ESCORTS MUTUAL FUND
ESCORTS OPPORTUNITIES FUND
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 Portfolio		( Rs.)	( Rs.)	( Rs.)	( Rs.)	( Rs.)	( Rs.)
Holdings as at  March 31, 2007 )
Equity Shares		570,786,785	37,888,764	38,299,026	570,376,523	582,949,608	786,735,334
Privately Placed Debentures/ Bonds Debentures and		43,143,095	-	2,052,904	41,090,191	304,463,096	295,493,185
Bonds Listed/Awaiting Listing on the Recognised
Stock Exchange*
Government Securities		94,114,483	-	60,783	94,053,700	3,251,099	3,258,502
		-	-	-	-	-	-
Total		708,044,363	37,888,764	40,412,713	705,520,414	890,663,803	1,085,487,021
		-	-	-	-	-	-
* Classification based on management's certificate
on which auditors have relied