ESCORTS MUTUAL FUND
ESCORTS FLOATING RATE FUND
BALANCE SHEET AS AT MARCH 31, 2009
	SCHEDULE		AS AT		AS AT
			MARCH 31, 2009		MARCH 31, 2008
			( Rs. )		( Rs. )
LIABILITIES
Unit Capital	1		972,534		(34,373)
Reserves and Surplus	2		256,593		111,275
Current Liabilities and Provisions	3		1,756		5,827
			----------------------		----------------------
Total			1,230,883		82,729
			----------------------		----------------------
ASSETS
Investments	4		1,011,105		591,906
Other Current Assets	5		219,778		101,786
			----------------------		----------------------
Total			1,230,883		693,692
			----------------------		----------------------
RECONCILIATION TO NET ASSET VALUE PER UNIT :
		DIVIDEND OPTION	GROWTH OPTION	DIVIDEND OPTION	GROWTH OPTION
		(Rs.)	(Rs.)	(Rs.)	(Rs.)
Net Asset Value as per Balance Sheet
(Total Assets-Current Liabilities & Provisions)		231,262	997,864	137,681	550,184
Net Asset Value		231,262	997,864	137,681	550,184
Number of Units		18,302	78,952	11,845	47,335
Net Asset Value per Unit		12.6362	12.6389	11.6231	11.6231
Significant Accounting Policies & Notes to the Accounts	9
The Schedules referred to above form an integral
part of the Balance Sheet.
As Per our report on even date
For S.N. DHAWAN & CO.	For ESCORTS MUTUAL FUND			For ESCORTS ASSET
Chartered Accountants	(TRUSTEE: ESCORTS INVESTMENT TRUST LTD.)			MANAGEMENT LTD.
(SURESH SETH)	(RAJAN NANDA)			(LALIT K. KHANNA)
PARTNER	CHAIRMAN			DIRECTOR
MEMBERSHIP NO - 10577
	(DR. RAKESH KHURANA)			(S.C. KUCHHAL)
	DIRECTOR			DIRECTOR
PLACE : NEW DELHI
DATE  : 22.07.2009
					DIVIDEND OPTION	GROWTH OPTION
					(Rs.)	(Rs.)
			NAV AS ON 31.03.09		$            12.6337	$       12.6364
			Units AS ON 31.03.09		$        18,301.5660	$    78,951.791	$                 97,253
			Net Assets		$            231,216	$       997,666	$              1,228,883
			Percentage		$             18.815	$        81.185