OPPENHEIMER FUND
NSAR-A, 1997-02-28
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<PAGE>      PAGE  1
000 A000000 12/31/96
000 C000000 0000074661
000 D000000 N
000 E000000 NF
000 F000000 Y
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001 A000000 OPPENHEIMER FUND
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001 C000000 2123230200
002 A000000 TWO WORLD TRADE CENTER
002 B000000 NEW YORK
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020 A000001 CANTOR FITZGERALD & CO., INC.
020 B000001 95-1786286
020 C000001     22
020 A000002 FIRST BOSTON CORP. (THE)
020 B000002 13-5659485
020 C000002     16
020 A000003 SALOMON BROTHERS, INC.
020 B000003 13-3082694
020 C000003     12
020 A000004 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
020 B000004 13-2741729
020 C000004     12
020 A000005 WARBURG, SG & CO, INC.
020 B000005 13-2994695
020 C000005      9
020 A000006 MORGAN (JP) SECURITIES, INC.
020 B000006 13-3224016
020 C000006      9
020 A000007 BEAR SECURITIES CORP.
020 B000007 13-3299429
020 C000007      8
020 A000008 PAINEWEBBER, INC.
020 B000008 13-2638166
020 C000008      8
<PAGE>      PAGE  2
020 A000009 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
020 B000009 13-5674085
020 C000009      7
020 A000010 COWEN & CO.
020 B000010 13-5616116
020 C000010      7
021  000000      201
022 A000001 ZION FIRST NATIONAL BANK
022 B000001 87-0189025
022 C000001   1333800
022 D000001         0
022 A000002 MORGAN GUARANTY TRUST CO.
022 B000002 13-5123346
022 C000002    674300
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022 A000003 GOLDMAN, SACHS & CO.
022 B000003 13-5108880
022 C000003    606763
022 D000003      1853
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022 B000004 13-2638166
022 C000004    394730
022 D000004       464
022 A000005 CANADIAN IMPERIAL BANK OF COMMERCE
022 B000005 FOREIGN
022 C000005    176000
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022 A000006 FIRST CHICAGO CAPITAL MARKET
022 B000006 36-3595942
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SIGNATURE   GEORGE C. BOWEN                              
TITLE       TREASURER           
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6                                             
<CIK>                                                   074661
<NAME>        Oppenheimer Fund - Class A
       
<S>                                                     <C>
<PERIOD-TYPE>                                           6-MOS
<FISCAL-YEAR-END>                                       JUN-30-1997
<PERIOD-START>                                          JUL-01-1996
<PERIOD-END>                                            DEC-31-1996
<INVESTMENTS-AT-COST>                                           210,278,906
<INVESTMENTS-AT-VALUE>                                          300,677,984
<RECEIVABLES>                                                       910,054
<ASSETS-OTHER>                                                       16,788
<OTHER-ITEMS-ASSETS>                                                370,527
<TOTAL-ASSETS>                                                  301,975,353
<PAYABLE-FOR-SECURITIES>                                            441,340
<SENIOR-LONG-TERM-DEBT>                                                   0
<OTHER-ITEMS-LIABILITIES>                                         4,833,332
<TOTAL-LIABILITIES>                                               5,274,672
<SENIOR-EQUITY>                                                           0
<PAID-IN-CAPITAL-COMMON>                                        199,408,148
<SHARES-COMMON-STOCK>                                            24,096,040
<SHARES-COMMON-PRIOR>                                            22,495,412
<ACCUMULATED-NII-CURRENT>                                                 0
<OVERDISTRIBUTION-NII>                                              114,901
<ACCUMULATED-NET-GAINS>                                           8,554,082
<OVERDISTRIBUTION-GAINS>                                                  0
<ACCUM-APPREC-OR-DEPREC>                                         88,853,352
<NET-ASSETS>                                                    288,886,257
<DIVIDEND-INCOME>                                                 1,878,237
<INTEREST-INCOME>                                                   992,462
<OTHER-INCOME>                                                            0
<EXPENSES-NET>                                                    1,684,215
<NET-INVESTMENT-INCOME>                                           1,186,484
<REALIZED-GAINS-CURRENT>                                         13,524,984
<APPREC-INCREASE-CURRENT>                                        10,762,773
<NET-CHANGE-FROM-OPS>                                            25,474,241
<EQUALIZATION>                                                            0
<DISTRIBUTIONS-OF-INCOME>                                         5,383,563
<DISTRIBUTIONS-OF-GAINS>                                         22,631,185
<DISTRIBUTIONS-OTHER>                                                     0
<NUMBER-OF-SHARES-SOLD>                                             548,851
<NUMBER-OF-SHARES-REDEEMED>                                       1,117,535
<SHARES-REINVESTED>                                               2,169,312
<NET-CHANGE-IN-ASSETS>                                           17,766,483
<ACCUMULATED-NII-PRIOR>                                           4,179,246
<ACCUMULATED-GAINS-PRIOR>                                        18,274,717
<OVERDISTRIB-NII-PRIOR>                                                   0
<OVERDIST-NET-GAINS-PRIOR>                                                0
<GROSS-ADVISORY-FEES>                                             1,055,890
<INTEREST-EXPENSE>                                                        0
<GROSS-EXPENSE>                                                   1,684,215
<AVERAGE-NET-ASSETS>                                            276,924,000
<PER-SHARE-NAV-BEGIN>                                                    12.14
<PER-SHARE-NII>                                                           0.06
<PER-SHARE-GAIN-APPREC>                                                   1.06
<PER-SHARE-DIVIDEND>                                                      0.24
<PER-SHARE-DISTRIBUTIONS>                                                 1.03
<RETURNS-OF-CAPITAL>                                                      0.00
<PER-SHARE-NAV-END>                                                      11.99
<EXPENSE-RATIO>                                                           1.16
<AVG-DEBT-OUTSTANDING>                                                    0
<AVG-DEBT-PER-SHARE>                                                      0.00
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6                                             
<CIK>                                                   074661
<NAME>        Oppenheimer Fund - Class B
       
<S>                                                     <C>
<PERIOD-TYPE>                                           6-MOS
<FISCAL-YEAR-END>                                       JUN-30-1997
<PERIOD-START>                                          JUL-01-1996
<PERIOD-END>                                            DEC-31-1996
<INVESTMENTS-AT-COST>                                           210,278,906
<INVESTMENTS-AT-VALUE>                                          300,677,984
<RECEIVABLES>                                                       910,054
<ASSETS-OTHER>                                                       16,788
<OTHER-ITEMS-ASSETS>                                                370,527
<TOTAL-ASSETS>                                                  301,975,353
<PAYABLE-FOR-SECURITIES>                                            441,340
<SENIOR-LONG-TERM-DEBT>                                                   0
<OTHER-ITEMS-LIABILITIES>                                         4,833,332
<TOTAL-LIABILITIES>                                               5,274,672
<SENIOR-EQUITY>                                                           0
<PAID-IN-CAPITAL-COMMON>                                        199,408,148
<SHARES-COMMON-STOCK>                                               252,460
<SHARES-COMMON-PRIOR>                                               137,088
<ACCUMULATED-NII-CURRENT>                                                 0
<OVERDISTRIBUTION-NII>                                              114,901
<ACCUMULATED-NET-GAINS>                                           8,554,082
<OVERDISTRIBUTION-GAINS>                                                  0
<ACCUM-APPREC-OR-DEPREC>                                         88,853,352
<NET-ASSETS>                                                      3,005,220
<DIVIDEND-INCOME>                                                 1,878,237
<INTEREST-INCOME>                                                   992,462
<OTHER-INCOME>                                                            0
<EXPENSES-NET>                                                    1,684,215
<NET-INVESTMENT-INCOME>                                           1,186,484
<REALIZED-GAINS-CURRENT>                                         13,524,984
<APPREC-INCREASE-CURRENT>                                        10,762,773
<NET-CHANGE-FROM-OPS>                                            25,474,241
<EQUALIZATION>                                                            0
<DISTRIBUTIONS-OF-INCOME>                                            42,272
<DISTRIBUTIONS-OF-GAINS>                                            231,368
<DISTRIBUTIONS-OTHER>                                                     0
<NUMBER-OF-SHARES-SOLD>                                             127,439
<NUMBER-OF-SHARES-REDEEMED>                                          28,922
<SHARES-REINVESTED>                                                  16,856
<NET-CHANGE-IN-ASSETS>                                           17,766,483
<ACCUMULATED-NII-PRIOR>                                           4,179,246
<ACCUMULATED-GAINS-PRIOR>                                        18,274,717
<OVERDISTRIB-NII-PRIOR>                                                   0
<OVERDIST-NET-GAINS-PRIOR>                                                0
<GROSS-ADVISORY-FEES>                                             1,055,890
<INTEREST-EXPENSE>                                                        0
<GROSS-EXPENSE>                                                   1,684,215
<AVERAGE-NET-ASSETS>                                              2,215,000
<PER-SHARE-NAV-BEGIN>                                                    12.07
<PER-SHARE-NII>                                                           0.02
<PER-SHARE-GAIN-APPREC>                                                   1.03
<PER-SHARE-DIVIDEND>                                                      0.19
<PER-SHARE-DISTRIBUTIONS>                                                 1.03
<RETURNS-OF-CAPITAL>                                                      0.00
<PER-SHARE-NAV-END>                                                      11.90
<EXPENSE-RATIO>                                                           2.07
<AVG-DEBT-OUTSTANDING>                                                    0
<AVG-DEBT-PER-SHARE>                                                      0.00
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6                                             
<CIK>                                                   074661
<NAME>        Oppenheimer Fund - Class C
       
<S>                                                     <C>
<PERIOD-TYPE>                                           6-MOS
<FISCAL-YEAR-END>                                       JUN-30-1997
<PERIOD-START>                                          JUL-01-1996
<PERIOD-END>                                            DEC-31-1996
<INVESTMENTS-AT-COST>                                           210,278,906
<INVESTMENTS-AT-VALUE>                                          300,677,984
<RECEIVABLES>                                                       910,054
<ASSETS-OTHER>                                                       16,788
<OTHER-ITEMS-ASSETS>                                                370,527
<TOTAL-ASSETS>                                                  301,975,353
<PAYABLE-FOR-SECURITIES>                                            441,340
<SENIOR-LONG-TERM-DEBT>                                                   0
<OTHER-ITEMS-LIABILITIES>                                         4,833,332
<TOTAL-LIABILITIES>                                               5,274,672
<SENIOR-EQUITY>                                                           0
<PAID-IN-CAPITAL-COMMON>                                        199,408,148
<SHARES-COMMON-STOCK>                                               407,995
<SHARES-COMMON-PRIOR>                                               342,672
<ACCUMULATED-NII-CURRENT>                                                 0
<OVERDISTRIBUTION-NII>                                              114,901
<ACCUMULATED-NET-GAINS>                                           8,554,082
<OVERDISTRIBUTION-GAINS>                                                  0
<ACCUM-APPREC-OR-DEPREC>                                         88,853,352
<NET-ASSETS>                                                      4,809,204
<DIVIDEND-INCOME>                                                 1,878,237
<INTEREST-INCOME>                                                   992,462
<OTHER-INCOME>                                                            0
<EXPENSES-NET>                                                    1,684,215
<NET-INVESTMENT-INCOME>                                           1,186,484
<REALIZED-GAINS-CURRENT>                                         13,524,984
<APPREC-INCREASE-CURRENT>                                        10,762,773
<NET-CHANGE-FROM-OPS>                                            25,474,241
<EQUALIZATION>                                                            0
<DISTRIBUTIONS-OF-INCOME>                                            54,796
<DISTRIBUTIONS-OF-GAINS>                                            383,066
<DISTRIBUTIONS-OTHER>                                                     0
<NUMBER-OF-SHARES-SOLD>                                              63,332
<NUMBER-OF-SHARES-REDEEMED>                                          32,994
<SHARES-REINVESTED>                                                  34,985
<NET-CHANGE-IN-ASSETS>                                           17,766,483
<ACCUMULATED-NII-PRIOR>                                           4,179,246
<ACCUMULATED-GAINS-PRIOR>                                        18,274,717
<OVERDISTRIB-NII-PRIOR>                                                   0
<OVERDIST-NET-GAINS-PRIOR>                                                0
<GROSS-ADVISORY-FEES>                                             1,055,890
<INTEREST-EXPENSE>                                                        0
<GROSS-EXPENSE>                                                   1,684,215
<AVERAGE-NET-ASSETS>                                              4,332,000
<PER-SHARE-NAV-BEGIN>                                                    11.92
<PER-SHARE-NII>                                                           0.01
<PER-SHARE-GAIN-APPREC>                                                   1.04
<PER-SHARE-DIVIDEND>                                                      0.15
<PER-SHARE-DISTRIBUTIONS>                                                 1.03
<RETURNS-OF-CAPITAL>                                                      0.00
<PER-SHARE-NAV-END>                                                      11.79
<EXPENSE-RATIO>                                                           2.04
<AVG-DEBT-OUTSTANDING>                                                    0
<AVG-DEBT-PER-SHARE>                                                      0.00
        

</TABLE>


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