CARILLON FUND INC
497, 1998-11-03
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          SUPPLEMENT DATED NOVEMBER 1, 1998 
        TO THE PROSPECTUS DATED MAY 1, 1998 OF 
                  CARILLON FUND, INC.



Effective November 1, 1998, the prospectus for Carillon Fund,
Inc. dated May 1, 1998 is amended by including as a part thereof
the following information:

The description of portfolio managers under the section entitled
"THE FUND AND ITS MANAGEMENT - Investment Adviser" is hereby
revised as follows:

Gary R. Rodmaker and Michael J. Schultz are primarily responsible
for the day-to-day management of the Bond Portfolio.  Mr.
Rodmaker is the Corporate Bond Portfolio Manager of the Adviser
and has been affiliated with the Adviser and Union Central since
1989.  He has also been primarily responsible for the day-to-day
management of the S&P 500 Index Portfolio since its inception in
December, 1995, and, along with Michelle E. Stevens, of the
Capital Portfolio since May 1, 1998.

Mr. Schultz is the Mortgage-backed Securities Portfolio Manager
of the Adviser and has been affiliated with the Adviser and Union
Central as a portfolio manager since 1992.












1998 reg. statement a:portmgr.sti
10/13/98




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