<PAGE> PAGE 1
000 A000000 06/30/96
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 INVESTOR SERVICES CORP.
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 12577764
022 D000001 0
022 A000002 GOLDMAN SACHS
022 B000002 13-5108880
022 C000002 1286298
022 D000002 0
022 A000003 J.P. MORGAN SECURITIES
022 B000003 13-3224016
022 C000003 767890
022 D000003 92833
022 A000004 AUBREY G. LANSTON
022 B000004 13-5552129
<PAGE> PAGE 3
022 C000004 291241
022 D000004 102726
022 A000005 MERRILL LYNCH PIERCE FENNER
022 B000005 13-5674085
022 C000005 195478
022 D000005 0
022 A000006 FIRST BOSTON
022 B000006 13-5659485
022 C000006 175856
022 D000006 0
022 A000007 CANADIAN IMPERIAL BANK
022 B000007 13-1942440
022 C000007 158021
022 D000007 0
022 A000008 LEHMAN BROTHERS INC.
022 B000008 13-2663822
022 C000008 81073
022 D000008 0
022 A000009 PRUFUNDING
022 B000009 22-2231168
022 C000009 59412
022 D000009 0
022 A000010 BEAR STEARNS CO.
022 B000010 13-4946705
022 C000010 49620
022 D000010 0
023 C000000 16613286
023 D000000 226348
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 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
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
024 000100 Y
025 A000101 GOLDMAN SACHS
025 B000101 13-5108880
025 C000101 D
025 D000101 29731
025 A000102 J.P. MORGAN
025 B000102 13-3224016
025 C000102 D
025 D000102 27937
025 A000103 MERRILL LYNCH
025 B000103 13-5674085
025 C000103 D
025 D000103 39840
<PAGE> PAGE 6
025 A000104 PRUDENTIAL FUNDING
025 B000104 22-2347336
025 C000104 D
025 D000104 39686
025 A000105 BANKERS TRUST CO.
025 B000105 13-4941247
025 C000105 D
025 D000105 44434
025 A000106 BEAR STEARNS
025 B000106 13-4946705
025 C000106 D
025 D000106 19953
025 A000107 UBS FINANCE
025 C000107 D
025 D000107 30000
025 D000108 0
028 A010100 414753
028 A020100 3300
028 A030100 0
028 A040100 404466
028 B010100 424314
028 B020100 5494
028 B030100 0
028 B040100 380201
028 C010100 458951
028 C020100 5087
028 C030100 0
028 C040100 450433
028 D010100 432422
028 D020100 5467
028 D030100 0
028 D040100 439026
028 E010100 501509
028 E020100 5316
028 E030100 0
028 E040100 433153
028 F010100 446953
028 F020100 5777
028 F030100 0
028 F040100 441993
028 G010100 2678902
028 G020100 30441
028 G030100 0
028 G040100 2549272
028 H000100 0
055 A000100 N
055 B000100 N
056 000100 Y
057 000100 N
062 A000100 Y
062 B000100 0.0
<PAGE> PAGE 7
062 C000100 0.0
062 D000100 3.0
062 E000100 0.0
062 F000100 4.6
062 G000100 4.6
062 H000100 0.0
062 I000100 84.5
062 J000100 0.0
062 K000100 0.0
062 L000100 3.3
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 39
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
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
<PAGE> PAGE 8
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 38965
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 3342
072 G000100 0
072 H000100 0
072 I000100 1324
072 J000100 127
072 K000100 0
072 L000100 91
072 M000100 25
072 N000100 38
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 19
072 S000100 17
072 T000100 0
072 U000100 0
072 V000100 0
072 W000100 63
072 X000100 5046
072 Y000100 0
072 Z000100 33919
072AA000100 0
072BB000100 0
072CC010100 0
072CC020100 0
072DD010100 33919
072DD020100 0
072EE000100 0
073 A010100 0.0236
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
<PAGE> PAGE 9
074 A000100 1557
074 B000100 44434
074 C000100 1447447
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 17693
074 M000100 84
074 N000100 1511215
074 O000100 0
074 P000100 1141
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 3379
074 S000100 0
074 T000100 1506695
074 U010100 1506842
074 U020100 0
074 V010100 1.00
074 V020100 0.00
074 W000100 0.9999
074 X000100 133895
074 Y000100 0
075 A000100 1437724
075 B000100 0
076 000100 0.00
024 000200 N
025 D000201 0
025 D000202 0
025 D000203 0
025 D000204 0
025 D000205 0
025 D000206 0
025 D000207 0
025 D000208 0
028 A010200 107727
028 A020200 733
028 A030200 0
028 A040200 95756
028 B010200 91919
028 B020200 1257
028 B030200 0
028 B040200 104855
028 C010200 91674
<PAGE> PAGE 10
028 C020200 1106
028 C030200 0
028 C040200 89800
028 D010200 86477
028 D020200 1159
028 D030200 0
028 D040200 95362
028 E010200 92421
028 E020200 1086
028 E030200 0
028 E040200 87363
028 F010200 75315
028 F020200 1140
028 F030200 0
028 F040200 98568
028 G010200 545533
028 G020200 6481
028 G030200 0
028 G040200 571704
028 H000200 0
055 A000200 Y
055 B000200 N
056 000200 Y
057 000200 N
062 A000200 Y
062 B000200 99.9
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
062 L000200 0.1
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 61
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
<PAGE> PAGE 11
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
070 R020200 N
071 A000200 0
071 B000200 0
071 C000200 0
071 D000200 0
072 A000200 6
072 B000200 8255
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 803
072 G000200 0
072 H000200 0
072 I000200 122
072 J000200 28
072 K000200 0
<PAGE> PAGE 12
072 L000200 10
072 M000200 7
072 N000200 18
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 5
072 S000200 1
072 T000200 0
072 U000200 0
072 V000200 0
072 W000200 16
072 X000200 1010
072 Y000200 0
072 Z000200 7245
072AA000200 0
072BB000200 9
072CC010200 0
072CC020200 0
072DD010200 7245
072DD020200 0
072EE000200 0
073 A010200 0.0224
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 0
074 B000200 0
074 C000200 297406
074 D000200 0
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 0
074 K000200 0
074 L000200 1984
074 M000200 43
074 N000200 299433
074 O000200 0
074 P000200 184
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 1548
074 S000200 0
074 T000200 297701
074 U010200 297704
074 U020200 0
<PAGE> PAGE 13
074 V010200 1.00
074 V020200 0.00
074 W000200 1.0001
074 X000200 11349
074 Y000200 0
075 A000200 322890
075 B000200 0
076 000200 0.00
SIGNATURE DARLENE F. REGO
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-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 1,491,881,078
<INVESTMENTS-AT-VALUE> 1,491,805,105
<RECEIVABLES> 17,692,632
<ASSETS-OTHER> 1,641,349
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,511,215,059
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4,520,145
<TOTAL-LIABILITIES> 4,520,145
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,506,842,279
<SHARES-COMMON-STOCK> 1,506,842,279
<SHARES-COMMON-PRIOR> 1,346,624,830
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (147,365)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 1,506,694,914
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 38,964,668
<OTHER-INCOME> 0
<EXPENSES-NET> (5,046,157)
<NET-INVESTMENT-INCOME> 33,918,511
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 33,918,511
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (33,918,511)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,678,901,676
<NUMBER-OF-SHARES-REDEEMED> (2,549,272,229)
<SHARES-REINVESTED> 30,440,637
<NET-CHANGE-IN-ASSETS> 160,070,084
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (147,365)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,341,519
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5,046,157
<AVERAGE-NET-ASSETS> 1,437,724,028
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .024
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.024)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .007
<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-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 297,405,742
<INVESTMENTS-AT-VALUE> 297,423,412
<RECEIVABLES> 1,984,351
<ASSETS-OTHER> 43,147
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 299,433,240
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,731,867
<TOTAL-LIABILITIES> 1,731,867
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 297,703,935
<SHARES-COMMON-STOCK> 297,703,935
<SHARES-COMMON-PRIOR> 317,400,262
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,562)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 297,701,373
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 8,255,505
<OTHER-INCOME> 0
<EXPENSES-NET> (1,010,408)
<NET-INVESTMENT-INCOME> 7,245,097
<REALIZED-GAINS-CURRENT> (8,847)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 7,236,250
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (7,245,097)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 545,532,973
<NUMBER-OF-SHARES-REDEEMED> (571,704,031)
<SHARES-REINVESTED> 6,481,016
<NET-CHANGE-IN-ASSETS> (19,690,042)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 6,285
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 802,813
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,010,408
<AVERAGE-NET-ASSETS> 322,889,645
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .022
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.022)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .006
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>