WITTER DEAN VALUE ADDED MARKET SERIES
NSAR-A, 1996-02-28
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<PAGE>      PAGE  1
000 A000000 12/31/95
000 C000000 0000814657
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 DEAN WITTER VALUE-ADDED MARKET SERIES
001 B000000 811-5181
001 C000000 2123922550
002 A000000 TWO WORLD TRADE CENTER
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10048
003  000000 N
004  000000 N
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007 C010700  7
007 C010800  8
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007 C011000 10
008 A000001 DEAN WITTER INTERCAPITAL INC.
008 B000001 A
008 C000001 801-42061
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10048
011 A000001 DEAN WITTER DISTRIBUTORS INC.
011 B000001 8-45262
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10048
012 A000001 DEAN WITTER TRUST COMPANY
012 B000001 84-1785
012 C010001 JERSEY CITY
012 C020001 NJ
012 C030001 07302
013 A000001 PRICE WATERHOUSE LLP
013 B010001 NEW YORK
013 B020001 NY
<PAGE>      PAGE  2
013 B030001 10036
014 A000001 DEAN WITTER REYNOLDS INC.
014 B000001 8-14172
015 A000001 THE BANK OF NEW YORK
015 B000001 C
015 C010001 NEW YORK
015 C020001 NY
015 C030001 10286
015 E010001 X
018  000000 Y
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019 B000000  119
019 C000000 DEANWITTER
020 A000001 *CANTOR FITZGERALD
020 B000001 95-1786286
020 C000001    152
020 A000002 *BEAR,STEARNS & CO.
020 B000002 13-3299429
020 C000002     10
020 A000003 *SALOMON BROTHERS INC.
020 B000003 13-3082694
020 C000003      1
020 C000004      0
020 C000005      0
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
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022 A000001 *THE BANK OF NEW YORK
022 B000001 13-5160382
022 C000001    528048
022 D000001         0
022 A000002 *FORD MOTOR CREDIT COMPANY
022 B000002 38-1612444
022 C000002    324727
022 D000002         0
022 A000003 *GENERAL ELECTRIC CAPITAL CORP
022 B000003 13-1500700
022 C000003    296670
022 D000003         0
022 A000004 *BA SECURITIES INC.
022 B000004 95-4035346
022 C000004     87994
022 D000004         0
022 A000005 *CHEVRON OIL FINANCIAL CORP.
022 B000005 25-1215010
022 C000005     36958
022 D000005         0
022 A000006 *AMERICAN EXPRESS CREDIT CORP.
<PAGE>      PAGE  3
022 B000006 11-1988350
022 C000006     26970
022 D000006         0
022 A000007 *HELLER FINANCIAL CORP.
022 B000007 36-1208070
022 C000007     18479
022 D000007         0
022 A000008 *MERRILL LYNCH PIERCE FEN & SM INC.
022 B000008 13-5674085
022 C000008     14998
022 D000008         0
022 A000009 *TEXACO INC.
022 B000009 74-1383447
022 C000009     13984
022 D000009         0
022 A000010 *CANTOR FITZGERALD
022 B000010 95-1786286
022 C000010     12933
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025 A000002 MORGAN STANELY
025 B000002 13-2655998
025 C000002 E
025 D000002    1531
025 A000003 MERRILL LYNCH, PIERCE, FEN & SM INC.
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<PAGE>      PAGE  4
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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  8
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<PAGE>      PAGE  9
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SIGNATURE   SHELDON CURTIS                               
TITLE       VICE PRESIDENT      
 


<TABLE> <S> <C>

<ARTICLE> 6
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-1996
<PERIOD-END>                               DEC-31-1995
<INVESTMENTS-AT-COST>                        606977220
<INVESTMENTS-AT-VALUE>                       813105234
<RECEIVABLES>                                 15438785
<ASSETS-OTHER>                                   96788
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               828640807
<PAYABLE-FOR-SECURITIES>                      17866993
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      3459805
<TOTAL-LIABILITIES>                           21326798
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     596758353
<SHARES-COMMON-STOCK>                         32347759
<SHARES-COMMON-PRIOR>                         27843449
<ACCUMULATED-NII-CURRENT>                       107839
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        4319803
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     206128014
<NET-ASSETS>                                 807314009
<DIVIDEND-INCOME>                              7990950
<INTEREST-INCOME>                              1038401
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 5538905
<NET-INVESTMENT-INCOME>                        3490446
<REALIZED-GAINS-CURRENT>                      10018777
<APPREC-INCREASE-CURRENT>                     54275767
<NET-CHANGE-FROM-OPS>                         67784990
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (8195588)
<DISTRIBUTIONS-OF-GAINS>                     (3791857)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        6424805
<NUMBER-OF-SHARES-REDEEMED>                  (2356427)
<SHARES-REINVESTED>                             435932
<NET-CHANGE-IN-ASSETS>                       165226980
<ACCUMULATED-NII-PRIOR>                        4812981
<ACCUMULATED-GAINS-PRIOR>                    (1907117)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          1766856
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                5538905
<AVERAGE-NET-ASSETS>                         725446001
<PER-SHARE-NAV-BEGIN>                            23.06
<PER-SHARE-NII>                                    .09
<PER-SHARE-GAIN-APPREC>                           2.19
<PER-SHARE-DIVIDEND>                             (.26)
<PER-SHARE-DISTRIBUTIONS>                        (.12)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              24.96
<EXPENSE-RATIO>                                   1.51
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>


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