ESCORTS   MUTUAL FUND              
ESCORTS HIGH YIELD EQUITY PLAN              
SCHEDULES FORMING PART OF THE ACCOUNTS            
           
    AS AT      
      MARCH 31, 2007      
SCHEDULE-3     ( Rs.)      
           
CURRENT LIABILITIES AND PROVISIONS            
           
Current Liabilities :            
           
     -Sundry Creditors                                                          5,330,914      
     - Liability for Expenses                                                          1,234,562      
     -Duties & Taxes                                                               17,162      
     -Other Payable                                                                 1,000      
     ----------------------       
Total                                                          6,583,638      
     ----------------------