Auditors Report To the Board of Directors of Trustees of Franklin Templeton Mutual Fund 1. We have audited the attached balance sheets of the below-mentioned Schemes of Franklin Templeton Mutual Fund (the Schemes ) as at March 31, 2011 and also the revenue accounts and the cash flow statements for the year ended on that date annexed thereto. Name of Schemes: FRANKLIN INDIA PRIMA FUND FRANKLIN INDIA SMALLER COMPANIES FUND These financial statements are the responsibility of the management of Franklin Templeton Asset Management (India) Private Limited, the Schemes asset manager. Our responsibility is to express an opinion on these financial statements based on our audit. Presentation of these separate balance sheets, revenue accounts and cash flow statements in a columnar form is not intended to indicate that they bear any relation to each other, or are interdependent or comparable in any way. 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. We report that: i. We have obtained all the information and explanations, which to the best of our knowledge and belief were necessary for the purposes of our audit; ii. The balance sheets, revenue accounts and cash flow statements dealt with by this report are in agreement with the books of account;
iii. In our opinion, the balance sheets, revenue accounts and cash flow statements dealt with by this report have been prepared in conformity with the accounting policies and standards specified in the Ninth Schedule to the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 (the SEBI Regulations ); iv. In our opinion, and to the best of our information and according to the explanations given to us, the said financial statements give the information required by the SEBI Regulations as applicable and give a true and fair view in conformity with the accounting principles generally accepted in India: a) in the case of the balance sheets, of the state of affairs of the Schemes as at March 31, 2011; b) in the case of the revenue accounts, of the surplus, for the year ended on that date; and c) in the case of cash flow statements, of the cash flows for the year ended on that date. For S. R. Batliboi & Co. Firm Registration Number - 301003E Chartered Accountants Sd/- per Shrawan Jalan Partner Membership No.: 102102 Mumbai, July 8, 2011
FRANKLIN TEMPLETON MUTUAL FUND BALANCE SHEET AS AT MARCH 31, 2011 (All amounts in thousands of Rupees) SOURCES OF FUNDS Schedules FRANKLIN INDIA PRIMA FUND FRANKLIN INDIA SMALLER COMPANIES FUND As at As at As at As at March 31, 2011 March 31, 2010 March 31, 2011 March 31, 2010 1 Unit Capital 2(b) & 3 1,288,790 1,322,153 3,642,958 4,929,154 2 Reserves and Surplus 4 2.1 Unrealised Appreciation Reserve 1,219,822 1,755,625 972,140 1,608,410 2.2 Retained Surplus 10,206,793 10,838,972 2,336,827 1,485,179 3 Current Liabilities and Provisions 5 3.1 Current Liabilities 130,919 188,343 75,423 59,386 TOTAL 12,846,324 14,105,093 7,027,348 8,082,129 APPLICATION OF FUNDS 1 Investments 2(c), 6 & 16 1.1 Listed Securities 1.1.1 Equity Shares 7,747,643 9,115,539 4,821,626 6,132,922 1.2 Unlisted Securities 1.2.1 Equity Shares 2 12,469-14,910 2 Other Current Assets 7 2.1 Cash and Bank Balances 8,587 7,225 1,817 140 2.2 CBLO/ Reverse Repo Lending 534,727 411,825 243,184 227,757 2.3 Others 124,477 123,077 52,384 50,757 3 Accumulated Unit Discount, Net 8 4,430,888 4,434,958 1,908,337 1,655,643 TOTAL 12,846,324 14,105,093 7,027,348 8,082,129 Notes to Accounts 1 to 16 The accompanying schedules are an integral part of this Balance Sheet. As per our attached report of even date For S.R. Batliboi and Co. For Franklin Templeton Trustee For Franklin Templeton Asset Management Firm Registration no. 301003E Services Private Limited (India) Private Limited Chartered Accountants Sd/- Sd/- Sd/- Sd/- Sd/- Anand J. Vashi Navroz Seervai Vivek Kudva K. N. Siva Subramanian R. Janakiraman Director Director Director Chief Investment Officer - Equity Vice President and Portfolio Manager Sd/- Sd/- Sd/- Sd/- Sd/- Sd/- per Shrawan Jalan Indu Shahani Harshendu Bindal Vivek Pai Murali Krishna Yerram Rajat Malhotra Partner Director President Vice President Asst. Vice President Asst. Vice President Membership No. 102102 July 8, 2011 Mumbai
FRANKLIN TEMPLETON MUTUAL FUND REVENUE ACCOUNT FOR THE YEAR ENDED MARCH 31, 2011 (All amounts in thousands of Rupees) Schedules FRANKLIN INDIA PRIMA FUND FRANKLIN INDIA SMALLER COMPANIES FUND Year ended Year ended Year ended Year ended March 31, 2011 March 31, 2010 March 31, 2011 March 31, 2010 1 INCOME 1.1 Dividend 2(d) 106,241 110,569 69,625 84,631 1.2 Interest 2(d) & 9 29,155 10,665 32,901 7,650 1.3 Realised Gain on External Sale / Redemption of Investments, net 2(d) 1,082,975 2,275,344 1,072,511 1,418,710 1.4 Other Income 289 408 7-1,218,660 2,396,986 1,175,044 1,510,991 2 EXPENSES 2.1 Management Fees 10 95,111 84,097 65,208 72,605 2.2 Service Tax on Management Fees 10 9,796 8,662 6,716 7,478 2.3 Transfer Agents Fees and Expenses 15,263 14,279 6,396 5,745 2.4 Custodian Fees 1,367 1,240 826 822 2.5 Trusteeship Fees 10 278 245 188 179 2.6 Commission to Agents 52,566 48,576 23,147 21,778 2.7 Marketing and Distribution Expenses 10,107 7,285 18,952 210 2.8 Audit Fees 279 252 189 184 2.9 Other Operating Expenses 7,316 7,671 8,413 5,982 192,083 172,307 130,035 114,983 2.10 Expenses Written Back pertaining to previous year (2,859) - (2,218) - 189,224 172,307 127,817 114,983 3 NET REALISED GAINS / (LOSSES) FOR THE YEAR 1,029,436 2,224,679 1,047,227 1,396,008 4 Change in Unrealised Depreciation in value of Investments 2(c) & 6(ii) - (2,093,166) - (1,482,734) 5 NET GAINS / (LOSSES) FOR THE YEAR (3-4) 1,029,436 4,317,845 1,047,227 2,878,742 6 Change in Unrealised Appreciation in the value of Investments (535,803) 1,755,625 (636,270) 1,608,410 7 NET GAINS / (LOSSES) FOR THE YEAR AFTER CHANGE IN UNREALISED APPRECIATION (5+6) 493,633 6,073,470 410,957 4,487,152 7.1 Add: Balance Transfer from Unrealised Appreciation Reserve 4 1,755,625-1,608,410-7.2 Less: Balance Transfer to Unrealised Appreciation Reserve 4 1,219,822 1,755,625 972,140 1,608,410 7.3 Add / (Less): Equalisation Credit/(Debit) 2(e) (669,048) (174,920) (195,579) - 8 Total 360,388 4,142,925 851,648 2,878,742 9 Dividend Appropriation 9.1 Income Distributed During the Year 14 (992,567) (713,747) - - 10 NET SURPLUS / (DEFICIT) FOR THE YEAR TRANSFERRED TO 4 (632,179) 3,429,178 851,648 2,878,742 (8+9) BALANCE SHEET Notes to Accounts 1 to 16 The accompanying schedules are an integral part of this Revenue Account. As per our attached report of even date For S.R. Batliboi and Co. For Franklin Templeton Trustee For Franklin Templeton Asset Management Firm Registration no. 301003E Services Private Limited (India) Private Limited Chartered Accountants Sd/- Sd/- Sd/- Sd/- Sd/- Anand J. Vashi Navroz Seervai Vivek Kudva K. N. Siva Subramanian R. Janakiraman Director Director Director Chief Investment Officer - Equity Vice President and Portfolio Manager Sd/- Sd/- Sd/- Sd/- Sd/- Sd/- per Shrawan Jalan Indu Shahani Harshendu Bindal Vivek Pai Murali Krishna Yerram Rajat Malhotra Partner Director President Vice President Asst. Vice President Asst. Vice President Membership No. 102102 July 8, 2011 Mumbai
FRANKLIN TEMPLETON MUTUAL FUND CASH FLOW STATEMENT FOR THE YEAR ENDED MARCH 31, 2011 (All amounts in thousands of Rupees) FRANKLIN INDIA PRIMA FUND FRANKLIN INDIA SMALLER COMPANIES FUND March 31, 2011 March 31, 2010 March 31, 2011 March 31, 2010 A. Cashflow from Operating Activities Net Gains / (Losses) for the Year 1,029,436 4,317,845 1,047,227 2,878,742 Add / (Less) : Change in Unrealised Appreciation in the value of Investments - (2,093,166) - (1,482,734) Adjustments for:- (Increase)/Decrease in Investments at Cost 835,391 (964,363) 671,787 231,297 (Increase)/Decrease in Other Current Assets (125,766) 127,166 (14,145) 181,133 Increase/(Decrease) in Current Liabilities 5,438 31,646 3,454 (29,443) Net Cash Generated from/(used in) Operations ( A ) 1,744,499 1,419,128 1,708,323 1,778,995 B Cashflow from Financing Activities Increase/(Decrease) in Unit Capital (147,969) (146,917) (1,286,196) (1,594,103) Increase/(Decrease) in Unit Premium (1,017,942) (965,434) (448,274) (184,964) Adjustments for:- Increase/(Decrease) in Sundry Creditors for Units Redeemed by Investors (61,418) 65,754 30,322 - (Increase)/Decrease in Sundry Debtors for Units Issued to Investors 9,178 (8,024) (2,499) - Dividend paid during the year (including tax on income distributed during the year) (524,986) (362,620) 1 - Net Cash (used in)/generated from Financing Activities ( B ) (1,743,137) (1,417,241) (1,706,646) (1,779,067) Net Increase/(Decrease) in Cash and Cash Equivalents (A+B) 1,362 1,887 1,677 (72) Cash and Cash Equivalents as at the beginning of the Year 7,225 5,338 140 212 Cash and Cash Equivalents as at the end of the Year 8,587 7,225 1,817 140 Components of Cash and Cash Equivalents Balances with Banks in Current Accounts and Unclaimed dividend bank account 8,587 7,225 1,817 140 8,587 7,225 1,817 140 As per our attached report of even date For Franklin Templeton Asset Management (India) Private Limited For S.R. Batliboi and Co. For Franklin Templeton Trustee Sd/- Sd/- Firm Registration no. 301003E Services Private Limited Navroz Seervai Vivek Kudva Chartered Accountants Director Director Sd/- Sd/- Sd/- Sd/- Anand J. Vashi Harshendu Bindal R. Janakiraman Murali Krishna Yerram Director President Vice President and PortfolioAsst. Vice President Manager Sd/- Sd/- Sd/- Sd/- Sd/- per Shrawan Jalan Indu Shahani K.N. Siva Subramanian Vivek Pai Rajat Malhotra Partner Director Chief Investment Officer - Equity Vice President Asst. Vice President Membership No. 102102 July 8, 2011 Mumbai
FRANKLIN TEMPLETON MUTUAL FUND SCHEDULES TO THE BALANCE SHEET AND REVENUE ACCOUNT FOR THE YEAR ENDED MARCH 31, 2011 (All amounts in thousands of Rupees unless specified otherwise) 1. BACKGROUND Franklin Templeton Mutual Fund ( the Fund ) was established as a trust under the Indian Trusts Act, 1882, by way of a trust deed dated January 4, 1996, a supplementary trust deed dated March 30, 1996 and August 26, 2005 executed by Templeton International Inc. USA, the sponsor of the Fund. Templeton International Inc. is a part of the Franklin Templeton Investments group. In accordance with the Securities and Exchange Board of India ( SEBI ) (Mutual Funds) Regulations, 1996 ( the SEBI Regulations ), the Board of Directors of Franklin Templeton Trustee Services Private Limited ( the Trustee ) has appointed Franklin Templeton Asset Management (India) Private Limited ('the AMC') to manage the Fund s affairs and operate its Schemes. The objective and other feature of the schemes covered in the financial statement are as under: Scheme Name Nature of the Scheme Open ended mutual fund scheme Date of Allotment Scheme Objective Plans Offered Franklin India Prima Fund December 1, 1993 The Scheme aims to achieve capital appreciation The Scheme offers its investors two plans: the through investments in relatively smaller, faster Dividend Plan and the Growth Plan ( the Plans ). growing companies. Franklin India Smaller Companies Fund Open ended mutual fund scheme** November 16, 2005 The Scheme seeks to provide long-term capital The Scheme offers its investors two plans: the appreciation by investing in mid and small cap Dividend Plan and the Growth Plan ('the Plans'). companies. **During the year Franklin India Smaller Companies Fund (the 'Scheme" or "FISCF") has completed its term of five years as a close ended scheme on January 13, 2011. As per the terms of offer document of the Scheme, it has been converted into an open ended scheme with effect from January 14, 2011. 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The financialstatements are prepared on the accrual basis of accounting, under the historical cost convention, as modifiedfor investments, which are marked-to-market. The significant accounting policies, which are in accordance with the SEBI Regulations and have been approved by the Board of Directors of the AMC and the Trustee, are stated below. (a) (b) Determination of net asset value - The net asset value of the units of the Scheme is determined separately for units issued under the Plans after includingthe respective unit capital and reserves and surplus, and reducing net deficit and accumulated discount, if any. - For reporting the net asset values, the dailyincome earned, includingrealised profit or loss and unrealisedgain or loss in the value of investments, and expenses incurred by the Scheme, are allocated to the Plans in proportion to their respective daily net assets as at the end of the immediately preceding day. Unit capital - Unit capital represents the net outstanding units at the balance sheet date, thereby reflecting all transactions relating to the year ended on that date. - Upon issue and redemption of units, the net premium or discount to the face value of units is adjusted against the unit premium reserve of the Scheme, after an appropriate portion of the issue proceeds and redemption payouts is credited or debited respectively to the equalisation account, a mandatory requirement for open ended mutual fund Schemes. Prior to March 15, 2010, the Unit Premium Reserve was available for dividend distribution except to the extent it is represented by unrealised net appreciation in value of investments. (c) Investments Accounting for investment transactions - Purchase and sale of investmentsare recorded on the date of the transaction, at cost and sale price respectively, after considering brokerage, commission,securities transaction tax and fees payable or receivable, if any. The front end fee receivable, if any, is reduced from the cost of investment. - Right entitlements are recognised as investments on the ex-rights date. - Bonus entitlements are recognised as investments on the ex-bonus date. - Other Corporate Action entitlements are recognised on the ex date. - Initial Margin paid against equity derivatives is accounted as current assets. Realised gain / loss on closure / expiry of Exchange Traded Equity Derivative (ETED) are accounted as realised gain / loss on investments. Valuation of investments - Traded Equity and Equity related Securities are valued at the last quoted closing price on the Bombay Stock Exchange (BSE). If a security is not traded on BSE, it will be valued at the last quoted closing price on National Stock Exchange of India Limited (NSE) or any other stock exchange (in that order). - If a security is not traded on any stock exchange on a particular valuation day, the last quoted closing price on BSE or NSE or other recognised stock exchange (in that order) on the earliest previous day would be used, provided such day is not more than thirty days prior to the valuation day. - Investments in Equity shares under Qualified Institutional Placement (QIP) are valued at cost or market value, whichever is lower, till the date of listing of the security. - Thinly Traded, Non-traded and unlisted Equity are valued "in good faith" as determined, in accordance with the SEBI Regulations. - In respect of non traded/ thinly traded Foreign securities, the valuation is stated at fair value as determined In good faith by the AMC. - Open position of exchange traded equity derivatives (ETED) are marked-to-market on daily basis at the closing prices provided by the respective stock exchanges. - - - Investment in Mutual Fund Units are valued at the last declared NAV per unit. All other investments are stated at their fair value as determined in good faith by the AMC in accordance with the SEBI Regulations and reviewed by the Trustee. The net unrealised gain or loss in the value of investmentsis determined separately for each category of investments. The change in the net unrealisedloss, if any, between two balance sheet dates is recognised in the revenue account and the change in net unrealised gain, if any, is adjusted in an unrealised appreciation reserve. The loss on investments sold/transferred during the year is charged to the revenue account.
(d) Revenue recognition - Dividend income is recognised on the ex-dividend date. - Interest income is recognised on an accrual basis. - Profit or loss on sale of investments is determined on the basis of the weighted average cost method. (e) - The discount or premium, if any, to the redemption value of debt securities is amortised and recognised as interest income or expense, as the case may be, over the period to redemption. Equalisation account - - The purpose of equalization account is to maintainper unit amount of a Plan s/option s share of the Scheme s undistributed income, so that continuing unit holders share of undistributed income remains unchanged on issue or redemption of units under that Plan/Option. Prior to March 15, 2010, when units were issued or redeemed, the total undistributed income from the beginning of the accounting year to the date of the transaction was determined. Based on the number of units outstanding on the transaction date, the undistributed income associated with each unit was computed. The per unit amount so determined was credited and debited to the equalization account on issue and redemption of each unit respectively. - Pursuant to SEBI circular dated March 15, 2010, the Trustee/AMC has changed the method of calculating equalization per unit w.e.f. that date viz: a) When the sale price is higher than the face value of the unit, the total accumulated undistributed income (including realized gains) till the date of the transaction is determined. Based on the number of units outstanding on the transaction date, the undistributed income (includingrealized gains) associated with each unit is computed. The per unit amount so determined is credited and debited to the equalization account on issue and redemption of each unit respectively. b) When the sale price is lower than the face value of the unit, the differencebetween the Net asset value and the par value is debited and credited to the equalization account on issue and redemption of unit respectively. - Pursuant to SEBI circular dated March 15, 2010, an appropriate amount of the realized / unrealized gain has been reallocated between the plans of the Scheme, based on the plans AUM as on March 15, 2010. (f) Load charges All load, including Contingent and Deferred Sales Charges, charged at the time of purchase and sale of units, is being utilised towards meeting distribution and marketing expenses. The utilization from the balances as at July 31, 2009 is restricted to a maximum of one third of the load balances as at July 31, 2009 as required by the SEBI Circular no. CIR/IMD/DF/4/2011 dated March 09, 2011. With effect from August 01, 2009, exit load upto 1% charged at the time of sale of units, is being utilised towards meeting distribution and marketing expenses. Exit load charged in excess of 1% is credited to the respective Schemes immediately as Other Income. Unutilised amount of load is carried forward to subsequent period. If the amount is considered in excess by the AMC / Trustees, then such excess amount is credited to the respective Schemes as Other Income.
FRANKLIN TEMPLETON MUTUAL FUND SCHEDULE TO THE BALANCE SHEET AND REVENUE ACCOUNT FOR THE YEAR ENDED MARCH 31, 2011 FRANKLIN INDIA PRIMA FUND Quantity Amount FRANKLIN INDIA SMALLER COMPANIES FUND Quantity Amount Schedules March 31, 2011 March 31, 2010 March 31, 2011 March 31, 2010 March 31, 2011 March 31, 2010 March 31, 2011 March 31, 2010 3 UNIT CAPITAL Units of Rs 10 each fully paid up Growth Plan Outstanding, beginning of year 15,131,701.117 18,135,993.284 151,317 181,360 317,524,956.768 427,923,711.140 3,175,250 4,279,237 Issued during the year 2,379,154.218 2,559,210.507 23,792 25,592 316,705.367-3,167 - Redeemed during the year (4,619,989.217) (5,563,502.674) (46,200) (55,635) (81,439,647.571) (110,398,754.372) (814,396) (1,103,987) Outstanding, end of year 12,890,866.118 15,131,701.117 128,909 151,317 236,402,014.564 317,524,956.768 2,364,021 3,175,250 Dividend Plan Outstanding, beginning of year 117,083,554.057 118,171,685.075 1,170,836 1,181,717 175,390,416.813 224,401,946.791 1,753,904 2,244,019 Issued during the year 32,993,590.869 28,410,277.726 329,936 284,103 190,686.470-1,907 - Redeemed during the year (34,089,031.760) (29,498,408.744) (340,891) (294,984) (47,687,353.451) (49,011,529.978) (476,874) (490,115) Outstanding, end of year 115,988,113.166 117,083,554.057 1,159,881 1,170,836 127,893,749.832 175,390,416.813 1,278,937 1,753,904 Total Outstanding, beginning of year 132,215,255.174 136,307,678.359 1,322,153 1,363,077 492,915,373.581 652,325,657.931 4,929,154 6,523,256 Issued during the year 35,372,745.087 30,969,488.233 353,728 309,695 507,391.837-5,074 - Redeemed during the year (38,709,020.977) (35,061,911.418) (387,091) (350,619) (129,127,001.022) (159,410,284.350) (1,291,270) (1,594,102) Outstanding, end of year 128,878,979.284 132,215,255.174 1,288,790 1,322,153 364,295,764.396 492,915,373.581 3,642,958 4,929,154 (THIS SPACE HAS BEEN INTENTIONALLY LEFT BLANK)
FRANKLIN TEMPLETON MUTUAL FUND SCHEDULES TO THE BALANCE SHEET AND REVENUE ACCOUNT FOR THE YEAR ENDED MARCH 31, 2011 FRANKLIN INDIA PRIMA FUND FRANKLIN INDIA SMALLER COMPANIES Schedules March 31, 2011 March 31, 2010 March 31, 2011 March 31, 2010 4. RESERVES AND SURPLUS Unrealised appreciation reserve Balance, beginning of year 1,755,625-1,608,410 - Change in net unrealised appreciation in value of investments (535,803) 1,755,625 (636,270) 1,608,410 Balance, end of year 1,219,822 1,755,625 972,140 1,608,410 Retained surplus Balance, beginning of year 10,838,972 7,409,794 1,485,179 (1,393,563) Net surplus / (Deficit) transferred from revenue account (632,179) 3,429,178 851,648 2,878,742 Balance, end of year 10,206,793 10,838,972 2,336,827 1,485,179 Total reserves and surplus 11,426,615 12,594,597 3,308,967 3,093,589 5. CURRENT LIABILITIES AND PROVISIONS Current Liabilities Management fees 7,690 9,013 4,827 6,061 Trusteeship fees 20 24 13 16 Registrar service charges 1,135 1,319 758 470 Load pending utilisation 77,877 68,953 23,063 20,213 Sundry creditors for units redeemed by investors 14,369 75,787 30,322 - Contracts for purchase of investments - 1,457-17,738 Dividend payable - -* - - Unclaimed distributed income 1,750 1,739 4 3 Unclaimed redemption payable 159 77 - - Other current liabilities 27,919 29,974 16,436 14,885 130,919 188,343 75,423 59,386 *:- Amount is less than rupees one thousand. 6. INVESTMENTS (i) (ii) The investments of the Scheme are registered in the name of the Fund for the benefit of the Scheme's unitholders. Aggregate appreciation and depreciation in the value of investments are as follows: Listed Securities / Securities Awaited Listing / Unlisted Securities / Foreign Securities: (Equity shares / Preference shares / Foreign securities) - appreciation 1,792,110 2,184,710 1,271,756 1,732,484 - depreciation 572,288 429,085 299,616 124,074
FRANKLIN TEMPLETON MUTUAL FUND SCHEDULES TO THE BALANCE SHEET AND REVENUE ACCOUNT FOR THE YEAR ENDED MARCH 31, 2011 FRANKLIN INDIA PRIMA FUND FRANKLIN INDIA SMALLER COMPANIES Schedules March 31, 2011 March 31, 2010 March 31, 2011 March 31, 2010 (iii) The aggregate value of investments purchased and sold / redeemed by the Scheme during the year and these amounts as a percentage of average daily net assets are as follows: Purchases - amount 5,814,027 10,982,419 3,294,770 7,616,585 - as a percentage of average daily net assets 62.77 134.37 52.46 127.17 Sales / redemptions - amount 7,740,892 12,430,247 5,057,215 9,287,683 - as a percentage of average daily net assets 83.57 152.08 80.52 155.07 (iv) During the year, the Scheme has invested in the equity shares / debentures and bonds of certain companies, which have invested in some of the schemes of the Fund in excess of five percent of those schemes' Net Assets. The Scheme's investments in these companies (except for investments in subsidiaries of these companies) as at March 31, 2011 are provided in Annexure 1. 7. OTHER CURRENT ASSETS Cash and Bank Balance Balances with banks in current accounts 6,837 5,486 1,813 137 Unclaimed dividend bank account 1,750 1,739 4 3 8,587 7,225 1,817 140 CBLO/ Reverse Repo Lending Collateralised securities lending 534,727 411,825 243,184 227,757 534,727 411,825 243,184 227,757 Others Sundry debtors for units issued to investors 724 9,901 2,499 - Outstanding and accrued income 3,733 49 440 3,122 Contracts for sale of investments 107,374 99,661 38,975 38,565 Advances and deposits 4,516 4,516 - - Margin money 8,130 8,950 10,470 9,070 124,477 123,077 52,384 50,757 TOTAL 667,791 542,127 297,385 278,654
FRANKLIN TEMPLETON MUTUAL FUND SCHEDULES TO THE BALANCE SHEET AND REVENUE ACCOUNT FOR THE YEAR ENDED MARCH 31, 2011 FRANKLIN INDIA PRIMA FUND FRANKLIN INDIA SMALLER COMPANIES Schedules March 31, 2011 March 31, 2010 March 31, 2011 March 31, 2010 8. ACCUMULATED UNIT DISCOUNT, NET Balance, beginning of year 4,434,958 3,889,945 1,655,643 1,470,679 Net premiumon ( issue) / redemption of units (4,070) 545,013 252,694 184,964 Balance, end of year 4,430,888 4,434,958 1,908,337 1,655,643 9. INTEREST Collateralised lending / Reverse repo 29,155 10,665 32,901 7,650 29,155 10,665 32,901 7,650 10. INCOME AND EXPENDITURE The total incomeand expenditureand these amounts as a percentageof the Scheme s average daily net assets on an annualised basis are provided below: Income - amount 1,218,660 2,396,986 1,175,044 1,510,991 - as a percentage of average daily net assets 13.16 29.33 18.71 25.23 Expenditure - amount 189,224 172,307 127,817 114,983 - as a percentage of average daily net assets 2.04 2.11 2.04 1.92 Management fees (including service tax) - amount 104,907 92,759 71,924 80,083 - as a percentage of average daily net assets 1.13 1.13 1.15 1.34 Trusteeship fees (including service tax) - amount 278 245 188 179 - as a percentage of average daily net assets 0.003 0.003 0.003 0.003
FRANKLIN TEMPLETON MUTUAL FUND SCHEDULES TO THE BALANCE SHEET AND REVENUE ACCOUNT FOR THE YEAR ENDED MARCH 31, 2011 FRANKLIN INDIA PRIMA FUND FRANKLIN INDIA SMALLER COMPANIES Schedules March 31, 2011 March 31, 2010 March 31, 2011 March 31, 2010 12. NET ASSET VALUE Net asset value of each unit of Rs. 10 of the Scheme Growth Plan (Rs) 267.5531 256.4503 14.2145 13.2670 Dividend Plan (Rs) 41.6896 47.8399 13.1614 12.2840 The net asset value of the Scheme's unit is determinedafter includingunit capital and any reserves and surplus, and reducing net deficit and accumulated unit discount, if any. 13. SEGMENT REPORTING The scheme operates only in one segment viz. to primarily generate returns, based on schemes' investment objective. 14. INCOME DISTRIBUTION In case the Scheme having Net Gain / Losses for the period after adjustment of income equalisation lower than the amount of distributed income, the incomeis distributed to its unitholders out of the distributable surplus available with the respective Schemes, which consists of the net gain / losses for the period after adjustmentof incomeequalisation and the retained earnings / accumulated reserves of earlier periods. 15. PRIOR YEAR COMPARATIVES Prior year amounts have been reclassified, wherever applicable, to conform to the current year's presentation. (THIS SPACE HAS BEEN INTENTIONALLY LEFT BLANK)
11. RELATED PARTY DISCLOSURES (i) The Scheme has entered into transactions with certain related parties. The information required in this regard in accordance with Accounting Standard 18 on Related Party Disclosures issued by the ICAI and Regulation 25(8) of the SEBI Regulations, is provided below. Related party relationships Name Templeton International Inc, USA Franklin Templeton Trustee Services Private Limited Franklin Templeton Asset Management (India) Private Limited Franklin Templeton AMC Limited Franklin Templeton International Services (India) Private Limited Darby Asia Investors (India) Private Limited Franklin Resources Inc Franklin Templeton Holding Limited, Mauritius ITI Capital Markets Limited Mahindra & Mahindra Financial Services Limited (ceased to be an Associate w.e.f October 08,2010) Schemes of the Fund, under common control of the Sponsor Templeton India Low Duration Fund (Formerly Known As Templeton Monthly Income Plan - Debt) Templeton India Pension Plan Templeton India Treasury Management Account Templeton India Short-Term Income Plan Templeton India Money Market Account (merged with Templeton India Treasury Management Account w.e.f October 22, 2010) Templeton India Cash Management Account Templeton India Income Fund Templeton India Government Securities Fund Templeton India Children s Asset Plan Templeton Floating Rate Income Fund Templeton India Growth Fund FT India Monthly Income Plan Franklin India Flexicap Fund FT India Balanced Fund Franklin FMCG Fund FT India Life Stage Fund of Funds Templeton India Income Builder Account Franklin Templeton Fixed Tenure Fund Series I - 60 Month Plan Franklin Templeton Fixed Tenure Fund Series II - 60 Months Plan Franklin Templeton Fixed Tenure Fund Series III - 36 Months Plan Franklin Templeton Fixed Tenure Fund Series IV - 60 Month Plan Franklin Templeton Fixed Tenure Fund Series VI - 60 Months Plan Franklin Templeton Fixed Tenure Fund Series VIII - 60 Months Plan - Plan A Franklin Templeton Capital Safety Fund - 3 Years Plan Franklin Templeton Capital Safety Fund - 5 Years Plan Templeton Fixed Horizon Fund - 13 Months Plan Templeton Fixed Horizon Fund - 15 Months Plan Templeton India Equity Income Fund Franklin Templeton Capital Protection Oriented Fund - 3 Years Plan Franklin Templeton Capital Protection Oriented Fund - 5 Years Plan Franklin Templeton Fixed Tenure Fund Series IX - Plan A Description of relationship Sponsor of the Fund Trustee of the Fund Subsidiary of the Sponsor and the Scheme's asset manager Subsidiary of the Scheme's asset manager Subsidiary of the Sponsor. Subsidiary of the Sponsor. Ultimate holding Company of the sponsor. Holding company of the scheme's asset manager. ITI Capital Markets Limited is a wholly owned subsidiary of Franklin Templeton Asset Management (India) Private Limited Associate of Franklin Templeton Asset Management (India) Private Limited (in terms of Regulation 25 (8) of SEBI Regulation) Franklin India Opportunities Fund Franklin Infotech Fund Franklin India Build Fund Franklin IndiaTaxshield Franklin India Prima Plus Franklin India Prima Fund Franklin India Bluechip Fund Franklin India International Fund Franklin India Index Tax Fund Franklin India Index Fund Franklin India Growth Fund Franklin India Balanced Fund FT India Dynamic PE Ratio Fund of Funds Franklin India Smaller Companies Fund Franklin India High Growth Companies Fund Templeton Fixed Horizon Fund - Series II - Plan A Templeton Fixed Horizon Fund - Series II - Plan B Templeton Fixed Horizon Fund - Series III - Plan A Templeton Fixed Horizon Fund - Series IV - Plan A Templeton Quarterly Interval Plan - Plan A Templeton Quarterly Interval Plan - Plan B Templeton Quarterly Interval Plan - Plan C Templeton India Ultra-short Bond Fund Franklin Asian Equity Fund Templeton Fixed Horizon Fund - Series VII - Plan A Templeton Fixed Horizon Fund - Series VII - Plan B Templeton Fixed Horizon Fund - Series VII - Plan C Templeton Fixed Horizon Fund - Series VII - Plan D Templeton Fixed Horizon Fund Series VIII - Plan B Templeton Fixed Horizon Fund Series VIII - Plan C Templeton Fixed Horizon Fund Series VIII - Plan D
Franklin Templeton Fixed Tenure Fund Series IX - Plan B Franklin Templeton Fixed Tenure Fund Series X - Plan A Franklin Templeton Fixed Tenure Fund Series X - Plan B Franklin Templeton Fixed Tenure Fund Series X - Plan C Franklin Templeton Fixed Tenure Fund Series X - Plan D Templeton Fixed Horizon Fund - Series IX - Plan A Templeton Fixed Horizon Fund - Series IX - Plan B Templeton Fixed Horizon Fund - Series IX - Plan C Templeton Fixed Horizon Fund - Series IX - Plan D Templeton Fixed Horizon Fund - Series IX - Plan E Templeton Fixed Horizon Fund Series VIII - Plan A Franklin Pharma Fund Franklin Templeton Fixed Tenure Fund - Series XII - Plan A Franklin Templeton Fixed Tenure Fund - Series XIII- Plan A Templeton India Income Opportunities Fund Franklin Templeton Fixed Tenure Fund - Series XIV- Plan A Franklin Templeton Fixed Tenure Fund - Series XV Templeton Fixed Horizon Fund Series VIII - Plan E Templeton Fixed Horizon Fund Series VIII - Plan F Templeton Fixed Horizon Fund - Series X - Plan A Templeton Fixed Horizon Fund - Series X - Plan B Templeton Fixed Horizon Fund - Series X - Plan C Templeton Fixed Horizon Fund - Series X - Plan D Templeton Fixed Horizon Fund - Series X - Plan E Templeton Fixed Horizon Fund - Series XI - Plan G Templeton Fixed Horizon Fund - Series XI- Plan A Templeton Fixed Horizon Fund - Series XI- Plan B Templeton Fixed Horizon Fund - Series XI- Plan C Templeton Fixed Horizon Fund - Series XI- Plan H Templeton Fixed Horizon Fund - Series XI- Plan D Franklin Templeton Fixed Tenure Fund - Series XII- Plan B Franklin Templeton Fixed Tenure Fund - Series XII- Plan C Franklin Templeton Fixed Tenure Fund Series XIV - Plan B (ii) Transactions, if any, with the above mentioned related parties as defined under Accounting Standard 18 and Regulation 25(8) of the SEBI Regulations are provided below: Franklin India Prima Fund Name of related party Nature of transactions Year ended 2011 Balance as at March 31, 2011 Year ended 2010 Balance as at March 31, 2010 Schemes under common control Purchase of investments 33,478.6 - - - Franklin Asian Equity Fund 33,478.6 - - - Franklin Templeton Trustee Services Private Limited Fees for trusteeship services 278 20 214 24 Franklin Templeton Asset Management (India) Private Limited Registrar service charges 14,279 1,135 13,270 1,319 Fees for management services 92,759 7,690 82,532 9,013 Schemes under common control Investment in the Plan Franklin Templeton India Life Stage FOF - 20+ Subscriptions (No. of units in '000) 10-19 - Redemptions (No. of units in '000) 29-35 - Net asset value of investment at balance sheet date 11,333 15,658 Franklin Templeton India Life Stage FOF - 30+ Subscriptions (No. of units in '000) 3-14 - Redemptions (No. of units in '000) 18-34 - Net asset value of investment at balance sheet date 3,505 7,193 Franklin Templeton India Life Stage FOF - 40+ Subscriptions (No. of units in '000) 6-40 - Redemptions (No. of units in '000) 23-57 - Net asset value of investment at balance sheet date 11,436 15,360 Templeton India Treasury Management Account - Super Institutional Plan - Growth Subscriptions (No. of units in '000) 142 - Redemptions (No. of units in '000) 142 - Net asset value of investment at balance sheet date - - ITI Capital Markets Limited Commission for distribution of the Scheme's units ( # ) 117* - 110* - Mahindra & Mahindra Financial Services Limited Commission for distribution of the Scheme's units ( # ) 3* - 6* -
Franklin India Smaller Companies Fund Name of related party Nature of transactions Year ended 2011 Balance as at March 31, 2011 Year ended 2010 Balance as at March 31, 2010 Franklin Templeton Trustee Services Private Limited Fees for trusteeship services 188 13 179 16 Franklin Templeton Asset Management (India) Private Limited Registrar service charges 826 758 822 470 Fees for management services 71,924 4,827 80,083 6,061 Schemes under common control Investment in the Plan Templeton India Treasury Management Account - Super Institutional Plan - Growth Subscriptions (No. of units in '000) 220 - Redemptions (No. of units in '000) 220 - Net asset value of investment at balance sheet date - - Mahindra & Mahindra Financial Services Limited Commission for distribution of the Scheme's units (# **/* - **/* - # The commission is at rates similar to those offered to other distributors by the scheme. *This represents the amount paid / payable for the year and does not necessarily reflect the amount charged to the Scheme's Revenue Account. **Amount is less than rupees one thousand
16. SUPPLEMENTARY INVESTMENT PORTFOLIO INFORMATION AND INDUSTRYWISE CLASSIFICATION Details of investment portfolio and industrywise classificationof the Scheme's investments in each category of investments as at March 31, 2011 are presented below. The industry and company exposure are stated as a percentage of the Scheme's net assets as at March 31, 2011, as well as the aggregate investments in each investment category. Franklin India Prima Fund Industry and Company Particular Quantity Amount Equity and Equity Related (a) Listed/Awaiting listing on Stock Exchanges Percentage to Net Assets Percentage to Investment Category Auto 784,061 110,827 1.34 1.43 Escorts Limited 784,061 110,827 1.34 1.43 Auto Ancillaries 2,593,417 479,730 5.79 6.20 Amara Raja Batteries Limited 1,124,529 212,705 2.57 2.75 Exide Industries Limited 1,246,998 178,009 2.15 2.30 Bosch Limited 10,056 67,176 0.81 0.87 Ceat Limited 211,834 21,840 0.26 0.28 Banks 11,956,432 1,698,485 20.51 21.92 Federal Bank Limited 1,090,386 456,763 5.51 5.90 Yes Bank Limited 1,158,891 359,140 4.34 4.64 IndusInd Bank Limited 1,315,433 346,880 4.19 4.48 Union Bank of India Limited 547,359 190,180 2.30 2.45 South Indian Bank Limited 6,995,955 159,858 1.93 2.06 Andhra Bank 610,000 92,080 1.11 1.19 Oriental Bank of Commerce 233,100 90,198 1.09 1.16 Corporation Bank Limited 5,308 3,386 0.04 0.04 Cement 1,736,676 430,750 5.20 5.56 India Cements Limited 1,266,716 121,098 1.46 1.56 Shree Cements Limited 46,887 97,363 1.18 1.26 UltraTech Cement Limited 83,512 94,686 1.14 1.22 Century Textiles & Industries Limited 219,534 76,848 0.93 0.99 Birla Corporation Limited 120,027 40,755 0.49 0.53 Chemicals 2,355,193 351,395 4.24 4.54 Pidilite Industries Limited 2,355,193 351,395 4.24 4.54 Construction Project 733,546 133,249 1.61 1.72 Voltas Limited 733,546 133,249 1.61 1.72 Consumer Non Durables 1,116,298 403,218 4.86 5.20 Asian Paints Limited 47,280 119,474 1.44 1.54 GlaxoSmithkline Consumer Healthcare Limited 49,979 111,848 1.35 1.44 Godrej Consumer Products Limited 274,800 100,412 1.21 1.30 Dabur India Limited 744,239 71,484 0.86 0.92 Ferrous Metals 3,317,010 258,122 3.12 3.33 Adhunik Metaliks Limited 1,956,778 180,317 2.18 2.33 Usha Martin Limited 1,360,232 77,805 0.94 1.00 Fertilisers 514,701 174,149 2.10 2.25 Tata Chemicals Limited 514,701 174,149 2.10 2.25 Finance 198,281 253,778 3.07 3.28 Bajaj Holdings and Investment Limited 180,690 143,116 1.73 1.85 Crisil Limited 17,591 110,662 1.34 1.43 Gas 3,352,249 345,625 4.17 4.46 Gujarat State Petronet Limited 2,755,449 273,203 3.30 3.53 Petronet LNG Limited 596,800 72,422 0.87 0.93 Hotels 686,353 63,728 0.77 0.82 Taj GVK Hotels & Resorts Limited 686,353 63,728 0.77 0.82 Industrial Capital Goods 1,318,940 462,410 5.58 5.97 Crompton Greaves Limited 953,732 260,321 3.14 3.36 Thermax Limited 222,195 133,850 1.62 1.73 BGR Energy Systems Limited 143,013 68,239 0.82 0.88 Industrial Products 5,551,584 487,709 5.88 6.30 Sintex Industries Limited 1,415,791 214,634 2.59 2.77 Finolex Cables Limited 4,012,992 189,012 2.28 2.44 Cummins India Limited 122,801 84,063 1.01 1.09 Media & Entertainment 5,014,166 554,188 6.69 7.15 Jagran Prakashan Limited 2,834,333 362,086 4.37 4.67 IBN18 Broadcast Limited 1,473,226 137,305 1.66 1.77 Television Eighteen India Limited 706,607 54,797 0.66 0.71
Industry and Company Particular Quantity Amount Percentage to Net Assets Percentage to Investment Category Minerals/Mining 1,048,796 142,322 1.72 1.84 Gujarat Mineral Development Corporation Limited 1,048,796 142,322 1.72 1.84 Pharmaceuticals 2,804,381 883,794 10.67 11.41 Ipca Laboratories Limited 951,899 287,093 3.47 3.71 Torrent Pharmaceuticals Limited 418,066 241,788 2.92 3.12 Cadila Healthcare Limited 206,596 163,479 1.97 2.11 FDC Limited 1,015,593 103,286 1.25 1.33 Lupin Limited 212,227 88,148 1.06 1.14 Power 675,675 168,615 2.04 2.18 Torrent Power Limited 675,675 168,615 2.04 2.18 Software 26,444 52,468 0.63 0.68 Oracle Financial Services Software Limited 26,444 52,468 0.63 0.68 Telecom - Services 617,240 220,663 2.66 2.84 Bharti Airtel Limited 617,240 220,663 2.66 2.84 Transportation 275,565 72,418 0.87 0.92 Great Eastern Shipping Co. Limited 275,565 72,418 0.87 0.92 Total 7,747,643 93.52 100.00 (b) Unlisted** Others 178,100 2 0.00 100.00 Him Techno 170,000 2 0.00 100.00 Numero Uno International Limited 8,100 0 0.00 0.00 */++ Total 2 0.00 100.00 OTHER CURRENT ASSETS 667,791 8.07 TOTAL ASSETS 8,415,436 101.59 LESS: CURRENT LIABILITIES 130,919 1.59 NET ASSETS 8,284,517 100.00 ** Untraded /Thinly Traded Securites * Less than 0.01% ++Less than rupees one thousand
Franklin India Smaller Companies Fund Industry and Company Particular Quantity Amount Equity and Equity Related (a) Listed/Awaiting listing on Stock Exchanges Percentage to Net Assets Percentage to Investment Category Auto 1,841,289 124,501 2.46 2.58 Ashok Leyland Limited 1,607,640 91,475 1.81 1.90 Escorts Limited 233,649 33,026 0.65 0.68 Auto Ancillaries 2,106,560 300,901 5.97 6.25 Amara Raja Batteries Limited 753,601 142,544 2.83 2.96 Exide Industries Limited 877,859 125,314 2.48 2.60 Apollo Tyres Limited 475,100 33,043 0.66 0.69 Banks 12,806,338 905,464 17.95 18.78 South Indian Bank Limited 10,746,302 245,553 4.87 5.09 Federal Bank Limited 575,300 240,993 4.78 5.00 IndusInd Bank Limited 891,808 235,170 4.66 4.88 Yes Bank Limited 592,928 183,748 3.64 3.81 Cement 4,254,218 252,858 5.01 5.25 JK Lakshmi Cement Limited 2,118,612 108,155 2.14 2.24 Orient Paper & Industries Limited 1,492,122 83,186 1.65 1.73 India Cements Limited 643,484 61,517 1.22 1.28 Chemicals 1,954,172 291,562 5.78 6.05 Pidilite Industries Limited 1,954,172 291,562 5.78 6.05 Construction 2,870,583 230,331 4.57 4.77 Consolidated Construction Consortium Limited 2,534,565 127,996 2.54 2.65 Sobha Developers Limited 230,619 67,917 1.35 1.41 Simplex Infrastructures Limited 105,399 34,418 0.68 0.71 Construction Project 338,127 61,421 1.22 1.27 Voltas Limited 338,127 61,421 1.22 1.27 Consumer Non Durables 1,023,910 114,354 2.27 2.36 Triveni Engineering & Industries Limited 519,047 49,829 0.99 1.03 Berger Paints India Limited 456,248 40,195 0.80 0.83 Bajaj Corporation Limited 48,615 24,330 0.48 0.50 Engineering Services 37,430 47,122 0.93 0.98 VA Tech Wabag Limited 37,430 47,122 0.93 0.98 Ferrous Metals 1,458,787 134,427 2.67 2.79 Adhunik Metaliks Limited 1,458,787 134,427 2.67 2.79 Fertilisers 247,425 152,649 3.03 3.17 Zuari Industries Limited 247,425 152,649 3.03 3.17 Finance 180,717 115,592 2.30 2.40 Sundaram Finance Limited 112,484 54,780 1.09 1.14 Mahindra & Mahindra Financial Services Limited 43,233 33,711 0.67 0.70 ICRA Limited 25,000 27,101 0.54 0.56 Gas 2,211,989 219,319 4.35 4.55 Gujarat State Petronet Limited 2,211,989 219,319 4.35 4.55 Hotels 410,802 38,143 0.76 0.79 Taj GVK Hotels & Resorts Limited 410,802 38,143 0.76 0.79 Industrial Capital Goods 1,366,768 494,080 9.79 10.25 Crompton Greaves Limited 644,185 175,830 3.49 3.65 Thermax Limited 141,613 85,308 1.69 1.77 BGR Energy Systems Limited 136,760 65,255 1.29 1.35 Tecpro Systems Limited 219,825 61,683 1.22 1.28 TRF Limited 100,075 46,235 0.92 0.96 Alstom Projects India Limited 69,132 40,563 0.80 0.84 AIA Engineering Limited 55,178 19,206 0.38 0.40 Industrial Products 795,756 166,901 3.31 3.46 Sintex Industries Limited 708,948 107,477 2.13 2.23 Cummins India Limited 86,808 59,424 1.18 1.23
Industry and Company Particular Quantity Amount Percentage to Net Assets Percentage to Investment Category Media & Entertainment 4,151,209 423,092 8.39 8.77 Jagran Prakashan Limited 1,561,506 199,482 3.96 4.14 IBN18 Broadcast Limited 1,455,551 135,657 2.69 2.81 Television Eighteen India Limited 1,134,152 87,953 1.74 1.82 Minerals/Mining 989,782 134,313 2.66 2.79 Gujarat Mineral Development Corporation Limited 989,782 134,313 2.66 2.79 Pesticides 28,620 37,793 0.75 0.78 Rallis India Limited 28,620 37,793 0.75 0.78 Pharmaceuticals 2,116,577 381,097 7.56 7.91 Ipca Laboratories Limited 660,134 199,096 3.95 4.13 FDC Limited 1,426,280 145,053 2.88 3.01 Pfizer Limited 30,163 36,948 0.73 0.77 Telecom - Services 547,430 195,706 3.88 4.05 Bharti Airtel Limited 547,430 195,706 3.88 4.05 Total 4,821,626 95.61 100.00 OTHER CURRENT ASSETS 297,385 5.90 TOTAL ASSETS 5,119,011 101.51 LESS: CURRENT LIABILITIES 75,423 1.51 NET ASSETS 5,043,588 100.00
FRANKLIN TEMPLETON MUTUAL FUND SCHEDULES TO THE BALANCE SHEET AND REVENUE ACCOUNT FOR THE YEAR ENDED MARCH 31, 2011 FRANKLIN INDIA PRIMA FUND FRANKLIN INDIA SMALLER COMPANIES FUND March 31, 2011 March 31, 2010 March 31, 2011 March 31, 2010 Annexure 1 Asian Paints y Limited 119,474 - - - Bharti Airtel Limited 220,663 350,437 195,706 167,546 Dabur India Limited 71,484 - - - Exide Industries Limited 178,009-125,314 - FDC Limited 103,286-145,053 - Great Eastern Shipping Co. Limited - 222,941-134,532 Hero Honda Motors Limited - 132,476 - - Hindustan Zinc Limited - - - 118,971 Idea Cellular Limited - 219,792 - - LIC Housing Finance Limited - 72,704-48,213 Shree Cements Limited 97,363 51,622 - - 790,279 1,049,972 466,073 469,262 The aggregate purchases (other than by inter-scheme transfer/sale and those already disclosed earlier) made by the Scheme in these companies, during a period of one year before or after the date of the companies' investment are as follows: Asian Paints Limited 122,297 - - - Bharti Airtel Limited 161,112 673,272 31,071 411,490 Cairn India Limited 93,470-62,822 - EXIDE INDUSTRIES Limited 159 - - - FDC Limited 97,004-114,509 - HDFC Bank Limited - 37,607 - - Hindustan Zinc Limited - 49,565-61,709 HT Media Limited - 80,840-109 LIC Housing Finance Limited - 398,126-331,118 PTC India Limited - 104,095 - - Reliance Industries Limited - 85,736-63,304 Shree Cements Limited - 45,056 - - Tata Consultancy Services Limited - 93,489-72,863 474,042 1,567,786 208,402 972,165
PER UNIT STATISTICS FRANKLIN INDIA PRIMA FUND FRANKLIN INDIA SMALLER COMPANIES FUND Year ended Year ended Year ended Year ended Year ended Year ended March 31, 2011 March 31, 2010 March 31, 2009 March 31, 2011 March 31, 2010 March 31, 2009 (a) Net Asset value, per unit Growth 267.5531 256.4503 110.5501 14.2145 13.2670 5.7559 Dividend 41.6896 47.8399 24.3543 13.1614 12.2840 5.3294 (b) Gross Income: i) Income other than profit on sale of investment, per unit 1.05 0.92 1.18 0.28 0.19 0.18 ii) Loss on interscheme sale/transfer - - iii) Profit on sale of investment to third party, per unit 8.40 17.21 (12.36) 2.94 2.88 (3.62) iv) transfer to Revenue Account from (c) Aggregate of expense, write offs, amortisation and charges, per unit (1.49) (1.30) (1.12) (0.36) (0.23) (0.19) (d) Net unrealised appreciation/(depreciation) in value of investments 9.46 29.11 (14.14) 2.67 6.27 (1.85) (e) Net Income, per unit (including appreciation / depreciation) 17.43 45.94 (26.44) 5.54 9.11 (5.48) (f) i) Highest traded price N.A. N.A. N.A. N.A. N.A. N.A. ii) Lowest traded price N.A. N.A. N.A. N.A. N.A. N.A. iii) Highest repurchase price/nav * Growth 317.6444 256.1975 221.2585 16.5481 13.0249 11.6993 Dividend 49.6826 47.7927 55.9465 15.3221 12.0599 10.8325 iv) Highest resale price * Growth 317.6444 258.7854 228.5220 16.5481 13.5676 11.9333 Dividend 49.6826 48.2755 57.7831 15.3221 12.5624 11.0492 v) Lowest repurchase price/nav * Growth 237.9267 110.8310 95.8543 12.3730 5.5973 5.0702 Dividend 37.3816 24.4162 21.1168 11.4563 5.1827 4.6946 vi) Lowest resale price * Growth 237.9267 114.4694 99.0010 12.3730 5.8305 5.1716 Dividend 37.3816 25.2177 21.8100 11.4563 5.3986 4.7885 Ratio of Expenses to Average Net Assets 2.04 2.11 2.14 2.04 1.92 2.21 Ratio of Gross Income to Average Net Assets 13.16 29.33 (20.93) 18.71 25.23 (40.46) (g) P.E. Ratio N.A. N.A. N.A. N.A. N.A. N.A. * Per unit calculation is based on number of units at the end of the year. The highest and lowest resale pricce has been determined, after adding to the NAV, the maximum entry load applicable. Per unit statistics are disclosed for schemes/plans in existence at the end of respective years.