<PAGE> PAGE 1
000 A000000 06/30/96
000 C000000 045129
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 DAILY CASH ACCUMULATION FUND
001 B000000 811-2346
001 C000000 3036713200
002 A000000 3410 SOUTH GALENA STREET
002 B000000 DENVER
002 C000000 CO
002 D010000 80231
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
008 A000001 CENTENNIAL ASSET MANAGEMENT CORPORATION
008 B000001 A
008 C000001 801-14003
008 D010001 DENVER
008 D020001 CO
008 D030001 80231
012 A000001 SHAREHOLDER SERVICES, INC.
012 B000001 84-907
012 C010001 DENVER
012 C020001 CO
012 C030001 80217
018 000000 Y
019 A000000 Y
019 B000000 7
019 C000000 CENTENNIAL
020 A000001 LEHMAN BROTHERS,INC.
020 B000001 13-2518466
020 C000001 624
020 A000002 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
020 B000002 13-5674085
020 C000002 539
020 A000003 MORGAN STANLEY & CO., INC.
020 B000003 13-2655998
020 C000003 506
020 A000004 GOLDMAN, SACHS & CO.
020 B000004 13-5108880
020 C000004 389
020 A000005 BANKERS TRUST CO.
020 B000005 13-4941247
<PAGE> PAGE 2
020 C000005 104
020 A000006 MORGAN GUARANTY TRUST CO.
020 B000006 13-5123346
020 C000006 102
020 A000007 CITICORP SECURITIES MARKETS, INC.
020 B000007 13-2771536
020 C000007 88
020 A000008 FIRST BOSTON CORP. (THE)
020 B000008 13-5659485
020 C000008 75
020 A000009 BANK OF AMERICA NT & SA
020 B000009 94-1687665
020 C000009 68
020 A000010 LAMBERSON KNIGHT CAPITAL MARKETS, INC.
020 B000010 22-2596731
020 C000010 68
021 000000 5128
022 A000001 LEHMAN BROTHERS, INC.
022 B000001 13-2518466
022 C000001 1971084
022 D000001 15007
022 A000002 MERRILL LYNCH, PIERCE, FENNER, & SMITH, INC.
022 B000002 13-5674085
022 C000002 1624372
022 D000002 0
022 A000003 MORGAN STANLEY & CO., INC.
022 B000003 13-2655998
022 C000003 967243
022 D000003 640904
022 A000004 GOLDMAN, SACHS & CO.
022 B000004 13-5108880
022 C000004 1236923
022 D000004 0
022 A000005 BANKERS TRUST CO.
022 B000005 13-4941247
022 C000005 331083
022 D000005 0
022 A000006 MORGAN GUARANTY TRUST CO.
022 B000006 13-5123346
022 C000006 324502
022 D000006 0
022 A000007 CITICORP SECURITIES MARKETS,INC./CITICORP,INC
022 B000007 13-2771536
022 C000007 279047
022 D000007 0
022 A000008 FIRST BOSTON CORP. (THE)
022 B000008 13-5659485
022 C000008 236796
022 D000008 0
022 A000009 LAMBERSON KNIGHT CAPITAL MARKETS, INC.
022 B000009 22-2596731
<PAGE> PAGE 3
022 C000009 226486
022 D000009 0
022 A000010 BANK OF AMERICA NT & SA
022 B000010 94-1687665
022 C000010 214218
022 D000010 0
023 C000000 15535474
023 D000000 676241
028 A010000 790024
028 A020000 8491
028 A030000 0
028 A040000 668760
028 B010000 617714
028 B020000 13641
028 B030000 0
028 B040000 574137
028 C010000 611677
028 C020000 16730
028 C030000 0
028 C040000 645167
028 D010000 648056
028 D020000 13237
028 D030000 0
028 D040000 703123
028 E010000 566598
028 E020000 12960
028 E030000 0
028 E040000 647933
028 F010000 498172
028 F020000 16516
028 F030000 0
028 F040000 632133
028 G010000 3732241
028 G020000 81575
028 G030000 0
028 G040000 3871253
028 H000000 0
029 000000 N
030 A000000 0
030 B000000 0.00
030 C000000 0.00
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 3595
044 000000 0
<PAGE> PAGE 4
055 A000000 N
055 B000000 N
056 000000 N
057 000000 N
062 A000000 Y
062 B000000 0.0
062 C000000 0.5
062 D000000 0.0
062 E000000 0.0
062 F000000 1.3
062 G000000 4.1
062 H000000 0.0
062 I000000 79.8
062 J000000 0.0
062 K000000 0.0
062 L000000 15.0
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 28
063 B000000 0.0
064 A000000 Y
064 B000000 N
070 A010000 Y
070 A020000 Y
070 B010000 N
070 B020000 N
070 C010000 N
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 N
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 N
<PAGE> PAGE 5
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 Y
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 0
071 B000000 0
071 C000000 0
071 D000000 0
072 A000000 6
072 B000000 99556
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 6724
072 G000000 0
072 H000000 0
072 I000000 1484
072 J000000 145
072 K000000 0
072 L000000 0
072 M000000 12
072 N000000 73
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 0
072 S000000 0
072 T000000 3595
072 U000000 0
072 V000000 0
072 W000000 90
072 X000000 12123
072 Y000000 0
072 Z000000 87433
072AA000000 2
072BB000000 1
072CC010000 0
072CC020000 0
072DD010000 87417
072DD020000 0
072EE000000 0
073 A010000 0.0226
073 A020000 0.0000
073 B000000 0.0000
<PAGE> PAGE 6
073 C000000 0.0000
074 A000000 5814
074 B000000 0
074 C000000 3491505
074 D000000 0
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 0
074 K000000 0
074 L000000 9462
074 M000000 27
074 N000000 3506808
074 O000000 0
074 P000000 464
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 40037
074 S000000 0
074 T000000 3466307
074 U010000 3466152
074 U020000 0
074 V010000 1.00
074 V020000 0.00
074 W000000 0.9999
074 X000000 345057
074 Y000000 0
075 A000000 3644000
075 B000000 0
076 000000 0.00
077 A000000 N
078 000000 N
SIGNATURE GEORGE C. BOWEN
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 45129
<NAME> Daily Cash Accumulation Fund, Inc.
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 3,491,504,558
<INVESTMENTS-AT-VALUE> 3,491,504,558
<RECEIVABLES> 9,462,058
<ASSETS-OTHER> 26,894
<OTHER-ITEMS-ASSETS> 5,814,389
<TOTAL-ASSETS> 3,506,807,899
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 40,500,649
<TOTAL-LIABILITIES> 40,500,649
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3,466,152,237
<SHARES-COMMON-STOCK> 3,466,152,237
<SHARES-COMMON-PRIOR> 3,523,588,384
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 155,013
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 3,466,307,250
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 99,556,295
<OTHER-INCOME> 0
<EXPENSES-NET> 12,122,817
<NET-INVESTMENT-INCOME> 87,433,478
<REALIZED-GAINS-CURRENT> 995
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 87,434,473
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 87,416,177
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,732,241,386
<NUMBER-OF-SHARES-REDEEMED> 3,871,252,597
<SHARES-REINVESTED> 81,575,064
<NET-CHANGE-IN-ASSETS> (57,417,851)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 136,717
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 6,724,349
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 12,122,817
<AVERAGE-NET-ASSETS> 3,644,287,564
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.02
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.02
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.67
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>