ESCORTS MUTUAL FUND
ESCORTS OPPORTUNITIES FUND
BALANCE SHEET AS AT MARCH 31, 2010
		SCHEDULE		AS AT		AS AT
				MARCH 31, 2010		MARCH 31, 2009
				( Rs. )		( Rs. )
LIABILITIES
Unit Capital		1		1,521,189,885		1,462,307,468
Reserves and Surplus		2		34,682,464		(16,617,892)
Current Liabilities and Provisions		3		15,166,877		11,522,444
				-----------------		-----------------
Total				1,571,039,226		1,457,212,020
				-----------------		-----------------
ASSETS
Investments		4		1,493,111,964		906,337,130
Other Current Assets		5		77,927,262		550,874,890
				-----------------		-----------------
Total				1,571,039,226		1,457,212,020
				-----------------		-----------------
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			1,535,503,348	20,369,001	1,427,423,573	18,266,003
(Total Assets-Current Liabilities & Provisions)
Net Asset Value			1,535,503,348	20,369,001	1,427,423,573	18,266,003
Number of Units			151,349,198	769,790	145,448,185	782,562
Net Asset Value per Unit			10.1454	26.4605	9.8140	23.3413
Significant Accounting Policies & Notes to the Accounts		9
As per our report of even date
The Schedules referred to above form
an integral part of the Balance Sheet
For S.N. DHAWAN & CO.	For ESCORTS MUTUAL FUND				For ESCORTS ASSET
Chartered Accountants	(TRUSTEE: ESCORTS INVESTMENT TRUST LTD.)				MANAGEMENT LTD.
Regn. No. 000050N
(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  :
			Dividend	Growth
NAV As on 31-3-2010			10.0902	26.3164
Units			151,349,198	769,790
Net Assets			1,527,143,680	20,258,107	1,547,401,787	0
% of Net Assets			98.6908	1.3092	100.0000