WITTER DEAN CAPITAL GROWTH SECURITIES
497, 1996-04-23
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                                             Filed Pursuant to Rule 497(e)
                                            Registration File No. 33-32519




                       SUPPLEMENT TO THE PROSPECTUS OF
                    DEAN WITTER CAPITAL GROWTH SECURITIES

                            DATED FEBRUARY 1, 1996

   The last two sentences in the first paragraph under the subsection
entitled "Portfolio Management" under the section of the Prospectus entitled
"INVESTMENT OBJECTIVE AND POLICIES" are hereby replaced by the following:

        The Fund is managed within InterCapital's Growth and Income Group,
    which manages 20 funds and fund portfolios with approximately $20.3
    billion in assets at March 31, 1996. Peter Hermann, Vice President of
    InterCapital and a member of the Growth and Income Group, has been the
    primary portfolio manager of the Fund since April, 1996. Prior to joining
    InterCapital in March, 1994, Mr. Hermann was a portfolio manager at The
    Bank of New York.

April 17, 1996




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