<PAGE> PAGE 1
000 B000000 12/31/95
000 C000000 0000004123
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 Y
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 ENTERPRISE GROUP OF FUNDS, INC.
001 B000000 811-1582
001 C000000 4042611116
002 A000000 3343 PEACHTREE ROAD,SUITE 450
002 B000000 ATLANTA
002 C000000 GA
002 D010000 30326
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 10
007 C010100 1
007 C020100 GROWTH PORTFOLIO
007 C030100 N
007 C010200 2
007 C020200 GROWTH & INCOME PORTFOLIO
007 C030200 N
007 C010300 3
007 C020300 CAPITAL APPRECIATION PORTFOLIO
007 C030300 N
007 C010400 4
007 C020400 INTERNATIONAL GROWTH PORTFOLIO
007 C030400 N
007 C010500 5
007 C020500 GOVERNMENT PORTFOLIO
007 C030500 N
007 C010600 6
007 C020600 HIGH-YIELD BOND PORTFOLIO
007 C030600 N
007 C010700 7
007 C020700 TAX-EXEMPT INCOME PORTFOLIO
007 C030700 N
007 C010800 8
007 C020800 MONEY MARKET PORTFOLIO
007 C030800 N
007 C010900 9
007 C020900 SMALL COMPANY PORTFOLIO
007 C030900 N
007 C011000 10
007 C021000 MANAGED PORTFOLIO
<PAGE> PAGE 2
007 C031000 N
077 A000000 Y
080 C00AA00 7500
081 A00AA00 Y
081 B00AA00 3
082 A00AA00 Y
082 B00AA00 50
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
062 A000100 N
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
071 A000100 48910
071 B000100 47280
071 C000100 104282
071 D000100 45
072 A000100 12
074 N000100 129467
074 T000100 127130
075 A000100 0
075 B000100 106886
062 A000200 N
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
<PAGE> PAGE 3
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
071 A000200 12901
071 B000200 12726
071 C000200 49734
071 D000200 26
072 A000200 12
074 N000200 63562
074 T000200 62991
075 A000200 0
075 B000200 55965
062 A000300 N
062 B000300 0.0
062 C000300 0.0
062 D000300 0.0
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
071 A000300 72411
071 B000300 75327
071 C000300 111092
071 D000300 65
072 A000300 12
074 N000300 124663
074 T000300 123159
075 A000300 0
075 B000300 115942
062 A000400 N
062 B000400 0.0
062 C000400 0.0
062 D000400 0.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
<PAGE> PAGE 4
062 I000400 0.0
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 0.0
062 N000400 0.0
062 O000400 0.0
062 P000400 0.0
062 Q000400 0.0
062 R000400 0.0
071 A000400 10796
071 B000400 8366
071 C000400 26868
071 D000400 31
072 A000400 12
074 N000400 33241
074 T000400 32832
075 A000400 0
075 B000400 29788
062 A000500 Y
062 B000500 0.0
062 C000500 95.0
062 D000500 2.0
062 E000500 0.0
062 F000500 0.0
062 G000500 0.0
062 H000500 0.0
062 I000500 3.0
062 J000500 0.0
062 K000500 0.0
062 L000500 0.0
062 M000500 0.0
062 N000500 0.0
062 O000500 0.0
062 P000500 0.0
062 Q000500 0.0
062 R000500 0.0
071 A000500 0
071 B000500 5467
071 C000500 83526
071 D000500 0
072 A000500 12
074 N000500 89639
074 T000500 88348
075 A000500 0
075 B000500 86360
062 A000600 Y
062 B000600 1.0
062 C000600 0.0
062 D000600 2.0
062 E000600 0.0
<PAGE> PAGE 5
062 F000600 0.0
062 G000600 0.0
062 H000600 0.0
062 I000600 0.0
062 J000600 0.0
062 K000600 0.0
062 L000600 0.0
062 M000600 0.0
062 N000600 0.0
062 O000600 0.0
062 P000600 97.0
062 Q000600 0.0
062 R000600 0.0
071 A000600 49695
071 B000600 43172
071 C000600 48756
071 D000600 89
072 A000600 12
074 N000600 55375
074 T000600 55134
075 A000600 0
075 B000600 51322
062 A000700 Y
062 B000700 0.0
062 C000700 0.0
062 D000700 0.0
062 E000700 0.0
062 F000700 0.0
062 G000700 0.0
062 H000700 0.0
062 I000700 0.0
062 J000700 0.0
062 K000700 0.0
062 L000700 0.0
062 M000700 0.0
062 N000700 0.0
062 O000700 99.0
062 P000700 0.0
062 Q000700 1.0
062 R000700 0.0
071 A000700 251
071 B000700 2864
071 C000700 33411
071 D000700 1
072 A000700 12
074 N000700 34654
074 T000700 34537
075 A000700 0
075 B000700 34594
062 A000800 Y
062 B000800 0.0
<PAGE> PAGE 6
062 C000800 0.0
062 D000800 1.0
062 E000800 0.0
062 F000800 0.0
062 G000800 0.0
062 H000800 0.0
062 I000800 99.0
062 J000800 0.0
062 K000800 0.0
062 L000800 0.0
062 M000800 0.0
062 N000800 0.0
062 O000800 0.0
062 P000800 0.0
062 Q000800 0.0
062 R000800 0.0
071 A000800 0
071 B000800 0
071 C000800 0
071 D000800 0
072 A000800 12
074 N000800 41954
074 T000800 40719
075 A000800 34901
075 B000800 0
062 A000900 N
062 B000900 0.0
062 C000900 0.0
062 D000900 0.0
062 E000900 0.0
062 F000900 0.0
062 G000900 0.0
062 H000900 0.0
062 I000900 0.0
062 J000900 0.0
062 K000900 0.0
062 L000900 0.0
062 M000900 0.0
062 N000900 0.0
062 O000900 0.0
062 P000900 0.0
062 Q000900 0.0
062 R000900 0.0
071 A000900 8380
071 B000900 8628
071 C000900 22987
071 D000900 37
072 A000900 12
074 N000900 23743
074 T000900 23414
075 A000900 0
<PAGE> PAGE 7
075 B000900 24710
062 A001000 N
062 B001000 0.0
062 C001000 0.0
062 D001000 0.0
062 E001000 0.0
062 F001000 0.0
062 G001000 0.0
062 H001000 0.0
062 I001000 0.0
062 J001000 0.0
062 K001000 0.0
062 L001000 0.0
062 M001000 0.0
062 N001000 0.0
062 O001000 0.0
062 P001000 0.0
062 Q001000 0.0
062 R001000 0.0
071 A001000 74562
071 B001000 8625
071 C001000 32678
071 D001000 26
072 A001000 12
074 N001000 92127
074 T001000 91296
075 A001000 0
075 B001000 54285
SIGNATURE CATHERINE R. MCCLELLEN
TITLE SECRETARY
To the Board of Directors
The Enterprise Group of Funds, Inc.:
In planning and performing our audit of the financial
statements of The Enterprise Group of Funds, Inc. for the
year ended December 31, 1995, we considered its internal
control structure, including procedures for safeguarding
securities, in order to determine our auditing procedures
for the purpose of expressing our opinion on the financial
statements and to comply with the requirements of Form N-
SAR, not to provide assurance on the internal control
structure.
The management of The Enterprise Group of Funds, Inc. is
responsible for establishing and maintaining an internal
control structure. In fulfilling this responsibility,
estimates and judgments by management are required to assess
the expected benefits and related costs of internal control
structure policies and procedures. Two of the objectives of
an internal control structure are to provide management with
reasonable, but not absolute, assurance that assets are
safeguarded against loss from unauthorized use or
disposition and transactions are executed in accordance with
management's authorization and recorded properly to permit
preparation of financial statements in conformity with
generally accepted accounting principles.
Because of inherent limitations in any internal control
structure, errors or irregularities may occur and may not be
detected. Also, projection of any evaluation of the
structure to future periods is subject to the risk that it
may become inadequate because of changes in conditions or
that the effectiveness of the design and operation may
deteriorate.
Our consideration of the internal control structure would
not necessarily disclose all matters in the internal control
structure that might be material weaknesses under standards
established by the American Institute of Certified Public
Accountants. A material weakness is a condition in which the
design or operation of the specific internal control
structure elements does not reduce to a relatively low level
the risk that errors or irregularities in amounts that would
be material in relation to the financial statements being
audited may occur and not be detected within a timely period
by employees in the normal course of performing their
assigned functions. However, we noted no matters involving
the internal control structure, including procedures for
safeguarding securities, that we consider to be material
weaknesses as defined above as of December 31, 1995.
This report is intended solely for the information and use
of management and the Board of Directors of the Enterprise
Group of Funds and the Securities and Exchange Commission.
Coopers & Lybrand L.L.P.
Atlanta, Georgia
February 22, 1996