<PAGE> PAGE 1
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000 C000000 0000786035
000 D000000 N
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000 F000000 Y
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000 J000000 U
001 A000000 LIBERTY ALL-STAR GROWTH FUND, INC.
001 B000000 811-4537
001 C000000 6177226000
002 A000000 600 ATLANTIC AVENUE
002 B000000 BOSTON
002 C000000 MA
002 D010000 02210
002 D020000 2214
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004 000000 N
005 000000 N
006 000000 N
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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 MISSISSIPPI VALLEY ADVISORS
008 B000002 S
008 C000002 801-28897
008 D010002 ST. LOUIS
008 D020002 MO
008 D030002 61366
008 A000003 OPPENHEIMER CAPITAL CORPORATION
008 B000003 S
008 C000003 801-10708
008 D010003 NEW YORK
008 D020003 NY
<PAGE> PAGE 2
008 D030003 10281
008 A000004 PROVIDENT INVESTMENT COUNSEL, INC.
008 B000004 S
008 C000004 801-8811
008 D010004 PASADENA
008 D020004 CA
008 D030004 91101
010 A000001 LIBERTY ASSET MANAGEMENT CO
010 B000001 801-26296
010 C010001 BOSTON
010 C020001 MA
010 C030001 02110
010 C040001 2214
010 A000002 COLONIAL MANAGEMENT ASSOCIATES, INC
010 B000002 801-2019
010 C010002 BOSTON
010 C020002 MA
010 C030002 02111
012 A000001 STATE STREET BANK AND TRUST CO
012 B000001 84-1867445
012 C010001 BOSTON
012 C020001 MA
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
014 A000003 COLONIAL INVESTMENT SERVICES, INC.
014 B000003 8-44998
014 A000004 OPPENHEIMER & CO, INC.
014 B000004 8-18333
014 A000005 OPPENHEIMER GOVERNMENT SECURITIES, INC
014 B000005 8-38045
014 A000006 MERCANTILE INVESTMENT SERVICES, INC.
014 B000006 8-37913
014 A000007 INDEPENDANT FINANCIAL SECURITIES, INC.
014 B000007 8-00000
014 A000008 RFI DISTRIBUTORS, INC.
014 B000008 8-8-41126
014 A000009 DELETE
015 A000001 BOSTON SAFE DEPOSIT AND TRUST COMPANY
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02108
015 E010001 X
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<PAGE> PAGE 3
019 A000000 N
019 B000000 0
020 A000001 MERRILL LYNCH, PIERCE, FENNER AND SMITH, INC
020 B000001 13-5674085
020 C000001 95
020 A000002 STANDARD & POORS
020 B000002 22-2294521
020 C000002 15
020 A000003 LIPPER ANALYTICAL
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020 C000003 8
020 A000004 DONALDSON & COMPANY
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020 C000004 6
020 A000005 INSTINET
020 C000005 5
020 A000006 BT SECURITIES
020 B000006 13-3311934
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020 A000007 GOLDMAN SACHS AND CO
020 B000007 13-5108880
020 C000007 4
020 A000008 WEEDEN & CO
020 B000008 13-1944376
020 C000008 4
020 A000009 SALOMON BROTHERS
020 B000009 13-3082694
020 C000009 3
020 A000010 MORGAN STANLEY
020 B000010 13-2655998
020 C000010 3
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022 A000001 BANKERS TRUST COMPANY
022 B000001 13-4941247
022 C000001 1352049
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022 A000003 CHASE
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022 A000004 MERILL LYNCH, PIERCE, FENNER AND SMITH, INC
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022 A000005 GX CLARKE
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<PAGE> PAGE 4
022 B000006 13-5659485
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022 C000009 560
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022 C000010 717
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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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 REFRENCE TO SUCH FINANCIAL STATEMENTS OF LIBERTY ALL-STAR
EQUITY GROWTH FUND YEAR END DEC-31-1996
</LEGEND>
<CIK> 0000786035
<NAME> LIBERTY ALL-STAR GROWTH FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> DEC-31-1996
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<RECEIVABLES> 1275
<ASSETS-OTHER> 0
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<PAYABLE-FOR-SECURITIES> 195
<SENIOR-LONG-TERM-DEBT> 0
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<TOTAL-LIABILITIES> 648
<SENIOR-EQUITY> 0
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<REALIZED-GAINS-CURRENT> 7600
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</TABLE>
