MINNESOTA MUTUAL VARIABLE ANNUITY ACCOUNT
24F-2NT, 1996-02-27
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                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549

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


   1.   Name and address of issuer:  Minnesota Mutual Variable Annuity Account
                                     400 Robert Street North
                                     St. Paul, Minnesota 55101

   2.   Name of each series or class of funds for which this notice is filed:
        Variable Annuity Contracts

   3.   Investment Company Act File Number:  811-4294

        Securities Act File Number:  2-97564; 33-12333; 33-80788

   4.   Last day of fiscal year for which this notice is filed:  December 31,
        1995

   5.   Check box if this notice is being filed more than 180 days after the
        close of the issuer's fiscal year for purposes of reporting securities
        sold after the close of the fiscal year but before termination of the
        issuer's 24f-2 declaration:  Not applicable                         /  /

   6.   Date of termination of issuer's declaration under rule 24f-2(a)(1), if
        applicable (see Instruction A.6):  Not applicable

   7.   Number and amount of securities of the same class or series which had
        been registered under the Securities Act of 1933 other than pursuant to
        rule 24f-2 in a prior fiscal year, but which remained unsold at the
        beginning of the fiscal year:  None

   8.   Number and amount of securities registered during the fiscal year other
        than pursuant to rule 24f-2:  None

   9.   Number and aggregate sale price of securities sold during the fiscal
        year: 133,934,542 units, $231,909,167

   10.  Number and aggregate sale price of securities sold during the fiscal
        year in reliance upon registration pursuant to rule 24f-2:  133,934,542
        units, $231,909,167

   11.  Number and aggregate sale price of securities issued during the fiscal
        year in connection with dividend reinvestment plans, if applicable (see
        Instruction B.7):  None

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   12.  Calculation of registration fee:

        (i)   Aggregate sale price of securities sold during the fiscal year in
              reliance on rule 24f-2 (from Item 10):
                                                      $231,909,167
                                                       -----------------------

        (ii)   Aggregate price of shares issued in connection with dividend
               reinvestment plans (from Item 11, if applicable):
                                                      +       -0-
                                                       -----------------------

        (iii)  Aggregate price of shares redeemed or repurchased during the
               fiscal year (if applicable):
                                                      -146,298,942
                                                       -----------------------

        (iv)   Aggregate price of shares redeemed or repurchased and previously
               applied as a reduction to filing fees pursuant to rule 24e-2 (if
               applicable):
                                                      +       -0-
                                                       -----------------------

        (v)    Net aggregate price of securities sold and issued during the
               fiscal year in reliance on rule 24f-2 [line (i), plus line (ii),
               less line (iii), plus line (iv)] (if applicable):
                                                       85,610,225
                                                       -----------------------

        (vi)   Multiplier prescribed by Section 6(b) of the Securities Act of
               1933 or other applicable law or regulation (see Instruction C.6):
                                                      x1/29 of 1%
                                                       -----------------------

        (vii)  Fee due [line (i) or line (v) multiplied by line (vi)]:
                                                      $29,521
                                                       -----------------------
                                                       -----------------------

Instruction:   Issuers should complete lines (ii), (iii), (iv), and (v) only if
               the form is being filed within 60 days after the close of the
               issuer's fiscal year.  See Instruction C.3.

   13.  Check box if fees are being remitted to the Commission's lockbox
        depository as described in section 3a of the Commission's Rules of
        Informal and Other Procedures (17 CFR 202.3a). / /

        Date of mailing or wire transfer of filing fees to the Commission's
        lockbox depository:

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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)* Robert L. Senkler
                          --------------------------------------------------
                          Robert L. Senkler

                          Chairman of the Board, President and Chief Executive
                          Officer
                          --------------------------------------------------

Date  February 27, 1996
      -----------------------
      * Please print the name and title of the signing officer below the
      signature.


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