<PAGE> PAGE 1
000 A000000 07/31/95
000 C000000 0000854669
000 D000000 N
000 E000000 F
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 IDS MARKET ADVANTAGE SERIES INC.
001 B000000 811-5897
001 C000000 6126712772
002 A000000 IDS TOWER 10
002 B000000 MINNEAPOLIS
002 C000000 MN
002 D010000 55440
002 D020000 0010
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 3
007 C010100 1
007 C020100 IDS BLUE CHIP ADVANTAGE FUND CLASS A
007 C030100 N
007 C010200 2
007 C020200 IDS BLUE CHIP ADVANTAGE FUND CLASS B
007 C030200 N
007 C010300 3
007 C020300 IDS BLUE CHIP ADVANTAGE FUND CLASS Y
007 C030300 N
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 38
019 C00AA00 IDSMUTFDGR
020 A000001 MORGAN STANLEY & COMPANY, INC.
020 B000001 13-2655998
020 C000001 81
020 A000002 PAINEWEBBER INC.
020 B000002 13-2638166
020 C000002 49
020 A000003 BEAR STEARNS & CO.
020 B000003 13-3299429
<PAGE> PAGE 2
020 C000003 9
020 A000004 WEEDEN & CO. LP
020 B000004 13-3364318
020 C000004 8
020 A000005 CS FIRST BOSTON GROUP
020 B000005 13-5659485
020 C000005 3
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 150
022 A000001 MERRILL LYNCH & CO., INC.
022 B000001 13-5674085
022 C000001 25509
022 D000001 3294
022 A000002 NATIONSBANK
022 B000002 75-0520130
022 C000002 16622
022 D000002 3199
022 A000003 GOLDMAN SACHS & CO.
022 B000003 13-5108880
022 C000003 17726
022 D000003 1297
022 A000004 MORGAN STANLEY & COMPANY, INC.
022 B000004 13-2655998
022 C000004 6921
022 D000004 5488
022 A000005 LEHMAN COMMERCIAL PAPER INC.
022 B000005 13-2501865
022 C000005 7966
022 D000005 4289
022 A000006 WHEAT FIRST SECURITY
022 B000006 54-0796506
022 C000006 5173
022 D000006 0
022 A000007 BANKERS TRUST
022 B000007 13-4941247
022 C000007 2389
022 D000007 599
022 A000008 BANK AMERICA
022 B000008 94-1687655
022 C000008 2987
022 D000008 0
022 A000009 CS FIRST BOSTON GROUP
022 B000009 13-5659485
022 C000009 2292
022 D000009 0
022 A000010 MORGAN GUARANTY
022 B000010 13-3224016
<PAGE> PAGE 3
022 C000010 697
022 D000010 599
023 C000000 88909
023 D000000 18765
024 00AA00 Y
025 A00AA01 BANK AMERICA
025 B00AA01 94-1687655
025 C00AA01 E
025 D00AA01 5189
025 A00AA02 FIRST CHICAGO CAPITAL MKTS. INC.
025 B00AA02 36-3595942
025 C00AA02 E
025 D00AA02 3688
025 A00AA03 NATIONSBANK
025 B00AA03 75-0520130
025 C00AA03 E
025 D00AA03 174
025 A00AA04 DEAN WITTER REYNOLDS INC.
025 B00AA04 94-1671384
025 C00AA04 E
025 D00AA04 151
027 000000 Y
028 A01AA00 4226
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
077 K000000 N
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<PAGE> PAGE 9
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SIGNATURE WILLIAM PEARCE
TITLE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 1
<NAME> IDS BLUE CHIP ADVANTAGE FUND CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JAN-31-1995
<PERIOD-END> JUL-31-1995
<INVESTMENTS-AT-COST> 184476550
<INVESTMENTS-AT-VALUE> 210744064
<RECEIVABLES> 260678
<ASSETS-OTHER> 270950
<OTHER-ITEMS-ASSETS> 0
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<EXPENSES-NET> (922196)
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 2
<NAME> IDS BLUE CHIP ADVANTAGE FUND CLASS B
<S> <C>
<PERIOD-TYPE> OTHER
<FISCAL-YEAR-END> JAN-31-1995
<PERIOD-START> MAR-20-1995
<PERIOD-END> JUL-31-1995
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 3
<NAME> IDS BLUE CHIP ADVANTAGE FUND CLASS Y
<S> <C>
<PERIOD-TYPE> OTHER
<FISCAL-YEAR-END> JAN-31-1995
<PERIOD-START> MAR-20-1995
<PERIOD-END> JUL-31-1995
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</TABLE>
