AETNA INVESTMENT ADVISERS FUND INC
497J, 1999-05-04
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[Aetna letterhead]                 Aetna Inc.
[Aetna logo]                       151 Farmington Avenue
                                   Hartford, CT  06156-3124


                                   Ellen Valvo
                                   Paralegal
                                   Law Division, SH11
May 4, 1999                        Investments & Financial Services
                                   (860) 275-2166
                                   Fax:  (860) 275-2158

U.S. Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549

Re:    Aetna Balanced VP, Inc.
       File Nos. 33-27247 and 811-5773
       Rule 497(j) Filing


Dear Sir or Madam:

Pursuant to Rule 497(j) under the Securities Act of 1933 (the "1933 Act"), this
is to certify that the Prospectus and the Statement of Additional Information
contained in Post-Effective Amendment No. 17 of Aetna Balanced VP, Inc. (the
"Fund") that would be filed pursuant to Rule 497(c) under the 1933 Act would not
have differed from that contained in Post-Effective Amendment No. 17 to the
Fund's Registration Statement on Form N-1A, effective May 3, 1999.

If you have any questions regarding this submission, please contact the
undersigned at (860) 275-2166.

Sincerely,

/s/ Ellen Valvo

Ellen Valvo





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