ALGER AMERICAN FUND
NSAR-A, 1996-08-27
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<PAGE>      PAGE  1
000 A000000 06/30/96
000 C000000 0000832566
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 ALGER AMERICAN FUND
001 B000000 811-5550
001 C000000 2128068800
002 A000000 75 MAIDEN LANE
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10038
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  6
007 C010100  1
007 C010200  2
007 C020200 ALGER AMERICAN INCOME & GROWTH PORTFOLIO
007 C030200 N
007 C010300  3
007 C020300 ALGER AMERICAN SMALL CAPITALIZATION PORTFOLIO
007 C030300 N
007 C010400  4
007 C020400 ALGER AMERICAN GROWTH PORTFOLIO
007 C030400 N
007 C010500  5
007 C020500 ALGER AMERICAN BALANCED PORTFOLIO
007 C030500 N
007 C010600  6
007 C020600 ALGER AMERICAN MIDCAP GROWTH
007 C030600 N
007 C010700  7
007 C020700 ALGER AMERICAN LEVERAGED ALLCAP PORTFOLIO
007 C030700 N
007 C010800  8
007 C010900  9
007 C011000 10
020 A000001 FRED ALGER & CO., INCORPORATED
020 B000001 13-2665689
020 C000001   1633
020 A000002 INSTINET CORP
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<PAGE>      PAGE  2
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022 C000002   2874374
022 D000002    224483
022 A000003 MORGAN STANLEY
022 B000003 13-2655998
022 C000003     86191
022 D000003     68771
022 A000004 LEHMAN BROTHERS
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022 C000004     80277
022 D000004     54901
022 A000005 WESSELS ARNOLD
022 B000005 41-1554568
022 C000005     40852
022 D000005     52234
022 A000006 GOLDMAN SACHS
022 B000006 13-5108880
022 C000006     51977
022 D000006     38653
022 A000007 ALEX BROWN & SONS, INC.
022 B000007 52-1319768
022 C000007     65431
022 D000007     23671
022 A000008 SMITH BARNEY HARRIS UPHAM & CO
022 B000008 13-1912900
022 C000008     51886
022 D000008     31355
022 A000009 PRUDENTIAL BACHE SEC INC
022 B000009 22-2347336
022 C000009     41600
022 D000009     20048
022 A000010 UBS SECURITIES INC.
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<PAGE>      PAGE  3
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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066 C000700 N
066 D000700 N
066 E000700 N
066 F000700 N
066 G000700 N
067  000700 N
068 A000700 N
068 B000700 N
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<PAGE>      PAGE  19
071 C000700     12059
071 D000700   64
072 A000700  6
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072 F000700       54
072 G000700        0
072 H000700        0
072 I000700        1
072 J000700       13
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072 L000700        0
072 M000700        2
072 N000700        0
072 O000700        0
072 P000700        0
072 Q000700        0
072 R000700        4
072 S000700        0
072 T000700        0
072 U000700        0
072 V000700        0
072 W000700        4
072 X000700       78
072 Y000700        0
072 Z000700      -22
072AA000700      981
072BB000700      844
072CC010700      863
072CC020700        0
072DD010700        0
072DD020700        0
072EE000700      145
073 A010700   0.0000
073 A020700   0.0000
073 B000700   0.1750
073 C000700   0.0000
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074 B000700      706
074 C000700     2946
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074 E000700        0
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074 H000700        0
074 I000700        0
074 J000700      437
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<PAGE>      PAGE  20
074 M000700        0
074 N000700    23271
074 O000700     1418
074 P000700       14
074 Q000700        0
074 R010700        0
074 R020700        0
074 R030700        0
074 R040700      165
074 S000700        0
074 T000700    21674
074 U010700     1125
074 U020700        0
074 V010700    19.26
074 V020700     0.00
074 W000700   0.0000
074 X000700       15
074 Y000700        0
075 A000700        0
075 B000700    12736
076  000700     0.00
SIGNATURE   GREGORY S. DUCH                              
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 2
   <NAME> ALGER AMERICAN INCOME & GROWTH PORTFOLIO
<MULTIPLIER> 1
       
<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 3
   <NAME> ALGER AMERICAN SMALL CAPITALIZATION PORTFOLIO
<MULTIPLIER> 1
       
<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 4
   <NAME> ALGER AMERICAN GROWTH PORTFOLIO
<MULTIPLIER> 1
       
<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 5
   <NAME> ALGER AMERICAN BALANCED PORTFOLIO
<MULTIPLIER> 1
       
<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 6
   <NAME> ALGER AMERICAN MIDCAP GROWTH PORTFOLIO
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<SHARES-COMMON-PRIOR>                          9533195
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 7
   <NAME> ALGER AMERICAN LEVERAGED ALLCAP PORTFOLIO
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
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</TABLE>


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