<PAGE> PAGE 1
000 B000000 12/31/95
000 C000000 761688
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 MONY SERIES FUND, INC
001 B000000 811-4209
001 C000000 2127082000
002 A000000 1740 BROADWAY
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10019
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 7
007 C010100 1
007 C020100 DIVERSIFIED PORTFOLIO
007 C030100 N
007 C010200 2
007 C020200 EQUITY GROWTH
007 C030200 N
007 C010300 3
007 C020300 EQUITY INCOME
007 C030300 N
007 C010400 4
007 C020400 INTERMEDIATE TERM BOND PORTFOLIO
007 C030400 N
007 C010500 5
007 C020500 LONG-TERM BOND PORTFOLIO
007 C030500 N
007 C010600 6
007 C020600 MONEY MARKET PORTFOLIO
007 C030600 N
007 C010700 7
007 C020700 GOVERNMENT SECURITIES PORTFOLIO
007 C030700 N
007 C010800 8
007 C010900 9
007 C011000 10
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
<PAGE> PAGE 2
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
008 A00AA01 MONY LIFE INSURANCE COMPANY OF AMERICA
008 B00AA01 A
008 C00AA01 801-22798
008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10019
008 A00AA02 THE MUTUAL LIFE INSURANCE COMPANY OF NEW YORK
008 B00AA02 S
008 C00AA02 801-13564
008 D01AA02 NEW YORK
008 D02AA02 NY
008 D03AA02 10019
010 A00AA01 THE MUTUAL LIFE INSURANCE COMPANY OF NEW YORK
010 B00AA01 14205
010 C01AA01 NEW YORK
010 C02AA01 NY
010 C03AA01 10019
011 A00AA01 THE MUTUAL LIFE INSURANCE COMPANY OF NEW YORK
011 B00AA01 8-14205
011 C01AA01 NEW YORK
011 C02AA01 NY
011 C03AA01 10019
012 A00AA01 THE MUTUAL LIFE INSURANCE COMPANY OF NEW YORK
012 B00AA01 84-1773
012 C01AA01 NEW YORK
012 C02AA01 NY
012 C03AA01 10019
013 A00AA01 COOPERS & LYBRAND
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10020
015 A00AA01 CHEMICAL BANK
015 B00AA01 C
015 C01AA01 NEW YORK
015 C02AA01 NY
015 C03AA01 10041
015 E01AA01 X
018 00AA00 Y
019 A00AA00 N
019 B00AA00 0
020 A000001 PRUDENTIAL SECURITIES
020 B000001 22-2347336
020 C000001 2
020 A000002 DONALDSON LUFKIN JENRETT
020 B000002 13-3257141
020 C000002 2
<PAGE> PAGE 3
020 A000003 COWEN & CO
020 B000003 13-5616116
020 C000003 2
020 A000004 MONTGOMERY SECURITIES
020 B000004 94-1701676
020 C000004 1
020 A000005 MORGAN KEEGAN & CO.
020 B000005 64-0474907
020 C000005 1
020 A000006 SMITH BARNEY
020 B000006 13-1912900
020 C000006 1
020 A000007 DEAN WITTER REYNOLDS
020 B000007 14-2853864
020 C000007 1
020 A000008 LEHMAN BROTHERS, INC.
020 B000008 13-2518466
020 C000008 1
020 A000009 MORGAN STANLEY & CO.
020 B000009 13-2655998
020 C000009 1
020 A000010 WERTHEIM & CO.
020 B000010 13-5650440
020 C000010 1
021 000000 20
022 A000001 LEHMAN BROTHERS INC.
022 B000001 13-2518466
022 C000001 162983
022 D000001 41612
022 A000002 MERRILL LYNCHRS
022 B000002 13-5674085
022 C000002 121693
022 D000002 28695
022 A000003 MORGAN GUAR TRST CO. OF N.Y
022 B000003 13-5123346
022 C000003 84588
022 D000003 19725
022 A000004 GOLDMAN SACHS
022 B000004 13-5108880
022 C000004 54431
022 D000004 14310
022 A000005 UBS SECURITIES
022 B000005 13-2932996
022 C000005 7837
022 D000005 12635
022 A000006 BEAR STERNS
022 B000006 13-3604093
022 C000006 8815
022 D000006 4623
022 A000007 MORGAN JP SECURITIES
022 B000007 13-3388746
<PAGE> PAGE 4
022 C000007 7992
022 D000007 4771
022 A000008 LAWRENCE / DEUTSCHE BANK
022 B000008 13-2730828
022 C000008 4276
022 D000008 6450
022 A000009 SALOMON BROTHERS
022 B000009 13-3082694
022 C000009 5863
022 D000009 3907
022 A000010 MERRIL LYNCH
022 B000010 13-5108880
022 C000010 4009
022 D000010 4802
023 C000000 522611
023 D000000 151183
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 Y
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
029 00AA00 N
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
031 A00AA00 0
031 B00AA00 0
032 00AA00 0
033 00AA00 0
034 00AA00 N
035 00AA00 0
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 N
042 A00AA00 0
042 B00AA00 0
042 C00AA00 0
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 0
044 00AA00 0
<PAGE> PAGE 5
045 00AA00 Y
046 00AA00 N
047 00AA00 Y
048 00AA00 0.000
048 A01AA00 400000
048 A02AA00 0.400
048 B01AA00 400000
048 B02AA00 0.350
048 C01AA00 0
048 C02AA00 0.000
048 D01AA00 0
048 D02AA00 0.000
048 E01AA00 0
048 E02AA00 0.000
048 F01AA00 0
048 F02AA00 0.000
048 G01AA00 0
048 G02AA00 0.000
048 H01AA00 0
048 H02AA00 0.000
048 I01AA00 0
048 I02AA00 0.000
048 J01AA00 0
048 J02AA00 0.000
048 K01AA00 800000
048 K02AA00 0.300
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 Y
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 Y
054 L00AA00 Y
054 M00AA00 Y
054 N00AA00 Y
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056 00AA00 N
057 00AA00 Y
058 A00AA00 N
<PAGE> PAGE 6
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 0
070 A01AA00 Y
070 A02AA00 N
070 B01AA00 N
070 B02AA00 N
070 C01AA00 N
070 C02AA00 N
070 D01AA00 N
070 D02AA00 N
070 E01AA00 N
070 E02AA00 N
070 F01AA00 N
070 F02AA00 N
070 G01AA00 N
070 G02AA00 N
070 H01AA00 N
070 H02AA00 N
070 I01AA00 N
070 I02AA00 N
070 J01AA00 Y
070 J02AA00 N
070 K01AA00 Y
070 K02AA00 N
070 L01AA00 N
070 L02AA00 N
070 M01AA00 N
070 M02AA00 N
070 N01AA00 Y
070 N02AA00 N
070 O01AA00 Y
070 O02AA00 N
070 P01AA00 N
070 P02AA00 N
070 Q01AA00 N
070 Q02AA00 N
070 R01AA00 N
070 R02AA00 N
077 A000000 Y
077 B000000 Y
078 000000 N
080 A00AA00 NATIONAL UNION FIRE INS. CO. OF PITTSBURGH PA
080 C00AA00 5000
081 A00AA00 N
081 B00AA00 0
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
<PAGE> PAGE 7
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
024 000100 N
025 D000101 0
025 D000102 0
025 D000103 0
025 D000104 0
025 D000105 0
025 D000106 0
025 D000107 0
025 D000108 0
025 D000109 0
025 D000110 0
025 D000111 0
025 D000112 0
025 D000113 0
025 D000114 0
025 D000115 0
025 D000116 0
028 A010100 48
028 A020100 0
028 A030100 0
028 A040100 44
028 B010100 23
028 B020100 0
028 B030100 0
028 B040100 10
028 C010100 30
028 C020100 0
028 C030100 0
028 C040100 62
028 D010100 26
028 D020100 0
028 D030100 0
028 D040100 131
028 E010100 15
028 E020100 0
<PAGE> PAGE 8
028 E030100 0
028 E040100 16
028 F010100 27
028 F020100 0
028 F030100 0
028 F040100 107
028 G010100 169
028 G020100 0
028 G030100 0
028 G040100 370
028 H000100 0
062 A000100 N
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
063 A000100 0
063 B000100 0.0
066 A000100 N
067 000100 Y
068 A000100 N
068 B000100 N
069 000100 N
071 A000100 934
071 B000100 682
071 C000100 2462
071 D000100 28
072 A000100 12
072 B000100 76
072 C000100 37
072 D000100 0
072 E000100 0
072 F000100 13
072 G000100 0
072 H000100 0
072 I000100 0
072 J000100 7
072 K000100 0
<PAGE> PAGE 9
072 L000100 0
072 M000100 0
072 N000100 1
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 9
072 S000100 0
072 T000100 0
072 U000100 0
072 V000100 0
072 W000100 0
072 X000100 30
072 Y000100 1
072 Z000100 84
072AA000100 85
072BB000100 0
072CC010100 558
072CC020100 0
072DD010100 0
072DD020100 0
072EE000100 0
073 A010100 0.4300
073 A020100 0.0000
073 B000100 0.4300
073 C000100 0.0000
074 A000100 14
074 B000100 0
074 C000100 349
074 D000100 555
074 E000100 0
074 F000100 2359
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 0
074 K000100 0
074 L000100 8
074 M000100 0
074 N000100 3285
074 O000100 0
074 P000100 0
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 13
074 S000100 0
074 T000100 3272
074 U010100 208
074 U020100 0
<PAGE> PAGE 10
074 V010100 15.72
074 V020100 0.00
074 W000100 0.0000
074 X000100 6
074 Y000100 0
075 A000100 0
075 B000100 3129
076 000100 0.00
024 000200 N
025 D000201 0
025 D000202 0
025 D000203 0
025 D000204 0
025 D000205 0
025 D000206 0
025 D000207 0
025 D000208 0
025 A000209 CHEVRON CORP.
025 B000209 75-1241960
025 C000209 E
025 D000209 209
025 A000210 FORD MOTOR CO.
025 B000210 38-1612444
025 C000210 E
025 D000210 299
025 A000211 MORGAN (J.P.) SECURITIES
025 B000211 13-3224016
025 C000211 E
025 D000211 459
025 D000212 0
025 D000213 0
025 D000214 0
025 D000215 0
025 D000216 0
028 A010200 4
028 A020200 0
028 A030200 0
028 A040200 7
028 B010200 18
028 B020200 0
028 B030200 0
028 B040200 19
028 C010200 12
028 C020200 0
028 C030200 0
028 C040200 101
028 D010200 16
028 D020200 0
028 D030200 0
028 D040200 103
028 E010200 45
<PAGE> PAGE 11
028 E020200 0
028 E030200 0
028 E040200 28
028 F010200 22
028 F020200 0
028 F030200 0
028 F040200 17
028 G010200 117
028 G020200 0
028 G030200 0
028 G040200 275
028 H000200 0
062 A000200 N
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
063 A000200 0
063 B000200 0.0
066 A000200 Y
066 B000200 N
066 C000200 N
066 D000200 Y
066 E000200 N
066 F000200 N
066 G000200 N
067 000200 N
068 A000200 N
068 B000200 N
069 000200 N
071 A000200 654
071 B000200 548
071 C000200 1436
071 D000200 38
072 A000200 12
072 B000200 23
072 C000200 25
072 D000200 0
<PAGE> PAGE 12
072 E000200 0
072 F000200 7
072 G000200 0
072 H000200 0
072 I000200 0
072 J000200 6
072 K000200 0
072 L000200 0
072 M000200 0
072 N000200 0
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 8
072 S000200 0
072 T000200 0
072 U000200 0
072 V000200 0
072 W000200 1
072 X000200 22
072 Y000200 1
072 Z000200 27
072AA000200 94
072BB000200 0
072CC010200 349
072CC020200 0
072DD010200 0
072DD020200 0
072EE000200 0
073 A010200 0.3900
073 A020200 0.0000
073 B000200 1.3400
073 C000200 0.0400
074 A000200 111
074 B000200 0
074 C000200 99
074 D000200 0
074 E000200 0
074 F000200 1671
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 0
074 K000200 0
074 L000200 2
074 M000200 0
074 N000200 1883
074 O000200 0
074 P000200 0
074 Q000200 0
074 R010200 0
<PAGE> PAGE 13
074 R020200 0
074 R030200 0
074 R040200 10
074 S000200 0
074 T000200 1873
074 U010200 74
074 U020200 0
074 V010200 25.11
074 V020200 0.00
074 W000200 0.0000
074 X000200 5
074 Y000200 0
075 A000200 0
075 B000200 1750
076 000200 0.00
024 000300 N
025 D000301 0
025 D000302 0
025 D000303 0
025 D000304 0
025 D000305 0
025 D000306 0
025 D000307 0
025 D000308 0
025 A000309 ITT CORP.
025 B000309 43-0815676
025 C000309 D
025 D000309 175
025 D000310 0
025 D000311 0
025 D000312 0
025 D000313 0
025 D000314 0
025 D000315 0
025 D000316 0
028 A010300 28
028 A020300 0
028 A030300 0
028 A040300 135
028 B010300 19
028 B020300 0
028 B030300 0
028 B040300 359
028 C010300 17
028 C020300 0
028 C030300 0
028 C040300 737
028 D010300 136
028 D020300 0
028 D030300 0
028 D040300 292
<PAGE> PAGE 14
028 E010300 38
028 E020300 0
028 E030300 0
028 E040300 127
028 F010300 91
028 F020300 0
028 F030300 0
028 F040300 545
028 G010300 329
028 G020300 0
028 G030300 0
028 G040300 2195
028 H000300 0
062 A000300 N
062 B000300 0.0
062 C000300 0.0
062 D000300 0.0
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
063 A000300 0
063 B000300 0.0
066 A000300 Y
066 B000300 N
066 C000300 N
066 D000300 N
066 E000300 N
066 F000300 Y
066 G000300 N
067 000300 N
068 A000300 N
068 B000300 N
069 000300 N
071 A000300 3946
071 B000300 3873
071 C000300 14452
071 D000300 27
072 A000300 12
072 B000300 179
072 C000300 525
<PAGE> PAGE 15
072 D000300 0
072 E000300 0
072 F000300 69
072 G000300 0
072 H000300 0
072 I000300 0
072 J000300 9
072 K000300 0
072 L000300 0
072 M000300 4
072 N000300 0
072 O000300 0
072 P000300 0
072 Q000300 0
072 R000300 10
072 S000300 0
072 T000300 0
072 U000300 0
072 V000300 0
072 W000300 4
072 X000300 96
072 Y000300 0
072 Z000300 608
072AA000300 365
072BB000300 0
072CC010300 3969
072CC020300 0
072DD010300 0
072DD020300 0
072EE000300 0
073 A010300 0.6500
073 A020300 0.0000
073 B000300 0.4100
073 C000300 0.0000
074 A000300 72
074 B000300 0
074 C000300 897
074 D000300 0
074 E000300 0
074 F000300 17141
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 0
074 K000300 0
074 L000300 39
074 M000300 0
074 N000300 18149
074 O000300 0
074 P000300 0
074 Q000300 0
<PAGE> PAGE 16
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 58
074 S000300 0
074 T000300 18091
074 U010300 923
074 U020300 0
074 V010300 19.61
074 V020300 0.00
074 W000300 0.0000
074 X000300 7
074 Y000300 0
075 A000300 0
075 B000300 17180
076 000300 0.00
024 000400 Y
025 A000401 GOLDMAN SACHS GROUP
025 B000401 13-5108880
025 C000401 D
025 D000401 998
025 A000402 DELETE
025 D000402 0
025 D000403 0
025 D000404 0
025 D000405 0
025 D000406 0
025 D000407 0
025 D000408 0
028 A010400 710
028 A020400 0
028 A030400 0
028 A040400 710
028 B010400 807
028 B020400 0
028 B030400 0
028 B040400 517
028 C010400 735
028 C020400 0
028 C030400 0
028 C040400 604
028 D010400 730
028 D020400 0
028 D030400 0
028 D040400 518
028 E010400 747
028 E020400 0
028 E030400 0
028 E040400 515
028 F010400 2799
028 F020400 0
<PAGE> PAGE 17
028 F030400 0
028 F040400 2016
028 G010400 6528
028 G020400 0
028 G030400 0
028 G040400 4880
028 H000400 0
062 A000400 Y
062 B000400 0.0
062 C000400 1.1
062 D000400 0.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 24.8
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 30.4
062 N000400 8.2
062 O000400 0.0
062 P000400 33.3
062 Q000400 0.0
062 R000400 2.2
063 A000400 0
063 B000400 5.0
064 A000400 N
066 A000400 N
067 000400 N
068 A000400 N
068 B000400 N
069 000400 N
071 A000400 7021
071 B000400 9616
071 C000400 21894
071 D000400 32
072 A000400 12
072 B000400 2259
072 C000400 0
072 D000400 0
072 E000400 0
072 F000400 137
072 G000400 0
072 H000400 0
072 I000400 0
072 J000400 5
072 K000400 0
072 L000400 0
072 M000400 8
072 N000400 0
<PAGE> PAGE 18
072 O000400 0
072 P000400 0
072 Q000400 0
072 R000400 14
072 S000400 0
072 T000400 0
072 U000400 0
072 V000400 0
072 W000400 5
072 X000400 169
072 Y000400 1
072 Z000400 2091
072AA000400 0
072BB000400 0
072CC010400 2636
072CC020400 0
072DD010400 0
072DD020400 0
072EE000400 0
073 A010400 0.6300
073 A020400 0.0000
073 B000400 0.0000
073 C000400 0.0000
074 A000400 298
074 B000400 0
074 C000400 9747
074 D000400 26952
074 E000400 0
074 F000400 0
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 0
074 K000400 0
074 L000400 557
074 M000400 0
074 N000400 37554
074 O000400 0
074 P000400 0
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 34
074 S000400 0
074 T000400 37520
074 U010400 3548
074 U020400 0
074 V010400 10.57
074 V020400 0.00
074 W000400 0.0000
<PAGE> PAGE 19
074 X000400 5
074 Y000400 0
075 A000400 0
075 B000400 34273
076 000400 0.00
024 000500 N
025 D000501 0
025 D000502 0
025 D000503 0
025 D000504 0
025 D000505 0
025 D000506 0
025 D000507 0
025 D000508 0
028 A010500 1381
028 A020500 0
028 A030500 0
028 A040500 1016
028 B010500 2151
028 B020500 0
028 B030500 0
028 B040500 1160
028 C010500 1992
028 C020500 0
028 C030500 0
028 C040500 1068
028 D010500 1830
028 D020500 0
028 D030500 0
028 D040500 761
028 E010500 2075
028 E020500 0
028 E030500 0
028 E040500 938
028 F010500 2972
028 F020500 0
028 F030500 0
028 F040500 1354
028 G010500 12401
028 G020500 0
028 G030500 0
028 G040500 6297
028 H000500 0
062 A000500 Y
062 B000500 0.0
062 C000500 1.6
062 D000500 0.0
062 E000500 0.0
062 F000500 0.0
062 G000500 0.0
062 H000500 0.0
<PAGE> PAGE 20
062 I000500 1.8
062 J000500 0.0
062 K000500 0.0
062 L000500 0.0
062 M000500 43.4
062 N000500 5.0
062 O000500 0.0
062 P000500 46.0
062 Q000500 0.0
062 R000500 2.2
063 A000500 0
063 B000500 21.0
066 A000500 N
067 000500 N
068 A000500 N
068 B000500 N
069 000500 N
071 A000500 43716
071 B000500 38259
071 C000500 48156
071 D000500 79
072 A000500 12
072 B000500 3585
072 C000500 0
072 D000500 0
072 E000500 0
072 F000500 203
072 G000500 0
072 H000500 0
072 I000500 0
072 J000500 7
072 K000500 0
072 L000500 0
072 M000500 11
072 N000500 0
072 O000500 0
072 P000500 0
072 Q000500 0
072 R000500 16
072 S000500 0
072 T000500 0
072 U000500 0
072 V000500 0
072 W000500 7
072 X000500 244
072 Y000500 1
072 Z000500 3342
072AA000500 1021
072BB000500 0
072CC010500 8937
072CC020500 0
<PAGE> PAGE 21
072DD010500 0
072DD020500 0
072EE000500 0
073 A010500 0.7400
073 A020500 0.0000
073 B000500 0.0000
073 C000500 0.0000
074 A000500 260
074 B000500 0
074 C000500 2090
074 D000500 58556
074 E000500 0
074 F000500 0
074 G000500 0
074 H000500 0
074 I000500 0
074 J000500 0
074 K000500 0
074 L000500 1224
074 M000500 0
074 N000500 62130
074 O000500 0
074 P000500 0
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 112
074 S000500 0
074 T000500 62018
074 U010500 4813
074 U020500 0
074 V010500 12.88
074 V020500 0.00
074 W000500 0.0000
074 X000500 5
074 Y000500 0
075 A000500 0
075 B000500 50812
076 000500 0.00
024 000600 Y
025 A000601 GOLDMAN SACHS GROUP
025 B000601 13-5108880
025 C000601 D
025 D000601 4592
025 A000602 MERRILL LYNCH & CO.
025 B000602 13-5674085
025 C000602 D
025 D000602 4180
025 A000603 MORGAN JP & CO.
025 B000603 13-3388746
<PAGE> PAGE 22
025 C000603 D
025 D000603 4442
025 D000604 0
025 D000605 0
025 D000606 0
025 D000607 0
025 D000608 0
025 A000609 MERRIL LYNCH & CO.
025 B000609 13-5674085
025 C000609 D
025 D000609 1797
025 D000610 0
025 D000611 0
025 D000612 0
025 D000613 0
025 D000614 0
025 D000615 0
025 D000616 0
028 A010600 42472
028 A020600 384
028 A030600 0
028 A040600 41212
028 B010600 40795
028 B020600 378
028 B030600 0
028 B040600 41143
028 C010600 38762
028 C020600 356
028 C030600 0
028 C040600 37025
028 D010600 51878
028 D020600 405
028 D030600 0
028 D040600 43394
028 E010600 44746
028 E020600 418
028 E030600 0
028 E040600 45968
028 F010600 66662
028 F020600 463
028 F030600 0
028 F040600 51278
028 G010600 285315
028 G020600 2404
028 G030600 0
028 G040600 260020
028 H000600 0
062 A000600 Y
062 B000600 0.0
062 C000600 0.0
062 D000600 0.0
<PAGE> PAGE 23
062 E000600 0.0
062 F000600 0.0
062 G000600 0.0
062 H000600 0.0
062 I000600 101.5
062 J000600 0.0
062 K000600 0.0
062 L000600 0.0
062 M000600 0.0
062 N000600 0.0
062 O000600 0.0
062 P000600 0.0
062 Q000600 0.0
062 R000600 -1.5
063 A000600 35
063 B000600 0.0
064 A000600 Y
064 B000600 N
066 A000600 N
067 000600 N
068 A000600 N
068 B000600 N
069 000600 N
071 A000600 0
071 B000600 0
071 C000600 0
071 D000600 0
072 A000600 12
072 B000600 4816
072 C000600 0
072 D000600 0
072 E000600 0
072 F000600 323
072 G000600 0
072 H000600 0
072 I000600 0
072 J000600 12
072 K000600 0
072 L000600 0
072 M000600 19
072 N000600 0
072 O000600 0
072 P000600 0
072 Q000600 0
072 R000600 19
072 S000600 0
072 T000600 0
072 U000600 0
072 V000600 0
072 W000600 10
072 X000600 383
<PAGE> PAGE 24
072 Y000600 2
072 Z000600 4435
072AA000600 0
072BB000600 0
072CC010600 0
072CC020600 0
072DD010600 0
072DD020600 0
072EE000600 0
073 A010600 0.0300
073 A020600 0.0000
073 B000600 0.0000
073 C000600 0.0000
074 A000600 673
074 B000600 0
074 C000600 111985
074 D000600 0
074 E000600 0
074 F000600 0
074 G000600 0
074 H000600 0
074 I000600 0
074 J000600 0
074 K000600 0
074 L000600 727
074 M000600 0
074 N000600 113385
074 O000600 0
074 P000600 0
074 Q000600 0
074 R010600 0
074 R020600 0
074 R030600 0
074 R040600 3018
074 S000600 0
074 T000600 110367
074 U010600 110367
074 U020600 0
074 V010600 1.00
074 V020600 0.00
074 W000600 0.9981
074 X000600 5
074 Y000600 0
075 A000600 83708
075 B000600 0
076 000600 0.00
024 000700 N
025 D000701 0
025 D000702 0
025 D000703 0
025 D000704 0
<PAGE> PAGE 25
025 D000705 0
025 D000706 0
025 D000707 0
025 D000708 0
028 A010700 717
028 A020700 0
028 A030700 0
028 A040700 430
028 B010700 838
028 B020700 0
028 B030700 0
028 B040700 43
028 C010700 424
028 C020700 0
028 C030700 0
028 C040700 208
028 D010700 1341
028 D020700 0
028 D030700 0
028 D040700 112
028 E010700 913
028 E020700 0
028 E030700 0
028 E040700 73
028 F010700 2044
028 F020700 0
028 F030700 0
028 F040700 1661
028 G010700 6277
028 G020700 0
028 G030700 0
028 G040700 2527
028 H000700 0
062 A000700 Y
062 B000700 0.0
062 C000700 27.3
062 D000700 0.0
062 E000700 0.0
062 F000700 0.0
062 G000700 0.0
062 H000700 0.0
062 I000700 0.0
062 J000700 0.0
062 K000700 0.0
062 L000700 0.0
062 M000700 12.7
062 N000700 57.2
062 O000700 0.0
062 P000700 0.0
062 Q000700 0.0
062 R000700 2.8
<PAGE> PAGE 26
063 A000700 0
063 B000700 9.0
066 A000700 N
067 000700 N
068 A000700 N
068 B000700 N
069 000700 N
071 A000700 4547
071 B000700 8
071 C000700 2868
071 D000700 0
072 A000700 12
072 B000700 300
072 C000700 0
072 D000700 0
072 E000700 0
072 F000700 19
072 G000700 0
072 H000700 0
072 I000700 0
072 J000700 3
072 K000700 0
072 L000700 0
072 M000700 1
072 N000700 0
072 O000700 0
072 P000700 0
072 Q000700 0
072 R000700 9
072 S000700 0
072 T000700 0
072 U000700 0
072 V000700 0
072 W000700 0
072 X000700 32
072 Y000700 1
072 Z000700 269
072AA000700 0
072BB000700 0
072CC010700 189
072CC020700 0
072DD010700 0
072DD020700 0
072EE000700 0
073 A010700 0.3400
073 A020700 0.0000
073 B000700 0.0000
073 C000700 0.0000
074 A000700 107
074 B000700 0
074 C000700 2341
<PAGE> PAGE 27
074 D000700 5975
074 E000700 0
074 F000700 0
074 G000700 0
074 H000700 0
074 I000700 0
074 J000700 0
074 K000700 0
074 L000700 143
074 M000700 0
074 N000700 8566
074 O000700 0
074 P000700 0
074 Q000700 0
074 R010700 0
074 R020700 0
074 R030700 0
074 R040700 10
074 S000700 0
074 T000700 8556
074 U010700 838
074 U020700 0
074 V010700 10.21
074 V020700 0.00
074 W000700 0.0000
074 X000700 3
074 Y000700 0
075 A000700 0
075 B000700 4416
076 000700 0.00
SIGNATURE LUIS REY
TITLE ASST. VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 1
<NAME> DIVERSIFIED PORTFOLIO
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 2,640,222
<INVESTMENTS-AT-VALUE> 3,263,357
<RECEIVABLES> 7,821
<ASSETS-OTHER> 13,491
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3,284,669
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12,594
<TOTAL-LIABILITIES> 12,594
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2,653,453
<SHARES-COMMON-STOCK> 208,182
<SHARES-COMMON-PRIOR> 217,633
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 4,513
<ACCUM-APPREC-OR-DEPREC> 623,135
<NET-ASSETS> 3,272,075
<DIVIDEND-INCOME> 36,758
<INTEREST-INCOME> 75,744
<OTHER-INCOME> 0
<EXPENSES-NET> 28,568
<NET-INVESTMENT-INCOME> 83,934
<REALIZED-GAINS-CURRENT> 84,634
<APPREC-INCREASE-CURRENT> 557,722
<NET-CHANGE-FROM-OPS> 726,290
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 83,934
<DISTRIBUTIONS-OF-GAINS> 89,123
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 16,862
<NUMBER-OF-SHARES-REDEEMED> 37,322
<SHARES-REINVESTED> 11,009
<NET-CHANGE-IN-ASSETS> 411,375
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 24
<GROSS-ADVISORY-FEES> 12,544
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 29,623
<AVERAGE-NET-ASSETS> 3,128,742
<PER-SHARE-NAV-BEGIN> 13.14
<PER-SHARE-NII> .43
<PER-SHARE-GAIN-APPREC> 3.03
<PER-SHARE-DIVIDEND> .43
<PER-SHARE-DISTRIBUTIONS> .45
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.72
<EXPENSE-RATIO> .95
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 2
<NAME> EQUITY GROWTH PORTFOLIO
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 1,360,767
<INVESTMENTS-AT-VALUE> 1,770,591
<RECEIVABLES> 2,076
<ASSETS-OTHER> 110,675
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,883,342
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 9,773
<TOTAL-LIABILITIES> 9,773
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,466,410
<SHARES-COMMON-STOCK> 74,621
<SHARES-COMMON-PRIOR> 75,606
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 2,665
<ACCUM-APPREC-OR-DEPREC> 409,824
<NET-ASSETS> 1,873,569
<DIVIDEND-INCOME> 25,185
<INTEREST-INCOME> 23,269
<OTHER-INCOME> 0
<EXPENSES-NET> 21,571
<NET-INVESTMENT-INCOME> 26,883
<REALIZED-GAINS-CURRENT> 93,732
<APPREC-INCREASE-CURRENT> 349,191
<NET-CHANGE-FROM-OPS> 469,806
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 26,948
<DISTRIBUTIONS-OF-GAINS> 96,343
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 14,901
<NUMBER-OF-SHARES-REDEEMED> 20,796
<SHARES-REINVESTED> 4,910
<NET-CHANGE-IN-ASSETS> 317,033
<ACCUMULATED-NII-PRIOR> 65
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 54
<GROSS-ADVISORY-FEES> 7,056
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 22,337
<AVERAGE-NET-ASSETS> 1,749,540
<PER-SHARE-NAV-BEGIN> 20.59
<PER-SHARE-NII> .39
<PER-SHARE-GAIN-APPREC> 5.90
<PER-SHARE-DIVIDEND> .39
<PER-SHARE-DISTRIBUTIONS> 1.38
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 25.11
<EXPENSE-RATIO> 1.28
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 3
<NAME> EQUITY INCOME PORTFOLIO
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 13,736,293
<INVESTMENTS-AT-VALUE> 18,037,659
<RECEIVABLES> 38,942
<ASSETS-OTHER> 72,379
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 18,148,980
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 57,945
<TOTAL-LIABILITIES> 57,945
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 13,754,382
<SHARES-COMMON-STOCK> 922,757
<SHARES-COMMON-PRIOR> 1,043,703
<ACCUMULATED-NII-CURRENT> 40,317
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 5,030
<ACCUM-APPREC-OR-DEPREC> 4,301,366
<NET-ASSETS> 18,091,035
<DIVIDEND-INCOME> 524,805
<INTEREST-INCOME> 178,726
<OTHER-INCOME> 0
<EXPENSES-NET> 95,311
<NET-INVESTMENT-INCOME> 608,220
<REALIZED-GAINS-CURRENT> 365,016
<APPREC-INCREASE-CURRENT> 3,968,525
<NET-CHANGE-FROM-OPS> 4,941,761
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 567,903
<DISTRIBUTIONS-OF-GAINS> 365,016
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 26,583
<NUMBER-OF-SHARES-REDEEMED> 195,103
<SHARES-REINVESTED> 47,574
<NET-CHANGE-IN-ASSETS> 1,886,110
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 5,030
<GROSS-ADVISORY-FEES> 68,915
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 96,080
<AVERAGE-NET-ASSETS> 17,179,871
<PER-SHARE-NAV-BEGIN> 15.53
<PER-SHARE-NII> .69
<PER-SHARE-GAIN-APPREC> 4.45
<PER-SHARE-DIVIDEND> .65
<PER-SHARE-DISTRIBUTIONS> .41
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.61
<EXPENSE-RATIO> .56
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 4
<NAME> INTERMEDIATE TERM BOND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 35,886,047
<INVESTMENTS-AT-VALUE> 36,698,721
<RECEIVABLES> 556,907
<ASSETS-OTHER> 298,188
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 37,553,816
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 33,983
<TOTAL-LIABILITIES> 33,983
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 36,741,227
<SHARES-COMMON-STOCK> 3,548,486
<SHARES-COMMON-PRIOR> 3,312,426
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (34,068)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 812,674
<NET-ASSETS> 37,519,833
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,258,903
<OTHER-INCOME> 0
<EXPENSES-NET> 167,866
<NET-INVESTMENT-INCOME> 2,091,037
<REALIZED-GAINS-CURRENT> (343)
<APPREC-INCREASE-CURRENT> 2,636,279
<NET-CHANGE-FROM-OPS> 4,726,973
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2,091,037
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 910,082
<NUMBER-OF-SHARES-REDEEMED> 871,850
<SHARES-REINVESTED> 197,828
<NET-CHANGE-IN-ASSETS> 5,236,140
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (33,725)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 136,962
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 169,119
<AVERAGE-NET-ASSETS> 34,272,872
<PER-SHARE-NAV-BEGIN> 9.75
<PER-SHARE-NII> .63
<PER-SHARE-GAIN-APPREC> .82
<PER-SHARE-DIVIDEND> .63
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.57
<EXPENSE-RATIO> .49
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 5
<NAME> LONG TERM BOND PORTFOLIO
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 54,354,765
<INVESTMENTS-AT-VALUE> 60,645,547
<RECEIVABLES> 1,223,724
<ASSETS-OTHER> 260,324
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 62,129,595
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 111,706
<TOTAL-LIABILITIES> 111,706
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 56,594,281
<SHARES-COMMON-STOCK> 4,813,370
<SHARES-COMMON-PRIOR> 4,204,125
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (867,174)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 6,290,782
<NET-ASSETS> 62,017,889
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3,585,165
<OTHER-INCOME> 0
<EXPENSES-NET> 242,696
<NET-INVESTMENT-INCOME> 3,342,469
<REALIZED-GAINS-CURRENT> 1,020,813
<APPREC-INCREASE-CURRENT> 8,936,819
<NET-CHANGE-FROM-OPS> 13,300,101
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 3,342,469
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,481,319
<NUMBER-OF-SHARES-REDEEMED> 1,131,582
<SHARES-REINVESTED> 259,508
<NET-CHANGE-IN-ASSETS> 18,005,560
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (1,887,987)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 202,615
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 243,757
<AVERAGE-NET-ASSETS> 50,811,944
<PER-SHARE-NAV-BEGIN> 10.47
<PER-SHARE-NII> .74
<PER-SHARE-GAIN-APPREC> 2.41
<PER-SHARE-DIVIDEND> .74
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.88
<EXPENSE-RATIO> .48
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 6
<NAME> MONEY MARKET PORTFOLIO
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 111,985,205
<INVESTMENTS-AT-VALUE> 111,985,205
<RECEIVABLES> 726,490
<ASSETS-OTHER> 673,134
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 113,384,829
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,017,851
<TOTAL-LIABILITIES> 3,017,851
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 110,366,978
<SHARES-COMMON-STOCK> 110,366,978
<SHARES-COMMON-PRIOR> 83,352,731
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 110,366,978
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4,815,658
<OTHER-INCOME> 0
<EXPENSES-NET> 380,553
<NET-INVESTMENT-INCOME> 4,435,105
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 4,435,105
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4,435,105
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 466,424,179
<NUMBER-OF-SHARES-REDEEMED> 443,845,037
<SHARES-REINVESTED> 4,435,105
<NET-CHANGE-IN-ASSETS> 27,014,247
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 323,058
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 383,422
<AVERAGE-NET-ASSETS> 83,707,757
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> .05
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .46
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 7
<NAME> GOVERNMENT SECURITIES
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 8,129,490
<INVESTMENTS-AT-VALUE> 8,316,405
<RECEIVABLES> 142,572
<ASSETS-OTHER> 107,065
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 8,566,042
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 10,149
<TOTAL-LIABILITIES> 10,149
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 8,368,978
<SHARES-COMMON-STOCK> 838,370
<SHARES-COMMON-PRIOR> 126,641
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 186,915
<NET-ASSETS> 8,555,893
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 300,179
<OTHER-INCOME> 0
<EXPENSES-NET> 30,736
<NET-INVESTMENT-INCOME> 269,443
<REALIZED-GAINS-CURRENT> 163
<APPREC-INCREASE-CURRENT> 189,162
<NET-CHANGE-FROM-OPS> 458,768
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 269,443
<DISTRIBUTIONS-OF-GAINS> 163
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 966,948
<NUMBER-OF-SHARES-REDEEMED> 281,625
<SHARES-REINVESTED> 26,406
<NET-CHANGE-IN-ASSETS> 7,351,662
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 18,670
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 32,484
<AVERAGE-NET-ASSETS> 4,415,911
<PER-SHARE-NAV-BEGIN> 9.51
<PER-SHARE-NII> .34
<PER-SHARE-GAIN-APPREC> .70
<PER-SHARE-DIVIDEND> .34
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.21
<EXPENSE-RATIO> .74
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
