
Uni
t Col
lect
ion
Acco
unt
- -
- 2
92
1,07
7,72
6
Tot
al
41,
692
61,
262
8,2
47
121
,162
5,
666,
234
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SCH
EDU
LE F
3: C
URR
ENT
ASS
ETS
Sche
dule
s to
Fund
Rev
enue
Acc
ount
as a
t 31
st M
arch
201
2(A
mou
nt in
Rs '
000)
82
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Par
ticu
lars
A
cc M
id C
ap
Fund
A
cc M
id C
ap
Fund
II
Acc
Mid
Cap
Pen
sion
Fu
nd
Acc
eler
ated
Fu
nd
Ass
et A
lloca
tion
Fu
nd
Ass
et A
lloca
tion
Pen
sion
Fu
nd
Ass
ured
Ret
urn
Fund
B
alan
ced
Fund
B
alan
ced
Plus
Fu
nd
Bal
ance
d Pl
us
Pens
ion
Fund
Pay
able
for p
urch
ase
of In
vest
men
ts
921
-
- -
- -
- -
- -
Oth
er C
urre
nt L
iabi
lity
438
1
01
49
1
1,5
00
121
8
-
- -
Uni
t Pay
able
Acc
ount
-
- -
- -
9,6
93
- -
- -
App
ropr
iatio
n / E
xpro
pria
tion
(Lia
bilit
ies)
-
- -
- -
- -
- -
-
Tot
al
1,3
59
101
4
9 1
1
,500
9
,814
8
-
- -
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SCH
EDU
LE F
4: C
URR
ENT
LIA
BILI
TIES
Sche
dule
s to
Fund
Rev
enue
Acc
ount
as a
t 31
st M
arch
201
2
Par
ticu
lars
B
lue
Chip
Eq
uity
Fun
d B
ond
Fund
B
ond
Pens
ion
Fund
C
apit
al
Gua
rant
ee F
und-
20
12
Cap
ital
Gua
rant
ee
Fund
- 201
4 C
apit
al G
uara
ntee
Fun
d-
2017
C
apit
al S
hiel
d-I
Cap
ital
Sh
ield
-II
Cas
h Fu
nd
Cas
h Pl
us F
und
Pay
able
for p
urch
ase
of In
vest
men
ts
- -
50,
234
- -
- -
- -
-
Oth
er C
urre
nt L
iabi
lity
58
507
1
46
1
- 1
7
9 6
1 5
1 2
0
Uni
t Pay
able
Acc
ount
-
- 8
15
8
2
16
957
1
,077
-
-
App
ropr
iatio
n / E
xpro
pria
tion
(Lia
bilit
ies)
-
- -
- -
- -
- -
-
Tot
al
58
507
5
1,19
5 9
2
1
7 1
,036
1
,138
5
1 2
0
Par
ticu
lars
C
ash
Plus
Pe
nsio
n Fu
nd
Deb
t Fun
d D
ebt P
lus
Fund
D
ebt P
lus
Pens
ion
Fund
E
quit
y Fu
nd
Equ
ity
Gai
n Fu
nd
Equ
ity
Gro
wth
Fu
nd
Equ
ity
Gro
wth
Fun
d II
Equ
ity
Gro
wth
Pe
nsio
n Fu
nd
Equ
ity
Inde
x Fu
nd
Pay
able
for p
urch
ase
of In
vest
men
ts
- 5
0,24
8 3
0,35
1 2
0,23
4 -
71,
644
- -
- -
Oth
er C
urre
nt L
iabi
lity
1
112
1
44
12
199
5
21
3,8
34
192
1
49
48
Uni
t Pay
able
Acc
ount
-
- -
- 9
59
- 3
5,89
1 -
4,0
73
-
App
ropr
iatio
n / E
xpro
pria
tion
(Lia
bilit
ies)
-
- -
- -
- -
- -
-
Tot
al
1
50,
360
30,
495
20,
246
1,1
58
72,
165
39,
725
192
4
,222
4
8
Par
ticu
lars
E
quit
y In
dex
Fund
- II
Equ
ity
Inde
x Pe
nsio
n Fu
nd
Equ
ity
Inde
x Pe
nsio
n Fu
nd -
II E
quit
y M
idca
p Fu
nd
Equ
ity
Mid
cap
Pens
ion
Fund
E
quit
y M
idca
p Pl
us F
und
Equ
ity
Plus
Fu
nd
Equ
ity
Plus
Pe
nsio
n Fu
nd
Gro
up A
sset
A
lloca
tion
Fu
nd
Gro
up B
lue
Chip
Fun
d
Pay
able
for p
urch
ase
of In
vest
men
ts
- -
- 2
,543
-
488
-
- -
-
Oth
er C
urre
nt L
iabi
lity
3,0
45
3
259
8
1 4
6
5 3
87
22
79
1
Uni
t Pay
able
Acc
ount
1
8,19
6 1
00
- -
938
-
- 1
04
- -
App
ropr
iatio
n / E
xpro
pria
tion
(Lia
bilit
ies)
-
- -
- -
- -
- -
-
Tot
al
21,
241
103
2
59
2,6
24
942
5
53
387
1
26
79
1
Par
ticu
lars
G
roup
Deb
t Fu
nd
Gro
up E
quit
y In
dex
Fund
G
roup
Equ
ity
Fund
G
roup
Gro
wth
Fu
nd -
I G
roup
Gro
wth
Fu
nd II
G
roup
Liq
uid
Fund
G
roup
Ret
urn
Shie
ld F
und
Gro
up S
hort
Te
rm D
ebt
Fund
Gro
up S
hort
Te
rm D
ebt
Fund
II
Gro
wth
Plu
s Fu
nd I
Pay
able
for p
urch
ase
of In
vest
men
ts
30,
351
- -
- -
- -
- -
-
Oth
er C
urre
nt L
iabi
lity
63
78
4
- 6
7
4
2
1
1
0
Uni
t Pay
able
Acc
ount
-
- -
- -
- 1
4 6
-
58
App
ropr
iatio
n / E
xpro
pria
tion
(Lia
bilit
ies)
-
- -
- -
- -
- -
-
Tot
al
30,
414
78
4
- 6
7
1
8 8
1
6
8
(Am
ount
in R
s '00
0)
Annual Report 2011-2012
83
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)
Par
ticu
lars
G
row
th
Plus
Fun
d II
Gro
wth
Plu
s Fu
nd II
I G
uara
ntee
d Bo
nd
Fund
L
ife L
ong
Gai
n Fu
nd
Liq
uid
Fund
L
iqui
d Pe
nsio
n Fu
nd
Max
Gai
n Fu
nd I
Max
Gai
n Fu
nd II
P
rem
ier
Bala
nced
Fu
nd
Pre
mie
r Bon
d Fu
nd
Pay
able
for p
urch
ase
of In
vest
men
ts
- -
50,
248
- -
- -
- -
10,
117
Oth
er C
urre
nt L
iabi
lity
2
2
50
15
78
8
391
4
1 -
29
Uni
t Pay
able
Acc
ount
3
0 -
- -
- 7
15
- -
- 6
2
App
ropr
iatio
n / E
xpro
pria
tion
(Lia
bilit
ies)
-
- -
- -
- -
- -
-
Tot
al
32
2
50,
298
15
78
723
3
91
41
- 1
0,20
8
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SC
HED
ULE
F4:
CU
RREN
T LI
ABI
LITI
ESSc
hedu
les t
o Fu
nd R
even
ue A
ccou
nt a
s at
31st
Mar
ch 2
012
Par
ticu
lars
P
rem
ier
Deb
t Fun
d P
rem
ier
Equi
ty F
und
Pre
mie
r Equ
ity
Gai
n Fu
nd
Pre
mie
r Equ
ity
Gro
wth
Fun
d P
rem
ier E
quit
y In
dex
Fund
P
ure
Equi
ty F
und
Pur
e St
ock
Fund
P
ure
Stoc
k Pe
nsio
n Fu
nd
Sec
ure
Fund
S
hiel
d Pl
us
Fund
I
Pay
able
for p
urch
ase
of In
vest
men
ts
10,
117
- -
- -
- -
- -
-
Oth
er C
urre
nt L
iabi
lity
7
19
33
126
8
7 3
3 1
78
10
51
120
Uni
t Pay
able
Acc
ount
-
564
1
,561
1
,696
1
,056
3
69
- -
- 8
83
App
ropr
iatio
n / E
xpro
pria
tion
(Lia
bilit
ies)
-
- -
- -
- -
- -
-
Tot
al
10,
124
583
1
,594
1
,822
1
,143
4
02
178
1
0 5
1 1
,003
Par
ticu
lars
S
hiel
d Pl
us
Fund
II
Shi
eld
Plus
Fu
nd II
I S
hiel
d Pl
us F
und
IV
Sta
ble
Fund
T
otal
Pay
able
for p
urch
ase
of In
vest
men
ts
- -
- -
327
,496
Oth
er C
urre
nt L
iabi
lity
33
47
7
50
13,
892
Uni
t Pay
able
Acc
ount
2
61
286
3
0 -
80,
420
App
ropr
iatio
n / E
xpro
pria
tion
(Lia
bilit
ies)
-
- -
- -
Tot
al
294
3
33
37
50
421
,808
(Am
ount
in R
s '0
00)
84
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Par
ticu
lars
A
cc M
id C
ap
Fund
A
cc M
id C
ap
Fund
II
Acc
Mid
Cap
Pen
sion
Fu
nd
Acc
eler
ated
Fun
d A
sset
Allo
cati
on
Fund
A
sset
Allo
cati
on P
ensi
on
Fund
A
ssur
ed
Retu
rn F
und
Bal
ance
d Fu
nd
Bal
ance
d Pl
us F
und
Bal
ance
d Pl
us
Pens
ion
Fund
Pol
icy
Adm
inis
trat
ion
Char
ge
168
,658
6
9,06
8 8
,599
3
1 1
,601
,172
2
5,05
6 -
- -
-
Sur
rend
er C
harg
e -
- -
- -
- -
- -
-
Sw
itchi
ng C
harg
e 6
9 -
6
- 9
1
-
- -
-
Mor
talit
y Ch
arge
8
0,66
9 2
3,43
3 1
,050
1
02
381
,131
4
,065
1
0,23
9 -
- -
Rid
er P
rem
ium
Cha
rge
13,
735
801
1
10
- 5
5,01
1 2
15
339
-
- -
Par
tial W
ithdr
awal
Cha
rge
- -
- -
- -
- -
- -
Mis
cella
neou
s Cha
rge
- -
- -
- -
- -
- -
Ser
vice
Tax
Exp
ense
s 4
3,19
4 1
6,69
4 3
,137
4
7 2
73,2
89
9,5
86
3,2
65
- -
-
Tot
al
306
,325
1
09,9
96
12,
902
180
2
,310
,612
3
8,92
3 1
3,84
3 -
- -
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SC
HED
ULE
F5:
OTH
ER E
XPE
NSE
SSc
hedu
les t
o Fu
nd R
even
ue A
ccou
nt a
s at
31st
Mar
ch 2
012
Par
ticu
lars
B
lue
Chip
Eq
uity
Fun
d B
ond
Fund
B
ond
Pens
ion
Fund
C
apit
al G
uara
ntee
Fu
nd- 2
012
Cap
ital
Gua
rant
ee
Fund
- 201
4 C
apit
al G
uara
ntee
Fun
d-
2017
C
apit
al S
hiel
d-I
Cap
ital
Sh
ield
-II
Cas
h Fu
nd
Cas
h Pl
us
Fund
Pol
icy
Adm
inis
trat
ion
Char
ge
20,
024
189
,656
6
,303
1
,172
7
4 5
66
- -
- 2
,480
Sur
rend
er C
harg
e -
- -
- -
- -
- -
-
Sw
itchi
ng C
harg
e -
329
4
0 -
- -
- -
42
147
Mor
talit
y Ch
arge
1
0,20
6 8
2,29
5 6
54
1,0
57
87
391
-
- 9
,195
5
,465
Rid
er P
rem
ium
Cha
rge
391
1
6,73
9 3
6 -
- -
- -
2,6
89
659
Par
tial W
ithdr
awal
Cha
rge
- -
- -
- -
- -
- -
Mis
cella
neou
s Cha
rge
- -
- -
- -
- -
- -
Ser
vice
Tax
Exp
ense
s 8
,895
4
4,08
7 4
,226
3
09
23
134
2
,865
2
,234
3
,036
2
,250
Tot
al
39,
516
333
,106
1
1,25
9 2
,538
1
84
1,0
91
2,8
65
2,2
34
14,
962
11,
001
Par
ticu
lars
C
ash
Plus
Pe
nsio
n Fu
nd
Deb
t Fun
d D
ebt P
lus
Fund
D
ebt P
lus
Pens
ion
Fund
E
quit
y Fu
nd
Equ
ity
Gai
n Fu
nd
Equ
ity
Gro
wth
Fu
nd
Equ
ity
Gro
wth
Fu
nd II
Equ
ity
Gro
wth
Pe
nsio
n Fu
nd
Equ
ity
Inde
x Fu
nd
Pol
icy
Adm
inis
trat
ion
Char
ge
179
1
3
,688
2
38
2
- 1
,530
,915
1
15,6
65
27,
596
10,
311
Sur
rend
er C
harg
e -
- -
- -
- -
- -
-
Sw
itchi
ng C
harg
e 5
1 6
8 2
19
35
45
95
88
- 9
1
07
Mor
talit
y Ch
arge
5
5 5
,901
6
,456
9
4 2
4,98
6 6
2,18
7 8
13,3
48
33,
161
1,8
11
11,
966
Rid
er P
rem
ium
Cha
rge
11
1,1
32
794
2
1 6
,070
1
0,83
2 1
29,0
72
875
8
5 1
,717
Par
tial W
ithdr
awal
Cha
rge
- -
- -
- -
- -
- -
Mis
cella
neou
s Cha
rge
- -
- -
- -
- -
- -
Ser
vice
Tax
Exp
ense
s 1
07
2,6
42
2,8
15
193
1
0,50
2 2
6,42
3 3
96,4
55
25,
571
9,5
16
4,8
45
Tot
al
403
9
,744
1
3,97
2 5
81
41,
605
99,
537
2,8
69,8
78
175
,272
3
9,01
7 2
8,94
6
(Am
ount
in R
s '00
0)
Annual Report 2011-2012
85
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)
Par
ticu
lars
E
quit
y In
dex
Fund
- II
Equ
ity
Inde
x Pe
nsio
n Fu
nd
Equ
ity
Inde
x Pe
nsio
n Fu
nd -
II E
quit
y M
idca
p Fu
nd
Equ
ity
Mid
cap
Pens
ion
Fund
E
quit
y M
idca
p Pl
us F
und
Equ
ity
Plus
Fu
nd
Equ
ity
Plus
Pe
nsio
n Fu
nd
Gro
up A
sset
A
lloca
tion
Fu
nd
Gro
up B
lue
Chip
Fun
d
Pol
icy
Adm
inis
trat
ion
Char
ge
2,6
63,5
77
388
6
3,44
3 -
286
4
,946
3
7,60
5 1
,990
7
,517
-
Sur
rend
er C
harg
e -
- -
- -
- -
- -
-
Sw
itchi
ng C
harg
e 3
23
23
44
24
3
49
251
8
9 -
-
Mor
talit
y Ch
arge
1
,009
,443
1
34
5,2
02
9,2
41
66
7,3
70
60,
443
448
3
8,82
8 5
0
Rid
er P
rem
ium
Cha
rge
155
,780
5
6 2
96
2,1
79
12
1,7
06
9,5
54
140
3
42
-
Par
tial W
ithdr
awal
Cha
rge
- -
- -
- -
- -
- -
Mis
cella
neou
s Cha
rge
- -
- -
- -
- -
- -
Ser
vice
Tax
Exp
ense
s 5
21,7
58
226
1
9,01
8 4
,129
1
85
3,9
02
25,
803
1,1
29
16,
859
479
Tot
al
4,3
50,8
81
827
8
8,00
3 1
5,57
3 5
52
17,
973
133
,656
3
,796
6
3,54
6 5
29
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SC
HED
ULE
F5:
OTH
ER E
XPE
NSE
SSc
hedu
les t
o Fu
nd R
even
ue A
ccou
nt a
s at
31st
Mar
ch 2
012
Par
ticu
lars
G
roup
Deb
t Fu
nd
Gro
up
Equi
ty In
dex
Fund
Gro
up E
quit
y Fu
nd
Gro
up G
row
th
Fund
- I
Gro
up G
row
th
Fund
II
Gro
up L
iqui
d Fu
nd
Gro
up R
etur
n Sh
ield
Fun
d G
roup
Sho
rt
Term
Deb
t Fu
nd
Gro
up S
hort
Te
rm D
ebt
Fund
II
Gro
wth
Plu
s Fu
nd I
Pol
icy
Adm
inis
trat
ion
Char
ge
804
8
,493
-
- -
332
-
44
105
4
,201
Sur
rend
er C
harg
e -
- -
- -
- -
- -
-
Sw
itchi
ng C
harg
e -
- -
- -
- -
- -
-
Mor
talit
y Ch
arge
8
,376
3
7,16
4 2
63
- -
2,1
05
398
3
05
166
6
72
Rid
er P
rem
ium
Cha
rge
5
583
-
- -
7
- -
- -
Par
tial W
ithdr
awal
Cha
rge
- -
- -
- -
- -
- -
Mis
cella
neou
s Cha
rge
- -
- -
- -
- -
- -
Ser
vice
Tax
Exp
ense
s 4
,781
1
1,55
1 1
,566
-
105
1
,019
1
,302
4
24
65
776
Tot
al
13,
966
57,
791
1,8
29
- 1
05
3,4
63
1,7
00
773
3
36
5,6
49
Par
ticu
lars
G
row
th P
lus
Fund
II
Gro
wth
Plu
s Fu
nd II
I G
uara
ntee
d Bo
nd
Fund
L
ife L
ong
Gai
n Fu
nd
Liq
uid
Fund
L
iqui
d Pe
nsio
n Fu
nd
Max
Gai
n Fu
nd I
Max
Gai
n Fu
nd II
P
rem
ier
Bala
nced
Fu
nd
Pre
mie
r Bon
d Fu
nd
Pol
icy
Adm
inis
trat
ion
Char
ge
1,4
07
895
6
,947
-
90,
325
972
2
86,7
32
6,8
24
- 2
,173
Sur
rend
er C
harg
e -
- -
- -
- -
- -
-
Sw
itchi
ng C
harg
e -
- -
- 9
8 1
1 -
- -
29
Mor
talit
y Ch
arge
2
95
183
3
,573
6
05
37,
782
74
48,
486
30,
847
- 1
,557
Rid
er P
rem
ium
Cha
rge
- 6
-
67
10,
415
5
952
-
- -
Par
tial W
ithdr
awal
Cha
rge
- -
- -
- -
- -
- -
Mis
cella
neou
s Cha
rge
- -
- -
- -
- -
- -
Ser
vice
Tax
Exp
ense
s 2
46
170
1
,471
5
76
19,
037
521
5
5,79
4 6
,927
-
1,4
21
Tot
al
1,9
48
1,2
54
11,
991
1,2
48
157
,657
1
,583
3
91,9
64
44,
598
- 5
,180
(Am
ount
in R
s '00
0)
86
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Par
ticu
lars
P
rem
ier D
ebt
Fund
P
rem
ier
Equi
ty F
und
Pre
mie
r Equ
ity
Gai
n Fu
nd
Pre
mie
r Equ
ity
Gro
wth
Fun
d P
rem
ier E
quit
y In
dex
Fund
P
ure
Equi
ty F
und
Pur
e St
ock
Fund
P
ure
Stoc
k Pe
nsio
n Fu
nd
Sec
ure
Fund
S
hiel
d Pl
us
Fund
I
Pol
icy
Adm
inis
trat
ion
Char
ge
924
2
,812
5
,252
1
3,63
9 9
,549
2
6,83
3 1
57,0
35
1,7
13
752
5
3,15
8
Sur
rend
er C
harg
e -
- -
- -
- -
- -
-
Sw
itchi
ng C
harg
e 5
2
3
8
2
1 1
1
1 1
-
-
Mor
talit
y Ch
arge
3
55
1,5
54
2,3
09
9,6
64
7,3
19
13,
129
61,
983
174
7
,469
1
0,04
6
Rid
er P
rem
ium
Cha
rge
- -
- -
- 9
77
6,3
53
25
- -
Par
tial W
ithdr
awal
Cha
rge
- -
- -
- -
- -
- -
Mis
cella
neou
s Cha
rge
- -
- -
- -
- -
- -
Ser
vice
Tax
Exp
ense
s 3
77
1,1
17
1,9
54
6,9
83
4,9
53
5,2
40
30,
361
701
2
,682
1
0,02
4
Tot
al
1,6
61
5,4
85
9,5
18
30,
294
21,
842
46,
180
255
,743
2
,614
1
0,90
3 7
3,22
8
Par
ticu
lars
S
hiel
d Pl
us
Fund
II
Shi
eld
Plus
Fu
nd II
I S
hiel
d Pl
us F
und
IV
Sta
ble
Fund
T
otal
Pol
icy
Adm
inis
trat
ion
Char
ge
15,
156
18,
040
1,6
82
80
7,2
78,0
85
Sur
rend
er C
harg
e -
- -
- -
Sw
itchi
ng C
harg
e -
- -
- 2
,356
Mor
talit
y Ch
arge
2
,060
4
,291
4
62
229
2
,995
,124
Rid
er P
rem
ium
Cha
rge
- 1
12
22
- 4
30,9
28
Par
tial W
ithdr
awal
Cha
rge
- -
- -
-
Mis
cella
neou
s Cha
rge
- -
- -
-
Ser
vice
Tax
Exp
ense
s 2
,715
3
,672
8
51
1,9
01
1,6
71,1
11
Tot
al
19,
931
26,
115
3,0
17
2,2
10
12,
377,
604
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SCH
EDU
LE F
5: O
THER
EX
PEN
SES
Sche
dule
s to
Fund
Rev
enue
Acc
ount
as a
t 31
st M
arch
201
2(A
mou
nt in
Rs
'000
)
Annual Report 2011-2012
87
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 23
|
F
orm
A-R
A (
UL)
FUN
D R
EVEN
UE
ACC
OU
NT
FOR
THE
YEA
R EN
DED
31s
t MA
RCH
201
1
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 23
|
F
orm
A-R
A (
UL)
FUN
D B
ALA
NCE
SH
EET
AS
AT
31st
MA
RCH
201
1
Part
icul
ars
Sch
edul
e A
cc M
id C
ap
Fund
A
cc M
id C
ap
Fund
II
Acc
Mid
Cap
Pe
nsio
n Fu
nd
Acc
eler
ated
Fu
nd
Ass
et A
lloca
tion
Fu
nd
Ass
et A
lloca
tion
Pe
nsio
n Fu
nd
Ass
ured
Ret
urn
Fund
Ba
lanc
ed
Fund
B
alan
ced
Plus
Fu
nd
INCO
ME
FRO
M IN
VES
TMEN
TS
Inte
rest
Inco
me
5,0
33
704
5
99
1,0
14
1,4
10,3
22
106
,122
4
40
- -
Div
iden
d In
com
e 1
47,6
54
8,7
86
13,
348
119
1
70,1
66
9,6
26
- -
-
Mis
cella
neou
s Inc
ome
95,
220
11,
448
12,
188
198
5
06,7
26
35,
666
- -
-
Prof
it/(L
oss)
exc
ludi
ng in
ter s
chem
e 9
52,3
44
12,
895
59,
093
630
1
,671
,720
9
0,24
4 1
2 -
-
Prof
it/(L
oss)
on
inte
r fun
d tr
ansf
er/s
ale
of in
vest
men
t 1
,376
,776
1
3,87
6 9
2,64
4 2
,416
2
87,0
89
6,1
54
(8)
- -
Unr
ealis
ed G
ain/
(Los
s) (1
,766
,875
) (2
3,72
1) (1
27,7
09)
(511
) (6
06,4
63)
(46,
515)
140
-
-
Tota
l Inc
ome
(A)
810
,152
2
3,98
8 5
0,16
3 3
,866
3
,439
,560
2
01,2
97
584
-
-
EXPE
NSE
S
Fund
Adm
inis
trat
ion
Expe
nses
- -
- -
- -
- -
-
Fund
Man
agem
ent E
xpen
ses
172
,918
1
1,02
4 1
3,80
0 3
00
468
,051
3
1,47
3 7
1 -
-
Oth
er c
harg
es F
-5
293
,660
7
5,15
1 1
1,98
8 3
4 2
,635
,746
4
2,36
2 8
81
- -
Expr
opria
tion/
Apro
pria
tion
Char
ges
(61,
695)
(4,7
30)
5,8
20
(3)
(26,
343)
(3,1
92)
(7)
- -
Tota
l Exp
ense
s (B)
404
,883
8
1,44
5 3
1,60
8 3
31
3,0
77,4
54
70,
643
945
-
-
Net
Inco
me/
(Los
s) fo
r the
Yea
r (A-
B) 4
05,2
69
(57,
457)
18,
555
3,5
35
362
,106
1
30,6
54
(361
) -
-
Add:
Rev
enue
Acc
ount
at t
he b
egin
ning
of t
he y
ear
2,80
2,96
,(2
,788
)19
0,43
723
,486
944,
790
208,
425
--
-
Fund
Rev
enue
Acc
ount
at t
he e
nd o
f the
yea
r3,
208,
232
(60,
245)
208,
992
27,0
211,
306,
896
339,
079
(361
)-
-
Part
icul
ars
Sche
dule
A
cc M
id C
ap
Fund
A
cc M
id C
ap
Fund
II
Acc
Mid
Cap
Pe
nsio
n Fu
nd
Acc
eler
ated
Fun
d A
sset
Allo
cati
on
Fund
A
sset
Allo
cati
on
Pens
ion
Fund
A
ssur
ed
Retu
rn F
und
Bal
ance
d Fu
nd
Bal
ance
d Pl
us
Fund
SO
URC
ES O
F FU
ND
S
Pol
icy
Hol
der's
Fun
ds:
Pol
icy
Hol
ders
Con
trib
utio
n
F -1
6
,507
,536
1
,728
,395
9
58,7
61
(1,7
99)
39,
880,
094
2,6
41,7
60
79,
858
1,1
05,9
78
737
,748
Rev
enue
Acc
ount
3
,208
,232
(6
0,24
5) 2
08,9
91
27,
021
1,3
06,8
96
339
,080
(3
61)
- -
Tot
al
9,7
15,7
68
1,6
68,1
50
1,1
67,7
52
25,
222
41,1
86,9
90
2,98
0,84
0 7
9,49
7 1,
105,
978
737
,748
APP
LICA
TIO
N O
F FU
ND
S
Inve
stm
ents
F
-2
9,9
22,2
46
1,5
79,1
34
1,1
66,2
36
24,
476
40,0
20,8
90
2,7
38,6
15
68,
115
1,10
5,90
7 7
37,7
39
Cur
rent
Ass
ets
F -3
2
45,1
34
91,
172
8,7
62
747
3
,753
,698
2
75,0
21
11,
384
71
9
Les
s : C
urre
nt L
iabi
litie
s and
Pro
visi
ons
F -4
4
51,6
12
2,1
56
7,2
46
1
2,5
87,5
98
32,
796
2
- -
Net
Cur
rent
Ass
ets
(206
,478
) 8
9,01
6 1
,516
7
46
1,1
66,1
00
242
,225
1
1,38
2 7
1 9
Tot
al
9,7
15,7
68
1,6
68,1
50
1,1
67,7
52
25,
222
41,1
86,9
90
2,98
0,84
0 7
9,49
7 1,
105,
978
737
,748
(a) N
et A
sset
as p
er B
alan
ce S
heet
(R
s. in
thou
sand
s)
9,71
5,76
81,
668,
150
1,16
7,75
225
,222
41,1
86,9
902,
980,
840
79,4
971,
105,
978
737,
748
(b) N
umbe
r of U
nits
Out
stan
ding
(i
n th
ousa
nds)
4
58,2
31
142
,569
5
3,12
9 1
,009
3
,075
,078
2
37,6
37
7,8
06
57,
046
32,
197
Net
Ass
et V
alue
per
uni
t (a)
/(b)
(Rs.
) 2
1.20
28
11.
7007
2
1.97
97
25.
0091
1
3.39
38
12.
5437
1
0.18
36
19.
3874
2
2.91
36
(Am
ount
in R
s '00
0)
(Am
ount
in R
s '00
0)
88
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 23
|
F
orm
A-R
A (
UL)
FUN
D R
EVEN
UE
ACC
OU
NT
FOR
THE
YEA
R EN
DED
31s
t MA
RCH
201
1
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 23
|
FORM
A-B
S (U
L)
FUN
D B
ALA
NCE
SH
EET
AS
AT
31st
MA
RCH
201
1
Part
icul
ars
Sch
edul
e B
alan
ced
Plus
Pe
nsio
n Fu
nd
Blu
e Ch
ip
Equi
ty F
und
Bon
d Fu
nd
Bon
d Pe
nsio
n Fu
nd
Cap
ital
Gua
rant
ee
Fund
- 201
2 C
apit
al G
uara
ntee
Fu
nd- 2
014
Cap
ital
Gua
rant
ee
Fund
- 201
7 C
apit
al S
hiel
d-I
Cap
ital
Shi
eld-
II
INCO
ME
FRO
M IN
VES
TMEN
TS
Inte
rest
Inco
me
- 3
4
28,3
12
79,
683
5,2
24
385
1
,541
7
6,18
7 1
5,76
7
Div
iden
d In
com
e -
696
-
- 4
01
25
285
2
,553
-
Mis
cella
neou
s Inc
ome
- 7
51
94,
247
26,
308
2
33
259
2
,454
3
36
Prof
it/(L
oss)
exc
ludi
ng in
ter s
chem
e -
397
4
0 1
,641
(1
83)
(15)
108
9
,047
(3
48)
Prof
it/(L
oss)
on
inte
r fun
d tr
ansf
er/s
ale
of in
vest
men
t -
71
6,4
07
36
1,9
19
285
2
,985
4
2,49
7 (5
9)
Unr
ealis
ed G
ain/
(Los
s) -
(3,3
58)
(58,
236)
(8,4
26)
(557
) (1
29)
(587
) (4
8,43
0) 6
4,45
3
Tota
l Inc
ome
(A)
- (1
,440
) 4
70,7
70
99,
242
6,8
06
584
4
,591
8
4,30
8 8
0,14
9
EXPE
NSE
S
Fund
Adm
inis
trat
ion
Expe
nses
- -
- -
- -
- -
-
Fund
Man
agem
ent E
xpen
ses
- 2
,566
5
9,94
4 1
2,30
2 1
,234
8
9 5
37
27,
107
22,
514
Oth
er c
harg
es F
-5
- 7
,146
2
99,5
64
8,9
95
3,1
38
222
1
,272
2
,792
2
,319
Expr
opria
tion/
Apro
pria
tion
Char
ges
- (2
,116
) (2
37)
260
(3
7) (1
4) (9
0) 5
(5
)
Tota
l Exp
ense
s (B)
- 7
,596
3
59,2
71
21,
557
4,3
35
297
1
,719
2
9,90
4 2
4,82
8
Net
Inco
me/
(Los
s) fo
r the
Yea
r (A-
B) -
(9,0
36)
111
,499
7
7,68
5 2
,471
2
87
2,8
72
54,
404
55,
321
Add:
Rev
enue
Acc
ount
at t
he b
egin
ning
of t
he y
ear
- -
1,2
57
69,
556
17,
242
1,1
20
8,9
05
155
,520
1
64,7
06
Fund
Rev
enue
Acc
ount
at t
he e
nd o
f the
yea
r -
(9,0
36)
112
,756
1
47,2
41
19,
713
1,4
07
11,
777
209
,924
2
20,0
27
Part
icul
ars
Sch
edul
e B
alan
ced
Plus
Pe
nsio
n Fu
nd
Blu
e Ch
ip
Equi
ty F
und
Bon
d Fu
nd
Bon
d Pe
nsio
n Fu
nd
Cap
ital
Gua
rant
ee
Fund
- 201
2 C
apit
al G
uara
ntee
Fu
nd- 2
014
Cap
ital
Gua
rant
ee
Fund
- 201
7 C
apit
al S
hiel
d-I
Cap
ital
Sh
ield
-II
SOU
RCES
OF
FUN
DS
Polic
y H
olde
r's F
unds
:
Polic
y H
olde
rs C
ontr
ibut
ion
F
-1
82,
149
1,0
40,9
16
7,3
59,6
19
1,5
76,1
92
61,
583
4,4
43
25,
231
797
,651
4
81,9
73
Reve
nue
Acco
unt
- (9
,037
) 1
12,7
56
147
,241
1
9,71
4 1
,409
1
1,77
7 2
09,9
24
220
,028
Tot
al
82,
149
1,0
31,8
79
7,4
72,3
75
1,7
23,4
33
81,
297
5,8
52
37,
008
1,00
7,57
5 7
02,0
01
APP
LICA
TIO
N O
F FU
ND
S
Inve
stm
ents
F
-2
82,
147
940
,332
7
,244
,916
1
,684
,320
8
1,28
4 5
,532
3
6,53
5 9
33,7
30
676
,060
Curr
ent A
sset
s F
-3
2
91,
583
228
,309
3
9,53
4 6
68
320
4
74
74,
114
26,
009
Less
: Cu
rren
t Lia
bilit
ies a
nd P
rovi
sion
s F
-4
- 3
6 8
50
421
6
55
- 1
2
69
68
Net
Cur
rent
Ass
ets
2
91,
547
227
,459
3
9,11
3 1
3 3
20
473
7
3,84
5 2
5,94
1
Tot
al
82,
149
1,0
31,8
79
7,4
72,3
75
1,7
23,4
33
81,
297
5,8
52
37,
008
1,00
7,57
5 7
02,0
01
(a) N
et A
sset
as p
er B
alan
ce S
heet
(R
s. in
thou
sand
s)
82,1
491,
031,
879
7,47
2,37
51,
723,
433
81,2
975,
852
37,0
081,
007,
575
702,
001
(b) N
umbe
r of U
nits
Out
stan
ding
(in
thou
sand
s)
3,7
58
108
,866
4
97,3
06
112
,287
5
,983
4
29
2,5
80
78,
006
47,
592
Net
Ass
et V
alue
per
uni
t (a)
/(b)
(Rs.
) 2
1.86
13
9.4
784
15.
0257
1
5.34
85
13.
5877
1
3.63
13
14.
3456
1
2.91
66
14.
7503
(Am
ount
in R
s '00
0)
(Am
ount
in R
s '00
0)
Annual Report 2011-2012
89
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 23
|
F
orm
A-R
A (
UL)
FUN
D R
EVEN
UE
ACC
OU
NT
FOR
THE
YEA
R EN
DED
31s
t MA
RCH
201
1
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 23
|
F
orm
A-B
S (U
L)FU
ND
BA
LAN
CE S
HEE
T A
S A
T 31
st M
ARC
H 2
011
Part
icul
ars
Sch
edul
e C
ash
Fund
C
ash
Plus
Fun
d C
ash
Plus
Pe
nsio
n Fu
nd
Deb
t Fun
d D
ebt P
lus
Fund
D
ebt P
lus
Pens
ion
Fund
E
quit
y Fu
nd
Equ
ity
Gai
n Fu
nd
Equ
ity
Gro
wth
Fu
nd
INCO
ME
FRO
M IN
VES
TMEN
TS
Inte
rest
Inco
me
24,
843
28,
377
3,4
49
68,
464
87,
836
8,1
85
99
10,
354
93,
845
Div
iden
d In
com
e -
- -
- -
- 5
5,75
5 1
19,8
88
1,0
76,2
35
Mis
cella
neou
s Inc
ome
45,
383
58,
296
2,0
94
13,
140
18,
227
2,7
15
947
7
2,84
3 8
33,7
87
Prof
it/(L
oss)
exc
ludi
ng in
ter s
chem
e 6
29
1,3
99
(2)
10,
570
11,
500
953
(1
9,14
5) 1
,371
,401
1
2,28
3,93
3
Prof
it/(L
oss)
on
inte
r fun
d tr
ansf
er/s
ale
of in
vest
men
t 6
9 9
7 -
11,
527
716
1
,287
4
96,6
01
369
,046
9
12,7
53
Unr
ealis
ed G
ain/
(Los
s) -
- -
(24,
046)
(16,
636)
(1,9
56)
(19,
361)
(718
,729
) (3
,370
,700
)
Tota
l Inc
ome
(A)
70,
924
88,
169
5,5
41
79,
655
101
,643
1
1,18
4 5
14,8
96
1,2
24,8
03
11,
829,
853
EXPE
NSE
S
Fund
Adm
inis
trat
ion
Expe
nses
11,
447
- -
12,
482
- -
51,
722
113
,273
-
Fund
Man
agem
ent E
xpen
ses
9,1
57
7,9
62
470
9
,986
8
,918
9
40
41,
378
135
,927
1
,464
,242
Oth
er c
harg
es F
-5
16,
740
11,
291
516
1
5,91
1 1
9,97
6 1
,289
5
0,82
3 1
15,0
50
3,0
53,4
09
Expr
opria
tion/
Apro
pria
tion
Char
ges
997
1
,103
7
2 2
5 4
2
8 (1
,757
) (6
,955
) (1
1,21
9)
Tota
l Exp
ense
s (B)
38,
341
20,
356
1,0
58
38,
404
28,
898
2,2
57
142
,166
3
57,2
95
4,5
06,4
32
Net
Inco
me/
(Los
s) fo
r the
Yea
r (A-
B) 3
2,58
3 6
7,81
3 4
,483
4
1,25
1 7
2,74
5 8
,927
3
72,7
30
867
,508
7
,323
,421
Add:
Rev
enue
Acc
ount
at t
he b
egin
ning
of t
he y
ear
221
,710
5
26,5
17
37,
735
291
,424
4
28,4
45
46,
346
2,3
95,0
13
3,5
88,5
24
8,6
64,0
83
Fund
Rev
enue
Acc
ount
at t
he e
nd o
f the
yea
r 2
54,2
93
594
,330
4
2,21
8 3
32,6
75
501
,190
5
5,27
3 2
,767
,743
4
,456
,032
1
5,98
7,50
4
Part
icul
ars
Sch
edul
e C
ash
Fund
C
ash
Plus
Fu
nd
Cas
h Pl
us P
ensi
on
Fund
D
ebt F
und
Deb
t Plu
s Fu
nd
Deb
t Plu
s Pe
nsio
n Fu
nd
Equ
ity
Fund
E
quit
y G
ain
Fund
E
quit
y G
row
th
Fund
SOU
RCES
OF
FUN
DS
Polic
y H
olde
r's F
unds
:
Polic
y H
olde
rs C
ontr
ibut
ion
F
-1
566
,790
3
50,5
29
8,9
79
147
,372
4
21,0
79
32,
113
303
,092
3
,509
,605
6
8,06
7,57
4
Reve
nue
Acco
unt
254
,294
5
94,3
30
42,
218
332
,675
5
01,1
91
55,
271
2,7
67,7
44
4,4
56,0
32
15,
987,
503
Tot
al
821
,084
9
44,8
59
51,
197
480
,047
9
22,2
70
87,
384
3,0
70,8
36
7,9
65,6
37
84,0
55,0
77
APP
LICA
TIO
N O
F FU
ND
S
Inve
stm
ents
F
-2
811
,114
9
65,0
88
49,
756
462
,200
8
81,1
64
85,
965
3,0
74,5
80
8,0
29,0
92
83,
612,
968
Curr
ent A
sset
s F
-3
10,
025
6,3
04
2,1
10
18,
050
41,
417
3,3
80
5,0
04
171
,357
1
,136
,214
Less
: Cu
rren
t Lia
bilit
ies a
nd P
rovi
sion
s F
-4
55
26,
533
669
2
03
311
1
,961
8
,748
2
34,8
12
694
,105
Net
Cur
rent
Ass
ets
9,9
70
(20,
229)
1,4
41
17,
847
41,
106
1,4
19
(3,7
44)
(63,
455)
442
,109
Tot
al
821
,084
9
44,8
59
51,
197
480
,047
9
22,2
70
87,
384
3,0
70,8
36
7,9
65,6
37
84,0
55,0
77
(a) N
et A
sset
as p
er B
alan
ce S
heet
(R
s. in
thou
sand
s)
821,
084
944,
859
51,1
9748
0,04
792
2,27
087
,384
3,07
0,83
67,
965,
637
84,0
55,0
77
(b) N
umbe
r of U
nits
Out
stan
ding
(i
n th
ousa
nds)
5
4,84
5 5
7,25
7 3
,085
3
3,06
5 5
7,19
3 5
,265
1
16,2
63
221
,027
4
,963
,971
Net
Ass
et V
alue
per
uni
t (a)
/(b)
(Rs.
) 1
4.97
10
16.
5021
1
6.59
31
14.
5179
1
6.12
57
16.
5966
2
6.41
28
36.
0391
1
6.93
30
(Am
ount
in R
s '00
0)
(Am
ount
in R
s '00
0)
90
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 23
|
F
orm
A-R
A (
UL)
FUN
D R
EVEN
UE
ACC
OU
NT
FOR
THE
YEA
R EN
DED
31s
t MA
RCH
201
1
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 23
|
F
orm
A-B
S (U
L)FU
ND
BA
LAN
CE S
HEE
T A
S A
T 31
st M
ARC
H 2
011
Part
icul
ars
Sche
dule
E
quit
y G
row
th
Fund
II
Equ
ity
Gro
wth
Pe
nsio
n Fu
nd
Equ
ity
Inde
x Fu
nd
Equ
ity
Inde
x Fu
nd -
II E
quit
y In
dex
Pens
ion
Fund
E
quit
y In
dex
Pens
ion
Fund
- II
Equ
ity
Mid
cap
Fund
E
quit
y M
idca
p Pe
nsio
n Fu
nd
Equ
ity
Mid
cap
Plus
Fun
d
INCO
ME
FRO
M IN
VES
TMEN
TS
Inte
rest
Inco
me
2,3
01
2,4
02
58
1,5
73
5
151
8
02
62
1,1
53
Div
iden
d In
com
e 2
4,58
3 4
5,91
5 3
0,02
6 1
,053
,228
2
,150
8
6,25
9 2
2,66
8 2
,083
3
2,99
3
Mis
cella
neou
s Inc
ome
31,
150
44,
707
530
3
6,28
6 1
3 2
,454
1
4,11
6 1
,311
1
8,91
8
Prof
it/(L
oss)
exc
ludi
ng in
ter s
chem
e 1
76,7
61
466
,821
(1
5,50
5) 1
,059
,614
(4
83)
14,
335
165
,970
1
2,96
8 1
98,2
09
Prof
it/(L
oss)
on
inte
r fun
d tr
ansf
er/s
ale
of in
vest
men
t 5
6,55
9 2
36,5
53
210
,340
6
51,3
32
23,
239
147
,287
3
22,9
87
32,
910
502
,481
Unr
ealis
ed G
ain/
(Los
s) 9
7,82
0 (1
11,3
92)
50,
059
7,0
29,1
58
(5,2
91)
580
,497
(4
24,8
70)
(36,
310)
(547
,889
)
Tota
l Inc
ome
(A)
389,
174
685
,006
2
75,5
08
9,8
31,1
91
19,
633
830
,983
1
01,6
73
13,
024
205
,865
EXPE
NSE
S
Fund
Adm
inis
trat
ion
Expe
nses
- -
- -
- -
18,
207
- -
Fund
Man
agem
ent E
xpen
ses
33,
277
55,
235
22,
323
1,0
53,7
10
1,6
11
86,
693
21,
848
1,9
90
31,
480
Oth
er c
harg
es F
-5
144
,587
4
2,29
2 3
5,94
1 4
,633
,336
1
,389
9
1,19
0 1
7,86
6 8
14
20,
167
Expr
opria
tion/
Apro
pria
tion
Char
ges
(7,0
93)
(1,8
79)
(895
) (4
5,76
4) (7
15)
(4,2
23)
(1,3
67)
(124
) (1
,753
)
Tota
l Exp
ense
s (B)
170
,771
9
5,64
8 5
7,36
9 5
,641
,282
2
,285
1
73,6
60
56,
554
2,6
80
49,
894
Net
Inco
me/
(Los
s) fo
r the
Yea
r (A-
B) 2
18,4
03
589
,358
2
18,1
39
4,1
89,9
09
17,
348
657
,323
4
5,11
9 1
0,34
4 1
55,9
71
Add:
Rev
enue
Acc
ount
at t
he b
egin
ning
of t
he y
ear
8,1
18
768
,883
1
,025
,801
7
,080
,947
1
03,6
85
811
,108
8
89,2
91
132
,059
1
,916
,233
Fund
Rev
enue
Acc
ount
at t
he e
nd o
f the
yea
r 2
26,5
21
1,3
58,2
41
1,2
43,9
40
11,
270,
856
121
,033
1
,468
,431
9
34,4
10
142
,403
2
,072
,204
Part
icul
ars
Sche
dule
E
quit
y G
row
th
Fund
II
Equ
ity
Gro
wth
Pe
nsio
n Fu
nd
Equ
ity
Inde
x Fu
nd
Equ
ity
Inde
x Fu
nd -
II E
quit
y In
dex
Pens
ion
Fund
E
quit
y In
dex
Pens
ion
Fund
- II
Equ
ity
Mid
cap
Fund
E
quit
y M
idca
p Pe
nsio
n Fu
nd
Equ
ity
Mid
cap
Plus
Fun
d
SOU
RCES
OF
FUN
DS
Polic
y H
olde
r's F
unds
:
Polic
y H
olde
rs C
ontr
ibut
ion
F
-1
3,2
13,6
63
2,92
4,08
0 3
73,3
88
82,
589,
353
(25,
121)
6,2
79,5
20
278
,490
(3
2,90
6) (2
96,2
71)
Reve
nue
Acco
unt
226
,520
1
,358
,241
1
,243
,940
1
1,27
0,85
6 1
21,0
32
1,4
68,4
30
934
,412
1
42,4
02
2,0
72,2
04
Tot
al
3,44
0,18
3 4
,282
,321
1
,617
,328
9
3,86
0,20
9 9
5,91
1 7
,747
,950
1
,212
,902
1
09,4
96
1,7
75,9
33
APP
LICA
TIO
N O
F FU
ND
S
Inve
stm
ents
F
-2
3,3
46,5
07
4,2
53,0
04
1,6
17,4
13
93,
443,
455
94,
780
7,6
79,7
05
1,2
07,5
61
109
,440
1
,767
,037
Curr
ent A
sset
s F
-3
93,
813
29,
490
4,5
79
671
,133
1
,136
6
8,53
7 1
1,05
1 8
89
17,
179
Less
: Cu
rren
t Lia
bilit
ies a
nd P
rovi
sion
s F
-4
137
1
73
4,6
64
254
,379
5
2
92
5,7
10
833
8
,283
Net
Cur
rent
Ass
ets
93,
676
29,
317
(85)
416
,754
1
,131
6
8,24
5 5
,341
5
6 8
,896
Tot
al
3,44
0,18
3 4
,282
,321
1
,617
,328
9
3,86
0,20
9 9
5,91
1 7
,747
,950
1
,212
,902
1
09,4
96
1,7
75,9
33
(a) N
et A
sset
as p
er B
alan
ce S
heet
(R
s. In
thou
sand
s)
3,44
0,18
34,
282,
321
1,61
7,32
893
,860
,209
95,9
117,
747,
950
1,21
2,90
210
9,49
61,
775,
933
(b) N
umbe
r of U
nits
Out
stan
ding
(i
n th
ousa
nds)
2
78,5
05
233
,218
4
6,38
2 5
,010
,226
3
,107
4
22,1
95
40,
650
2,6
13
47,
276
Net
Ass
et V
alue
per
uni
t (a)
/(b)
(Rs.
) 1
2.35
23
18.
3619
3
4.86
96
18.
7337
3
0.87
06
18.
3516
2
9.83
74
41.
9058
3
7.56
50
(Am
ount
in R
s '00
0)
(Am
ount
in R
s '00
0)
Annual Report 2011-2012
91
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 23
|
F
orm
A-R
A (
UL)
FUN
D R
EVEN
UE
ACC
OU
NT
FOR
THE
YEA
R EN
DED
31s
t MA
RCH
201
1
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 23
|
F
orm
A-B
S (U
L)FU
ND
BA
LAN
CE S
HEE
T A
S A
T 31
st M
ARC
H 2
011
Part
icul
ars
Sche
dule
E
quit
y Pl
us F
und
Equ
ity
Plus
Pe
nsio
n Fu
nd
Gro
up A
sset
A
lloca
tion
Fun
d G
roup
Deb
t Fu
nd
Gro
up E
quit
y In
dex
Fund
G
roup
Gro
wth
Fu
nd -
I G
roup
Li
quid
Fun
d G
roup
Sho
rt
Term
Deb
t Fun
d G
row
th P
lus
Fund
I
INCO
ME
FRO
M IN
VES
TMEN
TS
Inte
rest
Inco
me
7,8
27
289
7
,781
3
1,78
5 5
3
8,17
5 6
,062
5
2,76
9 1
8,25
0
Div
iden
d In
com
e 1
62,3
63
10,
074
147
-
2,8
62
- -
- -
Mis
cella
neou
s Inc
ome
113
,903
7
,478
3
,308
1
0,59
5 1
51
3,3
94
6,8
81
9,5
12
1,5
93
Prof
it/(L
oss)
exc
ludi
ng in
ter s
chem
e 1
,757
,252
9
5,11
3 9
31
1,5
96
329
(8
) 2
04
(1,2
12)
(497
)
Prof
it/(L
oss)
on
inte
r fun
d tr
ansf
er/s
ale
of in
vest
men
t 1
03,7
19
82,
539
(18,
747)
20,
819
(155
) (1
5,69
4) 2
(2
,393
) (2
66)
Unr
ealis
ed G
ain/
(Los
s) (6
77,5
65)
(55,
322)
45,
330
(9,1
53)
33,
561
10,
149
- 1
1,15
9 (2
,622
)
Tota
l Inc
ome
(A)
1,4
67,4
99
140
,171
3
8,75
0 5
5,64
2 3
6,75
3 3
6,01
6 1
3,14
9 6
9,83
5 1
6,45
8
EXPE
NSE
S
Fund
Adm
inis
trat
ion
Expe
nses
- -
- -
- -
- -
-
Fund
Man
agem
ent E
xpen
ses
185
,657
1
2,20
0 3
,331
5
,272
5
,930
-
1,1
53
6,5
85
3,2
61
Oth
er c
harg
es F
-5
155
,670
5
,558
1
5,82
5 6
70
24,
724
- 2
04
936
5
,958
Expr
opria
tion/
Apro
pria
tion
Char
ges
(10,
003)
(5,2
14)
(3,6
06)
(19)
(2,9
36)
52
10
(10)
(4)
Tota
l Exp
ense
s (B)
331
,324
1
2,54
4 1
5,55
0 5
,923
2
7,71
8 5
2 1
,367
7
,511
9
,215
Net
Inco
me/
(Los
s) fo
r the
Yea
r (A-
B) 1
,136
,175
1
27,6
27
23,
200
49,
719
9,0
35
35,
964
11,
782
62,
324
7,2
43
Add:
Rev
enue
Acc
ount
at t
hebe
ginn
ing
of th
e ye
ar 6
,040
,238
5
78,9
58
(453
) 1
92,9
10
(6,8
07)
18,
172
26,
445
28,
394
(263
)
Fund
Rev
enue
Acc
ount
at t
he e
nd o
f the
yea
r 7
,176
,413
7
06,5
85
22,
747
242
,629
2
,228
5
4,13
6 3
8,22
7 9
0,71
8 6
,980
Part
icul
ars
Sche
dule
E
quit
y Pl
us F
und
Equ
ity
Plus
Pe
nsio
n Fu
nd
Gro
up A
sset
A
lloca
tion
Fun
d G
roup
Deb
t Fun
d G
roup
Equ
ity
Inde
x Fu
nd
Gro
up G
row
th
Fund
- I
Gro
up L
iqui
d Fu
nd
Gro
up S
hort
Te
rm D
ebt F
und
Gro
wth
Plu
s Fu
nd I
SOU
RCES
OF
FUN
DS
Polic
y H
olde
r's F
unds
:
Polic
y H
olde
rs C
ontr
ibut
ion
F
-1
3,8
77,1
33
(4,8
11)
1,3
90,2
54
622
,318
1
,588
,654
(5
4,08
1) 1
79,6
39
679
,867
2
21,3
43
Reve
nue
Acco
unt
7,1
76,4
14
706
,586
2
2,74
4 2
42,6
29
2,2
28
54,
135
38,
226
90,
719
6,9
79
Tot
al
11,0
53,5
47
701
,775
1
,412
,998
8
64,9
47
1,5
90,8
82
54
217
,865
7
70,5
86
228
,322
APP
LICA
TIO
N O
F FU
ND
S
Inve
stm
ents
F
-2
10,
641,
352
697
,651
1
,099
,854
7
55,7
69
1,3
43,6
59
- 1
98,3
22
748
,013
2
21,0
48
Curr
ent A
sset
s F
-3
741
,907
4
,156
3
13,1
86
109
,287
2
47,2
84
54
19,
548
22,
595
7,2
83
Less
: Cu
rren
t Lia
bilit
ies a
ndPr
ovis
ions
F
-4
329
,712
3
2 4
2 1
09
61
- 5
2
2 9
Net
Cur
rent
Ass
ets
412
,195
4
,124
3
13,1
44
109
,178
2
47,2
23
54
19,
543
22,
573
7,2
74
Tot
al
11,0
53,5
47
701
,775
1
,412
,998
8
64,9
47
1,5
90,8
82
54
217
,865
7
70,5
86
228
,322
(a) N
et A
sset
as p
er B
alan
ce S
heet
(R
s. in
thou
sand
s)
11,0
53,5
4770
1,77
51,
412,
998
864,
947
1,59
0,88
254
217,
865
770,
586
228,
322
(b) N
umbe
r of U
nits
Out
stan
ding
(i
n th
ousa
nds)
2
89,7
03
17,
970
114
,570
6
4,63
2 1
44,1
37
- 1
7,34
7 6
5,85
5 2
1,45
3
Net
Ass
et V
alue
per
uni
t (a)
/(b)
(Rs.
) 3
8.15
47
39.
0536
1
2.33
30
13.
3827
1
1.03
73
- 1
2.55
95
11.
7012
1
0.64
29
(Am
ount
in R
s '00
0)
(Am
ount
in R
s '00
0)
92
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 23
|
F
orm
A-R
A (
UL)
FUN
D R
EVEN
UE
ACC
OU
NT
FOR
THE
YEA
R EN
DED
31s
t MA
RCH
201
1
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 23
|
F
orm
A-B
S (U
L)FU
ND
BA
LAN
CE S
HEE
T A
S A
T 31
st M
ARC
H 2
011
Part
icul
ars
Sch
edul
e G
row
th P
lus
Fund
II
Gro
wth
Plu
s Fu
nd II
I L
ife L
ong
Gai
n Fu
nd
Liq
uid
Fund
L
iqui
d Pe
nsio
n Fu
nd
Max
Gai
n Fu
nd I
Max
Gai
n Fu
nd II
P
rem
ier
Bala
nced
Fun
d P
rem
ier B
ond
Fund
INCO
ME
FRO
M IN
VES
TMEN
TS
Inte
rest
Inco
me
607
9
00
12,
745
41,
427
6,4
98
586
3
81
- 2
3,19
7
Div
iden
d In
com
e -
- -
- -
19,
208
- -
-
Mis
cella
neou
s Inc
ome
353
1
82
1,6
40
93,
221
8,2
50
116
,786
1
2,47
9 -
8,2
56
Prof
it/(L
oss)
exc
ludi
ng in
ter s
chem
e 6
2 (1
29)
(1,2
76)
1,5
19
82
8,9
67
462
-
2,8
18
Prof
it/(L
oss)
on
inte
r fun
d tr
ansf
er/s
ale
of in
vest
men
t (1
78)
(194
) 5
64
163
9
5
,129
4
4 -
(100
)
Unr
ealis
ed G
ain/
(Los
s) (8
,950
) 2
,907
(2
,050
) -
- 2
88,4
73
- -
(5,9
25)
Tota
l Inc
ome
(A)
(8,1
06)
3,6
66
11,
623
136
,330
1
4,83
9 4
39,1
49
13,
366
- 2
8,24
6
EXPE
NSE
S
Fund
Adm
inis
trat
ion
Expe
nses
- -
2,3
70
- -
9,4
71
458
-
-
Fund
Man
agem
ent E
xpen
ses
665
2
03
1,8
96
16,
633
1,7
45
47,
355
2,2
90
- 1
0,39
4
Oth
er c
harg
es F
-5
1,4
28
435
1
,247
1
62,5
38
1,2
80
395
,436
1
4,00
0 -
5,1
16
Expr
opria
tion/
Apro
pria
tion
Char
ges
(6)
(5)
1
113
1
5 (1
0,23
3) (1
,809
) -
3
Tota
l Exp
ense
s (B)
2,0
87
633
5
,514
1
79,2
84
3,0
40
442
,029
1
4,93
9 -
15,
513
Net
Inco
me/
(Los
s) fo
r the
Yea
r (A-
B) (1
0,19
3) 3
,033
6
,109
(4
2,95
4) 1
1,79
9 (2
,880
) (1
,573
) -
12,
733
Add:
Rev
enue
Acc
ount
at t
he b
egin
ning
of t
he y
ear
- -
41,
009
(124
,190
) 9
,138
(1
32,0
42)
- -
49,
503
Fund
Rev
enue
Acc
ount
at t
he e
nd o
f the
yea
r (1
0,19
3) 3
,033
4
7,11
8 (1
67,1
44)
20,
937
(134
,922
) (1
,573
) -
62,
236
Part
icul
ars
Sch
edul
e G
row
th P
lus
Fund
II
Gro
wth
Plu
s Fu
nd II
I L
ife L
ong
Gai
n Fu
nd
Liq
uid
Fund
L
iqui
d Pe
nsio
n Fu
nd
Max
Gai
n Fu
nd I
Max
Gai
n Fu
nd II
P
rem
ier
Bala
nced
Fun
d P
rem
ier B
ond
Fund
SO
URC
ES O
F FU
ND
S
Pol
icy
Hol
der's
Fun
ds:
Pol
icy
Hol
ders
Con
trib
utio
n
F -1
7
3,10
5 4
7,52
7 1
57,6
82
2,2
80,7
91
228
,342
6
,220
,681
5
92,2
81
53,
389
326
,266
Rev
enue
Acc
ount
(1
0,19
3) 3
,034
4
7,11
8 (1
67,1
43)
20,
938
(134
,922
) (1
,573
) -
62,
237
Tot
al
62,
912
50,
561
204
,800
2
,113
,648
2
49,2
80
6,08
5,75
9 5
90,7
08
53,
389
388
,503
APP
LICA
TIO
N O
F FU
ND
S
Inve
stm
ents
F
-2
62,
940
50,
334
200
,684
2
,083
,658
2
45,9
09
5,9
07,2
04
555
,965
5
3,38
9 3
82,0
37
Cur
rent
Ass
ets
F -3
6
2
29
4,1
49
30,
053
3,3
80
178
,823
3
4,76
8 -
6,5
37
Les
s : C
urre
nt L
iabi
litie
s and
Pro
visi
ons
F -4
3
4 2
3
3 6
3 9
2
68
25
- 7
1
Net
Cur
rent
Ass
ets
(28)
227
4
,116
2
9,99
0 3
,371
1
78,5
55
34,
743
- 6
,466
Tot
al
62,
912
50,
561
204
,800
2
,113
,648
2
49,2
80
6,08
5,75
9 5
90,7
08
53,
389
388
,503
(a) N
et A
sset
as p
er B
alan
ce S
heet
(R
s. in
thou
sand
s)
62,9
1250
,561
204,
800
2,11
3,64
824
9,28
06,
085,
759
590,
708
53,3
8938
8,50
3
(b) N
umbe
r of U
nits
Out
stan
ding
(i
n th
ousa
nds)
7
,121
4
,705
1
5,49
8 1
43,3
42
16,
817
539
,090
5
6,22
3 3
,260
2
8,20
1
Net
Ass
et V
alue
per
uni
t (a)
/(b)
(Rs.
) 8
.835
1 1
0.74
73
13.
2145
1
4.74
55
14.
8234
1
1.28
90
10.
5066
1
6.37
51
13.
7763
(Am
ount
in R
s '00
0)
(Am
ount
in R
s '00
0)
Annual Report 2011-2012
93
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 23
|
F
orm
A-R
A (
UL)
FUN
D R
EVEN
UE
ACC
OU
NT
FOR
THE
YEA
R EN
DED
31s
t MA
RCH
201
1
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 23
|
F
orm
A-B
S (U
L)FU
ND
BA
LAN
CE S
HEE
T A
S A
T 31
st M
ARC
H 2
011
Part
icul
ars
Sch
edul
e P
rem
ier
Deb
t Fun
d P
rem
ier E
quit
y Fu
nd
Pre
mie
r Equ
ity
Gai
n Fu
nd
Pre
mie
r Equ
ity
Gro
wth
Fun
d P
rem
ier E
quit
y In
dex
Fund
P
ure
Equi
ty
Fund
P
ure
Stoc
k Fu
nd
Pur
e St
ock
Pens
ion
Fund
S
ecur
e Fu
nd
INCO
ME
FRO
M IN
VES
TMEN
TS
Inte
rest
Inco
me
6,2
78
15
313
1
,052
3
8 -
- -
46,
398
Div
iden
d In
com
e -
5,4
91
8,1
07
24,
692
19,
657
21,
411
57,
854
1,7
66
1,1
39
Mis
cella
neou
s Inc
ome
3,2
75
43
6,2
03
19,
709
363
1
0,19
2 4
9,44
5 -
7,6
51
Prof
it/(L
oss)
exc
ludi
ng in
ter s
chem
e (1
72)
(3,1
76)
86,
276
310
,459
(1
0,47
1) 1
28,9
13
441
,285
7
,476
1
,568
Prof
it/(L
oss)
on
inte
r fun
d tr
ansf
er/s
ale
of in
vest
men
t 7
57
40,
641
70,
745
340
,116
7
0,55
6 1
52,5
52
232
,441
4
3 2
2,13
0
Unr
ealis
ed G
ain/
(Los
s) (1
,712
) 8
,014
(5
9,94
1) (3
22,4
86)
100
,969
(2
17,0
75)
(429
,666
) 4
,161
(1
,862
)
Tota
l Inc
ome
(A)
8,4
26
51,
028
111
,703
3
73,5
42
181
,112
9
5,99
3 3
51,3
59
13,
446
77,
024
EXPE
NSE
S
Fund
Adm
inis
trat
ion
Expe
nses
- -
- -
- -
- -
-
Fund
Man
agem
ent E
xpen
ses
2,6
08
9,1
48
15,
009
57,
282
41,
070
15,
326
55,
303
2,2
81
9,0
37
Oth
er c
harg
es F
-5
2,0
80
6,8
51
11,
155
34,
466
23,
853
53,
081
262
,167
2
,440
1
,023
Expr
opria
tion/
Apro
pria
tion
Char
ges
- (1
78)
(420
) (7
82)
(213
) (5
97)
(3,1
08)
(386
) (2
37)
Tota
l Exp
ense
s (B)
4,6
88
15,
821
25,
744
90,
966
64,
710
67,
810
314
,362
4
,335
9
,823
Net
Inco
me/
(Los
s) fo
r the
Yea
r (A-
B) 3
,738
3
5,20
7 8
5,95
9 2
82,5
76
116
,402
2
8,18
3 3
6,99
7 9
,111
6
7,20
1
Add:
Rev
enue
Acc
ount
at t
he b
egin
ning
of t
he y
ear
40,
628
192
,781
3
27,2
75
240
,340
1
65,2
41
307
,702
4
97,8
21
16,
131
93,
337
Fund
Rev
enue
Acc
ount
at t
he e
nd o
f the
yea
r 4
4,36
6 2
27,9
88
413
,234
5
22,9
16
281
,643
3
35,8
85
534
,818
2
5,24
2 1
60,5
38
Part
icul
ars
Sch
edul
e P
rem
ier D
ebt
Fund
P
rem
ier
Equi
ty F
und
Pre
mie
r Equ
ity
Gai
n Fu
nd
Pre
mie
r Equ
ity
Gro
wth
Fun
d P
rem
ier E
quit
y In
dex
Fund
P
ure
Equi
ty
Fund
P
ure
Stoc
k Fu
nd
Pur
e St
ock
Pens
ion
Fund
S
ecur
e Fu
nd
SO
URC
ES O
F FU
ND
S
Pol
icy
Hol
der's
Fun
ds:
Pol
icy
Hol
ders
Con
trib
utio
n
F -1
4
9,33
6 1
10,0
70
187
,050
1
,384
,881
1
,145
,644
5
90,8
52
4,0
02,0
34
185
,933
9
64,0
41
Rev
enue
Acc
ount
4
4,36
6 2
27,9
88
413
,232
5
22,9
16
281
,642
3
35,8
85
534
,818
2
5,24
2 1
60,5
39
Tot
al
93,
702
338
,058
6
00,2
82
1,9
07,7
97
1,4
27,2
86
926
,737
4
,536
,852
2
11,1
75
1,1
24,5
80
APP
LICA
TIO
N O
F FU
ND
S
Inve
stm
ents
F
-2
93,
005
338
,232
6
02,9
29
1,9
15,0
28
1,4
31,2
87
1,0
51,1
55
4,4
50,9
80
177
,988
1
,030
,364
Cur
rent
Ass
ets
F -3
7
50
677
-
- 2
64
67,
097
111
,017
3
3,19
6 9
4,25
5
Les
s : C
urre
nt L
iabi
litie
s and
Pro
visi
ons
F -4
5
3 8
51
2,6
47
7,2
31
4,2
65
191
,515
2
5,14
5 9
3
9
Net
Cur
rent
Ass
ets
697
(1
74)
(2,6
47)
(7,2
31)
(4,0
01)
(124
,418
) 8
5,87
2 3
3,18
7 9
4,21
6
Tot
al
93,
702
338
,058
6
00,2
82
1,9
07,7
97
1,4
27,2
86
926
,737
4
,536
,852
2
11,1
75
1,1
24,5
80
(a) N
et A
sset
as p
er B
alan
ce S
heet
(R
s. in
thou
sand
s)
93,7
0233
8,05
860
0,28
21,
907,
797
1,42
7,28
692
6,73
74,
536,
852
211,
175
1,12
4,58
0
(b) N
umbe
r of U
nits
Out
stan
ding
(i
n th
ousa
nds)
6
,426
1
7,42
7 2
7,84
9 1
13,3
44
82,
422
39,
453
206
,720
1
1,68
0 6
2,47
7
Net
Ass
et V
alue
per
uni
t (a)
/(b)
(Rs.
) 1
4.58
16
19.
3984
2
1.55
46
16.
8319
1
7.31
69
23.
4897
2
1.94
68
18.
0799
1
7.99
99
(Am
ount
in R
s '00
0)
(Am
ount
in R
s '00
0)
94
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 23
|
F
orm
A-R
A (
UL)
FUN
D R
EVEN
UE
ACC
OU
NT
FOR
THE
YEA
R EN
DED
31s
t MA
RCH
201
1
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 23
|
F
orm
A-B
S (U
L)FU
ND
BA
LAN
CE S
HEE
T A
S A
T 31
st M
ARC
H 2
011
Part
icul
ars
Sch
edul
e S
hiel
d Pl
us F
und
I S
hiel
d Pl
us F
und
II S
hiel
d Pl
us F
und
III
Sta
ble
Fund
T
otal
INCO
ME
FRO
M IN
VES
TMEN
TS
Inte
rest
Inco
me
199
,685
4
0,45
8 2
1,38
0 1
33,5
85
3,1
63,7
81
Div
iden
d In
com
e 7
55
126
-
11,
856
3,2
52,9
50
Mis
cella
neou
s Inc
ome
25,
274
7,2
65
6,9
98
19,
004
2,5
36,1
57
Prof
it/(L
oss)
exc
ludi
ng in
ter s
chem
e 3
,583
(1
,535
) (1
,015
) 3
8,95
2 2
1,40
5,90
9
Prof
it/(L
oss)
on
inte
r fun
d tr
ansf
er/s
ale
of in
vest
men
t 1
2,21
8 (2
77)
70
15,
964
6,9
42,0
89
Unr
ealis
ed G
ain/
(Los
s) 7
,389
(1
,074
) (2
,093
) 2
6,68
9 (1
,405
,265
)
Tota
l Inc
ome
(A)
248
,904
4
4,96
3 2
5,34
0 2
46,0
50
35,
895,
621
EXPE
NSE
S
Fund
Adm
inis
trat
ion
Expe
nses
- -
- -
219
,430
Fund
Man
agem
ent E
xpen
ses
38,
938
8,1
01
4,6
22
33,
530
4,4
07,9
02
Oth
er c
harg
es F
-5
73,
678
15,
867
9,4
10
3,7
92
12,
948,
745
Expr
opria
tion/
Apro
pria
tion
Char
ges
500
7
9 (1
05)
(1,3
94)
(214
,391
)
Tota
l Exp
ense
s (B)
113
,116
2
4,04
7 1
3,92
7 3
5,92
8 1
7,36
1,68
6
Net
Inco
me/
(Los
s) fo
r the
Yea
r (A-
B) 1
35,7
88
20,
916
11,
413
210
,122
1
8,53
3,93
5
Add:
Rev
enue
Acc
ount
at t
he b
egin
ning
of t
he y
ear
(1,6
48)
- -
182
,928
4
2,30
5,08
9
Fund
Rev
enue
Acc
ount
at t
he e
nd o
f the
yea
r 1
34,1
40
20,
916
11,
413
393
,050
6
0,83
9,02
2
Part
icul
ars
Sch
edul
e S
hiel
d Pl
us F
und
I S
hiel
d Pl
us F
und
II S
hiel
d Pl
us F
und
III
Sta
ble
Fund
T
otal
SO
URC
ES O
F FU
ND
S
Pol
icy
Hol
der's
Fun
ds:
Pol
icy
Hol
ders
Con
trib
utio
n
F -1
2
,758
,309
7
70,4
52
1,1
20,5
21
2,4
73,7
63
268
,002
,683
Rev
enue
Acc
ount
1
34,1
39
20,
916
11,
412
393
,050
6
0,83
9,02
2
Tot
al
2,8
92,4
48
791
,368
1
,131
,933
2
,866
,813
3
28,8
41,7
05
APP
LICA
TIO
N O
F FU
ND
S
Inve
stm
ents
F
-2
2,8
50,0
70
776
,683
1
,028
,008
2
,814
,971
3
24,3
47,5
31
Cur
rent
Ass
ets
F -3
4
5,95
0 1
5,07
8 1
03,9
68
52,
004
9,3
86,1
80
Les
s : C
urre
nt L
iabi
litie
s and
Pro
visi
ons
F -4
3
,572
3
93
43
162
4
,892
,006
Net
Cur
rent
Ass
ets
42,
378
14,
685
103
,925
5
1,84
2 4
,494
,174
Tot
al
2,8
92,4
48
791
,368
1
,131
,933
2
,866
,813
3
28,8
41,7
05
(a) N
et A
sset
as p
er B
alan
ce S
heet
(R
s. In
thou
sand
s)
2,89
2,44
879
1,36
81,
131,
933
2,86
6,81
3
(b) N
umbe
r of U
nits
Out
stan
ding
(i
n th
ousa
nds)
2
68,4
47
74,
816
109
,452
1
54,7
09
Net
Ass
et V
alue
per
uni
t (a)
/(b)
(Rs.
) 1
0.77
47
10.
5775
1
0.34
18
18.
5302
(Am
ount
in R
s '00
0)
(Am
ount
in R
s '00
0)
Annual Report 2011-2012
95
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SCH
EDU
LE F
1 : P
OLI
CYH
OLD
ERS’
CO
NTR
IBU
TIO
N
Sche
dule
s to
Fund
Rev
enue
Acc
ount
as a
t 31
st M
arch
201
1
Par
ticu
lars
A
cc M
id C
ap
Fund
A
cc M
id C
ap
Fund
II
Acc
Mid
Cap
Pe
nsio
n Fu
nd
Acc
eler
ated
Fu
nd
Ass
et A
lloca
tion
Fun
d A
sset
Allo
cati
on
Pens
ion
Fund
A
ssur
ed R
etur
n Fu
nd
Bal
ance
d Fu
nd
Bal
ance
d Pl
us
Fund
B
alan
ced
Plus
Pe
nsio
n Fu
nd
Ope
ning
Bal
ance
6
,556
,087
1
73,5
73
459
,548
(6
73)
32,
345,
659
1,8
15,2
28
- 1
,367
,333
8
67,6
83
96,
379
Add
: Ad
ditio
n du
ring
the
year
2
,656
,765
1
,694
,146
8
29,5
69
615
1
1,83
4,32
7 1
,015
,853
9
2,02
7 8
9,55
5 1
23,4
43
20,
292
Les
s : D
educ
tion
durin
g th
e ye
ar
2,7
05,3
16
139
,324
3
30,3
56
1,7
41
4,2
99,8
92
189
,321
1
2,16
9 3
50,9
10
253
,378
3
4,52
2
Clo
sing
Bal
ance
6
,507
,536
1
,728
,395
9
58,7
61
(1,7
99)
39,
880,
094
2,6
41,7
60
79,
858
1,1
05,9
78
737
,748
8
2,14
9
Par
ticu
lars
B
lue
Chip
Eq
uity
Fun
d B
ond
Fund
B
ond
Pens
ion
Fund
C
apit
al
Gua
rant
ee
Fund
- 201
2
Cap
ital
Gua
rant
ee
Fund
- 201
4 C
apit
al G
uara
ntee
Fu
nd- 2
017
Cap
ital
Shi
eld-
I C
apit
al S
hiel
d-II
Cas
h Fu
nd
Cas
h Pl
us F
und
Ope
ning
Bal
ance
-
5,1
59,2
29
834
,646
1
01,0
24
7,3
71
44,
210
801
,270
4
83,0
61
788
,587
5
94,3
85
Add
: Ad
ditio
n du
ring
the
year
1
,097
,550
5
,524
,466
1
,591
,968
1
49
728
1
31
24
87
156
,130
6
48,5
55
Les
s : D
educ
tion
durin
g th
e ye
ar
56,
634
3,3
24,0
76
850
,422
3
9,59
0 3
,656
1
9,11
0 3
,643
1
,175
3
77,9
27
892
,411
Clo
sing
Bal
ance
1
,040
,916
7
,359
,619
1
,576
,192
6
1,58
3 4
,443
2
5,23
1 7
97,6
51
481
,973
5
66,7
90
350
,529
Par
ticu
lars
C
ash
Plus
Pe
nsio
n Fu
nd
Deb
t Fun
d D
ebt P
lus
Fund
D
ebt P
lus
Pens
ion
Fund
E
quit
y Fu
nd
Equ
ity
Gai
n Fu
nd
Equ
ity
Gro
wth
Fu
nd
Equ
ity
Gro
wth
Fu
nd II
E
quit
y G
row
th
Pens
ion
Fund
Equ
ity
Inde
x Fu
nd
Ope
ning
Bal
ance
3
5,32
4 2
49,1
84
445
,050
6
5,13
0 1
,385
,140
6
,513
,051
7
2,31
5,61
0 1
,601
,215
2
,981
,531
9
58,0
95
Add
: Ad
ditio
n du
ring
the
year
7
3,53
7 1
81,2
66
794
,738
1
44,5
40
246
,441
5
38,8
02
13,
184,
896
1,9
61,9
10
1,2
05,2
54
253
,036
Les
s : D
educ
tion
durin
g th
e ye
ar
99,
882
283
,078
8
18,7
09
177
,557
1
,328
,489
3
,542
,248
1
7,43
2,93
2 3
49,4
62
1,2
62,7
05
837
,743
Clo
sing
Bal
ance
8
,979
1
47,3
72
421
,079
3
2,11
3 3
03,0
92
3,5
09,6
05
68,
067,
574
3,2
13,6
63
2,9
24,0
80
373
,388
Par
ticu
lars
E
quit
y In
dex
Fund
- II
Equ
ity
Inde
x Pe
nsio
n Fu
nd
Equ
ity
Inde
x Pe
nsio
n Fu
nd -
II E
quit
y M
idca
p Fu
nd
Equ
ity
Mid
cap
Pens
ion
Fund
E
quit
y M
idca
p Pl
us
Fund
E
quit
y Pl
us F
und
Equ
ity
Plus
Pe
nsio
n Fu
nd
Gro
up A
sset
A
lloca
tion
Fu
nd
Gro
up D
ebt F
und
Ope
ning
Bal
ance
6
6,79
1,59
4 2
0,78
3 5
,185
,242
7
43,1
59
18,
390
398
,252
8
,096
,218
3
27,3
18
6,5
75
839
,275
Add
: Ad
ditio
n du
ring
the
year
2
8,89
3,35
5 4
8,99
9 3
,029
,299
1
35,3
23
51,
117
227
,810
1
,313
,850
1
45,4
88
1,4
25,1
92
625
,593
Les
s : D
educ
tion
durin
g th
e ye
ar
13,
095,
596
94,
903
1,9
35,0
21
599
,992
1
02,4
13
922
,333
5
,532
,935
4
77,6
17
41,
513
842
,550
Clo
sing
Bal
ance
8
2,58
9,35
3 (2
5,12
1) 6
,279
,520
2
78,4
90
(32,
906)
(296
,271
) 3
,877
,133
(4
,811
) 1
,390
,254
6
22,3
18
Par
ticu
lars
G
roup
Equ
ity
Inde
x Fu
nd
Gro
up G
row
th
Fund
- I
Gro
up L
iqui
d Fu
nd
Gro
up S
hort
Te
rm D
ebt
Fund
Gro
wth
Plu
s Fu
nd I
Gro
wth
Plu
s Fu
nd II
G
row
th P
lus
Fund
III
Life
Lon
g G
ain
Fund
L
iqui
d Fu
nd
Liq
uid
Pens
ion
Fund
Ope
ning
Bal
ance
9
5,88
5 5
01,8
11
120
,997
6
33,7
78
248
,851
-
- 1
47,3
23
1,4
93,1
05
113
,238
Add
: Ad
ditio
n du
ring
the
year
1
,531
,722
-
83,
339
79,
677
11,
026
79,
613
51,
156
146
,547
1
,685
,035
3
27,0
29
Les
s : D
educ
tion
durin
g th
e ye
ar
38,
953
555
,892
2
4,69
7 3
3,58
8 3
8,53
4 6
,508
3
,629
1
36,1
88
897
,349
2
11,9
25
Clo
sing
Bal
ance
1
,588
,654
(5
4,08
1) 1
79,6
39
679
,867
2
21,3
43
73,
105
47,
527
157
,682
2
,280
,791
2
28,3
42
(Am
ount
in R
s '00
0)
96
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Par
ticu
lars
M
ax G
ain
Fund
I M
ax G
ain
Fund
II
Pre
mie
r Bal
ance
d Fu
nd
Pre
mie
r Bon
d Fu
nd
Pre
mie
r Deb
t Fun
d P
rem
ier E
quit
y Fu
nd
Pre
mie
r Equ
ity
Gai
n Fu
nd
Pre
mie
r Equ
ity
Gro
wth
Fun
d P
rem
ier
Equi
ty In
dex
Fund
Pur
e Eq
uity
Fun
d
Ope
ning
Bal
ance
3
,582
,130
-
64,
806
304
,901
4
0,66
3 2
20,8
38
402
,384
1
,907
,199
1
,356
,397
8
04,5
49
Add
: Ad
ditio
n du
ring
the
year
2
,721
,181
6
19,4
72
8,5
39
254
,741
8
2,82
7 2
5,78
1 2
7,53
9 4
6,62
5 1
28,3
86
77,
509
Les
s : D
educ
tion
durin
g th
e ye
ar
82,
630
27,
191
19,
956
233
,376
7
4,15
4 1
36,5
49
242
,873
5
68,9
43
339
,139
2
91,2
06
Clo
sing
Bal
ance
6
,220
,681
5
92,2
81
53,
389
326
,266
4
9,33
6 1
10,0
70
187
,050
1
,384
,881
1
,145
,644
5
90,8
52
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SCH
EDU
LE F
1 : P
OLI
CYH
OLD
ERS’
CO
NTR
IBU
TIO
N
Sche
dule
s to
Fund
Rev
enue
Acc
ount
as a
t 31
st M
arch
201
1
Par
ticu
lars
P
ure
Stoc
k Fu
nd
Pur
e St
ock
Pens
ion
Fund
S
ecur
e Fu
nd
Shi
eld
Plus
Fu
nd I
Shi
eld
Plus
Fun
d II
Shi
eld
Plus
Fun
d III
S
tabl
e Fu
nd
Tot
al
Ope
ning
Bal
ance
3
,081
,081
8
5,86
9 5
27,9
93
2,7
94,2
82
- -
1,8
42,2
57
241
,841
,067
Add
: Ad
ditio
n du
ring
the
year
1
,757
,074
1
52,5
63
559
,421
1
71,2
40
828
,959
1
,212
,041
7
83,3
71
95,
309,
242
Les
s : D
educ
tion
durin
g th
e ye
ar
836
,121
5
2,49
9 1
23,3
73
207
,213
5
8,50
7 9
1,52
0 1
51,8
65
69,
147,
626
Clo
sing
Bal
ance
4
,002
,034
1
85,9
33
964
,041
2
,758
,309
7
70,4
52
1,1
20,5
21
2,4
73,7
63
268
,002
,683
(Am
ount
in R
s '00
0)
Annual Report 2011-2012
97
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)
Part
icul
ars
Acc
Mid
Cap
Fu
nd
Acc
Mid
Cap
Fun
d II
Acc
Mid
Cap
Pe
nsio
n Fu
nd
Acc
eler
ated
Fu
nd
Ass
et A
lloca
tion
Fun
d A
sset
Allo
cati
on
Pens
ion
Fund
A
ssur
ed R
etur
n Fu
nd
Bal
ance
d Fu
nd
Bal
ance
d Pl
us
Fund
B
alan
ced
Plus
Pe
nsio
n Fu
nd
APP
ROV
ED IN
VES
TMEN
TS
Gov
ernm
ent B
onds
-
- -
- 1
,253
,187
5
0,26
0 6
5,11
5 -
- -
Cor
pora
te B
onds
-
- -
1,0
59
4,2
27,2
70
137
,082
-
- -
-
Infr
astr
uctu
re B
onds
-
- -
3,0
44
10,
244,
475
722
,670
-
- -
-
Equ
ity
7,2
20,5
44
1,1
43,1
76
743
,906
9
,683
1
4,68
9,28
8 7
26,7
34
- -
- -
Mon
ey M
arke
t 1
,424
,763
2
50,9
14
287
,718
1
,278
3
,696
,393
6
31,0
30
- -
- -
Mut
ual F
und
- -
- -
- -
- -
- -
Ban
k Fi
xed
Dep
osits
1
7,25
0 -
- 8
,150
2
,598
,700
2
70,4
00
- -
- -
Equ
ity L
inke
d D
eben
ture
-
- -
- 1
,097
,965
-
- -
- -
Tot
al
8,6
62,5
57
1,3
94,0
90
1,0
31,6
24
23,
214
37,
807,
278
2,5
38,1
76
65,
115
- -
-
OTH
ER IN
VES
TMEN
TS
Cor
pora
te B
onds
-
- -
- 3
50,4
38
- -
- -
-
Infr
astr
uctu
re B
onds
-
- -
- -
- -
- -
-
Equ
ity
1,2
59,6
89
185
,044
1
34,6
12
1,0
62
1,8
63,1
74
120
,039
-
- -
-
Mon
ey M
arke
t -
- -
- -
- -
- -
-
Mut
ual F
und
- -
- 2
00
- 8
0,40
0 3
,000
-
- -
Gol
d ET
F -
- -
- -
- -
- -
-
Tot
al
1,2
59,6
89
185
,044
1
34,6
12
1,2
62
2,2
13,6
12
200
,439
3
,000
-
- -
Gra
nd T
otal
9
,922
,246
1
,579
,134
1
,166
,236
2
4,47
6 4
0,02
0,89
0 2
,738
,615
6
8,11
5 -
- -
% o
f App
rove
d to
Tot
al87
.30%
88.2
8%88
.46%
94.8
4%94
.47%
92.6
8%95
.60%
0.00
%0.
00%
0.00
%
% o
f Oth
er th
an A
ppro
ved
to T
otal
12.7
0%11
.72%
11.5
4%5.
16%
5.53
%7.
32%
4.40
%0.
00%
0.00
%0.
00%
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SCH
EDU
LE F
2 : I
NV
ESTM
ENTS
Sc
hedu
les t
o Fu
nd R
even
ue A
ccou
nt a
s at
31st
Mar
ch 2
011
(Am
ount
in R
s '00
0)
98
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Part
icul
ars
Blu
e Ch
ip
Equi
ty F
und
Bon
d Fu
nd
Bon
d Pe
nsio
n Fu
nd
Cap
ital
Gua
rant
ee
Fund
- 201
2 C
apit
al G
uara
ntee
Fu
nd- 2
014
Cap
ital
Gua
rant
ee
Fund
- 201
7 C
apit
al S
hiel
d-I
Cap
ital
Shi
eld-
II C
ash
Fund
C
ash
Plus
Fun
d
APP
ROV
ED IN
VES
TMEN
TS
Gov
ernm
ent B
onds
-
- -
34,
819
1,9
24
12,
896
- -
- -
Cor
pora
te B
onds
-
1,5
24,7
34
242
,755
8
,976
-
- 1
82,7
42
6,9
94
- -
Infr
astr
uctu
re B
onds
-
1,9
73,7
49
467
,656
-
- 5
,422
3
87,5
36
14,
216
- -
Equ
ity
719
,302
-
- 2
9,93
2 1
,823
1
7,07
2 6
7,85
6 -
- -
Mon
ey M
arke
t 1
73,4
79
2,7
62,4
43
575
,859
-
284
-
16,
445
6,1
13
608
,614
7
20,3
38
Mut
ual F
und
- -
- -
- -
- -
- -
Ban
k Fi
xed
Dep
osits
-
983
,690
3
98,0
50
5,0
00
1,2
00
- 2
73,2
10
- 2
02,5
00
244
,750
Equ
ity L
inke
d D
eben
ture
-
- -
- -
- -
648
,737
-
-
Tot
al
892
,781
7
,244
,616
1
,684
,320
7
8,72
7 5
,231
3
5,39
0 9
27,7
89
676
,060
8
11,1
14
965
,088
OTH
ER IN
VES
TMEN
TS
Cor
pora
te B
onds
-
- -
- -
- -
- -
-
Infr
astr
uctu
re B
onds
-
- -
- -
- -
- -
-
Equ
ity
47,
551
- -
1,6
57
101
9
45
5,9
41
- -
-
Mon
ey M
arke
t -
- -
- -
- -
- -
-
Mut
ual F
und
- 3
00
- 9
00
200
2
00
- -
- -
Gol
d ET
F -
- -
- -
- -
- -
-
Tot
al
47,
551
300
-
2,5
57
301
1
,145
5
,941
-
- -
Gra
nd T
otal
9
40,3
32
7,2
44,9
16
1,6
84,3
20
81,
284
5,5
32
36,
535
933
,730
6
76,0
60
811
,114
9
65,0
88
% o
f App
rove
d to
Tot
al94
.94%
100.
00%
100.
00%
96.8
5%94
.56%
96.8
7%99
.36%
100.
00%
100.
00%
100.
00%
% o
f Oth
er th
an A
ppro
ved
to T
otal
5.06
%0.
00%
0.00
%3.
15%
5.44
%3.
13%
0.64
%0.
00%
0.00
%0.
00%
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SCH
EDU
LE F
2 : I
NV
ESTM
ENTS
Sc
hedu
les t
o Fu
nd R
even
ue A
ccou
nt a
s at
31st
Mar
ch 2
011
(Am
ount
in R
s '00
0)
Annual Report 2011-2012
99
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)
Part
icul
ars
Cas
h Pl
us
Pens
ion
Fund
D
ebt F
und
Deb
t Plu
s Fu
nd
Deb
t Plu
s Pe
nsio
n Fu
nd
Equ
ity
Fund
E
quit
y G
ain
Fund
E
quit
y G
row
th
Fund
E
quit
y G
row
th
Fund
II
Equ
ity
Gro
wth
Pe
nsio
n Fu
nd
Equ
ity
Inde
x Fu
nd
APP
ROV
ED IN
VES
TMEN
TS
Gov
ernm
ent B
onds
-
- -
- -
- -
- -
-
Cor
pora
te B
onds
-
258
,772
1
82,1
40
16,
506
- -
- -
- -
Infr
astr
uctu
re B
onds
-
275
,224
3
65,1
62
34,
991
- -
- -
- -
Equ
ity
- -
- -
3,5
53,6
73
5,7
88,8
40
61,
593,
210
2,1
04,2
48
2,9
21,7
27
1,9
27,9
84
Mon
ey M
arke
t 3
6,15
6 2
36,3
14
393
,359
4
9,70
4 2
2,88
8 5
50,3
58
12,
645,
899
741
,252
6
62,2
48
9,5
36
Mut
ual F
und
- -
- -
- -
- -
- -
Ban
k Fi
xed
Dep
osits
1
3,60
0 9
8,90
0 2
47,5
50
19,
950
- 2
50,5
00
577
,990
5
9,70
0 5
0,00
0 -
Equ
ity L
inke
d D
eben
ture
-
- -
- -
- -
- -
-
Tot
al
49,
756
869
,210
1
,188
,211
1
21,1
51
3,5
76,5
61
6,5
89,6
98
74,
817,
099
2,9
05,2
00
3,6
33,9
75
1,9
37,5
20
OTH
ER IN
VES
TMEN
TS
Cor
pora
te B
onds
-
- -
- -
- -
- -
-
Infr
astr
uctu
re B
onds
-
- -
- -
- -
- -
-
Equ
ity
- -
- -
196
,717
1
,439
,394
8
,794
,869
4
41,3
07
617
,529
1
06,7
26
Mon
ey M
arke
t -
- -
- -
- -
- -
-
Mut
ual F
und
- 2
00
- -
- -
1,0
00
- 1
,500
-
Gol
d ET
F -
- -
- -
- -
- -
-
Tot
al
- 2
00
- -
196
,717
1
,439
,394
8
,795
,869
4
41,3
07
619
,029
1
06,7
26
Gra
nd T
otal
4
9,75
6 8
69,4
10
1,1
88,2
11
121
,151
3
,773
,278
8
,029
,092
8
3,61
2,96
8 3
,346
,507
4
,253
,004
2
,044
,246
% o
f App
rove
d to
Tot
al10
0.00
%99
.98%
100.
00%
100.
00%
94.7
9%82
.07%
89.4
8%86
.81%
85.4
4%94
.78%
% o
f Oth
er th
an A
ppro
ved
to T
otal
0.00
%0.
02%
0.00
%0.
00%
5.21
%17
.93%
10.5
2%13
.19%
14.5
6%5.
22%
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SC
HED
ULE
F2
: IN
VES
TMEN
TS
Sche
dule
s to
Fund
Rev
enue
Acc
ount
as a
t 31
st M
arch
201
1(A
mou
nt in
Rs '
000)
100
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Part
icul
ars
Equ
ity
Inde
x Fu
nd -
II E
quit
y In
dex
Pens
ion
Fund
E
quit
y In
dex
Pens
ion
Fund
- II
Equ
ity
Mid
cap
Fund
E
quit
y M
idca
p Pe
nsio
n Fu
nd
Equ
ity
Mid
cap
Plus
Fu
nd
Equ
ity
Plus
Fun
d E
quit
y Pl
us
Pens
ion
Fund
G
roup
Ass
et
Allo
cati
on F
und
Gro
up D
ebt
Fund
APP
ROV
ED IN
VES
TMEN
TS
Gov
ernm
ent B
onds
-
- -
- -
- -
- 1
,002
-
Cor
pora
te B
onds
-
- -
- -
- -
- 5
0,55
1 1
26,2
66
Infr
astr
uctu
re B
onds
-
- -
- -
- -
- 5
0,32
4 2
63,9
47
Equ
ity
87,
636,
857
134
,117
7
,187
,251
8
12,0
79
75,
514
1,1
78,0
39
7,7
24,4
68
512
,894
5
85,7
50
-
Mon
ey M
arke
t 9
37,0
59
- 9
3,89
8 2
49,3
07
20,
261
376
,186
1
,330
,602
7
6,84
4 2
55,8
22
155
,756
Mut
ual F
und
- -
- -
- -
- -
- -
Ban
k Fi
xed
Dep
osits
-
- -
- -
- -
- 9
1,50
0 2
09,8
00
Equ
ity L
inke
d D
eben
ture
-
- -
- -
- -
- -
-
Tot
al
88,
573,
916
134
,117
7
,281
,149
1
,061
,386
9
5,77
5 1
,554
,225
9
,055
,070
5
89,7
38
1,0
34,9
49
755
,769
OTH
ER IN
VES
TMEN
TS
Cor
pora
te B
onds
-
- -
- -
- -
- -
-
Infr
astr
uctu
re B
onds
-
- -
- -
- -
- -
-
Equ
ity
4,8
69,5
39
7,4
24
397
,856
1
46,1
75
13,
665
212
,812
1
,590
,141
1
07,9
13
63,
805
-
Mon
ey M
arke
t -
- -
- -
- -
- -
-
Mut
ual F
und
- 2
00
700
-
- -
- -
1,1
00
-
Gol
d ET
F -
- -
- -
- -
- -
-
Tot
al
4,8
69,5
39
7,6
24
398
,556
1
46,1
75
13,
665
212
,812
1
,590
,141
1
07,9
13
64,
905
-
Gra
nd T
otal
9
3,44
3,45
5 1
41,7
41
7,6
79,7
05
1,2
07,5
61
109
,440
1
,767
,037
1
0,64
5,21
1 6
97,6
51
1,0
99,8
54
755
,769
% o
f App
rove
d to
Tot
al94
.79%
94.6
2%94
.81%
87.9
0%87
.51%
87.9
6%85
.06%
84.5
3%94
.10%
100.
00%
% o
f Oth
er th
an A
ppro
ved
to T
otal
5.21
%5.
38%
5.19
%12
.10%
12.4
9%12
.04%
14.9
4%15
.47%
5.90
%0.
00%
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SCH
EDU
LE F
2 : I
NV
ESTM
ENTS
Sc
hedu
les t
o Fu
nd R
even
ue A
ccou
nt a
s at
31st
Mar
ch 2
011
(Am
ount
in R
s '00
0)
Annual Report 2011-2012
101
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)
Part
icul
ars
Gro
up E
quit
y In
dex
Fund
G
roup
Gro
wth
Fu
nd -
I G
roup
Liq
uid
Fund
G
roup
Sho
rt
Term
Deb
t Fun
d G
row
th P
lus
Fund
I G
row
th P
lus
Fund
II
Gro
wth
Plu
s Fu
nd II
I L
ife L
ong
Gai
n Fu
nd
Liq
uid
Fund
L
iqui
d Pe
nsio
n Fu
nd
APP
ROV
ED IN
VES
TMEN
TS
Gov
ernm
ent B
onds
-
- -
97,
352
- -
- 2
7,04
5 -
-
Cor
pora
te B
onds
-
- -
64,
196
59,
758
- 1
,018
4
,907
-
-
Infr
astr
uctu
re B
onds
-
- -
391
,465
1
26,2
69
- 5
,877
3
5,76
5 -
-
Equ
ity
1,2
56,9
08
- -
- -
- 3
4,19
7 -
- -
Mon
ey M
arke
t 9
,174
-
166
,872
-
20,
321
7,2
70
- 1
14,4
67
1,6
38,8
58
212
,909
Mut
ual F
und
- -
- -
- -
- -
- -
Ban
k Fi
xed
Dep
osits
-
- 3
1,45
0 1
95,0
00
- -
- 1
5,00
0 4
44,8
00
33,
000
Equ
ity L
inke
d D
eben
ture
-
- -
- -
53,
670
- -
- -
Tot
al
1,2
66,0
82
- 1
98,3
22
748
,013
2
06,3
48
60,
940
41,
092
197
,184
2
,083
,658
2
45,9
09
OTH
ER IN
VES
TMEN
TS
Cor
pora
te B
onds
-
- -
- -
- -
- -
-
Infr
astr
uctu
re B
onds
-
- -
- -
- -
- -
-
Equ
ity
69,
577
- -
- -
- 7
,142
-
- -
Mon
ey M
arke
t -
- -
- -
- -
- -
-
Mut
ual F
und
8,0
00
- -
- 1
4,70
0 2
,000
2
,100
3
,500
-
-
Gol
d ET
F -
- -
- -
- -
- -
-
Tot
al
77,
577
- -
- 1
4,70
0 2
,000
9
,242
3
,500
-
-
Gra
nd T
otal
1
,343
,659
-
198
,322
7
48,0
13
221
,048
6
2,94
0 5
0,33
4 2
00,6
84
2,0
83,6
58
245
,909
% o
f App
rove
d to
Tot
al94
.23%
0.00
%10
0.00
%10
0.00
%93
.35%
96.8
2%81
.64%
98.2
6%10
0.00
%10
0.00
%
% o
f Oth
er th
an A
ppro
ved
to T
otal
5.77
%0.
00%
0.00
%0.
00%
6.65
%3.
18%
18.3
6%1.
74%
0.00
%0.
00%
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SC
HED
ULE
F2
: IN
VES
TMEN
TS
Sche
dule
s to
Fund
Rev
enue
Acc
ount
as a
t 31
st M
arch
201
1(A
mou
nt in
Rs '
000)
102
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Part
icul
ars
Max
Gai
n Fu
nd I
Max
Gai
n Fu
nd II
P
rem
ier
Bala
nced
Fun
d P
rem
ier B
ond
Fund
P
rem
ier D
ebt F
und
Pre
mie
r Equ
ity
Fund
P
rem
ier E
quit
y G
ain
Fund
P
rem
ier E
quit
y G
row
th F
und
Pre
mie
r Equ
ity
Inde
x Fu
nd
Pur
e Eq
uity
Fu
nd
APP
ROV
ED IN
VES
TMEN
TS
Gov
ernm
ent B
onds
-
- -
- -
- -
- -
-
Cor
pora
te B
onds
-
- -
45,
735
15,
065
- -
- -
-
Infr
astr
uctu
re B
onds
-
- -
142
,625
2
9,53
0 -
- -
- -
Equ
ity
2,9
82,3
38
- -
- -
347
,081
4
24,6
44
1,3
86,4
49
1,3
50,6
72
672
,303
Mon
ey M
arke
t 2
,760
,756
5
32,2
65
- 1
31,2
67
54,
986
- 8
8,86
5 2
49,6
19
5,8
47
247
,812
Mut
ual F
und
- -
- -
- -
- -
- -
Ban
k Fi
xed
Dep
osits
-
10,
000
- 6
2,41
0 1
4,75
0 -
- -
- -
Equ
ity L
inke
d D
eben
ture
-
- -
- -
- -
- -
-
Tot
al
5,7
43,0
94
542
,265
-
382
,037
1
14,3
31
347
,081
5
13,5
09
1,6
36,0
68
1,3
56,5
19
920
,115
OTH
ER IN
VES
TMEN
TS
Cor
pora
te B
onds
-
- -
- -
- -
- -
-
Infr
astr
uctu
re B
onds
-
- -
- -
- -
- -
-
Equ
ity
164
,110
-
- -
- 1
9,21
3 8
9,42
0 2
78,9
60
74,
768
131
,040
Mon
ey M
arke
t -
- -
- -
- -
- -
-
Mut
ual F
und
- 1
3,70
0 -
- 4
,000
-
- -
- -
Gol
d ET
F -
- -
- -
- -
- -
-
Tot
al
164
,110
1
3,70
0 -
- 4
,000
1
9,21
3 8
9,42
0 2
78,9
60
74,
768
131
,040
Gra
nd T
otal
5
,907
,204
5
55,9
65
- 3
82,0
37
118
,331
3
66,2
94
602
,929
1
,915
,028
1
,431
,287
1
,051
,155
% o
f App
rove
d to
Tot
al97
.22%
97.5
4%0.
00%
100.
00%
96.6
2%94
.75%
85.1
7%85
.43%
94.7
8%87
.53%
% o
f Oth
er th
an A
ppro
ved
to T
otal
2.78
%2.
46%
0.00
%0.
00%
3.38
%5.
25%
14.8
3%14
.57%
5.22
%12
.47%
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SC
HED
ULE
F2
: IN
VES
TMEN
TS
Sche
dule
s to
Fund
Rev
enue
Acc
ount
as a
t 31
st M
arch
201
1(A
mou
nt in
Rs '
000)
Annual Report 2011-2012
103
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)
Part
icul
ars
Pur
e St
ock
Fund
P
ure
Stoc
k Pe
nsio
n Fu
nd
Sec
ure
Fund
S
hiel
d Pl
us F
und
I S
hiel
d Pl
us F
und
II S
hiel
d Pl
us F
und
III
Sta
ble
Fund
T
otal
APP
ROV
ED IN
VES
TMEN
TS
Gov
ernm
ent B
onds
-
- 7
7,97
9 3
06,7
90
37,
964
67,
059
428
2
,033
,820
Cor
pora
te B
onds
-
- 1
71,7
39
99,
840
29,
952
143
,335
4
04,9
92
8,0
06,3
84
Infr
astr
uctu
re B
onds
-
- 2
94,7
42
1,0
35,2
40
330
,106
3
24,6
70
650
,042
1
8,17
4,74
7
Equ
ity
3,2
53,3
54
163
,884
1
49,0
85
303
,558
6
7,85
8 -
868
,266
2
22,3
66,5
64
Mon
ey M
arke
t 5
81,0
74
- 1
40,0
02
53,
061
38,
462
223
,244
2
70,1
03
37,
546,
354
Mut
ual F
und
- -
- -
- -
- -
Ban
k Fi
xed
Dep
osits
-
- 1
80,5
00
1,0
25,0
00
260
,000
2
49,0
00
527
,400
9
,670
,700
Equ
ity L
inke
d D
eben
ture
-
- -
- -
- -
1,8
00,3
72
Tot
al
3,8
34,4
28
163
,884
1
,014
,047
2
,823
,489
7
64,3
42
1,0
07,3
08
2,7
21,2
31
299
,598
,941
OTH
ER IN
VES
TMEN
TS
Cor
pora
te B
onds
-
- -
- -
- -
350
,438
Infr
astr
uctu
re B
onds
-
- -
- -
- -
-
Equ
ity
616
,552
1
4,10
4 1
6,31
7 2
6,58
1 5
,941
-
93,
740
24,
233,
152
Mon
ey M
arke
t -
- -
- -
- -
-
Mut
ual F
und
- -
- -
6,4
00
20,
700
- 1
65,0
00
Gol
d ET
F -
- -
- -
- -
-
Tot
al
616
,552
1
4,10
4 1
6,31
7 2
6,58
1 1
2,34
1 2
0,70
0 9
3,74
0 2
4,74
8,59
0
Gra
nd T
otal
4
,450
,980
1
77,9
88
1,0
30,3
64
2,8
50,0
70
776
,683
1
,028
,008
2
,814
,971
3
24,3
47,5
31
% o
f App
rove
d to
Tot
al86
.15%
92.0
8%98
.42%
99.0
7%98
.41%
97.9
9%96
.67%
92.3
7%
% o
f Oth
er th
an A
ppro
ved
to T
otal
13.8
5%7.
92%
1.58
%0.
93%
1.59
%2.
01%
3.33
%7.
63%
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SC
HED
ULE
F2
: IN
VES
TMEN
TS
Sche
dule
s to
Fund
Rev
enue
Acc
ount
as a
t 31
st M
arch
201
1(A
mou
nt in
Rs '
000)
104
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Par
ticu
lars
A
cc M
id C
ap
Fund
A
cc M
id C
ap
Fund
II
Acc
Mid
Cap
Pe
nsio
n Fu
nd
Acc
eler
ated
Fun
d A
sset
Allo
cati
on
Fund
A
sset
Allo
cati
on
Pens
ion
Fund
A
ssur
ed R
etur
n Fu
nd
Bal
ance
d Fu
nd
Bal
ance
d Pl
us
Fund
B
alan
ced
Plus
Pe
nsio
n Fu
nd
Acc
ured
Inte
rest
1
,167
-
- 6
45
564
,128
4
2,93
4 3
54
- -
-
Ban
k Ba
lanc
es
23,
741
75,
517
- 7
2 1
55,1
03
22,
147
11,
023
71
9
2
Div
iden
d Re
ceiv
able
4
,004
4
84
423
-
3,5
10
240
-
- -
-
Rec
eiva
bles
for S
ale
of In
vest
men
ts
68,
193
10,
012
8,3
39
- 2
,585
,503
1
95,2
32
- -
- -
Mar
gin
Rece
ivab
le
116
,631
-
- -
312
,394
4
,855
-
- -
-
App
ropr
iatio
n / E
xpro
pria
tion
(ASS
ETS)
3
1,39
8 5
,159
-
30
133
,060
9
,613
7
-
- -
App
licat
ion
Mon
ey
- -
- -
- -
- -
- -
Tot
al
245
,134
9
1,17
2 8
,762
7
47
3,7
53,6
98
275
,021
1
1,38
4 7
1 9
2
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SCH
EDU
LE F
3: C
URR
ENT
ASS
ETS
Sche
dule
s to
Fund
Rev
enue
Acc
ount
as a
t 31
st M
arch
201
1(A
mou
nt in
Rs '
000)
Par
ticu
lars
B
lue
Chip
Eq
uity
Fun
d B
ond
Fund
B
ond
Pens
ion
Fund
C
apit
al G
uara
ntee
Fu
nd- 2
012
Cap
ital
Gua
rant
ee
Fund
- 201
4 C
apit
al G
uara
ntee
Fu
nd- 2
017
Cap
ital
Shi
eld-
I C
apit
al
Shie
ld-II
C
ash
Fund
C
ash
Plus
Fu
nd
Acc
ured
Inte
rest
-
157
,412
2
8,42
9 6
61
292
3
81
74,
033
25,
841
7,3
70
6,2
94
Ban
k Ba
lanc
es
89,
422
70,
154
11,
105
- 2
2 5
3 -
98
2,6
47
-
Div
iden
d Re
ceiv
able
4
5 -
- 7
-
3
81
- -
-
Rec
eiva
bles
for S
ale
of In
vest
men
ts
- -
- -
- -
- -
- -
Mar
gin
Rece
ivab
le
- -
- -
- -
- -
- -
App
ropr
iatio
n / E
xpro
pria
tion
(ASS
ETS)
2
,116
7
43
- -
6
37
- 7
0 8
1
0
App
licat
ion
Mon
ey
- -
- -
- -
- -
- -
Tot
al
91,
583
228
,309
3
9,53
4 6
68
320
4
74
74,
114
26,
009
10,
025
6,3
04
Par
ticu
lars
C
ash
Plus
Pe
nsio
n Fu
nd
Deb
t Fun
d D
ebt P
lus
Fund
D
ebt P
lus
Pens
ion
Fund
E
quit
y Fu
nd
Equ
ity
Gai
n Fu
nd
Equ
ity
Gro
wth
Fu
nd
Equ
ity
Gro
wth
Fu
nd II
Equ
ity
Gro
wth
Pe
nsio
n Fu
nd
Equ
ity
Inde
x Fu
nd
Acc
ured
Inte
rest
2
,109
1
3,84
8 2
9,01
5 3
,380
-
6,3
00
28,
411
3,8
80
1,4
91
-
Ban
k Ba
lanc
es
- 4
,113
1
2,28
0 -
4,3
11
12,
353
183
,594
7
9,04
4 1
4,17
2 4
,203
Div
iden
d Re
ceiv
able
-
- -
- 6
93
120
6
1,88
5 -
- 3
76
Rec
eiva
bles
for S
ale
of In
vest
men
ts
- -
- -
- 1
34,5
79
590
,624
-
- -
Mar
gin
Rece
ivab
le
- -
- -
- 1
8,00
5 -
- -
-
App
ropr
iatio
n / E
xpro
pria
tion
(ASS
ETS)
1
8
9 1
22
- -
- 2
71,7
00
10,
889
13,
827
-
App
licat
ion
Mon
ey
- -
- -
- -
- -
- -
Tot
al
2,1
10
18,
050
41,
417
3,3
80
5,0
04
171
,357
1
,136
,214
9
3,81
3 2
9,49
0 4
,579
Annual Report 2011-2012
105
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)
Par
ticu
lars
E
quit
y In
dex
Fund
- II
Equ
ity
Inde
x Pe
nsio
n Fu
nd
Equ
ity
Inde
x Pe
nsio
n Fu
nd -
II E
quit
y M
idca
p Fu
nd
Equ
ity
Mid
cap
Pens
ion
Fund
E
quit
y M
idca
p Pl
us F
und
Equ
ity
Plus
Fun
d E
quit
y Pl
us
Pens
ion
Fund
G
roup
Ass
et
Allo
cati
on F
und
Gro
up D
ebt
Fund
Acc
ured
Inte
rest
-
- -
- -
- -
- 1
1,88
4 1
2,73
4
Ban
k Ba
lanc
es
237
,641
7
88
49,
874
1,6
15
- 3
,271
2
7,40
6 1
,888
2
97,6
89
96,
476
Div
iden
d Re
ceiv
able
1
6,84
9 2
7 1
,382
4
12
43
668
1
,007
-
- -
Rec
eiva
bles
for S
ale
of In
vest
men
ts
149
,513
-
- 9
,024
8
46
13,
240
578
,742
-
- -
Mar
gin
Rece
ivab
le
56,
953
- -
- -
- 3
4,75
2 -
- -
App
ropr
iatio
n / E
xpro
pria
tion
(ASS
ETS)
2
10,1
77
321
1
7,28
1 -
- -
- 2
,268
3
,613
7
7
App
licat
ion
Mon
ey
- -
- -
- -
100
,000
-
- -
Tot
al
671
,133
1
,136
6
8,53
7 1
1,05
1 8
89
17,
179
741
,907
4
,156
3
13,1
86
109
,287
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SCH
EDU
LE F
3: C
URR
ENT
ASS
ETS
Sche
dule
s to
Fund
Rev
enue
Acc
ount
as a
t 31
st M
arch
201
1(A
mou
nt in
Rs '
000)
Par
ticu
lars
G
roup
Equ
ity
Inde
x Fu
nd
Gro
up
Gro
wth
Fu
nd -
I
Gro
up L
iqui
d Fu
nd
Gro
up S
hort
Ter
m
Deb
t Fun
d G
row
th P
lus
Fund
I G
row
th P
lus
Fund
II
Gro
wth
Plu
s Fu
nd II
I L
ife L
ong
Gai
n Fu
nd
Liq
uid
Fund
L
iqui
d Pe
nsio
n Fu
nd
Acc
ured
Inte
rest
-
- 2
,023
1
8,42
1 7
,254
-
211
1
,330
1
6,19
7 2
,857
Ban
k Ba
lanc
es
244
,045
5
4 1
7,52
3 4
,097
7
-
13
2,8
19
13,
834
523
Div
iden
d Re
ceiv
able
2
15
- -
- -
- -
- -
-
Rec
eiva
bles
for S
ale
of In
vest
men
ts
- -
- -
- -
- -
- -
Mar
gin
Rece
ivab
le
- -
- -
- -
- -
- -
App
ropr
iatio
n / E
xpro
pria
tion
(ASS
ETS)
3
,024
-
2
77
22
6
5
- 2
2 -
App
licat
ion
Mon
ey
- -
- -
- -
- -
- -
Tot
al
247
,284
5
4 1
9,54
8 2
2,59
5 7
,283
6
2
29
4,1
49
30,
053
3,3
80
Par
ticu
lars
M
ax G
ain
Fund
I M
ax G
ain
Fund
II
Pre
mie
r Ba
lanc
ed F
und
Pre
mie
r Bon
d Fu
nd
Pre
mie
r Deb
t Fun
d P
rem
ier E
quit
y Fu
nd
Pre
mie
r Equ
ity
Gai
n Fu
nd
Pre
mie
r Equ
ity
Gro
wth
Fun
d P
rem
ier E
quit
y In
dex
Fund
P
ure
Equi
ty
Fund
Acc
ured
Inte
rest
-
650
-
5,8
93
750
-
- -
- -
Ban
k Ba
lanc
es
159
,050
3
2,30
9 -
644
-
609
-
- -
2,2
13
Div
iden
d Re
ceiv
able
5
73
- -
- -
68
- -
264
8
25
Rec
eiva
bles
for S
ale
of In
vest
men
ts
- -
- -
- -
- -
- 1
6,07
2
Mar
gin
Rece
ivab
le
- -
- -
- -
- -
- 4
7,98
7
App
ropr
iatio
n / E
xpro
pria
tion
(ASS
ETS)
1
9,20
0 1
,809
-
- -
- -
- -
-
App
licat
ion
Mon
ey
- -
- -
- -
- -
- -
Tot
al
178
,823
3
4,76
8 -
6,5
37
750
6
77
- -
264
6
7,09
7
106
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Par
ticu
lars
P
ure
Stoc
k Fu
nd
Pur
e St
ock
Pens
ion
Fund
S
ecur
e Fu
nd
Shi
eld
Plus
Fun
d I
Shi
eld
Plus
Fun
d II
Shi
eld
Plus
Fun
d III
S
tabl
e Fu
nd
Tot
al
Acc
ured
Inte
rest
-
- 3
0,02
6 4
5,58
4 1
4,99
7 1
8,84
9 4
7,37
5 1
,235
,410
Ban
k Ba
lanc
es
21,
877
32,
244
63,
698
- -
85,
014
1,1
25
2,1
73,6
02
Div
iden
d Re
ceiv
able
3
,908
2
74
- 3
66
81
- 6
41
99,
474
Rec
eiva
bles
for S
ale
of In
vest
men
ts
64,
287
- -
- -
- -
4,4
24,2
06
Mar
gin
Rece
ivab
le
6,3
18
- -
- -
- -
597
,895
App
ropr
iatio
n / E
xpro
pria
tion
(ASS
ETS)
1
4,62
7 6
78
531
-
- 1
05
2,8
63
755
,593
App
licat
ion
Mon
ey
- -
- -
- -
- 1
00,0
00
Tot
al
111
,017
3
3,19
6 9
4,25
5 4
5,95
0 1
5,07
8 1
03,9
68
52,
004
9,3
86,1
80
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SC
HED
ULE
F3:
CU
RREN
T A
SSET
S Sc
hedu
les t
o Fu
nd R
even
ue A
ccou
nt a
s at
31st
Mar
ch 2
011
(Am
ount
in R
s '00
0)
Annual Report 2011-2012
107
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)
Par
ticu
lars
A
cc M
id C
ap
Fund
A
cc M
id C
ap
Fund
II
Acc
Mid
Cap
Pen
sion
Fu
nd
Acc
eler
ated
Fu
nd
Ass
et A
lloca
tion
Fun
d A
sset
Allo
cati
on P
ensi
on
Fund
A
ssur
ed R
etur
n Fu
nd
Bal
ance
d Fu
nd
Bal
ance
d Pl
us
Fund
B
alan
ced
Plus
Pe
nsio
n Fu
nd
Pay
able
for p
urch
ase
of In
vest
men
ts
451
,101
2
,091
1
,601
-
2,5
86,0
40
32,
684
- -
- -
Oth
er C
urre
nt L
iabi
litie
s 5
11
65
47
1
1,5
58
112
2
-
- -
Ban
k Ba
lanc
es
- -
1,7
84
- -
- -
- -
-
App
ropr
iatio
n / E
xpro
pria
tion
(Lia
bilit
y)
- -
3,8
14
- -
- -
- -
-
Tot
al
451
,612
2
,156
7
,246
1
2
,587
,598
3
2,79
6 2
-
- -
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SCH
EDU
LE F
4: C
URR
ENT
LIA
BILI
TIES
Sche
dule
s to
Fund
Rev
enue
Acc
ount
as a
t 31
st M
arch
201
1
Par
ticu
lars
B
lue
Chip
Eq
uity
Fun
d B
ond
Fund
B
ond
Pens
ion
Fund
C
apit
al
Gua
rant
ee F
und-
20
12
Cap
ital
Gua
rant
ee
Fund
- 201
4 C
apit
al G
uara
ntee
Fun
d-
2017
C
apit
al S
hiel
d-I
Cap
ital
Sh
ield
-II
Cas
h Fu
nd
Cas
h Pl
us F
und
Pay
able
for p
urch
ase
of In
vest
men
ts
- -
- -
- -
- -
- -
Oth
er C
urre
nt L
iabi
litie
s 3
6 8
50
250
3
-
1
84
68
55
23
Ban
k Ba
lanc
es
- -
- 5
69
- -
85
- -
26,
510
App
ropr
iatio
n / E
xpro
pria
tion
(Lia
bilit
y)
- -
171
8
3 -
- 1
00
- -
-
Tot
al
36
850
4
21
655
-
1
269
6
8 5
5 2
6,53
3
Par
ticu
lars
C
ash
Plus
Pe
nsio
n Fu
nd
Deb
t Fun
d D
ebt P
lus
Fund
D
ebt P
lus
Pens
ion
Fund
E
quit
y Fu
nd
Equ
ity
Gai
n Fu
nd
Equ
ity
Gro
wth
Fu
nd
Equ
ity
Gro
wth
Fu
nd II
E
quit
y G
row
th
Pens
ion
Fund
E
quit
y In
dex
Fund
Pay
able
for p
urch
ase
of In
vest
men
ts
- -
- -
- 2
08,2
15
689
,684
-
- -
Oth
er C
urre
nt L
iabi
litie
s 1
2
03
311
2
5 2
57
663
4
,421
1
37
173
6
4
Ban
k Ba
lanc
es
668
-
- 1
,924
-
- -
- -
-
App
ropr
iatio
n / E
xpro
pria
tion
(Lia
bilit
y)
- -
- 1
2 8
,491
2
5,93
4 -
- -
4,6
00
Tot
al
669
2
03
311
1
,961
8
,748
2
34,8
12
694
,105
1
37
173
4
,664
Par
ticu
lars
E
quit
y In
dex
Fund
- II
Equ
ity
Inde
x Pe
nsio
n Fu
nd
Equ
ity
Inde
x Pe
nsio
n Fu
nd -
II E
quit
y M
idca
p Fu
nd
Equ
ity
Mid
cap
Pens
ion
Fund
E
quit
y M
idca
p Pl
us F
und
Equ
ity
Plus
Fu
nd
Equ
ity
Plus
Pe
nsio
n Fu
nd
Gro
up A
sset
A
lloca
tion
Fu
nd
Gro
up D
ebt
Fund
Pay
able
for p
urch
ase
of In
vest
men
ts
250
,824
-
- 1
,660
1
52
2,4
22
293
,244
-
- -
Oth
er C
urre
nt L
iabi
litie
s: 3
,555
5
2
92
101
5
8
1 5
02
32
42
109
Ban
k Ba
lanc
es
- -
- -
318
-
- -
- -
App
ropr
iatio
n / E
xpro
pria
tion
(Lia
bilit
y)
- -
- 3
,949
3
58
5,7
80
35,
966
- -
-
Tot
al
254
,379
5
2
92
5,7
10
833
8
,283
3
29,7
12
32
42
109
Par
ticu
lars
G
roup
Equ
ity
Inde
x Fu
nd
Gro
up
Gro
wth
Fu
nd -
I
Gro
up L
iqui
d Fu
nd
Gro
up S
hort
Te
rm D
ebt F
und
Gro
wth
Plu
s Fu
nd I
Gro
wth
Plu
s Fu
nd II
G
row
th P
lus
Fund
III
Life
Lon
g G
ain
Fund
L
iqui
d Fu
nd
Liq
uid
Pens
ion
Fund
Pay
able
for p
urch
ase
of In
vest
men
ts
- -
- -
- -
- -
- -
Oth
er C
urre
nt L
iabi
litie
s 6
1 -
5
22
9
2
2
13
63
7
Ban
k Ba
lanc
es
- -
- -
- 3
2 -
- -
-
App
ropr
iatio
n / E
xpro
pria
tion
(Lia
bilit
y)
- -
- -
- -
- 2
0 -
2
Tot
al
61
- 5
2
2 9
3
4 2
3
3 6
3 9
(Am
ount
in R
s '00
0)
108
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Par
ticu
lars
M
ax G
ain
Fund
I M
ax G
ain
Fund
II
Pre
mie
r Bal
ance
d Fu
nd
Pre
mie
r Bon
d Fu
nd
Pre
mie
r Deb
t Fun
d P
rem
ier E
quit
y Fu
nd
Pre
mie
r Equ
ity
Gai
n Fu
nd
Pre
mie
r Equ
ity
Gro
wth
Fun
d P
rem
ier E
quit
y In
dex
Fund
P
ure
Equi
ty
Fund
Pay
able
for p
urch
ase
of In
vest
men
ts
- -
- -
- -
- -
- 1
88,4
58
Oth
er C
urre
nt L
iabi
litie
s 2
68
25
- 3
2 8
2
5 4
1 1
59
119
4
2
Ban
k Ba
lanc
es
- -
- -
33
- 6
47
847
9
25
-
App
ropr
iatio
n / E
xpro
pria
tion
(Lia
bilit
y)
- -
- 3
9 1
2 8
26
1,9
59
6,2
25
3,2
21
3,0
15
Tot
al
268
2
5 -
71
53
851
2
,647
7
,231
4
,265
1
91,5
15
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SC
HED
ULE
F4:
CU
RREN
T LI
ABI
LITI
ESSc
hedu
les t
o Fu
nd R
even
ue A
ccou
nt a
s at
31st
Mar
ch 2
011
Par
ticu
lars
P
ure
Stoc
k Fu
nd
Pur
e St
ock
Pens
ion
Fund
S
ecur
e Fu
nd
Shi
eld
Plus
Fu
nd I
Shi
eld
Plus
Fun
d II
Shi
eld
Plus
Fun
d III
S
tabl
e Fu
nd
Tot
al
Pay
able
for p
urch
ase
of In
vest
men
ts
24,
962
- -
- -
- -
4,7
33,1
38
Oth
er C
urre
nt L
iabi
litie
s 1
83
9
39
118
3
2 4
3 1
62
16,
134
Ban
k Ba
lanc
es
- -
- 3
,164
2
82
- -
37,
788
App
ropr
iatio
n / E
xpro
pria
tion
(Lia
bilit
y)
- -
- 2
90
79
- -
104
,946
Tot
al
25,
145
9
39
3,5
72
393
4
3 1
62
4,8
92,0
06
(Am
ount
in R
s '00
0)
Annual Report 2011-2012
109
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)
Par
ticu
lars
A
cc M
id C
ap
Fund
A
cc M
id C
ap
Fund
II
Acc
Mid
Cap
Pen
sion
Fu
nd
Acc
eler
ated
Fun
d A
sset
Allo
cati
on
Fund
A
sset
Allo
cati
on P
ensi
on
Fund
A
ssur
ed
Retu
rn F
und
Bal
ance
d Fu
nd
Bal
ance
d Pl
us F
und
Bal
ance
d Pl
us
Pens
ion
Fund
Pol
icy
Adm
inis
trat
ion
Char
ge
167
,147
4
7,85
0 7
,937
-
1,9
08,4
21
31,
018
- -
- -
Sur
rend
er C
harg
e -
- -
- -
- -
- -
-
Sw
itchi
ng C
harg
e 7
8 -
11
- 1
1 -
- -
- -
Mor
talit
y Ch
arge
7
9,48
8 1
8,22
5 8
91
- 4
62,7
36
4,1
05
760
-
- -
Rid
er P
rem
ium
Cha
rge
14,
781
580
8
8 -
67,
891
236
3
4 -
- -
Par
tial W
ithdr
awal
Cha
rge
- -
- -
- -
- -
- -
Mis
cella
neou
s Cha
rge
- -
- -
- -
- -
- -
Ser
vice
Tax
Exp
ense
s 3
2,16
6 8
,496
3
,061
3
4 1
96,6
87
7,0
03
87
- -
-
Tot
al
293
,660
7
5,15
1 1
1,98
8 3
4 2
,635
,746
4
2,36
2 8
81
- -
-
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SC
HED
ULE
F5:
OTH
ER E
XPE
NSE
SSc
hedu
les t
o Fu
nd R
even
ue A
ccou
nt a
s at
31st
Mar
ch 2
011
Par
ticu
lars
B
lue
Chip
Eq
uity
Fun
d B
ond
Fund
B
ond
Pens
ion
Fund
C
apit
al G
uara
ntee
Fu
nd- 2
012
Cap
ital
Gua
rant
ee
Fund
- 201
4 C
apit
al G
uara
ntee
Fun
d-
2017
C
apit
al S
hiel
d-I
Cap
ital
Sh
ield
-II
Cas
h Fu
nd
Cas
h Pl
us
Fund
Pol
icy
Adm
inis
trat
ion
Char
ge
4,8
40
178
,283
5
,695
1
,492
9
3 6
67
- -
- 2
,740
Sur
rend
er C
harg
e -
- -
- -
- -
- -
-
Sw
itchi
ng C
harg
e -
266
4
0 -
- -
- -
46
205
Mor
talit
y Ch
arge
1
,755
7
8,84
8 6
20
1,3
39
106
4
82
- -
10,
088
5,4
70
Rid
er P
rem
ium
Cha
rge
85
18,
223
38
- -
- -
- 3
,155
7
50
Par
tial W
ithdr
awal
Cha
rge
- -
- -
- -
- -
- -
Mis
cella
neou
s Cha
rge
- -
- -
- -
- -
- -
Ser
vice
Tax
Exp
ense
s 4
66
23,
944
2,6
02
307
2
3 1
23
2,7
92
2,3
19
3,4
51
2,1
26
Tot
al
7,1
46
299
,564
8
,995
3
,138
2
22
1,2
72
2,7
92
2,3
19
16,
740
11,
291
Par
ticu
lars
C
ash
Plus
Pe
nsio
n Fu
nd
Deb
t Fun
d D
ebt P
lus
Fund
D
ebt P
lus
Pens
ion
Fund
E
quit
y Fu
nd
Equ
ity
Gai
n Fu
nd
Equ
ity
Gro
wth
Fu
nd
Equ
ity
Gro
wth
Fu
nd II
Equ
ity
Gro
wth
Pe
nsio
n Fu
nd
Equ
ity
Inde
x Fu
nd
Pol
icy
Adm
inis
trat
ion
Char
ge
249
1
5
,958
4
96
3
- 1
,739
,498
9
3,32
7 3
2,29
6 1
3,53
5
Sur
rend
er C
harg
e -
- -
- -
- -
- -
-
Sw
itchi
ng C
harg
e 7
7 1
24
286
3
48
90
75
71
- 9
2
07
Mor
talit
y Ch
arge
7
7 1
0,14
3 9
,606
1
84
29,
524
68,
124
863
,824
3
2,61
9 1
,800
1
4,81
0
Rid
er P
rem
ium
Cha
rge
13
2,0
95
1,2
76
43
7,8
58
13,
028
143
,496
7
80
101
2
,345
Par
tial W
ithdr
awal
Cha
rge
- -
- -
- -
- -
- -
Mis
cella
neou
s Cha
rge
- -
- -
- -
- -
- -
Ser
vice
Tax
Exp
ense
s 1
00
3,5
48
2,8
50
218
1
3,34
8 3
3,82
3 3
06,5
20
17,
861
8,0
86
5,0
44
Tot
al
516
1
5,91
1 1
9,97
6 1
,289
5
0,82
3 1
15,0
50
3,0
53,4
09
144
,587
4
2,29
2 3
5,94
1
(Am
ount
in R
s '00
0)
110
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Par
ticu
lars
E
quit
y In
dex
Fund
- II
Equ
ity
Inde
x Pe
nsio
n Fu
nd
Equ
ity
Inde
x Pe
nsio
n Fu
nd -
II E
quit
y M
idca
p Fu
nd
Equ
ity
Mid
cap
Pens
ion
Fund
E
quit
y M
idca
p Pl
us F
und
Equ
ity
Plus
Fu
nd
Equ
ity
Plus
Pe
nsio
n Fu
nd
Gro
up A
sset
A
lloca
tion
Fu
nd
Gro
up D
ebt
Fund
Pol
icy
Adm
inis
trat
ion
Char
ge
3,0
19,0
02
656
7
0,34
5 -
424
5
,698
4
6,20
9 2
,948
2
,307
-
Sur
rend
er C
harg
e -
- -
- -
- -
- -
-
Sw
itchi
ng C
harg
e 2
13
180
4
8 2
9 7
5 1
47
407
4
18
- -
Mor
talit
y Ch
arge
1
,086
,479
2
11
5,2
75
9,8
69
66
7,8
80
68,
809
568
1
1,39
7 -
Rid
er P
rem
ium
Cha
rge
170
,413
7
8 3
22
2,5
88
16
1,9
93
11,
458
168
7
6 -
Par
tial W
ithdr
awal
Cha
rge
- -
- -
- -
- -
- -
Mis
cella
neou
s Cha
rge
- -
- -
- -
- -
- -
Ser
vice
Tax
Exp
ense
s 3
57,2
29
264
1
5,20
0 5
,380
2
33
4,4
49
28,
787
1,4
56
2,0
45
670
Tot
al
4,6
33,3
36
1,3
89
91,
190
17,
866
814
2
0,16
7 1
55,6
70
5,5
58
15,
825
670
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SC
HED
ULE
F5:
OTH
ER E
XPE
NSE
SSc
hedu
les t
o Fu
nd R
even
ue A
ccou
nt a
s at
31st
Mar
ch 2
011
Par
ticu
lars
G
roup
Equ
ity
Inde
x Fu
nd
Gro
up
Gro
wth
Fu
nd -
I
Gro
up L
iqui
d Fu
nd
Gro
up S
hort
Ter
m
Deb
t Fun
d G
row
th P
lus
Fund
I G
row
th P
lus
Fund
II
Gro
wth
Plu
s Fu
nd II
I L
ife L
ong
Gai
n Fu
nd
Liq
uid
Fund
L
iqui
d Pe
nsio
n Fu
nd
Pol
icy
Adm
inis
trat
ion
Char
ge
3,8
65
- -
- 4
,708
1
,142
3
40
- 8
9,70
8 8
56
Sur
rend
er C
harg
e -
- -
- -
- -
- -
-
Sw
itchi
ng C
harg
e -
- -
- -
- -
- 6
1 1
5
Mor
talit
y Ch
arge
1
6,12
5 -
- -
710
1
79
65
728
4
4,22
5 5
3
Rid
er P
rem
ium
Cha
rge
483
-
- -
- -
2
- 1
2,25
9 5
Par
tial W
ithdr
awal
Cha
rge
- -
- -
- -
- -
- -
Mis
cella
neou
s Cha
rge
- -
- -
- -
- -
- -
Ser
vice
Tax
Exp
ense
s 4
,251
-
204
9
36
540
1
07
28
519
1
6,28
5 3
51
Tot
al
24,
724
- 2
04
936
5
,958
1
,428
4
35
1,2
47
162
,538
1
,280
Par
ticu
lars
M
ax G
ain
Fund
I M
ax G
ain
Fund
II
Pre
mie
r Bal
ance
d Fu
nd
Pre
mie
r Bon
d Fu
nd
Pre
mie
r Deb
t Fu
nd
Pre
mie
r Equ
ity
Fund
P
rem
ier E
quit
y G
ain
Fund
P
rem
ier
Equi
ty G
row
th
Fund
Pre
mie
r Eq
uity
Inde
x Fu
nd
Pur
e Eq
uity
Fu
nd
Pol
icy
Adm
inis
trat
ion
Char
ge
294
,144
-
- 2
,189
1
,220
3
,961
6
,591
1
6,02
4 1
0,94
9 3
2,66
0
Sur
rend
er C
harg
e -
- -
- -
- -
- -
-
Sw
itchi
ng C
harg
e -
- -
33
6
2
4
5
29
1
Mor
talit
y Ch
arge
7
5,63
8 1
2,48
1 -
1,6
10
505
1
,675
2
,582
1
1,01
4 7
,615
1
5,08
7
Rid
er P
rem
ium
Cha
rge
1,2
49
- -
- -
- -
- -
1,1
93
Par
tial W
ithdr
awal
Cha
rge
- -
- -
- -
- -
- -
Mis
cella
neou
s Cha
rge
- -
- -
- -
- -
- -
Ser
vice
Tax
Exp
ense
s 2
4,40
5 1
,519
-
1,2
84
349
1
,213
1
,978
7
,423
5
,260
4
,140
Tot
al
395
,436
1
4,00
0 -
5,1
16
2,0
80
6,8
51
11,
155
34,
466
23,
853
53,
081
(Am
ount
in R
s '00
0)
Annual Report 2011-2012
111
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)
Par
ticu
lars
P
ure
Stoc
k Fu
nd
Pur
e St
ock
Pens
ion
Fund
S
ecur
e Fu
nd
Shi
eld
Plus
Fun
d I
Shi
eld
Plus
Fun
d II
Shi
eld
Plus
Fun
d III
S
tabl
e Fu
nd
Tot
al
Pol
icy
Adm
inis
trat
ion
Char
ge
172
,376
1
,497
-
56,
511
12,
762
7,2
53
- 8
,107
,891
Sur
rend
er C
harg
e -
- -
- -
- -
-
Sw
itchi
ng C
harg
e 1
1 2
-
- -
- -
3,6
30
Mor
talit
y Ch
arge
6
3,55
2 1
82
- 1
0,58
7 1
,755
1
,502
-
3,1
54,0
48
Rid
er P
rem
ium
Cha
rge
6,9
72
30
- -
- 2
9 -
486
,230
Par
tial W
ithdr
awal
Cha
rge
- -
- -
- -
- -
Mis
cella
neou
s Cha
rge
- -
- -
- -
- -
Ser
vice
Tax
Exp
ense
s 1
9,25
6 7
29
1,0
23
6,5
80
1,3
50
626
3
,792
1
,196
,946
Tot
al
262
,167
2
,440
1
,023
7
3,67
8 1
5,86
7 9
,410
3
,792
12
,948
,745
Appe
ndix
II R
efer
Sch
edul
e 16
Not
e 24
SCH
EDU
LE F
5: O
THER
EX
PEN
SES
Sche
dule
s to
Fund
Rev
enue
Acc
ount
as a
t 31
st M
arch
201
1(A
mou
nt in
Rs '
000)
112
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Name of Related Party Issuer/Counterparty/Broker Type of Transaction Current Year
Bajaj Auto Ltd. Counter Party Purchase 485,769
Bajaj Auto Ltd. Counter Party Sale 260,586
Bajaj Finance Ltd. Issuer Interest 8,300
Name of Related Party Issuer/Counterparty/Broker Type of Transaction Previous Year
Bajaj Holding and Investments Ltd. Counter Party Sale 106,065
Bajaj Auto Ltd. Counter Party Sale 694,157
Bajaj Finance Ltd. Issuer Purchase 100,000
Company Name % of holding in AUM (2012) % of holding in AUM (2011)
Bajaj Finance Ltd. 0.033% 0.030%
(Rs in ‘000)
Bajaj Finance Limited (Earlier Known as Bajaj Auto Finance Limited)
ii) Company wise details of investments held in the promoter group:
119
Appendix III refer Schedule 16 Note 24
Schedules forming part of financial statements for year ended 31st March 2012
Disclosure for Unit Linked Business as per Unit Linked Disclosure Norms:
Performance of Fund: Refer Enclosure “A”
I. Investment Management
i) Activities outsourced: Nil.
ii) Fees paid for various activities charged to Policyholders’ account: Refer Enclosure “B”.
iii) Basis of Payment of Fees: Refer Enclosure “B”.
II. Related party transactions
i) During the year details of payments and receipts made to/from related parties are as follows:
iii) Industry wise Disclosure of Investment: Refer Enclosure “C”.
iv) Unclaimed redemption of Units: As on 31st March 12 there are no unclaimed redemption of units.
v) Highest, Lowest and Closing NAV at the end of the year: Refer Enclosure “D”.
vi) Expenses Charged to Fund (percentage basis):
i) Annualized expense ratio to average daily assets of the Fund: Refer Enclosure “E”
vii) Ratio of Gross income to average daily net assets: Refer Enclosure “F”
viii) There are no doubtful debts on assets as on 31st March 12.
vi) Disclosure of appreciation and/or depreciation in value of investments: Refer Enclosure “G”
Annual Report 2011-2012
113
(Rs in ‘000)
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24
Appendix III Refer Schedule 16 Note 24
Enclosure A : Performance of Fund (Absolute Growth %)
* Balance Fund’s Last decleared NAV considered as of 23 Dec 2011
Fund Names Date of Inception
Current Year
2011-12 (%)
2010-11 (%)
2009-10 (%)
Since Inception
(%)
Acc Mid Cap Fund 24-Jul-06 (5.07) 6.69 124.22 101.29
Acc Mid Cap Pension Fund
24-Jul-06 (3.54) 5.70 134.12 112.02
Accelerated Fund 18-Nov-04 3.86 15.44 52.37 159.74
Accelerator Mid Cap Fund II
6-Jan-10 (4.23) 8.37 7.97 12.06
Asset Allocation Fund
28-Sep-07 1.64 8.20 34.67 36.13
Asset Allocation Pension Fund
28-Jan-08 2.09 7.04 32.45 28.06
Assured Return Fund
27-Jan-11 5.13 1.84 - 7.06
Balanced Fund * 15-Jan-04 - 8.11 33.39 72.87
Balanced Plus Fund *
23-Jul-04 - 9.41 34.28 108.85
Balanced Plus Pension Fund *
18-Nov-04 - 9.81 33.93 99.85
Blue Chip Equity Fund
26-Oct-10 (3.39) (5.22) - (8.43)
Bond Fund 10-Jul-06 7.68 6.66 9.06 61.80
Bond Pension Fund 24-Jul-06 8.15 6.78 8.93 66.00
Capital Guarantee Fund- 2012
11-Jan-07 (3.53) 5.51 18.24 31.08
Capital Guarantee Fund- 2014
11-Jan-07 1.20 7.06 19.46 37.95
Capital Guarantee Fund- 2017
11-Jan-07 (1.85) 9.74 29.00 40.80
Capital Shield-I 24-Nov-08 5.34 5.70 16.84 36.07
Capital Shield-II 24-Nov-08 (3.44) 8.55 30.69 42.42
Cash Fund 15-Jan-04 7.30 5.56 6.70 60.63
Cash Plus Fund 23-Jul-04 9.08 7.12 8.57 80.00
Cash Plus Pension Fund
18-Nov-04 9.18 7.62 9.26 81.16
Debt Fund 15-Jan-04 6.43 5.98 6.78 54.51
Debt Plus Fund 23-Jul-04 8.05 7.45 9.19 74.24
Debt Plus Pension Fund
18-Nov-04 9.18 7.65 9.83 81.20
Equity Fund 15-Jan-04 (9.83) 9.73 70.20 138.16
Equity Gain Fund 23-Jul-04 (3.96) 10.20 70.45 246.11
Equity Growth Fund 24-Jul-06 (0.34) 12.72 69.47 68.76
Equity Growth Fund II
6-Jan-10 2.37 16.38 6.14 26.45
Equity Growth Pension Fund
24-Jul-06 2.36 16.46 80.56 87.95
Equity Index Fund 23-Jul-04 (8.74) 11.11 72.53 218.23
Equity Index Fund - II
24-Jul-06 (9.26) 10.78 72.41 69.98
Equity Index Pension Fund
18-Nov-04 (8.89) 11.79 72.78 181.26
Equity Index Pension Fund - II
24-Jul-06 (9.18) 10.80 72.32 66.68
Equity Midcap Fund 9-Mar-05 (4.48) 2.06 100.11 185.01
Equity Midcap Pension Fund
9-Mar-05 (3.25) 6.96 132.89 305.43
Equity Midcap Plus Fund
9-Mar-05 (3.77) 6.18 128.82 261.48
Fund Names Date of Inception
Current Year
2011-12 (%)
2010-11 (%)
2009-10 (%)
Since Inception
(%)
Equity Plus Fund 23-Jul-04 (0.56) 10.19 73.30 279.42
Equity Plus Pension Fund
18-Nov-04 2.61 16.70 84.61 300.71
Group Asset Allocation Fund
26-Feb-10 (0.49) 20.02 2.76 22.73
Group Blue Chip Fund
18-Apr-11 (0.95) - - (0.95)
Group Debt Fund 26-Mar-08 8.44 7.92 10.14 45.13
Group Equity Fund 18-Apr-11 1.94 - - 1.94
Group Equity Index Fund
22-Feb-10 (9.75) 9.60 0.71 (0.39)
Group Growth Fund-I
7-Jul-09 - - 3.62 10.78
Group Growth Fund-II
11-May-11 5.71 - - 5.71
Group Liquid Fund 3-Nov-08 9.14 7.35 11.24 37.07
Group Return Shield Fund
21-Jun-11 4.97 - - 4.97
Group Short Term Debt Fund
28-Feb-09 6.34 9.01 7.15 24.43
Group Short Term Debt Fund - II
18-Apr-11 4.59 - - 4.59
Growth Plus Fund I 14-Jan-10 5.98 5.45 0.93 12.80
Growth Plus Fund II 10-May-10 (2.60) (11.65) - (13.95)
Growth Plus Fund III 26-Oct-10 2.83 7.47 - 10.51
Guaranteed Bond Fund
5-Dec-11 2.16 - - 2.16
Life Long Gain Fund 23-Jul-04 4.60 4.17 6.20 38.22
Liquid Fund 10-Jul-06 8.78 6.87 8.11 60.41
Liquid Pension Fund 24-Jul-06 8.85 7.16 8.53 61.35
Max Gain Fund I 17-Dec-09 (2.26) 9.49 3.10 10.34
Max Gain Fund II 14-Sep-10 (3.51) 5.07 - 1.37
Premier Balanced Fund *
17-Dec-05 - 7.28 30.91 50.23
Premier Bond Fund 21-Jul-06 5.73 4.63 7.29 45.65
Premier Debt Fund 17-Dec-05 6.40 4.93 8.66 55.15
Premier Equity Fund 17-Dec-05 (9.73) 9.77 70.40 75.11
Premier Equity Gain Fund
17-Dec-05 2.06 14.26 81.77 119.99
Premier Equity Growth Fund
24-Jul-06 1.59 15.34 75.45 71.00
Premier Equity Index Fund
24-Jul-06 (10.26) 9.14 69.20 55.40
Pure Equity Fund 17-Dec-05 (0.04) 7.61 80.20 134.81
Pure Stock Fund 21-Jul-06 (0.51) 7.44 75.79 118.35
Pure Stock Pension Fund
17-Apr-08 (2.08) 7.56 109.23 77.03
Secure Fund 15-Oct-04 5.61 9.39 21.21 90.09
Shield Plus Fund I 13-Jan-10 5.72 7.37 0.35 13.92
Shield Plus Fund II 10-May-10 5.80 5.78 - 11.91
Shield Plus Fund III 11-Aug-10 6.46 3.42 - 10.10
Shield Plus Fund IV 20-Apr-11 6.03 - - 6.03
Stable Fund 15-Sep-04 4.28 7.78 29.79 93.24
114
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Appe
ndix
III R
efer
Sch
edul
e 16
Not
e 24
Encl
osur
e B:
Fee
s Ch
arge
d to
Pol
icyh
olde
rs’ A
ccou
nt
Part
icul
ars
Curr
ent Y
ear
Prev
ious
Yea
r
Fund
M
anag
emen
t Ex
pens
es
Fund
A
dmin
istr
atio
n Ex
pens
es
Serv
ice
Tax
Polic
y A
dmin
istr
atio
n Ch
arge
Swit
chin
g Ch
arge
Mor
talit
y Ch
arge
Ride
r Pr
emiu
m
Char
ge
Fund
M
anag
emen
t Ex
pens
es
Fund
A
dmin
istr
atio
n Ex
pens
es
Serv
ice
Tax
Polic
y A
dmin
istr
atio
n Ch
arge
Swit
chin
g Ch
arge
Mor
talit
y Ch
arge
Ride
r Pr
emiu
m
Char
ge
Acc
Mid
Cap
Fun
d 1
50,5
25
- 4
3,19
4 1
68,6
58
69
80,
669
13,
735
172
,918
-
32,
166
167
,147
7
8 7
9,48
8 1
4,78
1
Acc
Mid
Cap
Pen
sion
Fun
d 1
5,31
7 -
3,1
37
8,5
99
6
1,0
50
110
1
3,80
0 -
3,0
61
7,9
37
11
891
8
8
Acce
lera
ted
Fund
286
-
47
31
- 1
02
- 3
00
- 3
4 -
- -
-
Acc
Mid
Cap
Fun
d II
26,
675
- 1
6,69
4 6
9,06
8 -
23,
433
801
1
1,02
4 -
8,4
96
47,
850
- 1
8,22
5 5
80
Asse
t Allo
catio
n Fu
nd 4
95,9
38
- 2
73,2
89
1,6
01,1
72
9
381
,131
5
5,01
1 4
68,0
51
- 1
96,6
87
1,9
08,4
21
11
462
,736
6
7,89
1
Asse
t Allo
catio
n Pe
nsio
n Fu
nd 3
7,43
0 -
9,5
86
25,
056
1
4,0
65
215
3
1,47
3 -
7,0
03
31,
018
0
4,1
05
236
Assu
red
Retu
rn F
und
1,7
08
- 3
,265
-
- 1
0,23
9 3
39
71
- 8
7 -
- 7
60
34
Bala
nced
Fun
d -
- -
- -
- -
- -
- -
- -
-
Bala
nced
Plu
s Fun
d -
- -
- -
- -
- -
- -
- -
-
Bala
nced
Plu
s Pen
sion
Fun
d -
- -
- -
- -
- -
- -
- -
-
Blue
Chi
p Eq
uity
Fun
d 1
5,05
3 -
8,8
95
20,
024
- 1
0,20
6 3
91
2,5
66
- 4
66
4,8
40
- 1
,755
8
5
Bond
Fun
d 7
4,50
4 -
44,
087
189
,656
3
29
82,
295
16,
739
59,
944
- 2
3,94
4 1
78,2
83
266
7
8,84
8 1
8,22
3
Bond
Pen
sion
Fun
d 1
7,87
2 -
4,2
26
6,3
03
40
654
3
6 1
2,30
2 -
2,6
02
5,6
95
40
620
3
8
Capi
tal G
uara
ntee
Fun
d- 2
012
856
-
309
1
,172
-
1,0
57
- 1
,234
-
307
1
,492
-
1,3
39
-
Capi
tal G
uara
ntee
Fun
d- 2
014
63
- 2
3 7
4 -
88
- 8
9 -
23
93
- 1
06
-
Capi
tal G
uara
ntee
Fun
d- 2
017
400
-
134
5
66
- 3
91
- 5
37
- 1
23
667
-
482
-
Capi
tal S
hiel
d-I
27,
815
- 2
,865
-
- -
- 2
7,10
7 -
2,7
92
- -
- -
Capi
tal S
hiel
d-II
21,
683
- 2
,234
-
- -
- 2
2,51
4 -
2,3
19
- -
- -
Cash
Fun
d 7
,778
9
,723
3
,036
-
42
9,1
95
2,6
89
9,1
57
11,
447
3,4
51
- 4
6 1
0,08
8 3
,155
Cash
Plu
s Fun
d 6
,375
-
2,2
50
2,4
80
147
5
,465
6
59
7,9
62
- 2
,126
2
,740
2
05
5,4
70
750
Cash
Plu
s Pen
sion
Fun
d 3
20
- 1
07
179
5
1 5
5 1
1 4
70
- 1
00
249
7
7 7
7 1
3
Deb
t Fun
d 8
,241
1
0,30
1 2
,642
1
6
8 5
,901
1
,132
9
,986
1
2,48
2 3
,548
1
1
24
10,
143
2,0
95
Deb
t Plu
s Fun
d 7
,745
-
2,8
15
3,6
88
219
6
,456
7
94
8,9
18
- 2
,850
5
,958
2
86
9,6
06
1,2
76
Deb
t Plu
s Pen
sion
Fun
d 6
83
- 1
93
238
3
5 9
4 2
1 9
40
- 2
18
496
3
48
184
4
3
Equi
ty F
und
31,
480
39,
349
10,
502
2
45
24,
986
6,0
70
41,
378
51,
722
13,
348
3
90
29,
524
7,8
58
Equi
ty G
ain
Fund
99,
990
83,
325
26,
423
- 9
5 6
2,18
7 1
0,83
2 1
35,9
27
113
,273
3
3,82
3 0
7
5 6
8,12
4 1
3,02
8
Equi
ty G
row
th F
und
1,3
23,1
33
- 3
96,4
55
1,5
30,9
15
88
813
,348
1
29,0
71
1,4
64,2
42
- 3
06,5
20
1,7
39,4
98
71
863
,824
1
43,4
96
Equi
ty G
row
th F
und
II 5
3,19
3 -
25,
571
115
,665
-
33,
161
875
3
3,27
7 -
17,
861
93,
327
- 3
2,61
9 7
80
Equi
ty G
row
th P
ensi
on F
und
52,
595
- 9
,516
2
7,59
6 9
1
,811
8
5 5
5,23
5 -
8,0
86
32,
296
9
1,8
00
101
Equi
ty In
dex
Fund
16,
838
- 4
,845
1
0,31
1 1
07
11,
966
1,7
17
22,
323
- 5
,044
1
3,53
5 2
07
14,
810
2,3
45
Equi
ty In
dex
Fund
- II
1,0
31,0
97
- 5
21,7
58
2,6
63,5
77
323
1
,009
,443
1
55,7
80
1,0
53,7
10
- 3
57,2
29
3,0
19,0
02
213
1
,086
,479
1
70,4
13
Equi
ty In
dex
Pens
ion
Fund
1,1
13
- 2
26
388
2
3 1
34
56
1,6
11
- 2
64
656
1
80
211
7
8
Equi
ty In
dex
Pens
ion
Fund
- II
87,
014
- 1
9,01
8 6
3,44
3 4
4 5
,202
2
96
86,
693
- 1
5,20
0 7
0,34
5 4
8 5
,275
3
22
Equi
ty M
idca
p Fu
nd 1
5,61
0 1
3,00
8 4
,129
-
24
9,2
41
2,1
79
21,
848
18,
207
5,3
80
0
29
9,8
69
2,5
88
Equi
ty M
idca
p Pe
nsio
n Fu
nd 1
,361
-
185
2
86
3
66
12
1,9
90
- 2
33
424
7
5 6
6 1
6
Equi
ty M
idca
p Pl
us F
und
22,
988
- 3
,902
4
,946
4
9 7
,370
1
,706
3
1,48
0 -
4,4
49
5,6
98
147
7
,880
1
,993
Equi
ty P
lus F
und
140
,258
-
25,
803
37,
605
251
6
0,44
3 9
,554
1
85,6
57
- 2
8,78
7 4
6,20
9 4
07
68,
809
11,
458
Equi
ty P
lus P
ensi
on F
und
7,9
43
- 1
,129
1
,990
8
9 4
48
140
1
2,20
0 -
1,4
56
2,9
48
418
5
68
168
Gro
up A
sset
Allo
catio
n Fu
nd 1
9,96
1 -
16,
859
7,5
17
- 3
8,82
8 3
42
3,3
31
- 2
,045
2
,307
-
11,
397
76
Gro
up D
ebt F
und
8,5
62
- 4
,781
8
04
- 8
,376
5
5
,272
-
670
-
- -
-
(Am
ount
in R
s '00
0)
Annual Report 2011-2012
115
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24
Part
icul
ars
Curr
ent Y
ear
Prev
ious
Yea
r
Fund
M
anag
emen
t Ex
pens
es
Fund
A
dmin
istr
atio
n Ex
pens
es
Serv
ice
Tax
Polic
y A
dmin
istr
atio
n Ch
arge
Swit
chin
g Ch
arge
Mor
talit
y Ch
arge
Ride
r Pr
emiu
m
Char
ge
Fund
M
anag
emen
t Ex
pens
es
Fund
A
dmin
istr
atio
n Ex
pens
es
Serv
ice
Tax
Polic
y A
dmin
istr
atio
n Ch
arge
Swit
chin
g Ch
arge
Mor
talit
y Ch
arge
Ride
r Pr
emiu
m
Char
ge
Gro
up E
quity
Inde
x Fu
nd 2
3,23
8 -
11,
551
8,4
93
- 3
7,16
4 5
83
5,9
30
- 4
,251
3
,865
-
16,
125
483
Gro
up G
row
th F
und
- I -
- -
- -
- -
- -
- -
- -
-
Gro
up L
iqui
d Fu
nd 1
,791
-
1,0
19
332
-
2,1
05
7
1,1
53
- 2
04
- -
- -
Gro
up S
hort
Ter
m D
ebt F
und
2,3
44
- 4
24
44
- 3
05
- 6
,585
-
936
-
- -
-
Gro
wth
Plu
s Fun
d I
3,0
63
- 7
76
4,2
01
- 6
72
- 3
,261
-
540
4
,708
-
710
-
Gro
wth
Plu
s Fun
d II
804
-
246
1
,407
-
295
-
665
-
107
1
,142
-
179
-
Gro
wth
Plu
s Fun
d III
650
-
170
8
95
- 1
83
6
203
-
28
340
-
65
2
Life
Lon
g G
ain
Fund
2,0
78
2,5
98
576
-
- 6
05
67
1,8
96
2,3
70
519
-
- 7
28
-
Liqu
id F
und
22,
712
- 1
9,03
7 9
0,32
5 9
8 3
7,78
2 1
0,41
5 1
6,63
3 -
16,
285
89,
708
61
44,
225
12,
259
Liqu
id P
ensi
on F
und
2,3
77
- 5
21
972
1
1 7
4 5
1
,745
-
351
8
56
15
53
5
Max
Gai
n Fu
nd I
82,
270
16,
455
55,
794
286
,732
-
48,
486
952
4
7,35
5 9
,471
2
4,40
5 2
94,1
44
- 7
5,63
8 1
,249
Max
Gai
n Fu
nd II
8,3
58
1,6
72
6,9
27
6,8
24
- 3
0,84
7 -
2,2
90
458
1
,519
-
- 1
2,48
1 -
Prem
ier B
alan
ced
Fund
- -
- -
- -
- -
- -
- -
- -
Prem
ier B
ond
Fund
10,
251
- 1
,421
2
,173
2
9 1
,557
-
10,
394
- 1
,284
2
,189
3
3 1
,610
-
Prem
ier D
ebt F
und
2,4
60
- 3
77
924
5
3
55
- 2
,608
-
349
1
,220
6
5
05
-
Prem
ier E
quity
Fun
d 6
,802
-
1,1
17
2,8
12
2
1,5
54
- 9
,148
-
1,2
13
3,9
61
2
1,6
75
-
Prem
ier E
quity
Gai
n Fu
nd 1
1,94
8 -
1,9
54
5,2
52
3
2,3
09
- 1
5,00
9 -
1,9
78
6,5
91
4
2,5
82
-
Prem
ier E
quity
Gro
wth
Fun
d 4
5,83
2 -
6,9
83
13,
639
8
9,6
64
- 5
7,28
2 -
7,4
23
16,
024
5
11,
014
-
Prem
ier E
quity
Inde
x Fu
nd 3
2,33
0 -
4,9
53
9,5
49
21
7,3
19
- 4
1,07
0 -
5,2
60
10,
949
29
7,6
15
0
Pure
Equ
ity F
und
11,
927
- 5
,240
2
6,83
3 1
1
3,12
9 9
77
15,
326
- 4
,140
3
2,66
0 1
1
5,08
7 1
,193
Pure
Sto
ck F
und
58,
524
- 3
0,36
1 1
57,0
35
11
61,
982
6,3
54
55,
303
- 1
9,25
6 1
72,3
76
11
63,
552
6,9
72
Pure
Sto
ck P
ensi
on F
und
3,0
40
- 7
01
1,7
13
1
174
2
5 2
,281
-
729
1
,497
2
1
82
30
Secu
re F
und
15,
848
- 2
,682
7
52
- 7
,469
-
9,0
37
- 1
,023
-
- -
-
Shie
ld P
lus F
und
I 3
9,01
1 -
10,
024
53,
158
- 1
0,04
6 -
38,
938
- 6
,580
5
6,51
1 -
10,
587
0
Shie
ld P
lus F
und
II 1
0,70
4 -
2,7
15
15,
156
- 2
,060
-
8,1
01
- 1
,350
1
2,76
2 -
1,7
55
-
Shie
ld P
lus F
und
III 1
5,22
7 -
3,6
72
18,
040
- 4
,291
1
12
4,6
22
- 6
26
7,2
53
- 1
,502
2
9
Stab
le F
und
16,
130
- 1
,901
8
0 -
229
-
33,
530
- 3
,792
-
- -
-
Gro
up E
quity
Fun
d 4
96
- 1
,566
-
- 2
63
- -
- -
- -
- -
Gro
up B
lue
Chip
Fun
d 1
06
- 4
79
- -
50
- -
- -
- -
- -
Gro
up S
hort
Ter
m D
ebt F
und
II 1
9 -
65
105
-
166
-
- -
- -
- -
-
Shie
ld P
lus F
und
IV 1
,531
-
851
1
,682
-
462
2
2 -
- -
- -
- -
Gro
up G
row
th F
und
II 7
56
- 1
05
- -
- -
- -
- -
- -
-
Gro
up R
etur
n Sh
ield
Fun
d 5
88
- 1
,302
-
- 3
98
- -
- -
- -
- -
Gua
rant
eed
Bond
Fun
d 2
,982
-
1,4
71
6,9
47
- 3
,573
-
- -
- -
- -
-
Tota
l 4
,266
,600
1
76,4
31
1,6
71,1
11
7,2
78,0
85
2,3
56
2,9
95,1
24
430
,928
4
,407
,904
2
19,4
29
1,19
6,94
4 8
,107
,892
3
,630
3
,154
,045
4
86,2
35
Basi
s of
Pay
men
t of F
ees
Fund
Man
agem
ent E
xpen
ses
% o
f NAV
Fund
Adm
inis
trat
ion
Expe
nses
% o
f NAV
/Fix
ed A
mou
nt
Serv
ice
Tax
As p
er th
e ap
plic
able
rate
s of
Serv
ice
Tax
Polic
y Ad
min
istr
atio
n Ch
arge
Char
ges a
pplic
able
p.a
.
Basi
s of
Pay
men
t of F
ees
Switc
hing
Cha
rge
Expe
nse
per s
witc
h
Mor
talit
y Ch
arge
As p
er m
orta
lity
tabl
e
Ride
r Pre
miu
m C
harg
eAs
per
ride
r cha
rges
in th
e p
olic
y do
cum
ents
(Am
ount
in R
s '00
0)
Appe
ndix
III R
efer
Sch
edul
e 16
Not
e 24
Encl
osur
e B:
Fee
s Ch
arge
d to
Pol
icyh
olde
rs’ A
ccou
nt
116
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Appendix III Refer Schedule 16 Note 24
Enclosure C: Summary of Industry Wise Disclosure of Investments
Industry Current Year Previous Year
Amt in Rs. '000 Exposure (%) Amt in Rs. '000 Exposure (%)
Banking services Industry - Fixed Deposit and Certificate of Deposit
35,897,498 12.19 44,296,402 13.66
Banking services Industry - Other than Fixed Deposit and Certificate of Deposit
40,066,155 13.60 51,139,026 15.77
Computer Software Industry - - 33,996,228 10.48
Others 218,630,181 74.21 194,915,869 60.09
Total 294,593,833 100.00 324,347,526 100.00
Note : - Industry Exposure does not include cash element
Fundwise Industrywise Disclosure of Investments
Portolio Name Current Year Previous Year
Banking Services Industry Others Banking Services Industry Computer Software Industry
Others
Amt in Rs. '000
Exposure (%)
Amt in Rs. '000
Exposure (%)
Amt in Rs. '000
Exposure (%)
Amt in Rs. '000
Exposure (%)
Amt in Rs. '000
Exposure (%)
Acc Mid Cap Fund 1,410,596 1.86 6,878,853 3.15 2,520,407 2.65 776,788 2.28 6,625,051 3.40
Acc Mid Cap Pension Fund 235,769 0.31 957,400 0.44 405,655 0.43 74,804 0.22 685,777 0.35
Accelerated Fund 7,670 0.01 15,791 0.01 10,855 0.01 972 - 12,649 0.01
Accelerator Mid Cap Fund II 538,074 0.71 1,941,109 0.89 447,631 0.47 132,871 0.39 998,631 0.51
Asset Allocation Fund 8,354,719 11.00 30,072,149 13.75 10,136,925 10.62 2,932,249 8.63 26,951,717 13.84
Asset Allocation Pension Fund 944,122 1.24 2,174,339 0.99 1,096,375 1.15 132,605 0.39 1,509,635 0.77
Assured Return Fund 45,624 0.06 154,188 0.07 - - - - 68,115 0.03
Blue Chip Equity Fund 261,870 0.34 1,262,059 0.58 326,857 0.34 130,453 0.38 483,021 0.25
Bond Fund 3,555,992 4.68 3,709,869 1.70 4,222,196 4.42 - - 3,022,721 1.55
Bond Pension Fund 889,683 1.17 1,141,636 0.52 973,909 1.02 - - 710,411 0.36
Capital Guarantee Fund- 2012 4,613 0.01 16,004 0.01 11,480 0.01 4,647 0.01 65,157 0.03
Capital Guarantee Fund- 2014 572 - 3,471 - 1,380 - 283 - 3,870 -
Capital Guarantee Fund- 2017 3,098 - 25,653 0.01 3,696 - 2,652 0.01 30,188 0.02
Capital Shield-I 145,125 0.19 725,588 0.33 269,088 0.28 5,568 0.02 659,074 0.34
Capital Shield-II - - 580,666 0.27 6,113 0.01 - - 669,948 0.34
Cash Fund 734,615 0.97 6,494 - 811,114 0.85 - - - -
Cash Plus Fund 863,182 1.14 1,898 - 965,088 1.01 - - - -
Cash Plus Pension Fund 44,125 0.06 899 - 49,756 0.05 - - - -
Debt Fund 246,661 0.32 536,717 0.25 354,541 0.37 - - 514,864 0.26
Debt Plus Fund 432,200 0.57 507,846 0.23 682,071 0.71 - - 506,139 0.26
Debt Plus Pension Fund 69,518 0.09 35,946 0.02 79,055 0.08 - - 42,096 0.02
Equity Fund 586,219 0.77 2,346,714 1.07 792,259 0.83 551,682 1.62 2,429,337 1.25
Equity Gain Fund 1,621,383 2.13 4,625,512 2.12 2,597,158 2.72 1,122,476 3.30 4,309,457 2.21
Equity Growth Fund 18,787,562 24.73 53,663,939 24.55 26,818,249 28.10 8,413,417 24.75 48,381,301 24.83
Equity Growth Fund II 1,183,020 1.56 3,533,007 1.62 1,287,275 1.35 336,963 0.99 1,722,270 0.88
Equity Growth Pension Fund 869,835 1.15 2,778,057 1.27 1,539,885 1.61 472,036 1.39 2,241,084 1.15
Equity Index Fund 305,350 0.40 1,238,358 0.57 426,943 0.45 299,303 0.88 1,318,000 0.68
Equity Index Fund - II 16,508,733 21.73 62,718,037 28.69 19,866,945 20.83 13,654,636 40.18 59,921,874 30.75
Equity Index Pension Fund 20,245 0.03 81,004 0.04 29,040 0.03 20,821 0.06 91,880 0.05
Equity Index Pension Fund - II 1,389,511 1.83 5,445,182 2.49 1,649,925 1.73 1,115,760 3.28 4,914,019 2.52
Equity Midcap Fund 154,336 0.20 822,835 0.38 377,111 0.40 81,505 0.24 748,946 0.38
Equity Midcap Pension Fund 14,903 0.02 72,444 0.03 32,205 0.03 7,478 0.02 69,756 0.04
Equity Midcap Plus Fund 249,147 0.33 1,200,082 0.55 562,182 0.59 118,068 0.35 1,086,787 0.56
Equity Plus Fund 2,245,150 2.95 6,286,678 2.88 3,305,438 3.46 1,397,745 4.11 5,942,027 3.05
Equity Plus Pension Fund 112,912 0.15 366,876 0.17 221,145 0.23 82,530 0.24 393,976 0.20
Group Asset Allocation Fund 879,860 1.16 1,160,880 0.53 510,238 0.53 62,557 0.18 527,060 0.27
Group Blue Chip Fund 3,129 - 27,466 0.01 - - - - - -
Group Debt Fund 419,572 0.55 393,744 0.18 370,277 0.39 - - 385,493 0.20
Group Equity Fund 28,926 0.04 80,176 0.04 - - - - - -
Annual Report 2011-2012
117
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24
Portolio Name Current Year Previous Year
Banking Services Industry Others Banking Services Industry Computer Software Industry
Others
Amt in Rs. '000
Exposure (%)
Amt in Rs. '000
Exposure (%)
Amt in Rs. '000
Exposure (%)
Amt in Rs. '000
Exposure (%)
Amt in Rs. '000
Exposure (%)
Group Growth Fund-I - - - - - - - - - -
Group Growth Fund-II 83,800 0.11 98,998 0.05 - - - - - -
Group Liquid Fund 318,476 0.42 699 - 195,822 0.21 - - 2,500 -
Group Return Shield Fund 36,940 0.05 62,364 0.03 - - - - - -
Group Short Term Debt Fund 20,800 0.03 58,816 0.03 195,000 0.20 - - 553,013 0.28
Group Short Term Debt Fund - II
10,726 0.01 12,879 0.01 - - - - - -
Growth Plus Fund I 73,450 0.10 147,279 0.07 40,197 0.04 - - 180,851 0.09
Growth Plus Fund II 5,890 0.01 52,316 0.02 7,270 0.01 - - 55,670 0.03
Growth Plus Fund III 9,809 0.01 38,967 0.02 9,661 0.01 5,458 0.02 35,216 0.02
Guaranteed Bond Fund 317,686 0.42 1,306,329 0.60 - - - - - -
Life Long Gain Fund 42,716 0.06 172,406 0.08 40,670 0.04 - - 160,015 0.08
Liquid Fund 2,589,088 3.41 2,098 - 2,083,658 2.19 - - - -
Liquid Pension Fund 252,553 0.33 599 - 245,909 0.26 - - - -
Max Gain Fund I 4,030,495 5.31 4,615,701 2.11 3,255,091 3.42 465,446 1.37 2,186,664 1.12
Max Gain Fund II 417,600 0.55 491,082 0.22 520,498 0.55 - - 35,467 0.02
Premier Bond Fund 141,430 0.19 205,826 0.09 193,677 0.20 - - 188,360 0.10
Premier Debt Fund 68,815 0.09 40,169 0.02 69,735 0.07 - - 48,595 0.02
Premier Equity Fund 53,886 0.07 216,301 0.10 75,142 0.08 53,885 0.16 237,268 0.12
Premier Equity Gain Fund 112,080 0.15 373,635 0.17 209,398 0.22 68,360 0.20 325,171 0.17
Premier Equity Growth Fund 358,010 0.47 1,153,453 0.53 631,316 0.66 213,233 0.63 1,070,478 0.55
Premier Equity Index Fund 207,824 0.27 844,472 0.39 298,266 0.31 209,684 0.62 923,336 0.47
Pure Equity Fund - - 722,082 0.33 - - 130,488 0.38 920,667 0.47
Pure Stock Fund - - 4,362,292 2.00 - - 653,037 1.92 3,797,943 1.95
Pure Stock Pension Fund - - 222,501 0.10 - - 24,311 0.07 153,677 0.08
Secure Fund 432,622 0.57 930,280 0.43 363,435 0.38 15,882 0.05 651,046 0.33
Shield Plus Fund I 1,084,759 1.43 1,710,492 0.78 1,154,133 1.21 24,886 0.07 1,671,049 0.86
Shield Plus Fund II 292,468 0.39 477,801 0.22 315,416 0.33 5,568 0.02 455,700 0.23
Shield Plus Fund III 329,146 0.43 762,621 0.35 502,058 0.53 - - 525,951 0.27
Shield Plus Fund IV 40,100 0.05 102,452 0.05 - - - - - -
Stable Fund 114,872 0.15 472,711 0.22 987,315 1.03 - - 1,827,656 0.94
Total 75,963,653 100.00 218,630,181 100 .00 95,435,428 100.00 33,996,228 100.00 194,915,869 100.00
118
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Appendix III Refer Schedule 16 Note 24
Banking Services- Exposure details - Scrip Wise
Instrument Current Year Previous Year
Amt in Rs. `000 (%) Amt in Rs. `000 (%)
10% HDFC Bank Ltd... - 13-Dec-2011 FD - - 49,900 0.05
10.25% Indian Overseas Bank FD (MD 27/02/2013) 250,000 0.33 250,000 0.26
10.25% Saraswat Co-Operative Bank Ltd FD (MD 28/04/2013)(Qua 100,000 0.13 - -
10.25% Saraswat Co-Operative Bank Ltd FD (MD 29/04/2013)(Qua 50,000 0.07 - -
10.35% State Bank Hyderabad FD (MD 14/03/2013) 500,000 0.66 500,000 0.52
10.36% Dena Bank FD (MD 30/03/2012) - - 250,000 0.26
10.40% State Bank of Hyderabad FD (MD 14/03/2013) 250,000 0.33 250,000 0.26
10.81% Bank of India FD (MD 15/02/2014) 250,000 0.33 - -
11.10% IDBI Bank Ltd (MD 26/09/2013) 50,771 0.07 51,536 0.05
11.50% ICICI Bank Ltd (MD 05/01/2019) 44,222 0.06 - -
6.75% State Bank of Bikaner and Jaipur FD (11/04/2011) - - 9,500 0.01
6.75% State Bank of Bikaner and Jaipur FD (12/04/2011) - - 9,500 0.01
6.75% State Bank of Bikaner and Jaipur FD (13/04/2011) - - 9,500 0.01
6.75% State Bank of Bikaner and Jaipur FD (14/04/2011) - - 9,500 0.01
6.75% State Bank of Bikaner and Jaipur FD (15/04/2011) - - 9,500 0.01
6.75% State Bank of Bikaner and Jaipur FD (18/04/2011) - - 9,500 0.01
6.75% State Bank of Bikaner and Jaipur FD (19/04/2011) - - 9,500 0.01
6.75% State Bank of Bikaner and Jaipur FD (20/04/2011) - - 9,500 0.01
6.75% State Bank of Bikaner and Jaipur FD (21/04/2011) - - 9,500 0.01
6.75% State Bank of Bikaner and Jaipur FD (22/04/2011) - - 9,500 0.01
7.0% HDFC Bank FD (MD 14/06/2011) - - 49,900 0.05
7.05% HDFC Bank FD (MD 13/06/2011) - - 49,900 0.05
7.45% State Bank of India LT (MD 05/05/2015) 18,882 0.02 18,802 0.02
7.90% Corporation Bank LT (MD 24/03/2016) 11,462 0.02 11,474 0.01
8% Saraswat Co-op Bank FD (MD 28/04/2011) - - 100,000 0.10
8.0% Saraswat Bank FD(MD 29/04/2011) - - 50,000 0.05
8.25% Canara Bank FD (MD 17/10/2011) - - 250,000 0.26
8.25% State Bank of Hyderabad FD (MD 14/10/2013) 150,000 0.20 150,000 0.16
8.75% State Bank of India FD (MD 16/03/2020) 9,500 0.01 9,500 0.01
8.75% State Bank of India FD( MD 17/03/2020) 9,500 0.01 9,500 0.01
8.75% State Bank of India FD(MD 18/03/2020) 9,500 0.01 9,500 0.01
8.75% State Bank of India FD(MD 19/03/2020) 9,500 0.01 9,500 0.01
8.75% State Bank of India FD(MD 20/03/2020) 9,500 0.01 9,500 0.01
8.8% ST BK INDIA(MD 05/06/21)RSET050616 (Call 06/06/2016) 9,723 0.01 9,813 0.01
8.80% State Bank of Hyderabad (MD 29/04/2016) 390,302 0.51 637,906 0.67
8.85% State Bank of India Upper II (MD 4/10/2021) (call 4/10 438,406 0.58 687,865 0.72
8.95% Bank of Baroda (MD 15/05/2016) 98,207 0.13 98,658 0.10
8.97% SBI UT II (MD 13/09/2021)Call option (13/09/2016) - - 98,778 0.10
9.0% Canara Bank FD 05 July 2011 - - 9,500 0.01
9.0% Canara Bank FD 07 June 2011 - - 9,500 0.01
9.0% Canara Bank FD 10 May 2011 - - 9,500 0.01
9.0% Canara Bank FD 12 April 2011 - - 9,500 0.01
9.0% Canara Bank FD 19 July 2011 - - 9,500 0.01
9.0% Canara Bank FD 21 June 2011 - - 9,500 0.01
9.0% Canara Bank FD 24 May 2011 - - 9,500 0.01
9.0% Canara Bank FD 26 April 2011 - - 9,500 0.01
9.0% Indian Bank FD 05 July 2011 - - 9,500 0.01
9.0% Indian Bank FD 07 June 2011 - - 9,500 0.01
9.0% Indian Bank FD 10 May 2011 - - 9,500 0.01
9.0% Indian Bank FD 12 April 2011 - - 9,500 0.01
9.0% Indian Bank FD 19 July 2011 - - 9,500 0.01
9.0% Indian Bank FD 21 June 2011 - - 9,500 0.01
9.0% Indian Bank FD 24 May 2011 - - 9,500 0.01
9.0% Indian Bank FD 26 April 2011 - - 9,500 0.01
9.00% Bank of India Perpetual Call 09 Dec 2019 96,939 0.13 99,107 0.10
Annual Report 2011-2012
119
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24
9.00% Canara Bank FD (MD 09/03/2020) 80,000 0.11 80,000 0.08
9.00% Canara Bank FD (MD 19/06/2020) 20,000 0.03 20,000 0.02
9.00% Canara Bank FD (MD 21/12/2020) 100,000 0.13 100,000 0.10
9.00% Punjab National Bank Perpetual Call 27 Nov 2019 95,916 0.13 98,983 0.10
9.02% Canara Bank FD (MD 05/11/2012) 500,000 0.66 500,000 0.52
9.05% State Bank of India Perpetual Call (MD 27/01/2020) 116,763 0.15 119,254 0.12
9.05% Syndicate Bank FD (MD 04/12/2012) 550,000 0.72 550,000 0.58
9.10% HDFC Bank (MD 05/09/2016) 98,668 0.13 99,778 0.10
9.10% State Bank of Hydrabad FD (19/06/2020) 60,000 0.08 60,000 0.06
9.10% State Bank of Hydrabad FD (MD 01/03/2019) 65,000 0.09 65,000 0.07
9.10% State Bank of Hydrabad FD (MD 09/03/2020) 270,000 0.36 270,000 0.28
9.10% State Bank of Hydrabad FD (MD 22/12/2020) 105,000 0.14 105,000 0.11
9.15% Canara Bank FD (MD 02/11/2020) 50,000 0.07 50,000 0.05
9.15% Canara Bank FD (MD 19/03/2020) 200,000 0.26 200,000 0.21
9.15% Canara Bank FD (MD 29/06/2020) 50,000 0.07 50,000 0.05
9.15% ICICI Bank FD ( MD 05/01/2021) 130,000 0.17 130,000 0.14
9.15% ICICI Bank FD (MD 09/03/2020) 250,000 0.33 250,000 0.26
9.15% ICICI Bank FD (MD 18/03/2019) 60,000 0.08 60,000 0.06
9.15% ICICI Bank FD (MD 22/06/2020) 60,000 0.08 60,000 0.06
9.25% IDBI OMNI BONDS Series XVIII (MD26/03/2014) 23,758 0.03 198,540 0.21
9.25% Indian Overseas Bank FD (MD 12/09/2016) 50,000 0.07 - -
9.25% OBC FD (MD 12/08/2014) 900 - - -
9.25% Oriental Bank Of Commerce FD (MD 03/01/2022) 9,900 0.01 - -
9.25% Oriental Bank of Commerce FD (MD 05/01/2022) 9,900 0.01 - -
9.25% Oriental Bank of Commerce FD (MD 06/12/2021) 9,900 0.01 - -
9.25% Oriental Bank of Commerce FD (MD 07/12/2021) 9,900 0.01 - -
9.25% Oriental Bank of Commerce FD (MD 08/01/2022) 9,900 0.01 - -
9.25% Oriental Bank of Commerce FD (MD 11/01/2022) 9,900 0.01 - -
9.25% Oriental Bank of Commerce FD (MD 12/01/2022) 9,900 0.01 - -
9.25% Oriental Bank of Commerce FD (MD 14/01/2022) 9,900 0.01 - -
9.25% Oriental Bank of Commerce FD (MD 15/12/2021) 9,900 0.01 - -
9.25% Oriental Bank of Commerce FD (MD 30/12/2021) 9,900 0.01 - -
9.25% Oriental Bank Of Commerce FD (MD 31/12/2021) 9,900 0.01 - -
9.25% Punjab National Bank FD (MD 12/09/2016) 50,000 0.07 - -
9.25% State Bank of Bikaner & Jaipur FD (MD 0 - - 9,000 0.01
9.25% State Bank of Hyderabad FD (MD 14/09/2016) 50,000 0.07 - -
9.25% State Bank of India FD (MD 17/08/2021) 9,000 0.01 - -
9.25% State Bank of India FD (MD 18/08/2021) 4,000 0.01 - -
9.30% State Bank of Bikaner & Jaipur FD (02/02/2022) 9,900 0.01 - -
9.30% State Bank of Bikaner & Jaipur FD (03/02/2022) 9,900 0.01 - -
9.30% State Bank of Bikaner & Jaipur FD (MD 01/02/2022) 9,900 0.01 - -
9.30% State Bank of Bikaner & Jaipur FD (MD 01/12/2021) 9,900 0.01 - -
9.30% State Bank of Bikaner & Jaipur FD (MD 02/12/2021) 9,900 0.01 - -
9.30% State Bank of Bikaner & Jaipur FD (MD 03/12/2021) 9,900 0.01 - -
9.30% State Bank of Bikaner & Jaipur FD (MD 06/12/2021) 9,900 0.01 - -
9.30% State Bank of Bikaner & Jaipur FD (MD 07/12/2021) 9,900 0.01 - -
9.30% State Bank of Bikaner & Jaipur FD (MD 30/01/2022) 9,900 0.01 - -
9.30% State Bank of Bikaner & Jaipur FD (MD 31/01/2022) 9,900 0.01 - -
9.30% State Bank of Bikaner and Jaipur FD (MD 27/01/2022) 9,900 0.01 - -
9.30% State Bank of Bikaner and Jaipur FD (MD 28/01/2022) 9,900 0.01 - -
9.30% State Bank of Bikaner and Jaipur FD (MD 29/01/2022) 9,900 0.01 - -
9.30% State Bank of Bikaner and JaipurFD (MD 13/12/2021) 9,900 0.01 - -
9.30% State Bank of Bikaner and JaipurFD (MD 14/12/2021) 9,900 0.01 - -
9.30% State Bank of Bikaner and JaipurFD (MD 15/12/2021) 9,900 0.01 - -
9.30% State Bank of Bikaner and JaipurFD (MD 16/12/2021) 9,900 0.01 - -
Instrument Current Year Previous Year
Amt in Rs. `000 (%) Amt in Rs. `000 (%)
Appendix III Refer Schedule 16 Note 24
Banking Services- Exposure details - Scrip Wise
120
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
9.30% State Bank of Bikaner and JaipurFD (MD 17/12/2021) 9,900 0.01 - -
9.31% Syndicate Bank FD (MD 14/12/2015) 350,000 0.46 350,000 0.37
9.40% State Bank of Hyderabad FD (MD 05/01/2016) 500,000 0.66 500,000 0.52
9.45% State Bank of India LT (MD 16/03/2026) (Call 16/03/202 49,775 0.07 - -
9.50% Canara Bank FD (MD 01/03/2019) 70,000 0.09 70,000 0.07
9.50% IDBI Bank FD (MD 01/02/2022) 9,900 0.01 - -
9.50% IDBI Bank FD (MD 02/02/2022) 9,900 0.01 - -
9.50% IDBI Bank FD (MD 04/01/2022) 9,900 0.01 - -
9.50% IDBI Bank FD (MD 05/01/2022) 9,900 0.01 - -
9.50% IDBI Bank FD (MD 08/01/2022) 9,900 0.01 - -
9.50% IDBI Bank FD (MD 10/01/2022) 9,900 0.01 - -
9.50% IDBI Bank FD (MD 11/01/2022) 9,900 0.01 - -
9.50% IDBI Bank FD (MD 12/01/2022) 9,900 0.01 - -
9.50% IDBI Bank FD (MD 13/01/2022) 9,900 0.01 - -
9.50% IDBI Bank FD (MD 14/01/2022) 9,900 0.01 - -
9.50% IDBI Bank FD (MD 16/12/2021) 9,900 0.01 - -
9.50% IDBI Bank FD (MD 17/12/2021) 9,900 0.01 - -
9.50% IDBI Bank FD (MD 20/12/2021) 9,900 0.01 - -
9.50% IDBI Bank FD (MD 21/12/2021) 9,900 0.01 - -
9.50% IDBI Bank FD (MD 22/12/2021) 9,900 0.01 - -
9.50% IDBI Bank FD (MD 30/12/2021) 7,500 0.01 - -
9.50% IDBI Bank Ltd FD (MD 11/08/2014) 900 - - -
9.50% IDBI FD (MD 27/01/2022) 9,900 0.01 - -
9.50% State Bank of Bikaner & Jaipur FD (MD 05/09/2016) 9,900 0.01 - -
9.50% State Bank of Bikaner & Jaipur FD (MD 06/09/2016) 9,900 0.01 - -
9.50% State Bank of Bikaner & Jaipur FD (MD 07/09/2016) 9,900 0.01 - -
9.50% State Bank of Bikaner & Jaipur FD (MD 08/09/2016) 9,900 0.01 - -
9.50% State Bank of Bikaner & Jaipur FD (MD 09/08/2014) 900 - - -
9.50% State Bank of Bikaner & Jaipur FD (MD 09/09/2016) 9,900 0.01 - -
9.50% State Bank of Bikaner and Jaipur FD (MD 01/07/2020) 70,000 0.09 70,000 0.07
9.50% State Bank of Bikaner and Jaipur FD (MD 01/12/2020) 40,000 0.05 40,000 0.04
9.50% State Bank of Bikaner and Jaipur FD (MD 02/11/2020) 70,000 0.09 70,000 0.07
9.50% State Bank of Bikaner and Jaipur FD (MD 03/02/2020) 270,000 0.36 270,000 0.28
9.50% State Bank of Hyderabad FD (MD 14/01/2016) 250,000 0.33 250,000 0.26
9.50% State Bank of India (Quarterly Comp) FD (MD 10/12/2013 250,000 0.33 250,000 0.26
9.60% State Bank of Travancore FD (MD 02/02/2022) 69,300 0.09 - -
9.60% State Bank of Travancore FD (MD 06/12/2021) 9,900 0.01 - -
9.60% State Bank of Travancore FD (MD 07/12/2021) 9,900 0.01 - -
9.60% State Bank of Travancore FD (MD 08/12/2021) 9,900 0.01 - -
9.60% State Bank of Travancore FD (MD 11/01/2022) 9,900 0.01 - -
9.60% State Bank of Travancore FD (MD 12/01/2022) 9,900 0.01 - -
9.60% State Bank of Travancore FD (MD 12/09/2016) 9,900 0.01 - -
9.60% State Bank of Travancore FD (MD 13/01/2022) 9,900 0.01 - -
9.60% State Bank of Travancore FD (MD 13/09/2016) 9,900 0.01 - -
9.60% State Bank of Travancore FD (MD 14/01/2022) 9,900 0.01 - -
9.60% State Bank of Travancore FD (MD 15/12/2021) 9,900 0.01 - -
9.60% State Bank of Travancore FD (MD 16/12/2021) 9,900 0.01 - -
9.60% State Bank of Travancore FD (MD 17/12/2021) 9,900 0.01 - -
9.60% State Bank of Travancore FD (MD 20/12/2021) 9,900 0.01 - -
9.60% State Bank of Travancore FD (MD 21/12/2021) 9,900 0.01 - -
9.60% State Bank of Travancore FD (MD 22/12/2021) 9,900 0.01 - -
9.65% Bank of India FD (MD 06/12/2012) 500,000 0.66 500,000 0.52
9.65% Canara Bank FD (MD 04/12/2012) 500,000 0.66 500,000 0.52
9.70% Canara Bank FD (MD 06/12/2012) 250,000 0.33 250,000 0.26
9.75 % State Bank Of Bikaner & Jaipur FD (MD 16/07/2021) 19,800 0.03 - -
Instrument Current Year Previous Year
Amt in Rs. `000 (%) Amt in Rs. `000 (%)
Appendix III Refer Schedule 16 Note 24
Banking Services- Exposure details - Scrip Wise
Annual Report 2011-2012
121
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24
9.75% State Bank Of Bikaner & Jaipur FD (MD 15/06/2021) 9,900 0.01 - -
9.80% Bank of India FD (MD 30/01/2012) - - 1,000,000 1.05
9.81% IDBI Bank Ltd FD (MD 11/08/2012) 250,000 0.33 - -
9.90% Canara Bank FD (MD 06/12/2013) 500,000 0.66 - -
9.95% OBC FD (MD 25/05/2012) 50,000 0.07 - -
9.96% State bank of Hydrabad FD (MD 29/01/2014) 250,000 0.33 - -
9.98% ICICI Bank Perpetual Call 13 Sept 2016 - - 50,853 0.05
9.98%ICICIBL(Maturity-Perpetual)(CallandStepup13/09/16)10.98 50,255 0.07 - -
Allahabad Bank CD (MD 05/05/2011) - - 991,275 1.04
Allahabad Bank CD (MD 08/06/2011) - - 245,439 0.26
Allahabad Bank CD (MD 14/06/2012) 964,036 1.27 - -
Allahabad Bank CD (MD 27/02/2013) 457,794 0.60 - -
Andhra Bank CD (MD 21/01/2013) 463,451 0.61 - -
Andhra Bank CD (MD 26/12/2012) 699,761 0.92 - -
Andhra Bank CD (MD 27/06/2012) 244,603 0.32 - -
Andhra Bank Ltd - Equity Shares 1,402,087 1.85 2,352,756 2.47
Axis Bank CD (MD 03/12/2012) 46,966 0.06 - -
Axis Bank CD (MD 08/03/2012) - - 228,274 0.24
Axis Bank CD (MD 12/02/2013) 230,073 0.30 - -
Axis Bank CD (MD 17/02/2012) - - 229,768 0.24
Axis Bank CD (MD 20/02/2012) - - 229,391 0.24
Axis Bank CD (MD 21/04/2011) - - 498,290 0.52
Axis Bank CD (MD 31/01/2013) 230,918 0.30 - -
Bank of Baroda - Equity Shares 25,103 0.03 278,437 0.29
Bank of Baroda CD (MD 02/02/2012) - - 461,976 0.48
Bank of Baroda CD (MD 03/06/2011) - - 491,842 0.52
Bank of Baroda CD (MD 19/02/2013) 229,712 0.30 - -
Bank of Baroda CD (MD 19/12/2011) - - 233,068 0.24
Bank of Baroda CD (MD 25/02/2013) 458,436 0.60 - -
Bank of Baroda CD (MD 28/11/2011) - - 472,776 0.50
Bank of Baroda CD (MD 29/06/2011) - - 1,227,839 1.29
Bank of India CD (MD 08/11/2011) - - 952,632 1.00
Bank of India CD (MD 15/02/2013) 919,738 1.21 - -
Bank of India CD (MD 15/06/2012) 475,031 0.63 - -
Bank of India CD (MD 16/09/2011) - - 965,255 1.01
Bank of India CD (MD 19/12/2011) - - 937,203 0.98
Bank of India CD (MD 27/02/2012) - - 458,004 0.48
Canara Bank CD (MD 08/06/2011) - - 491,408 0.51
Canara Bank CD (MD 11/05/2011) - - 247,559 0.26
Canara Bank CD (MD 14/12/2012) 468,015 0.62 - -
Canara Bank CD (MD 23/11/2011) - - 234,757 0.25
Canara Bank CD (MD 29/06/2011) - - 492,307 0.52
Central Bank of India CD (MD 11/02/2013) 230,215 0.30 - -
Central Bank of India CD (MD 15/06/2011) - - 490,485 0.51
Central Bank of India CD (MD 25/03/2013) 453,953 0.60 - -
Central Bank of India CD (MD 26/03/2012) - - 227,283 0.24
Corporation Bank - Equity Shares 702,389 0.92 1,151,413 1.21
Corporation Bank CD (MD 01/06/2011) - - 247,419 0.26
Corporation Bank CD (MD 04/03/2013) 1,139,611 1.50 - -
Corporation Bank CD (MD 06/03/2012) - - 228,566 0.24
Corporation Bank CD (MD 08/06/2012) 966,385 1.27 - -
Corporation Bank CD (MD 15/02/2013) 688,500 0.91 - -
Corporation Bank CD (MD 15/03/2013) 454,594 0.60 - -
Corporation Bank CD (MD 20/08/2011) - - 1,215,175 1.27
Dhanalakshmi Bank Ltd. - Equity Shares - - 113,200 0.12
Instrument Current Year Previous Year
Amt in Rs. `000 (%) Amt in Rs. `000 (%)
Appendix III Refer Schedule 16 Note 24
Banking Services- Exposure details - Scrip Wise
122
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
HDFC Bank - Equity Shares 8,337,847 10.98 5,831,830 6.11
HDFC Bank CD (MD 08/06/2011) - - 982,201 1.03
HDFC Bank CD (MD 25/04/2011) - - 746,858 0.78
ICICI Bank CD (MD 26/04/2011) - - 746,820 0.78
ICICI Bank Ltd. - Equity Shares 13,834,923 18.21 15,402,054 16.14
IDBI Bank CD (MD 09/05/2011) - - 495,102 0.52
IDBI Bank CD (MD 11/05/2011) - - 496,784 0.52
IDBI Bank CD (MD 18/03/2013) 452,540 0.60 - -
IDBI Bank CD (MD 22/06/2012) 489,866 0.64 - -
IDBI Bank CD (MD 26/06/2012) 489,370 0.64 - -
Indian Bank CD (MD 12/09/2011) - - 241,738 0.25
Indian Bank CD (MD 31/01/2013) 462,014 0.61 - -
Indian Overseas Bank CD (MD 06/07/2012) 488,151 0.64 - -
Indian Overseas Bank CD (MD 05/03/2012) - - 914,418 0.96
Indian Overseas Bank CD (MD 06/12/2012) 234,372 0.31 - -
Indian Overseas Bank CD (MD 07/02/2013) 230,710 0.30 - -
Indian Overseas Bank CD (MD 22/01/2013) 463,543 0.61 - -
ING Vysya Bank Ltd. - Equity Shares 476,776 0.63 385,941 0.40
Kotak Mahindra Bank Limited - Equity Shares 1,254,787 1.65 1,067,116 1.12
OBC Cd (Md 22/08/2011) - - 242,924 0.25
Oriental Bank of Commerce (MD 12/08/2011) - - 487,076 0.51
Oriental Bank of Commerce CD (MD 04/02/2013) 461,776 0.61 - -
Oriental Bank of Commerce CD (MD 05/03/2012) - - 228,572 0.24
Oriental Bank of Commerce CD (MD 08/03/2012) - - 228,689 0.24
Oriental Bank of Commerce CD (MD 15/03/2012) - - 228,388 0.24
Oriental Bank of Commerce CD (MD 15/06/2012) 490,749 0.65 - -
Oriental Bank of Commerce CD (MD 18/01/2013) 1,391,467 1.83 - -
Oriental Bank of Commerce CD (MD 21/01/2013) 463,514 0.61 - -
Oriental Bank Of Commerce CD (MD 22/02/2012) - - 229,576 0.24
Oriental Bank of Commerce CD (MD 28/03/2013) 226,433 0.30 - -
Oriental Bank of Commerce CD (MD 30/11/2012) 234,805 0.31 - -
Punjab National Bank - Equity Shares 2,355,691 3.10 5,150,601 5.40
Punjab National Bank CD (08/11/2012) 236,563 0.31 - -
Punjab National Bank CD (MD 01/03/2013) 228,099 0.30 - -
Punjab National Bank CD (MD 01/11/2011) - - 954,112 1.00
Punjab National Bank CD (MD 06/06/2011) - - 245,826 0.26
Punjab National Bank CD (MD 06/06/2012) 490,290 0.65 - -
Punjab National Bank CD (MD 06/12/2012) 1,876,223 2.47 - -
Punjab National Bank CD (MD 07/03/2012) - - 228,506 0.24
Punjab National Bank CD (MD 12/06/2012) 982,226 1.29 - -
Punjab National Bank CD (MD 15/03/2013) 453,232 0.60 - -
Punjab National Bank CD (MD 16/01/2012) - - 929,036 0.97
Punjab National Bank CD (MD 18/12/2012) 233,851 0.31 - -
Punjab National Bank CD (MD 25/02/2013) 229,216 0.30 - -
Punjab National Bank CD (MD 28/11/2011) - - 709,136 0.74
Punjab National Bank CD (MD 30/01/2012) - - 462,692 0.48
State Bank Hyderabad CD (MD 04/11/2011) - - 476,856 0.50
State Bank Of Bikaner & Jaipur (MD 24/06/2011) - - 244,680 0.26
State Bank of Bikaner & Jaipur CD (MD 03/11/2011) - - 238,363 0.25
State Bank of Bikaner & Jaipur CD (MD 15/07/2011) - - 242,998 0.25
State Bank Of Bikaner & Jaipur CD (MD 28/10/2011) - - 955,234 1.00
State Bank of Hyderabad CD (MD 05/05/2011) - - 495,620 0.52
State Bank of Hyderabad CD (MD 07/03/2012) - - 457,052 0.48
State Bank of Hyderabad CD (MD 28/04/2011) - - 647,066 0.68
State Bank of Hyderbad CD (MD 20/11/2012) 235,464 0.31 - -
Instrument Current Year Previous Year
Amt in Rs. `000 (%) Amt in Rs. `000 (%)
Appendix III Refer Schedule 16 Note 24
Banking Services- Exposure details - Scrip Wise
Annual Report 2011-2012
123
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24
State Bank of Hydrabad CD (MD 19/06/2012) 245,097 0.32 - -
State Bank Of India - Equity Shares 3,392,550 4.47 4,844,985 5.08
State Bank of India CD (MD 27/06/2011) - - 590,020 0.62
State Bank of Mysore CD (MD 01/03/2013) 228,686 0.30 - -
State Bank of Mysore CD (MD 02/06/2011) - - 246,919 0.26
State Bank of Mysore CD (MD 06/07/2011) - - 344,010 0.36
State Bank of Mysore CD (MD 12/11/2012) 235,427 0.31 - -
State Bank of Mysore CD (MD 16/09/2011) - - 241,539 0.25
State Bank of Mysore CD (MD 17/08/2011) - - 1,215,938 1.27
State Bank of Mysore CD (MD 27/10/2011) - - 477,727 0.50
State Bank of Patiala CD (MD 02/06/2011) - - 247,411 0.26
State Bank of Patiala CD (MD 03/01/2013) 373,127 0.49 - -
State Bank of Patiala CD (MD 05/08/2011) - - 731,721 0.77
State Bank of Patiala CD (MD 10/06/2011) - - 491,116 0.51
State Bank of Patiala CD (MD 11/08/2011) - - 242,868 0.25
State Bank of Patiala CD (MD 14/07/2011) - - 490,688 0.51
State Bank of Patiala CD (MD 14/12/2012) 464,614 0.61 - -
State Bank of Patiala CD (MD 15/06/2012) 490,766 0.65 - -
State Bank of Patiala CD (MD 22/06/2012) 244,902 0.32 - -
State Bank of Patiala CD (MD 24/11/2011) - - 236,674 0.25
State Bank of Patiala CD (MD 24/12/2012) 467,057 0.61 - -
State Bank of Patiala CD (MD 30/11/2012) 235,181 0.31 - -
State Bank of Travancore CD (MD 03/06/2011) - - 691,951 0.73
State Bank of Travancore CD (MD 07/02/2012) - - 461,604 0.48
State Bank of Travancore CD (MD 08/02/2013) 230,648 0.30 - -
State Bank of Travancore CD (MD 08/11/2011) - - 238,150 0.25
State Bank of Travancore CD (MD 19/06/2012) 245,084 0.32 - -
State Bank of Travancore CD (MD 21/11/2011) - - 948,280 0.99
State Bank of Travancore CD (MD 29/08/2011) - - 485,155 0.51
Syndicate Bank CD (MD 06/06/2011) - - 245,558 0.26
Syndicate Bank CD (MD 24/12//2012) 466,844 0.61 - -
Syndicate Bank Ltd. - Equity Shares 276,323 0.36 806,407 0.84
Union Bank CD (MD 28/11/2011) - - 236,507 0.25
Union Bank of India CD (MD 22/03/2012) - - 455,051 0.48
Union Bank of India Ltd. - Equity Shares 1,060,719 1.40 - -
Vijaya Bank - Equity Shares 102,077 0.13 169,229 0.18
Vijaya Bank CD (MD 06/03/2013) 455,107 0.60 - -
Vijaya Bank CD (MD 19/03/2013) 452,322 0.60 - -
Vijaya Bank CD (MD 21/01/2013) 463,170 0.61 - -
Yes Bank Limited - Equity Shares 467,312 0.62 857,592 0.90
Indian Bank - Equity Shares - - 4,655 -
Union Bank of India Ltd. - Equity Shares - - 1,776,514 1.86
Allahabad Bank - Equity Share 612,536 0.81 2,489,265 2.61
Axis Bank Limited - Equity Shares 2,017,553 2.66 2,842,487 2.98
Development Credit Bank Limited - Equity Shares 188,100 0.25 - -
Federal Bank Limited - Equity Shares 1,567,949 2.06 2,867,866 3.01
Jammu & Kashmir Bank Ltd - Equity Shares 397,386 0.52 465,327 0.49
Total 75,963,653 100.00 95,435,428 100.00
Instrument Current Year Previous Year
Amt in Rs. `000 (%) Amt in Rs. `000 (%)
Appendix III Refer Schedule 16 Note 24
Banking Services- Exposure details - Scrip Wise
124
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Appendix III Refer Schedule 16 Note 24
Enclosure D: Highest, Lowest and Closing NAV For the year 2011-12
Fund Name Current Year Previous Year
Closing NAV 30-March-2012
(Rs.)
Lowest NAV (Rs.)
Highest NAV (Rs.)
Closing NAV 31-March-2011
(Rs.)
Lowest NAV (Rs.)
Highest NAV (Rs.)
Acc Mid Cap Fund 20.1287 16.4263 21.9331 21.2028 19.4516 24.1032
Acc Mid Cap Pension Fund 21.2019 17.2714 22.8136 21.9797 20.2269 25.0939
Accelerated Fund 25.9741 23.9328 26.2201 25.0091 21.4528 25.6948
Accelerator Mid Cap Fund II 11.2056 9.1932 12.0688 11.7007 10.4728 12.9335
Asset Allocation Fund 13.6130 12.4953 13.8038 13.3938 12.1865 13.4465
Asset Allocation Pension Fund 12.8056 11.7806 12.9952 12.5437 11.5688 12.6280
Assured Return Fund 10.7059 10.0456 10.7696 10.1836 9.9747 10.2272
Balanced Fund * NA 16.9266 19.6130 19.3874 17.1805 20.2839
Balanced Plus Fund * NA 20.4870 23.1658 22.9136 20.1758 23.7404
Balanced Plus Pension Fund * NA 19.6212 22.0431 21.8613 19.2491 22.5969
Blue Chip Equity Fund 9.1570 7.6977 9.5813 9.4784 8.6043 10.3101
Bond Fund 16.1798 15.0308 16.1870 15.0257 14.0910 15.0257
Bond Pension Fund 16.6000 15.3552 16.6211 15.3485 14.3766 15.3485
Capital Guarantee Fund- 2012 13.1082 12.7328 13.6965 13.5877 12.6780 13.8212
Capital Guarantee Fund- 2014 13.7954 12.9467 14.0492 13.6313 12.7137 13.7836
Capital Guarantee Fund- 2017 14.0804 13.0107 14.4824 14.3456 12.6574 14.6975
Capital Shield-I 13.6066 12.8895 13.6290 12.9166 12.2125 12.9166
Capital Shield-II 14.2423 13.2699 14.9881 14.7503 12.9864 15.8260
Cash Fund 16.0633 14.9737 16.0633 14.9710 14.1849 14.9710
Cash Plus Fund 18.0001 16.5060 18.0001 16.5021 15.4079 16.5021
Cash Plus Pension Fund 18.1160 16.5971 18.1160 16.5931 15.4208 16.5931
Debt Fund 15.4508 14.5209 15.4816 14.5179 13.7005 14.5179
Debt Plus Fund 17.4238 16.1302 17.4426 16.1257 15.0107 16.1257
Debt Plus Pension Fund 18.1203 16.6042 18.1318 16.5966 15.4209 16.5966
Equity Fund 23.8158 20.5156 26.8815 26.4128 21.9943 28.7321
Equity Gain Fund 34.6113 28.7836 36.7742 36.0391 30.4914 38.8942
Equity Growth Fund 16.8759 14.5289 17.3056 16.9330 14.2240 17.9900
Equity Growth Fund II 12.6447 10.8989 12.9184 12.3523 10.1861 12.8643
Equity Growth Pension Fund 18.7954 16.1693 19.2671 18.3619 15.1803 19.1200
Equity Index Fund 31.8232 27.3082 35.4949 34.8696 28.7342 37.7630
Equity Index Fund - II 16.9981 14.6250 18.9823 18.7337 15.4768 20.2960
Equity Index Pension Fund 28.1261 24.1218 31.2830 30.8706 25.4061 33.4018
Equity Index Pension Fund - II 16.6676 14.3142 18.5937 18.3516 15.1578 19.8169
Equity Midcap Fund 28.5011 23.2634 31.0114 29.8374 27.4659 34.4415
Equity Midcap Pension Fund 40.5431 32.9912 43.5969 41.9058 38.4563 47.7865
Equity Midcap Plus Fund 36.1478 29.4158 39.0347 37.5650 34.5497 43.1630
Equity Plus Fund 37.9421 32.5768 39.0817 38.1547 32.3044 40.6522
Equity Plus Pension Fund 40.0713 34.4610 41.0746 39.0536 32.2586 40.8122
Group Asset Allocation Fund 12.2725 11.2714 12.6485 12.3330 10.2856 12.3330
Group Blue Chip Fund 9.9045 8.4609 10.2779 NA NA NA
Group Debt Fund 14.5126 13.3858 14.5208 13.3827 12.4028 13.3827
Group Equity Fund 10.1938 8.8743 10.3841 NA NA NA
Group Equity Index Fund 9.9611 8.5881 11.1875 11.0373 9.1335 11.9476
Group Growth Fund II 10.5710 10.0000 10.5744 NA NA NA
Group Growth Fund-I * NA NA NA NA 10.3645 11.0777
Group Liquid Fund 13.7072 12.5622 13.7072 12.5595 11.7012 12.5595
Group Return Shield Fund 10.4966 10.0000 10.5343 NA NA NA
Group Short Term Debt Fund 12.4431 11.6133 12.4915 11.7012 10.7313 11.7012
Group Short Term Debt Fund II 10.4587 10.0000 10.4587 NA NA NA
Growth Plus Fund I 11.2796 10.4745 11.3190 10.6429 10.0941 10.6429
Growth Plus Fund II 8.6050 7.9572 10.0090 8.8351 8.5770 10.1156
Growth Plus Fund III 11.0514 9.5226 11.3268 10.7473 9.9308 10.7473
Guaranteed Bond Fund 10.2157 10.0000 10.2896 NA NA NA
Life Long Gain Fund 13.8220 13.2194 13.9373 13.2145 12.6894 13.2147
Annual Report 2011-2012
125
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24
Liquid Fund 16.0407 14.7486 16.0407 14.7455 13.8003 14.7455
Liquid Pension Fund 16.1350 14.8270 16.1350 14.8234 13.8358 14.8234
Max Gain Fund I 11.0342 9.7390 11.4761 11.2890 10.1742 11.5229
Max Gain Fund II 10.1374 9.0253 10.6575 10.5066 10.0000 10.5066
Premier Balanced Fund * NA 14.7751 16.5384 16.3751 14.7593 16.9910
Premier Bond Fund 14.5651 13.7814 14.6027 13.7763 13.1696 13.7763
Premier Debt Fund 15.5147 14.5872 15.5267 14.5816 13.9024 14.5816
Premier Equity Fund 17.5112 15.0759 19.7440 19.3984 16.1471 21.0912
Premier Equity Gain Fund 21.9987 18.9681 22.5828 21.5546 18.0215 22.7678
Premier Equity Growth Fund 17.0997 14.7547 17.5620 16.8319 14.1647 17.7875
Premier Equity Index Fund 15.5398 13.3985 17.6238 17.3169 14.4843 18.8681
Pure Equity Fund 23.4813 21.0064 23.9683 23.4897 20.4917 24.8018
Pure Stock Fund 21.8347 19.5763 22.3602 21.9468 19.2515 23.2085
Pure Stock Pension Fund 17.7031 15.8910 18.3411 18.0799 15.9784 19.6597
Secure Fund 19.0088 17.9622 19.0647 17.9999 16.4545 17.9999
Shield Plus Fund I 11.3915 10.6843 11.4649 10.7747 9.9952 10.7747
Shield Plus Fund II 11.1913 10.4785 11.2713 10.5775 10.0000 10.5775
Shield Plus Fund III 11.0100 10.2814 11.0957 10.3418 10.0000 10.3418
Shield Plus Fund IV 10.6028 9.9771 10.6862 NA NA NA
Stable Fund 19.3242 18.3255 19.5120 18.5302 17.0386 18.8599
* Balance Funds Closed on 23 Dec 2011
Appendix III Refer Schedule 16 Note 24
Enclosure D: Highest, Lowest and Closing NAV For the year 2011-12
Fund Name Current Year Previous Year
Closing NAV 30-March-2012
(Rs.)
Lowest NAV (Rs.)
Highest NAV (Rs.)
Closing NAV 31-March-2011
(Rs.)
Lowest NAV (Rs.)
Highest NAV (Rs.)
126
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Enclosure E: Annualised Expense Ratio to Average Daily Assets of the FundAppendix III Refer Schedule 16 Note 24
Fund Name Current Year Previous Year
Expense Ratio (%) Expense Ratio (%)
Acc Mid Cap Fund 1.93 1.93
Acc Mid Cap Pension Fund 1.48 1.49
Accelerated Fund 1.34 1.34
Accelerator Mid Cap Fund II 1.48 1.49
Asset Allocation Fund 1.39 1.39
Asset Allocation Pension Fund 1.39 1.39
Assured Return Fund 1.38 1.39
Blue Chip Equity Fund 1.38 1.39
Bond Fund 1.09 1.09
Bond Pension Fund 1.09 1.10
Capital Guarantee Fund- 2012 1.39 1.39
Capital Guarantee Fund- 2014 1.39 1.39
Capital Guarantee Fund- 2017 1.39 1.39
Capital Shield-I 3.03 3.03
Capital Shield-II 3.58 3.58
Cash Fund 2.48 2.48
Cash Plus Fund 0.84 0.82
Cash Plus Pension Fund 0.84 0.82
Debt Fund 2.48 2.50
Debt Plus Fund 0.84 0.84
Debt Plus Pension Fund 0.84 0.84
Equity Fund 2.48 2.48
Equity Gain Fund 3.03 3.03
Equity Growth Fund 1.93 1.93
Equity Growth Fund II 1.48 1.49
Equity Growth Pension Fund 1.49 1.49
Equity Index Fund 1.14 1.13
Equity Index Fund - II 1.39 1.39
Equity Index Pension Fund 1.14 1.13
Equity Index Pension Fund - II 1.39 1.39
Equity Midcap Fund 3.03 3.03
Equity Midcap Pension Fund 1.65 1.65
Equity Midcap Plus Fund 1.65 1.65
Equity Plus Fund 1.65 1.65
Equity Plus Pension Fund 1.65 1.65
Fund Name Current Year Previous Year
Expense Ratio (%) Expense Ratio (%)
Group Blue Chip Fund 1.47 NA
Group Debt Fund 1.14 1.14
Group Equity Fund 1.48 NA
Group Equity Index Fund 1.65 1.65
Group Growth Fund I - NA
Group Growth Fund II 1.13 NA
Group Liquid Fund 0.84 0.82
Group Return Shield Fund 1.38 NA
Group Short Term Debt Fund 1.04 1.03
Group Short Term Debt Fund II 1.01 NA
Growth Plus Fund I 1.48 1.49
Growth Plus Fund II 1.49 1.49
Growth Plus Fund III 1.48 1.49
Guaranteed Bond Fund 1.12 NA
Life Long Gain Fund 2.47 2.48
Liquid Fund 1.09 1.08
Liquid Pension Fund 1.09 1.08
Max Gain Fund I 1.65 1.65
Max Gain Fund II 1.65 1.65
Premier Bond Fund 3.03 3.03
Premier Debt Fund 2.48 2.48
Premier Equity Fund 2.48 2.48
Premier Equity Gain Fund 2.48 2.48
Premier Equity Growth Fund 3.03 3.03
Premier Equity Index Fund 3.03 3.03
Pure Equity Fund 1.65 1.65
Pure Stock Fund 1.48 1.49
Pure Stock Pension Fund 1.48 1.49
Secure Fund 1.34 1.34
Shield Plus Fund I 1.48 1.49
Shield Plus Fund II 1.48 1.49
Shield Plus Fund III 1.48 1.49
Shield Plus Fund IV 1.48 NA
Stable Fund 1.34 1.34
127
Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24
Enclosure F: Ratio of Gross Income to Average Daily Assets of the Fund.Appendix III Refer Schedule 16 Note 24
Fund Name Current Year Previous Year
Income Ratio (%) Income Ratio (%)
Acc Mid Cap Fund (3.51) 8.20
Acc Mid Cap Pension Fund (2.28) 4.91
Accelerated Fund 4.96 15.48
Accelerator Mid Cap Fund II (0.98) 2.94
Asset Allocation Fund 3.30 9.19
Asset Allocation Pension Fund 3.94 8.00
Assured Return Fund 7.01 1.77
Blue Chip Equity Fund 0.26 (0.30)
Bond Fund 8.46 7.47
Bond Pension Fund 8.91 7.68
Capital Guarantee Fund- 2012 (3.20) 6.89
Capital Guarantee Fund- 2014 2.14 8.22
Capital Guarantee Fund- 2017 (0.96) 10.69
Capital Shield-I 8.21 8.55
Capital Shield-II 0.08 11.57
Cash Fund 9.51 7.75
Cash Plus Fund 9.53 7.75
Cash Plus Pension Fund 9.62 8.24
Debt Fund 8.71 7.99
Debt Plus Fund 8.54 8.00
Debt Plus Pension Fund 9.38 8.35
Equity Fund (9.24) 12.44
Equity Gain Fund (2.42) 13.52
Equity Growth Fund 1.50 14.14
Equity Growth Fund II 4.98 15.79
Equity Growth Pension Fund 3.82 16.74
Equity Index Fund (9.25) 12.34
Equity Index Fund - II (8.71) 11.66
Equity Index Pension Fund (9.20) 12.19
Equity Index Pension Fund - II (8.24) 11.98
Equity Midcap Fund (2.56) 6.98
Equity Midcap Pension Fund (2.71) 9.81
Equity Midcap Plus Fund (3.29) 9.81
Equity Plus Fund 0.03 11.86
Equity Plus Pension Fund 3.71 17.23
Fund Name Current Year Previous Year
Income Ratio (%) Income Ratio (%)
Group Asset Allocation Fund 2.29 14.54
Group Blue Chip Fund 14.46 0.00
Group Debt Fund 9.36 10.57
Group Equity Fund 9.36 0.00
Group Equity Index Fund (8.04) 9.30
Group Growth Fund II 6.82 0.00
Group Growth Fund-I 0.00 6.68
Group Liquid Fund 9.58 7.98
Group Return Shield Fund 7.74 0.00
Group Short Term Debt Fund 4.07 9.55
Group Short Term Debt Fund II 6.27 0.00
Growth Plus Fund I 7.31 6.81
Growth Plus Fund II (1.30) (14.74)
Growth Plus Fund III 4.11 10.51
Guaranteed Bond Fund 1.27 0.00
Life Long Gain Fund 6.98 6.13
Liquid Fund 9.52 7.79
Liquid Pension Fund 9.56 8.08
Max Gain Fund I 0.26 11.59
Max Gain Fund II 1.44 3.98
Premier Bond Fund 8.56 7.47
Premier Debt Fund 8.65 7.27
Premier Equity Fund (9.29) 12.55
Premier Equity Gain Fund 3.75 16.75
Premier Equity Growth Fund 3.69 17.93
Premier Equity Index Fund (9.45) 12.13
Pure Equity Fund 0.70 9.40
Pure Stock Fund 1.29 8.58
Pure Stock Pension Fund 0.60 7.96
Secure Fund 6.90 10.23
Shield Plus Fund I 7.05 8.63
Shield Plus Fund II 7.13 6.71
Shield Plus Fund III 7.77 4.72
Shield Plus Fund IV 7.83 0.00
Stable Fund 6.55 8.81
128
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
App
endi
x III
Ref
er S
ched
ule
16 N
ote
24
Encl
osur
e G
: Fu
ndw
ise
and
Clas
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ciat
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(Dep
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val
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f Inv
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for t
he y
ear 2
011-
2012
App
endi
x III
Ref
er S
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16 N
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Encl
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and
Clas
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(Dep
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for t
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Par
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A
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Acc
Mid
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Pen
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erat
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Mid
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Fu
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Ass
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Fun
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Ret
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Blue
Chi
p Eq
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Fun
d
App
rove
d In
vest
men
ts
Gov
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ent B
onds
- -
- -
(46,
446)
(13,
915)
(1,5
05)
-
Corp
orat
e Bo
nds
0
0
(51)
(0)
13,
272
(4,6
68)
0
(0)
Infr
astr
uctu
re B
onds
- -
(123
) -
(251
,177
) (1
4,53
0) (2
60)
-
Equi
ty (1
91,7
38)
(43,
725)
(213
) (6
7,19
2) 8
53,0
62
56,
152
- 4
2,70
2
Mon
ey M
arke
t -
0
- (0
) (0
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(0
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Mut
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und
- -
- -
- -
- -
Dep
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with
Ban
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- -
- -
- -
-
Tota
l (A
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191,
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(43
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) (
387)
(67
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68,7
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23,
038
(1,
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42,
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Oth
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men
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Corp
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- -
- -
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-
Infr
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Equi
ty (1
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(15,
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(20)
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108
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6
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-
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Mut
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- -
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- -
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Tota
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(14
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107
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Par
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- -
(135
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Equi
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31,
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1,1
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43
- -
-
Infr
astr
uctu
re B
onds
- -
- -
- -
- -
Equi
ty (1
59,5
32)
(18,
726)
151
(1
4,12
7) 1
4,79
0 8
32
- 1
,617
Mut
ual F
und
- -
- -
- -
- -
Tota
l (B)
(159
,532
) (1
8,72
6) 1
51
(14,
127)
16,
933
832
-
1,6
17
Tota
l (A+
B) 5
13,0
40
12,
723
1,1
31
(17,
631)
1,5
99,0
21
69,
099
140
(3
,358
)
Annual Report 2011-2012
129
(Am
ount
in R
s ‘00
0)
(Am
ount
in R
s ‘00
0)
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24
Par
ticu
lars
Bo
nd F
und
Bond
Pen
sion
Fun
dCa
pita
l Gua
rant
ee
Fund
- 201
2Ca
pita
l Gua
rant
ee F
und-
20
14Ca
pita
l Gua
rant
ee
Fund
- 201
7Ca
pita
l Shi
eld-
ICa
pita
l Shi
eld-
IICa
sh F
und
App
rove
d In
vest
men
ts
Gov
ernm
ent B
onds
(7,1
14)
(2,3
15)
(158
) (1
27)
108
-
- -
Corp
orat
e Bo
nds
6,7
90
6,3
31
(0)
- -
(573
) 1
98,0
68
0
Infr
astr
uctu
re B
onds
(233
) 7
36
(2)
- (1
05)
(8,9
18)
- -
Equi
ty -
- -
390
3
,006
5
32
- -
Mon
ey M
arke
t 0
(0
) 0
-
0
(0)
(0)
0
Mut
ual F
und
- -
- -
- -
- -
Dep
osit
with
Ban
ks -
- -
- -
- -
-
Tota
l (A
) (
557)
4,7
53
(16
0) 2
63
3,0
10
(8,
959)
198
,068
0
Oth
er In
vest
men
ts
Corp
orat
e Bo
nds
1,6
78
305
-
- -
- -
-
Infr
astr
uctu
re B
onds
00
00
00
00
Equi
ty -
- -
(7)
(55)
(246
) -
-
Mut
ual F
und
- -
- -
- -
- -
Vent
ure
Capi
tal
- -
- -
- -
- -
Tota
l (B)
1,6
78
305
-
(7)
(55
) (
246)
- -
Tota
l (A
+B)
1,1
21
5,0
58
(16
0) 2
56
2,9
55
(9,
205)
198
,068
0
Par
ticu
lars
Bo
nd F
und
Bond
Pen
sion
Fun
dCa
pita
l Gua
rant
ee
Fund
- 201
2Ca
pita
l Gua
rant
ee F
und-
20
14Ca
pita
l Gua
rant
ee
Fund
- 201
7Ca
pita
l Shi
eld-
ICa
pita
l Shi
eld-
IICa
sh F
und
App
rove
d In
vest
men
ts
Gov
ernm
ent B
onds
- -
738
(1
01)
329
-
- -
Corp
orat
e Bo
nds
(19,
713)
2,7
12
(230
) 0
-
(3,4
06)
231
,507
(0
)
Infr
astr
uctu
re B
onds
(8,8
12)
(2,8
75)
- -
(153
) (9
,075
) (4
69)
-
Equi
ty -
- 8
,415
5
66
5,1
60
8,0
63
- -
Mon
ey M
arke
t -
- -
- -
- -
-
Mut
ual F
und
- -
- -
- -
- -
Dep
osit
with
Ban
ks -
- -
- -
- -
-
Tota
l (A)
(28,
525)
(162
) 8
,923
4
66
5,3
35
(4,4
18)
231
,038
(0
)
Oth
er In
vest
men
ts
Corp
orat
e Bo
nds
- -
- -
- -
- -
Infr
astr
uctu
re B
onds
- -
- -
- -
- -
Equi
ty -
- (3
7) 1
1
2 2
27
- -
Mut
ual F
und
- -
- -
- -
- -
Tota
l (B)
- -
(37)
1
12
227
-
-
Tota
l (A+
B) (2
8,52
5) (1
62)
8,8
87
467
5
,347
(4
,190
) 2
31,0
38
(0)
130
(Am
ount
in R
s ‘00
0)
(Am
ount
in R
s ‘00
0)
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001A
ppen
dix
III R
efer
Sch
edul
e 16
Not
e 24
Encl
osur
e G
: Fu
ndw
ise
and
Clas
swis
e A
ppre
ciat
ion/
(Dep
reci
atio
n) in
val
ue o
f Inv
estm
ents
for t
he y
ear 2
011-
2012
App
endi
x III
Ref
er S
ched
ule
16 N
ote
24
Encl
osur
e G
: Fu
ndw
ise
and
Clas
swis
e A
ppre
ciat
ion/
(Dep
reci
atio
n) in
val
ue o
f Inv
estm
ents
for t
he y
ear 2
010-
2011
Par
ticu
lars
Ca
sh P
lus
Fund
Cash
Plu
s Pe
nsio
n Fu
ndD
ebt F
und
Deb
t Plu
s Fu
ndD
ebt P
lus
Pens
ion
Fund
Equi
ty F
und
Equi
ty G
ain
Fund
Equi
ty G
row
th F
und
App
rove
d In
vest
men
ts
Gov
ernm
ent B
onds
- -
(2,2
27)
(2,0
39)
(8)
- -
-
Corp
orat
e Bo
nds
0
0
1,2
89
(146
) (3
) (0
) 0
(0
)
Infr
astr
uctu
re B
onds
- -
(233
) (2
82)
20
- -
-
Equi
ty -
- -
- -
885
,674
3
55,4
19
6,5
78,2
38
Mon
ey M
arke
t 0
0
(0
) 0
0
-
(0)
0
Mut
ual F
und
- -
- -
- -
- -
Dep
osit
with
Ban
ks -
- -
- -
- -
-
Tota
l (A
) 0
0
(
1,17
1) (
2,46
7) 9
8
85,6
74
355
,419
6
,578
,238
Oth
er In
vest
men
ts
Corp
orat
e Bo
nds
- -
153
1
53
- -
- -
Infr
astr
uctu
re B
onds
00
00
00
00
Equi
ty -
- -
- -
29,
072
(121
,079
) (1
97,3
78)
Mut
ual F
und
- -
- -
- -
- -
Vent
ure
Capi
tal
- -
- -
- -
- -
Tota
l (B)
- -
153
1
53
- 2
9,07
2 (
121,
079)
(19
7,37
8)
Tota
l (A
+B)
0
0
(1,
019)
(2,
314)
9
914
,746
2
34,3
40
6,3
80,8
61
Par
ticu
lars
Ca
sh P
lus
Fund
Cash
Plu
s Pe
nsio
n Fu
ndD
ebt F
und
Deb
t Plu
s Fu
ndD
ebt P
lus
Pens
ion
Fund
Equi
ty F
und
Equi
ty G
ain
Fund
Equi
ty G
row
th F
und
App
rove
d In
vest
men
ts
Gov
ernm
ent B
onds
- -
- -
- -
- -
Corp
orat
e Bo
nds
0
0
1,3
91
(896
) (3
4) (0
) (0
) 0
Infr
astr
uctu
re B
onds
- -
197
5
05
(48)
- -
-
Equi
ty -
- -
- -
1,3
87,2
06
1,1
08,1
40
10,
192,
079
Mon
ey M
arke
t -
- -
- -
- -
-
Mut
ual F
und
- -
- -
- -
- -
Dep
osit
with
Ban
ks -
- -
- -
- -
-
Tota
l (A)
0
0
1,5
88
(391
) (8
2) 1
,387
,206
1
,108
,140
1
0,19
2,07
9
Oth
er In
vest
men
ts
Corp
orat
e Bo
nds
- -
- -
- -
- -
Infr
astr
uctu
re B
onds
- -
- -
- -
- -
Equi
ty -
- -
- -
57,
558
(63,
258)
694
,921
Mut
ual F
und
- -
- -
- -
- -
Tota
l (B)
- -
- -
- 5
7,55
8 (6
3,25
8) 6
94,9
21
Tota
l (A+
B) 0
0
1
,588
(3
91)
(82)
1,4
44,7
64
1,0
44,8
83
10,
887,
000
Annual Report 2011-2012
131
(Am
ount
in R
s ‘00
0)
(Am
ount
in R
s ‘00
0)
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24A
ppen
dix
III R
efer
Sch
edul
e 16
Not
e 24
Encl
osur
e G
: Fu
ndw
ise
and
Clas
swis
e A
ppre
ciat
ion/
(Dep
reci
atio
n) in
val
ue o
f Inv
estm
ents
for t
he y
ear 2
011-
2012
App
endi
x III
Ref
er S
ched
ule
16 N
ote
24
Encl
osur
e G
: Fu
ndw
ise
and
Clas
swis
e A
ppre
ciat
ion/
(Dep
reci
atio
n) in
val
ue o
f Inv
estm
ents
for t
he y
ear 2
010-
2011
Par
ticu
lars
Eq
uity
Gro
wth
Fun
d II
Equi
ty G
row
th P
ensi
on
Fund
Equi
ty In
dex
Fund
Equi
ty In
dex
Fund
- II
Equi
ty In
dex
Pens
ion
Fund
Equi
ty In
dex
Pens
ion
Fund
- II
Equi
ty M
idca
p Fu
ndEq
uity
Mid
cap
Pens
ion
Fund
App
rove
d In
vest
men
ts
Gov
ernm
ent B
onds
- -
- -
- -
- -
Corp
orat
e Bo
nds
0
(0)
0
0
- (0
) 0
(0
)
Infr
astr
uctu
re B
onds
- -
- -
- -
- -
Equi
ty 1
76,6
09
240
,823
3
74,3
61
11,
719,
565
21,
428
728
,649
(2
8,00
3) (8
03)
Mon
ey M
arke
t (0
) 0
0
(0
) (0
) 0
-
(0)
Mut
ual F
und
- -
- -
- -
- -
Dep
osit
with
Ban
ks -
- -
- -
- -
-
Tota
l(A
) 1
76,6
09
240
,823
3
74,3
61
11,
719,
565
21,
428
728
,649
(
28,0
03)
(80
3)
Oth
er In
vest
men
ts
Corp
orat
e Bo
nds
- -
- -
- -
- -
Infr
astr
uctu
re B
onds
00
00
00
00
Equi
ty (3
,112
) 2
41
7,4
56
(38,
615)
366
(4
,577
) (1
3,49
5) (1
,006
)
Mut
ual F
und
- -
- -
- -
- -
Vent
ure
Capi
tal
- -
- -
- -
- -
Tota
l (B)
(3,
112)
241
7
,456
(
38,6
15)
366
(
4,57
7) (
13,4
95)
(1,
006)
Tota
l (A
+B)
173
,497
2
41,0
63
381
,817
1
1,68
0,95
0 2
1,79
3 7
24,0
72
(41
,498
) (
1,80
9)
Par
ticu
lars
Eq
uity
Gro
wth
Fun
d II
Equi
ty G
row
th P
ensi
on
Fund
Equi
ty In
dex
Fund
Equi
ty In
dex
Fund
- II
Equi
ty In
dex
Pens
ion
Fund
Equi
ty In
dex
Pens
ion
Fund
- II
Equi
ty M
idca
p Fu
ndEq
uity
Mid
cap
Pens
ion
Fund
App
rove
d In
vest
men
ts
Gov
ernm
ent B
onds
- -
- -
- -
- -
Corp
orat
e Bo
nds
(0)
(0)
0
0
- 0
(0
) (0
)
Infr
astr
uctu
re B
onds
- -
- -
- -
- -
Equi
ty 9
4,55
5 2
80,4
47
639
,891
2
1,41
2,79
7 4
0,40
5 1
,467
,393
6
9,54
0 9
,111
Mon
ey M
arke
t -
- -
- -
- -
-
Mut
ual F
und
- -
- -
- -
- -
Dep
osit
with
Ban
ks -
- -
- -
- -
-
Tota
l (A
) 9
4,55
5 2
80,4
47
639
,891
2
1,41
2,79
7 4
0,40
5 1
,467
,393
6
9,54
0 9
,111
Oth
er In
vest
men
ts
Corp
orat
e Bo
nds
- -
- -
- -
- -
Infr
astr
uctu
re B
onds
- -
- -
- -
- -
Equi
ty 3
0,52
4 3
9,86
8 1
9,52
9 2
67,0
44
1,1
47
14,
667
(21,
773)
(1,8
86)
Mut
ual F
und
- -
- -
- -
- -
Tota
l (B)
30,
524
39,
868
19,
529
267
,044
1
,147
1
4,66
7 (
21,7
73)
(1,
886)
Tota
l (A
+B)
125
,079
3
20,3
14
659
,420
2
1,67
9,84
1 4
1,55
3 1
,482
,060
4
7,76
7 7
,224
132
(Am
ount
in R
s ‘00
0)
(Am
ount
in R
s ‘00
0)
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001A
ppen
dix
III R
efer
Sch
edul
e 16
Not
e 24
Encl
osur
e G
: Fu
ndw
ise
and
Clas
swis
e A
ppre
ciat
ion/
(Dep
reci
atio
n) in
val
ue o
f Inv
estm
ents
for t
he y
ear 2
011-
2012
App
endi
x III
Ref
er S
ched
ule
16 N
ote
24
Encl
osur
e G
: Fu
ndw
ise
and
Clas
swis
e A
ppre
ciat
ion/
(Dep
reci
atio
n) in
val
ue o
f Inv
estm
ents
for t
he y
ear 2
010-
2011
Par
ticu
lars
Eq
uity
Mid
cap
Plus
Fu
ndEq
uity
Plu
s Fu
ndEq
uity
Plu
s Pe
nsio
n Fu
ndG
roup
Ass
et A
lloca
tion
Fu
ndG
roup
Blu
e Ch
ip F
und
Gro
up D
ebt F
und
Gro
up E
quit
y Fu
ndG
roup
Equ
ity
Inde
x Fu
nd
App
rove
d In
vest
men
ts
Gov
ernm
ent B
onds
- -
- (3
21)
- (1
2) -
-
Corp
orat
e Bo
nds
(0)
(0)
(0)
364
(0
) 1
,298
(0
) (0
)
Infr
astr
uctu
re B
onds
- -
- (2
,318
) -
8
- -
Equi
ty (2
7,38
5) 8
50,2
09
32,
661
10,
705
970
-
3,2
63
(98,
938)
Mon
ey M
arke
t (0
) -
(0)
0
0
(0)
(0)
-
Mut
ual F
und
- -
- -
- -
- -
Dep
osit
with
Ban
ks -
- -
- -
- -
-
Tota
l (A
) (
27,3
85)
850
,209
3
2,66
1 8
,430
9
70
1,2
95
3,2
63
(98
,938
)
Oth
er In
vest
men
ts
Corp
orat
e Bo
nds
- -
- -
- -
- -
Infr
astr
uctu
re B
onds
00
00
00
00
Equi
ty (1
9,27
1) 5
6,89
4 3
88
3,5
09
- -
(223
) (1
,754
)
Mut
ual F
und
- -
- -
- -
- -
Vent
ure
Capi
tal
- -
- -
- -
- -
Tota
l (B)
(19
,271
) 5
6,89
4 3
88
3,5
09
- -
(22
3) (
1,75
4)
Tota
l (A
+B)
(46
,656
) 9
07,1
03
33,
049
11,
939
970
1
,295
3
,040
(
100,
693)
Par
ticu
lars
Eq
uity
Mid
cap
Plus
Fu
ndEq
uity
Plu
s Fu
ndEq
uity
Plu
s Pe
nsio
n Fu
ndG
roup
Ass
et A
lloca
tion
Fu
ndG
roup
Deb
t Fun
dG
roup
Equ
ity
Inde
x Fu
ndG
roup
Gro
wth
Fun
d - I
Gro
up L
iqui
d Fu
nd
App
rove
d In
vest
men
ts
Gov
ernm
ent B
onds
- -
- 6
-
- -
-
Corp
orat
e Bo
nds
0
0
0
(55)
907
-
- -
Infr
astr
uctu
re B
onds
- -
- 1
9 (2
21)
- -
-
Equi
ty 1
36,8
27
1,6
94,1
89
54,
688
39,
491
- 3
1,09
7 -
-
Mon
ey M
arke
t -
- -
- -
- -
-
Mut
ual F
und
- -
- -
- -
- -
Dep
osit
with
Ban
ks -
- -
- -
- -
-
Tota
l (A)
136
,827
1
,694
,189
5
4,68
8 3
9,46
1 6
87
31,
097
- -
Oth
er In
vest
men
ts
Corp
orat
e Bo
nds
- -
- -
- -
- -
Infr
astr
uctu
re B
onds
- -
- -
- -
- -
Equi
ty (2
9,88
3) (1
1,46
2) 7
,011
5
,899
-
2,1
87
- -
Mut
ual F
und
- -
- -
- -
- -
Tota
l (B)
(29,
883)
(11,
462)
7,0
11
5,8
99
- 2
,187
-
-
Tota
l (A+
B) 1
06,9
44
1,6
82,7
27
61,
699
45,
360
687
3
3,28
4 -
-
Annual Report 2011-2012
133
(Am
ount
in R
s ‘00
0)
(Am
ount
in R
s ‘00
0)
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24A
ppen
dix
III R
efer
Sch
edul
e 16
Not
e 24
Encl
osur
e G
: Fu
ndw
ise
and
Clas
swis
e A
ppre
ciat
ion/
(Dep
reci
atio
n) in
val
ue o
f Inv
estm
ents
for t
he y
ear 2
011-
2012
App
endi
x III
Ref
er S
ched
ule
16 N
ote
24
Encl
osur
e G
: Fu
ndw
ise
and
Clas
swis
e A
ppre
ciat
ion/
(Dep
reci
atio
n) in
val
ue o
f Inv
estm
ents
for t
he y
ear 2
010-
2011
Part
icul
ars
Gro
up G
row
th F
und-
IG
roup
Gro
wth
Fun
d-II
Gro
up L
iqui
d Fu
ndG
roup
Ret
urn
Shie
ld F
und
Gro
up S
hort
Ter
m
Deb
t Fun
dG
roup
Sho
rt T
erm
Deb
t Fu
nd -
IIG
row
th P
lus
Fund
IG
row
th P
lus
Fund
II
App
rove
d In
vest
men
ts
Gov
ernm
ent B
onds
- -
- -
(321
) -
- -
Corp
orat
e Bo
nds
- -
0
74
(339
) (0
) (4
89)
(10,
404)
Infr
astr
uctu
re B
onds
- 8
11
- 5
33
(1,9
44)
- (4
,954
) -
Equi
ty -
- -
50
- -
- -
Mon
ey M
arke
t -
(0)
0
(0)
0
(0)
0
(0)
Mut
ual F
und
- -
- -
- -
- -
Dep
osit
with
Ban
ks -
- -
- -
- -
-
Tota
l (A
) -
811
0
6
57
(2,
604)
(0)
(5,
443)
(10
,404
)
Oth
er In
vest
men
ts
Corp
orat
e Bo
nds
- -
- -
- -
- -
Infr
astr
uctu
re B
onds
- 0
00
00
00
Equi
ty -
- -
(14)
- -
- -
Mut
ual F
und
- -
- -
- -
- -
Vent
ure
Capi
tal
- -
- -
- -
- -
Tota
l (B)
- -
- (
14)
- -
- -
Tota
l (A
+B)
- 8
11
0
644
(
2,60
4) (
0) (
5,44
3) (
10,4
04)
Par
ticu
lars
G
roup
Sho
rt T
erm
D
ebt F
und
Gro
wth
Plu
s Fu
nd I
Gro
wth
Plu
s Fu
nd II
Gro
wth
Plu
s Fu
nd II
ILi
fe L
ong
Gai
n Fu
ndLi
quid
Fun
dLi
quid
Pen
sion
Fun
dM
ax G
ain
Fund
I
App
rove
d In
vest
men
ts
Gov
ernm
ent B
onds
767
-
- -
(148
) -
- -
Corp
orat
e Bo
nds
(2,0
10)
21
(8,9
50)
(0)
(213
) (0
) 0
0
Infr
astr
uctu
re B
onds
(9,9
38)
(2,9
11)
- 1
(8
52)
- -
-
Equi
ty -
- -
2,4
02
- -
- 2
74,5
62
Mon
ey M
arke
t -
- -
- -
- -
-
Mut
ual F
und
- -
- -
- -
- -
Dep
osit
with
Ban
ks -
- -
- -
- -
-
Tota
l(A)
(11,
181)
(2,8
90)
(8,9
50)
2,4
03
(1,2
13)
(0)
0
274
,562
Oth
er In
vest
men
ts
Corp
orat
e Bo
nds
- -
- -
- -
- -
Infr
astr
uctu
re B
onds
- -
- -
- -
- -
Equi
ty -
- -
504
-
- -
13,
912
Mut
ual F
und
- -
- -
- -
- -
Tota
l (B)
- -
- 5
04
- -
- 1
3,91
2
Tota
l (A+
B) (1
1,18
1) (2
,890
) (8
,950
) 2
,907
(1
,213
) (0
) 0
2
88,4
73
134
(Am
ount
in R
s ‘00
0)
(Am
ount
in R
s ‘00
0)
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001A
ppen
dix
III R
efer
Sch
edul
e 16
Not
e 24
Encl
osur
e G
: Fu
ndw
ise
and
Clas
swis
e A
ppre
ciat
ion/
(Dep
reci
atio
n) in
val
ue o
f Inv
estm
ents
for t
he y
ear 2
011-
2012
App
endi
x III
Ref
er S
ched
ule
16 N
ote
24
Encl
osur
e G
: Fu
ndw
ise
and
Clas
swis
e A
ppre
ciat
ion/
(Dep
reci
atio
n) in
val
ue o
f Inv
estm
ents
for t
he y
ear 2
010-
2011
Par
ticu
lars
G
row
th P
lus
Fund
III
Gua
rant
eed
Bond
Fun
dLi
fe L
ong
Gai
n Fu
ndLi
quid
Fun
dLi
quid
Pen
sion
Fun
dM
ax G
ain
Fund
IM
ax G
ain
Fund
IIPr
emie
r Bon
d Fu
nd
App
rove
d In
vest
men
ts
Gov
ernm
ent B
onds
- (5
,789
) (2
,638
) -
- -
- (1
,584
)
Corp
orat
e Bo
nds
(13)
(986
) (1
09)
0
0
(0)
0
511
Infr
astr
uctu
re B
onds
- (9
,558
) (5
73)
- -
(247
) -
(1,8
65)
Equi
ty 2
,029
-
- -
- 8
6,40
3 (8
,614
) -
Mon
ey M
arke
t (0
) 0
0
0
0
0
(0
) 0
Mut
ual F
und
- -
- -
- -
- -
Dep
osit
with
Ban
ks -
- -
- -
- -
-
Tota
l (A
) 2
,016
(
16,3
33)
(3,
319)
0
0
86,
156
(8,
614)
(2,
938)
Oth
er In
vest
men
ts
Corp
orat
e Bo
nds
- -
- -
- -
- -
Infr
astr
uctu
re B
onds
00
00
00
00
Equi
ty 9
-
- -
- 1
37
(1,8
52)
-
Mut
ual F
und
- -
- -
- -
- -
Vent
ure
Capi
tal
- -
- -
- -
- -
Tota
l (B)
9
- -
- -
137
(
1,85
2) -
Tota
l (A
+B)
2,0
25
(16
,333
) (
3,31
9) 0
0
8
6,29
3 (
10,4
66)
(2,
938)
Par
ticu
lars
M
ax G
ain
Fund
IIPr
emie
r Bon
d Fu
ndPr
emie
r Deb
t Fun
dPr
emie
r Equ
ity
Fund
Prem
ier E
quit
y G
ain
Fund
Prem
ier E
quit
y G
row
th F
und
Prem
ier E
quit
y In
dex
Fund
Pure
Equ
ity
Fund
App
rove
d In
vest
men
ts
Gov
ernm
ent B
onds
- -
- -
- -
- -
Corp
orat
e Bo
nds
0
521
(3
48)
- (0
) (0
) (0
) -
Infr
astr
uctu
re B
onds
- (3
,247
) (4
68)
- -
- -
-
Equi
ty -
- -
116
,164
4
1,44
0 1
22,2
74
363
,333
1
24,8
24
Mon
ey M
arke
t -
- -
- -
- -
-
Mut
ual F
und
- -
- -
- -
- -
Dep
osit
with
Ban
ks -
- -
- -
- -
-
Tota
l (A)
0
(2,7
26)
(815
) 1
16,1
64
41,
440
122
,274
3
63,3
33
124
,824
Oth
er In
vest
men
ts
Corp
orat
e Bo
nds
- -
- -
- -
- -
Infr
astr
uctu
re B
onds
- -
- -
- -
- -
Equi
ty -
- -
4,2
60
5,2
24
2,0
26
2,7
89
(1,1
37)
Mut
ual F
und
- -
- -
- -
- -
Tota
l (B)
- -
- 4
,260
5
,224
2
,026
2
,789
(1
,137
)
Tota
l (A+
B) 0
(2
,726
) (8
15)
120
,424
4
6,66
3 1
24,3
01
366
,122
1
23,6
87
Annual Report 2011-2012
135
(Am
ount
in R
s ‘00
0)
(Am
ount
in R
s ‘00
0)
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24A
ppen
dix
III R
efer
Sch
edul
e 16
Not
e 24
Encl
osur
e G
: Fu
ndw
ise
and
Clas
swis
e A
ppre
ciat
ion/
(Dep
reci
atio
n) in
val
ue o
f Inv
estm
ents
for t
he y
ear 2
011-
2012
App
endi
x III
Ref
er S
ched
ule
16 N
ote
24
Encl
osur
e G
: Fu
ndw
ise
and
Clas
swis
e A
ppre
ciat
ion/
(Dep
reci
atio
n) in
val
ue o
f Inv
estm
ents
for t
he y
ear 2
010-
2011
Par
ticu
lars
Pr
emie
r Deb
t Fun
dPr
emie
r Equ
ity
Fund
Prem
ier E
quit
y G
ain
Fund
Prem
ier E
quit
y G
row
th
Fund
Prem
ier E
quit
y In
dex
Fund
Pure
Equ
ity
Fund
Pure
Sto
ck F
und
Pure
Sto
ck P
ensi
on
Fund
App
rove
d In
vest
men
ts
Gov
ernm
ent B
onds
(4)
- -
- -
- -
-
Corp
orat
e Bo
nds
(320
) -
(0)
0
0
- -
-
Infr
astr
uctu
re B
onds
(96)
- -
- -
- -
-
Equi
ty -
66,
288
33,
009
96,
568
190
,129
8
3,63
5 4
34,6
98
14,
752
Mon
ey M
arke
t (0
) 0
0
(0
) 0
0
(0
) -
Mut
ual F
und
- -
- -
- -
- -
Dep
osit
with
Ban
ks -
- -
- -
- -
-
Tota
l (A
) (
420)
66,
288
33,
009
96,
568
190
,129
8
3,63
5 4
34,6
98
14,
752
Oth
er In
vest
men
ts
Corp
orat
e Bo
nds
- -
- -
- -
- -
Infr
astr
uctu
re B
onds
00
00
00
00
Equi
ty -
1,8
54
340
(4
,881
) (1
,776
) (2
,211
) (4
,546
) 3
87
Mut
ual F
und
- -
- -
- -
- -
Vent
ure
Capi
tal
- -
- -
- -
- -
Tota
l (B)
- 1
,854
3
40
(4,
881)
(1,
776)
(2,
211)
(4,
546)
387
Tota
l (A
+B)
(42
0) 6
8,14
2 3
3,35
0 9
1,68
7 1
88,3
53
81,
424
430
,152
1
5,13
9
Par
ticu
lars
Pu
re S
tock
Fun
dPu
re S
tock
Pen
sion
Fun
dSe
cure
Fun
dSh
ield
Plu
s Fu
nd I
Shie
ld P
lus
Fund
IISh
ield
Plu
s Fu
nd II
ISt
able
Fun
dG
rand
Tot
al
App
rove
d In
vest
men
ts
Gov
ernm
ent B
onds
- -
291
(1
94)
12
459
(1
1) (3
0,75
9)
Corp
orat
e Bo
nds
- -
(3,9
24)
(160
) (4
8) (6
98)
(13,
535)
82,
064
Infr
astr
uctu
re B
onds
- -
(2,8
05)
(15,
999)
(5,5
79)
(1,8
53)
(11,
210)
(371
,953
)
Equi
ty 5
59,0
69
18,
091
16,
212
18,
486
3,6
37
- 8
1,04
1 4
3,19
8,45
6
Mon
ey M
arke
t -
- -
- -
- -
-
Mut
ual F
und
- -
- -
- -
- -
Dep
osit
with
Ban
ks -
- -
- -
- -
-
Tota
l (A)
559
,069
1
8,09
1 9
,775
2
,133
(1
,979
) (2
,093
) 5
6,28
6 4
2,87
7,80
8
Oth
er In
vest
men
ts
Corp
orat
e Bo
nds
- -
- -
- -
- 2
,143
Infr
astr
uctu
re B
onds
- -
- -
- -
- -
Equi
ty 3
,117
1
74
2,0
76
4,0
60
904
-
11,
696
886
,906
Mut
ual F
und
- -
- -
- -
- -
Tota
l (B)
3,1
17
174
2
,076
4
,060
9
04
- 1
1,69
6 8
89,0
50
Tota
l (A+
B) 5
62,1
86
18,
265
11,
851
6,1
93
(1,0
74)
(2,0
93)
67,
982
43,
766,
858
136
(Am
ount
in R
s ‘00
0)
(Am
ount
in R
s ‘00
0)
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001A
ppen
dix
III R
efer
Sch
edul
e 16
Not
e 24
Encl
osur
e G
: Fu
ndw
ise
and
Clas
swis
e A
ppre
ciat
ion/
(Dep
reci
atio
n) in
val
ue o
f Inv
estm
ents
for t
he y
ear 2
011-
2012
App
endi
x III
Ref
er S
ched
ule
16 N
ote
24
Encl
osur
e G
: Fu
ndw
ise
and
Clas
swis
e A
ppre
ciat
ion/
(Dep
reci
atio
n) in
val
ue o
f Inv
estm
ents
for t
he y
ear 2
010-
2011
Par
ticu
lars
Se
cure
Fun
dSh
ield
Plu
s Fu
nd I
Shie
ld P
lus
Fund
IISh
ield
Plu
s Fu
nd II
ISh
ield
Plu
s Fu
nd IV
Stab
le F
und
Gra
nd T
otal
App
rove
d In
vest
men
ts
Gov
ernm
ent B
onds
(1,2
13)
- -
- -
(585
) (
88,2
12)
Corp
orat
e Bo
nds
(2,9
13)
(2,4
36)
(873
) (1
,898
) (7
1) (4
,306
) 1
97,3
99
Infr
astr
uctu
re B
onds
(4,4
18)
(41,
796)
(14,
784)
(9,7
03)
(438
) (1
,607
) (
368,
055)
Equi
ty (7
33)
878
2
31
1,8
24
210
(3
,230
) 2
3,47
4,54
8
Mon
ey M
arke
t 0
0
0
0
(0
) 0
0
Mut
ual F
und
- -
- -
- -
-
Dep
osit
with
Ban
ks -
- -
- -
- -
Tota
l (A
) (
9,27
7) (
43,3
55)
(15
,426
) (
9,77
7) (
300)
(9,
729)
23,
215,
679
Oth
er In
vest
men
ts
Corp
orat
e Bo
nds
- -
- -
- -
987
Infr
astr
uctu
re B
onds
00
00
00
-
Equi
ty (2
,153
) (8
38)
(256
) (3
68)
(42)
(1,1
11)
(37
8,56
5)
Mut
ual F
und
- -
- -
- -
-
Vent
ure
Capi
tal
- -
- -
- -
-
Tota
l (B)
(2,
153)
(83
8) (
256)
(36
8) (
42)
(1,
111)
(37
7,57
8)
Tota
l (A
+B)
(11
,430
) (
44,1
92)
(15
,682
) (
10,1
46)
(34
2) (
10,8
39)
22,
838,
101
Annual Report 2011-2012
137
(Am
ount
in R
s ‘00
0)
Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24A
ppen
dix
III R
efer
Sch
edul
e 16
Not
e 24
Encl
osur
e G
: Fu
ndw
ise
and
Clas
swis
e A
ppre
ciat
ion/
(Dep
reci
atio
n) in
val
ue o
f Inv
estm
ents
for t
he y
ear 2
011-
2012
Appendix IV refer Schedule 16 Note 25
Controlled Fund StatementSr. No. Particulars Current Year Previous Year
1 Computation of Controlled fund as per the Balance Sheet
Policyholders' Fund (Life Fund)
Participating
Individual Assurance 32,544,438 21,546,414
Individual Pension 480,703 437,321
Non-participating
Individual Assurance 5,425,333 2,590,574
Individual Health 182,785 163,927
Individual Annuity 512,007 312,114
Group Assurance 13,069,765 7,581,846
Linked
Individual Assurance 4,181,769 5,526,929
Individual Pension 128,757 270,886
Group 13,084 16,664
Discontinued Fund 156,384 -
Unit Linked 299,838,261 328,841,705
Funds for Future Appropriations 2,290,766 2,929,021
Fair Value Change Account 55,847 37,544
Total (A) 358,879,899 370,254,945
Shareholders' Fund
Paid up Capital 1,507,090 1,507,090
Reserves & Surpluses 34,098,981 20,986,962
Fair Value Change - 5
Total (B) 35,606,071 22,494,057
Misc. expenses not written off
Credit / (Debit) from P&L A/c. - -
Total (C ) - -
Total shareholders' funds (B+C) 35,606,071 22,494,057
Controlled Fund (Total (A+B+C)) 394,485,970 392,749,002
2 Reconciliation of the Controlled Fund from Revenue and Profit & Loss Account
Opening Balance of Controlled Fund (A) 392,749,002 330,266,222
Add: Inflow
Income
Premium Income 74,837,954 96,099,487
Less: Reinsurance ceded (501,791) (347,698)
Net Premium 74,336,163 95,751,789
Investment Income (394,473) 39,123,659
Other Income 87,914 86,869
Funds transferred from Shareholders' Accounts 28,489 316,720
Total Income 74,058,093 135,279,037
Less: Outgo
(i) Benefits paid (Net) 54,945,976 49,846,683
(ii) Interim Bonus Paid 12,476 19,558
(iii) Change in Valuation of Liability (10,755,094) 52,848,822
(iv) Commission 3,882,730 6,164,741
(v) Operating Expenses 14,062,756 16,065,847
(vi) Provision for Taxation
(a) FBT - -
(b) I.T. 1,856,244 1,923,860
Total Outgo 64,005,088 126,869,511
Surplus of the Policyholders' Fund 10,053,005 8,409,526
Less: transferred to Shareholders' Account
From Current Year (9,793,907) (8,249,493)
From Previous Years (897,353) (1,105,581)
Net Flow in Policyholders' account (638,255) (945,548)
(Amount in Rs ‘000)
138
Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Sr. No. Particulars Current Year Previous Year
Add: Net income in Shareholders' Fund 13,112,019 10,570,390
Net In Flow / Outflow (B) 12,473,764 9,624,842
Change in valuation Liabilities (C) (10,755,094) 52,848,822
Change in Fair Value Change Account (D) 18,298 9,116
Increase in Paid up Capital (E) - -
Closing Balance of Controlled Fund (A+B+C+D+E) 394,485,970 392,749,002
As Per Balance Sheet 394,485,970 392,749,002
Difference, if any - -
3 Reconciliation with Shareholders' and Policyholders' Fund
3.1 Policyholders' Funds - Traditional-PAR and NON-PAR
Opening Balance of the Policyholders' Fund 33,853,437 22,214,988
Add: Surplus of the Revenue Account 1,002,922 1,010,981
Less: Surplus transfer to Shareholders' Account (743,824) (850,948)
Change in valuation Liabilities 19,582,835 11,469,305
Change in Fair Value Change Account 18,303 9,111
Total 53,713,673 33,853,437
As per Balance Sheet 53,713,673 33,853,437
Difference, if any - -
3.2 Policyholders' Funds - Linked
Opening Balance of the Policyholders' Fund 336,401,508 296,127,572
Add: Surplus of the Revenue Account 9,050,083 7,398,545
Less: Surplus transfer to Shareholders' Account (9,947,436) (8,504,126)
Change in valuation Liabilities (1,490,869) (3,316,034)
Change in Fund Reserve (29,003,444) 44,695,551
Total 305,009,842 336,401,508
As per Balance Sheet 305,009,842 336,401,508
Difference, if any - -
3.3 Policyholders' Funds - Discontinued Fund
Opening Balance of the Policyholders' Fund - -
Change in Fund Reserve 156,384 -
Closing Balance 156,384 -
As per Balance Sheet 156,384 -
Difference, if any - -
3.4 Shareholders' Funds
Opening Balance of Shareholders' Fund 22,494,057 11,923,662
Add: Net income of Shareholders' account (P&L) 13,112,019 10,570,390
Change in Fair Value Change Account (5) 5
Closing Balance of the Shareholders' fund 35,606,071 22,494,057
As per Balance Sheet 35,606,071 22,494,057
Difference, if any - -
(Amount in Rs ‘000)
Appendix IV refer Schedule 16 Note 25
Controlled Fund Statement
Annual Report 2011-2012
139
Bajaj Allianz Life Insurance Company Ltd. I Controlled Fund Statement
Cash Flow Statement for the Year ending 31st March 2011
Particulars Current Year Previous Year
Cash Flow from Operating Activities
Cash receipts from customers
- Premium and other receipts 74,028,519 94,903,507
Cash paid towards Operating Activities
Expenses (18,274,891) (22,380,971)
Benefits paid (54,411,240) (49,712,032)
Taxes Paid (1,770,115) (1,710,750)
Reinsurance (Net) (227,441) (153,802)
Advance & Deposits (27,433) (575,851)
Loan Against Policies (23,581) (16,803)
(74,734,701) (74,550,209)
Cash flow before extraordinary item (706,182) 20,353,298
Extraordinary Item - -
Net cash from Operating Activities ( A ) (706,182) 20,353,298
Cash Flow from Investing Activities
Purchase of Fixed Assets (888,487) (325,712)
Purchase of Investment (1,256,981,893) (1,061,616,690)
(1,257,870,380) (1,061,942,402)
Interest and dividend Received 10,998,917 10,463,637
Sale of Investment 1,245,995,707 1,030,319,965
Sale of Fixed Assets 7,623 3,629
1,257,002,247 1,040,787,231
Net cash from investing activities ( B ) (868,133) (21,155,171)
Cash Flow from Financing activities
Proceeds from Issuance of Share Capital - -
Share Premium received on issuance of Share Capital - -
- -
Net cash from Financing Activities ( C ) - -
Net increase in Cash & Cash Equivalents (D = A + B + C ) (1,574,315) (801,873)
Cash & Cash equivalents at the beginning of the Year 6,519,895 7,321,768
Cash & Cash Equivalents at the end of the Period 4,945,580 6,519,895
Components of cash & cash equivalents
Cash and Bank Balances ( as per Sch 11) 4,382,396 4,385,098
Cash and Bank Balances ( Unit Linked business) 1,035,646 2,135,814
Temporary overdraft (as per Sch 13 ) (472,462) (1,017)
4,945,580 6,519,895
For Bajaj Allianz Life Insurance Company Limited For Dalal & Shah For B S R & Co. Chartered Accountants Chartered Accountants Firm Registration Firm RegistrationNo. 102021W No. 101248W
Anish Amin Juzer Miyajiwala Partner Partner Membership No. 40451 Membership No. 47483
Rahul Bajaj Chairman Sanjiv Bajaj Director
S. H. Khan Director V. Philip Managing Director and Chief Executive Officer Sameer Bakshi Company Secretary and Head – Legal & Compliance Place : Pune Date : 12th May 2012
Place : Pune Date : 12th May 2012
Manuel Bauer Director David Fried Director Suraj Mehta Director Rajesh Viswanathan Chief Financial Officer
Niraj Bajaj Director
Ranjit Gupta Director
Manu Tandon Director
Anil Singh Appointed Actuary
Notes to Financial Statements 16 The accompanying notes and schedules form an integral part of the financial statements.As per our report of even date attached.
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Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Balance Sheet Abstract and Company’s General Business Profile
I. Registration DetailsRegistration No. State Code
15959 25
CINU66010PN2001PLC015959
Balance Sheet Date31 03 2012
Date Month Year
II. Capital raised during the year ( Amount in Rs ‘000)
Public Issue Right Issue- -
Bonus Issue Private Placement- -
III. Position of mobilisation and deployment of funds ( Amount in Rs ‘000)
Total Liabilities Total Assets394,485,970 394,485,970
IV. Source of Funds ( Amount in Rs ‘000)
Paid up Capital Reserves and Surplus ( shareholders )1,507,090 34,098,981
Secured Loans Unsecured LoansNil Nil
Policyholders Funds Others
358,879,899 Nil
V. Application of Funds ( Amount in Rs ‘000)
Net Fixed Assets Investments2,262,424 394,329,579
Net Current Assets Miscellaneous Expenditure-2,276,693 Nil
Accumulated loss ( Shareholders) OthersNil 170,660
VI. Performance of Company ( Amount in Rs ‘000)
Turnover Total Expenditure- -
Profit / Loss before Tax Profit / Loss after Tax13,495,776 13,112,019
Accumulated ProfitsNil
Earnings pr share Dividend rate(%)87.00 0
Annual Report 2011-2012
141
Bajaj Allianz Life Insurance Company Ltd. I Balance Sheet Abstract and Company’s General Business Profile
Balance Sheet Abstract and Company’s General Business Profile
For Bajaj Allianz Life Insurance Company Limited
Rahul Bajaj Manuel Bauer Niraj Bajaj Chairman Director Director
Sanjiv Bajaj David Fried Ranjit Gupta Director Director Director S. H. Khan Suraj Mehta Manu Tandon Director Director Director
V. Philip Rajesh Viswanathan Anil Singh Managing Director and Chief Financial Officer Appointed ActuaryChief Executive Officer
Sameer Bakshi Company Secretary and Head – Legal & Compliance Place : Pune Date : 12th May 2012
VII. Generic Name of Principal Products/Services of Company
Item Code no (ITC Code) -
Product Description Life Insurance Business
Note:The Company being a life insurance company the accounts of the Company are not required to be made in accordance with Schedule VI. Further, the Insurance Act, 1938, requires the accounts of the Company to be split between Policyholders’ & Shareholders’ Account. In view of this it is not possible to give all the information as required in Part III & Part IV of the Schedule.
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Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001
Notes
143
Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd.
Notes
144
Bajaj Allianz Life Insurance Company Ltd.
Notes
145
Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd.