PRASAD SERIES TRUST
N-8A, 1998-09-10
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                           FORM N-8A

               SECURITIES AND EXCHANGE COMMISSION
                      Washington, DC 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:                 PRASAD SERIES TRUST

Address of Principal Business Office (Number and Street, City, State, ZIP Code):
                                        
                        The Tower at Erieview, 36th Floor
                             1301 East Ninth Street
                              Cleveland, Ohio 44114

Telephone Number (including area code): (216) 687-1000

Name and address of agent for service of process:

                                 Rajendra Prasad
                               821 Hillside Drive
                              Long Beach, CA 90815
                                        
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:     X
Yes  _____ No
______________________________________________________________________________

                                   SIGNATURES

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  City of Long Beach and State of California on the  1st  day  of
September, 1998.

                                   PRASAD SERIES

                                   By:   /s/ Rajendra Prasad
                                      _________________________________
                                        Rajendra Prasad, Trustee



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