MASTER BASIC VALUE TRUST
N-8A, 2000-10-13
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                       SECURITIES AND EXCHANGE COMMISSION
                                Washington, D.C.

                                   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:  MASTER BASIC VALUE TRUST

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

             800 Scudders Mill Road
             Plainsboro, New Jersey  08536

Telephone Number (including area code):  (609) 282-2000

Name and Address of Agent for Service of Process:

             Terry K. Glenn
             800 Scudders Mill Road
             Plainsboro, New Jersey  08536

             Mailing Address:
             P.O. Box 9011
             Princeton, New Jersey  08543-9011

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 [ ]
<PAGE>

                                   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 Township of Plainsboro, and State of New Jersey on the
     13th day of October, 2000.

     Signature:

                    MASTER BASIC VALUE TRUST

                    By:/s/ Terry K. Glenn
                       -------------------------------------
                          Terry K. Glenn (President)

     Attest:



     By: /s/ Thomas D. Jones, III
         --------------------------------------------
             Thomas D. Jones, III (Secretary)

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