PRINCOR WORLD FUND INC
24F-2NT, 1995-12-20
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                    U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 24F-2
                        Annual Notice of Securities Sold
                             Pursuant to Rule 24f-2

 1     Name and Address of Issuer:
       Princor World Fund, Inc.
       The Principal Financial Group
       Des Moines, IA  50392-0200

 2     Name of each series or class of funds for which this notice is filed:
       Class A and Class B Shares

 3     Investment Company Act File Number:  811-03183
       Securities Act File Number:          02-72337

 4     Last day of fiscal year for which this notice if filed:
       October 31, 1995

5      Check box if this  notice is being filed more than 180 days after the 
       close of the issuer's  fiscal year for purposes of  reporting  securities
       sold after the close  of  the  fiscal  year  but  before  termination  of
       the  issuer's  24f-2 declaration:
       N/A

 6     Date of termination of issuer's declaration under rule 24f-2(a)(1), 
       if applicable:
       N/A

 7     Number and amount of securities of the same class or series which had 
       been registered  under the Securities Act of 1933 other than pursuant to 
       rule 24f-2 in a prior fiscal year, but which remained unsold at the 
       beginning of the fiscal year:
       None

 8     Number and amount of securities registered during the fiscal year other
       than pursuant to 24f-2:
          None

 9     Number and aggregate sale price of securities sold during the fiscal 
       year:
                    5,250,087  Common Stock $35,941,636

10     Number and aggregate sale price of securities sold during the fiscal year
       in reliance upon registration pursuant to rule 24f-2:
                    5,250,087  Common Stock $35,941,636

11     Number and aggregate sale price of securities issued during the fiscal 
       year in connection with dividend reinvestment plans, if applicable 
       (see Instruction B.7):
       Included in response to Item 9.

12     Calculation of registration fee:

       (i)        Aggregate sale price of securities sold during the
                  fiscal year in reliance on rule 24f-2 
                  (from Item 10):                                    $35,941,636

       (ii)       Aggregate price of shares issued in connection
                  with dividend reinvestment plans (from Item 11,
                  if applicable):                                  +           0

       (iii)      Aggregate price of shares redeemed or
                  repurchased during the fiscal year 
                  (if applicable):                                    19,883,969

       (iv)       Aggregate price of shares redeemed or
                  repurchased and previously applied as a reduction
                  to filing fees pursuant to rule 24e-2 
                  (if applicable)                                              0

       (v)        Net aggregate price of securities sold and issued during
                  the fiscal year in reliance on rule 24f-2 {line (i), plus
                  line (ii), less line (iii), plus line (iv)}
                  (if applicable):                                    16,057,667

       (vi)       Multiplier prescribed by Section 6(b) of the Securities Act
                  of 1933 or other applicable law or regulation:        1 / 2900

       (vii)      Fee Due:                                             $5,537.13

13     Check box if fees are being remitted to the Commission's lockbox as 
       described in section 3a of the Commission's Rules of Informal and 
       Other Procedures (17 CFR 202.3a)
       X

       Date of mailing or wire transfer of filing fees to the Commission's 
       lockbox depository:
         12/19/95


   Signature

This  report has been  signed  below by the  following  persons on behalf of the
issuer and in the capacities and on the dates indicated:


Princor World Fund, Inc.



By
   S. L. Jones
   President

Attest:

By
   A.S. Filean, Vice President
   and Secretary

<PAGE>
   December 19, 1995







   Securities and Exchange Commission
   450 Fifth Street, NW
   Washington, D.C.  20549


   Re  Princor World Fund, Inc.


In my  capacity as Counsel of Princor  World Fund,  Inc.  ("the  Fund"),  I have
supervised  the  preparation  of the Rule  24f-2  Notice  for the Fund under the
Investment  Company Act of 1940 and have reviewed the legality of the securities
which are to be registered thereunder.  Based upon examination of such corporate
records  and  matters of fact and law as deemed  necessary,  I am of the opinion
that such securities were legally issued, fully paid and non-assessable.

I consent to the filing of this  opinion as an exhibit to the Rule 24f-2  Notice
for the Fund und the Investment Company Act of 1940.

   Sincerely




   Michael D. Roughton
   Counsel

   MDR/tm


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