ESCORTS   MUTUAL FUND
ESCORTS HIGH YIELD EQUITY PLAN
SCHEDULES FORMING PART OF THE ACCOUNTS
SCHEDULE-4		AS AT	AS AT	AS AT	AS AT
		MARCH 31, 2007	MARCH 31, 2007	MARCH 31, 2007	MARCH 31, 2007
INVESTMENTS		AT COST	APPRECIATION	DEPRECIATION	MARKET/FAIR VALUE
		( Rs.)	( Rs.)	( Rs.)	( Rs.)
(Also Refer to attached Statement of
Portfolio Holdings as at March 31, 2007)
Equity Shares		89,920,077	746,493	8,048,884	82,617,686
Debentures, Certificate of Deposit and Bonds Listed/
Awaiting Listing on the Recognised
Stock Exchange *		23,984,266	-	1,125,948	22,858,318
Government Securities, Treasury Bills and Commercial Paper		4,292,237	-	-	4,292,237
		-	-	-	-
Total		118,196,580	746,493	9,174,832	109,768,241
		-	-	-	-
* Classification based on management's certificate
on which auditors have relied