<PAGE> PAGE 1
000 A000000 12/31/96
000 C000000 0000862157
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008 D02AA01 NY
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<PAGE> PAGE 2
010 A00AA01 BANKERS TRUST COMPANY
010 C01AA01 NEW YORK
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<PAGE> PAGE 3
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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
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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SIGNATURE JAY NEUMAN
TITLE SECRETARY
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<S> <C>
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<SERIES>
<NUMBER> 011
<NAME> BT Institutional Funds
Institutional Daily Assets Fund
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<PERIOD-END> Nov-13-1996
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<ACCUMULATED-NET-GAINS> (2,822)
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<NET-CHANGE-FROM-OPS> 11,774,688
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</TABLE>
