IDS DISCOVERY FUND INC
NSAR-B, 1995-09-27
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<PAGE>      PAGE  1
000 B000000 07/31/95
000 C000000 0000352663
000 D000000 N
000 E000000 F
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 IDS DISCOVERY FUND, INC.
001 B000000 811-3178
001 C000000 6126712772
002 A000000 IDS TOWER 10
002 B000000 MINNEAPOLIS
002 C000000 MN
002 D010000 55440
002 D020000 0010
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  3
007 C010100  1
007 C020100 IDS DISCOVERY FUND CLASS A
007 C030100 N
007 C010200  2
007 C020200 IDS DISCOVERY FUND CLASS B
007 C030200 N
007 C010300  3
007 C020300 IDS DISCOVERY FUND CLASS Y
007 C030300 N
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
015 A00AA01 AMERICAN EXPRESS TRUST COMPANY
015 B00AA01 C
015 C01AA01 MINNEAPOLIS
015 C02AA01 MN
015 C03AA01 55402
015 C04AA01 2307
015 E01AA01 X
015 A00AA02 MORGAN STANLEY TRUST COMPANY
015 B00AA02 S
015 C01AA02 BROOKLYN
015 C02AA02 NY
015 C03AA02 11201
<PAGE>      PAGE  2
015 C04AA02 2775
015 E04AA02 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   38
019 C00AA00 IDSMUTFDGR
020 A000001 CS FIRST BOSTON GROUP
020 B000001 13-5659485
020 C000001    223
020 A000002 MORGAN STANLEY & CO., INC.
020 B000002 13-2655998
020 C000002    213
020 A000003 AMERICAN ENTERPRISE INV. SERV. INC.
020 B000003 41-0884926
020 C000003    147
020 A000004 PAINEWEBBER INC.
020 B000004 13-2638166
020 C000004    145
020 A000005 SMITH BARNEY INC.
020 B000005 13-1912900
020 C000005    108
020 A000006 WEEDEN & CO. LP
020 B000006 13-3364318
020 C000006     89
020 A000007 LEHMAN BROTHERS INC.
020 B000007 13-2518469
020 C000007     69
020 A000008 DONALDSON LUFKIN JENRETTE SEC. CORP.
020 B000008 13-2741729
020 C000008     69
020 A000009 ALEX BROWN & SONS. INC.
020 B000009 52-1319768
020 C000009     68
020 A000010 CYRUS J. LAWRENCE
020 B000010 13-2730828
020 C000010     63
021  000000     2171
022 A000001 GOLDMAN SACHS & CO.
022 B000001 13-5108880
022 C000001    433550
022 D000001     32895
022 A000002 MERRILL LYNCH & CO., INC.
022 B000002 13-5674085
022 C000002    293577
022 D000002     68353
022 A000003 LEHMAN COMMERCIAL PAPER INC.
022 B000003 13-2501865
022 C000003    260896
022 D000003     19166
022 A000004 MORGAN STANLEY & COMPANY, INC.
022 B000004 13-2655998
<PAGE>      PAGE  3
022 C000004     88981
022 D000004     62573
022 A000005 CS FIRST BOSTON GROUP
022 B000005 13-5659485
022 C000005     90787
022 D000005     29991
022 A000006 J.P. MORGAN SECURITIES INC.
022 B000006 13-3224016
022 C000006     89826
022 D000006      2303
022 A000007 BANKERS TRUST
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022 A000008 FIRST CHICAGO CAPITAL MKTS.
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022 C000009     32367
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022 A000010 ALEX BROWN & SONS INC.
022 B000010 52-1319768
022 C000010     24361
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080 A00AA00 RELIANCE INSURANCE COMPANY
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<PAGE>      PAGE  7
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040  000300 N
<PAGE>      PAGE  8
041  000300 N
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SIGNATURE   WILLIAM PEARCE                               
TITLE       PRESIDENT           
 


<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 1
   <NAME> IDS DISCOVERY FUND CLASS A
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JUL-31-1995
<PERIOD-END>                               JUL-31-1995
<INVESTMENTS-AT-COST>                        737940721
<INVESTMENTS-AT-VALUE>                       795763015
<RECEIVABLES>                                  4447797
<ASSETS-OTHER>                                 1385694
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               801596506
<PAYABLE-FOR-SECURITIES>                      17817635
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      5522141
<TOTAL-LIABILITIES>                           23339776
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     561826622
<SHARES-COMMON-STOCK>                         55468404
<SHARES-COMMON-PRIOR>                         58797212
<ACCUMULATED-NII-CURRENT>                      3966275
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      141665155
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      70798678
<NET-ASSETS>                                 778256730
<DIVIDEND-INCOME>                              2223925
<INTEREST-INCOME>                              8237352
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (6493907)
<NET-INVESTMENT-INCOME>                        3967370
<REALIZED-GAINS-CURRENT>                     142003421
<APPREC-INCREASE-CURRENT>                     17500050
<NET-CHANGE-FROM-OPS>                        163470841
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                     (1459261)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       28277355
<NUMBER-OF-SHARES-REDEEMED>                 (23508861)
<SHARES-REINVESTED>                             130627
<NET-CHANGE-IN-ASSETS>                       255650016
<ACCUMULATED-NII-PRIOR>                      (1970128)
<ACCUMULATED-GAINS-PRIOR>                      7782215
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          3600724
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                6493907
<AVERAGE-NET-ASSETS>                         635552397
<PER-SHARE-NAV-BEGIN>                            10.33
<PER-SHARE-NII>                                    .07
<PER-SHARE-GAIN-APPREC>                           2.79
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                        (.03)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.16
<EXPENSE-RATIO>                                    .99
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 2
   <NAME> IDS DISCOVERY FUND CLASS B
       
<S>                             <C>
<PERIOD-TYPE>                   OTHER
<FISCAL-YEAR-END>                          JUL-31-1995
<PERIOD-START>                             MAR-20-1995
<PERIOD-END>                               JUL-31-1995
<INVESTMENTS-AT-COST>                        737940721
<INVESTMENTS-AT-VALUE>                       795763015
<RECEIVABLES>                                  4447797
<ASSETS-OTHER>                                 1385694
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               801596506
<PAYABLE-FOR-SECURITIES>                      17817635
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      5522141
<TOTAL-LIABILITIES>                           23339776
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     561826622
<SHARES-COMMON-STOCK>                           756408
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                      3966275
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      141665155
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      70798678
<NET-ASSETS>                                 778256730
<DIVIDEND-INCOME>                              2223925
<INTEREST-INCOME>                              8237352
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (6493907)
<NET-INVESTMENT-INCOME>                        3967370
<REALIZED-GAINS-CURRENT>                     142003421
<APPREC-INCREASE-CURRENT>                     17500050
<NET-CHANGE-FROM-OPS>                        163470841
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         763482
<NUMBER-OF-SHARES-REDEEMED>                     (7074)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       255650016
<ACCUMULATED-NII-PRIOR>                      (1970128)
<ACCUMULATED-GAINS-PRIOR>                      7782215
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          3600724
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                6493907
<AVERAGE-NET-ASSETS>                           4607140
<PER-SHARE-NAV-BEGIN>                            11.31
<PER-SHARE-NII>                                     01
<PER-SHARE-GAIN-APPREC>                           1.80
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.12
<EXPENSE-RATIO>                                   1.95
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 3
   <NAME> IDS DISCOVERY FUND CLASS Y
       
<S>                             <C>
<PERIOD-TYPE>                   OTHER
<FISCAL-YEAR-END>                          JUL-31-1995
<PERIOD-START>                             MAR-20-1995
<PERIOD-END>                               JUL-31-1995
<INVESTMENTS-AT-COST>                        737940721
<INVESTMENTS-AT-VALUE>                       795763015
<RECEIVABLES>                                  4447797
<ASSETS-OTHER>                                 1385694
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               801596506
<PAYABLE-FOR-SECURITIES>                      17817635
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      5522141
<TOTAL-LIABILITIES>                           23339776
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     561826622
<SHARES-COMMON-STOCK>                          2928532
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                      3966275
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      141665155
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      70798678
<NET-ASSETS>                                 778256730
<DIVIDEND-INCOME>                              2223925
<INTEREST-INCOME>                              8237352
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (6493907)
<NET-INVESTMENT-INCOME>                        3967370
<REALIZED-GAINS-CURRENT>                     142003421
<APPREC-INCREASE-CURRENT>                     17500050
<NET-CHANGE-FROM-OPS>                        163470841
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        3603336
<NUMBER-OF-SHARES-REDEEMED>                   (674804)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       255650016
<ACCUMULATED-NII-PRIOR>                      (1970128)
<ACCUMULATED-GAINS-PRIOR>                      7782215
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          3600724
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                6493907
<AVERAGE-NET-ASSETS>                          33412091
<PER-SHARE-NAV-BEGIN>                            11.31
<PER-SHARE-NII>                                    .06
<PER-SHARE-GAIN-APPREC>                           1.80
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.17
<EXPENSE-RATIO>                                    .93
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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