13. Annexure

This annexure explains certain procedures that apply to both, the LEP and UT modules.

References to the Agency Branch and Fund Manager User Manuals have been made. For complete information on the procedures and processes that have been mentioned here, refer to the manuals mentioned.

This chapter contains the following sections:

• Section 13.1, "Fund Distribution Processing"

13.1 Fund Distribution Processing

This section contains the following topics:

• Section 13.1.1, "Processing Fund Distribution"

13.1.1 Processing Fund Distribution

The system tracks the dividends proceeds separately for Unit Trust (UT) Transactions and Policies. The dividend on a Policy is always reinvested.

The dividend due for a policy investment will be reinvested with the Policy Transaction Type ‘80’.

 

The dividend due for a UT investment will be reinvested with the Reference Type RE and Reference Number ‘REINV’. This is shown in the screen given below: