Khan Funds
714 FM 1960 W #201
Houston, TX 77090
Phn: (281) 444-7657 Fax : (281) 444-3417
March 22, 2000
To The Securities and Exchange Commission
Washington, D.C. 20549
Ref: Khan Growth Fund Form 24F-2
CIK # : 0001021730
File # : 811-07829
Enclosed is the form 24F-2 for fiscal year 1999. The
calculated fee of $258.09 is
being sent by a cashiers check to the following address:
SEC Account # 910-8739
Melon Bank
Box 360055M
Pittsburgh, PA 15251
If you have any questions or comments feel free to contact
us. Thank you for
your time.
Sincerely,
Sardar D. Khan
Chairman
APPENDIX I
United States
Securities and Exchange Commission
Washington, D.C. 20549
Form 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24F-2
1. Name and address of issuer:
Khan Funds
714 FM 1960 W. #201
Houston, TX 77090
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):
Khan Growth Fund
3. Investment Company Act File Number: 811-7829
Securities Act File Number: 33-12597
4.(a) Last day of fiscal year for which this Form is
filed:
December 31, 1999
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)
Note: If the form is being filed late, interest must be
paid on the registration
fee due.
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):
$ 1,187,594.53
(ii) Aggregate price of securities redeemed or repurchased
during the fiscal year:
$ 209,972.35
(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
$ 0
(iv) Total available redemption credits [add 5(ii) and
5(iii) $ 0
(v) Net sales - if item 5(I) is greater than item 5 (iv)
[Subtract Item 5(iv) from item 5(I) :
$ 977,622.18
(vi) Redemption credits available for use in future years
$ 0
- - 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 .000264
(viii) Registration fee due [Multiply item 5(v) by item
5(vii)] (enter "0" if no
fee is due):
= $ 258.09
6. Prepared 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 24E2 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):
+ $_________
8. Total of the amount of the registration fee due plus any
interest due [Line 5
(viii) plus line 7]:
= $ 258.09
9. Date the registration fee and any interest payment was
sent to the
Commission's lockbox depository:
Method of Delivery:
Wire Transfer
X 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/ S D Khan____
Sardar D. Khan , President
Date March 22, 2000
Please Print the name and title of the signing
officer below
the signature.