PRUDENTIAL EQUITY FUND
NSAR-A, 1996-08-27
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<PAGE>      PAGE  1
000 A000000 06/30/96
000 C000000 0000356683
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<PAGE>      PAGE  2
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011 C030002 10292
012 A000001 PRUDENTIAL MUTUAL FUND SERVICES, INC.
012 B000001 85-4110019
012 C010001 EDISON
012 C020001 NJ
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013 B020001 NY
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014 B000003 8-38739
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015 B000001 C
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015 C020001 MA
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015 B000002 S
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015 A000003 THE HONG KONG AND SHANGHAI BANKING CORP. LTD.
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020 B000005 1330826946
020 C000005     33
020 A000006 INVESTMENT TECHNOLOGY GROUP
020 B000006 95-3282828
020 C000006     33
020 A000007 PRUDENTIAL SECURITIES INC.
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020 C000007     33
020 A000008 BERNSTEIN (SANFORD C.) & CO., INC.
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020 C000008     32
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022 C000002  23371538
022 D000002       467
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022 C000005   3781104
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022 C000006   3432402
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022 C000008   1679623
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022 B000009 04-1867445
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SIGNATURE   EUGENE S. STARK                              
TITLE       TREASURER           
 


For the six-month period ended (a) June 30, 1996
File number (c) 811-3326

                         SUB-ITEM 77-0

                           EXHIBITS

         Transactions Effected Pursuant to Rule 10f-3

I.   Prudential Equity Fund

1.   Name of Issuer
      Associates First Capital

2.   Date of Purchase
       5/7/96

3.   Number of Securities Purchased
       192,400

4.   Dollar Amount of Purchase
       $5,579,600

5.   Price Per Unit
       $29.00

6.   Name(s) of Underwriter(s) or Dealer(s)
     From whom Purchased
       Goldman Sachs

7.   Other members of the Underwriting Syndicate
       See Exhibit A




EXHIBIT A

UNDERWRITER

Goldman Sachs & Co.
CS First Boston Corporation
Merrill Lynch, Pierce, Fenner & Smith Incorporated
J.P. Morgan Securities Inc.
Bear, Stearns & Co. Inc.
Lehman Brothers Inc.
Saloman Brothers Inc.
Alex Brown & Sons Incorporated
Chase Securities Inc.
Citicorp Securities, Inc.
Dean Witter Reynolds Inc.
Deutsche Morgan Grenfell/C.J. Lawrence Inc.
Donaldson, Lufkin & Jenrette Securities Corporation
A.G. Edwards & Sons, Inc.
EVEREN Securities, Inc.
Montgomery Securities
Morgan Stanley & Co. Incorporated
Oppenheimer & Co., Inc.
PaineWebber Incorporated
Prudential Securities Incorporated
Smith Barney Inc.
Wasserstein Perella Securities, Inc.
Advest, Inc.
Sanford C. Bernstein & Co., Inc.
William Blair & Company, L.L.C.
J.C. Bradford Co.
Dain Bosworth Incorporated
Furman Selz LLC
Edward D. Jones & Co.
Legg Mason Wood Walker Incorporated
McDonald & Company Securities, Inc.
Piper Jaffray Inc.
Rauscher Pierce Refsnes, Inc.
The Robinson-Humphrey Company, Inc.
Stephens Inc.
Sutro & Co. Incorporated
Wheat, First Securities, Inc.
First of Michigan Corporation
First Southwest Company
Gruntal & Co., Incorporated
Guzman & Company
NatCity Investments, Inc.
Samuel A. Ramirez & Co., Inc.
Roney & Co., LLC
Scott & Stringfellow, Inc.
Muriel Siebert & Co., Inc.
Stifel, Nicolaus & Company, Incorporated
Utendahl Capital Partners, L.P.
The Williams Capital Group, L.P.


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    <PER-SHARE-NII>                                   1.10
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    <PER-SHARE-DIVIDEND>                              0.00
    <PER-SHARE-DISTRIBUTIONS>                        (0.48)
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    <EXPENSE-RATIO>                                   1.63
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    <AVG-DEBT-PER-SHARE>                              0.00
            


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>






    <ARTICLE> 6
    <CIK> 0000356683
    <NAME> PRUDENTIAL EQUITY FUND, INC.
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       <NUMBER> 004
       <NAME> PRUDENTIAL EQUITY FUND (CLASS Z)
           
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</TABLE>


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