DREYFUS VARIABLE INVESTMENT FUND
NSAR-B, 1999-02-25
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<PAGE>      PAGE  1
000 B000000 12/31/98
000 C000000 0000813383
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 DREYFUS VARIABLE INVESTMENT FUND
001 B000000 811-5125
001 C000000 2129226775
002 A000000 200 PARK AVENUE
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10166
003  000000 N
004  000000 N
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007 A000000 Y
007 B000000 13
007 C010100  1
007 C020100 MONEY MARKET PORTFOLIO
007 C030100 N
007 C010200  2
007 C020200 SPECIAL VALUE PORTFOLIO
007 C030200 N
007 C010300  3
007 C020300 ZERO COUPON 2000 PORTFOLIO
007 C030300 N
007 C010400  4
007 C020400 QUALITY BOND PORTFOLIO
007 C030400 N
007 C010500  5
007 C020500 SMALL CAP PORTFOLIO
007 C030500 N
007 C010600  6
007 C020600 CAPITAL APPRECIATION PORTFOLIO
007 C030600 N
007 C010700  7
007 C020700 GROWTH AND INCOME PORTFOLIO
007 C030700 N
007 C010800  8
007 C020800 INTERNATIONAL EQUITY PORTFOLIO
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007 C020900 SMALL COMPANY STOCK PORTFOLIO
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007 C021000 INTERNATIONAL VALUE PORTFOLIO
<PAGE>      PAGE  2
007 C031000 N
007 C011100 11
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007 C021200 LIMITED TERM HIGH INCOME PORTFOLIO
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007 C021300 BALANCED PORTFOLIO
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007 C011600 16
007 C011700 17
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007 C011900 19
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018  00AA00 Y
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020 A000005 ING BARING (U.S.) SECURITIES, INC.
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<PAGE>      PAGE  3
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022 A000003 UBS AG
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022 A000004 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
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<PAGE>      PAGE  4
082 A00AA00 N
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
070 F020100 N
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070 I020100 N
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070 K010100 N
070 K020100 N
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070 M020100 N
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070 Q010100 N
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<PAGE>      PAGE  7
072 W000100        0
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<PAGE>      PAGE  8
028 A030200         0
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055 A000200 Y
055 B000200 N
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066 A000200 Y
066 B000200 N
<PAGE>      PAGE  9
066 C000200 N
066 D000200 N
066 E000200 N
066 F000200 N
066 G000200 Y
067  000200 N
068 A000200 N
068 B000200 N
069  000200 N
070 A010200 Y
070 A020200 N
070 B010200 Y
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 Y
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 Y
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 Y
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 Y
070 Q010200 N
070 Q020200 N
070 R010200 Y
070 R020200 Y
071 A000200    147319
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<PAGE>      PAGE  10
072 C000200      824
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<PAGE>      PAGE  11
074 Q000200        0
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074 W000200   0.0000
074 X000200        4
074 Y000200        0
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076  000200     0.00
024  000300 N
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053 A000300 N
055 A000300 Y
055 B000300 Y
056  000300 N
<PAGE>      PAGE  12
057  000300 N
062 A000300 Y
062 B000300   0.1
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062 E000300   0.0
062 F000300   0.0
062 G000300   0.0
062 H000300   0.0
062 I000300   0.0
062 J000300   0.0
062 K000300   0.0
062 L000300   0.0
062 M000300   6.4
062 N000300  85.7
062 O000300   0.0
062 P000300   5.9
062 Q000300   0.0
062 R000300   0.0
063 A000300   0
063 B000300  2.2
064 A000300 Y
064 B000300 N
066 A000300 N
067  000300 N
068 A000300 N
068 B000300 N
069  000300 N
070 A010300 Y
070 A020300 N
070 B010300 N
070 B020300 N
070 C010300 N
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 Y
070 E020300 Y
070 F010300 N
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 N
070 K020300 N
070 L010300 Y
<PAGE>      PAGE  13
070 L020300 Y
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070 O010300 Y
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<PAGE>      PAGE  14
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024  000400 Y
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<PAGE>      PAGE  15
028 A020400       483
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053 A000400 N
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<PAGE>      PAGE  16
063 A000400   0
063 B000400 13.9
066 A000400 N
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
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<PAGE>      PAGE  37
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<PAGE>      PAGE  38
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<PAGE>      PAGE  39
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<PAGE>      PAGE  41
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<PAGE>      PAGE  42
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<PAGE>      PAGE  43
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<PAGE>      PAGE  44
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<PAGE>      PAGE  46
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SIGNATURE   MICHAEL PETRUCELLI                           
TITLE       ASSISTANT TREASURER 
 


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</TABLE>

<TABLE> <S> <C>

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<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000813383
<NAME> DREYFUS VARIABLE INVESTMENT FUND
<SERIES>
   <NUMBER> 004
   <NAME> QUALITY BOND PORTFOLIO
<MULTIPLIER> 1000
       
<S>                             <C>
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<PERIOD-END>                               DEC-31-1998
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<NUMBER-OF-SHARES-REDEEMED>                     (1422)
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000813383
<NAME> DREYFUS VARIABLE INVESTMENT FUND
<SERIES>
   <NUMBER> 005
   <NAME> SMALL CAP PORTFOLIO
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
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<EXPENSE-RATIO>                                   .008
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000813383
<NAME> DREYFUS VARIABLE INVESTMENT FUND
<SERIES>
   <NUMBER> 006
   <NAME> CAPITAL APPRECIATION PORTFOLIO
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
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<EXPENSE-RATIO>                                   .008
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<AVG-DEBT-PER-SHARE>                                 0
        


</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>
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<FISCAL-YEAR-END>                          DEC-31-1998
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<EXPENSE-RATIO>                                   .008
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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>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000813383
<NAME> DREYFUS VARIABLE INVESTMENT FUND
<SERIES>
   <NUMBER> 009
   <NAME> SMALL C0MPANY STOCK PORTFOLIO
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
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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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<FISCAL-YEAR-END>                          DEC-31-1998
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000813383
<NAME> DREYFUS VARIABLE INVESTMENT FUND
<SERIES>
   <NUMBER> 011
   <NAME> DISCIPLINE STOCK PORTFOLIO
<MULTIPLIER> 1000
       
<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

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

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000813383
<NAME> DREYFUS VARIABLE INVESTMENT FUDN
<SERIES>
   <NUMBER> 013
   <NAME> BALANCE PORTFOLIO
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
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<INVESTMENTS-AT-VALUE>                           69395
<RECEIVABLES>                                      428
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<SENIOR-LONG-TERM-DEBT>                              0
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<SENIOR-EQUITY>                                      0
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<SHARES-COMMON-STOCK>                             3755
<SHARES-COMMON-PRIOR>                             2930
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<OVERDISTRIBUTION-GAINS>                             0
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<DISTRIBUTIONS-OF-GAINS>                        (3169)
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<EXPENSE-RATIO>                                   .009
<AVG-DEBT-OUTSTANDING>                               0
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</TABLE>


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