DELAWARE GROUP DELCAP FUND INC
NSAR-A, 1996-05-29
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<PAGE>      PAGE  1
000 A000000 03/31/96
000 C000000 0000778108
000 D000000 N
000 E000000 NF
000 F000000 Y
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000 I000000 3.0.a
000 J000000 A
001 A000000 DELAWARE GROUP DELCAP FUND, INC.
001 B000000 811-4413
001 C000000 2152552926
002 A000000 2005 MARKET STREET
002 B000000 PHILADELPHIA
002 C000000 PA
002 D010000 19103
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020 A000001 MORGAN STANLEY & COMPANY, INC.
020 B000001 13-2655998
020 C000001     85
020 A000002 SMITH BARNEY SHEARSON, INC.
020 B000002 13-1912900
020 C000002     78
020 A000003 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
020 B000003 13-2741729
020 C000003     61
020 A000004 ALEX BROWN & SONS, INC.
020 B000004 52-0256630
020 C000004     40
020 A000005 MONTGOMERY SECURITIES
020 B000005 94-1701676
020 C000005     37
020 A000006 COUNTY SECURITIES
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<PAGE>      PAGE  2
020 A000007 EXECUTION SERVICES, INC.
020 C000007     33
020 A000008 LAWRENCE (C.J.)
020 C000008     30
020 A000009 PRUDENTIAL SECURITIES, INC.
020 B000009 22-2347336
020 C000009     30
020 A000010 SOUNDVIEW FINANCIAL GROUP, INC.
020 B000010 13-2998183
020 C000010     30
021  000000      694
022 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
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022 B000002 52-0256630
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022 A000003 MORGAN STANLEY & COMPANY, INC.
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022 C000003     13912
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022 A000004 GOLDMAN, SACHS & CO.
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022 C000004     10440
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022 A000005 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
022 B000005 13-2741729
022 C000005     11744
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022 A000006 PRUDENTIAL SECURITIES, INC.
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022 C000006     12812
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022 A000007 SMITH BARNEY SHEARSON, INC.
022 B000007 13-1912900
022 C000007      7866
022 D000007      5732
022 A000008 NEEDHAM & COMPANY, INC.
022 B000008 13-3255839
022 C000008      5227
022 D000008      7948
022 A000009 ROBERTSON, STEPHENS & COMPANY, L.P.
022 B000009 94-2524501
022 C000009      6464
022 D000009      5576
022 A000010 MONTGOMERY SECURITIES
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SIGNATURE   ROSEMARY E. MILNER                           
TITLE       VICE PRESIDENT      
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778108
<NAME> DELAWARE GROUP DELCAP FUND, INC.
<SERIES> 
  <NUMBER> 011
  <NAME> DELCAP FUND A CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1995
<PERIOD-END>                               MAR-31-1996
<INVESTMENTS-AT-COST>                      740,300,121
<INVESTMENTS-AT-VALUE>                   1,038,734,583
<RECEIVABLES>                               10,807,674
<ASSETS-OTHER>                                   1,957
<OTHER-ITEMS-ASSETS>                           101,094
<TOTAL-ASSETS>                           1,049,645,308
<PAYABLE-FOR-SECURITIES>                     6,060,905
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    6,701,629
<TOTAL-LIABILITIES>                         12,762,534
<SENIOR-EQUITY>                                372,235
<PAID-IN-CAPITAL-COMMON>                   679,736,898
<SHARES-COMMON-STOCK>                       31,576,768
<SHARES-COMMON-PRIOR>                       30,782,239
<ACCUMULATED-NII-CURRENT>                  (3,507,900)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     61,847,079
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   298,434,462
<NET-ASSETS>                               878,098,130
<DIVIDEND-INCOME>                            1,387,848
<INTEREST-INCOME>                            1,666,626
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               6,562,374
<NET-INVESTMENT-INCOME>                    (3,507,900)
<REALIZED-GAINS-CURRENT>                    72,638,332
<APPREC-INCREASE-CURRENT>                   23,028,122
<NET-CHANGE-FROM-OPS>                       92,158,554
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                   106,000,980
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      5,554,951
<NUMBER-OF-SHARES-REDEEMED>                  8,395,050
<SHARES-REINVESTED>                          3,634,628
<NET-CHANGE-IN-ASSETS>                      16,223,309
<ACCUMULATED-NII-PRIOR>                    (6,001,322)
<ACCUMULATED-GAINS-PRIOR>                  117,604,587
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        3,750,907
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              6,562,374
<AVERAGE-NET-ASSETS>                       861,362,303
<PER-SHARE-NAV-BEGIN>                           28.870
<PER-SHARE-NII>                                (0.100)
<PER-SHARE-GAIN-APPREC>                          2.580
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                        3.540
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             27.810
<EXPENSE-RATIO>                                   1.35
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778108
<NAME> DELAWARE GROUP DELCAP FUND, INC.
<SERIES>
  <NUMBER> 012
  <NAME> DELCAP FUND B CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1995
<PERIOD-END>                               MAR-31-1996
<INVESTMENTS-AT-COST>                      740,300,121
<INVESTMENTS-AT-VALUE>                   1,038,734,583
<RECEIVABLES>                               10,807,674
<ASSETS-OTHER>                                   1,957
<OTHER-ITEMS-ASSETS>                           101,094
<TOTAL-ASSETS>                           1,049,645,308
<PAYABLE-FOR-SECURITIES>                     6,060,905
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    6,701,629
<TOTAL-LIABILITIES>                         12,762,534
<SENIOR-EQUITY>                                372,235
<PAID-IN-CAPITAL-COMMON>                   679,736,898
<SHARES-COMMON-STOCK>                          204,459
<SHARES-COMMON-PRIOR>                           94,459
<ACCUMULATED-NII-CURRENT>                  (3,507,900)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     61,847,079
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   298,434,462
<NET-ASSETS>                                 5,625,246
<DIVIDEND-INCOME>                            1,387,848
<INTEREST-INCOME>                            1,666,626
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               6,562,374
<NET-INVESTMENT-INCOME>                    (3,507,900)
<REALIZED-GAINS-CURRENT>                    72,638,332
<APPREC-INCREASE-CURRENT>                   23,028,122
<NET-CHANGE-FROM-OPS>                       92,158,554
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                       422,917
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        105,676
<NUMBER-OF-SHARES-REDEEMED>                     11,868
<SHARES-REINVESTED>                             16,192
<NET-CHANGE-IN-ASSETS>                      16,223,309
<ACCUMULATED-NII-PRIOR>                    (6,001,322)
<ACCUMULATED-GAINS-PRIOR>                  117,604,587
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        3,750,907
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              6,562,374
<AVERAGE-NET-ASSETS>                         3,955,194
<PER-SHARE-NAV-BEGIN>                           28.680
<PER-SHARE-NII>                                (0.192)
<PER-SHARE-GAIN-APPREC>                          2.562
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                        3.540
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             27.510
<EXPENSE-RATIO>                                   2.05
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778108
<NAME> DELAWARE GROUP DELCAP FUND, INC.
<SERIES>
  <NUMBER> 013
  <NAME> DELCAP FUND C CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1995
<PERIOD-END>                               MAR-31-1996
<INVESTMENTS-AT-COST>                      740,300,121
<INVESTMENTS-AT-VALUE>                   1,038,734,583
<RECEIVABLES>                               10,807,674
<ASSETS-OTHER>                                   1,957
<OTHER-ITEMS-ASSETS>                           101,094
<TOTAL-ASSETS>                           1,049,645,308
<PAYABLE-FOR-SECURITIES>                     6,060,905
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    6,701,629
<TOTAL-LIABILITIES>                         12,762,534
<SENIOR-EQUITY>                                372,235
<PAID-IN-CAPITAL-COMMON>                   679,736,898
<SHARES-COMMON-STOCK>                            6,822
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                  (3,507,900)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     61,847,079
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   298,434,462
<NET-ASSETS>                                   189,256
<DIVIDEND-INCOME>                            1,387,848
<INTEREST-INCOME>                            1,666,626
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               6,562,374
<NET-INVESTMENT-INCOME>                    (3,507,900)
<REALIZED-GAINS-CURRENT>                    72,638,332
<APPREC-INCREASE-CURRENT>                   23,028,122
<NET-CHANGE-FROM-OPS>                       92,158,554
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             4
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          6,859
<NUMBER-OF-SHARES-REDEEMED>                         37
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                      16,223,309
<ACCUMULATED-NII-PRIOR>                    (6,001,322)
<ACCUMULATED-GAINS-PRIOR>                  117,604,587
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        3,750,907
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              6,562,374
<AVERAGE-NET-ASSETS>                            46,120
<PER-SHARE-NAV-BEGIN>                           28.880
<PER-SHARE-NII>                                (0.136)
<PER-SHARE-GAIN-APPREC>                          2.536
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                        3.540
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             27.740
<EXPENSE-RATIO>                                   2.05
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778108
<NAME> DELAWARE GROUP DELCAP FUND, INC.
<SERIES>
  <NUMBER> 014
  <NAME> DELCAP FUND INSTITUTIONAL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1995
<PERIOD-END>                               MAR-31-1996
<INVESTMENTS-AT-COST>                      740,300,121
<INVESTMENTS-AT-VALUE>                   1,038,734,583
<RECEIVABLES>                               10,807,674
<ASSETS-OTHER>                                   1,957
<OTHER-ITEMS-ASSETS>                           101,094
<TOTAL-ASSETS>                           1,049,645,308
<PAYABLE-FOR-SECURITIES>                     6,060,905
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    6,701,629
<TOTAL-LIABILITIES>                         12,762,534
<SENIOR-EQUITY>                                372,235
<PAID-IN-CAPITAL-COMMON>                   679,736,898
<SHARES-COMMON-STOCK>                        5,435,404
<SHARES-COMMON-PRIOR>                        4,441,206
<ACCUMULATED-NII-CURRENT>                  (3,507,900)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     61,847,079
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   298,434,462
<NET-ASSETS>                               152,970,142
<DIVIDEND-INCOME>                            1,387,848
<INTEREST-INCOME>                            1,666,626
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               6,562,374
<NET-INVESTMENT-INCOME>                    (3,507,900)
<REALIZED-GAINS-CURRENT>                    72,638,332
<APPREC-INCREASE-CURRENT>                   23,028,122
<NET-CHANGE-FROM-OPS>                       92,158,554
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                    15,970,617 
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,334,707
<NUMBER-OF-SHARES-REDEEMED>                    951,007
<SHARES-REINVESTED>                            610,498
<NET-CHANGE-IN-ASSETS>                      16,223,309
<ACCUMULATED-NII-PRIOR>                    (6,001,322)
<ACCUMULATED-GAINS-PRIOR>                  117,604,587
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        3,750,907
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              6,562,374
<AVERAGE-NET-ASSETS>                       135,802,155
<PER-SHARE-NAV-BEGIN>                           29.130
<PER-SHARE-NII>                                (0.059)
<PER-SHARE-GAIN-APPREC>                          2.609
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                        3.540
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             28.140
<EXPENSE-RATIO>                                   1.05
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>


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