<PAGE> PAGE 1
000 B000000 09/30/96
000 C000000 105377
000 D000000 Y
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 AIM EQUITY FUNDS, INC.
001 B000000 811-1424
001 C000000 7136261919
002 A000000 11 GREENWAY PLAZA, SUITE 1919
002 B000000 HOUSTON
002 C000000 TX
002 D010000 77046
003 000000 Y
004 000000 N
005 000000 N
006 000000 N
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007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
007 C021000 AIM BLUE CHIP FUND
007 C031000 N
008 A00AA01 AIM ADVISORS, INC.
008 B00AA01 A
008 C00AA01 801-12313
008 D01AA01 HOUSTON
008 D02AA01 TX
008 D03AA01 77046
008 D04AA01 1173
011 A00AA01 AIM DISTRIBUTORS, INC.
011 B00AA01 8-21323
011 C01AA01 HOUSTON
011 C02AA01 TX
011 C03AA01 77046
011 C04AA01 1173
012 A00AA01 AIM FUND SERVICES, INC.
012 B00AA01 84-5437
012 C01AA01 HOUSTON
012 C02AA01 TX
<PAGE> PAGE 2
012 C03AA01 77046
012 C04AA01 1173
013 A00AA01 KPMG PEAT MARWICK LLP
013 B01AA01 HOUSTON
013 B02AA01 TX
013 B03AA01 77002
013 B04AA01 4545
015 A00AA01 STATE STREET BANK & TRUST
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02110
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 39
019 C00AA00 AIMFUNDSAA
020 A000001 GOLDMAN SACHS & CO.
020 B000001 13-5108880
020 C000001 26
020 A000002 PAINEWEBBER INC.
020 B000002 13-2638166
020 C000002 14
020 A000003 INSTINET CORP.
020 B000003 13-3443395
020 C000003 12
020 A000004 MORGAN STANLEY & CO. INC.
020 B000004 13-2655998
020 C000004 11
020 A000005 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
020 B000005 13-5674085
020 C000005 9
020 A000006 COMMONWEALTH ASSOCIATES
020 B000006 13-3467952
020 C000006 7
020 A000007 MONTGOMERY SECURITIES
020 B000007 94-1701676
020 C000007 4
020 A000008 TORREY PINES SECURITIES, INC.
020 B000008 95-3438467
020 C000008 3
020 A000009 DEAN WITTER REYNOLDS INC.
020 B000009 94-1674384
020 C000009 3
020 A000010 FRANKEL (STUART) & CO. INC.
020 B000010 13-2734702
020 C000010 3
021 000000 121
022 A000001 DAIWA SECURITIES AMERICA INC.
022 B000001 13-5680329
022 C000001 148216
<PAGE> PAGE 3
022 D000001 0
022 A000002 FIRSTAR TRUST CO.
022 B000002 39-6039160
022 C000002 22926
022 D000002 21142
022 A000003 SWISS AMERICAN SECURITIES INC.
022 B000003 13-2741554
022 C000003 38681
022 D000003 0
022 A000004 HSBC SECURITIES, INC.
022 B000004 13-2650272
022 C000004 34691
022 D000004 0
022 A000005 GOLDMAN SACHS & CO.
022 B000005 13-5108880
022 C000005 33742
022 D000005 221
022 A000006 UBS SECURITIES INC.
022 B000006 13-2932996
022 C000006 29403
022 D000006 0
022 A000007 NIKKO SECURITIES CO. INTERNATIONAL, INC.
022 B000007 94-1302123
022 C000007 27162
022 D000007 0
022 A000008 MORGAN STANLEY & CO. INC.
022 B000008 13-2655998
022 C000008 9336
022 D000008 0
022 A000009 DRESDNER SECURITIES (USA) INC.
022 B000009 04-2442748
022 C000009 7144
022 D000009 0
022 A000010 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
022 B000010 13-5674085
022 C000010 2629
022 D000010 1868
023 C000000 372535
023 D000000 25606
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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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
080 A00AA00 ICI MUTUAL INSURANCE CO.
080 C00AA00 30000
081 A00AA00 Y
081 B00AA00 80
082 A00AA00 Y
082 B00AA00 100
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
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086 F010000 0
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SIGNATURE JOHN J. ARTHUR
TITLE SR. VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information for the AIM Blue Chip
Fund for the September 30, 1996 annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 010
<NAME> AIM BLUE CHIP FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> SEP-30-1996
<PERIOD-END> SEP-30-1996
<INVESTMENTS-AT-COST> 78291809
<INVESTMENTS-AT-VALUE> 105291318
<RECEIVABLES> 1288996
<ASSETS-OTHER> 48766
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 106629080
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 214370
<TOTAL-LIABILITIES> 214370
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 67564788
<SHARES-COMMON-STOCK> 4163564
<SHARES-COMMON-PRIOR> 2993421
<ACCUMULATED-NII-CURRENT> 201937
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 11670526
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<NET-ASSETS> 106414710
<DIVIDEND-INCOME> 1208166
<INTEREST-INCOME> 166454
<OTHER-INCOME> 0
<EXPENSES-NET> (960634)
<NET-INVESTMENT-INCOME> 413986
<REALIZED-GAINS-CURRENT> 17138864
<APPREC-INCREASE-CURRENT> (1172983)
<NET-CHANGE-FROM-OPS> 16379867
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (616045)
<DISTRIBUTIONS-OF-GAINS> (8878928)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1504902
<NUMBER-OF-SHARES-REDEEMED> (513296)
<SHARES-REINVESTED> 178537
<NET-CHANGE-IN-ASSETS> 35090630
<ACCUMULATED-NII-PRIOR> 403996
<ACCUMULATED-GAINS-PRIOR> 3410590
<OVERDISTRIB-NII-PRIOR> 0
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<GROSS-ADVISORY-FEES> 578569
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 980043
<AVERAGE-NET-ASSETS> 77923118
<PER-SHARE-NAV-BEGIN> 23.83
<PER-SHARE-NII> 0.33
<PER-SHARE-GAIN-APPREC> 4.61
<PER-SHARE-DIVIDEND> (0.21)
<PER-SHARE-DISTRIBUTIONS> (3.00)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 25.56
<EXPENSE-RATIO> 1.26
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
