<PAGE> PAGE 1
000 A000000 06/30/96
000 C000000 0000275039
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 TRIFLEX FUND, INC.
001 B000000 811-2818
001 C000000 4097632767
002 A000000 ONE MOODY PLAZA
002 B000000 GALVESTON
002 C000000 TX
002 D010000 77550
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
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029 000000 Y
030 A000000 28
030 B000000 5.75
030 C000000 0.00
031 A000000 4
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033 000000 24
054 A000000 Y
054 B000000 Y
054 C000000 Y
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 Y
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 Y
054 M000000 Y
054 N000000 N
054 O000000 Y
055 A000000 N
055 B000000 N
056 000000 Y
057 000000 N
062 A000000 N
062 B000000 0.0
<PAGE> PAGE 2
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SIGNATURE BRENDA KOELEMAY
TITLE VP/TREASURER
[ARTICLE] 6
[CIK] 0000275039
[NAME] TRIFLEX FUND, INC.
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-START] JAN-01-1996
[PERIOD-END] JUN-30-1996
[INVESTMENTS-AT-COST] 19,265,319
[INVESTMENTS-AT-VALUE] 22,209,264
[RECEIVABLES] 127,600
[ASSETS-OTHER] 22,830
[OTHER-ITEMS-ASSETS] 1,004
[TOTAL-ASSETS] 22,360,698
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 47,168
[TOTAL-LIABILITIES] 47,168
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 17,198,202
[SHARES-COMMON-STOCK] 1,285,716
[SHARES-COMMON-PRIOR] 1,290,857
[ACCUMULATED-NII-CURRENT] 346,365
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 539,302
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 2,943,945
[NET-ASSETS] 22,313,530
[DIVIDEND-INCOME] 159,364
[INTEREST-INCOME] 278,850
[OTHER-INCOME] 0
[EXPENSES-NET] 137,380
[NET-INVESTMENT-INCOME] 300,834
[REALIZED-GAINS-CURRENT] 520,559
[APPREC-INCREASE-CURRENT] 107,434
[NET-CHANGE-FROM-OPS] 928,827
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 288,758
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 78,139
[NUMBER-OF-SHARES-REDEEMED] 99,283
[SHARES-REINVESTED] 16,003
[NET-CHANGE-IN-ASSETS] 556,838
[ACCUMULATED-NII-PRIOR] 334,289
[ACCUMULATED-GAINS-PRIOR] 18,743
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 82,428
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 155,961
[AVERAGE-NET-ASSETS] 22,106,498
[PER-SHARE-NAV-BEGIN] 16.85
[PER-SHARE-NII] .24
[PER-SHARE-GAIN-APPREC] .49
[PER-SHARE-DIVIDEND] .23
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 17.35
[EXPENSE-RATIO] 1.24
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
