KEMPER EQUITY TRUST
N-8A, 1998-01-07
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                                                                [execution copy]

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM N-8A

                          NOTIFICATION OF REGISTRATION
                      FILED PURSUANT TO SECTION 8(a) OF THE
                         INVESTMENT COMPANY ACT OF 1940

         The undersigned  investment  company hereby notifies the Securities and
Exchange  Commission  that it registers  under and pursuant to the provisions of
Section 8(a) of the Investment  Company Act of 1940 and in connection  with such
notification of registration submits the following information:

Name:             Kemper Equity Trust

Address of Principal Business Office (No. & Street, City, State, Zip Code):

                  222 South Riverside Plaza
                  Chicago, Illinois  60606

Telephone Number (including area code):  1-800-621-1048

Name and address of agent for service of process:

                  Kathryn L. Quirk
                  Secretary
                  345 Park Avenue
                  New York, New York  10154

Check Appropriate Box:

         Registrant is filing a Registration  Statement pursuant to Section 8(b)
of the Investment Company Act of 1940 concurrently with the filing of Form N-8A:

                   YES         X             NO
                             -------                   -----

         Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has caused this notification of registration to be duly signed on its
behalf in the State of New York on the 7th day of January, 1998.

                                    KEMPER EQUITY TRUST


                                    By:     /s/ Kathryn L. Quirk   
                                            --------------------   
                                            Kathryn L. Quirk
                                            Secretary




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