FIRST AMERICAN INVESTMENT FUNDS INC
NSAR-A, 1996-05-29
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<PAGE>      PAGE  1
000 A000000 03/31/96
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 23
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 Y
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 Y
007 C011900 19
007 C021900 LIMITED TAX FREE
007 C031900 Y
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
007 C012300 23
007 C022300 HEALTH SCIENCES
007 C032300 N
007 C012400 24
007 C012500 25
007 C012600 26
007 C012700 27
007 C012800 28
007 C012900 29
007 C013000 30
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   23
019 C00AA00 FIRSTAMERI
<PAGE>      PAGE  3
020 A000001 CS FIRST BOSTON
020 B000001 13-5659485
020 C000001    408
020 A000002 GOLDMAN SACHS
020 B000002 13-5108880
020 C000002    176
020 A000003 MERRILL LYNCH
020 B000003 13-5674085
020 C000003    147
020 A000004 MORGAN STANLEY
020 B000004 13-2655998
020 C000004    144
020 A000005 PAINE WEBBER
020 B000005 13-2760086
020 C000005    115
020 A000006 PRUDENTIAL SECURITIES
020 B000006 22-2347336
020 C000006     65
020 A000007 BEAR STEARNS
020 B000007 13-2975144
020 C000007     58
020 A000008 SALOMON BROTHERS
020 B000008 13-3082694
020 C000008     53
020 A000009 BERSTEIN SANFORD & CO.
020 B000009 13-2625874
020 C000009     52
020 A000010 CJ LAWRENCE
020 B000010 13-2730828
020 C000010     51
021  000000     1733
022 A000001 J.P. MORGAN
022 B000001 13-3224016
022 C000001    469814
022 D000001    454643
022 A000002 MERRILL LYNCH
022 B000002 13-5674085
022 C000002    428809
022 D000002    350970
022 A000003 CAPITOL INSTITUTIONAL SERVICES
022 B000003 75-1565705
022 C000003    308034
022 D000003    278312
022 A000004 GOLDMAN SACHS
022 B000004 13-5108880
022 C000004     60889
022 D000004     14499
022 A000005 PIPER JAFFRAY
022 B000005 41-0953246
022 C000005     22868
022 D000005     15271
<PAGE>      PAGE  4
022 A000006 BEAR STEARNS
022 B000006 13-2975144
022 C000006     14481
022 D000006     21554
022 A000007 MORGAN STANLEY
022 B000007 13-2655998
022 C000007     27862
022 D000007      3022
022 A000008 DAIN BOSWORTH
022 B000008 41-1414269
022 C000008     24050
022 D000008      6473
022 A000009 MONTGOMERY SECURITIES
022 B000009 94-1701676
022 C000009     15303
022 D000009      8131
022 A000010 CS FIRST BOSTON
022 B000010 13-5659485
022 C000010     10837
022 D000010      6325
023 C000000    1514617
023 D000000    1255544
026 A000000 N
026 B000000 N
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 Y
053 B00AA00 Y
053 C00AA00 N
077 A000000 N
024  000100 Y
025 A000101 MERRILL LYNCH
025 B000101 13-5674085
025 C000101 D
025 D000101    1541
025 D000102       0
025 D000103       0
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
042 G000100   0
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<PAGE>      PAGE  7
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074 D000100    98820
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<PAGE>      PAGE  8
075 B000100   111863
076  000100     0.00
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028 H000200       821
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<PAGE>      PAGE  9
062 I000200   0.0
062 J000200   0.0
062 K000200   0.0
062 L000200   3.6
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062 O000200  95.8
062 P000200   0.0
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063 B000200  5.5
064 A000200 N
064 B000200 N
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071 B000200      6775
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072CC020200      299
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072EE000200      322
<PAGE>      PAGE  10
073 A010200   0.2300
073 A020200   0.2300
073 B000200   0.0700
073 C000200   0.0000
074 A000200        0
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074 C000200       40
074 D000200    56548
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076  000200     0.00
024  000300 Y
025 A000301 MERRILL LYNCH
025 B000301 13-5674085
025 C000301 D
025 D000301    6000
025 A000302 PRUDENTIAL SECURITIES
025 B000302 22-2347336
025 C000302 D
025 D000302    6554
025 A000303 BEAR STEARNS
025 B000303 13-2975144
025 C000303 D
025 D000303    2157
025 A000304 MORGAN STANLEY
<PAGE>      PAGE  11
025 B000304 13-2655998
025 C000304 D
025 D000304     254
025 A000305 MORGAN STANELY
025 B000305 13-2655998
025 C000305 D
025 D000305      37
025 A000306 GOLDMAN SACHS
025 B000306 13-5108880
025 C000306 D
025 D000306    7131
025 A000307 GOLDMAN SACHS
025 B000307 13-5108880
025 C000307 D
025 D000307    2960
025 A000308 MERRILL LYNCH
025 B000308 13-5674085
025 C000308 D
025 D000308   24001
028 A010300     16413
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<PAGE>      PAGE  12
030 C000300  0.00
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036 A000300 Y
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039  000300 N
040  000300 Y
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042 D000300 100
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
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<PAGE>      PAGE  19
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<PAGE>      PAGE  20
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075 B000500   212166
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024  000600 Y
025 A000601 MERRILL LYNCH
025 B000601 13-5674085
025 C000601 D
025 D000601   10416
025 A000602 MERRILL LYNCH
025 B000602 13-5674085
025 C000602 E
025 D000602     595
025 A000603 MORGAN STANLEY
025 B000603 13-2655998
025 C000603 E
025 D000603     445
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025 B000604 13-3082694
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<PAGE>      PAGE  21
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037  000600 N
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039  000600 N
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<PAGE>      PAGE  22
042 D000600 100
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<PAGE>      PAGE  23
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025 B000701 13-5108880
<PAGE>      PAGE  24
025 C000701 D
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025 B000702 13-5674085
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033  000700      1
034  000700 Y
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037  000700 N
038  000700      0
039  000700 N
040  000700 Y
<PAGE>      PAGE  25
041  000700 Y
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<PAGE>      PAGE  26
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<PAGE>      PAGE  27
076  000700     0.00
024  000800 Y
025 A000801 MERRILL LYNCH
025 B000801 13-5674085
025 C000801 D
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025 A000802 PRUDENTIAL SECURITIES
025 B000802 22-2347336
025 C000802 D
025 D000802    3663
025 A000803 BEAR STEARNS
025 B000803 13-2975144
025 C000803 D
025 D000803    1514
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025 B000804 13-5108880
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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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025 A000901 MORGAN STANLEY
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025 A000902 PRUDENTIAL SECURITIES
025 B000902 22-2347336
025 C000902 D
025 D000902    3829
025 A000903 BEAR STEARNS
025 B000903 13-2975144
025 C000903 D
025 D000903    2779
025 A000904 MERRILL LYNCH
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025 C000904 D
025 D000904    6781
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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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024  001100 Y
025 A001101 BEAR STEARNS
025 B001101 13-2975144
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025 A001102 GOLDMAN SACHS
025 B001102 13-5108880
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028 B031100         0
028 B041100      2799
028 C011100      5696
028 C021100      8461
028 C031100         0
028 C041100     11141
028 D011100     11286
028 D021100       518
028 D031100         0
028 D041100      4259
028 E011100      6395
028 E021100       687
028 E031100         0
028 E041100      2222
028 F011100      6759
028 F021100       557
<PAGE>      PAGE  37
028 F031100         0
028 F041100      3404
028 G011100     55589
028 G021100     11497
028 G031100         0
028 G041100     25439
028 H001100      2136
029  001100 Y
030 A001100      6
030 B001100  4.50
030 C001100  0.00
031 A001100      6
031 B001100      0
032  001100      0
033  001100      0
034  001100 Y
035  001100     12
036 A001100 Y
036 B001100      0
037  001100 N
038  001100      0
039  001100 N
040  001100 Y
041  001100 Y
042 A001100   0
042 B001100   0
042 C001100   0
042 D001100 100
042 E001100   0
042 F001100   0
042 G001100   0
042 H001100   0
043  001100     44
044  001100      0
062 A001100 N
062 B001100   0.0
062 C001100   0.0
062 D001100   0.0
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   0.0
062 M001100   0.0
062 N001100   0.0
062 O001100   0.0
062 P001100   0.0
062 Q001100   0.0
<PAGE>      PAGE  38
062 R001100   0.0
070 A011100 Y
070 A021100 Y
070 B011100 N
070 B021100 N
070 C011100 Y
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 Y
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    102546
071 B001100     82397
071 C001100    204617
071 D001100   40
072 A001100  6
072 B001100     3426
072 C001100     1411
072 D001100        0
072 E001100        0
072 F001100      837
072 G001100      143
072 H001100        0
072 I001100       23
072 J001100        8
<PAGE>      PAGE  39
072 K001100        0
072 L001100        8
072 M001100        3
072 N001100       13
072 O001100        0
072 P001100        0
072 Q001100        0
072 R001100        4
072 S001100        6
072 T001100       44
072 U001100        2
072 V001100        0
072 W001100        6
072 X001100     1097
072 Y001100       96
072 Z001100     3836
072AA001100    10034
072BB001100        0
072CC011100     6422
072CC021100        0
072DD011100     3504
072DD021100      295
072EE001100     7873
073 A011100   0.0000
073 A021100   0.0000
073 B001100   0.4100
073 C001100   0.0000
074 A001100        0
074 B001100    20422
074 C001100    18905
074 D001100    84892
074 E001100        0
074 F001100   134961
074 G001100        0
074 H001100        0
074 I001100     3050
074 J001100     3226
074 K001100        0
074 L001100     2394
074 M001100        8
074 N001100   267858
074 O001100     2712
074 P001100        0
074 Q001100        0
074 R011100        0
074 R021100        0
074 R031100        0
074 R041100     4326
074 S001100        0
074 T001100   260820
074 U011100    18771
<PAGE>      PAGE  40
074 U021100     2004
074 V011100     0.00
074 V021100     0.00
074 W001100   0.0000
074 X001100     2215
074 Y001100        0
075 A001100        0
075 B001100   238903
076  001100     0.00
024  001200 Y
025 A001201 MERRILL LYNCH
025 B001201 13-5674085
025 C001201 D
025 D001201    7055
025 A001202 MERRILL LYNCH
025 B001202 13-5674085
025 C001202 E
025 D001202      73
025 A001203 MORGAN STANLEY
025 B001203 13-2655998
025 C001203 E
025 D001203      57
025 A001204 SALOMON BROTHERS
025 B001204 13-3082694
025 C001204 E
025 D001204      30
028 A011200       821
028 A021200       114
028 A031200         0
028 A041200       364
028 B011200      2910
028 B021200       133
028 B031200         0
028 B041200       475
028 C011200       806
028 C021200      1816
028 C031200         0
028 C041200      1410
028 D011200      1460
028 D021200        56
028 D031200         0
028 D041200       649
028 E011200      3570
028 E021200       116
028 E031200         0
028 E041200       485
028 F011200      1084
028 F021200       116
028 F031200         0
028 F041200      1595
028 G011200     10651
<PAGE>      PAGE  41
028 G021200      2351
028 G031200         0
028 G041200      4978
028 H001200       377
029  001200 Y
030 A001200      1
030 B001200  4.50
030 C001200  0.00
031 A001200      1
031 B001200      0
032  001200      0
033  001200      0
034  001200 Y
035  001200      4
036 A001200 N
036 B001200      0
037  001200 N
038  001200      0
039  001200 N
040  001200 Y
041  001200 Y
042 A001200   0
042 B001200   0
042 C001200   0
042 D001200 100
042 E001200   0
042 F001200   0
042 G001200   0
042 H001200   0
043  001200      6
044  001200      0
062 A001200 N
062 B001200   0.0
062 C001200   0.0
062 D001200   0.0
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   0.0
062 M001200   0.0
062 N001200   0.0
062 O001200   0.0
062 P001200   0.0
062 Q001200   0.0
062 R001200   0.0
071 A001200     11790
071 B001200      6404
<PAGE>      PAGE  42
071 C001200     32164
071 D001200   20
072 A001200  6
072 B001200      591
072 C001200      336
072 D001200        0
072 E001200        0
072 F001200      175
072 G001200       30
072 H001200        0
072 I001200       14
072 J001200       20
072 K001200        0
072 L001200        2
072 M001200        1
072 N001200        3
072 O001200        0
072 P001200        0
072 Q001200        0
072 R001200        1
072 S001200        1
072 T001200        6
072 U001200        3
072 V001200        0
072 W001200        1
072 X001200      257
072 Y001200       51
072 Z001200      721
072AA001200     1281
072BB001200        0
072CC011200     1471
072CC021200        0
072DD011200      696
072DD021200       27
072EE001200     1644
073 A011200   0.0000
073 A021200   0.0000
073 B001200   0.4100
073 C001200   0.0000
074 A001200      158
074 B001200    11720
074 C001200        0
074 D001200     5771
074 E001200        0
074 F001200    31995
074 G001200        0
074 H001200        0
074 I001200     4065
074 J001200        0
074 K001200        0
074 L001200      432
<PAGE>      PAGE  43
074 M001200        6
074 N001200    54147
074 O001200      157
074 P001200        0
074 Q001200        0
074 R011200        0
074 R021200        0
074 R031200        0
074 R041200       86
074 S001200        0
074 T001200    53904
074 U011200     4259
074 U021200      243
074 V011200     0.00
074 V021200     0.00
074 W001200   0.0000
074 X001200      267
074 Y001200        0
075 A001200        0
075 B001200    49863
076  001200     0.00
024  001300 N
028 A011300       248
028 A021300         4
028 A031300         0
028 A041300       307
028 B011300       576
028 B021300         5
028 B031300         0
028 B041300       344
028 C011300       801
028 C021300        16
028 C031300         0
028 C041300       295
028 D011300       498
028 D021300         5
028 D031300         0
028 D041300       988
028 E011300      1000
028 E021300         6
028 E031300         0
028 E041300      1308
028 F011300       447
028 F021300         7
028 F031300         0
028 F041300      1405
028 G011300      3570
028 G021300        43
028 G031300         0
028 G041300      4647
028 H001300       705
<PAGE>      PAGE  44
029  001300 Y
030 A001300      2
030 B001300  3.00
030 C001300  0.00
031 A001300      2
031 B001300      0
032  001300      0
033  001300      0
034  001300 N
035  001300      0
036 B001300      0
062 A001300 Y
062 B001300   0.0
062 C001300   0.0
062 D001300   0.0
062 E001300   1.5
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   0.0
062 M001300   0.0
062 N001300   0.0
062 O001300  96.9
062 P001300   0.0
062 Q001300   0.0
062 R001300   0.0
063 A001300   0
063 B001300  6.6
064 A001300 N
064 B001300 N
071 A001300      3524
071 B001300      4094
071 C001300      4766
071 D001300    7
072 A001300  6
072 B001300     1414
072 C001300        0
072 D001300        0
072 E001300        0
072 F001300      185
072 G001300       32
072 H001300        0
072 I001300       10
072 J001300        8
072 K001300        0
072 L001300        2
072 M001300        1
072 N001300        3
<PAGE>      PAGE  45
072 O001300        0
072 P001300        0
072 Q001300        0
072 R001300        1
072 S001300        1
072 T001300        3
072 U001300        3
072 V001300        0
072 W001300        1
072 X001300      250
072 Y001300       65
072 Z001300     1229
072AA001300      122
072BB001300        0
072CC011300        0
072CC021300      163
072DD011300     1167
072DD021300       57
072EE001300      247
073 A011300   0.2500
073 A021300   0.2500
073 B001300   0.0500
073 C001300   0.0000
074 A001300        0
074 B001300        0
074 C001300      744
074 D001300    49380
074 E001300        0
074 F001300        0
074 G001300        0
074 H001300        0
074 I001300       16
074 J001300        0
074 K001300        0
074 L001300      954
074 M001300       15
074 N001300    51109
074 O001300        0
074 P001300        0
074 Q001300        0
074 R011300        0
074 R021300        0
074 R031300        0
074 R041300      166
074 S001300        0
074 T001300    50943
074 U011300     4620
074 U021300      253
074 V011300    10.45
074 V021300    10.45
074 W001300   0.0000
<PAGE>      PAGE  46
074 X001300      103
074 Y001300        0
075 A001300        0
075 B001300    52765
076  001300     0.00
024  001400 N
028 A011400      4016
028 A021400        14
028 A031400         0
028 A041400      2128
028 B011400      4302
028 B021400        14
028 B031400         0
028 B041400      2697
028 C011400      2461
028 C021400        26
028 C031400         0
028 C041400       493
028 D011400      4308
028 D021400        16
028 D031400         0
028 D041400      3594
028 E011400      6460
028 E021400        16
028 E031400         0
028 E041400       657
028 F011400      3626
028 F021400        16
028 F031400         0
028 F041400       201
028 G011400     25173
028 G021400       102
028 G031400         0
028 G041400      9770
028 H001400      1569
029  001400 Y
030 A001400      2
030 B001400  3.00
030 C001400  0.00
031 A001400      2
031 B001400      0
032  001400      0
033  001400      0
062 A001400 Y
062 B001400   0.0
062 C001400   0.0
062 D001400   0.0
062 E001400   5.8
062 F001400   0.0
062 G001400   0.0
062 H001400   0.0
<PAGE>      PAGE  47
062 I001400   0.0
062 J001400   0.0
062 K001400   0.0
062 L001400   0.0
062 M001400   0.0
062 N001400   0.0
062 O001400  91.1
062 P001400   0.0
062 Q001400   0.0
062 R001400   0.0
063 A001400   0
063 B001400  5.9
064 A001400 N
064 B001400 N
071 A001400     16452
071 B001400      3216
071 C001400     65701
071 D001400    5
072 A001400  6
072 B001400     1860
072 C001400        0
072 D001400        0
072 E001400        0
072 F001400      248
072 G001400       43
072 H001400        0
072 I001400       10
072 J001400       10
072 K001400        0
072 L001400        2
072 M001400        1
072 N001400        8
072 O001400        0
072 P001400        0
072 Q001400        0
072 R001400        2
072 S001400        1
072 T001400        4
072 U001400        4
072 V001400        0
072 W001400        2
072 X001400      335
072 Y001400       87
072 Z001400     1612
072AA001400      194
072BB001400        0
072CC011400        0
072CC021400      153
072DD011400     1561
072DD021400       64
072EE001400      202
<PAGE>      PAGE  48
073 A011400   0.2300
073 A021400   0.2300
073 B001400   0.0300
073 C001400   0.0000
074 A001400        0
074 B001400        0
074 C001400     4535
074 D001400    72212
074 E001400        0
074 F001400        0
074 G001400        0
074 H001400        0
074 I001400        0
074 J001400     1079
074 K001400        0
074 L001400     1475
074 M001400       14
074 N001400    79315
074 O001400        0
074 P001400        0
074 Q001400        0
074 R011400        0
074 R021400        0
074 R031400        0
074 R041400       72
074 S001400        0
074 T001400    79243
074 U011400     7626
074 U021400      361
074 V011400     9.92
074 V021400     9.92
074 W001400   0.0000
074 X001400       91
074 Y001400        0
075 A001400        0
075 B001400    70864
076  001400     0.00
024  001500 Y
025 A001501 MERRILL LYNCH
025 B001501 13-5674085
025 C001501 D
025 D001501    1168
025 D001502       0
025 D001503       0
025 D001504       0
025 D001505       0
025 D001506       0
025 D001507       0
025 D001508       0
028 A011500      1918
028 A021500         0
<PAGE>      PAGE  49
028 A031500         0
028 A041500       212
028 B011500      2271
028 B021500         0
028 B031500         0
028 B041500       490
028 C011500      2526
028 C021500      1238
028 C031500         0
028 C041500       518
028 D011500      6198
028 D021500         0
028 D031500         0
028 D041500       368
028 E011500      7478
028 E021500         0
028 E031500         0
028 E041500       500
028 F011500      4080
028 F021500         0
028 F031500         0
028 F041500      3009
028 G011500     24471
028 G021500      1238
028 G031500         0
028 G041500      5097
028 H001500       984
029  001500 Y
030 A001500      2
030 B001500  4.50
030 C001500  0.00
031 A001500      2
031 B001500      0
032  001500      0
033  001500      0
034  001500 Y
035  001500      3
036 A001500 N
036 B001500      0
037  001500 N
038  001500      0
039  001500 N
040  001500 Y
041  001500 Y
042 A001500   0
042 B001500   0
042 C001500   0
042 D001500 100
042 E001500   0
042 F001500   0
042 G001500   0
<PAGE>      PAGE  50
042 H001500   0
043  001500     14
044  001500      0
062 A001500 N
062 B001500   0.0
062 C001500   0.0
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
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 Y
070 L021500 Y
070 M011500 N
070 M021500 N
070 N011500 N
070 N021500 N
070 O011500 N
070 O021500 N
<PAGE>      PAGE  51
070 P011500 N
070 P021500 N
070 Q011500 N
070 Q021500 N
070 R011500 N
070 R021500 N
071 A001500     46773
071 B001500     28433
071 C001500     37223
071 D001500   76
072 A001500  6
072 B001500       51
072 C001500       16
072 D001500        0
072 E001500        0
072 F001500      133
072 G001500       26
072 H001500        0
072 I001500       14
072 J001500        6
072 K001500        0
072 L001500        1
072 M001500        0
072 N001500        4
072 O001500        0
072 P001500        0
072 Q001500        0
072 R001500        1
072 S001500        1
072 T001500       14
072 U001500        3
072 V001500        0
072 W001500        1
072 X001500      204
072 Y001500       19
072 Z001500     -118
072AA001500     3951
072BB001500        0
072CC011500        0
072CC021500     4130
072DD011500        0
072DD021500        0
072EE001500     3857
073 A011500   0.0000
073 A021500   0.0000
073 B001500   1.8900
073 C001500   0.0000
074 A001500        0
074 B001500     1168
074 C001500        0
074 D001500        0
<PAGE>      PAGE  52
074 E001500      162
074 F001500    48137
074 G001500        0
074 H001500        0
074 I001500        0
074 J001500     1478
074 K001500        0
074 L001500      515
074 M001500       25
074 N001500    51485
074 O001500     1790
074 P001500        0
074 Q001500        0
074 R011500        0
074 R021500        0
074 R031500        0
074 R041500      470
074 S001500        0
074 T001500    49225
074 U011500     2769
074 U021500      321
074 V011500     0.00
074 V021500     0.00
074 W001500   0.0000
074 X001500      947
074 Y001500        0
075 A001500        0
075 B001500    37889
076  001500     0.00
024  001600 Y
025 A001601 MERRILL LYNCH
025 B001601 13-5674085
025 C001601 D
025 D001601    2887
025 D001602       0
025 D001603       0
025 D001604       0
025 D001605       0
025 D001606       0
025 D001607       0
025 D001608       0
028 A011600      2088
028 A021600         0
028 A031600         0
028 A041600       166
028 B011600      3304
028 B021600         0
028 B031600         0
028 B041600       229
028 C011600      1668
028 C021600       358
<PAGE>      PAGE  53
028 C031600         0
028 C041600       210
028 D011600      5185
028 D021600         0
028 D031600         0
028 D041600       235
028 E011600      2663
028 E021600         0
028 E031600         0
028 E041600       460
028 F011600      2368
028 F021600         0
028 F031600         0
028 F041600       366
028 G011600     17276
028 G021600       358
028 G031600         0
028 G041600      1666
028 H001600       286
029  001600 Y
030 A001600      1
030 B001600  4.50
030 C001600  0.00
031 A001600      1
031 B001600      0
032  001600      0
033  001600      1
037  001600 N
038  001600      0
039  001600 N
040  001600 Y
041  001600 Y
042 A001600   0
042 B001600   0
042 C001600   0
042 D001600 100
042 E001600   0
042 F001600   0
042 G001600   0
042 H001600   0
043  001600      3
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
<PAGE>      PAGE  54
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
071 A001600     22207
071 B001600      7806
071 C001600     45912
071 D001600   17
072 A001600  6
072 B001600      147
072 C001600       39
072 D001600        0
072 E001600        0
072 F001600      176
072 G001600       30
072 H001600        0
072 I001600       14
072 J001600        7
072 K001600        0
072 L001600        2
072 M001600        1
072 N001600        6
072 O001600        0
072 P001600        0
072 Q001600        0
072 R001600        1
072 S001600        1
072 T001600        3
072 U001600        3
072 V001600        0
072 W001600        1
072 X001600      245
072 Y001600       25
072 Z001600      -34
072AA001600      736
072BB001600        0
072CC011600     3912
072CC021600        0
072DD011600       45
072DD021600        0
072EE001600     1267
073 A011600   0.0000
073 A021600   0.0000
073 B001600   0.3500
073 C001600   0.0000
074 A001600      291
<PAGE>      PAGE  55
074 B001600     5020
074 C001600        0
074 D001600        0
074 E001600      222
074 F001600    56684
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<PAGE>      PAGE  56
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<PAGE>      PAGE  57
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<PAGE>      PAGE  58
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<PAGE>      PAGE  59
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<PAGE>      PAGE  61
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<PAGE>      PAGE  63
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<PAGE>      PAGE  64
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<PAGE>      PAGE  65
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<PAGE>      PAGE  66
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<PAGE>      PAGE  67
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<PAGE>      PAGE  68
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<PAGE>      PAGE  69
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<PAGE>      PAGE  70
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<PAGE>      PAGE  71
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<PAGE>      PAGE  72
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<PAGE>      PAGE  73
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008 A002301 FIRST BANK NATIONAL ASSOCIATION
008 B002301 A
008 C002301 801-0000
008 D012301 MINNEAPOLIS
008 D022301 MN
008 D032301 55480
024  002300 Y
025 A002301 MERRILL LYNCH
025 B002301 13-5674085
025 C002301 D
025 D002301    1093
028 A012300         0
028 A022300         0
028 A032300         0
028 A042300         0
028 B012300         0
<PAGE>      PAGE  74
028 B022300         0
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028 G012300      9525
028 G022300         2
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028 H002300       244
029  002300 Y
030 A002300      0
030 B002300  4.50
030 C002300  0.00
031 A002300      0
031 B002300      0
032  002300      0
033  002300      0
034  002300 N
035  002300      0
036 B002300      0
037  002300 N
038  002300      0
039  002300 N
040  002300 Y
041  002300 N
042 A002300   0
042 B002300   0
042 C002300   0
042 D002300   0
042 E002300   0
042 F002300   0
042 G002300   0
042 H002300   0
043  002300      0
044  002300      0
045  002300 Y
<PAGE>      PAGE  75
046  002300 N
047  002300 Y
048  002300  0.700
048 A012300        0
048 A022300 0.000
048 B012300        0
048 B022300 0.000
048 C012300        0
048 C022300 0.000
048 D012300        0
048 D022300 0.000
048 E012300        0
048 E022300 0.000
048 F012300        0
048 F022300 0.000
048 G012300        0
048 G022300 0.000
048 H012300        0
048 H022300 0.000
048 I012300        0
048 I022300 0.000
048 J012300        0
048 J022300 0.000
048 K012300        0
048 K022300 0.000
055 A002300 N
055 B002300 N
056  002300 N
057  002300 N
058 A002300 N
059  002300 Y
060 A002300 N
060 B002300 N
061  002300     1000
062 A002300 N
062 B002300   0.0
062 C002300   0.0
062 D002300   0.0
062 E002300   0.0
062 F002300   0.0
062 G002300   0.0
062 H002300   0.0
062 I002300   0.0
062 J002300   0.0
062 K002300   0.0
062 L002300   0.0
062 M002300   0.0
062 N002300   0.0
062 O002300   0.0
062 P002300   0.0
062 Q002300   0.0
<PAGE>      PAGE  76
062 R002300   0.0
066 A002300 Y
066 B002300 N
066 C002300 Y
066 D002300 N
066 E002300 N
066 F002300 N
066 G002300 N
067  002300 N
068 A002300 N
068 B002300 N
069  002300 N
070 A012300 Y
070 A022300 Y
070 B012300 Y
070 B022300 N
070 C012300 Y
070 C022300 N
070 D012300 Y
070 D022300 N
070 E012300 N
070 E022300 N
070 F012300 N
070 F022300 N
070 G012300 N
070 G022300 N
070 H012300 N
070 H022300 N
070 I012300 N
070 I022300 N
070 J012300 Y
070 J022300 N
070 K012300 Y
070 K022300 N
070 L012300 Y
070 L022300 Y
070 M012300 N
070 M022300 N
070 N012300 Y
070 N022300 N
070 O012300 N
070 O022300 N
070 P012300 Y
070 P022300 N
070 Q012300 N
070 Q022300 N
070 R012300 N
070 R022300 N
071 A002300      8236
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<PAGE>      PAGE  77
071 D002300    0
072 A002300  3
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072 C002300        6
072 D002300        0
072 E002300        0
072 F002300        8
072 G002300        8
072 H002300        0
072 I002300        5
072 J002300        0
072 K002300        0
072 L002300        0
072 M002300        0
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072 U002300        3
072 V002300        0
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072 Y002300       15
072 Z002300        8
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072BB002300        0
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072DD012300        9
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072EE002300        0
073 A012300   0.0000
073 A022300   0.0000
073 B002300   0.0000
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074 D002300        0
074 E002300        0
074 F002300     8110
074 G002300       18
074 H002300        0
074 I002300        0
074 J002300        0
074 K002300        0
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074 M002300       34
<PAGE>      PAGE  78
074 N002300     9530
074 O002300      168
074 P002300        0
074 Q002300        0
074 R012300        0
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074 R032300        0
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074 S002300        0
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074 U012300      913
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074 V012300     0.00
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SIGNATURE   STEPHEN G MEYER                              
TITLE       CONTROLLER          
 


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<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS
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   <NUMBER> 011
   <NAME> INTERMEDIATE GOVERNMENT BOND FUND RETAIL CLASS A
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<TABLE> <S> <C>

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<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS
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   <NUMBER> 012
   <NAME> INTERMEDIATE GOVERNMENT BOND FUND INSTITUTIONAL CLASS C
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<TABLE> <S> <C>

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<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS
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   <NAME> INTERMEDIATE TAX FREE FUND RETAIL CLASS A
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS
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   <NAME> INTERMEDIATE TAX FREE FUND INSTITUTIONAL CLASS C
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS
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   <NAME> FIXED INCOME FUND RETAIL CLASS A
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS
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   <NAME> FIXED INCOME FUND INSTITUTIONAL CLASS
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS
<SERIES>
   <NUMBER> 033
   <NAME> FIXED INCOME FUND RETAIL CLASS B
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<PERIOD-END>                               MAR-31-1996
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<DISTRIBUTIONS-OF-INCOME>                          280
<DISTRIBUTIONS-OF-GAINS>                           104
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<NUMBER-OF-SHARES-SOLD>                            787
<NUMBER-OF-SHARES-REDEEMED>                        123
<SHARES-REINVESTED>                                 31
<NET-CHANGE-IN-ASSETS>                           85864
<ACCUMULATED-NII-PRIOR>                            134
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<AVERAGE-NET-ASSETS>                            342195 
<PER-SHARE-NAV-BEGIN>                            10.94
<PER-SHARE-NII>                                    .26
<PER-SHARE-GAIN-APPREC>                          (.04)
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<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.79
<EXPENSE-RATIO>                                   1.70
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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> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<PERIOD-START>                             OCT-01-1995
<PERIOD-END>                               MAR-31-1996
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<PER-SHARE-NII>                                    .20
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<RETURNS-OF-CAPITAL>                                 0
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<EXPENSE-RATIO>                                   1.05
<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> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<EXPENSE-RATIO>                                    .80
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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> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<NET-ASSETS>                                    444312
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<EXPENSE-RATIO>                                   1.80
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS
<SERIES>
   <NUMBER> 051
   <NAME> SPECIAL EQUITY FUND RETAIL CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
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<AVERAGE-NET-ASSETS>                            212166 
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<EXPENSE-RATIO>                                   1.14
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS
<SERIES>
   <NUMBER> 052
   <NAME> SPECIAL EQUITY FUND INSTITUTIONAL CLASS C
<MULTIPLIER> 1,000
       
<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS
<SERIES>
   <NUMBER> 053
   <NAME> SPECIAL EQUITY FUND RETAIL CLASS B
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<EXPENSE-RATIO>                                   1.89
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC
<SERIES>
   <NUMBER> 061
   <NAME> EQUITY INDEX FUND RETIAL CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<PERIOD-START>                             OCT-01-1995
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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
<MULTIPLIER> 1,000
       
<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS, INC
<SERIES>
   <NUMBER> 063
   <NAME> EQUITY INDEX FUND RETAIL CLASS B
<MULTIPLIER> 1,000
       
<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS
<SERIES>
   <NUMBER> 071
   <NAME> REGIONAL EQUITY FUND RETAIL CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS
<SERIES>
   <NUMBER> 072
   <NAME> REGIONAL EQUITY FUND INSTITUTIONAL CLASS C
<MULTIPLIER> 1,000
       
<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS
<SERIES>
   <NUMBER> 073
   <NAME> REGIONAL EQUITY FUND RETAIL CLASS B
<MULTIPLIER> 1,000
       
<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 FUND RETAIL CLASS A
<MULTIPLIER> 1,000
       
<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 FUND INSTITUTIONAL CLASS
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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 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
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<NAME> FIRST AMERICAN INVESTMENT FUNDS INC
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</TABLE>

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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> BALANCED FUND INSTITUTIONAL CLASS 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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</TABLE>

<TABLE> <S> <C>

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<NAME> FIRST AMERICAN INVESTMENT FUNDS
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</TABLE>

<TABLE> <S> <C>

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<NAME> FIRST AMERICAN INVESTMENT FUNDS
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<NAME> FIRST AMERICAN INVESTMENT FUNDS
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<NAME> FIRST AMERICAN INVESTMENT FUNDS
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS
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   <NUMBER> 161
   <NAME> EMERGING GROWTH FUND RETAIL CLASS A
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS
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   <NUMBER> 162
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS
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   <NUMBER> 163
   <NAME> EMERGING GROWTH FUND RETAIL CLASS B
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS
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   <NUMBER> 171
   <NAME> INTERNATIONAL FUND CLASS A
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</TABLE>

<TABLE> <S> <C>

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<NAME> FIRST AMERICAN INVESTMENT FUNDS
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   <NUMBER> 172
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS
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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> LIMITED VOLATILITY STOCK FUND
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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> 191
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS INC
<SERIES>
   <NUMBER> 192
   <NAME> LIMITED TAX FREE INCOME FUND INSTITUTIONAL CLASS C
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<S>                             <C>
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</TABLE>

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<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS
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   <NUMBER> 201
   <NAME> EQUITY INCOME 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
<SERIES>
   <NUMBER> 202
   <NAME> EQUITY INCOME 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
<SERIES>
   <NUMBER> 203
   <NAME> EQUITY INCOME FUND RETAIL CLASS B
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS
<SERIES>
   <NUMBER> 211
   <NAME> DIVERSIFIED GROWTH FUND RETAIL CLASS A
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS
<SERIES>
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   <NAME> DIVERSIFIED GROWTH FUND INSTITUTIONAL CLASS C
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS
<SERIES>
   <NUMBER> 213
   <NAME> DIVERSIFIED GROWTH FUND RETAIL CLASS B
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS INC
<SERIES>
   <NUMBER> 221
   <NAME> REAL ESTATE SECURITIES FUND RETAIL CLASS A
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS INC
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   <NUMBER> 222
   <NAME> REAL ESTATE SECURITIES FUND INSTITUTIONAL CLASS
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS INC
<SERIES>
   <NUMBER> 223
   <NAME> REAL ESTATE SECURITIES FUND RETAIL CLASS B
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS INC
<SERIES>
   <NUMBER> 231
   <NAME> HEALTH SCIENCE 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> 232
   <NAME> HEALTH SCIENCE FUND INSTITUTIONAL CLASS C
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS INC
<SERIES>
   <NUMBER> 233
   <NAME> HEALTH SCIENCES FUND RETAIL CLASS B
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</TABLE>


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