WITTER DEAN VALUE ADDED MARKET SERIES
NSAR-B, 1996-08-21
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<PAGE>      PAGE  1
000 B000000 06/30/96
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
005  000000 N
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007 C010800  8
007 C010900  9
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
010 A000001 DELETE
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
<PAGE>      PAGE  2
013 B020001 NY
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
019 A000000 Y
019 B000000  121
019 C000000 DEANWITTER
020 A000001 *CANTOR FITZGERALD
020 B000001 95-1786286
020 C000001    293
020 A000002 *BEAR,STEARNS & CO.
020 B000002 13-3299429
020 C000002     17
020 A000003 *SALOMON BROTHERS INC.
020 B000003 13-3082694
020 C000003      2
020 C000004      0
020 C000005      0
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000      312
022 A000001 BA SECURITIES INC.
022 B000001 95-4035346
022 C000001   1851750
022 D000001         0
022 A000002 GOLDMAN SACHS & CO.
022 B000002 13-5108880
022 C000002    815649
022 D000002         0
022 A000003 BANK OF NEW YORK (THE)
022 B000003 13-5160382
022 C000003    701924
022 D000003         0
022 A000004 FORD MOTOR CREDIT COMPANY
022 B000004 38-1612444
022 C000004    324728
022 D000004         0
022 A000005 GENERAL ELECTRIC CAPITAL CORPORATION
022 B000005 13-1500700
022 C000005    296670
022 D000005         0
<PAGE>      PAGE  3
022 A000006 CHEMICAL SECURITIES
022 B000006 13-3379014
022 C000006     61902
022 D000006         0
022 A000007 CANTOR FITZGERALD
022 B000007 95-1786286
022 C000007     28664
022 D000007      9694
022 A000008 CHEVRON OIL FINANCIAL CORPORATION
022 B000008 25-1215010
022 C000008     36958
022 D000008         0
022 A000009 AMERICAN EXPRESS CREDIT CORPORATION
022 B000009 11-1988350
022 C000009     26970
022 D000009         0
022 A000010 MORGAN STANLEY & CO. INCORPORATED
022 B000010 13-2655998
022 C000010     19985
022 D000010         0
023 C000000    4243036
023 D000000      14006
024  000000 Y
025 A000001 MERRILL LYNCH PIERCE FENNER & SMITH INC.
025 B000001 13-5674085
025 C000001 E
025 D000001    1986
025 A000002 MORGAN STANLEY GROUP INC.
025 B000002 13-2655998
025 C000002 E
025 D000002    1916
025 A000003 SALOMON BROTHERS INC.
025 B000003 13-3082694
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<PAGE>      PAGE  4
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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
<CIK> 0000814657
<NAME> DEAN WITTER VALUE ADDED MARKET SERIES-ANNUAL 6/30/96
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          JUN-30-1996
<PERIOD-END>                               JUN-30-1996
<INVESTMENTS-AT-COST>                        696262037
<INVESTMENTS-AT-VALUE>                       958498426
<RECEIVABLES>                                 17832390
<ASSETS-OTHER>                                   84909
<OTHER-ITEMS-ASSETS>                             46691
<TOTAL-ASSETS>                               976462416
<PAYABLE-FOR-SECURITIES>                      13274642
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      1593378
<TOTAL-LIABILITIES>                           14868020
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     679820640
<SHARES-COMMON-STOCK>                         35497139
<SHARES-COMMON-PRIOR>                         27843449
<ACCUMULATED-NII-CURRENT>                      3193088
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       16344279
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     262236389
<NET-ASSETS>                                 961594396
<DIVIDEND-INCOME>                             17014072
<INTEREST-INCOME>                              1788704
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                12227081
<NET-INVESTMENT-INCOME>                        6575695
<REALIZED-GAINS-CURRENT>                      22043253
<APPREC-INCREASE-CURRENT>                    110384142
<NET-CHANGE-FROM-OPS>                        139003090
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (8195588)
<DISTRIBUTIONS-OF-GAINS>                     (3791857)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       12467241
<NUMBER-OF-SHARES-REDEEMED>                  (5249483)
<SHARES-REINVESTED>                             435932
<NET-CHANGE-IN-ASSETS>                       319507367
<ACCUMULATED-NII-PRIOR>                        4812981
<ACCUMULATED-GAINS-PRIOR>                    (1907117)
<OVERDISTRIB-NII-PRIOR>                              0
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<PER-SHARE-NII>                                    .18
<PER-SHARE-GAIN-APPREC>                           4.23
<PER-SHARE-DIVIDEND>                             (.26)
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<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              27.09
<EXPENSE-RATIO>                                   1.51
<AVG-DEBT-OUTSTANDING>                               0
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</TABLE>


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