KEYSTONE SMALL CAP STOCK FUND
N-8A, 1995-12-19
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM N-8A

                          NOTIFICATION OF REGISTRATION
                      FILED PURSUANT TO SECTION 8(a) OF THE
                         INVESTMENT COMPANY ACT OF 1940



         The undersigned investment company hereby notifies the Securities and
Exchange Commission that it registers under and pursuant to the provisions of
Section 8(a) of the Investment Company Act of 1940 and in connection with such
notification of registration submits the following information:



Name:  Keystone Small Cap Stock Fund


Address of Principal Business Office (No. & Street, City, State,
Zip Code):

200 Berkeley Street, Boston, Massachusetts 02116-5034



Telephone Number (including area code):  (617) 338-3200


Name and address of agent for service of process:

Rosemary D. Van Antwerp, Esquire

200 Berkeley Street, Boston, Massachusetts 02116-5034



Check Appropriate Box:

         Registrant is filing a Registration Statement pursuant to Section 8(b)
         of the Investment Company Act of 1940 concurrently with the filing of
         Form N-8A:

                  YES     X                          NO





<PAGE>

                                   SIGNATURES



         Pursuant to the requirements of the Investment Company Act of 1940, the
Registrant has caused this notification of registration to be duly signed on its
behalf in the City of Boston and Commonwealth of Massachusetts on the 19th day
of December, 1995.




                                                  KEYSTONE SMALL CAP STOCK FUND



                                                  By: /s/ Albert H. Elfner, III
                                                      --------------------------
                                                          Albert H. Elfner, III
                                                          President







Attest: /s/ Melina M.T. Murphy
        -----------------------------
            Melina M.T. Murphy
            Assistant Secretary














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