<PAGE> PAGE 1
000 A000000 06/30/97
000 C000000 0000765924
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 BERGER OMNI INVESTMENT TRUST
001 B000000 811-4273
001 C000000 3033290200
002 A000000 210 UNIVERSITY BLVD, SUITE 900
002 B000000 DENVER
002 C000000 CO
002 D010000 80206
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 1
007 C010100 1
007 C020100 BERGER SMALL CAP VALUE FUND
007 C030100 N
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 BERGER ASSOCIATES, INC.
008 B00AA01 A
008 C00AA01 801-9451
008 D01AA01 DENVER
008 D02AA01 CO
008 D03AA01 80206
008 A00AA02 PERKINS, WOLF, MCDONNELL & CO.
008 B00AA02 S
008 C00AA02 801-19974
008 D01AA02 CHICAGO
008 D02AA02 IL
008 D03AA02 60604
010 A00AA01 BERGER ASSOCIATES, INC
010 B00AA01 801-9451
010 C01AA01 DENVER
010 C02AA01 CO
010 C03AA01 80206
<PAGE> PAGE 2
011 A00AA01 BERGER DISTRIBUTORS, INC
011 B00AA01 8-49427
011 C01AA01 DENVER
011 C02AA01 CO
011 C03AA01 80206
012 A00AA01 DST SYTEMS INC
012 B00AA01 84-00448
012 C01AA01 KANSAS CITY
012 C02AA01 MO
012 C03AA01 64105
013 A00AA01 PRICE WATERHOUSE LLP
013 B01AA01 DENVER
013 B02AA01 CO
013 B03AA01 80202
014 A00AA01 DST SECURITIES, INC.
014 B00AA01 8-24385
014 A00AA02 FIRST OF MICHIGAN CORP
014 B00AA02 8-17209
015 A00AA01 INVESTORS FIDUCIARY TRUST CO
015 B00AA01 C
015 C01AA01 KANSAS CITY
015 C02AA01 MO
015 C03AA01 64105
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 13
019 C00AA00 BERGERFUND
020 A000001 PERKINS, WOLF, MCDONELL
020 B000001 36-3099763
020 C000001 138
020 A000002 DST
020 B000002 43-1182819
020 C000002 10
020 A000003 NATWEST
020 C000003 5
020 A000004 CANTOR FITZGERALD
020 B000004 13-3680184
020 C000004 5
020 A000005 EDWARD D JONES
020 B000005 43-0895447
020 C000005 5
020 A000006 WHEAT FIRST
020 B000006 54-0796506
020 C000006 4
020 A000007 SHEARSON-SMITH BARNEY
020 B000007 13-1912900
020 C000007 3
020 A000008 W. BLAIR
020 B000008 36-2214610
020 C000008 3
<PAGE> PAGE 3
020 A000009 SMITH, E.H.
020 B000009 13-3371860
020 C000009 3
020 A000010 BARRINGTON
020 B000010 36-2942713
020 C000010 3
021 000000 196
022 A000001 MERRILL LYNCH
022 B000001 13-5674085
022 C000001 30629
022 D000001 14805
022 A000002 HAMBRECHT & QUIST
022 B000002 94-3220242
022 C000002 2128
022 D000002 1413
022 A000003 TUCKER ANTHONY
022 B000003 04-2566229
022 C000003 892
022 D000003 493
022 A000004 SHEARSON LEHMAN-SMITH BARNEY
022 B000004 94-2537674
022 C000004 1350
022 D000004 0
022 A000005 MONTGOMERY
022 B000005 94-1701676
022 C000005 834
022 D000005 326
022 A000006 COWEN & CO.
022 B000006 13-5616116
022 C000006 479
022 D000006 664
022 A000007 KEEFE BRUYETTE & WOODS
022 B000007 13-1964616
022 C000007 847
022 D000007 265
022 A000008 DONALDSON, LUFKIN, JENERETTE
022 B000008 13-2741729
022 C000008 764
022 D000008 201
022 A000009 CHICAGO CORP
022 B000009 36-2549961
022 C000009 94
022 D000009 766
022 A000010 HERZOG, HEINE, GEDULD
022 B000010 13-1955436
022 C000010 695
022 D000010 0
023 C000000 43485
023 D000000 20012
024 00AA00 N
025 D00AA01 0
<PAGE> PAGE 4
025 D00AA02 0
025 D00AA03 0
025 D00AA04 0
025 D00AA05 0
025 D00AA06 0
025 D00AA07 0
025 D00AA08 0
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 Y
026 F000000 N
026 G010000 N
026 G020000 Y
026 H000000 N
027 000000 Y
028 A01AA00 1149
028 A02AA00 0
028 A03AA00 0
028 A04AA00 670
028 B01AA00 1764
028 B02AA00 0
028 B03AA00 0
028 B04AA00 255
028 C01AA00 7636
028 C02AA00 0
028 C03AA00 0
028 C04AA00 335
028 D01AA00 6223
028 D02AA00 0
028 D03AA00 0
028 D04AA00 1801
028 E01AA00 6141
028 E02AA00 0
028 E03AA00 0
028 E04AA00 2133
028 F01AA00 9285
028 F02AA00 0
028 F03AA00 0
028 F04AA00 3525
028 G01AA00 32198
028 G02AA00 0
028 G03AA00 0
028 G04AA00 8719
028 H00AA00 0
029 00AA00 N
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
031 A00AA00 0
<PAGE> PAGE 5
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 Y
041 00AA00 Y
042 A00AA00 0
042 B00AA00 0
042 C00AA00 0
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
042 G00AA00 100
042 H00AA00 0
043 00AA00 11
044 00AA00 1420
045 00AA00 Y
046 00AA00 Y
047 00AA00 Y
048 00AA00 0.900
048 A01AA00 0
048 A02AA00 0.000
048 B01AA00 0
048 B02AA00 0.000
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 0
048 K02AA00 0.000
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
<PAGE> PAGE 6
053 A00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 Y
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
055 A00AA00 Y
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 2000
062 A00AA00 N
062 B00AA00 0.0
062 C00AA00 0.0
062 D00AA00 0.0
062 E00AA00 0.0
062 F00AA00 0.0
062 G00AA00 0.0
062 H00AA00 0.0
062 I00AA00 0.0
062 J00AA00 0.0
062 K00AA00 0.0
062 L00AA00 0.0
062 M00AA00 0.0
062 N00AA00 0.0
062 O00AA00 0.0
062 P00AA00 0.0
062 Q00AA00 0.0
062 R00AA00 0.0
063 A00AA00 0
063 B00AA00 0.0
066 A00AA00 Y
066 B00AA00 N
066 C00AA00 Y
066 D00AA00 N
066 E00AA00 N
066 F00AA00 N
<PAGE> PAGE 7
066 G00AA00 N
067 00AA00 N
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
070 A01AA00 Y
070 A02AA00 N
070 B01AA00 Y
070 B02AA00 N
070 C01AA00 Y
070 C02AA00 N
070 D01AA00 Y
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 Y
070 L01AA00 Y
070 L02AA00 N
070 M01AA00 Y
070 M02AA00 N
070 N01AA00 N
070 N02AA00 N
070 O01AA00 N
070 O02AA00 N
070 P01AA00 Y
070 P02AA00 N
070 Q01AA00 N
070 Q02AA00 N
070 R01AA00 N
070 R02AA00 N
071 A00AA00 38403
071 B00AA00 21188
071 C00AA00 42480
071 D00AA00 50
072 A00AA00 6
072 B00AA00 153
072 C00AA00 254
072 D00AA00 0
072 E00AA00 0
072 F00AA00 218
<PAGE> PAGE 8
072 G00AA00 2
072 H00AA00 0
072 I00AA00 24
072 J00AA00 8
072 K00AA00 0
072 L00AA00 18
072 M00AA00 2
072 N00AA00 13
072 O00AA00 0
072 P00AA00 0
072 Q00AA00 8
072 R00AA00 15
072 S00AA00 17
072 T00AA00 11
072 U00AA00 0
072 V00AA00 0
072 W00AA00 4
072 X00AA00 340
072 Y00AA00 0
072 Z00AA00 70
072AA00AA00 5840
072BB00AA00 0
072CC01AA00 1620
072CC02AA00 0
072DD01AA00 0
072DD02AA00 0
072EE00AA00 0
073 A01AA00 0.0000
073 A02AA00 0.0000
073 B00AA00 0.0000
073 C00AA00 0.0000
074 A00AA00 262
074 B00AA00 0
074 C00AA00 9146
074 D00AA00 0
074 E00AA00 0
074 F00AA00 58785
074 G00AA00 0
074 H00AA00 0
074 I00AA00 0
074 J00AA00 146
074 K00AA00 0
074 L00AA00 49
074 M00AA00 0
074 N00AA00 68388
074 O00AA00 1272
074 P00AA00 47
074 Q00AA00 0
074 R01AA00 0
074 R02AA00 0
074 R03AA00 0
<PAGE> PAGE 9
074 R04AA00 23
074 S00AA00 0
074 T00AA00 67046
074 U01AA00 1377
074 U02AA00 2145
074 V01AA00 19.03
074 V02AA00 19.04
074 W00AA00 0.0000
074 X00AA00 3475
074 Y00AA00 0
075 A00AA00 0
075 B00AA00 47976
076 00AA00 0.00
077 A000000 Y
077 K000000 Y
078 000000 N
080 A00AA00 FEDERAL INSURANCE COMPANY
080 C00AA00 5500
081 A00AA00 Y
081 B00AA00 9
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 Y
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
086 A01AA00 0
086 A02AA00 0
086 B01AA00 0
086 B02AA00 0
086 C01AA00 0
086 C02AA00 0
086 D01AA00 0
086 D02AA00 0
086 E01AA00 0
086 E02AA00 0
086 F01AA00 0
<PAGE> PAGE 10
086 F02AA00 0
SIGNATURE JOHN PAGANELLI
TITLE MGR OF FUND ACCTG
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000765924
<NAME> BERGER OMNI INVESTMENT TRUST
<SERIES>
<NUMBER> 1
<NAME> BERGER SMALL CAP VALUE FUND; INVESTOR SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 58235720
<INVESTMENTS-AT-VALUE> 67930856
<RECEIVABLES> 195297
<ASSETS-OTHER> 261869
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 68388022
<PAYABLE-FOR-SECURITIES> 1271920
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 70176
<TOTAL-LIABILITIES> 1342096
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 51349024
<SHARES-COMMON-STOCK> 1376817
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 85877
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 5915889
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 9695136
<NET-ASSETS> 67045926
<DIVIDEND-INCOME> 253873
<INTEREST-INCOME> 153463
<OTHER-INCOME> 0
<EXPENSES-NET> 337679
<NET-INVESTMENT-INCOME> 69657
<REALIZED-GAINS-CURRENT> 5840058
<APPREC-INCREASE-CURRENT> 1619546
<NET-CHANGE-FROM-OPS> 7529261
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1538453
<NUMBER-OF-SHARES-REDEEMED> 161636
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 31005277
<ACCUMULATED-NII-PRIOR> 16220
<ACCUMULATED-GAINS-PRIOR> 75831
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 218413
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 340103
<AVERAGE-NET-ASSETS> 12050613
<PER-SHARE-NAV-BEGIN> 17.24
<PER-SHARE-NII> .02
<PER-SHARE-GAIN-APPREC> 1.77
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.03
<EXPENSE-RATIO> 1.4
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000765924
<NAME> BERGER OMNI INVESTMENT TRUST
<SERIES>
<NUMBER> 2
<NAME> BERGER SMALL CAP VALUE FUND; INST SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 58235720
<INVESTMENTS-AT-VALUE> 67930856
<RECEIVABLES> 195297
<ASSETS-OTHER> 261869
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 68388022
<PAYABLE-FOR-SECURITIES> 1271920
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 70176
<TOTAL-LIABILITIES> 1342096
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 51349024
<SHARES-COMMON-STOCK> 2145087
<SHARES-COMMON-PRIOR> 2186549
<ACCUMULATED-NII-CURRENT> 85877
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 5915889
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 9695136
<NET-ASSETS> 67045926
<DIVIDEND-INCOME> 253873
<INTEREST-INCOME> 153463
<OTHER-INCOME> 0
<EXPENSES-NET> 337679
<NET-INVESTMENT-INCOME> 69657
<REALIZED-GAINS-CURRENT> 5840058
<APPREC-INCREASE-CURRENT> 1619546
<NET-CHANGE-FROM-OPS> 7529261
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 288382
<NUMBER-OF-SHARES-REDEEMED> 329844
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 31005277
<ACCUMULATED-NII-PRIOR> 16220
<ACCUMULATED-GAINS-PRIOR> 75831
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 218413
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 340103
<AVERAGE-NET-ASSETS> 38856458
<PER-SHARE-NAV-BEGIN> 16.48
<PER-SHARE-NII> .02
<PER-SHARE-GAIN-APPREC> 2.54
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.04
<EXPENSE-RATIO> 1.44
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>