Franklin Templeton Group
777 Mariners Island Boulevard
San Mateo, California 94404
November 5, 1996
Filed Via EDGAR (CIK #0000083297)
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549-1004
Re: FRANKLIN EQUITY FUND
FILE NOS. 2-10103 and 811-334
Ladies/Gentlemen:
Pursuant to Rule 497(j) under the Securities Act of 1933, this is to certify
that the form of Prospectus and Statement of Additional Information that would
have been filed under Rule 497(c) does not differ from that contained in
Post-Effective Amendment No. 84 to the Registration Statement on Form N-1A,
which was filed electronically with the Securities and Exchange Commission on
October 30, 1996.
Sincerely,
FRANKLIN EQUITY FUND
By /s/ Larry L. Greene
Senior Corporate Counsel
LLG:ld
