<PAGE> PAGE 1
000 A000000 06/30/97
000 C000000 030146
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 THE DREYFUS FUND INCORPORATED
001 B000000 811-0523
001 C000000 2129226788
002 A000000 200 PARK AVENUE
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10166
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
018 000000 Y
019 A000000 Y
019 B000000 148
019 C000000 DREYFUSFAM
020 A000001 MORGAN STANLEY & CO. INCORPORATED
020 B000001 13-2655998
020 C000001 494
020 A000002 OPPENHEIMER & CO., INC.
020 B000002 13-2798343
020 C000002 423
020 A000003 CANTOR FITZGERALD SECURITIES
020 B000003 13-3680187
020 C000003 407
020 A000004 SALOMON BROTHERS, INC.
020 B000004 13-3082694
020 C000004 392
020 A000005 SMITH BARNEY INC.
020 B000005 13-1912900
020 C000005 388
020 A000006 MONTGOMERY SECURITIES
020 B000006 94-1701676
020 C000006 360
020 A000007 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
020 B000007 13-5674085
020 C000007 356
020 A000008 AUTRANET, INC.
020 B000008 13-2961507
020 C000008 336
020 A000009 GERARD KLAUER MATTISON & CO., INC.
<PAGE> PAGE 2
020 B000009 13-3274080
020 C000009 279
020 A000010 CS FIRST BOSTON CORPORATION
020 B000010 13-5659485
020 C000010 251
021 000000 9687
022 A000001 HSBC SECURITIES, INC.
022 B000001 13-2650272
022 C000001 9669802
022 D000001 0
022 A000002 MORGAN STANLEY & CO. INCORPORATED
022 B000002 13-2655998
022 C000002 64450
022 D000002 97690
022 A000003 GOLDMAN, SACHS & CO.
022 B000003 13-5108880
022 C000003 47381
022 D000003 96291
022 A000004 CS FIRST BOSTON CORPORATION
022 B000004 13-5659485
022 C000004 78504
022 D000004 59067
022 A000005 SALOMON BROTHERS INC.
022 B000005 13-3082694
022 C000005 39694
022 D000005 81781
022 A000006 THE CHICAGO CORPORATION
022 B000006 36-2549961
022 C000006 75027
022 D000006 20643
022 A000007 SOUNDVIEW FINANCIAL GROUP, INC.
022 B000007 13-2998183
022 C000007 48572
022 D000007 28228
022 A000008 SANWA SECURITIES USA CO., L.P.
022 B000008 13-3046258
022 C000008 67523
022 D000008 0
022 A000009 GERARD KLAUER MATTISON & CO, INC.
022 B000009 13-3274080
022 C000009 38521
022 D000009 19007
022 A000010 PRUDENTIAL SECURITIES INCORPORATED
022 B000010 22-2347336
022 C000010 20894
022 D000010 36018
023 C000000 10318943
023 D000000 751931
024 000000 N
028 A010000 487831
028 A020000 0
<PAGE> PAGE 3
028 A030000 0
028 A040000 354018
028 B010000 262866
028 B020000 0
028 B030000 0
028 B040000 388647
028 C010000 267506
028 C020000 3021
028 C030000 0
028 C040000 303553
028 D010000 183639
028 D020000 0
028 D030000 0
028 D040000 195297
028 E010000 264999
028 E020000 0
028 E030000 0
028 E040000 276869
028 F010000 200692
028 F020000 43023
028 F030000 0
028 F040000 308177
028 G010000 1667533
028 G020000 46044
028 G030000 0
028 G040000 1826561
028 H000000 0
055 A000000 Y
055 B000000 N
057 000000 N
062 A000000 N
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
071 A000000 4029062
071 B000000 4235062
071 C000000 2665214
<PAGE> PAGE 4
071 D000000 151
072 A000000 6
072 B000000 2938
072 C000000 17902
072 D000000 0
072 E000000 0
072 F000000 8701
072 G000000 0
072 H000000 0
072 I000000 905
072 J000000 133
072 K000000 0
072 L000000 14
072 M000000 41
072 N000000 31
072 O000000 1
072 P000000 24
072 Q000000 0
072 R000000 36
072 S000000 9
072 T000000 0
072 U000000 0
072 V000000 0
072 W000000 3
072 X000000 9898
072 Y000000 0
072 Z000000 10942
072AA000000 527983
072BB000000 174744
072CC010000 0
072CC020000 113707
072DD010000 8451
072DD020000 0
072EE000000 46149
073 A010000 0.0350
073 A020000 0.0000
073 B000000 0.1950
073 C000000 0.0000
074 A000000 0
074 B000000 0
074 C000000 52600
074 D000000 0
074 E000000 0
074 F000000 2709445
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 52714
074 K000000 0
074 L000000 7260
074 M000000 1228
<PAGE> PAGE 5
074 N000000 2823247
074 O000000 25496
074 P000000 1639
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 14454
074 S000000 0
074 T000000 2781658
074 U010000 239931
074 U020000 0
074 V010000 11.59
074 V020000 0.00
074 W000000 0.0000
074 X000000 100667
074 Y000000 0
075 A000000 0
075 B000000 2774806
076 000000 0.00
077 A000000 N
078 000000 N
SIGNATURE ELIZABETH A. KEELEY
TITLE VICE PRES./ASST. SEC
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000030146
<NAME> THE DREYFUS FUND INCORPORATED
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 2553823
<INVESTMENTS-AT-VALUE> 2762045
<RECEIVABLES> 59974
<ASSETS-OTHER> 1228
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2823247
<PAYABLE-FOR-SECURITIES> 25496
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 16093
<TOTAL-LIABILITIES> 41589
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2224597
<SHARES-COMMON-STOCK> 239931
<SHARES-COMMON-PRIOR> 249382
<ACCUMULATED-NII-CURRENT> 2491
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 345286
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 209284
<NET-ASSETS> 2781658
<DIVIDEND-INCOME> 17902
<INTEREST-INCOME> 2938
<OTHER-INCOME> 0
<EXPENSES-NET> 9898
<NET-INVESTMENT-INCOME> 10942
<REALIZED-GAINS-CURRENT> 353239
<APPREC-INCREASE-CURRENT> (113707)
<NET-CHANGE-FROM-OPS> 250474
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (8451)
<DISTRIBUTIONS-OF-GAINS> (46149)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 149325
<NUMBER-OF-SHARES-REDEEMED> (162773)
<SHARES-REINVESTED> 3997
<NET-CHANGE-IN-ASSETS> 82891
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 38195
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 8701
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 9898
<AVERAGE-NET-ASSETS> 2774806
<PER-SHARE-NAV-BEGIN> 10.82
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> .96
<PER-SHARE-DIVIDEND> (.04)
<PER-SHARE-DISTRIBUTIONS> (.20)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.59
<EXPENSE-RATIO> .004
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
