ESCORTS   MUTUAL FUND
ESCORTS INCOME BOND
SCHEDULES FORMING PART OF THE ACCOUNTS
SCHEDULE-4		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
INVESTMENTS		AT COST	APPRECIATION	DEPRECIATION	MARKET/FAIR VALUE	AT COST	MARKET/FAIR VALUE
		( Rs.)	( Rs.)	( Rs.)	( Rs.)	( Rs.)	( Rs.)
(Also refer to attached Statement of
Portfolio Holding as at March 31, 2006
Equity Shares		6,775,144	64,166	863,648	5,975,662	5,319,255	8,021,075
Debentures and Bonds Listed/
Awaiting Listing on the Recognised
Stock Exchange *		13,524,156	47,027	302,195	13,268,988	14,652,088	14,450,695
Government Securities		5,307,627	-	-	5,307,627	1,912,145	1,905,293
		-	-	-	-	-	-
Total		25,606,927	111,193	1,165,843	24,552,276	21,883,488	24,377,063
		-	-	-	-	-	-
* Classification based on management's certificate
on which auditors have relied