VAN KAMPEN MERRITT TAX FREE MONEY FUND
497, 1995-07-10
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                     VAN KAMPEN MERRITT TAX FREE MONEY FUND
      SUPPLEMENT DATED JULY 10, 1995, TO PROSPECTUS DATED AUGUST 24, 1994,
        AS PREVIOUSLY SUPPLEMENTED ON DECEMBER 20, 1994 AND MAY 9, 1995
 
     Effective July 10, 1995, the Fund's transfer agent functions will be
handled by ACCESS Investor Services, Inc., a wholly-owned subsidiary of Van
Kampen American Capital, Inc. All correspondence to the Fund's transfer agent
should be sent to the address below:
 
     ACCESS Investor Services, Inc.
     P.O. Box 418256
     Kansas City, MO 64141-9256
     Attn: Van Kampen American Capital Funds
 
     You may continue to use the same investor service and 24-hour automated
telephone numbers to inquire about your account. If you have any questions
please call us at 1-800-341-2911 (TDD users call 1-800-772-8889) between 7:00
a.m. and 7:00 p.m. Central time, Monday through Friday.


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