FREEDOM MUTUAL FUND
NSAR-A, 1995-08-22
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<PAGE>      PAGE  1
000 A000000 06/30/95
000 C000000 0000350300
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 FREEDOM MUTUAL FUND
001 B000000 811-3126
001 C000000 6177252300
002 A000000 ONE BEACON STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02108
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  2
007 C010100  1
007 C020100 FREEDOM CASH MANAGEMENT FUND
007 C030100 N
007 C010200  2
007 C020200 FREEDOM GOVERNMENT SECURITIES FUND
007 C030200 N
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 FREEDOM CAPITAL MANAGEMENT CO.
008 B00AA01 A
008 C00AA01 801-42
008 D01AA01 BOSTON
008 D02AA01 MA
008 D03AA01 02108
011 A00AA01 TUCKER ANTHONY INC.
011 B00AA01 8-196
011 C01AA01 BOSTON
011 C02AA01 MA
011 C03AA01 02108
011 A00AA02 FREEDOM DISTRIBUTORS CORP.
011 B00AA02 8-37458
011 C01AA02 BOSTON
011 C02AA02 MA
<PAGE>      PAGE  2
011 C03AA02 02108
012 A00AA01 JOHN HANCOCK FUND SERVICES, INC.
012 B00AA01 84-1885
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02199
013 A00AA01 PRICE WATERHOUSE
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02110
014 A00AA01 TUCKER ANTHONY INC.
014 B00AA01 8-196
014 A00AA02 FREEDOM DISTRIBUTORS CORP.
014 B00AA02 8-37458
014 A00AA03 SUTRO & CO.
014 B00AA03 8-15491
015 A00AA01 STATE STREET BANK & TRUST COMPANY
015 B00AA01 C
015 C01AA01 NORTH QUINCY
015 C02AA01 MA
015 C03AA01 02171
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00    4
019 C00AA00 FREEDOMFAM
020 C000001      0
020 C000002      0
020 C000003      0
020 C000004      0
020 C000005      0
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000        0
022 A000001 BANKERS TRUST CO.
022 B000001 13-4941247
022 C000001  11569164
022 D000001         0
022 A000002 J.P. MORGAN
022 B000002 13-3224016
022 C000002    908238
022 D000002    126051
022 A000003 GOLDMAN SACHS
022 B000003 13-5108880
022 C000003    958771
022 D000003         0
022 A000004 CANADIAN IMPERIAL BANK
022 B000004 13-1942440
<PAGE>      PAGE  3
022 C000004    268086
022 D000004         0
022 A000005 BEAR STEARNS & CO.
022 B000005 13-4946705
022 C000005    199542
022 D000005         0
022 A000006 AUBREY G. LANSTON
022 B000006 13-5552129
022 C000006    177905
022 D000006     21519
022 A000007 STATE STREET BANK
022 B000007 04-1867445
022 C000007    149540
022 D000007         0
022 A000008 MERRILL LYNCH PIERCE FENNER
022 B000008 13-5674085
022 C000008    132766
022 D000008         0
022 A000009 NATIONSBANC
022 B000009 56-1684171
022 C000009    128278
022 D000009         0
022 A000010 SPEAR,LEADS & KELLOGG
022 B000010 13-5515160
022 C000010     94807
022 D000010         0
023 C000000   15632377
023 D000000     200533
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 N
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
029  00AA00 N
030 A00AA00      0
030 B00AA00  0.00
030 C00AA00  0.00
031 A00AA00      0
031 B00AA00      0
032  00AA00      0
033  00AA00      0
034  00AA00 N
035  00AA00      0
036 B00AA00      0
037  00AA00 N
038  00AA00      0
<PAGE>      PAGE  4
039  00AA00 N
040  00AA00 N
042 A00AA00   0
042 B00AA00   0
042 C00AA00   0
042 D00AA00   0
042 E00AA00   0
042 F00AA00   0
042 G00AA00   0
042 H00AA00   0
043  00AA00      0
044  00AA00      0
045  00AA00 Y
046  00AA00 N
047  00AA00 Y
048  00AA00  0.000
048 A01AA00   500000
048 A02AA00 0.500
048 B01AA00        0
048 B02AA00 0.000
048 C01AA00        0
048 C02AA00 0.000
048 D01AA00        0
048 D02AA00 0.000
048 E01AA00        0
048 E02AA00 0.000
048 F01AA00        0
048 F02AA00 0.000
048 G01AA00        0
048 G02AA00 0.000
048 H01AA00        0
048 H02AA00 0.000
048 I01AA00        0
048 I02AA00 0.000
048 J01AA00        0
048 J02AA00 0.000
048 K01AA00   500000
048 K02AA00 0.450
049  00AA00 N
050  00AA00 N
051  00AA00 N
052  00AA00 N
053 A00AA00 N
054 A00AA00 Y
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 Y
<PAGE>      PAGE  5
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
058 A00AA00 N
059  00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061  00AA00     1000
077 A000000 Y
077 B000000 N
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078  000000 N
080 A00AA00 ICI MUTUAL INSURANCE CO.
080 C00AA00     5200
081 A00AA00 Y
081 B00AA00   8
082 A00AA00 Y
082 B00AA00      100
083 A00AA00 N
083 B00AA00        0
084 A00AA00 N
084 B00AA00        0
085 A00AA00 Y
085 B00AA00 N
086 A010000      0
086 A020000      0
086 B010000      0
086 B020000      0
086 C010000      0
086 C020000      0
086 D010000      0
<PAGE>      PAGE  6
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
024  000100 Y
025 A000101 BEAR STEARNS
025 B000101 13-4946705
025 C000101 D
025 D000101    9932
025 A000102 GOLDMAN SACHS
025 B000102 13-5108880
025 C000102 D
025 D000102   29707
025 A000103 J.P. MORGAN
025 B000103 13-3224016
025 C000103 D
025 D000103   39345
025 A000104 BANKERS TRUST CO.
025 B000104 13-4941247
025 C000104 D
025 D000104   94457
025 A000105 PRUDENTIAL FUNDING
025 B000105 22-2347336
025 C000105 D
025 D000105   19929
025 A000106 DELETE
025 D000106       0
025 A000107 DELETE
025 D000107       0
025 A000108 DELETE
025 D000108       0
028 A010100    324639
028 A020100      2534
028 A030100         0
028 A040100    307870
028 B010100    335935
028 B020100      4773
028 B030100         0
028 B040100    333370
028 C010100    347398
028 C020100      4474
028 C030100         0
028 C040100    335251
028 D010100    328364
028 D020100      5068
028 D030100         0
028 D040100    311728
028 E010100    405156
028 E020100      5000
028 E030100         0
<PAGE>      PAGE  7
028 E040100    356974
028 F010100    439820
028 F020100      5298
028 F030100         0
028 F040100    394565
028 G010100   2181312
028 G020100     27147
028 G030100         0
028 G040100   2039758
028 H000100         0
055 A000100 N
055 B000100 N
056  000100 Y
057  000100 N
062 A000100 Y
062 B000100   0.0
062 C000100   0.0
062 D000100   7.5
062 E000100   0.0
062 F000100   7.0
062 G000100   5.2
062 H000100   0.4
062 I000100  74.8
062 J000100   0.0
062 K000100   0.0
062 L000100   5.1
062 M000100   0.0
062 N000100   0.0
062 O000100   0.0
062 P000100   0.0
062 Q000100   0.0
062 R000100   0.0
063 A000100  48
063 B000100  0.0
064 A000100 Y
064 B000100 N
066 A000100 N
067  000100 N
068 A000100 N
068 B000100 N
069  000100 N
070 A010100 Y
070 A020100 Y
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
<PAGE>      PAGE  8
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 Y
070 K010100 Y
070 K020100 N
070 L010100 Y
070 L020100 Y
070 M010100 N
070 M020100 N
070 N010100 N
070 N020100 N
070 O010100 Y
070 O020100 Y
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100         0
071 B000100         0
071 C000100         0
071 D000100    0
072 A000100  6
072 B000100    34798
072 C000100        0
072 D000100        0
072 E000100        0
072 F000100     2680
072 G000100        0
072 H000100        0
072 I000100     1172
072 J000100      111
072 K000100        0
072 L000100       83
072 M000100       25
072 N000100       25
072 O000100        0
072 P000100        0
072 Q000100        0
072 R000100       16
072 S000100       29
072 T000100        0
072 U000100        0
<PAGE>      PAGE  9
072 V000100        0
072 W000100       62
072 X000100     4203
072 Y000100        0
072 Z000100    30595
072AA000100        0
072BB000100        0
072CC010100        0
072CC020100        0
072DD010100    30595
072DD020100        0
072EE000100        0
073 A010100   0.0267
073 A020100   0.0000
073 B000100   0.0000
073 C000100   0.0000
074 A000100      769
074 B000100    94457
074 C000100  1144900
074 D000100        0
074 E000100        0
074 F000100        0
074 G000100        0
074 H000100        0
074 I000100        0
074 J000100        0
074 K000100        0
074 L000100    16415
074 M000100       89
074 N000100  1256630
074 O000100        0
074 P000100      774
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100     3494
074 S000100        0
074 T000100  1252362
074 U010100  1252510
074 U020100        0
074 V010100     1.00
074 V020100     0.00
074 W000100   1.0001
074 X000100   130388
074 Y000100        0
075 A000100  1145247
075 B000100        0
076  000100     0.00
024  000200 N
025 D000201       0
<PAGE>      PAGE  10
025 D000202       0
025 D000203       0
025 D000204       0
025 D000205       0
025 D000206       0
025 D000207       0
025 D000208       0
028 A010200     98616
028 A020200       529
028 A030200         0
028 A040200    120251
028 B010200     79492
028 B020200       975
028 B030200         0
028 B040200     84419
028 C010200    123310
028 C020200       920
028 C030200         0
028 C040200    109525
028 D010200     74930
028 D020200      1062
028 D030200         0
028 D040200     79376
028 E010200    121733
028 E020200      1060
028 E030200         0
028 E040200     78693
028 F010200    135042
028 F020200      1212
028 F030200         0
028 F040200    136861
028 G010200    633123
028 G020200      5758
028 G030200         0
028 G040200    609125
028 H000200         0
055 A000200 Y
055 B000200 N
056  000200 Y
057  000200 N
062 A000200 Y
062 B000200  99.2
062 C000200   0.0
062 D000200   0.0
062 E000200   0.0
062 F000200   0.0
062 G000200   0.0
062 H000200   0.0
062 I000200   0.0
062 J000200   0.0
062 K000200   0.0
<PAGE>      PAGE  11
062 L000200   0.8
062 M000200   0.0
062 N000200   0.0
062 O000200   0.0
062 P000200   0.0
062 Q000200   0.0
062 R000200   0.0
063 A000200  54
063 B000200  0.0
064 A000200 N
064 B000200 N
066 A000200 N
067  000200 N
068 A000200 N
068 B000200 N
069  000200 N
070 A010200 Y
070 A020200 N
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 N
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 N
070 N020200 N
070 O010200 Y
070 O020200 Y
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
<PAGE>      PAGE  12
070 R020200 N
071 A000200         0
071 B000200         0
071 C000200         0
071 D000200    0
072 A000200  6
072 B000200     7459
072 C000200        0
072 D000200        0
072 E000200        0
072 F000200      647
072 G000200        0
072 H000200        0
072 I000200      115
072 J000200       20
072 K000200        0
072 L000200       15
072 M000200        7
072 N000200       18
072 O000200        0
072 P000200        0
072 Q000200        0
072 R000200       11
072 S000200        6
072 T000200        0
072 U000200        0
072 V000200        0
072 W000200       16
072 X000200      855
072 Y000200        0
072 Z000200     6604
072AA000200       12
072BB000200        0
072CC010200        0
072CC020200        0
072DD010200     6604
072DD020200        0
072EE000200        0
073 A010200   0.0253
073 A020200   0.0000
073 B000200   0.0000
073 C000200   0.0000
074 A000200      108
074 B000200        0
074 C000200   295885
074 D000200        0
074 E000200        0
074 F000200        0
074 G000200        0
074 H000200        0
074 I000200        0
<PAGE>      PAGE  13
074 J000200        0
074 K000200        0
074 L000200     3011
074 M000200       32
074 N000200   299036
074 O000200        0
074 P000200      146
074 Q000200        0
074 R010200        0
074 R020200        0
074 R030200        0
074 R040200      690
074 S000200        0
074 T000200   298200
074 U010200   298191
074 U020200        0
074 V010200     1.00
074 V020200     0.00
074 W000200   1.0002
074 X000200    11992
074 Y000200        0
075 A000200   260989
075 B000200        0
076  000200     0.00
SIGNATURE   DARLENE F. FERIOLI                           
TITLE       TREASURER           
 



<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000350300
<NAME> FREEDOM MUTUAL FUND
<SERIES>
   <NUMBER> 1
   <NAME> FREEDOM CASH MANAGEMENT FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               JUN-30-1995
<INVESTMENTS-AT-COST>                       1239356719
<INVESTMENTS-AT-VALUE>                      1239567249
<RECEIVABLES>                                 16415653
<ASSETS-OTHER>                                  857748
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              1256630120
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      4267813
<TOTAL-LIABILITIES>                            4267813
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    1252509672
<SHARES-COMMON-STOCK>                       1252509672
<SHARES-COMMON-PRIOR>                       1083808461
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<ACCUMULATED-NET-GAINS>                       (147365)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                1252362307
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                             34797848
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (4202549)
<NET-INVESTMENT-INCOME>                       30595299
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<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                         30595299
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                   (30595299)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     2181312190
<NUMBER-OF-SHARES-REDEEMED>                 2039757698
<SHARES-REINVESTED>                           27146719
<NET-CHANGE-IN-ASSETS>                       168701211
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                     (147365)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
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<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                4202549
<AVERAGE-NET-ASSETS>                        1145246794
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                  0.027
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                             0.027
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                    .74
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000350300
<NAME> FREEDOM MUTUAL FUND
<SERIES>
   <NUMBER> 2
   <NAME> FREEDOM GOVERNMENT SECURITIES FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               JUN-30-1995
<INVESTMENTS-AT-COST>                        295885129
<INVESTMENTS-AT-VALUE>                       295938988
<RECEIVABLES>                                  3010594
<ASSETS-OTHER>                                  140510
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               299036233
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       835862
<TOTAL-LIABILITIES>                             835862
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     298190762
<SHARES-COMMON-STOCK>                        298190762
<SHARES-COMMON-PRIOR>                        268435856
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           9609
<OVERDISTRIBUTION-GAINS>                             0
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<APPREC-INCREASE-CURRENT>                            0
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<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (6603637)
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<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      633122601
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<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                   .025
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<PER-SHARE-DIVIDEND>                              .025
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<EXPENSE-RATIO>                                     .66
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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