MAXIM SERIES FUND INC
485BPOS, 1999-07-13
DRILLING OIL & GAS WELLS
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      As filed with the Securities and Exchange Commission on July 13, 1999

                            Registration No. 2-75503

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM N-1A

           REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 (X)

                         Pre-Effective Amendment No. ( )
                       Post-Effective Amendment No. 63 (X)

                                     and/or

                   REGISTRATION STATEMENT UNDER THE INVESTMENT
                               COMPANY ACT OF 1940

                              Amendment No. 63 (X)

                             MAXIM SERIES FUND, INC.
               (Exact Name of Registrant as Specified in Charter)
                              8515 E. Orchard Road
                            Englewood, Colorado 80111

        Registrant's Telephone Number including Area Code: (303) 689-3000

                                  W.T. McCallum
                      President and Chief Executive Officer
                   Great-West Life & Annuity Insurance Company
                              8515 E. Orchard Road
                            Englewood, Colorado 80111

                     (Name and Address of Agent for Service)

                          Copies of Communications to:
                            James F. Jorden, Esquire
               Jorden Burt Boros Cicchetti Berenson & Johnson, LLP
                         1025 Thomas Jefferson St. N.W.
                                 Suite 400 East
                           Washington, D.C. 20007-0805

  It is proposed that this filing will become effective (check appropriate box)

Immediately upon filing pursuant to paragraph (b) of Rule 485 X on July 26, 1999
pursuant to paragraph  (b)(1)(v)  of Rule 485 60 days after  filing  pursuant to
paragraph (a)(1) of Rule 485 on pursuant to paragraph (a)(1) of Rule 458 75 days
after filing  pursuant to paragraph  (a)(2) of Rule 485 on pursuant to paragraph
(a)(2) of Rule 485

               If appropriate, check the following:

______ this  post-effective  amendment  designates  a new  effective  date for a
previously filed post-effective amendment


<PAGE>


                                EXPLANATORY NOTE

The purpose of Post-Effective Amendment No. 63 is to delay the effective date of
Post-Effective  Amendment  No.  61,  which was  filed  with the  Securities  and
Exchange Commission on April 12, 1999.

This Post-Effective Amendment relates only to the Maxim Bond Index, Maxim Global
Bond,  Maxim Index 400,  Maxim  Growth  Index,  Maxim Value  Index,  Maxim Index
European,  Maxim  Index  Pacific,  Maxim  401k  Aggressive  Profile,  Maxim 401k
Moderately  Aggressive  Profile,   Maxim  401k  Moderate  Profile,   Maxim  401k
Moderately  Conservative Profile and Maxim 401k Conservative Profile Portfolios.
It shall not  supersede or affect this  Registration  Statement as it applies to
the  Prospectuses  or  Statements  of  Additional   Information  for  any  other
Portfolios of the Registrant.













<PAGE>



Parts A, B, and C of  Registrant's  Post-Effective  Amendment  No.  61 under the
Securities Act of 1933 and Amendment No. 61 under the Investment  Company Act of
1940,  filed on April 12, 1999 are  incorporated  by  reference  herein and this
Post-Effective  Amendment  is being  filed  under Rule 485  (b)(1)(v)  under the
Securities Act of 1933 for the sole purpose of delaying the effectiveness of the
above-referenced Amendment.


<PAGE>


SIGNATURES

        As required by the Securities Act of 1933 and the Investment Company Act
of 1940, the  Registrant  certifies  that it meets all of the  requirements  for
effectiveness of this Registration  Statement  pursuant to Rule 485(b) under the
Securities Act of 1933 and has duly caused this Post-Effective  Amendment No. 63
to the  Registration  Statement  to be  signed  on its  behalf,  in the  City of
Englewood, State of Colorado on the 14th day of July, 1999.


                             MAXIM SERIES FUND, INC.
                                  (Registrant)



                             By: /s/ J.D. Motz
                               President (J.D. Motz)

        Pursuant  to the  requirements  of the  Securities  Act  of  1933,  this
Post-Effective  Amendment No. 62 to the  Registration  Statement has been signed
below by the following persons in the capacities and on the dates indicated.
<TABLE>

<S>     <C>    <C>    <C>    <C>    <C>    <C>
Signature and Title                 Title                        Date



/s/ J.D. Motz                                      President                      7/13/99
 (J.D. Motz)                        and Director


/s/ D.G. McLeod                             Treasurer                     7/13/99
 (D.G. McLeod)


/s/ R. Jennings*                                   Director                              7/13/99
 (R. Jennings)


/s/ R.P. Koeppe*                            Director                              7/13/99
(R.P. Koeppe)



<PAGE>


Signature and Title                 Title                        Date


/s/ D.L. Wooden                             Director                              7/13/99
(D.L. Wooden)


/s/ S. Zisman*                                     Director                              7/13/99
(S. Zisman)




</TABLE>




*By: /s/ B.A. Byrne B.A. Byrne  Attorney-in-fact  pursuant to Powers of Attorney
filed under Post-Effective Amendment No. 52 to this Registration Statement.



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