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