<PAGE>
PAGE 1
March 17, 1994
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549-1004
ATTN: Ms. Patsy Mengiste
Document Control - EDGAR
Re: IDS Bond Fund, Inc. File No. 2-51586/811-2503
IDS Discovery Fund, Inc. File No. 2-72174/811-3178
IDS Equity Select Fund, Inc. File No. 2-13188/811-772
IDS Extra Income Fund, Inc. File No. 2-86637/811-3848
IDS Federal Income Fund, Inc. File No. 2-96512/811-4260
IDS Global Series, Inc. File No. 33-25824/811-5696
IDS Global Bond Fund
IDS Global Growth Fund
IDS Growth Fund, Inc. File No. 2-38355/811-2111
IDS High Yield Tax-Exempt Fund, Inc.File No. 2-63552/811-2901
IDS International Fund, Inc. File No. 2-92309/811-4075
IDS Investment Series, Inc. File No. 2-11328/811-54
IDS Diversified Equity Fund
IDS Mutual
IDS Managed Retirement Fund, Inc. File No. 2-93801/811-4133
IDS Money Market Series, Inc.
IDS Cash Management Fund File No. 2-54516/811-2591
IDS New Dimensions Fund, Inc. File No. 2-28529/811-1629
IDS Precious Metals Fund, Inc. File No. 2-93745/811-4132
IDS Progressive Fund, Inc. File No. 2-30059/811-1714
IDS Selective Fund, Inc. File No. 2-10700/811-499
IDS Stock Fund, Inc. File No. 2-11358/811-498
IDS Strategy Fund, Inc. File No. 2-89288/811-3956
Strategy Aggressive Fund
Equity Value Fund
IDS Tax-Exempt Bond Fund, Inc. File No. 2-57328/811-2686
IDS Utilities Income Fund, Inc. File No. 33-20872/811-5522
IDS California Tax-Exempt Trust
IDS California Tax-Exempt Fund File No. 33-5103/811-4646
IDS Special Tax-Exempt Series Trust File No. 33-5102/811-4647
IDS Insured Tax-Exempt Fund
IDS Massachusetts Tax-Exempt Fund
IDS Michigan Tax-Exempt Fund
IDS Minnesota Tax-Exempt Fund
IDS New York Tax-Exempt Fund
IDS Ohio Tax-Exempt Fund<PAGE>
PAGE 2
Securities and Exchange Commission
March 17, 1995
Page 2
Dear Ms. Mengiste:
Registrant certifies that the form of prospectus and Statement of
Additional that would have been filed under paragraph (c) of Rule
497 would not have differed from that contained in the most recent
Registration Statement or Amendment, and the text of the most
recent Registration Statement or Amendment has been filed
electronically.
Sincerely,
IDS MUTUAL FUND GROUP
Leslie L. Ogg
Vice President, General Counsel and Treasurer
LLO/HB/cah
