TEXAS CAPITAL VALUE FUNDS INC
497, 1998-03-31
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Texas Capital Value Funds, Inc.

Supplement to the Prospectus and Statement of Additional information 
dated January 31st, 1998.


The name of the series Growth & Income Portfolio has been changed to Bluechip 
Value.  The prospectus is hereby amended to incorporate the phrase "Bluechip 
Value" in every instance where "Growth & Income Portfolio" was used.



March 31, 1998





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