<PAGE> PAGE 1
000 B000000 06/30/96
000 C000000 0000036563
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 FIRST MUTUAL FUNDS
001 B000000 811-879
001 C000000 2127597755
002 A000000 845 THIRD AVENUE, 6TH FLOOR
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10022
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 1
007 C010100 1
007 C020100 FIRST MUTUAL FUNDS
007 C030100 N
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 A00AA01 TRAINER,WORTHAM & CO., INC.
008 B00AA01 A
008 C00AA01 801-37621
008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10022
010 A00AA01 FUND/PLAN SERVICES, INC.
010 B00AA01 34910
010 C01AA01 CONSHOHOCKEN
010 C02AA01 PA
010 C03AA01 19428
010 C04AA01 0874
011 A00AA01 FUND/PLAN BROKER SERVICES, INC.
011 B00AA01 8-41540
011 C01AA01 CONSHOHOCKEN
011 C02AA01 PA
011 C03AA01 19428
<PAGE> PAGE 2
011 C04AA01 0874
012 A00AA01 FUND/PLAN SERVICES, INC.
012 B00AA01 84-932
012 C01AA01 CONSHOHOCKEN
012 C02AA01 PA
012 C03AA01 19428
012 C04AA01 0874
013 A00AA01 TAIT, WELLER & BAKER
013 B01AA01 PHILADELPHIA
013 B02AA01 PA
013 B03AA01 19102
013 B04AA01 1707
014 A00AA01 FUND/PLAN BROKER SERVICES, INC.
014 B00AA01 8-41540
015 A00AA01 UNITED MISSOURI BANK
015 B00AA01 C
015 C01AA01 KANSAS CITY
015 C02AA01 MO
015 C03AA01 64141
015 E01AA01 X
018 00AA00 Y
019 A00AA00 N
019 B00AA00 0
020 A000001 REYNDER, GRAY & CO., INC.
020 B000001 13-2942212
020 C000001 21
020 A000002 BROADCOURT CAPITAL CORP.
020 B000002 13-3216892
020 C000002 12
020 A000003 WILLIAM O'NEIL & CO.
020 B000003 95-2269163
020 C000003 6
020 A000004 C.L. GLAZER & CO.
020 B000004 22-2370532
020 C000004 5
020 A000005 INSTINET CORP.
020 B000005 13-3443395
020 C000005 5
020 A000006 BEAR STEARNS & CO., INC.
020 B000006 13-3299429
020 C000006 3
020 A000007 DAVENPORT & CO. OF VIRGINIA, INC.
020 B000007 54-0901611
020 C000007 3
020 A000008 FIRST ALBANY CORP.
020 B000008 14-1391446
020 C000008 2
020 A000009 INTERSTATE/JOHNSON LANE CORP.
020 B000009 56-0276690
020 C000009 2
020 A000010 CLARKE, G.X. & CO.
<PAGE> PAGE 3
020 B000010 13-2969143
020 C000010 2
021 000000 73
022 A000001 1) UNITED MISSOURI BANK
022 B000001 44-0201230
022 C000001 5945
022 D000001 2197
022 A000002 2) SOUTH COAST CAPTIAL, CORP.
022 B000002 72-1164960
022 C000002 1680
022 D000002 544
022 A000003 3) RAYMOND JAMES & ASSOCIATES, INC.
022 B000003 59-1237041
022 C000003 883
022 D000003 813
022 A000004 4) DONALDSON LUFKIN & JENRETTE
022 B000004 13-2741729
022 C000004 1138
022 D000004 364
022 A000005 5) PRUDENTIAL BACHE SECURITIES, INC.
022 B000005 22-2347336
022 C000005 1112
022 D000005 0
022 A000006 6) MERRILL LYNCH PIERCE FENNER & SMITH
022 B000006 13-5674085
022 C000006 120
022 D000006 962
022 A000007 7) LEHMAN BROTHERS SECURITIES, INC.
022 B000007 13-2518466
022 C000007 435
022 D000007 644
022 A000008 8) BEAR STEARNS & CO., INC.
022 B000008 13-3299429
022 C000008 530
022 D000008 479
022 A000009 9) UBS SECURITIES, INC.
022 B000009 13-2932996
022 C000009 420
022 D000009 466
022 A000010 10) OPPENHEIMER & CO. INC.
022 B000010 13-2798343
022 C000010 511
022 D000010 311
023 C000000 18277
023 D000000 8932
024 00AA00 N
025 D00AA01 0
025 D00AA02 0
025 D00AA03 0
025 D00AA04 0
025 D00AA05 0
<PAGE> PAGE 4
025 D00AA06 0
025 D00AA07 0
025 D00AA08 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 A01AA00 464
028 A02AA00 -2
028 A03AA00 0
028 A04AA00 308
028 B01AA00 263
028 B02AA00 0
028 B03AA00 0
028 B04AA00 234
028 C01AA00 73
028 C02AA00 0
028 C03AA00 0
028 C04AA00 22
028 D01AA00 474
028 D02AA00 0
028 D03AA00 0
028 D04AA00 81
028 E01AA00 377
028 E02AA00 0
028 E03AA00 0
028 E04AA00 26
028 F01AA00 195
028 F02AA00 0
028 F03AA00 0
028 F04AA00 45
028 G01AA00 1846
028 G02AA00 -2
028 G03AA00 0
028 G04AA00 716
028 H00AA00 0
062 A00AA00 N
062 B00AA00 0.0
062 C00AA00 0.0
062 D00AA00 0.0
062 E00AA00 0.0
062 F00AA00 0.0
062 G00AA00 0.0
062 H00AA00 0.0
062 I00AA00 0.0
<PAGE> PAGE 5
062 J00AA00 0.0
062 K00AA00 0.0
062 L00AA00 0.0
062 M00AA00 0.0
062 N00AA00 0.0
062 O00AA00 0.0
062 P00AA00 0.0
062 Q00AA00 0.0
062 R00AA00 0.0
071 A00AA00 27044
071 B00AA00 26694
071 C00AA00 24943
071 D00AA00 107
072 A00AA00 12
074 N00AA00 32181
074 T00AA00 32147
075 A00AA00 0
075 B00AA00 25600
077 A000000 Y
080 A00AA00 GULF INSURANCE COMPANY
080 C00AA00 300
081 A00AA00 N
081 B00AA00 0
082 A00AA00 Y
082 B00AA00 10
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
SIGNATURE KELLY DIGAN
TITLE CORP. COMPLIANCE ADM
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000036563
<NAME> FIRST MUTUAL FUNDS
<SERIES>
<NUMBER> 1
<NAME> FIRST MUTUAL FUNDS
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> JUN-30-1996
<PERIOD-START> JUL-01-1995
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 22,208,555
<INVESTMENTS-AT-VALUE> 30,675,348
<RECEIVABLES> 790,412
<ASSETS-OTHER> 715,466
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 32,181,226
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 34,090
<TOTAL-LIABILITIES> 34,090
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 19,391,533
<SHARES-COMMON-STOCK> 2,327,103
<SHARES-COMMON-PRIOR> 2,022,956
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 4,288,810
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 8,466,793
<NET-ASSETS> 32,147,136
<DIVIDEND-INCOME> 220,569
<INTEREST-INCOME> 14,981
<OTHER-INCOME> 0
<EXPENSES-NET> 444,413
<NET-INVESTMENT-INCOME> (208,863)
<REALIZED-GAINS-CURRENT> 5,869,876
<APPREC-INCREASE-CURRENT> 4,618,568
<NET-CHANGE-FROM-OPS> 10,279,581
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 1,927,263
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 259,258
<NUMBER-OF-SHARES-REDEEMED> 109,829
<SHARES-REINVESTED> 154,718
<NET-CHANGE-IN-ASSETS> 11,865,758
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 555,060
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 191,340
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 444,413
<AVERAGE-NET-ASSETS> 25,599,611
<PER-SHARE-NAV-BEGIN> 10.03
<PER-SHARE-NII> (0.09)
<PER-SHARE-GAIN-APPREC> 4.79
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.92)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.81
<EXPENSE-RATIO> 1.74
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
