<PAGE> PAGE 1
000 B000000 03/31/94
000 C000000 0000797657
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 BT INVESTMENT FUNDS
001 B000000 811-4760
001 C000000 6174230800
002 A000000 6 ST JAMES AVE.
002 B000000 BOSTON
002 C000000 MA
002 D010000 02116
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 3
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
007 C011100 11
007 C011200 12
007 C021200 LIFECYCLE LONG RANGE FUND
007 C031200 N
007 C011300 13
007 C021300 LIFECYCLE MID RANGE FUND
007 C031300 N
007 C011400 14
007 C021400 LIFECYCLE SHORT RANGE FUND
007 C031400 N
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
010 A00AA01 BANKERS TRUST COMPANY
010 C01AA01 NEW YORK
010 C02AA01 NY
<PAGE> PAGE 2
010 C03AA01 10017
011 A00AA01 SIGNATURE BROKER-DEALER SECURITIES,INC
011 B00AA01 8-41134
011 C01AA01 BOSTON
011 C02AA01 MA
011 C03AA01 02116
012 A00AA01 INVESTORS FIDUCIARY TRUST COMPANY
012 B00AA01 84-xxxxxxx
012 C01AA01 KANSAS CITY
012 C02AA01 MO
012 C03AA01 64105
013 A00AA01 COOPERS & LYBRAND
013 B01AA01 KANSAS CITY
013 B02AA01 MO
013 B03AA01 64105
013 B04AA01 1716
015 A00AA01 BANKERS TRUST COMPANY
015 B00AA01 C
015 C01AA01 NEW YORK
015 C02AA01 NY
015 C03AA01 10017
015 E03AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 53
019 C00AA00 BTTINFUNDS
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 ASSET MANAGEMENT PORTFOLIO III
022 B000001 04-3172237
022 C000001 18222
022 D000001 23
022 A000002 ASSET MANAGEMENT PORTFOLIO I
022 B000002 04-3148798
022 C000002 5357
022 D000002 16
022 A000003 ASSET MANAGEMENT PORTFOLIO II
022 B000003 04-3172235
022 C000003 20102
022 D000003 23
022 C000004 0
022 D000004 0
<PAGE> PAGE 3
022 C000005 0
022 D000005 0
022 C000006 0
022 D000006 0
022 C000007 0
022 D000007 0
022 C000008 0
022 D000008 0
022 C000009 0
022 D000009 0
022 C000010 0
022 D000010 0
023 C000000 43681
023 D000000 63
024 00AA00 N
026 A000000 N
026 B000000 N
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
034 00AA00 N
035 00AA00 0
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 Y
041 00AA00 N
042 A00AA00 0
042 B00AA00 0
042 C00AA00 0
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 0
044 00AA00 0
045 00AA00 N
048 00AA00 0.000
048 A01AA00 0
048 A02AA00 0.000
048 B01AA00 0
048 B02AA00 0.000
048 C01AA00 0
048 C02AA00 0.000
<PAGE> PAGE 4
048 D01AA00 0
048 D02AA00 0.000
048 E01AA00 0
048 E02AA00 0.000
048 F01AA00 0
048 F02AA00 0.000
048 G01AA00 0
048 G02AA00 0.000
048 H01AA00 0
048 H02AA00 0.000
048 I01AA00 0
048 I02AA00 0.000
048 J01AA00 0
048 J02AA00 0.000
048 K01AA00 0
048 K02AA00 0.000
055 A00AA00 N
055 B00AA00 N
056 00AA00 N
057 00AA00 N
058 A00AA00 N
058 B00AA00 N
058 C00AA00 N
058 D00AA00 N
058 E00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 20000
062 A00AA00 N
062 B00AA00 0.0
062 C00AA00 0.0
062 D00AA00 0.0
062 E00AA00 0.0
062 F00AA00 0.0
062 G00AA00 0.0
062 H00AA00 0.0
062 I00AA00 0.0
062 J00AA00 0.0
062 K00AA00 0.0
062 L00AA00 0.0
062 M00AA00 0.0
062 N00AA00 0.0
062 O00AA00 0.0
062 P00AA00 0.0
062 Q00AA00 0.0
062 R00AA00 0.0
063 A00AA00 0
063 B00AA00 0.0
066 A00AA00 Y
066 E00AA00 Y
<PAGE> PAGE 5
067 00AA00 Y
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
070 A01AA00 Y
070 A02AA00 N
070 B01AA00 Y
070 B02AA00 N
070 C01AA00 Y
070 C02AA00 N
070 D01AA00 Y
070 D02AA00 N
070 E01AA00 Y
070 E02AA00 N
070 F01AA00 Y
070 F02AA00 N
070 G01AA00 Y
070 G02AA00 N
070 H01AA00 Y
070 H02AA00 N
070 I01AA00 N
070 I02AA00 N
070 J01AA00 Y
070 J02AA00 N
070 K01AA00 Y
070 K02AA00 Y
070 L01AA00 Y
070 L02AA00 N
070 M01AA00 Y
070 M02AA00 N
070 N01AA00 Y
070 N02AA00 N
070 O01AA00 N
070 O02AA00 N
070 P01AA00 N
070 P02AA00 N
070 Q01AA00 N
070 Q02AA00 N
070 R01AA00 Y
070 R02AA00 N
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
<PAGE> PAGE 6
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
080 A00AA00 NATIONAL UNION INSURANCE COMPANY
080 C00AA00 0
081 A00AA00 Y
081 B00AA00 53
082 A00AA00 Y
082 B00AA00 25
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
028 A011200 0
028 A021200 0
028 A031200 0
028 A041200 2
028 B011200 5
028 B021200 0
028 B031200 0
028 B041200 1
028 C011200 0
028 C021200 0
028 C031200 0
028 C041200 4
028 D011200 0
028 D021200 0
028 D031200 0
028 D041200 3
028 E011200 0
028 E021200 0
028 E031200 0
028 E041200 2
028 F011200 5352
028 F021200 0
028 F031200 0
028 F041200 4
028 G011200 5357
028 G021200 0
028 G031200 0
028 G041200 16
028 H001200 0
029 001200 N
030 A001200 0
030 B001200 0.00
030 C001200 0.00
031 A001200 0
<PAGE> PAGE 7
031 B001200 0
032 001200 0
033 001200 0
071 A001200 0
071 B001200 0
071 C001200 0
071 D001200 0
072 A001200 5
072 B001200 0
072 C001200 0
072 D001200 0
072 E001200 10
072 F001200 0
072 G001200 2
072 H001200 0
072 I001200 0
072 J001200 0
072 K001200 0
072 L001200 6
072 M001200 0
072 N001200 2
072 O001200 0
072 P001200 0
072 Q001200 0
072 R001200 6
072 S001200 1
072 T001200 0
072 U001200 1
072 V001200 0
072 W001200 2
072 X001200 20
072 Y001200 19
072 Z001200 9
072AA001200 0
072BB001200 74
072CC011200 0
072CC021200 89
072DD011200 7
072DD021200 0
072EE001200 0
073 A011200 0.0140
073 A021200 0.0000
073 B001200 0.0000
073 C001200 0.0000
074 A001200 0
074 B001200 0
074 C001200 0
074 D001200 0
074 E001200 0
074 F001200 0
074 G001200 0
<PAGE> PAGE 8
074 H001200 0
074 I001200 5201
074 J001200 0
074 K001200 17
074 L001200 0
074 M001200 18
074 N001200 5236
074 O001200 0
074 P001200 0
074 Q001200 0
074 R011200 0
074 R021200 0
074 R031200 0
074 R041200 33
074 S001200 0
074 T001200 5203
074 U011200 538
074 U021200 0
074 V011200 9.68
074 V021200 0.00
074 W001200 0.0000
074 X001200 7
074 Y001200 0
075 A001200 0
075 B001200 905
076 001200 0.00
028 A011300 15000
028 A021300 0
028 A031300 0
028 A041300 0
028 B011300 0
028 B021300 0
028 B031300 0
028 B041300 0
028 C011300 0
028 C021300 82
028 C031300 0
028 C041300 0
028 D011300 0
028 D021300 0
028 D031300 0
028 D041300 0
028 E011300 0
028 E021300 0
028 E031300 0
028 E041300 0
028 F011300 5020
028 F021300 0
028 F031300 0
028 F041300 0
028 G011300 20020
<PAGE> PAGE 9
028 G021300 82
028 G031300 0
028 G041300 0
028 H001300 0
029 001300 N
030 A001300 0
030 B001300 0.00
030 C001300 0.00
071 A001300 0
071 B001300 0
071 C001300 0
071 D001300 0
072 A001300 12
072 B001300 0
072 C001300 0
072 D001300 0
072 E001300 226
072 F001300 0
072 G001300 46
072 H001300 0
072 I001300 0
072 J001300 0
072 K001300 0
072 L001300 6
072 M001300 0
072 N001300 10
072 O001300 0
072 P001300 0
072 Q001300 0
072 R001300 6
072 S001300 1
072 T001300 0
072 U001300 2
072 V001300 0
072 W001300 2
072 X001300 73
072 Y001300 44
072 Z001300 197
072AA001300 18
072BB001300 144
072CC011300 0
072CC021300 921
072DD011300 82
072DD021300 0
072EE001300 0
073 A011300 0.0550
073 A021300 0.0000
073 B001300 0.0000
073 C001300 0.0000
074 A001300 0
074 B001300 0
<PAGE> PAGE 10
074 C001300 0
074 D001300 0
074 E001300 0
074 F001300 0
074 G001300 0
074 H001300 0
074 I001300 19175
074 J001300 0
074 K001300 4
074 L001300 0
074 M001300 28
074 N001300 19207
074 O001300 0
074 P001300 0
074 Q001300 0
074 R011300 0
074 R021300 0
074 R031300 0
074 R041300 37
074 S001300 0
074 T001300 19170
074 U011300 2028
074 U021300 0
074 V011300 9.45
074 V021300 0.00
074 W001300 0.0000
074 X001300 6
074 Y001300 0
075 A001300 0
075 B001300 15487
076 001300 0.00
028 A011400 15000
028 A021400 0
028 A031400 0
028 A041400 0
028 B011400 0
028 B021400 0
028 B031400 0
028 B041400 0
028 C011400 0
028 C021400 84
028 C031400 0
028 C041400 0
028 D011400 0
028 D021400 0
028 D031400 0
028 D041400 0
028 E011400 0
028 E021400 0
028 E031400 0
028 E041400 0
<PAGE> PAGE 11
028 F011400 3139
028 F021400 0
028 F031400 0
028 F041400 0
028 G011400 18139
028 G021400 84
028 G031400 0
028 G041400 0
028 H001400 0
029 001400 N
030 A001400 0
030 B001400 0.00
030 C001400 0.00
071 A001400 0
071 B001400 0
071 C001400 0
071 D001400 0
072 A001400 6
072 B001400 0
072 C001400 0
072 D001400 0
072 E001400 243
072 F001400 0
072 G001400 45
072 H001400 0
072 I001400 0
072 J001400 0
072 K001400 0
072 L001400 6
072 M001400 0
072 N001400 10
072 O001400 0
072 P001400 0
072 Q001400 0
072 R001400 6
072 S001400 1
072 T001400 0
072 U001400 2
072 V001400 0
072 W001400 1
072 X001400 71
072 Y001400 43
072 Z001400 215
072AA001400 28
072BB001400 132
072CC011400 0
072CC021400 668
072DD011400 84
072DD021400 0
072EE001400 0
073 A011400 0.0560
<PAGE> PAGE 12
073 A021400 0.0000
073 B001400 0.0000
073 C001400 0.0000
074 A001400 0
074 B001400 0
074 C001400 0
074 D001400 0
074 E001400 0
074 F001400 0
074 G001400 0
074 H001400 0
074 I001400 17586
074 J001400 0
074 K001400 5
074 L001400 0
074 M001400 28
074 N001400 17619
074 O001400 0
074 P001400 0
074 Q001400 0
074 R011400 0
074 R021400 0
074 R031400 0
074 R041400 37
074 S001400 0
074 T001400 17582
074 U011400 1831
074 U021400 0
074 V011400 9.60
074 V021400 0.00
074 W001400 0.0000
074 X001400 6
074 Y001400 0
075 A001400 0
075 B001400 15282
076 001400 0.00
SIGNATURE J.S. LELKO
TITLE ASST. MANAGE4R