CONNECTICUT MUTUAL FINANCIAL SERVICES SERIES FUND I INC
497, 1996-06-06
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                                PANORAMA SERIES FUND, INC.

                           Supplement dated June 6, 1996, to the
                               Prospectus dated May 1, 1996



      In the chart entitled "Asset Classes and Components" on page 11, the
"Range" of the Government/Corporate component of the Diversified Income
Portfolio is revised to read "30-45%".


June 6, 1996



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