ESCORTS MUTUAL FUND
ESCORTS OPPORTUNITIES FUND
SCHEDULES FORMING PART OF THE ACCOUNTS
		AS AT		AS AT
		MARCH  31, 2007		MARCH  31, 2006
		( Rs.)		( Rs.)
SCHEDULE-1
UNIT CAPITAL
Issued and subscribed
(Units of Rs. 10 each)
Opening Balance as on 1st April, 2006	619,466,141		548,956,996
Issued During the Year	434,547,976		350,081,262
Repurchased During the Year	(464,118,764)		(279,572,117)
	--------------------	589,895,353	--------------------	619,466,141
		--------------------		--------------------
Closing Balance as on 31st March, 2007		589,895,353		619,466,141
		--------------------		--------------------
SCHEDULE-2
RESERVES AND SURPLUS
A.    Appropriation Account
Opening Balance as on 1st April, 2006	291,955,094		238,428,334
Surplus Carried from Revenue Account	(87,770,695)		53,526,760
	--------------------		--------------------
	204,184,399		291,955,094
Closing Balance as on 31st March, 2007		204,184,399		291,955,094
B.   Unit  Premium Reserve :
Opening Balance as on 1st April, 2006	9,776,361		6,406,349
Premium on Units Sold	350,809,232		38677813
Premium on Repurchase of Units	(374,515,017)		(35,307,801)
	--------------------		--------------------
	(13,929,424)		9,776,361
Adjustment against Surplus	-		-
Closing Balance as on 31st March, 2007		(13,929,424)		9,776,361
C.   Unrealised Appreciation Reserve :
Opening Balance as on 1st April,2006	203,793,129		30,055,783
Net Change in Unrealised Appreciation in Value of	(203,793,129)		173,737,346
Investments During the Year
	--------------------		--------------------
Closing Balance as on 31st March,2007		-		203,793,129
		--------------------		--------------------
Total (A+B+C)		190,254,975		505,524,584
		--------------------		--------------------