Process Periodic Load Maintenance Detail

6.1 Process Periodic Load Maintenance Detail

This topic provides the systematic instructions to facilitate the periodic load maintenance at the Product level.

On Home screen, type UTDPERLM in the text box, and click Next.
The Periodic Load Maintenance Detail screen is displayed.

Figure 6-1 Periodic Load Maintenance Detail

Description of "Figure 6-1 Periodic Load Maintenance Detail"

On Periodic Load Maintenance Detail screen, click New to enter the details.

For more information on fields, refer to the field description table.

Table 6-1 Periodic Load Maintenance Detail - Field Description

Field	Description
Sub Type	Alphanumeric; 3 Characters; Mandatory Specify the sub type to map the transaction sub type created earlier (69A or 69B or 86A) for Fee/incentive Transaction (69/86) for given periodic load setup. If the periodic fee is maintained at the product level, then during periodic load accrual, the amount in fund base currency gets converted to product base currency to derive the load slab. The computation will happen in fund base currency. On Authorization, of Periodic Load Maintenance, the system will support quarterly average holding method with yearly payment frequency only.
Transaction Choose Basis	Alphanumeric; 1 Character; Optional Specify the transaction choose basis details. Alternatively, you can select transaction choose basis details from the option list. The list displays all valid transaction choose basis maintained in the system.
Transaction Choose Basis Description	Display The system displays the description for the selected transaction Choose basis value as follows: Methodology 1: Subscription and Redemption for trade date, T, is only accounted for Total Units on T + 1 (Where T + 1 includes all non-trading day) Methodology 2: Subscription and Redemption for trade date, T, is only accounted for Total units on T + 1 (where T + 1 excludes all non-trading day) Methodology 3: Rejection for trade date, R, is accounted for Total units on R – 1 (where R-1 includes all non-trading day)

Field

Description

Sub Type

Alphanumeric; 3 Characters; Mandatory

Specify the sub type to map the transaction sub type created earlier (69A or 69B or 86A) for Fee/incentive Transaction (69/86) for given periodic load setup.

If the periodic fee is maintained at the product level, then during periodic load accrual, the amount in fund base currency gets converted to product base currency to derive the load slab. The computation will happen in fund base currency.

On Authorization, of Periodic Load Maintenance, the system will support quarterly average holding method with yearly payment frequency only.

Transaction Choose Basis

Alphanumeric; 1 Character; Optional

Specify the transaction choose basis details. Alternatively, you can select transaction choose basis details from the option list. The list displays all valid transaction choose basis maintained in the system.

Transaction Choose Basis Description

Display

The system displays the description for the selected transaction Choose basis value as follows:

Methodology 1: Subscription and Redemption for trade date, T, is only accounted for Total Units on T + 1 (Where T + 1 includes all non-trading day)
Methodology 2: Subscription and Redemption for trade date, T, is only accounted for Total units on T + 1 (where T + 1 excludes all non-trading day)
Methodology 3: Rejection for trade date, R, is accounted for Total units on R – 1 (where R-1 includes all non-trading day)

Refer to the topic Setting Up Loads in Fund Setup User Manual for further information on applying periodic load.

Parent topic: Periodic Load