THE DREYFUS FUND INCORPORATED
                        SUPPLEMENT TO PROSPECTUS
                          DATED APRIL 1, 1997
        THE FOLLOWING INFORMATION SUPERSEDES ANY CONTRARY INFORMATION
CONTAINED IN THE SECTION OF THE FUND'S PROSPECTUS ENTITLED "MANAGEMENT OF THE
FUND."
        The primary portfolio manager is Timothy M. Ghriskey. He has been
employed by The Dreyfus Corporation since July 1995. Prior to joining The
Dreyfus Corporation, Mr. Ghriskey was a Vice President and Associate Managing
Partner of Loomis Sayles & Co. since 1985.
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