<PAGE> PAGE 1
000 A000000 12/31/97
000 C000000 795927
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 VKAC TAX FREE MONEY FUND
001 B000000 811-4718
001 C000000 6306846000
002 A000000 ONE PARKVIEW PLAZA
002 B000000 OAKBROOK TERRACE
002 C000000 IL
002 D010000 60181
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 VAN KAMPEN AMERICAN CAPITAL INVESTMENT ADVISO
008 B000001 A
008 C000001 801-18161
008 D010001 OAKBROOK TERRACE
008 D020001 IL
008 D030001 60181
011 A000001 VAN KAMPEN AMERICAN CAPITAL DISTRIBUTORS INC.
011 B000001 8-19412
011 C010001 OAKBROOK TERRACE
011 C020001 IL
011 C030001 60181
012 A000001 ACCESS INVESTOR SERVICES, INC.
012 B000001 85-5003
012 C010001 KANSAS CITY
012 C020001 MO
012 C030001 64141
012 C040001 9256
013 A000001 KPMG PEAT MARWICK LLP
013 B010001 CHICAGO
<PAGE> PAGE 2
013 B020001 IL
013 B030001 60601
014 A000001 MORGAN STANLEY & CO., INCORPORATED
014 B000001 8-0000
014 A000002 DEAN WITTER REYNOLDS, INC.
014 B000002 8-0000
015 A000001 STATE STREET BANK AND TRUST COMPANY
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02105
015 E010001 X
018 000000 Y
019 A000000 Y
019 B000000 118
019 C000000 VANKAMPENA
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 LEHMAN BROTHERS
022 B000001 13-2518466
022 C000001 18730
022 D000001 21230
022 A000002 MERRILL LYNCH
022 B000002 13-5674085
022 C000002 16000
022 D000002 12700
022 A000003 GOLDMAN SACHS
022 B000003 13-5108880
022 C000003 10513
022 D000003 7500
022 A000004 J.P. MORGAN
022 B000004 13-3224016
022 C000004 7000
022 D000004 8700
022 A000005 PAINE WEBBER
022 B000005 13-2638166
022 C000005 7700
022 D000005 7700
022 A000006 FIRST ALBANY
022 B000006 14-1391446
022 C000006 5600
022 D000006 6900
<PAGE> PAGE 3
022 A000007 LEGG MASON WOOD WALKER INC
022 B000007 73-1102349
022 C000007 2510
022 D000007 1500
022 A000008 FIRST MICHIGAN
022 B000008 38-0540750
022 C000008 3000
022 D000008 0
022 A000009 SMITH BARNEY
022 B000009 13-1912900
022 C000009 1500
022 D000009 1500
022 A000010 STIFEL NICOLAUS & CO.
022 B000010 43-0538770
022 C000010 1509
022 D000010 0
023 C000000 78477
023 D000000 79902
024 000000 N
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
028 A010000 6505
028 A020000 79
028 A030000 0
028 A040000 7582
028 B010000 7297
028 B020000 76
028 B030000 0
028 B040000 6512
028 C010000 9483
028 C020000 76
028 C030000 0
028 C040000 9934
028 D010000 7374
028 D020000 77
028 D030000 0
028 D040000 9591
028 E010000 8021
028 E020000 80
028 E030000 0
028 E040000 7708
028 F010000 13777
028 F020000 81
<PAGE> PAGE 4
028 F030000 0
028 F040000 12816
028 G010000 52457
028 G020000 469
028 G030000 0
028 G040000 54143
028 H000000 0
029 000000 N
030 A000000 0
030 B000000 0.00
030 C000000 0.00
034 000000 N
035 000000 0
036 B000000 0
037 000000 N
038 000000 0
039 000000 N
040 000000 Y
041 000000 Y
042 A000000 0
042 B000000 0
042 C000000 0
042 D000000 100
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 40
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.000
048 A010000 500000
048 A020000 0.500
048 B010000 500000
048 B020000 0.475
048 C010000 500000
048 C020000 0.425
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
<PAGE> PAGE 5
048 J010000 0
048 J020000 0.000
048 K010000 1500000
048 K020000 0.375
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 Y
053 B000000 N
053 C000000 Y
054 A000000 Y
054 B000000 N
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 Y
054 H000000 N
054 I000000 Y
054 J000000 N
054 K000000 N
054 L000000 N
054 M000000 N
054 N000000 N
054 O000000 N
055 A000000 N
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 500
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 98.9
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
<PAGE> PAGE 6
062 Q000000 0.0
062 R000000 0.0
063 A000000 53
063 B000000 0.0
064 A000000 Y
064 B000000 N
066 A000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 N
070 A020000 N
070 B010000 N
070 B020000 N
070 C010000 N
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 N
070 J020000 N
070 K010000 N
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 N
070 N020000 N
070 O010000 N
070 O020000 N
070 P010000 N
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 78475
071 B000000 79902
071 C000000 31392
071 D000000 250
<PAGE> PAGE 7
072 A000000 6
072 B000000 608
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 81
072 G000000 0
072 H000000 0
072 I000000 35
072 J000000 4
072 K000000 0
072 L000000 15
072 M000000 11
072 N000000 18
072 O000000 0
072 P000000 0
072 Q000000 9
072 R000000 12
072 S000000 6
072 T000000 41
072 U000000 0
072 V000000 0
072 W000000 5
072 X000000 237
072 Y000000 99
072 Z000000 470
072AA000000 0
072BB000000 0
072CC010000 0
072CC020000 0
072DD010000 470
072DD020000 0
072EE000000 0
073 A010000 0.0150
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 66
074 B000000 0
074 C000000 31469
074 D000000 0
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 0
074 K000000 0
074 L000000 602
074 M000000 24
074 N000000 32161
<PAGE> PAGE 8
074 O000000 0
074 P000000 36
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 292
074 S000000 0
074 T000000 31833
074 U010000 31854
074 U020000 0
074 V010000 1.00
074 V020000 0.00
074 W000000 0.9993
074 X000000 1832
074 Y000000 0
075 A000000 31892
075 B000000 0
076 000000 0.00
077 A000000 N
077 B000000 N
077 C000000 N
080 A000000 ICI MUTUAL INSURANCE CO.
080 C000000 65000
081 A000000 Y
081 B000000 117
082 A000000 Y
082 B000000 100
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
SIGNATURE NICK DALMASO
TITLE ASSISTANT SECRETARY
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 011
<NAME> TAX FREE MONEY A
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-1998
<PERIOD-START> JUL-01-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 31,468,681
<INVESTMENTS-AT-VALUE> 31,468,681
<RECEIVABLES> 602,357
<ASSETS-OTHER> 24,109
<OTHER-ITEMS-ASSETS> 66,169
<TOTAL-ASSETS> 32,161,316
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 328,352
<TOTAL-LIABILITIES> 328,352
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 31,853,933
<SHARES-COMMON-STOCK> 31,853,933
<SHARES-COMMON-PRIOR> 33,085,766
<ACCUMULATED-NII-CURRENT> 438
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (21,407)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 31,832,964
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 607,408
<OTHER-INCOME> 0
<EXPENSES-NET> (137,700)
<NET-INVESTMENT-INCOME> 469,708
<REALIZED-GAINS-CURRENT> 60
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 469,768
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (469,397)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 52,456,659
<NUMBER-OF-SHARES-REDEEMED> (54,157,889)
<SHARES-REINVESTED> 469,397
<NET-CHANGE-IN-ASSETS> (1,231,462)
<ACCUMULATED-NII-PRIOR> 127
<ACCUMULATED-GAINS-PRIOR> (21,467)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 80,852
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 236,700
<AVERAGE-NET-ASSETS> 31,892,288
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.015
<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> (0.015)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.86
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>