BEA INVESTMENT FUNDS INC
NSAR-B, 1996-02-28
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<PAGE>      PAGE  1
000 B000000 12/31/95
000 C000000 0000833044
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 BEA INVESTMENT FUNDS, INC.
001 B000000 811-5568
001 C000000 6175578732
002 A000000 73 TREMONT STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02108
002 D020000 3913
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  1
007 C010100  1
007 C010200  2
007 C020200 INSTITUTIONAL GOVERNMENT FUND
007 C030200 Y
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 BEA ASSOCIATES
008 B00AA01 A
008 C00AA01 801-0
008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10022
010 A00AA01 THE CHASE MANHATTAN BANK, N.A.
010 B00AA01 84-0000000
010 C01AA01 BOSTON
010 C02AA01 MA
010 C03AA01 02108
010 C04AA01 3913
011 A00AA01 DELETE
012 A00AA01 THE CHASE MANHATTAN BANK, N.A.
012 B00AA01 84-0000000
012 C01AA01 BOSTON
<PAGE>      PAGE  2
012 C02AA01 MA
012 C03AA01 02108
012 C04AA01 3913
013 A00AA01 PRICE WATERHOUSE LLP
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10036
015 A00AA01 THE CHASE MANHATTAN BANK, N.A.
015 B00AA01 C
015 C01AA01 NEW YORK
015 C02AA01 NY
015 C03AA01 10003
015 C04AA01 9598
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
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019 C00AA00 BEA ASSOCA
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022 A000001 LEHMAN BROTHERS, INC.
022 B000001 94-2537674
022 C000001   2609164
022 D000001   1295377
022 A000002 PAINE WEBBER, INC.
022 B000002 13-2638166
022 C000002    985774
022 D000002    259889
022 A000003 FIRST NATIONAL BANK OF CHICAGO
022 B000003 36-0899825
022 C000003    530129
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022 A000004 HSBC SECURITIES
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022 A000005 MERRILL LYNCH AND CO., INC.
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022 D000005    166963
022 A000006 GOLDMAN SACHS
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022 C000006    269148
<PAGE>      PAGE  3
022 D000006    283951
022 A000007 SANWA BANK CALIFORNIA
022 B000007 94-1752619
022 C000007    517428
022 D000007         0
022 A000008 LUMMIS & CO.
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022 A000009 GARVIN GUY BUTLER CORP.
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<PAGE>      PAGE  4
054 G00AA00 Y
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054 L00AA00 N
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080 A00AA00 COMMERCIAL INSURANCE RESOURCES, INC.
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<PAGE>      PAGE  5
084 A00AA00 N
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
070 D010200 N
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070 E010200 N
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070 F010200 N
070 F020200 N
070 G010200 N
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070 H010200 N
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070 I010200 N
070 I020200 N
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070 J020200 N
070 K010200 N
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070 L010200 N
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
075 B000200    21175
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SIGNATURE   HARVEY M. ROSEN                              
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000833044
<NAME> BEA INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 2
   <NAME> INSTITUTIONAL GOVERNMENT FUND
<MULTIPLIER> 1,000
       
<S>                             <C>
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</TABLE>


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