1. issuer: The Internet Fund, Inc.
address: 344 Van Buren Street
North Babylon, New York 11704
2. Only one series: The Internet Fund, Inc
3. Investment Co. Act file #811-07595
333-03147
4a Last day of fiscal year for which form is filed
12-31-96
4.b This is being filed late. No interest due.
5. calculation of registration fee;
(i) Sales of securities 0
(ii) Securities redeemed $0
(iii) 0
(iv) 0
(v) Net Sales $0
(vi) Redemption credits avail.
For future years $0
(vii) 0
(viii) $0
6. Prepaid shares:
If the response to 5(I) was determined by
Deducting an amount under securities that
were registered under the Securities Act
of 1933 Pursuant to rule 24e as in effect
10/11/97 shares deducted here $169500
Shares available unsold at end of fiscal
Year and are available for use by issuer
In future years state number here: $7330500.
7. Interest due $0
8. Registration fee due $0
Submitted by: Margaret B. Doyle, Pres.
The Internet Fund, Inc.
344 Van Buren Street
N. Babylon, New York 11704
516-893-4200