ESCORTS MUTUAL FUND
ESCORTS HIGH YIELD EQUITY PLAN
BALANCE SHEET AS AT MARCH 31, 2009
	SCHEDULE		AS AT			AS AT
			MARCH 31, 2009			MARCH 31, 2008
			( Rs. )			( Rs. )
LIABILITIES
Unit Capital	1		90,970,271			100,793,424
Reserves and Surplus	2		(31,179,150)			5,659,912
Current Liabilities and Provisions	3		274,364			43,551,218
			----------------------			----------------------
Total			60,065,485			150,004,554
			----------------------			----------------------
ASSETS
Investments	4		45,612,576			95,089,884
Other Current Assets	5		14,452,909			54,914,670
			----------------------			----------------------
Total			60,065,485			150,004,554
			----------------------			----------------------
RECONCILIATION TO NET ASSET VALUE PER UNIT :
		DIVIDEND OPTION	GROWTH OPTION	BONUS OPTION	DIVIDEND OPTION	GROWTH OPTION	BONUS OPTION
		(Rs.)	(Rs.)	(Rs.)	(Rs.)	(Rs.)	(Rs.)
Net Asset Value as per Balance Sheet
(Total Assets-Current Liabilities & Provisions)		45,909,487	13,856,811	24,822	81,958,231	24,455,218	39,887
Net Asset Value		45,909,487	13,856,811	24,822	81,958,231	24,455,218	39,887
Number of Units		7,184,148	1,909,464	3,415	7,981,971	2,093,957	3,415
Net Asset Value per Unit		6.3904	7.2569	7.2694	10.2679	11.6789	11.6812
Significant Accounting Policies & Notes to the Accounts	9
The Schedules referred to above form an integral
part of the Revenue Account
As Per our report of even date
For S.N. DHAWAN & CO.	For ESCORTS MUTUAL FUND				For ESCORTS ASSET
Chartered Accountants	(TRUSTEE: ESCORTS INVESTMENT TRUST LTD.)				MANAGEMENT LTD.
					(LALIT K. KHANNA)
( SURESH SETH )	(RAJAN NANDA)				DIRECTOR
PARTNER	CHAIRMAN
MEMBERSHIP NO -10577
	(DR. RAKESH KHURANA)				(S.C. KUCHHAL)
	DIRECTOR				DIRECTOR
PLACE : NEW DELHI
DATE  : 22.07.2009
	DI	GR	BON
NAV AS ON 31.03.09	6.388	7.2542	7.2667
Units AS ON 31.03.09	7184148.268	1909464.177	3414.631	9097027.076	90970270.76
					0
Net Assets	45892339.14	13851635.03	24813.09909	59768787.27
Percentage	76.78311914	23.17536572	0.041515146	59791120.09
					(22,333)
					59,791,120