<PAGE> PAGE 1
000 B000000 11/30/95
000 C000000 0000052445
000 D000000 N
000 E000000 F
000 F000000 Y
000 G000000 N
000 H000000 N
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
025 D00AA02 9383
025 A00AA03 SALOMON BROTHERS INC.
025 B00AA03 13-3082694
025 C00AA03 E
025 D00AA03 7275
025 D00AA04 0
025 D00AA05 0
025 D00AA06 0
025 D00AA07 0
025 D00AA08 0
028 A01AA00 2089
028 A02AA00 1587
028 A03AA00 0
028 A04AA00 6108
028 B01AA00 1711
028 B02AA00 0
028 B03AA00 0
028 B04AA00 6005
028 C01AA00 2349
028 C02AA00 0
028 C03AA00 0
028 C04AA00 5446
028 D01AA00 2388
028 D02AA00 1430
028 D03AA00 0
028 D04AA00 5673
028 E01AA00 2242
028 E02AA00 0
028 E03AA00 0
028 E04AA00 5103
028 F01AA00 2254
028 F02AA00 0
028 F03AA00 0
028 F04AA00 5882
028 G01AA00 13033
028 G02AA00 3017
028 G03AA00 0
028 G04AA00 34217
028 H00AA00 5004
062 A00AA00 N
062 B00AA00 0.0
062 C00AA00 0.0
062 D00AA00 0.0
062 E00AA00 0.0
062 F00AA00 0.0
062 G00AA00 0.0
062 H00AA00 0.0
062 I00AA00 0.0
062 J00AA00 0.0
062 K00AA00 0.0
<PAGE> PAGE 4
062 L00AA00 0.0
062 M00AA00 0.0
062 N00AA00 0.0
062 O00AA00 0.0
062 P00AA00 0.0
062 Q00AA00 0.0
062 R00AA00 0.0
070 A01AA00 Y
070 A02AA00 N
070 B01AA00 Y
070 B02AA00 Y
070 C01AA00 N
070 C02AA00 N
070 D01AA00 Y
070 D02AA00 N
070 E01AA00 N
070 E02AA00 N
070 F01AA00 Y
070 F02AA00 N
070 G01AA00 N
070 G02AA00 N
070 H01AA00 Y
070 H02AA00 N
070 I01AA00 N
070 I02AA00 N
070 J01AA00 Y
070 J02AA00 Y
070 K01AA00 Y
070 K02AA00 N
070 L01AA00 Y
070 L02AA00 Y
070 M01AA00 Y
070 M02AA00 Y
070 N01AA00 Y
070 N02AA00 N
070 O01AA00 Y
070 O02AA00 N
070 P01AA00 Y
070 P02AA00 Y
070 Q01AA00 N
070 Q02AA00 N
070 R01AA00 N
070 R02AA00 N
071 A00AA00 359768
071 B00AA00 369548
071 C00AA00 581747
071 D00AA00 62
072 A00AA00 12
072 B00AA00 2284
072 C00AA00 8736
072 D00AA00 0
<PAGE> PAGE 5
072 E00AA00 0
072 F00AA00 2989
072 G00AA00 174
072 H00AA00 6
072 I00AA00 684
072 J00AA00 95
072 K00AA00 98
072 L00AA00 106
072 M00AA00 28
072 N00AA00 106
072 O00AA00 0
072 P00AA00 0
072 Q00AA00 0
072 R00AA00 24
072 S00AA00 0
072 T00AA00 91
072 U00AA00 0
072 V00AA00 0
072 W00AA00 789
072 X00AA00 5190
072 Y00AA00 17
072 Z00AA00 5847
072AA00AA00 52692
072BB00AA00 802
072CC01AA00 91992
072CC02AA00 0
072DD01AA00 6480
072DD02AA00 0
072EE00AA00 27567
073 A01AA00 0.0000
073 A02AA00 0.0000
073 B00AA00 0.0000
073 C00AA00 0.0000
074 A00AA00 0
074 B00AA00 0
074 C00AA00 28661
074 D00AA00 0
074 E00AA00 0
074 F00AA00 651981
074 G00AA00 0
074 H00AA00 0
074 I00AA00 0
074 J00AA00 8123
074 K00AA00 0
074 L00AA00 907
074 M00AA00 0
074 N00AA00 689672
074 O00AA00 5539
074 P00AA00 25
074 Q00AA00 0
074 R01AA00 0
<PAGE> PAGE 6
074 R02AA00 0
074 R03AA00 0
074 R04AA00 3566
074 S00AA00 0
074 T00AA00 680542
074 U01AA00 55126
074 U02AA00 0
074 V01AA00 0.00
074 V02AA00 0.00
074 W00AA00 0.0000
074 X00AA00 44282
074 Y00AA00 0
075 A00AA00 0
075 B00AA00 620747
076 00AA00 0.00
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
080 A00AA00 RELIANCE INSURANCE COMPANY
080 C00AA00 900
081 A00AA00 N
081 B00AA00 0
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
029 000100 Y
030 A000100 524
030 B000100 5.00
030 C000100 0.50
031 A000100 194
031 B000100 0
032 000100 0
033 000100 330
<PAGE> PAGE 7
034 000100 Y
035 000100 0
036 A000100 N
036 B000100 0
042 A000100 0
042 B000100 0
042 C000100 0
042 D000100 0
042 E000100 0
042 F000100 0
042 G000100 0
042 H000100 100
043 000100 84
044 000100 0
042 A000200 0
042 B000200 0
042 C000200 0
042 D000200 0
042 E000200 0
042 F000200 0
042 G000200 0
042 H000200 100
043 000200 7
044 000200 0
SIGNATURE LESLIE L. OGG
TITLE VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 1
<NAME> IDS EQUITY SELECT FUND CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1996
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 549509039
<INVESTMENTS-AT-VALUE> 751444569
<RECEIVABLES> 2238268
<ASSETS-OTHER> 68723
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 753751560
<PAYABLE-FOR-SECURITIES> 1356525
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 207408
<TOTAL-LIABILITIES> 1563933
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 482935215
<SHARES-COMMON-STOCK> 57379285
<SHARES-COMMON-PRIOR> 54626889
<ACCUMULATED-NII-CURRENT> 923116
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 66393392
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 201935904
<NET-ASSETS> 752187627
<DIVIDEND-INCOME> 4434701
<INTEREST-INCOME> 656571
<OTHER-INCOME> 0
<EXPENSES-NET> (3163834)
<NET-INVESTMENT-INCOME> 1927438
<REALIZED-GAINS-CURRENT> 66395583
<APPREC-INCREASE-CURRENT> 22116639
<NET-CHANGE-FROM-OPS> 90439660
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1681574)
<DISTRIBUTIONS-OF-GAINS> (51429889)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 14716689
<NUMBER-OF-SHARES-REDEEMED> (34168956)
<SHARES-REINVESTED> 50190993
<NET-CHANGE-IN-ASSETS> 34815772
<ACCUMULATED-NII-PRIOR> 5846941
<ACCUMULATED-GAINS-PRIOR> 51890316
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1878753
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3163834
<AVERAGE-NET-ASSETS> 704020148
<PER-SHARE-NAV-BEGIN> 12.35
<PER-SHARE-NII> .03
<PER-SHARE-GAIN-APPREC> 1.52
<PER-SHARE-DIVIDEND> (.03)
<PER-SHARE-DISTRIBUTIONS> (.95)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.92
<EXPENSE-RATIO> .88
<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> 6-MOS
<FISCAL-YEAR-END> MAY-31-1996
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 549509039
<INVESTMENTS-AT-VALUE> 751444569
<RECEIVABLES> 2238268
<ASSETS-OTHER> 68723
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 753751560
<PAYABLE-FOR-SECURITIES> 1356525
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 207408
<TOTAL-LIABILITIES> 1563933
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 482935215
<SHARES-COMMON-STOCK> 589949
<SHARES-COMMON-PRIOR> 256438
<ACCUMULATED-NII-CURRENT> 923116
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 66393392
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 201935904
<NET-ASSETS> 752187627
<DIVIDEND-INCOME> 4434701
<INTEREST-INCOME> 656571
<OTHER-INCOME> 0
<EXPENSES-NET> (3163834)
<NET-INVESTMENT-INCOME> 1927438
<REALIZED-GAINS-CURRENT> 66395583
<APPREC-INCREASE-CURRENT> 22116639
<NET-CHANGE-FROM-OPS> 90439660
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (273902)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4069957
<NUMBER-OF-SHARES-REDEEMED> (262468)
<SHARES-REINVESTED> 272370
<NET-CHANGE-IN-ASSETS> 34815772
<ACCUMULATED-NII-PRIOR> 5846941
<ACCUMULATED-GAINS-PRIOR> 51890316
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1878753
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3163834
<AVERAGE-NET-ASSETS> 5037242
<PER-SHARE-NAV-BEGIN> 12.31
<PER-SHARE-NII> (.02)
<PER-SHARE-GAIN-APPREC> 1.52
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.95)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.86
<EXPENSE-RATIO> 1.66
<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> 6-MOS
<FISCAL-YEAR-END> MAY-31-1996
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 549509039
<INVESTMENTS-AT-VALUE> 751444569
<RECEIVABLES> 2238268
<ASSETS-OTHER> 68723
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 753751560
<PAYABLE-FOR-SECURITIES> 1356525
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 207408
<TOTAL-LIABILITIES> 1563933
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 482935215
<SHARES-COMMON-STOCK> 242946
<SHARES-COMMON-PRIOR> 242396
<ACCUMULATED-NII-CURRENT> 923116
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 66393392
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 201935904
<NET-ASSETS> 752187627
<DIVIDEND-INCOME> 4434701
<INTEREST-INCOME> 656571
<OTHER-INCOME> 0
<EXPENSES-NET> (3163834)
<NET-INVESTMENT-INCOME> 1927438
<REALIZED-GAINS-CURRENT> 66395583
<APPREC-INCREASE-CURRENT> 22116639
<NET-CHANGE-FROM-OPS> 90439660
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (9286)
<DISTRIBUTIONS-OF-GAINS> (215425)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 217714
<NUMBER-OF-SHARES-REDEEMED> (445238)
<SHARES-REINVESTED> 224711
<NET-CHANGE-IN-ASSETS> 34815772
<ACCUMULATED-NII-PRIOR> 5846941
<ACCUMULATED-GAINS-PRIOR> 51890316
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1878753
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3163834
<AVERAGE-NET-ASSETS> 2923433
<PER-SHARE-NAV-BEGIN> 12.35
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> 1.52
<PER-SHARE-DIVIDEND> (.04)
<PER-SHARE-DISTRIBUTIONS> (.95)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.93
<EXPENSE-RATIO> .72
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>