JANUS INVESTMENT FUND
497, 1999-09-30
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                              Janus Worldwide Fund

               Supplement dated September 30, 1999 to Prospectus
                            dated February 17, 1999

THIS INFORMATION SUPPLEMENTS THE FUND'S PROSPECTUS DATED FEBRUARY 17, 1999. THIS
SUPPLEMENT, TOGETHER WITH THE PROSPECTUS, CONSTITUTE A CURRENT PROSPECTUS. TO
REQUEST ANOTHER COPY OF THE PROSPECTUS, PLEASE CALL 1-800-525-3713.

Effective September 30, 1999, Laurence J. Chang will be co-manager of Janus
Worldwide Fund (the "Fund"). Prior to serving as co-manager of the Fund, he
served as assistant portfolio manager of the Fund since December 1996. Mr. Chang
has co-managed Janus Overseas Fund since April 1998. Mr. Chang joined Janus
Capital in 1993 as a research analyst. He received an undergraduate degree with
honors in Religion and Philosophy from Dartmouth College and a Master's Degree
in Political Science from Stanford University. Mr. Chang received the Chartered
Financial Analyst designation.

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