DOMINI SOCIAL EQUITY FUND
NSAR-B, 1996-10-23
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SIGNATURE   JOHN R. ELDER                                
TITLE       TREASURER           
 

<TABLE> <S> <C>


<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the July
31, 1996 Domini Social Equity Fund Annual Report and is qualified in its
entirety to such report.
</LEGEND>
<CIK> 0000851680
<NAME> DOMINI SOCIAL EQUITY FUND
       
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</TABLE>

The Board of Trustees
Domini Social Equity Fund:

     In planning and  performing  our audit of the  financial  statements of the
Domini Social Equity Fund,  for the year ended July 31, 1996, we considered  its
internal control structure, including procedures for safeguarding securities, in
order to determine our auditing  procedures  for the purpose of  expressing  our
opinion on the financial  statements and to comply with the requirements of Form
N-SAR, not to provide assurance on the internal control structure.

     The  management  of the  Domini  Social  Equity  Fund  is  responsible  for
establishing and maintaining an internal control  structure.  In fulfilling this
responsibility, estimates and judgments by management are required to assess the
expected  benefit and related costs of internal control  structure  policies and
procedures.  Two of the  objectives  of an  internal  control  structure  are to
provide management with reasonable, but not absolute,  assurance that assets are
safeguarded   against  loss  from  unauthorized  use  or  disposition  and  that
transactions  are executed in accordance  with  management's  authorization  and
recorded  properly to permit  preparation of financial  statements in conformity
with generally accepted accounting principles.

Because of inherent  limitations in any internal  control  structure,  errors or
irregularities may occur and not be detected. Also, projection of any evaluation
of the  structure  to future  periods is subject to the risks that it may become
inadequate  because of changes in  conditions or that the  effectiveness  of the
design and operation may deteriorate.

Our  consideration  of the  internal  control  structure  would not  necessarily
disclose all matters in the internal  control  structure  that might be material
weaknesses  under standards  established by the American  Institute of Certified
Public  Accountants.  A material  weakness is a condition in which the design or
operation of the specific internal control structure elements does not reduce to
a relatively  low level the risk that errors or  irregularities  in amounts that
would be  material in relation to the  financial  statements  being  audited may
occur and not be  detected  within a timely  period by  employees  in the normal
course of performing  their  assigned  functions.  However,  we noted no matters
involving the internal control structure,  including procedures for safeguarding
securities,  that we consider to be material  weaknesses  as defined above as of
July 31, 1996.

This report is intended solely for the information and use of management and the
Securities and Exchange Commission.


/s/KPMG PEAT MARWICK LLP
KPMG PEAT MARWICK LLP


September 23, 1996




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