IDS DISCOVERY FUND INC
NSAR-A, 1998-03-31
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<PAGE>
000 A000000 01/31/98
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
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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
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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
020 A000001 WEEDEN & CO., L.P.
020 B000001 13-3364318
020 C000001    236
020 A000002 AMERICAN ENTERPRISE INV. SERV. INC.
020 B000002 41-1667086
020 C000002    142
020 A000003 DONALDSON, LUFKIN JENRETTE SEC. CORP.
020 B000003 13-2741729
020 C000003    132
020 A000004 S.B.C.I. SECURITIES
020 B000004 13-2639550
020 C000004     99
<PAGE>
020 A000005 ALEX BROWN & SONS INC.
020 B000005 52-1319768
020 C000005     93
020 A000006 PRUDENTIAL SECURITIES INC.
020 B000006 22-2347336
020 C000006     80
020 A000007 OPPENHEIMER & CO., INC.
020 B000007 13-2798343
020 C000007     66
020 A000008 LEHMAN BROTHERS INC.
020 B000008 13-2518466
020 C000008     50
020 A000009 BLAIR (WILLIAM) & COMPANY L.L.C.
020 B000009 36-2214610
020 C000009     41
020 A000010 MORGAN STANLEY & CO., INC.
020 B000010 13-2655998
020 C000010     40
021  000000     1388
022 A000001 MERRILL LYNCH & CO., INC.
022 B000001 13-5674085
022 C000001    174458
022 D000001     85398
022 A000002 MORGAN STANLEY & CO. INC.
022 B000002 13-2655998
022 C000002    126842
022 D000002    113439
022 A000003 LEHMAN COMMERCIAL PAPER INC.
022 B000003 13-2501865
022 C000003    160429
022 D000003     74150
022 A000004 MORGAN (J.P.) SECURITIES INC.
022 B000004 13-3224016
022 C000004    108361
022 D000004     61713
022 A000005 GOLDMAN SACHS & CO.
022 B000005 13-5108880
022 C000005    116713
022 D000005     33295
022 A000006 CREDIT SUISSE FIRST BOSTON GROUP
022 B000006 13-5659485
022 C000006     67452
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022 A000007 LEHMAN BROTHERS INC.
022 B000007 13-2518466
022 C000007     32747
022 D000007     60965
022 A000008 FIRST CHICAGO CAPITAL MKTS. INC.
022 B000008 36-3595942
022 C000008     42301
022 D000008     45846
<PAGE>
022 A000009 MONTGOMERY SECURITIES
022 B000009 94-1701676
022 C000009     42772
022 D000009     13908
022 A000010 CHASE INVESTMENT SERVICES CORP.
022 B000010 13-5225436
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SIGNATURE   LESLIE L. OGG                                
TITLE       VICE PRESIDENT      
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
  <NUMBER> 1
  <NAME> IDS DISCOVERY FUND CLASS A
       
<S>                                                        <C>
<PERIOD-TYPE>                                              6-MOS
<FISCAL-YEAR-END>                                          JUL-31-1998
<PERIOD-END>                                               JAN-31-1998
<INVESTMENTS-AT-COST>                                       1012337975
<INVESTMENTS-AT-VALUE>                                      1111903474
<RECEIVABLES>                                                  7948758
<ASSETS-OTHER>                                                 5822532
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                              1125674764
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<OTHER-ITEMS-LIABILITIES>                                      7179360
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<NET-ASSETS>                                                 900961699
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<OTHER-INCOME>                                                       0
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<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                6466662
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<PER-SHARE-NAV-BEGIN>                                            13.02
<PER-SHARE-NII>                                                  (0.02)
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<PER-SHARE-NAV-END>                                              11.48
<EXPENSE-RATIO>                                                   1.07
<AVG-DEBT-OUTSTANDING>                                            0.00
<AVG-DEBT-PER-SHARE>                                              0.00
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
  <NUMBER> 2
  <NAME> IDS DISCOVERY FUND CLASS B
       
<S>                                                        <C>
<PERIOD-TYPE>                                              6-MOS
<FISCAL-YEAR-END>                                          JUL-31-1998
<PERIOD-END>                                               JAN-31-1998
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<INVESTMENTS-AT-VALUE>                                      1111903474
<RECEIVABLES>                                                  7948758
<ASSETS-OTHER>                                                 5822532
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                              1125674764
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<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      7179360
<TOTAL-LIABILITIES>                                           18591860
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                     966208265
<SHARES-COMMON-STOCK>                                         10964364
<SHARES-COMMON-PRIOR>                                          7869253
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<NET-ASSETS>                                                 123090458
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<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 6385036
<NET-INVESTMENT-INCOME>                                       (1974652)
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<APPREC-INCREASE-CURRENT>                                   (117199559)
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<EQUALIZATION>                                                       0
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<PER-SHARE-NAV-BEGIN>                                            12.82
<PER-SHARE-NII>                                                  (0.06)
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<PER-SHARE-DISTRIBUTIONS>                                         1.56
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              11.23
<EXPENSE-RATIO>                                                   1.83
<AVG-DEBT-OUTSTANDING>                                            0.00
<AVG-DEBT-PER-SHARE>                                              0.00
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
  <NUMBER> 3
  <NAME> IDS DISCOVERY FUND CLASS Y
       
<S>                                                        <C>
<PERIOD-TYPE>                                              6-MOS
<FISCAL-YEAR-END>                                          JUL-31-1998
<PERIOD-END>                                               JAN-31-1998
<INVESTMENTS-AT-COST>                                       1012337975
<INVESTMENTS-AT-VALUE>                                      1111903474
<RECEIVABLES>                                                  7948758
<ASSETS-OTHER>                                                 5822532
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                              1125674764
<PAYABLE-FOR-SECURITIES>                                      11412500
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<TOTAL-LIABILITIES>                                           18591860
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                     966208265
<SHARES-COMMON-STOCK>                                          7226308
<SHARES-COMMON-PRIOR>                                          5536301
<ACCUMULATED-NII-CURRENT>                                            0
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<ACCUMULATED-NET-GAINS>                                       42516863
<OVERDISTRIBUTION-GAINS>                                             0
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<NET-ASSETS>                                                  83030747
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<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 6385036
<NET-INVESTMENT-INCOME>                                       (1974652)
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<PER-SHARE-NII>                                                  (0.01)
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</TABLE>


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