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000 A000000 06/30/96
000 C000000 820028
000 D000000 N
000 E000000 NF
000 F000000 Y
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000 I000000 3.0.a
000 J000000 U
001 A000000 THE BRAZIL FUND, INC.
001 B000000 811-5269
001 C000000 2123266200
002 A000000 345 PARK AVENUE
002 B000000 NEW YORK
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002 D010000 10154
003 000000 N
004 000000 N
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018 000000 Y
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020 C000001 29
020 A000002 SUPLICY CORRETORA
020 C000002 26
020 A000003 TENDENCIA
020 C000003 22
020 A000004 BANCO OMEGA
020 C000004 22
020 A000005 INDUSVAL SA CTUM
020 C000005 21
020 A000006 GERAL DE COMERCIO
020 C000006 19
020 A000007 GARANTIA SAO PAOLO
020 C000007 19
020 A000008 BANK INDOSUEZ
020 C000008 5
020 A000009 BANCO CIDADE
020 C000009 1
020 A000010 BANCO STOCK
020 C000010 1
021 000000 165
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022 C000001 9374
022 D000001 2151
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<PAGE> PAGE 2
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022 D000002 1786
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022 D000003 762
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022 D000004 2354
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022 D000005 555
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022 D000006 474
022 A000007 GARANTIA SAO PAOLO
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022 D000007 309
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022 D000008 332
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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SIGNATURE THOMAS F. MCDONOUGH
TITLE SECRETARY
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from The Brazil
Fund, Inc. Semiannual Report for the period ended June 30, 1996 and is qualified
in its entirety by reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 1
<NAME> The Brazil Fund, Inc.
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 190,348,956
<INVESTMENTS-AT-VALUE> 421,157,833
<RECEIVABLES> 3,886,851
<ASSETS-OTHER> 2,198,866
<OTHER-ITEMS-ASSETS> 1,768
<TOTAL-ASSETS> 427,245,418
<PAYABLE-FOR-SECURITIES> 173,437
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 735,679
<TOTAL-LIABILITIES> 909,116
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 185,629,679
<SHARES-COMMON-STOCK> 16,229,987
<SHARES-COMMON-PRIOR> 16,226,496
<ACCUMULATED-NII-CURRENT> 9,080,625
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 856,863
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 230,769,135
<NET-ASSETS> 426,336,302
<DIVIDEND-INCOME> 11,368,089
<INTEREST-INCOME> 735,103
<OTHER-INCOME> 0
<EXPENSES-NET> 3,022,567
<NET-INVESTMENT-INCOME> 9,080,625
<REALIZED-GAINS-CURRENT> 80,764,003
<APPREC-INCREASE-CURRENT> 78,660,980
<NET-CHANGE-FROM-OPS> 89,844,628
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 3,491
<NET-CHANGE-IN-ASSETS> 89,923,391
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (1,246,160)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,220,637
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3,022,567
<AVERAGE-NET-ASSETS> 383,881,769
<PER-SHARE-NAV-BEGIN> 20.73
<PER-SHARE-NII> 0.56
<PER-SHARE-GAIN-APPREC> 4.98
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 26.27
<EXPENSE-RATIO> 1.61
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
