ESCORTS MUTUAL FUND              
ESCORTS GROWTH PLAN              
REVENUE ACCOUNT FOR THE YEAR ENDED  MARCH 31, 2007            
             
    SCHEDULE FOR THE YEAR   FOR THE YEAR    
    ENDED   ENDED    
    MARCH 31, 2007   MARCH 31, 2006    
    ( Rs.)   ( Rs.)    
             
INCOME & GAINS              
             
Interest   6                                                              -     50,122    
Profit on Sale/Redemption of Investments                                                   17,416,843   17,772,949    
(Other than Inter-Scheme Transfer/Sale)                
Profit on Inter-Scheme transfer/sale                                                     2,304,054                                                    2,128,423                       -  
Dividend                                                        626,873                                                       539,502    
Premium on Equity Stock Options                                                     1,888,369                                                       189,117    
Other Income                                                               468                                                           3,930    
Sundry Balances Written Back                                                                  -                                                           11,139    
    -   -    
Total Income                                                   22,236,607   20,695,182    
    -   -    
             
EXPENSES & LOSSES              
             
Loss on Sale/Redemption of Investments                                                     2,340,545                                                    2,461,020    
(Other than Inter-Scheme Transfer/Sale)              
Loss on Inter-Scheme Transfer/Sale                                                        450,590                                                       372,487    
Loss on Equity Stock Options                                                      2,317,313                                                    1,623,255    
Investment Management & Advisory Fees                                                        647,355                                                       577,839    
(Refer Note 1.3 & 2.6 in Schedule 10)              
Trusteeship Fees                                                            16,031                                                         23,025    
Audit Fees                                                          10,112   7,857    
Custodian Fees                                                          13,504                                                         10,905    
Sundry Balance Written Off                                                            5,447                                                                 -      
Other Operating Expenses   7                                                    456,622                                                       554,213    
Fringe Benefit Tax                                                            5,978                                                           3,411    
              ---------------------------              ---------------------------     
                                                      6,263,497   5,634,012    
              ---------------------------              ---------------------------     
Less: Expenses to be Reimbursed by                                                                   -                                                         128,544    
Asset ManagementCompany               ---------------------------             ---------------------------    
Total Expenses                                                     6,263,497   5,505,468    
              ---------------------------             ---------------------------    
EXCESS OF INCOME OVER EXPENSES                                                   15,973,110   15,189,714