<PAGE> PAGE 1
000 A000000 06/30/95
000 C000000 0000356683
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 PRUDENTIAL EQUITY FUND
001 B000000 811-3326
001 C000000 2122141248
002 A000000 199 WATER STREET
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10292
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 THE PRUDENTIAL INVESTMENT CORP.
008 B000001 S
008 C000001 801-22808
008 D010001 NEWARK
008 D020001 NJ
008 D030001 07101
008 A000002 PRUDENTIAL MUTUAL FUND MANAGEMENT, INC.
008 B000002 A
008 C000002 801-31104
008 D010002 NEW YORK
008 D020002 NY
008 D030002 10292
011 A000001 PRUDENTIAL SECURITIES INC.
011 B000001 8-27154
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10292
011 A000002 PRUDENTIAL MUTUAL FUND DISTRIBUTORS, INC.
011 B000002 8-38739
<PAGE> PAGE 2
011 C010002 NEW YORK
011 C020002 NY
011 C030002 10292
012 A000001 PRUDENTIAL MUTUAL FUND SERVICES, INC.
012 B000001 85-4110019
012 C010001 EDISON
012 C020001 NJ
012 C030001 08837
013 A000001 PRICE WATERHOUSE, LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10036
014 A000001 PRUDENTIAL SECURITIES INCORPORATED
014 B000001 8-27154
014 A000002 PRUCO SECURITIES CORPORATION
014 B000002 8-16402
014 A000003 PRUDENTIAL MUTUAL FUND DISTRIBUTORS, INC.
014 B000003 8-38739
015 A000001 STATE STREET BANK AND TRUST CO.
015 B000001 C
015 C010001 NORTH QUINCY
015 C020001 MA
015 C030001 02171
015 E010001 X
018 000000 Y
019 A000000 Y
019 B000000 70
019 C000000 PRUDENTIAL
020 A000001 SMITH BARNEY, INC.
020 B000001 13-1912900
020 C000001 95
020 A000002 GOLDMAN SACHS & CO.
020 B000002 13-5108880
020 C000002 78
020 A000003 WEEDEN & CO. L.P.
020 B000003 13-3364318
020 C000003 74
020 A000004 PAINWEBBER INC.
020 B000004 13-2638166
020 C000004 73
020 A000005 JEFFERIES & CO.INC.
020 B000005 95-2622900
020 C000005 65
020 A000006 DONALDSON, LUFKIN & JENNRETTE SECURITIES CO.
020 B000006 13-2741729
020 C000006 51
020 A000007 BERNSTEIN (SANFORD C.) & CO., INC.
020 B000007 13-2625874
020 C000007 43
020 A000008 MORGAN STANLEY & CO., INC.
020 B000008 13-2655998
<PAGE> PAGE 3
020 C000008 35
020 A000009 SALOMON BROTHERS INC.
020 B000009 13-3082694
020 C000009 33
020 A000010 LEHMAN BROTHERS INC.
020 B000010 13-2518466
020 C000010 32
021 000000 934
022 A000001 SMITH BARNEY, INC.
022 B000001 13-1912900
022 C000001 7002596
022 D000001 0
022 A000002 BEAR, STEARNS & CO. INC.
022 B000002 13-3299429
022 C000002 6830582
022 D000002 0
022 A000003 CS FIRST BOSTON CORP.
022 B000003 13-5659485
022 C000003 5445358
022 D000003 513
022 A000004 GOLDMAN, SACHS & CO.
022 B000004 13-5108880
022 C000004 4963076
022 D000004 0
022 A000005 MORGAN STANLEY & CO., INC.
022 B000005 13-2655998
022 C000005 3439810
022 D000005 0
022 A000006 BARCLAYS DE ZOETE WEDD SECURITIES INC.
022 B000006 13-3551367
022 C000006 938869
022 D000006 0
022 A000007 LEHMAN INC.
022 B000007 13-2518466
022 C000007 474553
022 D000007 0
022 A000008 MORGAN (J.P.) SECURITIES, INC.
022 B000008 13-3224016
022 C000008 472066
022 D000008 0
022 A000009 BANKERS TRUST CO.
022 B000009 13-4941247
022 C000009 266360
022 D000009 0
022 A000010 UBS SECURITIES INC.
022 B000010 13-2932996
022 C000010 253838
022 D000010 0
023 C000000 30643343
023 D000000 513
024 000000 Y
<PAGE> PAGE 4
025 A000001 BEAR STEARNS & CO. INC.
025 B000001 13-3299429
025 C000001 D
025 D000001 12250
025 A000002 CS FIRST BOSTON CORP.
025 B000002 13-5659485
025 C000002 D
025 D000002 9808
025 A000003 GOLDMAN, SACHS & CO.
025 B000003 13-5108880
025 C000003 D
025 D000003 7110
025 A000004 SMITH BARNEY,INC.
025 B000004 13-1912900
025 C000004 D
025 D000004 12260
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
028 A010000 142091
028 A020000 0
028 A030000 0
028 A040000 132253
028 B010000 675445
028 B020000 0
028 B030000 0
028 B040000 601863
028 C010000 235813
028 C020000 0
028 C030000 0
028 C040000 224543
028 D010000 179872
028 D020000 0
028 D030000 0
028 D040000 141777
028 E010000 255082
028 E020000 0
028 E030000 0
028 E040000 213514
028 F010000 229322
<PAGE> PAGE 5
028 F020000 0
028 F030000 0
028 F040000 194295
028 G010000 1717625
028 G020000 0
028 G030000 0
028 G040000 1508246
028 H000000 1059230
029 000000 Y
030 A000000 1067
030 B000000 5.00
030 C000000 0.50
031 A000000 24
031 B000000 0
032 000000 0
033 000000 1043
034 000000 Y
035 000000 262
036 A000000 N
036 B000000 0
037 000000 N
038 000000 0
039 000000 N
040 000000 Y
041 000000 Y
042 A000000 0
042 B000000 0
042 C000000 0
042 D000000 100
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 9750
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.000
048 A010000 500000
048 A020000 0.500
048 B010000 500000
048 B020000 0.475
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
<PAGE> PAGE 6
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 1000000
048 K020000 0.450
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 N
054 N000000 N
054 O000000 N
055 A000000 Y
055 B000000 Y
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 1000
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
<PAGE> PAGE 7
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 0.0
066 A000000 Y
066 D000000 Y
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 Y
070 B010000 Y
070 B020000 N
070 C010000 N
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 Y
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 Y
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 N
070 M010000 Y
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 N
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 Y
070 R020000 N
071 A000000 267752
<PAGE> PAGE 8
071 B000000 222512
071 C000000 2286004
071 D000000 10
072 A000000 6
072 B000000 7227
072 C000000 27066
072 D000000 0
072 E000000 0
072 F000000 5841
072 G000000 0
072 H000000 0
072 I000000 1837
072 J000000 123
072 K000000 0
072 L000000 298
072 M000000 23
072 N000000 82
072 O000000 127
072 P000000 0
072 Q000000 0
072 R000000 22
072 S000000 50
072 T000000 9750
072 U000000 0
072 V000000 0
072 W000000 35
072 X000000 18188
072 Y000000 0
072 Z000000 16105
072AA000000 91707
072BB000000 21432
072CC010000 301816
072CC020000 0
072DD010000 0
072DD020000 0
072EE000000 0
073 A010000 0.0000
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 135
074 B000000 0
074 C000000 0
074 D000000 0
074 E000000 0
074 F000000 2804897
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 46311
074 K000000 0
<PAGE> PAGE 9
074 L000000 8611
074 M000000 57
074 N000000 2860011
074 O000000 16307
074 P000000 0
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 3307
074 S000000 0
074 T000000 2840397
074 U010000 62380
074 U020000 121365
074 V010000 16.31
074 V020000 15.44
074 W000000 0.0000
074 X000000 340856
074 Y000000 0
075 A000000 0
075 B000000 2534
076 000000 0.00
077 A000000 N
078 000000 N
080 C000000 0
081 B000000 0
082 B000000 0
083 B000000 0
084 B000000 0
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
SIGNATURE EUGENE S. STARK
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000356683
<NAME> PRUDENTIAL EQUITY FUND INC.
<SERIES>
<NUMBER> 001
<NAME> PRUDENTIAL EQUITY FUND INC. (CLASS A)
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 2,257,581,848
<INVESTMENTS-AT-VALUE> 2,804,896,952
<RECEIVABLES> 54,921,496
<ASSETS-OTHER> 192,629
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,860,011,077
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 19,614,043
<TOTAL-LIABILITIES> 19,614,043
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2,157,015,300
<SHARES-COMMON-STOCK> 183,744,312
<SHARES-COMMON-PRIOR> 169,955,560
<ACCUMULATED-NII-CURRENT> 56,432,754
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 79,633,876
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 547,315,104
<NET-ASSETS> 2,840,397,034
<DIVIDEND-INCOME> 27,066,311
<INTEREST-INCOME> 7,227,097
<OTHER-INCOME> 0
<EXPENSES-NET> 18,188,553
<NET-INVESTMENT-INCOME> 16,104,855
<REALIZED-GAINS-CURRENT> 70,275,088
<APPREC-INCREASE-CURRENT> 301,816,359
<NET-CHANGE-FROM-OPS> 388,196,302
<EQUALIZATION> (7,361,338)
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,196,420,818
<NUMBER-OF-SHARES-REDEEMED> (987,010,424)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 590,245,358
<ACCUMULATED-NII-PRIOR> 47,689,237
<ACCUMULATED-GAINS-PRIOR> 9,358,788
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 5,841,182
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 18,188,553
<AVERAGE-NET-ASSETS> 757,402,000
<PER-SHARE-NAV-BEGIN> 13.24
<PER-SHARE-NII> 0.13
<PER-SHARE-GAIN-APPREC> 2.12
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 15.49
<EXPENSE-RATIO> 0.92
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000356683
<NAME> PRUDENTIAL EQUITY FUND INC.
<SERIES>
<NUMBER> 002
<NAME> PRUDENTIAL EQUITY FUND INC. (CLASS B)
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 2,257,581,848
<INVESTMENTS-AT-VALUE> 2,804,896,952
<RECEIVABLES> 54,921,496
<ASSETS-OTHER> 192,629
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,860,011,077
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 19,614,043
<TOTAL-LIABILITIES> 19,614,043
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2,157,015,300
<SHARES-COMMON-STOCK> 183,744,312
<SHARES-COMMON-PRIOR> 169,955,560
<ACCUMULATED-NII-CURRENT> 56,432,754
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 79,633,876
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 547,315,104
<NET-ASSETS> 2,840,397,034
<DIVIDEND-INCOME> 27,066,311
<INTEREST-INCOME> 7,227,097
<OTHER-INCOME> 0
<EXPENSES-NET> 18,188,553
<NET-INVESTMENT-INCOME> 16,104,855
<REALIZED-GAINS-CURRENT> 70,275,088
<APPREC-INCREASE-CURRENT> 301,816,359
<NET-CHANGE-FROM-OPS> 388,196,302
<EQUALIZATION> (7,361,338)
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,196,420,818
<NUMBER-OF-SHARES-REDEEMED> (987,010,424)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 590,245,358
<ACCUMULATED-NII-PRIOR> 47,689,237
<ACCUMULATED-GAINS-PRIOR> 9,358,788
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 5,841,182
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 18,188,553
<AVERAGE-NET-ASSETS> 1,769,956,000
<PER-SHARE-NAV-BEGIN> 13.24
<PER-SHARE-NII> 0.08
<PER-SHARE-GAIN-APPREC> 2.12
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 15.44
<EXPENSE-RATIO> 1.67
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000356683
<NAME> PRUDENTIAL EQUITY FUND INC.
<SERIES>
<NUMBER> 003
<NAME> PRUDENTIAL EQUITY FUND INC. (CLASS C)
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 2,257,581,848
<INVESTMENTS-AT-VALUE> 2,804,896,952
<RECEIVABLES> 54,921,496
<ASSETS-OTHER> 192,629
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,860,011,077
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 19,614,043
<TOTAL-LIABILITIES> 19,614,043
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2,157,015,300
<SHARES-COMMON-STOCK> 183,744,312
<SHARES-COMMON-PRIOR> 169,955,560
<ACCUMULATED-NII-CURRENT> 56,432,754
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 79,633,876
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 547,315,104
<NET-ASSETS> 2,840,397,034
<DIVIDEND-INCOME> 27,066,311
<INTEREST-INCOME> 7,227,097
<OTHER-INCOME> 0
<EXPENSES-NET> 18,188,553
<NET-INVESTMENT-INCOME> 16,104,855
<REALIZED-GAINS-CURRENT> 70,275,088
<APPREC-INCREASE-CURRENT> 301,816,359
<NET-CHANGE-FROM-OPS> 388,196,302
<EQUALIZATION> (7,361,338)
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,196,420,818
<NUMBER-OF-SHARES-REDEEMED> (987,010,424)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 590,245,358
<ACCUMULATED-NII-PRIOR> 47,689,237
<ACCUMULATED-GAINS-PRIOR> 9,358,788
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 5,841,182
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 18,188,553
<AVERAGE-NET-ASSETS> 6,904,000
<PER-SHARE-NAV-BEGIN> 13.24
<PER-SHARE-NII> 0.08
<PER-SHARE-GAIN-APPREC> 2.12
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 15.44
<EXPENSE-RATIO> 1.67
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>