MERRILL LYNCH GROWTH FUND FOR INVESTMENT & RETIREMENT
NSAR-A, 1997-06-27
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<PAGE>      PAGE  1
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SIGNATURE   GERALD M. RICHARD                            
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000807907
<NAME> MERRILL LYNCH GROWTH FUND
<SERIES>
   <NUMBER> 001
   <NAME> CLASS A
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1997
<PERIOD-START>                             NOV-01-1996
<PERIOD-END>                               APR-30-1997
<INVESTMENTS-AT-COST>                       4950280407
<INVESTMENTS-AT-VALUE>                      6162248382
<RECEIVABLES>                                 26516222
<ASSETS-OTHER>                                  136156
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              6188900760
<PAYABLE-FOR-SECURITIES>                      97180230
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     18340486
<TOTAL-LIABILITIES>                          115520716
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    4624408311
<SHARES-COMMON-STOCK>                         47810935
<SHARES-COMMON-PRIOR>                         39328841
<ACCUMULATED-NII-CURRENT>                     22215626
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      214799787
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    1211956320
<NET-ASSETS>                                1249386621
<DIVIDEND-INCOME>                             23717363
<INTEREST-INCOME>                             46128704
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              (40568961)
<NET-INVESTMENT-INCOME>                       29277106
<REALIZED-GAINS-CURRENT>                     214812892
<APPREC-INCREASE-CURRENT>                   (36846347)
<NET-CHANGE-FROM-OPS>                        207243651
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (6605446)
<DISTRIBUTIONS-OF-GAINS>                    (72708025)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       13808293
<NUMBER-OF-SHARES-REDEEMED>                  (8172497)
<SHARES-REINVESTED>                            2846298
<NET-CHANGE-IN-ASSETS>                       979971275
<ACCUMULATED-NII-PRIOR>                        9982308
<ACCUMULATED-GAINS-PRIOR>                    366995191
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                         18502729
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                               41682316
<AVERAGE-NET-ASSETS>                        1191531976
<PER-SHARE-NAV-BEGIN>                            26.87
<PER-SHARE-NII>                                    .23
<PER-SHARE-GAIN-APPREC>                           1.00
<PER-SHARE-DIVIDEND>                             (.16)
<PER-SHARE-DISTRIBUTIONS>                       (1.81)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              26.13
<EXPENSE-RATIO>                                    .80
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000807907
<NAME> MERRILL LYNCH GROWTH FUND
<SERIES>
   <NUMBER> 002
   <NAME> CLASS B
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1997
<PERIOD-START>                             NOV-01-1996
<PERIOD-END>                               APR-30-1997
<INVESTMENTS-AT-COST>                       4950280407
<INVESTMENTS-AT-VALUE>                      6162248382
<RECEIVABLES>                                 26516222
<ASSETS-OTHER>                                  136156
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              6188900760
<PAYABLE-FOR-SECURITIES>                      97180230
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     18340486
<TOTAL-LIABILITIES>                          115520716
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    4624408311
<SHARES-COMMON-STOCK>                        141371049
<SHARES-COMMON-PRIOR>                        116531634
<ACCUMULATED-NII-CURRENT>                     22215626
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      214799787
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    1211956320
<NET-ASSETS>                                3420853717
<DIVIDEND-INCOME>                             23717363
<INTEREST-INCOME>                             46128704
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              (40568961)
<NET-INVESTMENT-INCOME>                       29277106
<REALIZED-GAINS-CURRENT>                     214812892
<APPREC-INCREASE-CURRENT>                   (36846347)
<NET-CHANGE-FROM-OPS>                        207243651
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (5259069)
<DISTRIBUTIONS-OF-GAINS>                   (214744464)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       32601921
<NUMBER-OF-SHARES-REDEEMED>                 (16186190)
<SHARES-REINVESTED>                            8423684
<NET-CHANGE-IN-ASSETS>                       979971275
<ACCUMULATED-NII-PRIOR>                        9982308
<ACCUMULATED-GAINS-PRIOR>                    366995191
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                         18502729
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                               41682316
<AVERAGE-NET-ASSETS>                        3254742934
<PER-SHARE-NAV-BEGIN>                            25.03
<PER-SHARE-NII>                                    .08
<PER-SHARE-GAIN-APPREC>                            .94
<PER-SHARE-DIVIDEND>                             (.04)
<PER-SHARE-DISTRIBUTIONS>                       (1.81)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              24.20
<EXPENSE-RATIO>                                   1.82
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000807907
<NAME> MERRILL LYNCH GROWTH FUND
<SERIES>
   <NUMBER> 003
   <NAME> CLASS C
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1997
<PERIOD-START>                             NOV-01-1996
<PERIOD-END>                               APR-30-1997
<INVESTMENTS-AT-COST>                       4950280407
<INVESTMENTS-AT-VALUE>                      6162248382
<RECEIVABLES>                                 26516222
<ASSETS-OTHER>                                  136156
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              6188900760
<PAYABLE-FOR-SECURITIES>                      97180230
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     18340486
<TOTAL-LIABILITIES>                          115520716
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    4624408311
<SHARES-COMMON-STOCK>                         10967329
<SHARES-COMMON-PRIOR>                          7520629
<ACCUMULATED-NII-CURRENT>                     22215626
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      214799787
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    1211956320
<NET-ASSETS>                                 263790630
<DIVIDEND-INCOME>                             23717363
<INTEREST-INCOME>                             46128704
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              (40568961)
<NET-INVESTMENT-INCOME>                       29277106
<REALIZED-GAINS-CURRENT>                     214812892
<APPREC-INCREASE-CURRENT>                   (36846347)
<NET-CHANGE-FROM-OPS>                        207243651
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (387441)
<DISTRIBUTIONS-OF-GAINS>                    (14376468)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        4340324
<NUMBER-OF-SHARES-REDEEMED>                  (1464863)
<SHARES-REINVESTED>                             571239
<NET-CHANGE-IN-ASSETS>                       979971275
<ACCUMULATED-NII-PRIOR>                        9982308
<ACCUMULATED-GAINS-PRIOR>                    366995191
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                         18502729
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                               41682316
<AVERAGE-NET-ASSETS>                         230481593
<PER-SHARE-NAV-BEGIN>                            24.89
<PER-SHARE-NII>                                    .08
<PER-SHARE-GAIN-APPREC>                            .94
<PER-SHARE-DIVIDEND>                             (.05)
<PER-SHARE-DISTRIBUTIONS>                       (1.81)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              24.05
<EXPENSE-RATIO>                                   1.83
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000807907
<NAME> MERRILL LYNCH GROWTH FUND
<SERIES>
   <NUMBER> 004
   <NAME> CLASS D
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1997
<PERIOD-START>                             NOV-01-1996
<PERIOD-END>                               APR-30-1997
<INVESTMENTS-AT-COST>                       4950280407
<INVESTMENTS-AT-VALUE>                      6162248382
<RECEIVABLES>                                 26516222
<ASSETS-OTHER>                                  136156
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              6188900760
<PAYABLE-FOR-SECURITIES>                      97180230
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     18340486
<TOTAL-LIABILITIES>                          115520716
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    4624408311
<SHARES-COMMON-STOCK>                         43739504
<SHARES-COMMON-PRIOR>                         34814502
<ACCUMULATED-NII-CURRENT>                     22215626
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      214799787
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    1211956320
<NET-ASSETS>                                1139349076
<DIVIDEND-INCOME>                             23717363
<INTEREST-INCOME>                             46128704
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              (40568961)
<NET-INVESTMENT-INCOME>                       29277106
<REALIZED-GAINS-CURRENT>                     214812892
<APPREC-INCREASE-CURRENT>                   (36846347)
<NET-CHANGE-FROM-OPS>                        207243651
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (4791832)
<DISTRIBUTIONS-OF-GAINS>                    (65179339)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       10145272
<NUMBER-OF-SHARES-REDEEMED>                  (3646942)
<SHARES-REINVESTED>                            2426672
<NET-CHANGE-IN-ASSETS>                       979971275
<ACCUMULATED-NII-PRIOR>                        9982308
<ACCUMULATED-GAINS-PRIOR>                    366995191
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                         18502729
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                               41682316
<AVERAGE-NET-ASSETS>                        1063571718
<PER-SHARE-NAV-BEGIN>                            26.79
<PER-SHARE-NII>                                    .19
<PER-SHARE-GAIN-APPREC>                           1.01
<PER-SHARE-DIVIDEND>                             (.13)
<PER-SHARE-DISTRIBUTIONS>                       (1.81)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              26.05
<EXPENSE-RATIO>                                   1.05
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>


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