<PAGE> PAGE 1
000 A000000 06/30/96
000 C000000 0000786035
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 LIBERTY ALL-STAR GROWTH FUND
001 B000000 811-4537
001 C000000 6177226000
002 A000000 600 ATLANTIC AVENUE
002 B000000 BOSTON
002 C000000 MA
002 D010000 02210
002 D020000 2214
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
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 A000001 LIBERTY ASSET MANAGEMENT CO
008 B000001 A
008 C000001 801-26296
008 D010001 BOSTON
008 D020001 MA
008 D030001 02210
008 D040001 2214
008 A000002 DELETE
010 A000001 COLONIAL MANAGEMENT ASSOCIATES, INC
010 B000001 801-2019
010 C010001 BOSTON
010 C020001 MA
010 C030001 02111
010 C040001 2214
012 A000001 STATE STREET BANK AND TRUST CO
012 B000001 84-1867445
012 C010001 BOSTON
012 C020001 MA
<PAGE> PAGE 2
012 C030001 02105
013 A000001 KPMG PEAT MARWICK LLP
013 B010001 BOSTON
013 B020001 MA
013 B030001 02108
014 A000001 LIBERTY SECURITIES CORP
014 B000001 8-30670
014 A000002 KEYPORT FINANCIAL SERVICES CORP
014 B000002 8-24435
015 A000001 BOSTON SAFE DEPOSIT AND TRUST COMPANY
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02108
015 E010001 X
018 000000 Y
019 A000000 N
019 B000000 0
020 A000001 MERRILL LYNCH/CITATION
020 B000001 13-5674085
020 C000001 75
020 A000002 STANDARD & POORS SEC INC
020 B000002 13-2671951
020 C000002 12
020 A000003 LIPPER ANALYTICAL SEC CORP
020 B000003 13-2792478
020 C000003 7
020 A000004 DONALDSON AND CO
020 C000004 6
020 A000005 INSTINET
020 C000005 4
020 A000006 BT SECURITIES
020 B000006 13-3311934
020 C000006 4
020 A000007 GOLDMAN SACHS AND CO
020 B000007 13-5108880
020 C000007 3
020 A000008 WEEDEN & CO
020 B000008 13-1944376
020 C000008 3
020 A000009 DLJ
020 B000009 13-2741729
020 C000009 2
020 A000010 LEHMAN BROTHERS
020 B000010 13-2518466
020 C000010 2
021 000000 138
022 A000001 BANKERS TRUST COMPANY
022 B000001 13-4941247
022 C000001 884163
022 D000001 0
<PAGE> PAGE 3
022 A000002 CHASE SECURITIES INC
022 B000002 13-3112953
022 C000002 109615
022 D000002 0
022 A000003 CLARKE (G.X.) & CO
022 B000003 13-2969143
022 C000003 0
022 D000003 5460
022 A000004 FIRST BOSTON CORP
022 B000004 13-5659485
022 C000004 3093
022 D000004 1870
022 A000005 PRUDENTIAL SECURITIES INC
022 B000005 22-2347336
022 C000005 343
022 D000005 3754
022 A000006 BLAIRE (WILLIAM) & COMPANY
022 B000006 36-2214610
022 C000006 3048
022 D000006 269
022 A000007 SALOMON BROTHERS INC.
022 B000007 13-3072694
022 C000007 1038
022 D000007 1991
022 A000008 PAINEWEBBER INCORPORATED
022 B000008 13-2638166
022 C000008 647
022 D000008 1992
022 A000009 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP
022 B000009 13-2741729
022 C000009 988
022 D000009 1179
022 A000010 FIRST CHICAGO CAPITAL MARKETS, INC.
022 B000010 36-3595942
022 C000010 0
022 D000010 1995
023 C000000 1030510
023 D000000 62873
024 000000 Y
025 A000001 MORGAN STANLEY
025 B000001 13-2655998
025 C000001 E
025 D000001 806
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 N
<PAGE> PAGE 4
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 Y
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 N
028 A010000 0
028 A020000 0
028 A030000 0
028 A040000 0
028 B010000 0
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<PAGE> PAGE 5
042 D000000 0
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048 A010000 125000
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048 B010000 125000
048 B020000 0.563
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<PAGE> PAGE 6
054 N000000 N
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<PAGE> PAGE 7
070 E020000 N
070 F010000 N
070 F020000 N
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070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
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<PAGE> PAGE 8
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<PAGE> PAGE 9
077 B000000 N
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SIGNATURE PETER LYDECKER
TITLE CONTROLLER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FINANCIAL
STATEMENTS OF LIBERTY ALL-STAR GROWTH FUND YEAR END DEC-31-1996 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS OF LIBERTY
ALL-STAR GROWTH FUND YEAR END DEC-31-1996
</LEGEND>
<CIK> 0000786035
<NAME> LIBERTY ALL-STAR GROWTH FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 116338
<INVESTMENTS-AT-VALUE> 128676
<RECEIVABLES> 66
<ASSETS-OTHER> 32
<OTHER-ITEMS-ASSETS> 1
<TOTAL-ASSETS> 128775
<PAYABLE-FOR-SECURITIES> 101
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 393
<TOTAL-LIABILITIES> 494
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 106078
<SHARES-COMMON-STOCK> 11339
<SHARES-COMMON-PRIOR> 11339
<ACCUMULATED-NII-CURRENT> 141
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 9724
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 12338
<NET-ASSETS> 128281
<DIVIDEND-INCOME> 583
<INTEREST-INCOME> 426
<OTHER-INCOME> 0
<EXPENSES-NET> 868
<NET-INVESTMENT-INCOME> 141
<REALIZED-GAINS-CURRENT> 5035
<APPREC-INCREASE-CURRENT> 3530
<NET-CHANGE-FROM-OPS> 8706
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 8706
<ACCUMULATED-NII-PRIOR> 22
<ACCUMULATED-GAINS-PRIOR> 4667
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 472
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 868
<AVERAGE-NET-ASSETS> 108654
<PER-SHARE-NAV-BEGIN> 10.55
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> 0.75
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.31
<EXPENSE-RATIO> 1.38
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
