<PAGE> PAGE 1
000 A000000 03/31/97
000 C000000 0000811911
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 TAX-EXEMPT CALIFORNIA MONEY MARKET FUND
001 B000000 811-5076
001 C000000 3125377000
002 A000000 222 SOUTH RIVERSIDE PLAZA
002 B000000 CHICAGO
002 C000000 IL
002 D010000 60606
002 D020000 5808
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 ZURICH KEMPER INVESTMENTS, INC.
008 B000001 A
008 C000001 801-6634
008 D010001 CHICAGO
008 D020001 IL
008 D030001 60606
008 D040001 5808
010 A000001 ZURICH KEMPER DISTRIBUTORS, INC.
010 B000001 8-47765
010 C010001 CHICAGO
010 C020001 IL
010 C030001 60606
010 C040001 5808
011 A000001 ZURICH KEMPER DISTRIBUTORS, INC.
011 B000001 8-47765
011 C010001 CHICAGO
011 C020001 IL
011 C030001 60606
<PAGE> PAGE 2
011 C040001 5808
012 A000001 ZURICH KEMPER SERVICE COMPANY
012 B000001 84-1713
012 C010001 KANSAS CITY
012 C020001 IL
012 C030001 64105
013 A000001 ERNST & YOUNG LLP
013 B010001 CHICAGO
013 B020001 IL
013 B030001 60606
014 A000001 ZURICH KEMPER DISTRIBUTORS, INC.
014 B000001 8-47765
014 A000002 GRUNTAL SECURITIES, INC.
014 B000002 8-31022
014 A000003 THE GMS GROUP, INC.
014 B000003 8-23936
015 A000001 INVESTORS FIDUCIARY TRUST COMPANY
015 B000001 C
015 C010001 KANSAS CITY
015 C020001 MO
015 C030001 64105
015 E010001 X
015 A000002 STATE STREET BANK AND TRUST COMPANY
015 B000002 S
015 C010002 BOSTON
015 C020002 MA
015 C030002 02110
015 E010002 X
018 000000 Y
019 A000000 Y
019 B000000 57
019 C000000 KEMPERFNDS
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 PAINEWEBBER INCORPORATED
022 B000001 13-2638166
022 C000001 13100
022 D000001 28179
022 A000002 SMITH BARNEY INC.
022 B000002 13-1912900
022 C000002 12940
022 D000002 15008
<PAGE> PAGE 3
022 A000003 GOLDMAN SACHS & CO.
022 B000003 13-5108880
022 C000003 11400
022 D000003 13914
022 A000004 MORGAN (J.P.) SECURITIES INC.
022 B000004 13-3224016
022 C000004 12100
022 D000004 12409
022 A000005 MERRILL LYNCH PIERCE, FENNER & SMITH INC.
022 B000005 13-5674085
022 C000005 4200
022 D000005 8340
022 A000006 BANKERS TRUST COMPANY
022 B000006 13-4941247
022 C000006 3700
022 D000006 7808
022 A000007 BANK OF AMERICA
022 B000007 94-1687665
022 C000007 0
022 D000007 9336
022 A000008 LEHMAN BROTHERS INC.
022 B000008 13-2518466
022 C000008 6000
022 D000008 2301
022 A000009 RAUSCHER PIERCE REFSNES, INC.
022 B000009 75-1828470
022 C000009 3000
022 D000009 2226
022 A000010 BEAR, STEARNS & CO. INC.
022 B000010 13-3299429
022 C000010 0
022 D000010 1601
023 C000000 66440
023 D000000 101122
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
<PAGE> PAGE 4
026 H000000 N
027 000000 Y
028 A010000 38673
028 A020000 279
028 A030000 0
028 A040000 33420
028 B010000 33506
028 B020000 295
028 B030000 0
028 B040000 33155
028 C010000 17844
028 C020000 0
028 C030000 0
028 C040000 106565
028 D010000 8987
028 D020000 166
028 D030000 0
028 D040000 9181
028 E010000 10876
028 E020000 94
028 E030000 0
028 E040000 10500
028 F010000 6657
028 F020000 69
028 F030000 0
028 F040000 6817
028 G010000 116543
028 G020000 903
028 G030000 0
028 G040000 199638
028 H000000 0
029 000000 N
030 A000000 0
030 B000000 0.00
030 C000000 0.00
031 A000000 0
031 B000000 0
032 000000 0
033 000000 0
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 0
<PAGE> PAGE 5
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 100
043 000000 117
044 000000 132
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.000
048 A010000 500000
048 A020000 0.220
048 B010000 500000
048 B020000 0.200
048 C010000 1000000
048 C020000 0.175
048 D010000 1000000
048 D020000 0.160
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
048 J010000 0
048 J020000 0.000
048 K010000 3000000
048 K020000 0.150
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
<PAGE> PAGE 6
054 O000000 N
055 A000000 Y
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 1000
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 99.6
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
062 Q000000 0.0
062 R000000 0.0
063 A000000 18
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 Y
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
<PAGE> PAGE 7
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 N
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 N
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 0
071 B000000 0
071 C000000 0
071 D000000 0
072 A000000 6
072 B000000 1222
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 78
072 G000000 0
072 H000000 0
072 I000000 0
072 J000000 28
072 K000000 0
072 L000000 7
072 M000000 7
072 N000000 1
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 8
072 S000000 3
072 T000000 117
072 U000000 0
072 V000000 0
072 W000000 1
072 X000000 250
072 Y000000 0
<PAGE> PAGE 8
072 Z000000 972
072AA000000 0
072BB000000 0
072CC010000 0
072CC020000 0
072DD010000 972
072DD020000 0
072EE000000 0
073 A010000 0.0137
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 6
074 B000000 0
074 C000000 36544
074 D000000 0
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 100
074 K000000 0
074 L000000 175
074 M000000 0
074 N000000 36825
074 O000000 0
074 P000000 17
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 116
074 S000000 0
074 T000000 36692
074 U010000 36992
074 U020000 0
074 V010000 1.00
074 V020000 0.00
074 W000000 1.0000
074 X000000 262
074 Y000000 0
075 A000000 70832
075 B000000 0
076 000000 0.00
077 A000000 N
078 000000 N
080 C000000 0
081 B000000 0
082 B000000 0
083 B000000 0
<PAGE> PAGE 9
084 B000000 0
SIGNATURE JEROME L. DUFFY
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE 1997
SEMIANNUAL REPORT TO SHAREHOLDERS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL INFORMATION.
</LEGEND>
<CIK> 0000811911
<NAME> TAX-EXEMPT CALIFORNIA MONEY MARKET FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1997
<PERIOD-START> OCT-01-1996
<PERIOD-END> MAR-31-1997
<INVESTMENTS-AT-COST> 36,544
<INVESTMENTS-AT-VALUE> 36,544
<RECEIVABLES> 275
<ASSETS-OTHER> 6
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 36,825
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 133
<TOTAL-LIABILITIES> 133
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 36,692
<SHARES-COMMON-STOCK> 36,692
<SHARES-COMMON-PRIOR> 118,884
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 36,692
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,222
<OTHER-INCOME> 0
<EXPENSES-NET> (250)
<NET-INVESTMENT-INCOME> 972
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 0
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (972)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 116,543
<NUMBER-OF-SHARES-REDEEMED> (199,638)
<SHARES-REINVESTED> 903
<NET-CHANGE-IN-ASSETS> (82,192)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 78
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 250
<AVERAGE-NET-ASSETS> 70,832
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.01)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .71
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
