<PAGE> PAGE 1
000 B000000 03/31/96
000 C000000 0000351786
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 BMC FUND, INC.
001 B000000 811-3150
001 C000000 7047586102
002 A000000 800 GOLFVIEW PARK, PO BOX 500
002 B000000 LENOIR
002 C000000 NC
002 D010000 28645
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
007 C012100 21
007 C012200 22
007 C012300 23
007 C012400 24
007 C012500 25
007 C012600 26
007 C012700 27
007 C012800 28
007 C012900 29
<PAGE> PAGE 2
007 C013000 30
007 C013100 31
007 C013200 32
007 C013300 33
007 C013400 34
007 C013500 35
007 C013600 36
007 C013700 37
007 C013800 38
007 C013900 39
007 C014000 40
007 C014100 41
007 C014200 42
007 C014300 43
007 C014400 44
007 C014500 45
007 C014600 46
007 C014700 47
007 C014800 48
007 C014900 49
007 C015000 50
007 C015100 51
007 C015200 52
007 C015300 53
007 C015400 54
007 C015500 55
007 C015600 56
007 C015700 57
007 C015800 58
007 C015900 59
007 C016000 60
007 C016100 61
007 C016200 62
007 C016300 63
007 C016400 64
007 C016500 65
007 C016600 66
007 C016700 67
007 C016800 68
007 C016900 69
007 C017000 70
007 C017100 71
007 C017200 72
007 C017300 73
007 C017400 74
007 C017500 75
007 C017600 76
007 C017700 77
007 C017800 78
007 C017900 79
007 C018000 80
<PAGE> PAGE 3
007 C018100 81
007 C018200 82
007 C018300 83
007 C018400 84
007 C018500 85
007 C018600 86
007 C018700 87
007 C018800 88
007 C018900 89
007 C019000 90
019 B000000 0
020 A000001 W. H. REAVES & CO., INC.
020 C000001 23
020 A000002 PRUDENTIAL SECURITIES, INC.
020 C000002 21
020 A000003 JACK WHITE & CO.
020 C000003 5
020 A000004 FIRST UNION NATIONAL BANK OF NC
020 C000004 5
020 A000005 PERSHING & CO.
020 C000005 5
020 A000006 ESI SECURITIES
020 C000006 2
020 A000007 MERRILL LYNCH
020 C000007 2
020 A000008 AUTRANET
020 C000008 1
020 A000009 MCDONALD & CO.
020 C000009 1
020 C000010 0
021 000000 73
022 A000001 FIRST UNION NATIONAL BANK OF NC
022 C000001 3754
022 D000001 1940
022 A000002 PRUDENTIAL SECURITIES, INC.
022 C000002 230
022 D000002 5658
022 A000003 MERRILL LYNCH
022 C000003 124
022 D000003 89
022 A000004 JACK WHITE & CO.
022 C000004 106
022 D000004 0
022 A000005 PERSHING & CO.
022 C000005 59
022 D000005 0
022 C000006 0
022 D000006 0
022 C000007 0
022 D000007 0
022 C000008 0
<PAGE> PAGE 4
022 D000008 0
022 C000009 0
022 D000009 0
022 C000010 0
022 D000010 0
023 C000000 4273
023 D000000 7687
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
028 A010000 0
028 A020000 0
028 A030000 0
028 A040000 0
028 B010000 0
028 B020000 0
028 B030000 0
028 B040000 0
028 C010000 0
028 C020000 0
028 C030000 0
028 C040000 0
028 D010000 0
028 D020000 0
028 D030000 0
028 D040000 0
028 E010000 0
028 E020000 0
028 E030000 0
028 E040000 0
028 F010000 0
028 F020000 0
028 F030000 0
028 F040000 0
028 G010000 0
028 G020000 0
028 G030000 0
028 G040000 0
028 H000000 0
030 A000000 0
030 B000000 0.00
030 C000000 0.00
031 A000000 0
031 B000000 0
032 000000 0
033 000000 0
<PAGE> PAGE 5
035 000000 0
036 B000000 0
038 000000 0
042 A000000 0
042 B000000 0
042 C000000 0
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 0
044 000000 0
048 000000 0.000
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
061 000000 0
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 6.7
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
<PAGE> PAGE 6
062 O000000 46.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 46.2
063 A000000 0
063 B000000 4.0
066 A000000 N
071 A000000 24715
071 B000000 29969
071 C000000 113642
071 D000000 22
072 A000000 12
072 B000000 4727
072 C000000 899
072 D000000 0
072 E000000 801
072 F000000 88
072 G000000 0
072 H000000 123
072 I000000 0
072 J000000 0
072 K000000 1
072 L000000 0
072 M000000 25
072 N000000 0
072 O000000 40
072 P000000 0
072 Q000000 0
072 R000000 17
072 S000000 5
072 T000000 0
072 U000000 0
072 V000000 0
072 W000000 116
072 X000000 415
072 Y000000 0
072 Z000000 6012
072AA000000 3413
072BB000000 0
072CC010000 4948
072CC020000 0
072DD010000 5171
072DD020000 0
072EE000000 3413
073 A010000 1.0482
073 A020000 0.0000
073 B000000 0.6918
073 C000000 0.0000
074 A000000 227
074 B000000 0
074 C000000 9770
<PAGE> PAGE 7
074 D000000 66704
074 E000000 0
074 F000000 34649
074 G000000 0
074 H000000 0
074 I000000 32392
074 J000000 0
074 K000000 0
074 L000000 1389
074 M000000 32
074 N000000 145163
074 O000000 84
074 P000000 0
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 43
074 S000000 0
074 T000000 145036
074 U010000 4933281
074 U020000 0
074 V010000 29.40
074 V020000 0.00
074 W000000 0.0000
074 X000000 186
074 Y000000 0
075 A000000 0
075 B000000 142839
076 000000 26.00
077 A000000 Y
077 B000000 Y
077 Q010000 N
077 Q020000 N
077 Q030000 N
080 A000000 NATL. UNION FIRE INS. CO. OF PITTSBURGH, PA
080 C000000 0
081 A000000 N
081 B000000 0
082 A000000 Y
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
<PAGE> PAGE 8
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
088 A000000 N
088 B000000 N
088 C000000 N
088 D000000 N
SIGNATURE /EDWARD D BEACH
TITLE PRESIDENT
