2.9.2 Reinvestment Details Tab

This topic explains the reinvestment details tab of Income Distribution Setup Detail.

1. On Income Distribution Setup Detail screen, click Reinvestment Details tab to capture the details.
   The Reinvestment Details are displayed.

   Figure 2-21 Income Distribution Setup Detail_Reinvestment Details Tab

   
   

   
   Description of "Figure 2-21 Income Distribution Setup Detail_Reinvestment Details Tab"

   
   
2. you can define the pattern in which the entity can reinvest income earnings back into the funds of the AMC.
3. You can reinvest earned income in the entity in any of the following ways:
   • Reinvest either in the entity’s own default unit holder account, or another unit holder account. In the latter case, the unit holder in whose account the reinvestment is proposed must belong to the same AMC as the source entity.
   • Reinvest the income back into any of the funds of the AMC.
   • Reinvest the income in as many target fund/unit holder combinations, subject to the constraints expressed above. This is again subject to the consideration that the sum of the percentages of reinvestment in all these combinations must be equal to 100.

   Note:

   Reinvestment is only allowed into or out of a fund if so designated in the Corporate Actions profile for the fund and corporate action type.
4. If you have chosen either Both or Full Payment as the distribution mode, you must specify all information in this section.
5. On Reinvestment Details Tab, specify the fields.
   For more information on fields, refer to the field description table.

   Table 2-16 Reinvestment Details - Field Description

   Field	Description
   Reinvestment Unit Holder ID	Alphanumeric; 12 Characters; Mandatory Specify the ID of the unit holder in whose account the income is to be reinvested. When you select the ID of the reinvestment unit holder, the name of the unit holder is displayed in the Reinvestment Unit Holder Name field. The entity’s default Unit Holder ID is displayed here. If necessary, you can change it. You can also click Find UH button to query reinvestment unit holder ID.
   Reinvestment Unit Holder Name	Display The system displays the name of the Unit Holder based on the Reinvestment Unit Holder ID.
   Reinvestment Fund ID	Alphanumeric; 6 Characters; Mandatory Select the ID of the fund in which the income is to be reinvested.
   Fund Name	Display The system displays name of the specified reinvestment fund based on the details maintained at Fund Maintenance level.
   Split Percentage	Numeric; 5 Characters; Mandatory Specify the percentage of the derived income that is to be reinvested in the specified reinvestment unit holder's account, in the specified reinvestment fund. You can make any number of such entries, specifying a percentage for each combination. The sum total of all split percentages for all reinvestment unit holder – reinvestment fund ID combinations you have specified must be equal to one hundred percent.