JANUS INVESTMENT FUND
497, 1995-10-10
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                                JANUS TWENTY FUND
                        SUPPLEMENT DATED OCTOBER 9, 1995
                     TO STATEMENT OF ADDITIONAL INFORMATION
                             DATED FEBRUARY 15, 1995


     Effective November 1, 1995, Janus Twenty Fund (the "Fund") will open to new
investors.  The Fund  reserves  the right to close the Fund to new  investors if
additional cash flow is deemed detrimental to managing the Fund.





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