SCUDDER FUND INC
24F-2NT, 1998-03-24
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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


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1.       Name and address of issuer:
                                             Scudder Fund, Inc.
                                             345 Park Avenue
                                             New York, New York  10154

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




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3.       Investment Company Act File Number:  811-3495



         Securities Act File Number:  2-78122



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4(a). Last day of fiscal year for which this Form is filed: December 31, 1997



      Note: If the Form is being filed late, interest must be paid on the 
            registration fee due.
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4(b). /__/  Check box if this Form is being filed late (i.e., more than 90 
            calendar days after the end of the issuer's fiscal year).  
            (See Instruction A.2)




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





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<PAGE>
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5. Calculation of registration fee:

   (i)   Aggregate sale price of securities sold during the
         fiscal year pursuant to section 24(f):                   $3,738,538,889

   (ii)  Aggregate price of securities redeemed or
         repurchased during the fiscal year:             $3,014,176,560

   (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)]:                          -$3,014,176,560

   (v) Net sales-if item 5(i) is greater than item 5(iv)
        [subtract item 5(iv) from item 5(I)]:                    $724,362,329

   ------------------------------------------------------------------
       (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)]:                                 $(0)
   ------------------------------------------------------------------

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

   (viii)Registration fee due [multiply item 5(v) by item 5(vii)]
         (enter "0" if no fee is due):                   =$ 213,686.89

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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: 46,591,608. 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

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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):  +$0

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8.       Total of the amount of the registration fee due plus any interest
         due [line 5(viii) plus line 7]:                           =$ 213,686.89

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

         Method of Delivery:
                        /X/     Wire Transfer
                        /_/     Mail or other means
- ------------------------------------------------------------------------------ 
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<PAGE>


                                   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 (Signature and Title)   /s/Thomas F. McDonough
                         ---------------------------------  
                           Thomas F. McDonough
                           Treasurer, Vice President and Secretary

Date:   March 24, 1998

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