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October 30, 1996
VIA ELECTRONIC FILING
Securities and Exchange Commission
450 Fifth Street, N.W.
Judiciary Plaza
Washington, D.C. 20549
Attention: Division of Investment Management
Re: Merrill Lynch Basic Value Fund, Inc.
Post-Effective Amendment No. 25 to the
Registration Statement on Form N-1A
(Securities Act File No. 2-58521;
Investment Company Act No. 811-2739)
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Ladies and Gentlemen:
Pursuant to Rule 497(j) under the Securities Act of 1933, as amended
(the "1933 Act"), Merrill Lynch Basic Value Fund, Inc. (the "Fund") hereby
certifies that:
(1) the form of Prospectus and Statement of Additional Information
that would have been filed pursuant to Rule 497(c) under the
1933 Act would not have differed from that contained in Post-
Effective Amendment No. 25 to the Fund's Registration Statement
on Form N-1A; and
(2) the text of Post-Effective Amendment No. 25 to the Fund's
Registration Statement on Form N-1A was filed electronically
with the Securities and Exchange Commission on October 28, 1996.
Very truly yours,
MERRILL LYNCH BASIC VALUE FUND, INC.
By: /s/ James W. Harshaw, III
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James W. Harshaw, III
Assistant Secretary
