MARSICO INVESTMENT FUND
N-18F1, 1997-12-22
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                       SECURITIES AND EXCHANGE COMMISSION

                              Washington D.C. 20549

                                  FORM N-18F-1


                 NOTIFICATION OF ELECTION PURSUANT TO RULE 18f-1
                    UNDER THE INVESTMENT COMPANY ACT OF 1940





                           THE MARSICO INVESTMENT FUND


                           (Exact Name of Registrant)


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                            NOTIFICATION OF ELECTION


         The undersigned  registered  open-end  investment company, on behalf of
the  Marsico  Focus  Fund  and  the  Marsico  Growth  &  Income  Fund  (each,  a
"Portfolio"),  hereby notifies the Securities and Exchange  Commission that each
Portfolio  elects  to  commit  itself  to  pay  in  cash  all  redemptions  by a
shareholder of record as provided by Rule 18f-1 under the Investment Company Act
of 1940. It is understood  that this election is irrevocable  while such rule is
in effect unless the Commission by order upon application permits the withdrawal
of this Notification of Election.

                                    SIGNATURE

         Pursuant to the requirements of Rule 18f-1 under the Investment company
Act of 1940, the Registrant has caused this  Notification of Election to be duly
executed  on its behalf in the City of Denver and the State of  Colorado  on the
___ day of December, 1997


                                            THE MARSICO INVESTMENT FUND



                                            By:
                                            Name:    Christopher J. Marsico
                                            Title:   Vice President


Attest:



Barbara M. Japha
Secretary




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