WORLD FUNDS INC /MD/
NSAR-A, 1998-04-24
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<PAGE>      PAGE  1
000 A000000 02/28/98
000 C000000 0001040674
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 THE WORLD FUNDS, INC
001 B000000 811-8255
001 C000000 8042858211
002 A000000 1500 FOREST AVE, SUITE 223
002 B000000 RICHMOND
002 C000000 VA
002 D010000 23229
003  000000 Y
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  3
007 C010100  1
007 C010200  2
007 C020200 CSI EQUITY FUND
007 C030200 N
007 C010300  3
007 C020300 CSI FIXED INCOME FUND
007 C030300 N
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 CSI CAPITAL MANAGEMENT, INC.
008 B00AA01 A
008 C00AA01 801-14549
008 D01AA01 SAN FRANCISCO
008 D02AA01 CA
008 D03AA01 94104
010 A00AA01 COMMONWEALTH SHAREHOLDER SERVICES, INC.
010 C01AA01 RICHMOND
010 C02AA01 VA
010 C03AA01 23229
011 A00AA01 FIRST DOMINION CAPITAL CORP
011 B00AA01 8-33719
011 C01AA01 RICHMOND
011 C02AA01 VA
011 C03AA01 23226
<PAGE>      PAGE  2
012 A00AA01 FUND SERVICES, INC.
012 B00AA01 84-1553
012 C01AA01 RICHMOND
012 C02AA01 VA
012 C03AA01 23226
013 A00AA01 TAIT, WELLER AND BAKER
013 B01AA01 PHILADELPHIA
013 B02AA01 PA
013 B03AA01 19102
013 B04AA01 1707
014 A00AA01 FIRST DOMINION CAPITAL CORP.
014 B00AA01 8-33719
015 A00AA01 STAR BANK
015 B00AA01 C
015 C01AA01 CINCINNATI
015 C02AA01 OH
015 C03AA01 45201
015 E01AA01 X
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<PAGE>      PAGE  4
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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SIGNATURE   JOHN PASCO, III                              
TITLE       CHAIRMAN            
 


<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 2
   <NAME> CSI EQUITY FUND
       
<S>                             <C>
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<PERIOD-END>                               FEB-28-1998
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<OTHER-ITEMS-LIABILITIES>                        66258
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<AVG-DEBT-OUTSTANDING>                               0
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 3
   <NAME> CSI FIXED INCOME FUND
       
<S>                             <C>
<PERIOD-TYPE>                   5-MOS
<FISCAL-YEAR-END>                          AUG-31-1998
<PERIOD-END>                               FEB-28-1998
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<INVESTMENTS-AT-VALUE>                        20871473
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<ASSETS-OTHER>                                   48520
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                21132131
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        63839
<TOTAL-LIABILITIES>                              63839
<SENIOR-EQUITY>                                      0
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<SHARES-COMMON-STOCK>                          2118347
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                        64358
<OVERDISTRIBUTION-NII>                               0
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<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      (169949)
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</TABLE>


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