INSTITUTIONAL DOMESTIC EQUITY FUNDS INC
NSAR-A, 1998-08-17
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<PAGE>      PAGE  1
000 A000000 06/30/98
000 C000000 0001012968
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 INSTITUTIONAL EQUITY FUNDS, INC.
001 B000000 811-07639
001 C000000 4103452000
002 A000000 100 EAST PRATT STREET
002 B000000 BALTIMORE
002 C000000 MD
002 D010000 21202
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  1
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   86
019 C00AA00 TROWEPRICE
020 A000001 BEAR STEARNS
020 B000001 13-3299429
020 C000001     10
020 A000002 ESI SECURITIES
020 B000002 13-3989198
020 C000002      8
020 A000003 INSTINET (INCLUDING CROSSING NETWORK)
020 B000003 13-3443395
020 C000003      5
020 A000004 BRIDGE TRADING
020 B000004 43-1450530
020 C000004      5
020 A000005 MORGAN STANLEY
020 B000005 13-2655998
020 C000005      5
020 A000006 HOENIG & CO
020 B000006 13-2656060
020 C000006      4
020 A000007 ROBERT BAIRD
020 B000007 39-6037917
020 C000007      4
020 A000008 GOLDMAN SACHS
020 B000008 13-5108880
020 C000008      4
020 A000009 DONALDSON LUFKIN AND JENRETTE
<PAGE>      PAGE  2
020 B000009 13-2741729
020 C000009      4
020 A000010 LEGG MASON
020 B000010 52-0902557
020 C000010      3
021  000000       84
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050  00AA00 N
051  00AA00 N
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SIGNATURE   JAMES RIEPE                                  
TITLE       VICE PRESIDENT      
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0001012968
<NAME> TRP MID-CAP EQUITY GROWTH FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                           101085
<INVESTMENTS-AT-VALUE>                          116312
<RECEIVABLES>                                     1124
<ASSETS-OTHER>                                       3
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  117439
<PAYABLE-FOR-SECURITIES>                           650
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           97
<TOTAL-LIABILITIES>                                747
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         97079
<SHARES-COMMON-STOCK>                             7264
<SHARES-COMMON-PRIOR>                             4234
<ACCUMULATED-NII-CURRENT>                        (134)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           4520
<OVERDISTRIBUTION-GAINS>                             0
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<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     368
<NET-INVESTMENT-INCOME>                          (134)
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<EQUALIZATION>                                       0
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<NUMBER-OF-SHARES-SOLD>                           3090
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<PER-SHARE-NAV-BEGIN>                            13.69
<PER-SHARE-NII>                                  (.02)
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</TABLE>


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