Purging of Interest Income for

TATA Ethical Fund

 Go to
https://www.tatamutualfund.com/products/tata-ethical-fund
to reach TATA Ethical Fund website’s landing page
Scroll down to
“Downloads”
 Left Click

Left Click here to open the excel file or Go to

“Downloads” folder to open the (purging calculator)
Right Click & Open the file.
Left Click
 Overview of
Selection Pane Purging Calculator
to select
Scheme & Year
Important: As the Interest purging amount can
only be determined after the results for the all
1st Half (Transactions) the scrips held in the portfolio for the complete
selected period become available in the public
1st April – 30th September domain, it normally requires elapse of upto 18-
Row 7 – Row 44 24 months from the close of the selected
period to get to know the total amount to be
purged. Hence the latest period for which the
total purging amount is known as of date is,
April 2018 to March 2019

2nd Half (Transactions)

1st October – 31st March
Row 46 – Row 84
For Purging Interest Income
Calculation , Select your
scheme in “Select Scheme”
dropdown box.
 Purging calculation cycle is from 1st April to 31st March

There are 3 important data points that you will need to complete your purging,
-Date of Purchase
-NAV at that Date
-Amount invested on that Date
Here is a Sample Data for demonstration.
 Now we need to input the data for
Opening of the Purging Year Calculation

Amount Invested Till

Sample Data Holding as Now Total Unit Holding

on 31st March 10,000 129.35

1 2 3
Enter total unit holding scheme as at
From “Select Year” dropdown box select Start of selected year (e.g. 31st March 2017)
the year for which you want to
Enter amount invested in scheme as at
calculate the purging amount.
Start of selected year (e.g. 31st March 2017)
Purchase Date NAV (Rs) Amnt Inv Sample Data 2017-18
10/04/2017 139.13 1,000
10/05/2017 144.08 1,000 Data for 1st Half
09/06/2017 141.94 1,000 (1st April – 30th September)
10/07/2017 144.07 1,000 (Row 7 – Row 44)
10/08/2017 143.00 1,000 If you do not have any transactions
in the 1st half, leave it blank.
11/09/2017 150.22 1,000

10/10/2017 150.47 1,000

10/11/2017 156.10 1,000 Data for 2nd Half
11/12/2017 161.47 1,000
(1st October – 31st March)
10/01/2018 168.33 1,000 (Row 46 – Row 84)
09/02/2018 158.94 1,000 If you do not have any transactions
09/03/2018 156.86 1,000 in the 2nd half, leave it blank.
Input Data here
for the 1st Half
(Row 7 – Row 44)
Input Data here
for the 2nd Half
(Row 46 – Row 84)
Instruction: On completion of data
input in previous screens, calculator
will automatically display purging
ratios, total unit days and purging
amounts for the two half years.

Sum of these two figures (Rs.

145.035) is the total Interest
amount to be Purged from the
Portfolio for the selected year.
 Purging of Interest Income
Calculation is now complete.