DAILY CASH ACCUMULATION FUND INC
24F-2NT, 1998-02-18
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                                UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                                   FORM 24F-2
                        Annual Notice of Securities Sold
                             Pursuant to Rule 24f-2

1.    Name and address of issuer: 
      
      Daily Cash Accumulation Fund, Inc.
      6803 South Tucson Way
      Englewood, Colorado  80112


2.    Name of each  series or class of  securities  for which this Form is filed
      (If the Form is being filed for all series and class of  securities of the
      issuer, check the box but do not list series or classes):           / X /

3.    Investment  Company Act File Number:  811-2346 
      Securities Act File Number:           2-46891

4(a). Last day of fiscal year for which this Form is filed:  2/20/98

4(b). /   / Check box if this Form is being  filed late  (i.e.,  more that 90
            calendar  days  after the end of the  issuer's  fiscal  year).  (See
            instruction A.2)

Note: If the Form is being filed late, interest must be paid on the registration
fee due.

4(c). / X / Check box if this is the last time the  issuer  will be filing  this
            Form.

5. Calculation of registration fee:

      (i)   Aggregate sale price of securities sold during the fiscal year 
            pursuant to section 24(f):                            $6,390,294,587
         
      (ii)  Aggregate price of securities redeemed or repurchased during the
            fiscal year:                                          $9,991,629,395

      (iii) Aggregate  price of securities  redeemed or  repurchased  during any
            prior  fiscal year ending no earlier than October 11, 1995 that were
            not  previously  used to reduce  registration  fees  payable  to the
            Commission:                                           $   -0-

      (iv)  Total available redemption credits [add items 5(ii) and 5(iii)]:
                                                                  $9,991,629,395

      (v)   Net sales - if Item 5(i) is greater than Item 5(iv) [subtract Item 
            5(iv) from Item 5(i)]:                                $   -0-

      (vi)  Redemption credits available for use in future years -- if Item 5(i)
            is less than Item 5(iv) [subtract Item 5(iv from Item 5(i)]:
                                                                  $   N/A

      (vii) Multiplier for determining registration fee (See Instruction C.9):
                                                                  x  .000295

      (viii)Registration fee due [multiple Item 5(v) by Item 5(vii)] (enter "0"
            if no fee is due):                                    = $  -0-
                                                                  ============
6.    Prepaid Shares:

      If the  response to Item 5(i) was  determined  by  deducting  an amount of
      securities that were registered  under the Securities Act of 1933 pursuant
      to rule 24e-2 as in effect before October 11, 1997, then report the amount
      of securities  (number of shares or other units)  deducted  here: -0-.  If
      there is a number of shares or other units that were  registered  pursuant
      to rule 24e-2  remaining  unsold at the end of the fiscal year for which 
      this form is filed that are  available for use by the issuer in future 
      fiscal years, then state that number here:  -0-

7. Interest due:

     If this Form is being filed more than 90 days after the end of the issuer's
     fiscal year (see Instruction D):  N/A

8.   Total of the amount of the registration fee due plus any interest due [line
     5(viii) plus line 7]:                                        = $  -0- 
                                                                  ============

9.    Date  the  registration  fee  and any  interest  payment  was  sent to the
      Commission's lockbox depository:

            Method of Delivery:             N/A

                                  SIGNATURES

This  report has been  signed  below by the  following  persons on behalf of the
issuer and in the capacities and on the dates indicated.

By:   /s/ Robert J. Bishop
      Robert J. Bishop, Assistant Treasurer

Date: February 18, 1998

cc:   Allan Adams, Esq.
      Katherine P. Feld, Esq.
      Gloria LaFond



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