MBL GROWTH FUND INC
NSAR-B, 1996-02-22
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<PAGE>      PAGE  1
000 B000000 12/31/95
000 C000000 0000708952
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 MBL GROWTH FUND, INC.
001 B000000 811-3593
001 C000000 2014818356
002 A000000 520 BROAD ST.
002 B000000 NEWARK
002 C000000 NJ
002 D010000 07102
002 D020000 3111
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
020 A000001 DONALDSON, LUFKIN & JENRETTE
020 B000001 13-2741729
020 C000001     10
020 A000002 INSTINET
020 B000002 13-3443395
020 C000002      5
020 A000003 ABEL/NOSER
020 B000003 13-2833083
020 C000003      4
020 A000004 JEFFERIES
020 B000004 95-2622900
020 C000004      4
020 A000005 OPPENHEIMER
020 B000005 13-2798343
020 C000005      2
020 A000006 MERRILL, LYNCH
020 B000006 13-5674085
020 C000006      1
020 A000007 PAINE WEBBER
020 B000007 13-2638166
020 C000007      1
020 A000008 OSCAR GRUSS
020 B000008 13-2913779
020 C000008      1
020 A000009 ROBERT BRANDT
020 B000009 95-2650507
020 C000009      1
020 A000010 RAYMOND JAMES
<PAGE>      PAGE  2
020 B000010 59-1237041
020 C000010      0
021  000000       30
022 A000001 FIRST CHICAGO
022 B000001 36-3595942
022 C000001     16918
022 D000001      4676
022 A000002 DEAN WITTER
022 B000002 94-1671384
022 C000002     15126
022 D000002      3903
022 A000003 LEHMAN
022 B000003 13-2518466
022 C000003     12645
022 D000003       994
022 A000004 MORGAN STANLEY
022 B000004 13-2655998
022 C000004      9196
022 D000004       473
022 A000005 SMITH BARNEY
022 B000005 13-1912900
022 C000005      7167
022 D000005       348
022 A000006 CHEMICAL
022 B000006 13-5227302
022 C000006      3966
022 D000006         0
022 A000007 ALLIANCE WORLDWIDE PRIV. FD.
022 C000007         0
022 D000007      1466
022 A000008 LUXOTTICA GROUP S.P.A.
022 C000008         0
022 D000008      1322
022 A000009 JUNDT GROWTH FD.
022 C000009         0
022 D000009       565
022 A000010 PAINE WEBBER GLOBAL INCOME FD.
022 C000010         0
022 D000010       236
023 C000000      67010
023 D000000      16390
028 A010000        20
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<PAGE>      PAGE  3
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028 F030000         0
028 F040000       221
028 G010000       217
028 G020000      3444
028 G030000         0
028 G040000       906
028 H000000         0
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066 A000000 Y
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071 A000000     12350
071 B000000     14405
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<PAGE>      PAGE  4
071 D000000   47
072 A000000 12
072 B000000      544
072 C000000      710
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072 X000000      301
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072CC010000     7376
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072DD010000      950
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073 A010000   0.2600
073 A020000   0.0000
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<PAGE>      PAGE  5
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077 N000000 N
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077 Q010000 N
077 Q020000 N
077 Q030000 N
078  000000 N
080 A000000 NATIONAL UNION FIRE INS. CO. OF PITTSBURGH
080 C000000     1500
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<PAGE>      PAGE  6
085 B000000 N
SIGNATURE   ALBERT W. LEIER                              
TITLE       V.P. & TREASURER    
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE ANNUAL
REPORT OF MBL GROWTH FUND, INC. DATED DECEMBER 31, 1995 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000708952
<NAME> MBL GROWTH FUND, INC.
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               DEC-31-1995
<INVESTMENTS-AT-COST>                            32180
<INVESTMENTS-AT-VALUE>                           39668
<RECEIVABLES>                                      717
<ASSETS-OTHER>                                      95
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   40480
<PAYABLE-FOR-SECURITIES>                           246
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           84
<TOTAL-LIABILITIES>                                329
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         28413
<SHARES-COMMON-STOCK>                             3908
<SHARES-COMMON-PRIOR>                             3827
<ACCUMULATED-NII-CURRENT>                           57
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            286
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          7487
<NET-ASSETS>                                     40151
<DIVIDEND-INCOME>                                  710
<INTEREST-INCOME>                                  544
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     301
<NET-INVESTMENT-INCOME>                            952
<REALIZED-GAINS-CURRENT>                          2229
<APPREC-INCREASE-CURRENT>                         7376
<NET-CHANGE-FROM-OPS>                            10557
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                          950
<DISTRIBUTIONS-OF-GAINS>                          2494
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                        266
<SHARES-REINVESTED>                                347
<NET-CHANGE-IN-ASSETS>                            8152
<ACCUMULATED-NII-PRIOR>                             55
<ACCUMULATED-GAINS-PRIOR>                          552
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              131
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    301
<AVERAGE-NET-ASSETS>                             34865
<PER-SHARE-NAV-BEGIN>                             8.36
<PER-SHARE-NII>                                   0.26
<PER-SHARE-GAIN-APPREC>                           2.59
<PER-SHARE-DIVIDEND>                              0.26
<PER-SHARE-DISTRIBUTIONS>                         0.68
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.27
<EXPENSE-RATIO>                                   0.86
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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