<PAGE> PAGE 1
000 A000000 04/30/96
000 C000000 0000812015
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 THE ALLIANCE PORTFOLIOS
001 B000000 811-5088
001 C000000 2013194000
002 A000000 500 PLAZA DRIVE
002 B000000 SECAUCUS
002 C000000 NJ
002 D010000 07094
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 5
007 C010100 1
007 C020100 GROWTH FUND
007 C030100 N
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 A00AA01 ALLIANCE CAPITAL MANAGEMENT L.P.
008 B00AA01 A
008 C00AA01 801-32361
008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10105
010 A00AA01 ALLIANCE CAPITAL MANAGEMENT L.P.
010 B00AA01 801-32361
010 C01AA01 NEW YORK
010 C02AA01 NY
010 C03AA01 10105
011 A00AA01 ALLIANCE FUND DISTRIBUTORS, INC.
011 B00AA01 8-30851
011 C01AA01 NEW YORK
011 C02AA01 NY
011 C03AA01 10105
012 A00AA01 ALLIANCE FUND SERVICES, INC.
<PAGE> PAGE 2
012 B00AA01 84-0001187
012 C01AA01 SECAUCUS
012 C02AA01 NJ
012 C03AA01 07094
013 A00AA01 PRICE WATERHOUSE LLP
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10036
014 A00AA01 DONALDSON LUFKIN & JENRETTE SECURITIES CORP.
014 B00AA01 8-00017574
014 A00AA02 PERSHING
014 B00AA02 8-00017574
014 A00AA03 AUTRONET
014 B00AA03 8-00017574
015 A00AA01 STATE STREET BANK AND TRUST COMPANY
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02110
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 48
019 C00AA00 ALLIANCECA
020 A000001 SMITH BARNEY
020 B000001 13-1912900
020 C000001 123
020 A000002 MORGAN STANLEY & CO. INC.,
020 B000002 13-2655998
020 C000002 112
020 A000003 BAIRD, ROBERT W.
020 B000003 39-6037917
020 C000003 95
020 A000004 SALOMON BROTHERS
020 B000004 13-3082694
020 C000004 81
020 A000005 RAYMOND JAMES & ASSOCIATES
020 B000005 59-1237041
020 C000005 73
020 A000006 MERRILL LYNCH PIERCE FENNER & SMITH
020 B000006 13-5674085
020 C000006 55
020 A000007 A.G. EDWARDS & SONS
020 B000007 13-5659485
020 C000007 52
020 A000008 U.S. CLEARING CORP.
020 B000008 13-2967453
020 C000008 51
020 A000009 LEHMAN BROTHERS
020 B000009 13-2638166
020 C000009 46
<PAGE> PAGE 3
020 A000010 PIPER JAFFRAY INC.
020 B000010 41-0953246
020 C000010 40
021 000000 1173
022 A000001 AUBREY LANSTON
022 B000001 13-5552129
022 C000001 4004068
022 D000001 42438
022 A000002 MORGAN STANLEY AND COMPANY
022 B000002 13-2655998
022 C000002 82151
022 D000002 88619
022 A000003 SALOMON BROTHERS
022 B000003 13-3082694
022 C000003 103390
022 D000003 32782
022 A000004 GOLDMAN SACHS
022 B000004 13-5108880
022 C000004 38803
022 D000004 9095
022 A000005 UBS SECURITIES, INC.
022 B000005 13-2932996
022 C000005 18574
022 D000005 22431
022 A000006 SANWA BANK
022 B000006 13-3046258
022 C000006 29686
022 D000006 0
022 A000007 MERRILL LYNCH PIERCE FENNER & SMITH
022 B000007 13-5674085
022 C000007 13204
022 D000007 0
022 A000008 STATE STREET BANK AND TRUST
022 B000008 04-1867445
022 C000008 9177
022 D000008 0
022 A000009 LEHMAN BROTHERS
022 B000009 13-2638166
022 C000009 6270
022 D000009 1438
022 A000010 DEAN WITTER
022 C000010 6483
022 D000010 0
023 C000000 4331829
023 D000000 206730
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 N
026 E000000 N
026 F000000 N
<PAGE> PAGE 4
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 Y
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 N
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 Y
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 250
077 A000000 Y
077 B000000 N
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
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 Y
077 P000000 N
077 Q010000 Y
077 Q020000 N
<PAGE> PAGE 5
077 Q030000 N
078 000000 N
080 A00AA00 ICI MUTUAL INSURANCE COMPANY
080 B00AA00 GULF INSURANCE COMPANY
080 C00AA00 69000
081 A00AA00 Y
081 B00AA00 93
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 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
024 000100 Y
025 A000101 DEAN WITTER
025 C000101 E
025 D000101 4785
025 D000102 0
025 D000103 0
025 D000104 0
025 D000105 0
025 D000106 0
025 D000107 0
025 D000108 0
028 A010100 97707
028 A020100 0
028 A030100 0
028 A040100 31721
028 B010100 111320
028 B020100 40062
028 B030100 0
028 B040100 31840
028 C010100 129746
028 C020100 0
028 C030100 0
028 C040100 41839
028 D010100 134518
<PAGE> PAGE 6
028 D020100 0
028 D030100 0
028 D040100 46708
028 E010100 130966
028 E020100 0
028 E030100 0
028 E040100 38480
028 F010100 140529
028 F020100 0
028 F030100 0
028 F040100 46741
028 G010100 744786
028 G020100 40062
028 G030100 0
028 G040100 237329
028 H000100 174809
029 000100 Y
030 A000100 2923
030 B000100 4.25
030 C000100 4.25
031 A000100 125
031 B000100 0
032 000100 2798
033 000100 0
034 000100 Y
035 000100 1366
036 A000100 N
036 B000100 0
037 000100 N
038 000100 0
039 000100 N
040 000100 Y
041 000100 Y
042 A000100 0
042 B000100 0
042 C000100 100
042 D000100 0
042 E000100 0
042 F000100 0
042 G000100 0
042 H000100 0
043 000100 10669
044 000100 396
045 000100 Y
046 000100 N
047 000100 Y
048 000100 0.750
048 A010100 0
048 A020100 0.000
048 B010100 0
048 B020100 0.000
<PAGE> PAGE 7
048 C010100 0
048 C020100 0.000
048 D010100 0
048 D020100 0.000
048 E010100 0
048 E020100 0.000
048 F010100 0
048 F020100 0.000
048 G010100 0
048 G020100 0.000
048 H010100 0
048 H020100 0.000
048 I010100 0
048 I020100 0.000
048 J010100 0
048 J020100 0.000
048 K010100 0
048 K020100 0.000
062 A000100 N
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
063 A000100 0
063 B000100 0.0
066 A000100 Y
066 B000100 N
066 C000100 N
066 D000100 Y
066 E000100 N
066 F000100 N
066 G000100 N
067 000100 N
068 A000100 N
068 B000100 N
069 000100 N
070 A010100 Y
070 A020100 N
<PAGE> PAGE 8
070 B010100 Y
070 B020100 N
070 C010100 Y
070 C020100 N
070 D010100 Y
070 D020100 N
070 E010100 Y
070 E020100 N
070 F010100 Y
070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 Y
070 H020100 N
070 I010100 Y
070 I020100 N
070 J010100 Y
070 J020100 Y
070 K010100 Y
070 K020100 Y
070 L010100 Y
070 L020100 Y
070 M010100 Y
070 M020100 Y
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 Y
070 Q020100 N
070 R010100 Y
070 R020100 N
071 A000100 843692
071 B000100 353819
071 C000100 2356324
071 D000100 15
072 A000100 6
072 B000100 2545
072 C000100 15289
072 D000100 0
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072 G000100 0
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072 I000100 2029
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<PAGE> PAGE 9
072 N000100 194
072 O000100 0
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072 W000100 26
072 X000100 22234
072 Y000100 0
072 Z000100 -4400
072AA000100 68891
072BB000100 0
072CC010100 202011
072CC020100 0
072DD010100 1878
072DD020100 0
072EE000100 52054
073 A010100 0.1880
073 A020100 0.0000
073 B000100 1.8840
073 C000100 0.0000
074 A000100 172
074 B000100 0
074 C000100 99410
074 D000100 30990
074 E000100 0
074 F000100 2675887
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 8387
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074 L000100 13992
074 M000100 0
074 N000100 2828838
074 O000100 10649
074 P000100 3642
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 38304
074 R040100 2312
074 S000100 0
074 T000100 2773931
074 U010100 100059
074 U020100 0
074 V010100 32.26
074 V020100 0.00
<PAGE> PAGE 10
074 W000100 0.0000
074 X000100 196702
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SIGNATURE CATHY WHITE
TITLE ASST VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000812015
<NAME> THE ALLIANCE PORTFOLIOS
<SERIES>
<NUMBER> 011
<NAME> GROWTH FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 2,360,886,211
<INVESTMENTS-AT-VALUE> 2,806,286,502
<RECEIVABLES> 22,379,671
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 172,301
<TOTAL-ASSETS> 2,828,838,474
<PAYABLE-FOR-SECURITIES> 10,649,308
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 44,257,716
<TOTAL-LIABILITIES> 54,907,024
<SENIOR-EQUITY> 1,001
<PAID-IN-CAPITAL-COMMON> 2,276,326,645
<SHARES-COMMON-STOCK> 12,265,422
<SHARES-COMMON-PRIOR> 9,673,820
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (7,145,631)
<ACCUMULATED-NET-GAINS> 63,566,459
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 441,182,976
<NET-ASSETS> 2,773,931,450
<DIVIDEND-INCOME> 15,288,995
<INTEREST-INCOME> 2,545,053
<OTHER-INCOME> 0
<EXPENSES-NET> (22,233,843)
<NET-INVESTMENT-INCOME> (4,399,795)
<REALIZED-GAINS-CURRENT> 68,891,266
<APPREC-INCREASE-CURRENT> 202,011,191
<NET-CHANGE-FROM-OPS> 266,502,662
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,878,354)
<DISTRIBUTIONS-OF-GAINS> (6,274,504)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,634,371
<NUMBER-OF-SHARES-REDEEMED> (3,281,426)
<SHARES-REINVESTED> 238,657
<NET-CHANGE-IN-ASSETS> 760,089,229
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 46,729,327
<OVERDISTRIB-NII-PRIOR> (867,482)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 8,879,611
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 22,233,843
<AVERAGE-NET-ASSETS> 336,333,131
<PER-SHARE-NAV-BEGIN> 29.48
<PER-SHARE-NII> 0.04
<PER-SHARE-GAIN-APPREC> 3.56
<PER-SHARE-DIVIDEND> (0.19)
<PER-SHARE-DISTRIBUTIONS> (0.63)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 32.26
<EXPENSE-RATIO> 1.28
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000812015
<NAME> THE ALLIANCE PORTFOLIOS
<SERIES>
<NUMBER> 012
<NAME> GROWTH FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 2,360,886,211
<INVESTMENTS-AT-VALUE> 2,806,286,502
<RECEIVABLES> 22,379,671
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 172,301
<TOTAL-ASSETS> 2,828,838,474
<PAYABLE-FOR-SECURITIES> 10,649,308
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 44,257,716
<TOTAL-LIABILITIES> 54,907,024
<SENIOR-EQUITY> 1,001
<PAID-IN-CAPITAL-COMMON> 2,276,326,645
<SHARES-COMMON-STOCK> 76,055,891
<SHARES-COMMON-PRIOR> 60,609,109
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (7,145,631)
<ACCUMULATED-NET-GAINS> 63,566,459
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 441,182,976
<NET-ASSETS> 2,773,931,450
<DIVIDEND-INCOME> 15,288,995
<INTEREST-INCOME> 2,545,053
<OTHER-INCOME> 0
<EXPENSES-NET> (22,233,843)
<NET-INVESTMENT-INCOME> (4,399,795)
<REALIZED-GAINS-CURRENT> 68,891,266
<APPREC-INCREASE-CURRENT> 202,011,191
<NET-CHANGE-FROM-OPS> 266,502,662
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (39,764,335)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 18,431,206
<NUMBER-OF-SHARES-REDEEMED> (4,167,302)
<SHARES-REINVESTED> 1,182,878
<NET-CHANGE-IN-ASSETS> 760,089,229
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 46,729,327
<OVERDISTRIB-NII-PRIOR> (867,482)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 8,879,611
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 22,233,843
<AVERAGE-NET-ASSETS> 1,774,366,315
<PER-SHARE-NAV-BEGIN> 24.78
<PER-SHARE-NII> (0.05)
<PER-SHARE-GAIN-APPREC> 2.99
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.63)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 27.09
<EXPENSE-RATIO> 1.98
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000812015
<NAME> THE ALLIANCE PORTFOLIOS
<SERIES>
<NUMBER> 013
<NAME> GROWTH FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 2,360,886,211
<INVESTMENTS-AT-VALUE> 2,806,286,502
<RECEIVABLES> 22,379,671
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 172,301
<TOTAL-ASSETS> 2,828,838,474
<PAYABLE-FOR-SECURITIES> 10,649,308
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 44,257,716
<TOTAL-LIABILITIES> 54,907,024
<SENIOR-EQUITY> 1,001
<PAID-IN-CAPITAL-COMMON> 2,276,326,645
<SHARES-COMMON-STOCK> 11,737,962
<SHARES-COMMON-PRIOR> 9,143,242
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (7,145,631)
<ACCUMULATED-NET-GAINS> 63,566,459
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 441,182,976
<NET-ASSETS> 2,773,931,450
<DIVIDEND-INCOME> 15,288,995
<INTEREST-INCOME> 2,545,053
<OTHER-INCOME> 0
<EXPENSES-NET> (22,233,843)
<NET-INVESTMENT-INCOME> (4,399,795)
<REALIZED-GAINS-CURRENT> 68,891,266
<APPREC-INCREASE-CURRENT> 202,011,191
<NET-CHANGE-FROM-OPS> 266,502,662
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (6,015,295)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,487,358
<NUMBER-OF-SHARES-REDEEMED> (1,017,964)
<SHARES-REINVESTED> 125,326
<NET-CHANGE-IN-ASSETS> 760,089,229
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 46,729,327
<OVERDISTRIB-NII-PRIOR> (867,482)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 8,879,611
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 22,233,843
<AVERAGE-NET-ASSETS> 270,207,246
<PER-SHARE-NAV-BEGIN> 24.79
<PER-SHARE-NII> (0.05)
<PER-SHARE-GAIN-APPREC> 2.99
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.63)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 27.10
<EXPENSE-RATIO> 1.98
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
[DESCRIPTION]Report of 10f-3 Transactions
Securities Purchases in Underwritings Involving
Transactions with Donaldson, Lufkin, & Jenrette Securities Corporation
Subject to Rule 10f-3 Under the Investment Company Act of 1940
ALLIANCE GROWTH FUND
10f-3 TRANSACTIONS FOR THE PERIOD SEP 1, 1995 THROUGH NOV 30, 1995
<TABLE>
<CAPTION
Total
Shares Shares % of Issue Shares
Date Shares % of Fund Price per Purchased by Issued Purchased Held
Security Purchased Purchased Assets Share Fund Group (000) By Group Broker(s) 11/30/95
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
CBL & ASSOC 09/19/95 20,000 0.02% 20.63 20,000 3,640 0.55% GOLDMAN SACHS 264,000
</TABLE>
<TABLE>
10f-3 TRANSACTIONS FOR THE PERIOD DEC 1, 1995 THROUGH FEB 29, 1996
<CAPTION>
Total
Shares Shares % of Issue Shares
Date Shares % of Fund Price per Purchased by Issued Purchased Held
Security Purchased Purchased Assets Share Fund Group (000) By Group Broker(s) 02/29/96
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
NONE
</TABLE>
<TABLE>
10f-3 TRANSACTIONS FOR THE PERIOD MAR 1, 1996 THROUGH MAY 31, 1996
<CAPTION>
Total
Shares Shares % of Issue Shares
Date Shares % of Fund Price per Purchased by Issued Purchased Held
Security Purchased Purchased Assets Share Fund Group (000) By Group Broker(s) 05/31/96
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
FIRST CAP 05/07/96 46,300 0.04% 29.00 81,000 67,000 0.12% GOLDMAN SACHS 0
</TABLE>
