FIRST AMERICAN INVESTMENT FUNDS INC
NSAR-A, 1995-05-15
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<PAGE>      PAGE  1
000 A000000 03/03/95
000 C000000 0000820892
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 FIRST AMERICAN INVESTMENT FUNDS, INC
001 B000000 811-5309
001 C000000 8006372548
002 A000000 2 OLIVER STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02109
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000 22
007 C010100  1
007 C020100 INTERMEDIATE GOVERNMENT BOND FUND
007 C030100 N
007 C010200  2
007 C020200 INTERMEDIATE TAX FREE FUND
007 C030200 N
007 C010300  3
007 C020300 FIXED INCOME FUND
007 C030300 N
007 C010400  4
007 C020400 STOCK FUND
007 C030400 N
007 C010500  5
007 C020500 SPECIAL EQUITY
007 C030500 N
007 C010600  6
007 C020600 EQUITY INDEX FUND
007 C030600 N
007 C010700  7
007 C020700 REGIONAL EQUITY FUND
007 C030700 N
007 C010800  8
007 C020800 LIMITED TERM INCOME FUND
007 C030800 N
007 C010900  9
007 C020900 INTERMEDIATE TERM INCOME FUND
007 C030900 N
007 C011000 10
007 C021000 MORTGAGE SECURITIES FUND
<PAGE>      PAGE  2
007 C031000 N
007 C011100 11
007 C021100 BALANCED FUND
007 C031100 N
007 C011200 12
007 C021200 ASSET ALLOCATION FUND
007 C031200 N
007 C011300 13
007 C021300 COLORADO INTERMEDIATE TAX FREE FUND
007 C031300 N
007 C011400 14
007 C021400 MINNESOTA INSURED INTERMEDIATE TAX FREE FUND
007 C031400 N
007 C011500 15
007 C021500 TECHNOLOGY FUND
007 C031500 N
007 C011600 16
007 C021600 EMERGING GROWTH FUND
007 C031600 N
007 C011700 17
007 C021700 INTERNATIONAL FUND
007 C031700 N
007 C011800 18
007 C021800 LIMITED VOLATILITY STOCK FUND
007 C031800 N
007 C011900 19
007 C021900 LIMITED TAX FREE
007 C031900 N
007 C012000 20
007 C022000 EQUITY INC.
007 C032000 N
007 C012100 21
007 C022100 DIVERSIFIED GROWTH
007 C032100 N
007 C012200 22
007 C022200 REAL ESTATE SECURITY FUND
007 C032200 N
012 A00AA01 DST SYSTEMS
012 B00AA01 84-0000
012 C01AA01 KANSAS CITY
012 C02AA01 MO
012 C03AA01 64105
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   22
019 C00AA00 FIRSTAMERI
020 A000001 FIRST BOSTON
020 B000001 13-5659485
020 C000001    268
020 A000002 MERRILL LYNCH
020 B000002 13-5674085
<PAGE>      PAGE  3
020 C000002     90
020 A000003 PAINE WEBBER
020 B000003 13-2760086
020 C000003     66
020 A000004 GOLDMAN SACHS
020 B000004 113-510880
020 C000004     64
020 A000005 CJ LAWRENCE
020 B000005 13-2730828
020 C000005     40
020 A000006 BERSTEIN SANFORD
020 B000006 13-2625874
020 C000006     28
020 A000007 GORDON HASKETT
020 B000007 06-1095324
020 C000007     27
020 A000008 BROCKHOUSE & COOPER
020 C000008     26
020 A000009 SMITH BARNEY SHEARSON
020 B000009 13-1912900
020 C000009     19
020 A000010 PRUDENTIAL SECURIETIES
020 B000010 22-2347336
020 C000010     18
021  000000      974
022 A000001 ASSOCIATED CORP NA
022 B000001 74-1474554
022 C000001    103537
022 D000001    114123
022 A000002 BARCLAYS
022 B000002 13-4942190
022 C000002     96428
022 D000002     91461
022 A000003 MERRILL LYNCH
022 B000003 13-5674085
022 C000003    111379
022 D000003     70927
022 A000004 HELLER FINANCIAL
022 B000004 36-1208070
022 C000004     76194
022 D000004     68054
022 A000005 J.P. MORGAN
022 B000005 13-3224016
022 C000005     79743
022 D000005     59712
022 A000006 GOLDMAN SACHS
022 B000006 13-5108880
022 C000006     66971
022 D000006     66196
022 A000007 CAPITAL INSTITIONAL SERVICES
022 B000007 75-1565705
<PAGE>      PAGE  4
022 C000007     60440
022 D000007     49181
022 A000008 BEAR STEARNS
022 B000008 13-2975144
022 C000008     41566
022 D000008     25892
022 A000009 PRUDENTIAL SECURITIES
022 B000009 22-2347336
022 C000009     27092
022 D000009     15453
022 A000010 DAIN BOSWORTH
022 B000010 41-1414269
022 C000010     18962
022 D000010     12273
023 C000000     948671
023 D000000     651240
026 A000000 N
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026 C000000 N
026 D000000 N
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
049  00AA00 N
050  00AA00 N
051  00AA00 N
052  00AA00 Y
053 A00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 N
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 N
054 N00AA00 N
054 O00AA00 N
077 A000000 N
024  000100 Y
025 A000101 MERRILL LYNCH
025 B000101 13-5674085
025 C000101 D
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<PAGE>      PAGE  5
025 A000102 J.P. MORGAN
025 B000102 13-3224016
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<PAGE>      PAGE  6
038  000100      0
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070 E020100 N
<PAGE>      PAGE  7
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 N
070 L010100 Y
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 Y
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070 O010100 N
070 O020100 N
070 P010100 N
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
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<PAGE>      PAGE  8
072 V000100        0
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074 O000100        0
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074 U020100      212
074 V010100     9.03
074 V020100     9.04
074 W000100   0.0000
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075 B000100    63487
076  000100     0.00
024  000200 N
028 A010200      8228
<PAGE>      PAGE  9
028 A020200         8
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031 A000200      0
031 B000200      0
032  000200      0
033  000200      0
034  000200 N
035  000200      0
036 B000200      0
037  000200 N
038  000200      0
039  000200 N
040  000200 Y
041  000200 N
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042 C000200   0
042 D000200   0
042 E000200   0
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<PAGE>      PAGE  10
042 H000200   0
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062 Q000200   0.0
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063 A000200   0
063 B000200  6.7
064 A000200 N
064 B000200 N
066 A000200 N
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068 A000200 N
068 B000200 N
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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025 A000301 BEAR STERNS
025 B000301 13-2975144
025 C000301 D
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<PAGE>      PAGE  13
034  000300 Y
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<PAGE>      PAGE  14
070 H020300 N
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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039  000400 N
040  000400 Y
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<PAGE>      PAGE  17
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066 D000400 N
066 E000400 N
066 F000400 N
066 G000400 N
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070 E020400 N
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070 F020400 N
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<PAGE>      PAGE  18
070 K020400 N
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<PAGE>      PAGE  19
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<PAGE>      PAGE  20
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<PAGE>      PAGE  21
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<PAGE>      PAGE  22
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<PAGE>      PAGE  23
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<PAGE>      PAGE  24
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<PAGE>      PAGE  25
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<PAGE>      PAGE  26
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<PAGE>      PAGE  27
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<PAGE>      PAGE  28
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<PAGE>      PAGE  29
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<PAGE>      PAGE  30
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<PAGE>      PAGE  31
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<PAGE>      PAGE  32
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<PAGE>      PAGE  33
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<PAGE>      PAGE  34
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<PAGE>      PAGE  35
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<PAGE>      PAGE  36
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<PAGE>      PAGE  37
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074 C000900        0
074 D000900    78335
074 E000900        0
074 F000900        0
074 G000900        0
074 H000900        0
074 I000900     2628
074 J000900        0
074 K000900        0
074 L000900     1746
074 M000900       11
074 N000900    85200
<PAGE>      PAGE  38
074 O000900        0
074 P000900        0
074 Q000900        0
074 R010900        0
074 R020900        0
074 R030900        0
074 R040900      362
074 S000900        0
074 T000900    84838
074 U010900     8517
074 U020900      279
074 V010900     9.65
074 V020900     9.65
074 W000900   0.0000
074 X000900      201
074 Y000900        0
075 A000900        0
075 B000900    75639
076  000900     0.00
024  001000 Y
025 A001001 MERRILL LYNCH
025 B001001 13-5674085
025 C001001 D
025 D001001     265
025 D001002       0
025 D001003       0
025 D001004       0
025 D001005       0
025 D001006       0
025 D001007       0
025 D001008       0
028 A011000       333
028 A021000       132
028 A031000         0
028 A041000       136
028 B011000       273
028 B021000       127
028 B031000         0
028 B041000       169
028 C011000        61
028 C021000       192
028 C031000         0
028 C041000       364
028 D011000        93
028 D021000       138
028 D031000         0
028 D041000       279
028 E011000        95
028 E021000       139
028 E031000         0
028 E041000        72
<PAGE>      PAGE  39
028 F011000        69
028 F021000       138
028 F031000         0
028 F041000       212
028 G011000       924
028 G021000       866
028 G031000         0
028 G041000      1232
028 H001000         2
029  001000 Y
030 A001000      0
030 B001000  3.75
030 C001000  0.00
031 A001000      0
031 B001000      0
032  001000      0
033  001000      0
034  001000 N
035  001000      0
036 B001000      0
042 A001000   0
042 B001000   0
042 C001000   0
042 D001000   0
042 E001000   0
042 F001000   0
042 G001000   0
042 H001000   0
043  001000      0
044  001000      0
062 A001000 Y
062 B001000   0.0
062 C001000   0.0
062 D001000   0.9
062 E001000   0.0
062 F001000   0.0
062 G001000   0.0
062 H001000   0.0
062 I001000   0.0
062 J001000   0.0
062 K001000   0.0
062 L001000   4.2
062 M001000   4.0
062 N001000  75.7
062 O001000   0.0
062 P001000   0.0
062 Q001000  14.9
062 R001000   0.0
063 A001000   0
063 B001000  5.6
064 A001000 N
<PAGE>      PAGE  40
064 B001000 N
070 A011000 Y
070 A021000 Y
070 B011000 N
070 B021000 N
070 C011000 Y
070 C021000 N
070 D011000 Y
070 D021000 N
070 E011000 N
070 E021000 N
070 F011000 N
070 F021000 N
070 G011000 N
070 G021000 N
070 H011000 N
070 H021000 N
070 I011000 N
070 I021000 N
070 J011000 Y
070 J021000 N
070 K011000 Y
070 K021000 N
070 L011000 Y
070 L021000 N
070 M011000 N
070 M021000 N
070 N011000 Y
070 N021000 N
070 O011000 N
070 O021000 N
070 P011000 N
070 P021000 N
070 Q011000 N
070 Q021000 N
070 R011000 N
070 R021000 N
071 A001000      4936
071 B001000      3780
071 C001000     27155
071 D001000   14
072 A001000  6
072 B001000     1028
072 C001000        0
072 D001000        0
072 E001000        0
072 F001000      101
072 G001000       25
072 H001000        0
072 I001000       10
072 J001000        2
<PAGE>      PAGE  41
072 K001000        0
072 L001000        4
072 M001000        0
072 N001000        1
072 O001000        0
072 P001000        0
072 Q001000        0
072 R001000        1
072 S001000        1
072 T001000        0
072 U001000        3
072 V001000        0
072 W001000        1
072 X001000      149
072 Y001000       48
072 Z001000      927
072AA001000        0
072BB001000        0
072CC011000      345
072CC021000        0
072DD011000      936
072DD021000        8
072EE001000        0
073 A011000   0.3130
073 A021000   0.3130
073 B001000   0.0000
073 C001000   0.0000
074 A001000        4
074 B001000      265
074 C001000        0
074 D001000    27972
074 E001000        0
074 F001000        0
074 G001000        0
074 H001000        0
074 I001000     1228
074 J001000       42
074 K001000        0
074 L001000      196
074 M001000       11
074 N001000    29718
074 O001000        0
074 P001000        0
074 Q001000        0
074 R011000        0
074 R021000        0
074 R031000        0
074 R041000      149
074 S001000        0
074 T001000    29569
074 U011000     2984
<PAGE>      PAGE  42
074 U021000       26
074 V011000     9.82
074 V021000     9.82
074 W001000   0.0000
074 X001000       31
074 Y001000        0
075 A001000        0
075 B001000    28942
076  001000     0.00
024  001100 Y
025 A001101 MERRILL LYNCH
025 B001101 13-5674085
025 C001101 D
025 D001101    1514
028 A011100      6286
028 A021100       210
028 A031100         0
028 A041100      3735
028 B011100      4351
028 B021100       535
028 B031100         0
028 B041100      1914
028 C011100      3119
028 C021100      2784
028 C031100         0
028 C041100      1179
028 D011100     12855
028 D021100       129
028 D031100         0
028 D041100      8250
028 E011100      2015
028 E021100       484
028 E031100         0
028 E041100      1849
028 F011100      3917
028 F021100       388
028 F031100         0
028 F041100      2244
028 G011100     32546
028 G021100      4530
028 G031100         0
028 G041100     19171
028 H001100       617
029  001100 Y
030 A001100      2
030 B001100  4.50
030 C001100  0.00
031 A001100      2
031 B001100      0
032  001100      0
033  001100      0
<PAGE>      PAGE  43
034  001100 Y
035  001100      1
036 A001100 Y
036 B001100      0
037  001100 N
038  001100      0
039  001100 N
040  001100 Y
041  001100 N
042 A001100   0
042 B001100   0
042 C001100   0
042 D001100   0
042 E001100   0
042 F001100   0
042 G001100   0
042 H001100   0
043  001100      0
044  001100      0
062 A001100 Y
062 B001100   0.0
062 C001100   0.0
062 D001100   0.9
062 E001100   0.0
062 F001100   0.0
062 G001100   0.0
062 H001100   0.0
062 I001100   0.0
062 J001100   0.0
062 K001100   0.0
062 L001100   2.3
062 M001100  26.5
062 N001100   3.9
062 O001100   0.0
062 P001100   4.7
062 Q001100   4.9
062 R001100  56.0
063 A001100   0
063 B001100  8.3
064 A001100 N
064 B001100 N
066 A001100 N
067  001100 Y
068 A001100 N
068 B001100 N
069  001100 N
070 A011100 Y
070 A021100 Y
070 B011100 N
070 B021100 N
070 C011100 Y
<PAGE>      PAGE  44
070 C021100 N
070 D011100 Y
070 D021100 N
070 E011100 N
070 E021100 N
070 F011100 N
070 F021100 N
070 G011100 N
070 G021100 N
070 H011100 N
070 H021100 N
070 I011100 Y
070 I021100 N
070 J011100 Y
070 J021100 Y
070 K011100 Y
070 K021100 N
070 L011100 N
070 L021100 Y
070 M011100 Y
070 M021100 N
070 N011100 N
070 N021100 N
070 O011100 N
070 O021100 N
070 P011100 N
070 P021100 N
070 Q011100 N
070 Q021100 N
070 R011100 N
070 R021100 N
071 A001100     49183
071 B001100     36602
071 C001100    141834
071 D001100   26
072 A001100  6
072 B001100       25
072 C001100     3313
072 D001100        0
072 E001100        0
072 F001100      519
072 G001100      117
072 H001100        0
072 I001100       20
072 J001100        9
072 K001100        0
072 L001100       19
072 M001100        2
072 N001100       11
072 O001100        0
072 P001100        0
<PAGE>      PAGE  45
072 Q001100        0
072 R001100        4
072 S001100        7
072 T001100       20
072 U001100        2
072 V001100        0
072 W001100        5
072 X001100      735
072 Y001100      147
072 Z001100     2750
072AA001100      433
072BB001100        0
072CC011100     9290
072CC021100        0
072DD011100     2559
072DD021100        0
072EE001100     2052
073 A011100   0.1815
073 A021100   0.0000
073 B001100   0.1483
073 C001100   0.0000
074 A001100        0
074 B001100     1514
074 C001100        0
074 D001100    65940
074 E001100        0
074 F001100    92501
074 G001100        0
074 H001100        0
074 I001100     3828
074 J001100     1688
074 K001100        0
074 L001100     1371
074 M001100       11
074 N001100   166853
074 O001100     1549
074 P001100        0
074 Q001100        0
074 R011100        0
074 R021100        0
074 R031100        0
074 R041100      248
074 S001100        0
074 T001100   165056
074 U011100    14858
074 U021100       77
074 V011100     0.00
074 V021100     0.00
074 W001100   0.0000
074 X001100      285
074 Y001100        0
<PAGE>      PAGE  46
075 A001100        0
075 B001100   148805
076  001100     0.00
024  001200 Y
025 A001201 J.P. MORGAN
025 B001201 13-3224016
025 C001201 D
025 D001201    3623
025 A001202 MERRILL LYNCH
025 B001202 13-5674085
025 C001202 D
025 D001202    3812
025 D001203       0
025 D001204       0
025 D001205       0
025 D001206       0
025 D001207       0
025 D001208       0
028 A011200       361
028 A021200        80
028 A031200         0
028 A041200      2368
028 B011200       762
028 B021200       165
028 B031200         0
028 B041200       209
028 C011200       306
028 C021200      1343
028 C031200         0
028 C041200      5035
028 D011200       351
028 D021200        51
028 D031200         0
028 D041200      3493
028 E011200       932
028 E021200       111
028 E031200         0
028 E041200      1595
028 F011200      1376
028 F021200       113
028 F031200         0
028 F041200       308
028 G011200      4088
028 G021200      1863
028 G031200         0
028 G041200     13008
028 H001200        62
029  001200 Y
030 A001200      0
030 B001200  4.50
030 C001200  0.00
<PAGE>      PAGE  47
031 A001200      0
031 B001200      0
032  001200      0
033  001200      0
034  001200 N
035  001200      0
036 B001200      0
037  001200 N
038  001200      0
039  001200 N
040  001200 Y
041  001200 N
042 A001200   0
042 B001200   0
042 C001200   0
042 D001200   0
042 E001200   0
042 F001200   0
042 G001200   0
042 H001200   0
043  001200      0
044  001200      0
062 A001200 Y
062 B001200   0.0
062 C001200   0.0
062 D001200  17.8
062 E001200   0.0
062 F001200   0.0
062 G001200   0.0
062 H001200   0.0
062 I001200   0.0
062 J001200   0.0
062 K001200   0.0
062 L001200  13.1
062 M001200  12.7
062 N001200   0.0
062 O001200   0.0
062 P001200   0.0
062 Q001200   0.0
062 R001200  54.6
063 A001200   0
063 B001200  2.7
064 A001200 N
064 B001200 N
070 A011200 Y
070 A021200 Y
070 B011200 N
070 B021200 N
070 C011200 Y
070 C021200 N
070 D011200 Y
<PAGE>      PAGE  48
070 D021200 N
070 E011200 N
070 E021200 N
070 F011200 N
070 F021200 N
070 G011200 N
070 G021200 N
070 H011200 Y
070 H021200 N
070 I011200 N
070 I021200 N
070 J011200 Y
070 J021200 N
070 K011200 Y
070 K021200 N
070 L011200 Y
070 L021200 Y
070 M011200 N
070 M021200 N
070 N011200 Y
070 N021200 N
070 O011200 N
070 O021200 N
070 P011200 N
070 P021200 N
070 Q011200 N
070 Q021200 N
070 R011200 N
070 R021200 N
071 A001200     20776
071 B001200     33911
071 C001200     33005
071 D001200   63
072 A001200  6
072 B001200      467
072 C001200      502
072 D001200        0
072 E001200        0
072 F001200      150
072 G001200       35
072 H001200        0
072 I001200       15
072 J001200        3
072 K001200        0
072 L001200        5
072 M001200        1
072 N001200        1
072 O001200        0
072 P001200        0
072 Q001200        0
072 R001200        1
<PAGE>      PAGE  49
072 S001200        2
072 T001200        1
072 U001200        2
072 V001200        0
072 W001200        2
072 X001200      218
072 Y001200       52
072 Z001200      803
072AA001200      298
072BB001200        0
072CC011200     1566
072CC021200        0
072DD011200      780
072DD021200        0
072EE001200     1100
073 A011200   0.1854
073 A021200   0.0000
073 B001200   0.2476
073 C001200   0.0000
074 A001200        1
074 B001200     7435
074 C001200        0
074 D001200     5278
074 E001200        0
074 F001200    22735
074 G001200        0
074 H001200        0
074 I001200     5466
074 J001200        0
074 K001200        0
074 L001200      780
074 M001200       11
074 N001200    41706
074 O001200        0
074 P001200        0
074 Q001200        0
074 R011200        0
074 R021200        0
074 R031200        0
074 R041200       31
074 S001200        0
074 T001200    41675
074 U011200     3898
074 U021200       19
074 V011200     0.00
074 V021200     0.00
074 W001200   0.0000
074 X001200      121
074 Y001200        0
075 A001200        0
075 B001200    42937
<PAGE>      PAGE  50
076  001200     0.00
024  001300 N
028 A011300      5442
028 A021300         4
028 A031300         0
028 A041300       203
028 B011300      6580
028 B021300         4
028 B031300         0
028 B041300       585
028 C011300     14408
028 C021300         2
028 C031300         0
028 C041300       149
028 D011300      8274
028 D021300         2
028 D031300         0
028 D041300       274
028 E011300      3879
028 E021300         4
028 E031300         0
028 E041300       860
028 F011300      3488
028 F021300         4
028 F031300         0
028 F041300      1165
028 G011300     42071
028 G021300        20
028 G031300         0
028 G041300      3236
028 H001300       595
029  001300 Y
030 A001300      1
030 B001300  3.00
030 C001300  0.00
031 A001300      1
031 B001300      0
032  001300      0
033  001300      0
034  001300 N
035  001300      0
036 B001300      0
042 A001300   0
042 B001300   0
042 C001300   0
042 D001300   0
042 E001300   0
042 F001300   0
042 G001300   0
042 H001300   0
043  001300      0
<PAGE>      PAGE  51
044  001300      0
062 A001300 Y
062 B001300   0.0
062 C001300   0.0
062 D001300   0.0
062 E001300   0.0
062 F001300   0.0
062 G001300   0.0
062 H001300   0.0
062 I001300   0.0
062 J001300   0.0
062 K001300   0.0
062 L001300   3.1
062 M001300   0.0
062 N001300   0.0
062 O001300  94.7
062 P001300   0.0
062 Q001300   0.0
062 R001300   0.0
063 A001300   0
063 B001300  7.2
064 A001300 N
064 B001300 N
071 A001300     38458
071 B001300      2024
071 C001300     28387
071 D001300    7
072 A001300  6
072 B001300      850
072 C001300        0
072 D001300        0
072 E001300        0
072 F001300      105
072 G001300       26
072 H001300        0
072 I001300       12
072 J001300        4
072 K001300        0
072 L001300        4
072 M001300        0
072 N001300       16
072 O001300        0
072 P001300        0
072 Q001300        0
072 R001300        1
072 S001300        1
072 T001300        1
072 U001300        3
072 V001300        0
072 W001300        1
072 X001300      174
<PAGE>      PAGE  52
072 Y001300       70
072 Z001300      746
072AA001300       22
072BB001300        0
072CC011300     1451
072CC021300        0
072DD011300      753
072DD021300       21
072EE001300        2
073 A011300   0.2390
073 A021300   0.2390
073 B001300   0.0006
073 C001300   0.0000
074 A001300        0
074 B001300        0
074 C001300     1499
074 D001300    45743
074 E001300        0
074 F001300        0
074 G001300        0
074 H001300        0
074 I001300        0
074 J001300        0
074 K001300        0
074 L001300     1076
074 M001300       21
074 N001300    48339
074 O001300        0
074 P001300        0
074 Q001300        0
074 R011300        0
074 R021300        0
074 R031300        0
074 R041300       46
074 S001300        0
074 T001300    48293
074 U011300     4545
074 U021300      125
074 V011300    10.34
074 V021300    10.34
074 W001300   0.0000
074 X001300       44
074 Y001300        0
075 A001300        0
075 B001300    29973
076  001300     0.00
024  001400 N
028 A011400      7169
028 A021400        13
028 A031400         0
028 A041400       210
<PAGE>      PAGE  53
028 B011400      4359
028 B021400        13
028 B031400         0
028 B041400       753
028 C011400      3387
028 C021400        13
028 C031400         0
028 C041400      3772
028 D011400     22132
028 D021400        13
028 D031400         0
028 D041400       527
028 E011400      9624
028 E021400        13
028 E031400         0
028 E041400       865
028 F011400      4909
028 F021400        13
028 F031400         0
028 F041400       850
028 G011400     51580
028 G021400        78
028 G031400         0
028 G041400      6977
028 H001400       325
029  001400 Y
030 A001400      1
030 B001400  3.00
030 C001400  0.00
031 A001400      1
031 B001400      0
032  001400      0
033  001400      0
034  001400 N
035  001400      0
036 B001400      0
042 A001400   0
042 B001400   0
042 C001400   0
042 D001400   0
042 E001400   0
042 F001400   0
042 G001400   0
042 H001400   0
043  001400      0
044  001400      0
062 A001400 Y
062 B001400   0.0
062 C001400   0.0
062 D001400   0.0
062 E001400   0.0
<PAGE>      PAGE  54
062 F001400   0.0
062 G001400   0.0
062 H001400   0.0
062 I001400   0.0
062 J001400   0.0
062 K001400   0.0
062 L001400   1.8
062 M001400   0.0
062 N001400   0.0
062 O001400  97.4
062 P001400   0.0
062 Q001400   0.0
062 R001400   0.0
063 A001400   0
063 B001400  6.9
064 A001400 N
064 B001400 N
071 A001400     51239
071 B001400      7301
071 C001400     40899
071 D001400   18
072 A001400  6
072 B001400     1206
072 C001400        0
072 D001400        0
072 E001400        0
072 F001400      153
072 G001400       30
072 H001400        0
072 I001400       11
072 J001400        7
072 K001400        0
072 L001400        6
072 M001400        1
072 N001400       17
072 O001400        0
072 P001400        0
072 Q001400        0
072 R001400        1
072 S001400        2
072 T001400        2
072 U001400        3
072 V001400        0
072 W001400        1
072 X001400      234
072 Y001400       81
072 Z001400     1053
072AA001400        0
072BB001400       57
072CC011400     1713
072CC021400        0
<PAGE>      PAGE  55
072DD011400     1088
072DD021400       39
072EE001400        0
073 A011400   0.2215
073 A021400   0.2215
073 B001400   0.0000
073 C001400   0.0000
074 A001400        0
074 B001400        0
074 C001400     1247
074 D001400    66292
074 E001400        0
074 F001400        0
074 G001400        0
074 H001400        0
074 I001400        0
074 J001400        0
074 K001400        0
074 L001400     1149
074 M001400       21
074 N001400    68709
074 O001400      500
074 P001400        0
074 Q001400        0
074 R011400        0
074 R021400        0
074 R031400        0
074 R041400      127
074 S001400        0
074 T001400    68082
074 U011400     6783
074 U021400      192
074 V011400     9.76
074 V021400     9.76
074 W001400   0.0000
074 X001400       56
074 Y001400        0
075 A001400        0
075 B001400    43706
076  001400     0.00
024  001500 Y
025 A001501 J.P. MORGAN
025 B001501 13-5108880
025 C001501 D
025 D001501     224
025 A001502 MERRILL LYNCH
025 B001502 13-5674085
025 C001502 D
025 D001502     641
028 A011500      1090
028 A021500         0
<PAGE>      PAGE  56
028 A031500         0
028 A041500         0
028 B011500      1068
028 B021500         0
028 B031500         0
028 B041500       350
028 C011500      1596
028 C021500        28
028 C031500         0
028 C041500        33
028 D011500      1430
028 D021500         0
028 D031500         0
028 D041500        32
028 E011500      1436
028 E021500         0
028 E031500         0
028 E041500        44
028 F011500      1613
028 F021500         0
028 F031500         0
028 F041500        95
028 G011500      8233
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029  001500 Y
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030 B001500  4.50
030 C001500  0.00
031 A001500      0
031 B001500      0
032  001500      0
033  001500      0
034  001500 N
035  001500      0
036 B001500      0
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042 B001500   0
042 C001500   0
042 D001500   0
042 E001500   0
042 F001500   0
042 G001500   0
042 H001500   0
043  001500      0
044  001500      0
062 A001500 N
062 B001500   0.0
062 C001500   0.0
<PAGE>      PAGE  57
062 D001500   0.0
062 E001500   0.0
062 F001500   0.0
062 G001500   0.0
062 H001500   0.0
062 I001500   0.0
062 J001500   0.0
062 K001500   0.0
062 L001500   0.0
062 M001500   0.0
062 N001500   0.0
062 O001500   0.0
062 P001500   0.0
062 Q001500   0.0
062 R001500   0.0
063 A001500   0
063 B001500  0.0
070 A011500 Y
070 A021500 Y
070 B011500 N
070 B021500 N
070 C011500 Y
070 C021500 N
070 D011500 Y
070 D021500 N
070 E011500 N
070 E021500 N
070 F011500 N
070 F021500 N
070 G011500 N
070 G021500 N
070 H011500 N
070 H021500 N
070 I011500 N
070 I021500 N
070 J011500 Y
070 J021500 N
070 K011500 Y
070 K021500 N
070 L011500 N
070 L021500 Y
070 M011500 Y
070 M021500 N
070 N011500 N
070 N021500 N
070 O011500 N
070 O021500 N
070 P011500 N
070 P021500 N
070 Q011500 N
070 Q021500 N
<PAGE>      PAGE  58
070 R011500 N
070 R021500 N
071 A001500     10109
071 B001500      2936
071 C001500     10430
071 D001500   28
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072 B001500       20
072 C001500       15
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072 G001500       25
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072 Y001500       41
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<PAGE>      PAGE  59
074 I001500        0
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074 M001500       21
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074 X001500      115
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024  001600 Y
025 A001601 J.P. MORGAN
025 B001601 13-3224016
025 C001601 D
025 D001601    1336
025 A001602 MERRILL LYNCH
025 B001602 13-5674085
025 C001602 D
025 D001602    1435
028 A011600      1501
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028 A031600         0
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028 B011600      2112
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028 D011600      3516
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028 D031600         0
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<PAGE>      PAGE  60
028 E021600         0
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028 F031600         0
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029  001600 Y
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030 B001600  4.50
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031 A001600      0
031 B001600      0
032  001600      0
033  001600      0
034  001600 N
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036 B001600      0
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042 C001600   0
042 D001600   0
042 E001600   0
042 F001600   0
042 G001600   0
042 H001600   0
043  001600      0
044  001600      0
062 A001600 N
062 B001600   0.0
062 C001600   0.0
062 D001600   0.0
062 E001600   0.0
062 F001600   0.0
062 G001600   0.0
062 H001600   0.0
062 I001600   0.0
062 J001600   0.0
062 K001600   0.0
062 L001600   0.0
062 M001600   0.0
062 N001600   0.0
062 O001600   0.0
062 P001600   0.0
062 Q001600   0.0
062 R001600   0.0
<PAGE>      PAGE  61
063 A001600   0
063 B001600  0.0
070 A011600 Y
070 A021600 Y
070 B011600 N
070 B021600 N
070 C011600 Y
070 C021600 N
070 D011600 Y
070 D021600 N
070 E011600 N
070 E021600 N
070 F011600 N
070 F021600 N
070 G011600 N
070 G021600 N
070 H011600 N
070 H021600 N
070 I011600 N
070 I021600 N
070 J011600 Y
070 J021600 N
070 K011600 Y
070 K021600 N
070 L011600 Y
070 L021600 Y
070 M011600 N
070 M021600 N
070 N011600 Y
070 N021600 N
070 O011600 N
070 O021600 N
070 P011600 N
070 P021600 N
070 Q011600 N
070 Q021600 N
070 R011600 N
070 R021600 N
071 A001600     13913
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071 D001600   17
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072 E001600        0
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072 H001600        0
072 I001600       14
<PAGE>      PAGE  62
072 J001600        2
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072 L001600        2
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072 Q001600        0
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074 T001600    21222
<PAGE>      PAGE  63
074 U011600     1880
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028 F041700      2353
028 G011700     32066
028 G021700         0
028 G031700         0
028 G041700      3646
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034  001700 N
035  001700      0
036 B001700      0
037  001700 N
038  001700      0
039  001700 N
040  001700 Y
041  001700 N
042 A001700   0
042 B001700   0
042 C001700   0
042 D001700   0
<PAGE>      PAGE  64
042 E001700   0
042 F001700   0
042 G001700   0
042 H001700   0
043  001700      0
044  001700      0
062 A001700 N
062 B001700   0.0
062 C001700   0.0
062 D001700   0.0
062 E001700   0.0
062 F001700   0.0
062 G001700   0.0
062 H001700   0.0
062 I001700   0.0
062 J001700   0.0
062 K001700   0.0
062 L001700   0.0
062 M001700   0.0
062 N001700   0.0
062 O001700   0.0
062 P001700   0.0
062 Q001700   0.0
062 R001700   0.0
071 A001700     38678
071 B001700     12099
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072 A001700  6
072 B001700      184
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<PAGE>      PAGE  65
072 X001700      561
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074 D001700        0
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074 T001700    66196
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074 W001700   0.0000
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074 Y001700        0
075 A001700        0
075 B001700    58829
076  001700     0.00
024  001800 N
028 A011800         0
028 A021800         0
028 A031800         0
<PAGE>      PAGE  66
028 A041800         0
028 B011800      9471
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028 B031800         0
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028 C011800      1445
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028 F031800         0
028 F041800        32
028 G011800     14680
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028 G031800         0
028 G041800        50
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029  001800 N
030 A001800      0
030 B001800  0.00
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032  001800      0
033  001800      0
034  001800 N
035  001800      0
036 B001800      0
042 A001800   0
042 B001800   0
042 C001800   0
042 D001800   0
042 E001800   0
042 F001800   0
042 G001800   0
042 H001800   0
043  001800      0
044  001800      0
062 A001800 N
062 B001800   0.0
062 C001800   0.0
062 D001800   0.0
<PAGE>      PAGE  67
062 E001800   0.0
062 F001800   0.0
062 G001800   0.0
062 H001800   0.0
062 I001800   0.0
062 J001800   0.0
062 K001800   0.0
062 L001800   0.0
062 M001800   0.0
062 N001800   0.0
062 O001800   0.0
062 P001800   0.0
062 Q001800   0.0
062 R001800   0.0
063 A001800   0
063 B001800  0.0
070 A011800 Y
070 A021800 N
070 B011800 N
070 B021800 N
070 C011800 N
070 C021800 N
070 D011800 N
070 D021800 N
070 E011800 N
070 E021800 N
070 F011800 N
070 F021800 N
070 G011800 Y
070 G021800 N
070 H011800 N
070 H021800 N
070 I011800 N
070 I021800 N
070 J011800 N
070 J021800 N
070 K011800 Y
070 K021800 Y
070 L011800 Y
070 L021800 N
070 M011800 N
070 M021800 N
070 N011800 Y
070 N021800 N
070 O011800 N
070 O021800 N
070 P011800 N
070 P021800 N
070 Q011800 N
070 Q021800 N
070 R011800 N
<PAGE>      PAGE  68
070 R021800 N
071 A001800     14899
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074 D001800        0
074 E001800        0
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<PAGE>      PAGE  69
074 J001800      197
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008 A001901 FIRST BANK NATIONAL ASSOCIATION
008 B001901 A
008 C001901 801-0000
008 D011901 MINNEAPOLIS
008 D021901 MN
008 D031901 05540
024  001900 N
028 A011900         0
028 A021900         0
028 A031900         0
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028 C031900         0
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028 E021900        20
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<PAGE>      PAGE  70
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029  001900 Y
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031 B001900      0
032  001900      0
033  001900      0
034  001900 N
035  001900      0
036 B001900      0
037  001900 N
038  001900      0
039  001900 N
040  001900 Y
041  001900 N
042 A001900   0
042 B001900   0
042 C001900   0
042 D001900   0
042 E001900   0
042 F001900   0
042 G001900   0
042 H001900   0
043  001900      0
044  001900      0
045  001900 Y
046  001900 N
047  001900 Y
048  001900  0.700
048 A011900        0
048 A021900 0.000
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048 B021900 0.000
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048 C021900 0.000
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048 D021900 0.000
048 E011900        0
048 E021900 0.000
048 F011900        0
048 F021900 0.000
<PAGE>      PAGE  71
048 G011900        0
048 G021900 0.000
048 H011900        0
048 H021900 0.000
048 I011900        0
048 I021900 0.000
048 J011900        0
048 J021900 0.000
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048 K021900 0.000
062 A001900 Y
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062 E001900   0.0
062 F001900   0.0
062 G001900   0.0
062 H001900   0.0
062 I001900   0.0
062 J001900   0.0
062 K001900   0.0
062 L001900   4.5
062 M001900   0.0
062 N001900   0.0
062 O001900  98.0
062 P001900   0.0
062 Q001900   0.0
062 R001900   0.0
063 A001900   0
063 B001900  1.7
064 A001900 N
064 B001900 N
066 A001900 N
067  001900 N
068 A001900 N
068 B001900 N
069  001900 N
070 A011900 Y
070 A021900 N
070 B011900 N
070 B021900 N
070 C011900 N
070 C021900 N
070 D011900 N
070 D021900 N
070 E011900 Y
070 E021900 N
070 F011900 N
070 F021900 N
070 G011900 N
070 G021900 N
<PAGE>      PAGE  72
070 H011900 N
070 H021900 N
070 I011900 Y
070 I021900 N
070 J011900 Y
070 J021900 N
070 K011900 Y
070 K021900 Y
070 L011900 N
070 L021900 N
070 M011900 N
070 M021900 N
070 N011900 Y
070 N021900 N
070 O011900 N
070 O021900 N
070 P011900 N
070 P021900 N
070 Q011900 N
070 Q021900 N
070 R011900 N
070 R021900 N
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<PAGE>      PAGE  73
072 Z001900       86
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074 N001900    15070
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074 S001900        0
074 T001900    14425
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074 V011900     9.99
074 V021900     9.99
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075 A001900        0
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008 A002001 FIRST BANK NATIONAL ASSOCIATION
008 B002001 A
008 C002001 801-0000
008 D012001 MINNEAPOLIS
008 D022001 MN
008 D032001 55480
<PAGE>      PAGE  74
024  002000 Y
025 A002001 J.P. MORGAN
025 B002001 13-3224016
025 C002001 D
025 D002001    2284
025 A002002 MERRILL LYNCH
025 B002002 13-5674085
025 C002002 D
025 D002002    2574
028 A012000         0
028 A022000         0
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028 A042000         0
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028 G012000      5002
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029  002000 Y
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030 B002000  4.50
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031 A002000      0
031 B002000      0
032  002000      0
033  002000      0
034  002000 N
035  002000      0
036 B002000      0
037  002000 N
038  002000      0
<PAGE>      PAGE  75
039  002000 N
040  002000 Y
041  002000 N
042 A002000   0
042 B002000   0
042 C002000   0
042 D002000   0
042 E002000   0
042 F002000   0
042 G002000   0
042 H002000   0
043  002000      0
044  002000      0
045  002000 Y
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047  002000 Y
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<PAGE>      PAGE  76
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070 D022000 N
070 E012000 N
070 E022000 N
070 F012000 N
070 F022000 N
070 G012000 N
070 G022000 N
070 H012000 N
070 H022000 N
070 I012000 N
070 I022000 N
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070 J022000 N
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<PAGE>      PAGE  77
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<PAGE>      PAGE  78
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<PAGE>      PAGE  79
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<PAGE>      PAGE  80
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<PAGE>      PAGE  81
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<PAGE>      PAGE  82
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<PAGE>      PAGE  83
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<PAGE>      PAGE  84
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SIGNATURE   STEPHEN G MEYER                              
TITLE       CONTROLLER          
 


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<NUMBER-OF-SHARES-SOLD>                          29473
<NUMBER-OF-SHARES-REDEEMED>                       7878
<SHARES-REINVESTED>                                 28
<NET-CHANGE-IN-ASSETS>                           21623
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<PER-SHARE-NAV-BEGIN>                            10.28
<PER-SHARE-NII>                                    .24
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<PER-SHARE-DISTRIBUTIONS>                            0
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<PER-SHARE-NAV-END>                              10.48
<EXPENSE-RATIO>                                    .68
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 031
   <NAME> FIXED INCOME RETAIL CLASS A 
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<PERIOD-START>                             OCT-01-1994
<PERIOD-END>                               MAR-31-1995
<INVESTMENTS-AT-COST>                           191597
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<NET-ASSETS>                                    196965
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<INTEREST-INCOME>                                 5467
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<NUMBER-OF-SHARES-REDEEMED>                       1919
<SHARES-REINVESTED>                                222
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<EXPENSE-RATIO>                                    .77
<AVG-DEBT-OUTSTANDING>                               0
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS,INC.
<SERIES>
   <NUMBER> 032
   <NAME> FIXED INCOME INSTITUTIONAL CLASS C
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<PERIOD-START>                             OCT-01-1994
<PERIOD-END>                               MAR-31-1995
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<ACCUMULATED-NII-PRIOR>                              6
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<EXPENSE-RATIO>                                    .70
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 033
   <NAME> FIXED INCOME RETAIL CLASS B
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<PERIOD-START>                             OCT-01-1994
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<SHARES-REINVESTED>                                 10
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<ACCUMULATED-NII-PRIOR>                              6
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<PER-SHARE-NII>                                    .30
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<EXPENSE-RATIO>                                    1.7
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 041
   <NAME> STOCK FUND RETAIL  CLASS A
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1995
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<PERIOD-END>                               MAR-31-1995
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<NET-ASSETS>                                    243518
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<EXPENSE-RATIO>                                    .93
<AVG-DEBT-OUTSTANDING>                               0
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 042
   <NAME> STOCK FUND INSTITUTIONAL CLASS C
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1995
<PERIOD-START>                             OCT-01-1994
<PERIOD-END>                               MAR-31-1995
<INVESTMENTS-AT-COST>                           216837
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<NET-ASSETS>                                    243518
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<EXPENSE-RATIO>                                    .78
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 043
   <NAME> STOCK FUND RETAIL CLASS B
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1995
<PERIOD-START>                             OCT-01-1994
<PERIOD-END>                               MAR-31-1995
<INVESTMENTS-AT-COST>                           216837
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<NET-ASSETS>                                    243518
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<RETURNS-OF-CAPITAL>                                 0
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<EXPENSE-RATIO>                                   1.78
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 051
   <NAME> SPECIAL EQUITY RETAIL CLASS A
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1995
<PERIOD-START>                             OCT-01-1994
<PERIOD-END>                               MAR-31-1995
<INVESTMENTS-AT-COST>                           179970
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<EXPENSE-RATIO>                                   1.00
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 052
   <NAME> SPECIAL EQUITY INSTITUTIONAL CLASS C
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1995
<PERIOD-START>                             OCT-01-1994
<PERIOD-END>                               MAR-31-1995
<INVESTMENTS-AT-COST>                           179970
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
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   <NUMBER> 053
   <NAME> SPECIAL EQUITY RETAIL CLASS B
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

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<NAME> FIRST AMERICAN INVESTMENT FUNDS,INC.
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   <NUMBER> 061
   <NAME> EQUITY INDEX FUND RETAIL CLASS A
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 062
   <NAME> EQUITY INDEX FUND INSTITUTIONAL CLASS C
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
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   <NUMBER> 063
   <NAME> EQUITY INDEX FUND RETAIL CLASS B
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
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   <NUMBER> 071
   <NAME> REGIONAL EQUITY RETAIL CLASS A
<MULTIPLIER> 1000
       
<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
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   <NAME> REGIONAL EQUITY INSTITUTIONAL CLASS C
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
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   <NUMBER> 073
   <NAME> REGIONAL EQUITY RETAIL CLASS B
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 081
   <NAME> LIMITED TERM INCOME RETAIL CLASS A
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 082
   <NAME> LIMITED TERM INCOME INSTITUTIONAL CLASS C
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 091
   <NAME> INTERMEDIATE TERM INCOME RETAIL CLASS A
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 092
   <NAME> INTERMEDIATE TERM INCOME INSTITUTIONAL CLASS C
<MULTIPLIER> 1000
       
<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 101
   <NAME> MORTGAGE SECURITIES FUNDS RETAIL CLASS A
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENTS FUNDS, INC.
<SERIES>
   <NUMBER> 102
   <NAME> MORTGAGE SECURITIES FUND INSTITUTIONAL CLASS C
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 111
   <NAME> BALANCED RETAIL CLASS A
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 112
   <NAME> BALANCED INSTITUTIONAL CLASS C
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 113
   <NAME> BALANCED RETAIL CLASS B
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<S>                             <C>
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<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
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<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
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<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
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   <NAME> EMERGING GROWTH FUND RETAIL CLASS A
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<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
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   <NAME> EMERGING GROWTH FUND INSTITUTIONAL CLASS C
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<TABLE> <S> <C>

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<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
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</TABLE>

<TABLE> <S> <C>

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<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
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</TABLE>

<TABLE> <S> <C>

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<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
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</TABLE>

<TABLE> <S> <C>

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<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
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</TABLE>

<TABLE> <S> <C>

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<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
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<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
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<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
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   <NAME> LIMITED TERM TAX FREE FUND INSTITUTIONAL CLASS C
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</TABLE>

<TABLE> <S> <C>

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<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
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   <NAME> EQUITY INCOME FUND RETAIL CLASS A
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</TABLE>

<TABLE> <S> <C>

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<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
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   <NAME> EQUITY INCOME FUND INSTITUTIONAL CLASS C
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</TABLE>

<TABLE> <S> <C>

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<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
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</TABLE>

<TABLE> <S> <C>

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<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
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</TABLE>

<TABLE> <S> <C>

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<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC.
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<TABLE> <S> <C>

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<NAME> FIRST AMERICAN INVESTMENT FUNDS,INC.
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