ESCORTS MUTUAL FUND            
 ESCORTS GILT PLAN               
 SCHEDULES FORMING PART OF  THE ACCOUNTS          
             
SCHEDULE-4              
             
INVESTMENTS    AS AT AS AT AS AT AS AT AS AT AS AT
  MARCH  31, 2007 MARCH  31, 2007 MARCH  31, 2007 MARCH  31, 2007 MARCH  31, 2006 MARCH  31, 2006
    COST APPRECIATION DEPRECIATION MARKET/FAIR VALUE COST MARKET/FAIR VALUE
( Refer to attached Statement of  ( Rs.) ( Rs.) ( Rs.) ( Rs.) ( Rs.) ( Rs.)
Portfolio Holdings as at  March 31, 2007 )            
             
Government Securities   51,162,508                                        127,067                                              51,035,441 86,098,660                                                85,042,368
             
  - - - - - -
Total   51,162,508 0                                      127,067 51,035,441 86,098,660 85,042,368
  - - - - - -