SCUDDER VARIABLE LIFE INVESTMENT FUND/MA/
24F-2NT, 1998-03-26
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                   Form 24F-2
                        Annual Notice of Securities Sold
                             Pursuant to Rule 24f-2


  Read instructions at end of Form before preparing Form. Please print or type

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1.       Name and address of issuer:

                           Scudder Variable Life Investment Fund
                           Two International Place
                           Boston, MA  02110-4103

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2.       The name of each series or class of securities for which this Form is 
         filed (If the Form is being filed for all series and classes of 
         securities of the issuer, check the box but do not list series or 
         classes):
                           Money Market Portfolio
                           Bond Portfolio
                           Capital Growth Portfolio
                           International Portfolio

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3.       Investment Company Act File Number:  811-4257

         Securities Act File Number:       2-96461

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4(a).    Last day of fiscal year for which this Form is filed:  12/31/97

         Note: If the Form is being filed late, interest must be paid on the 
         registration fee due.
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4(b).    /  /       Check box if this Form is being filed late (i.e., more than 
         --         90 calendar days after the end of the issuer's fiscal year).
                    (See Instruction A.2)

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4(c).    /  /        Check box if this is the last time the issuer will be 
         --          filing this Form.

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5.       Calculation of registration fee:

         (i)   Aggregate sale price of securities sold during the
               fiscal year pursuant to section 24(f):                                                               $ 177,075,018

         (ii)  Aggregate price of securities redeemed or
               repurchased during the fiscal year:                                      $  218,927,936

         (iii) Aggregate price of securities redeemed or
               repurchased during any prior fiscal year ending no
               earlier than October 11, 1995 that were not
               previously used to reduce registration fees payable
               to the commission:                                                       $  0

         (iv)  Total available redemption credits [add items 5(ii) and 5(iii)]:                                    -$ 218,927,936

         (v)   Net sales - if item 5(i) is greater than item 5(iv)
               [subtract item 5(iv) from item 5(i)]:                                                                $  0

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               (vi)   Redemption credits available for use in future years                            $(41,852,918)
               - if item 5(i) is less than item 5(iv) [subtract item 5(iv) from item 5(i)]:

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         (vii)   Multiplier for determining registration fee (See Instruction C.9):                     x  .000295

         (viii)  Registration fee due [multiply item 5(v) by item 5(vii)]
                 (enter "0" if no fee is due):                                                          =$ 0

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6.       Prepaid Shares

         If the response to item 5(i) was determined by deducting an amount of 
         securities that were registered under the Securities Act of 1933 
         pursuant to rule 24e-2 as in effect before October 11, 1997, then 
         report the amount of securities (number of shares or other units) 
         deducted here:  0.  If there is a number of shares or other units
         that were registered pursuant to rule 24e-2 remaining unsold at the end
         of the fiscal year for which this form is filed that are available for 
         use by the issuer in future fiscal years, then state that number here:  0.

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7.       Interest due - if this Form is being filed more than 90 days after the 
         end of the issuer's fiscal year (see Instruction D):

                                                                                                         +$ 0


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8.       Total of the amount of the registration fee due plus any interest due 
         [line 5(viii) plus line 7]:

                                                                                                        =$ 0


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9.       Date the registration fee and any interest payment was sent to the Commission's lockbox depository:

         Method of Delivery:

                                                         Wire Transfer
                                                         Mail or other means

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                                   SIGNATURES


This report has been signed below by the following persons on behalf of the 
issuer and in the capacities and on the dates indicated.


By (Signature and Title)* /s/ Thomas F. McDonough
                          ---------------------------------------------
                           Thomas F. McDonough, Secretary and Treasurer

Date   March 26, 1998

  *Please print the name and title of the signing officer below the signature.

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