BT INVESTMENT FUNDS
NSAR-A, 1998-08-31
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<PAGE>      PAGE  1
000 A000000 06/30/98
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 4108953714
002 A000000 1 SOUTH STREET
002 B000000 BALTIMORE
002 C000000 MD
002 D010000 21202
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  5
007 C010100  1
007 C020100 TAX FREE MONEY FUND
007 C030100 N
007 C010200  2
007 C020200 NY TAX FREE MONEY FUND
007 C030200 N
007 C010300  3
007 C020300 CASH MANAGEMENT FUND
007 C030300 N
007 C010400  4
007 C020400 TREASURY MONEY FUND
007 C030400 N
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
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007 C011100 11
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007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
007 C012100 21
<PAGE>      PAGE  2
007 C022100 100% TREASURY FUND
007 C032100 N
007 C012200 22
007 C012300 23
007 C012400 24
007 C012500 25
007 C012600 26
007 C012700 27
007 C012800 28
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<PAGE>      PAGE  3
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010 A00AA01 BANKERS TRUST COMPANY
010 C01AA01 NEW YORK
010 C02AA01 NY
010 C03AA01 10006
011 A00AA01 FEDERATED SERVICES COMPANY
011 B00AA01 8-15561
011 C01AA01 PITTSBURG
011 C02AA01 PA
011 C03AA01 15222
012 A00AA01 BANKERS TRUST COMPANY
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013 A00AA01 PRICE WATERHOUSE COOPERS LLT
013 B01AA01 BALTIMORE
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015 A00AA01 BANKERS TRUST COMPANY
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015 C02AA01 NY
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015 E03AA01 X
018  00AA00 Y
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022 B000001 04-3086681
<PAGE>      PAGE  4
022 C000001   8542786
022 D000001   8344975
022 A000002 CASH MANAGEMENT PORTFOLIO
022 B000002 04-3086682
022 C000002  16108662
022 D000002  15413915
022 A000003 TAX FREE PORTFOLIO
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022 C000003    625107
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
058 B00AA00 N
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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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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
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<PAGE>      PAGE  19
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<PAGE>      PAGE  20
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<PAGE>      PAGE  21
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066 A002100 N
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SIGNATURE   ED VEILLEUX                                  
TITLE       VICE PRESIDENT      
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000797657
<NAME> BT NEW YORK TAX FREE MONEY FUND
       
<S>                             <C>
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000797657
<NAME> BT TAX FREE MONEY FUND
       
<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000797657
<NAME> BT INVESTMENT CASH MANAGEMENT FUND
       
<S>                             <C>
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</TABLE>


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