C FUNDS GROUP INC
24F-2NT, 1997-02-28
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                        C/FUNDS GROUP, INC.
                           P.O. Box 622
                       Venice, FL 34284-0622
                          (941) 488-6772




FILED VIA EDGAR


February 20, 1997

Securities & Exchange Commission
Filing Desk
450 5th Street NW
Washington, DC 20549


               RULE 24F-2 NOTICE FOR C/FUNDS GROUP, INC.


RE:  File #2-96218d under 1933 Act re registration of C/FUNDS GROUP, INC.
     File #811-4246 under 1940 Act re registration of C/FUNDS GROUP, INC.

In  conformance  with registration requirements under the above  acts  and  in 
compliance with Rule 24(f)2, under which registrant has elected to register an 
unlimited number of shares, C/FUNDS GROUP, INC., hereby submits the  following 
for the fiscal year ending 12/31/96:

Total Number of Shares Issued and Outstanding at 12/31/96     1,427,090
Increase  (Decerase) in Number of Shares Outstanding 
During Year Fiscal Year 1996                               207,471 1
Registration Fee Due and Payable on Shares Issued During Period:   $827.89

1 For  the  period  January 1, 1996 thru December  31, 1996, shares  sold  to  
acquiring  shareholders  totaled  693,033 for a total  consideration  paid  of 
$7,562,106.   For  the same period shares redeemed from  selling  shareholders 
totaled 485,562  shares for a total consideration of $5,161,216 leaving a  net 
of  207,471 shares sold to acquiring shareholders at a total consideration  of 
$2,400,890.

Payment of the above fee in the amount was wired via FEDWIRE. Attached is  the 
copy of the attorney's opinion concerning the legality of shares issued is en-
closed.   Please advise if the SEC has any comments or any other  requirements 
that must be met to keep its registration current with the SEC.


Respectfully,



Roland G. Caldwell, Jr.
Secretary/Treasurer

Encls

rgc/dw/jr





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