MARSICO INVESTMENT FUND
NSAR-A, 1999-05-27
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<PAGE>      PAGE  1
000 A000000 03/31/99
000 C000000 0001047112
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 MARSICO INVESTMENT FUND
001 B000000 811-8397
001 C000000 4142715885
002 A000000 1200 17TH STREET SUITE 1300
002 B000000 DENVER
002 C000000 CO
002 D010000 80202
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  2
007 C010100  1
007 C020100 FOCUS FUND
007 C030100 N
007 C010200  2
007 C020200 GROWTH & INCOME FUND
007 C030200 N
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 MARSICO CAPITAL MANAGEMENT LLC
008 B00AA01 A
008 C00AA01 801-54914
008 D01AA01 DENVER
008 D02AA01 CO
008 D03AA01 80202
010 A00AA01 SUNSTONE FINANCIAL GROUP INC
010 B00AA01 84-5792
010 C01AA01 MILWAUKEE
010 C02AA01 WI
010 C03AA01 53202
011 A00AA01 SUNSTONE DISTRIBUTION SERVICES LLC
011 B00AA01 8-42106
011 C01AA01 MILWAUKEE
011 C02AA01 WI
<PAGE>      PAGE  2
011 C03AA01 53202
012 A00AA01 SUNSTONE FINANCIAL GROUP INC
012 B00AA01 84-5792
012 C01AA01 MILWAUKEE
012 C02AA01 WI
012 C03AA01 53202
013 A00AA01 PRICEWATERHOUSECOOPERS LLP
013 B01AA01 DENVER
013 B02AA01 CO
013 B03AA01 80202
014 A00AA01 NATIONSBANC MONTGOMERY SECURITIES
014 B00AA01 8-0000
015 A00AA01 STATE STREET BANK & TRUST CO
015 B00AA01 C
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<PAGE>      PAGE  5
015 A00AA29 STATE STREET LONDON LTD
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<PAGE>      PAGE  6
022 A000004 SALOMON SMITH BARNEY, INC
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<PAGE>      PAGE  9
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<PAGE>      PAGE  11
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<PAGE>      PAGE  13
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SIGNATURE   JIM ZAWADA
TITLE       FINANCIAL ANALYST


WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0001047112
<NAME> THE MARSICO INVESTMENT FUND
<SERIES>
   <NUMBER> 1
   <NAME> FOCUS FUND

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1999
<PERIOD-START>                             OCT-01-1998
<PERIOD-END>                               MAR-31-1999
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<SENIOR-LONG-TERM-DEBT>                              0
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<SENIOR-EQUITY>                                      0
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<OTHER-INCOME>                                       0
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<EQUALIZATION>                                       0
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<NUMBER-OF-SHARES-SOLD>                     62,892,674
<NUMBER-OF-SHARES-REDEEMED>                 21,178,994
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                   1,034,534,782
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                 (39,630,198)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        5,337,753
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              8,129,055
<AVERAGE-NET-ASSETS>                     1,284,865,390
<PER-SHARE-NAV-BEGIN>                            12.36
<PER-SHARE-NII>                                  (.02)
<PER-SHARE-GAIN-APPREC>                           4.69
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              17.03
<EXPENSE-RATIO>                                   1.28
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0001047112
<NAME> THE MARSICO INVESTMENT FUND
<SERIES>
   <NUMBER> 2
   <NAME> GROWTH & INCOME FUND

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1999
<PERIOD-START>                             OCT-01-1998
<PERIOD-END>                               MAR-31-1999
<INVESTMENTS-AT-COST>                      469,473,106
<INVESTMENTS-AT-VALUE>                     564,990,492
<RECEIVABLES>                                3,199,120
<ASSETS-OTHER>                                 183,090
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             568,372,702
<PAYABLE-FOR-SECURITIES>                    19,568,636
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,420,652
<TOTAL-LIABILITIES>                         20,989,288
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   456,802,986
<SHARES-COMMON-STOCK>                       34,839,880
<SHARES-COMMON-PRIOR>                       22,832,879
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (4,936,958)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    95,517,386
<NET-ASSETS>                               547,383,414
<DIVIDEND-INCOME>                            1,229,054
<INTEREST-INCOME>                              846,027
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (2,853,757)
<NET-INVESTMENT-INCOME>                      (778,676)
<REALIZED-GAINS-CURRENT>                    10,920,319
<APPREC-INCREASE-CURRENT>                   98,715,324
<NET-CHANGE-FROM-OPS>                      108,856,967
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     97,469,724
<NUMBER-OF-SHARES-REDEEMED>                 28,030,528
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                     858,206,658
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                 (15,086,868)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,868,651
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              2,858,438
<AVERAGE-NET-ASSETS>                       385,932,364
<PER-SHARE-NAV-BEGIN>                            11.54
<PER-SHARE-NII>                                  (.02)
<PER-SHARE-GAIN-APPREC>                           4.19
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              15.71
<EXPENSE-RATIO>                                   1.50
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>

Exhibit to Accompany
Item 77C
Form N-SAR
The Marsico Investment Fund
(the "Fund")


RESULTS OF A SPECIAL MEETING OF SHAREHOLDERS

A special meeting of the shareholders of the Fund was held on
February 1, 1999.

The matters voted on by the shareholders of record as of
December 10, 1998 and the results of the vote at the shareholder
meeting held February 1, 1999 were as follows:

1.  Approval of the new investment advisory and management
    agreement between the Marsico Investment Fund and Marsico
    Capital Management, LLC.

	For		Against		Abstain
	60,326,855	1,307,733	812,899

2.  Election of Trustees


			For		Withheld
Thomas F. Marsico	61,169,291	1,278,198
J. Jeffrey Riggs 	61,287,677	1,159,812
Rono Dutta		61,314,505	1,132,984
Theodore S. Halaby	61,299,341	1,148,148
Walter A. Koelbel, Jr. 	61,338,766	1,108,723
Larry A. Mizel		61,320,346	1,127,143
Federico Pena		61,237,237	1,210,252
Michael D. Rierson	61,390,701	1,056,788





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