AMWAY MUTUAL FUND INC
NSAR-B, 1996-02-16
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<PAGE>      PAGE  1
000 B000000 12/31/95
000 C000000 0000006247
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 AMWAY MUTUAL FUND, INC.
001 B000000 811-2168
001 C000000 6167876288
002 A000000 7575 FULTON STREET EAST
002 B000000 ADA
002 C000000 MI
002 D010000 49355
002 D020000 7150
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
007 C010100  1
007 C010200  2
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A000001 AMWAY MANAGEMENT COMPANY
008 B000001 A
008 C000001 801-8276
008 D010001 ADA
008 D020001 MI
008 D030001 49355
008 D040001 7150
008 A000002 ARK ASSET MANAGEMENT CO., INC.
008 B000002 S
008 C000002 801-35134
008 D010002 NEW YORK
008 D020002 NY
008 D030002 10004
011 A000001 AMWAY MANAGEMENT COMPANY
011 B000001 8-15910
011 C010001 ADA
011 C020001 MI
011 C030001 49355
<PAGE>      PAGE  2
011 C040001 7150
012 A000001 AMWAY STOCK TRANSFER CO.
012 B000001 84-910
012 C010001 ADA
012 C020001 MI
012 C030001 49355
012 C040001 7150
013 A000001 BDO SEIDMAN
013 B010001 GRAND RAPIDS
013 B020001 MI
013 B030001 49503
014 A000001 AMWAY MANAGEMENT COMPANY
014 B000001 8-15910
015 A000001 MICHIGAN NATIONAL BANK
015 B000001 C
015 C010001 GRAND RAPIDS
015 C020001 MI
015 C030001 49503
015 E010001 X
018  000000 Y
019 A000000 N
019 B000000    0
020 A000001 WERTHEIM & CO., INC.
020 B000001 13-2697272
020 C000001    209
020 A000002 MERRILL LYNCH
020 B000002 13-5674085
020 C000002     21
020 A000003 PAINE WEBBER MITCHELL HUTCHINGS, INC.
020 B000003 38-6110911
020 C000003      7
020 A000004 SMITH BARNEY
020 B000004 13-1912900
020 C000004      7
020 A000005 CS FIRST BOSTON CORP.
020 B000005 13-5659485
020 C000005      6
020 A000006 BEAR STEARNS & CO.
020 B000006 13-4946705
020 C000006      6
020 A000007 WEEDEN & CO.
020 B000007 13-3287114
020 C000007      6
020 A000008 LEHMAN BROTHERS
020 B000008 13-2518466
020 C000008      6
020 A000009 MORGAN STANLEY & CO., INC.
020 B000009 13-2655998
020 C000009      5
020 A000010 PRUDENTIAL BACHE SECURITIES
020 B000010 22-2347336
<PAGE>      PAGE  3
020 C000010      4
021  000000      333
022 A000001 MORGAN STANLEY & COMPANY, INC.
022 B000001 13-2655998
022 C000001      1680
022 D000001      2046
022 A000002 BEAR STEARNS & CO.
022 B000002 13-4946705
022 C000002       311
022 D000002      3400
022 A000003 SALOMON BROS., INC.
022 B000003 13-3082694
022 C000003       198
022 D000003      2218
022 A000004 SMITH BARNEY SHEARSON
022 B000004 13-1912900
022 C000004       557
022 D000004      1715
022 A000005 ALEX BROWN & SONS, INC.
022 B000005 52-0256630
022 C000005      1438
022 D000005         0
022 A000006 MERRILL LYNCH PIERCE FENNER & SMITH
022 B000006 13-5674085
022 C000006         0
022 D000006      1402
022 A000007 DONALSON, LUFKIN & JENRETTE
022 B000007 13-2741729
022 C000007         0
022 D000007      1080
022 A000008 TROSTER SINGER & CO.
022 B000008 13-2901399
022 C000008       841
022 D000008       106
022 A000009 S.G. WARBURG
022 B000009 13-3340045
022 C000009       791
022 D000009         0
022 A000010 GOLDMAN, SACHS & CO.
022 B000010 13-5108880
022 C000010       380
022 D000010       155
023 C000000       7138
023 D000000      12727
024  000000 N
025 D000001       0
025 D000002       0
025 D000003       0
025 D000004       0
025 D000005       0
025 D000006       0
<PAGE>      PAGE  4
025 D000007       0
025 D000008       0
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 Y
026 H000000 N
027  000000 Y
028 A010000        74
028 A020000         0
028 A030000         0
028 A040000       728
028 B010000       131
028 B020000         0
028 B030000         0
028 B040000       833
028 C010000        61
028 C020000         0
028 C030000         0
028 C040000       761
028 D010000       168
028 D020000         0
028 D030000         0
028 D040000       611
028 E010000       166
028 E020000         0
028 E030000         0
028 E040000       618
028 F010000       182
028 F020000     12658
028 F030000         0
028 F040000       603
028 G010000       782
028 G020000     12658
028 G030000         0
028 G040000      4154
028 H000000       779
029  000000 Y
030 A000000    407
030 B000000  3.00
030 C000000  3.00
031 A000000    407
031 B000000      0
032  000000      0
033  000000      0
034  000000 N
035  000000      0
<PAGE>      PAGE  5
036 B000000      0
037  000000 N
038  000000      0
039  000000 Y
040  000000 N
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042 C000000   0
042 D000000   0
042 E000000   0
042 F000000   0
042 G000000   0
042 H000000   0
043  000000      0
044  000000      0
045  000000 Y
046  000000 N
047  000000 Y
048  000000  0.550
048 A010000        0
048 A020000 0.000
048 B010000        0
048 B020000 0.000
048 C010000        0
048 C020000 0.000
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054 B000000 Y
054 C000000 Y
054 D000000 N
054 E000000 N
<PAGE>      PAGE  6
054 F000000 N
054 G000000 Y
054 H000000 Y
054 I000000 Y
054 J000000 N
054 K000000 N
054 L000000 N
054 M000000 N
054 N000000 Y
054 O000000 N
055 A000000 N
055 B000000 N
056  000000 N
057  000000 N
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059  000000 Y
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067  000000 N
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068 B000000 N
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070 A010000 Y
<PAGE>      PAGE  7
070 A020000 N
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 N
070 K010000 N
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 N
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 N
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070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
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<PAGE>      PAGE  8
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072 Z000000      885
072AA000000    17606
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072CC010000     5968
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073 A010000   0.1050
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<PAGE>      PAGE  9
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074 Y000000        0
075 A000000        0
075 B000000    71103
076  000000     0.00
077 A000000 Y
077 B000000 Y
078  000000 N
080 A000000 NATIONAL UNION FIRE INSURANCE
080 C000000     5000
081 A000000 Y
081 B000000   2
082 A000000 N
082 B000000        0
083 A000000 N
083 B000000        0
084 A000000 N
084 B000000        0
085 A000000 Y
085 B000000 N
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086 B010000      0
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086 F020000      0
SIGNATURE   ALLAN D. ENGEL                               
TITLE       SEC'Y. & ASST. TREAS
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM AMWAY MUTUAL
FUND, INC. FINANCIAL STATEMENTS FOR 12-31-95 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               DEC-31-1995
<INVESTMENTS-AT-COST>                       67,458,776
<INVESTMENTS-AT-VALUE>                      75,589,010
<RECEIVABLES>                                  103,538
<ASSETS-OTHER>                               1,683,907
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              77,376,455
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      128,160
<TOTAL-LIABILITIES>                            128,160
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    58,824,432
<SHARES-COMMON-STOCK>                       10,399,006
<SHARES-COMMON-PRIOR>                        8,566,411
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                          20,841
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                        84,536
<ACCUM-APPREC-OR-DEPREC>                     8,130,234
<NET-ASSETS>                                77,248,295
<DIVIDEND-INCOME>                            1,486,304
<INTEREST-INCOME>                              132,170
<OTHER-INCOME>                                  17,357
<EXPENSES-NET>                                 750,471
<NET-INVESTMENT-INCOME>                        885,360
<REALIZED-GAINS-CURRENT>                    12,273,181
<APPREC-INCREASE-CURRENT>                    5,968,312
<NET-CHANGE-FROM-OPS>                       19,126,853
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      909,904
<DISTRIBUTIONS-OF-GAINS>                    12,305,317
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,917,496
<NUMBER-OF-SHARES-REDEEMED>                  1,818,938
<SHARES-REINVESTED>                          1,734,037
<NET-CHANGE-IN-ASSETS>                      18,327,161
<ACCUMULATED-NII-PRIOR>                          3,702
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                      52,399
<GROSS-ADVISORY-FEES>                          378,693
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                781,207
<AVERAGE-NET-ASSETS>                        71,103,503
<PER-SHARE-NAV-BEGIN>                             6.88
<PER-SHARE-NII>                                    .10
<PER-SHARE-GAIN-APPREC>                           1.98
<PER-SHARE-DIVIDEND>                              .105
<PER-SHARE-DISTRIBUTIONS>                         1.42
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               7.43
<EXPENSE-RATIO>                                    1.1
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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