KEMPER AGGRESSIVE GROWTH FUND
497, 1999-06-14
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                       KEMPER EQUITY FUNDS/ GROWTH STYLE
                          KEMPER AGGRESSIVE GROWTH FUND

                            SUPPLEMENT TO PROSPECTUS
                             DATED FEBRUARY 1, 1999

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

The following  information  replaces the  disclosure  for the Kemper  Aggressive
Growth Fund in the "Portfolio Management" section of the Prospectus:

The fund is  managed by a team of  investment  professionals,  who  individually
represent  different areas of expertise.  The fund has a Lead Portfolio Manager,
who is  ultimately  responsible  for the  management  of the fund and its  team.
Supporting  the fund  managers are Scudder  Kemper's many  economists,  research
analysts,  traders, and other investment specialists,  located in offices across
the United States and around the world.

Sewall F. Hodges is the Lead Portfolio  Manager for the Kemper Aggressive Growth
Fund. Mr. Hodges joined the team for the fund in 1999, and joined Scudder Kemper
in 1995. He began his investment career in 1978. Prior to joining Scudder Kemper
he was a global equity portfolio manager and research analyst at an unaffiliated
investment management company.

Kurt R. Stalzer is a Portfolio  Manager for the Kemper  Aggressive  Growth Fund.
Mr.  Stalzer  joined the team for the fund in 1997, and joined Scudder Kemper in
1997. He began his investment career in 1982. Prior to joining Scudder Kemper he
was a  senior  portfolio  manager  for  an  unaffiliated  investment  management
company.





June 17, 1999


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