IDS EQUITY SELECT FUND INC
NSAR-B, 1996-01-29
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<PAGE>      PAGE  1
000 B000000 11/30/95
000 C000000 0000052445
000 D000000 N
000 E000000 F
000 F000000 Y
000 G000000 N
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000 I000000 3.0.a
000 J000000 U
001 A000000 IDS EQUITY SELECT FUND, INC.
001 B000000 811-772
001 C000000 6126712772
002 A000000 IDS TOWER 10
002 B000000 MINNEAPOLIS
002 C000000 MD
002 D010000 55440
002 D020000 0010
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  3
020 A000001 AMERICAN ENTERPRISE INVESTMENT SERVICES INC.
020 B000001 4116670866
020 C000001    112
020 A000002 MERRILL LYNCH & CO., INC.
020 B000002 13-5674085
020 C000002     72
020 A000003 MORGAN STANLEY & CO., INC.
020 B000003 13-2655998
020 C000003     70
020 A000004 KLEINWORT, BENSON, NORTH AMERICA INC.
020 B000004 13-2647786
020 C000004     68
020 A000005 SALOMON BROTHERS INC.
020 B000005 13-3082694
020 C000005     43
020 A000006 CAPITAL INSTITUTIONAL SERVICES
020 B000006 75-1565705
020 C000006     41
020 A000007 PAINE WEBBER INC.
020 B000007 13-2638166
020 C000007     38
020 A000008 DONALDSON LUFKIN JENRETTE SEC. CORP.
020 B000008 13-2741729
020 C000008     38
020 A000009 ROULSTON RESEARCH CORP.
020 B000009 34-0921514
020 C000009     33
020 A000010 WEEDEN & CO. L.P.
<PAGE>      PAGE  2
020 B000010 13-3364318
020 C000010     29
021  000000      914
022 A000001 GOLDMAN SACHS & CO.
022 B000001 13-5108880
022 C000001    139408
022 D000001     16864
022 A000002 MERRILL LYNCH & CO., INC.
022 B000002 13-5674085
022 C000002     89431
022 D000002     21837
022 A000003 LEHMAN COMMERCIAL PAPER INC.
022 B000003 13-2501865
022 C000003     84351
022 D000003     15554
022 A000004 MORGAN STANLEY & CO., INC.
022 B000004 13-2655998
022 C000004     35523
022 D000004     28814
022 A000005 MORGAN GUARANTY
022 B000005 13-3224016
022 C000005     46006
022 D000005      2598
022 A000006 NATIONSBANK
022 B000006 75-0520130
022 C000006     39364
022 D000006      8874
022 A000007 BANKERS TRUST
022 B000007 13-4941247
022 C000007     31245
022 D000007         0
022 A000008 BANK OF AMERICA
022 B000008 94-1687655
022 C000008     21104
022 D000008      5695
022 A000009 CS FIRST BOSTON GROUP
022 B000009 13-5659485
022 C000009     25570
022 D000009      1098
022 A000010 SMITH BARNEY INC.
022 B000010 13-1912900
022 C000010     15389
022 D000010      4842
023 C000000     600753
023 D000000     144694
025 A00AA01 MORGAN STANLEY GROUP
025 B00AA01 13-2655998
025 C00AA01 E
025 D00AA01    8625
025 A00AA02 FIRST CHICAGO CAPITAL MKTS.
025 B00AA02 36-3595942
<PAGE>      PAGE  3
025 C00AA02 E
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025 A00AA03 SALOMON BROTHERS INC.
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080 A00AA00 RELIANCE INSURANCE COMPANY
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<PAGE>      PAGE  7
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SIGNATURE   LESLIE L. OGG                                
TITLE       VICE PRESIDENT      
 


<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 1
   <NAME> EQUITY PORTFOLIO
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1996
<PERIOD-END>                               OCT-31-1995
<INVESTMENTS-AT-COST>                        267361850
<INVESTMENTS-AT-VALUE>                       331060647
<RECEIVABLES>                                  5769706
<ASSETS-OTHER>                                 2230137
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               339060490
<PAYABLE-FOR-SECURITIES>                      11437892
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       947788
<TOTAL-LIABILITIES>                           12385680
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     232871176
<SHARES-COMMON-STOCK>                         13319730
<SHARES-COMMON-PRIOR>                         12024452
<ACCUMULATED-NII-CURRENT>                       (5675)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       30110512
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      63698797
<NET-ASSETS>                                 326674810
<DIVIDEND-INCOME>                               316957
<INTEREST-INCOME>                              1090372
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (1091520)
<NET-INVESTMENT-INCOME>                         315809
<REALIZED-GAINS-CURRENT>                      30245567
<APPREC-INCREASE-CURRENT>                     25850280
<NET-CHANGE-FROM-OPS>                         56411656
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (310176)
<DISTRIBUTIONS-OF-GAINS>                       (76149)
<DISTRIBUTIONS-OTHER>                           (5675)
<NUMBER-OF-SHARES-SOLD>                        1428988
<NUMBER-OF-SHARES-REDEEMED>                   (149922)
<SHARES-REINVESTED>                              16212
<NET-CHANGE-IN-ASSETS>                        85642809
<ACCUMULATED-NII-PRIOR>                        1057832
<ACCUMULATED-GAINS-PRIOR>                      5224750
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          1032720
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1091520
<AVERAGE-NET-ASSETS>                         253534279
<PER-SHARE-NAV-BEGIN>                            20.05
<PER-SHARE-NII>                                    .02
<PER-SHARE-GAIN-APPREC>                           4.49
<PER-SHARE-DIVIDEND>                             (.02)
<PER-SHARE-DISTRIBUTIONS>                        (.01)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              24.53
<EXPENSE-RATIO>                                    .75
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 2
   <NAME> IDS EQUITY SELECT FUND CLASS B
       
<S>                             <C>
<PERIOD-TYPE>                   OTHER
<FISCAL-YEAR-END>                          NOV-30-1995
<PERIOD-START>                             MAR-20-1995
<PERIOD-END>                               NOV-30-1995
<INVESTMENTS-AT-COST>                        500823374
<INVESTMENTS-AT-VALUE>                       680642265
<RECEIVABLES>                                  9029446
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               689671711
<PAYABLE-FOR-SECURITIES>                       5538845
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      3590595
<TOTAL-LIABILITIES>                            9129440
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     448119443
<SHARES-COMMON-STOCK>                           256438
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                       686538
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       51917025
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     179819265
<NET-ASSETS>                                   3156283
<DIVIDEND-INCOME>                              8736115
<INTEREST-INCOME>                              2283959
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (5173133)
<NET-INVESTMENT-INCOME>                        5846941
<REALIZED-GAINS-CURRENT>                      51890316
<APPREC-INCREASE-CURRENT>                     91992076
<NET-CHANGE-FROM-OPS>                        149729333
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (4112)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         267313
<NUMBER-OF-SHARES-REDEEMED>                    (11232)
<SHARES-REINVESTED>                                357
<NET-CHANGE-IN-ASSETS>                        99494880
<ACCUMULATED-NII-PRIOR>                       55566719
<ACCUMULATED-GAINS-PRIOR>                     27538850
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          2988666
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                5173133
<AVERAGE-NET-ASSETS>                           1282353
<PER-SHARE-NAV-BEGIN>                            10.37
<PER-SHARE-NII>                                    .05
<PER-SHARE-GAIN-APPREC>                           1.95
<PER-SHARE-DIVIDEND>                             (.06)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.31
<EXPENSE-RATIO>                                   1.68
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 3
   <NAME> IDS EQUITY SELECT FUND CLASS Y
       
<S>                             <C>
<PERIOD-TYPE>                   OTHER
<FISCAL-YEAR-END>                          NOV-30-1995
<PERIOD-START>                             MAR-20-1995
<PERIOD-END>                               NOV-30-1995
<INVESTMENTS-AT-COST>                        500823374
<INVESTMENTS-AT-VALUE>                       680642265
<RECEIVABLES>                                  9029446
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               689671711
<PAYABLE-FOR-SECURITIES>                       5538845
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      3590595
<TOTAL-LIABILITIES>                            9129440
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     448119443
<SHARES-COMMON-STOCK>                           242396
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                       686538
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       51917025
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     179819265
<NET-ASSETS>                                   2993432
<DIVIDEND-INCOME>                              8736115
<INTEREST-INCOME>                              2283959
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (5173133)
<NET-INVESTMENT-INCOME>                        5846941
<REALIZED-GAINS-CURRENT>                      51890316
<APPREC-INCREASE-CURRENT>                     91992076
<NET-CHANGE-FROM-OPS>                        149729333
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (32268)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         358846
<NUMBER-OF-SHARES-REDEEMED>                   (119339)
<SHARES-REINVESTED>                               2889
<NET-CHANGE-IN-ASSETS>                        99494880
<ACCUMULATED-NII-PRIOR>                       55566719
<ACCUMULATED-GAINS-PRIOR>                     27538850
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          2988666
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                5173133
<AVERAGE-NET-ASSETS>                           3785381
<PER-SHARE-NAV-BEGIN>                            10.37
<PER-SHARE-NII>                                    .08
<PER-SHARE-GAIN-APPREC>                           2.00
<PER-SHARE-DIVIDEND>                             (.10)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.35
<EXPENSE-RATIO>                                    .70
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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