MORGAN STANLEY INSTITUTIONAL FUND INC
NSAR-B, 1998-03-06
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<PAGE>      PAGE  1
000 B000000 12/31/97
000 C000000 0000836487
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001 A000000 MORGAN STANLEY INSTITUTIONAL FUND, INC.
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<PAGE>      PAGE  2
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015 A00AA01 THE CHASE MANHATTAN BANK
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  9
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<PAGE>      PAGE  11
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<PAGE>      PAGE  14
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<PAGE>      PAGE  19
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<PAGE>      PAGE  38
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<PAGE>      PAGE  39
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<PAGE>      PAGE  40
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<PAGE>      PAGE  41
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<PAGE>      PAGE  42
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<PAGE>      PAGE  43
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<PAGE>      PAGE  45
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<PAGE>      PAGE  47
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<PAGE>      PAGE  48
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<PAGE>      PAGE  49
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<PAGE>      PAGE  50
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<PAGE>      PAGE  51
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<PAGE>      PAGE  52
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<PAGE>      PAGE  54
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<PAGE>      PAGE  55
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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  60
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<PAGE>      PAGE  61
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<PAGE>      PAGE  62
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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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008 A001501 MORGAN STANLEY ASSET MANAGEMENT, INC.
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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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<PAGE>      PAGE  74
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<PAGE>      PAGE  75
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<PAGE>      PAGE  76
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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  81
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<PAGE>      PAGE  83
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<PAGE>      PAGE  84
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<PAGE>      PAGE  86
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<PAGE>      PAGE  87
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<PAGE>      PAGE  88
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<PAGE>      PAGE  89
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<PAGE>      PAGE  91
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<PAGE>      PAGE  92
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<PAGE>      PAGE  93
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<PAGE>      PAGE  94
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<PAGE>      PAGE  95
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<PAGE>      PAGE  96
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<PAGE>      PAGE  97
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<PAGE>      PAGE  98
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<PAGE>      PAGE  99
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070 J012200 N
070 J022200 N
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<PAGE>      PAGE  100
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<PAGE>      PAGE  101
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<PAGE>      PAGE  102
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<PAGE>      PAGE  103
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<PAGE>      PAGE  104
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<PAGE>      PAGE  105
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<PAGE>      PAGE  106
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<PAGE>      PAGE  107
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<PAGE>      PAGE  108
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<PAGE>      PAGE  109
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<PAGE>      PAGE  110
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<PAGE>      PAGE  111
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<PAGE>      PAGE  112
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<PAGE>      PAGE  113
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<PAGE>      PAGE  114
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<PAGE>      PAGE  118
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<PAGE>      PAGE  119
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<PAGE>      PAGE  122
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<PAGE>      PAGE  123
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<PAGE>      PAGE  124
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<PAGE>      PAGE  127
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<PAGE>      PAGE  130
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<PAGE>      PAGE  131
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SIGNATURE   JOANNA M. HAIGNEY                            
TITLE       TREASURER           
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

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</TABLE>

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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

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<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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</TABLE>

<TABLE> <S> <C>

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<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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</TABLE>

<TABLE> <S> <C>

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<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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   <NAME> EQUITY GROWTH PORTFOLIO, CLASS A
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</TABLE>

<TABLE> <S> <C>

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<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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   <NAME> EQUITY GROWTH PORTFOLIO, CLASS B
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</TABLE>

<TABLE> <S> <C>

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<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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   <NAME> U.S. EQUITY PLUS PORTFOLIO, CLASS A
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</TABLE>

<TABLE> <S> <C>

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<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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   <NAME> U.S. EQUITY PLUS PORTFOLIO, CLASS B
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</TABLE>

<TABLE> <S> <C>

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<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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</TABLE>

<TABLE> <S> <C>

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<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0000836487
<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
<SERIES>
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   <NAME> EUROPEAN EQUITY PORTFOLIO, CLASS A
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0000836487
<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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   <NAME> EUROPEAN EQUITY PORTFOLIO, CLASS B
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000836487
<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
<SERIES>
   <NUMBER> 071
   <NAME> FIXED INCOME PORTFOLIO, CLASS A
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000836487
<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
<SERIES>
   <NUMBER> 072
   <NAME> FIXED INCOME PORTFOLIO, CLASS B
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000836487
<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
<SERIES>
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   <NAME> GLOBAL EQUITY PORTFOLIO, CLASS A
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000836487
<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
<SERIES>
   <NUMBER> 082
   <NAME> GLOBAL EQUITY PORTFOLIO, CLASS B
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

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<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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   <NAME> GLOBAL FIXED INCOME PORTFOLIO, CLASS A
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

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<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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   <NAME> GLOBAL FIXED INCOME PORTFOLIO, CLASS B
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000836487
<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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   <NUMBER> 191
   <NAME> GOLD PORTFOLIO, CLASS A
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0000836487
<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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   <NAME> GOLD PORTFOLIO, CLASS B
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000836487
<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
<SERIES>
   <NUMBER> 161
   <NAME> HIGH YIELD PORTFOLIO, CLASS A
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000836487
<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
<SERIES>
   <NUMBER> 162
   <NAME> HIGH YIELD PORTFOLIO, CLASS B
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000836487
<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
<SERIES>
   <NUMBER> 151
   <NAME> INTERNATIONAL SMALL CAP PORTFOLIO
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000836487
<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
<SERIES>
   <NUMBER> 041
   <NAME> INTERNATIONAL EQUITY PORTFOLIO, CLASS A
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<S>                             <C>
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

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</TABLE>

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   <NAME> JAPANESE EQUITY PORTFOLIO, CLASS B
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<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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   <NAME> LATIN AMERICAN PORTFOLIO, CLASS A
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</TABLE>

<TABLE> <S> <C>

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<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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   <NAME> LATIN AMERICAN PORTFOLIO, CLASS B
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</TABLE>

<TABLE> <S> <C>

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<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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   <NAME> INTERNATIONAL MAGNUM PORTFOLIO, CLASS A
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0000836487
<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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   <NAME> INTERNATIONAL MAGNUM PORTFOLIO, CLASS B
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</TABLE>

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<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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   <NAME> MUNICIPAL MONEY MARKET PORTFOLIO
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</TABLE>

<TABLE> <S> <C>

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<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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   <NAME> VALUE EQUITY PORTFOLIO, CLASS A
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</TABLE>

<TABLE> <S> <C>

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<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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   <NAME> MONEY MARKET PORTFOLIO
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000836487
<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
<SERIES>
   <NUMBER> 231
   <NAME> MUNICIPAL BOND PORTFOLIO, CLASS A
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0000836487
<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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   <NAME> MUNICIPAL BOND PORTFOLIO, CLASS B
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000836487
<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
<SERIES>
   <NUMBER> 171
   <NAME> SMALL CAP VALUE EQUITY PORTFOLIO, CLASS A
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000836487
<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
<SERIES>
   <NUMBER> 172
   <NAME> SMALL CAP VALUE EQUITY PORTFOLIO, CLASS B
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<S>                             <C>
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000836487
<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
<SERIES>
   <NUMBER> 031
   <NAME> TECHNOLOGY PORTFOLIO, CLASS A
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<S>                             <C>
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<TABLE> <S> <C>

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   <NAME> U.S. REAL ESTATE PORTFOLIO, CLASS B
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</TABLE>

<TABLE> <S> <C>

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   <NAME> ACTIVE COUNTRY ALLOCATION PORTFOLIO, CLASS A
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

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<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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</TABLE>

<TABLE> <S> <C>

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<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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</TABLE>

<TABLE> <S> <C>

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<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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   <NAME> AGGRESSIVE EQUITY PORTFOLIO, CLASS B
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000836487
<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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</TABLE>

<TABLE> <S> <C>

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<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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</TABLE>

<TABLE> <S> <C>

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<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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   <NAME> ASIAN EQUITY PORTFOLIO, CLASS A
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
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<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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   <NUMBER> 122
   <NAME> ASIAN EQUITY PORTFOLIO, CLASS B
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000836487
<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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   <NAME> BALANCED PORTFOLIO, CLASS A
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0000836487
<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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   <NUMBER> 062
   <NAME> BALANCED PORTFOLIO, CLASS B
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000836487
<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
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   <NUMBER> 211
   <NAME> EMERGING MARKETS DEBT PORTFOLIO, CLASS A
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000836487
<NAME> MORGAN STANLEY INSTITUTIONAL FUND, INC.
<SERIES>
   <NUMBER> 211
   <NAME> EMERGING MARKETS DEBT PORTFOLIO, CLASS B
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<S>                             <C>
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