EATON VANCE MANAGEMENT
24 FEDERAL STREET
BOSTON, MA 02110
May 6, 1996
Office of Filings, Information & Consumer Services
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Eaton Vance Mutual Funds Trust (the "Registrant") on
behalf of EV Traditional Tax-Managed Growth Fund (the
"Fund") - 1933 Act File No. 2-90946
Gentlemen:
Pursuant to Rule 497(e) under the Securities Act of 1933 and
Regulation S-T, transmitted herewith for filing is a supplement
dated May 3, 1996 to the Fund's statement of additional
information ("SAI") dated March 20, 1996. The Fund's SAI was
previously filed electronically with the Commission on April 1,
1996 (Accession No. 0000950156-96-000343).
If you have any questions concerning the foregoing, kindly
call the undersigned at 800-225-6265. My fax number if 617-338-
8054.
Very truly yours,
/s/ Maureen A. Gemma
Maureen A. Gemma, Esq.
Vice President
on behalf of Eaton Vance
Mutual Funds Trust
Enclosures