DREYFUS VARIABLE INVESTMENT FUND
NSAR-B, 1998-02-25
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<PAGE>      PAGE  1
000 B000000 12/31/97
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  10
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
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<PAGE>      PAGE  18
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SIGNATURE   MICHAEL PETRUCELLI                           
TITLE       ASSISTANT TREASURER 
 


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<PER-SHARE-NAV-END>                              57.14
<EXPENSE-RATIO>                                  0.008
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000813383
<NAME> DREYFUS VARIABLE INVESTMENT FUND
<SERIES>
   <NUMBER> 112
   <NAME> CAPITAL APPRECIATION PORTFOLIO
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000813383
<NAME> DREYFUS VARIABLE INVESTMENT FUND
<SERIES>
   <NUMBER> 007
   <NAME> GROWTH AND INCOME PORTFOLIO
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1997
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000813383
<NAME> DREYFUS VARIABLE INVESTMENT FUND
<SERIES>
   <NUMBER> 008
   <NAME> INTERNATIONAL EQUITY PORTFOLIO
<MULTIPLIER> 1000
       
<S>                             <C>
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000813383
<NAME> DREYFUS VARIABLE INVESTMENT FUND
<SERIES>
   <NUMBER> 009
   <NAME> SMALL COMPANY STOCK PORTFOLIO
<MULTIPLIER> 1000
       
<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000813383
<NAME> DREYFUS VARIABLE INVESTMENT FUND
<SERIES>
   <NUMBER> 010
   <NAME> INTERNATIONAL VALUE PORTFOLIO
<MULTIPLIER> 1000
       
<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000813383
<NAME> DREYFUS VARIABLE INVESTMENT FUND
<SERIES>
   <NUMBER> 011
   <NAME> DISCIPLINED STOCK PORTFOLIO
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
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<PERIOD-END>                               DEC-31-1997
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000813383
<NAME> DREYFUS VARIABLE INVESTMENT FUND
<SERIES>
   <NUMBER> 012
   <NAME> LIMITED TERM HIGH INCOME PORTFOLIO
<MULTIPLIER> 1000
       
<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000813383
<NAME> DREYFUS VARIABLE INVESTMENT FUND
<SERIES>
   <NUMBER> 013
   <NAME> BALANCED PORTFOLIO
<MULTIPLIER> 1000
       
<S>                             <C>
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<PER-SHARE-NII>                                   0.25
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<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.04
<EXPENSE-RATIO>                                  0.007
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

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