AMERICAN CENTURY MUTUAL FUNDS INC
24F-2NT, 2001-01-19
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                          American Century Investments
                                4500 Main Street
                           Kansas City, Missouri 64111

                                                                January 19, 2001
Securities and Exchange Commission
450 Fifth Street N.W.
Washington, DC 20549

Re:  Rule 24f-2 Notice for
     American Century Mutual Funds, Inc.
       1940 Act File No. 811-0816
       1933 Act File No. 2-14213

Ladies and Gentlemen:

         Pursuant to Section 24(f) of the Investment Company Act of 1940 and
Rule 24f-2 promulgated thereunder, the accompanying documents are filed via
electronic transmission on behalf of the above-referenced issuer.

         Payment of the fee has been sent via wire transfer to the Commission's
lockbox depository at Mellon bank.

         Please direct any concerns regarding this filing to the undersigned at
(816) 340-3335.

                                   Sincerely,

                                   /s/Otis H. Cowan
                                   Otis H. Cowan
                                   Corporate Counsel
<PAGE>
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 24F-2
                        Annual Notice of Securities Sold
                             Pursuant to Rule 24f-2

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1.   Name and address of issuer:

     American Century Mutual Funds, Inc.
     4500 Main Street
     Kansas City, Missouri 64111

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2.   The name of each series or class of securities for which this Form is filed
     (If the Form is being filed for all series and classes of securities of the
     issuer, check the box but do not list series or classes): __X__


--------------------------------------------------------------------------------
3.   Investment Company Act File Number:     811-0816

     Securities Act File Number:             2-14213

--------------------------------------------------------------------------------
4(a).Last day of fiscal year for which this Form is filed:

     October 31, 2000

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4(b)._____  Check  box if this  Form is being  filed  late  (i.e.,  more than 90
     calendar days after the end of the issuer's fiscal year).  (See Instruction
     A.2)

--------------------------------------------------------------------------------
4(c)._____  Check box if this is the last time the  issuer  will be filing  this
     Form.

--------------------------------------------------------------------------------
5.   Calculation of registration fee:

     (i)   Aggregate   sale   price   of
     securities  sold  during the fiscal
     year pursuant to section 24(f):                            $33,081,366,700
                                                                ---------------
     (ii) Aggregate  price of securities
     redeemed or repurchased  during the
     fiscal year:                                     $28,414,230,608
                                                      ---------------
     (iii) Aggregate price of securities
     redeemed or repurchased  during any
     prior fiscal year ending no earlier
     than October 11, 1995 that were not
     previously     used    to    reduce
     registration  fees  payable  to the
     Commission:                                      $     N/A
                                                      ---------------
     (iv)  Total  available   redemption
     credits   [add   Items   5(ii)  and
     5(iii):                                                   -$28,414,230,608
                                                                ---------------
     (v) Net  sales  -- if Item  5(i) is
     greater  than Item 5(iv)  [subtract
     Item 5(iv) from Item 5(i)]:                                $ 4,667,136,092
                                                                ---------------
     ------------------------------------------------------------
     (vi) Redemption  credits  available
     for use in future years                          $    (N/A)
     -- if Item  5(i) is less  than Item              ---------------
     5(iv)  [subtract  Item  5(iv)  from
     Item 5(i)]:
     ------------------------------------------------------------

     (vii)  Multiplier  for  determining
     registration  fee (See  Instruction
     C.9):                                                     x         .00025
                                                                ---------------
     (viii)    Registration    fee   due
     [multiply Item 5(v) by Item 5(vii)]
     (enter "0" if no fee is due):                             =$  1,166,784.02
                                                                ---------------
--------------------------------------------------------------------------------
6.   Prepaid Shares

     If the  response  to Item 5(i) was  determined  by  deducting  an amount of
     securities that were  registered  under the Securities Act of 1933 pursuant
     to rule 24e-2 as in effect before October 11, 1997,  then report the amount
     of securities  (number of shares or other units) deducted here:  __________

     If there is a number of shares or other units that were registered pursuant
     to rule 24e-2 remaining unsold at the end of the fiscal year for which this
     form is filed that are  available  for use by the  issuer in future  fiscal
     years, then state that number here:__________

--------------------------------------------------------------------------------
7.   Interest due -- if this Form is being filed more than 90 days after the end
     of the issuer's fiscal year (see Instruction D):

                                                               +$   N/A

--------------------------------------------------------------------------------
8.   Total of the amount of the registration fee due plus any interest due [line
     5(viii) plus line 7]:

                                                               =$  1,166,784.02
                                                                ===============
--------------------------------------------------------------------------------
9.   Date  the  registration  fee  and  any  interest  payment  was  sent to the
     Commission's lockbox depository:

     January 18, 2001

     Method of Delivery:

         __X__ Wire Transfer
         _____ Mail or other means

--------------------------------------------------------------------------------

                                   SIGNATURES

This  report has been  signed  below by the  following  persons on behalf of the
issuer and in the capacities and on the dates indicated.

By (Signature and Title)*          /s/Otis H. Cowan
                                   Otis H. Cowan
                                   Corporate Counsel


Date:  January 19, 2001

  *Please print the name and title of the signing officer below the signature.

SEC 2393 (9-97)


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