ASSET MANAGEMENT FUND
NSAR-B, EX-27, 2000-12-28
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000705318
<NAME> ASSET MANAGEMENT FUND
<SERIES>
   <NUMBER> 003
   <NAME> U.S. GOVERNMENT MORTGAGE SECURITIES PORTFOLIO

<S>
<PERIOD-TYPE>                                                    12-mos
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<PERIOD-END>                                                Oct-31-2000
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</TABLE>


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