<PAGE> PAGE 1
000 A000000 06/30/96
000 C000000 0000355749
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 GINTEL ERISA FUND
001 B000000 811-3279
001 C000000 2036226400
002 A000000 6 GREENWICH OFFICE PARK
002 B000000 GREENWICH
002 C000000 CT
002 D010000 06831
002 D020000 5197
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 CHASE SECURITIES, INC
022 B000001 13-3112953
022 C000001 359102
022 D000001 0
022 A000002 GINTEL & CO LTD PARTNERSHIP
022 B000002 13-2635796
022 C000002 5553
022 D000002 11561
022 A000003 GENERAL ELECTRIC CAPITAL CORPORATION
022 B000003 13-1500700
022 C000003 14000
022 D000003 0
022 A000004 GOLDMAN SACHS & CO
022 B000004 13-5108880
022 C000004 387
022 D000004 667
022 A000005 PIPER JAFFRAY INC
<PAGE> PAGE 2
022 B000005 41-0953246
022 C000005 0
022 D000005 422
022 A000006 FAHNESTOCK & CO INC
022 B000006 13-5657518
022 C000006 278
022 D000006 0
022 A000007 COWEN & COMPANY
022 B000007 13-5616116
022 C000007 257
022 D000007 0
022 A000008 DONALDSON LUFKIN & JENRETTE SECURITIES CORP
022 B000008 13-2741729
022 C000008 0
022 D000008 64
022 A000009 BEAR STEARNS & CO INC
022 B000009 13-3299429
022 C000009 0
022 D000009 35
022 C000010 0
022 D000010 0
023 C000000 379577
023 D000000 12749
028 A010000 37
028 A020000 0
028 A030000 0
028 A040000 509
028 B010000 94
028 B020000 0
028 B030000 0
028 B040000 602
028 C010000 27
028 C020000 0
028 C030000 0
028 C040000 424
028 D010000 55
028 D020000 0
028 D030000 0
028 D040000 458
028 E010000 2
028 E020000 0
028 E030000 0
028 E040000 188
028 F010000 19
028 F020000 0
028 F030000 0
028 F040000 234
028 G010000 234
028 G020000 0
028 G030000 0
028 G040000 2415
<PAGE> PAGE 3
028 H000000 0
055 A000000 N
055 B000000 N
056 000000 Y
057 000000 N
062 A000000 N
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
066 A000000 Y
066 E000000 Y
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 Y
070 B010000 N
070 B020000 N
070 C010000 N
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 N
<PAGE> PAGE 4
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 N
070 O020000 N
070 P010000 N
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 6475
071 B000000 12749
071 C000000 23930
071 D000000 54
072 A000000 6
072 B000000 94
072 C000000 511
072 D000000 0
072 E000000 0
072 F000000 139
072 G000000 174
072 H000000 0
072 I000000 0
072 J000000 0
072 K000000 0
072 L000000 0
072 M000000 14
072 N000000 0
072 O000000 1
072 P000000 0
072 Q000000 0
072 R000000 0
072 S000000 0
072 T000000 0
072 U000000 0
072 V000000 0
072 W000000 0
072 X000000 328
072 Y000000 0
072 Z000000 277
072AA000000 3518
072BB000000 60
072CC010000 0
072CC020000 398
072DD010000 0
072DD020000 0
072EE000000 0
<PAGE> PAGE 5
073 A010000 0.0000
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 0
074 B000000 3529
074 C000000 5000
074 D000000 0
074 E000000 0
074 F000000 21681
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 2062
074 K000000 0
074 L000000 53
074 M000000 0
074 N000000 32325
074 O000000 3363
074 P000000 0
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 39
074 S000000 0
074 T000000 28923
074 U010000 905
074 U020000 0
074 V010000 31.98
074 V020000 0.00
074 W000000 0.0000
074 X000000 1037
074 Y000000 0
075 A000000 0
075 B000000 28225
076 000000 0.00
077 A000000 N
SIGNATURE STEPHEN G. STAVRIDES
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 27421
<INVESTMENTS-AT-VALUE> 30210
<RECEIVABLES> 2115
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 32325
<PAYABLE-FOR-SECURITIES> 3363
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 39
<TOTAL-LIABILITIES> 3402
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 24258
<SHARES-COMMON-STOCK> 905
<SHARES-COMMON-PRIOR> 977
<ACCUMULATED-NII-CURRENT> 209
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1667
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2789
<NET-ASSETS> 28923
<DIVIDEND-INCOME> 511
<INTEREST-INCOME> 94
<OTHER-INCOME> 0
<EXPENSES-NET> 328
<NET-INVESTMENT-INCOME> 277
<REALIZED-GAINS-CURRENT> 3458
<APPREC-INCREASE-CURRENT> (398)
<NET-CHANGE-FROM-OPS> 3337
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 234
<NUMBER-OF-SHARES-REDEEMED> (2415)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1156
<ACCUMULATED-NII-PRIOR> (67)
<ACCUMULATED-GAINS-PRIOR> (1792)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 139
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 328
<AVERAGE-NET-ASSETS> 28225
<PER-SHARE-NAV-BEGIN> 28.41
<PER-SHARE-NII> .22
<PER-SHARE-GAIN-APPREC> 3.35
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 31.98
<EXPENSE-RATIO> 2.3
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
