ESCORTS MUTUAL FUND
ESCORTS FLOATING RATE FUND
BALANCE SHEET AS AT MARCH 31, 2007
	SCHEDULE		AS AT		AS AT
			MARCH 31, 2007		MARCH 31, 2006
			( Rs. )		( Rs. )
LIABILITIES
Unit Capital	1		1,217,985		41,208,003
Reserves and Surplus	2		78,667		414,747
Current Liabilities and Provisions	3		11,742		19,427
			----------------------		----------------------
Total			1,308,394		41,642,177
			----------------------		----------------------
ASSETS
Investments	4		1,192,678		13,244,247
Other Current Assets	5		115,716		28,397,930
			----------------------		----------------------
Total			1,308,394		41,642,177
			----------------------		----------------------
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)		97,021	1,199,631	-	41,622,750