<PAGE> 1
Supplement dated
October 14, 1997
MONY SERIES FUND, INC.
Supplement to Prospectus Dated May 1, 1997
On pages 2-3, the first and second sentences of the first paragraph following
the caption "Investment Management Fees and Expenses" are deleted and the
following sentences are inserted:
MONY America's fee for its investment management services to the Equity Income,
Equity Growth, Intermediate Term Bond, Long Term Bond, Government Securities,
Diversified, and Money Market Portfolios of the Fund is a daily charge equal to
an annual rate of 0.50 percent of the first $400 million of the average daily
net assets of each of the Fund's Portfolio except the Money Market Portfolio;
0.40 percent of the first $400 million of the average daily net assets of
the Money Market Portfolio; 0.35 percent of the next $400 million of the
average daily net assets for each of the Fund's Portfolios; and 0.30 percent of
the average daily net assets of each of the Fund's Portfolios in excess of $800
million. MONY America has agreed to bear all expenses associated with
organizing the Fund, the initial registration of its securities, and the
compensation of the Fund's directors, officers and employees who are interested
persons of MONY America.
On page 19, the second, third and fourth sentences of the second paragraph
following the caption "Investment Management Arrangements and Expenses" are
deleted and the following sentences are inserted:
The fee is a daily charge equal to an annual rate of 0.50 percent of the first
$400 million of the average daily net assets of each of the Fund's Portfolios
except the Money Market Portfolio and 0.40 percent of the first $400 million of
the average daily net assets of the Money Market Portfolio; 0.35 percent of the
next $400 million of the average daily net assets for each of the Fund's
Portfolios; and 0.30 percent of the average daily net assets of each of the
Fund's Portfolios in excess of $800 million. MONY America has agreed to bear
all expenses (i) for the Fund's organization, (ii) related to initial
registration and qualification under federal and state securities laws, and
(iii) for compensation of the Fund's directors, officers and employees who are
interested persons (as defined by the 1940 Act) of MONY America.
On page 20 of the MONY Series Fund Prospectus, the first sentence of the sixth
paragraph following the caption "Investment Management Arrangements and
Expenses" is deleted and the following sentence is inserted:
The Investment Advisory Agreement was initially approved by the Fund's Board of
Directors, including a majority of the non-interested directors (as defined by
the 1940 Act), on January 2, 1985, and an amended Investment Advisory Agreement
was approved on August 4, 1997.
Form No. 13453SL (10/97) 2-95501
