3.4.6 Load Override Tab

This topic explains the Load Override tab of FCIS IPO Subscription Detail.

In this section, you can override or alter the value of any load (including derived loads, if any) mapped to the selected fund and applicable for the transaction type, which is to be computed at the time of allocation. The frequency of computation for such loads would be Allocation.

This section is only enabled for funds that have allocation time loads mapped to them as applicable for the transaction type.

If you click Load Override Details button, the system defaults the load details.

If you do not click this button, then the system will not default even if the fund has load. In this case, load will get computed during allocation only.

1. On the FCIS IPO Subscription Detail screen, click on Load Override tab to enter the details.
   The Load Override details are displayed.

   Figure 3-8 FCIS IPO Subscription Detail - Load Override

   
   

   
   Description of "Figure 3-8 FCIS IPO Subscription Detail - Load Override"

   
   
2. On Load Override tab, specify the fields.
   For more information on fields, refer to the field description below.

   Table 3-14 Load Override - Field Description

   Fields	Description
   Load ID	Display The ID of the allocation time load that has been mapped to the fund for the transaction type is displayed here. The load ID is displayed as a link. To view details of the load, click the ID link. If a derived load has been mapped, it is also displayed here and can be overridden.
   Load Details	Display The system displays the load details.
   Group ID	Display The system displays the group ID.
   Amount Percent	Display The type of the allocation time load that has been mapped to the fund for the transaction type is displayed here. The ‘type’ of the load refers to the base value upon which the load is applied. There are two possible types, amount-based loads, and percentage-based loads.
   Change Value	Display The system displays the change value details.
   Change type	Display The system displays the change type. When you override or alter an allocation time load at the time of entering a transaction, you can effect the change in any of the following ways: Discount (reducing the load return value in all the slabs) Increase (increasing the load return value in all slabs) Return Value (assigning an altered return value that will be applicable to all the loads)
   Project Return Value	Display The system populates the return value from the load setup. If the UH Deal maintained is same for Unit Holder, Load and Fund Setup then overridden value from UH Deal is displayed. If there are criteria based loans in UT transactions, the criteria is evaluated and only loads applicable for the transaction is displayed. You can view the applicable loads and projected return values by clicking Enrich Transaction in the transaction screen. The system uses the projected return value for load amount computation and also to compute the net amount to AMC while generating GO. In LEP transactions, if there are criteria based loads, the criteria is evaluated during UT transaction generation and it will be used during allocation.
   Derived Load Override Details	The system displays the following values: Load ID Parent Load ID Load Description Change Type Change Value