ESCORTS MUTUAL FUND
ESCORTS TAX PLAN
BALANCE SHEET AS AT MARCH 31, 2010
		SCHEDULE		AS AT		AS AT
				MARCH 31, 2010		MARCH 31, 2009
				( Rs. )		( Rs. )
LIABILITIES
Unit Capital		1		40,433,544		38,841,315
Reserves & Surplus		2		14,529,466		(8,717,408)
Current Liabilities and Provisions		3		550,449		358,424
				-----------------		-----------------
Total				55,513,459		30,482,331
				-----------------		-----------------
ASSETS
Investments		4		52,031,455		8,725,627
Other Current Assets		5		3,482,004		21,756,704					31895781.04
				-----------------		-----------------
Total				55,513,459		30,482,331
				-----------------		-----------------
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			39,478,458	15,484,551	21,701,518	8,422,389
(Total Assets-Current Liabilities & Provisions)
Net Asset Value			39,478,458	15,484,551	21,701,518	8,422,389
Number of Units			3,702,669	340,685	3,559,985	324,146
Net Asset Value per Unit			10.6622	45.4512	6.0960	25.9833
Significant Accounting Policies & Notes to the Accounts		9
The Schedules referred to above form
an integral part of the Balance Sheet
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.
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  :
			DI	GR
NAV AS ON 31-03-2010			10.6409	45.3606
UNITS AS ON 31-03-2010			3,702,669.47	340,684.95	4,043,354.42
NET ASSET  AS ON 31-03-2010			39,399,735.58	15,453,673.70	54,853,409.28
% of NET ASSET AS ON 31-03-2010			71.83	28.17	100.00