SECURITY TAX EXEMPT FUND
NSAR-A, 1996-08-27
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<PAGE>      PAGE  1
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<PAGE>      PAGE  9
SIGNATURE   JAMES R. SCHMANK                             
TITLE       VP AND TREASURER    
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000354185
<NAME> SECURITY TAX-EXEMPT FUND
<SERIES>
   <NUMBER> 001
   <NAME> CLASS A
<MULTIPLIER> 1000
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000354185
<NAME> SECURITY TAX-EXEMPT FUND
<SERIES>
   <NUMBER> 002
   <NAME> CLASS B
<MULTIPLIER> 1000
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<PERIOD-START>                             JAN-01-1996
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<OTHER-ITEMS-ASSETS>                             24493
<TOTAL-ASSETS>                                       0
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</TABLE>


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