<PAGE> PAGE 1
000 A000000 09/30/96
000 C000000 0000863209
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 INVESTORS CASH TRUST
001 B000000 811-6103
001 C000000 3125377000
002 A000000 222 SOUTH RIVERSIDE PLAZA
002 B000000 CHICAGO
002 C000000 IL
002 D010000 60606
002 D020000 5808
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 2
007 C010100 1
007 C020100 GOVERNMENT SECURITIES PORTFOLIO
007 C030100 N
007 C010200 2
007 C020200 TREASURY PORTFOLIO
007 C030200 N
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 ZURICH KEMPER INVESTMENTS, INC.
008 B00AA01 A
008 C00AA01 801-6634
008 D01AA01 CHICAGO
008 D02AA01 IL
008 D03AA01 60606
008 D04AA01 5808
010 A00AA01 KEMPER DISTRIBUTORS, INC.
010 B00AA01 8-47765
010 C01AA01 CHICAGO
010 C02AA01 IL
010 C03AA01 60606
010 C04AA01 5808
011 A00AA01 KEMPER DISTRIBUTORS, INC.
<PAGE> PAGE 2
011 B00AA01 8-47765
011 C01AA01 CHICAGO
011 C02AA01 IL
011 C03AA01 60606
011 C04AA01 5808
012 A00AA01 KEMPER SERVICE COMPANY
012 B00AA01 84-1713
012 C01AA01 KANSAS CITY
012 C02AA01 MO
012 C03AA01 64105
013 A00AA01 ERNST & YOUNG LLP
013 B01AA01 CHICAGO
013 B02AA01 IL
013 B03AA01 60606
014 A00AA01 KEMPER DISTRIBUTORS, INC.
014 B00AA01 8-47765
014 A00AA02 GRUNTAL SECURITIES, INC.
014 B00AA02 8-31022
014 A00AA03 THE GMS GROUP, INC.
014 B00AA03 8-23936
015 A00AA01 INVESTORS FIDUCIARY TRUST COMPANY
015 B00AA01 C
015 C01AA01 KANSAS CITY
015 C02AA01 MO
015 C03AA01 64105
015 E01AA01 X
015 A00AA02 STATE STREET BANK AND TRUST COMPANY
015 B00AA02 S
015 C01AA02 BOSTON
015 C02AA02 MA
015 C03AA02 02110
015 E01AA02 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 55
019 C00AA00 KEMPERFNDS
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 CS FIRST BOSTON CORPORATION
022 B000001 13-5659485
022 C000001 515762
022 D000001 501549
<PAGE> PAGE 3
022 A000002 GOLDMAN, SACHS & CO.
022 B000002 13-5108880
022 C000002 461800
022 D000002 466244
022 A000003 BEAR, STEARNS & CO. INC.
022 B000003 13-3299429
022 C000003 433455
022 D000003 432905
022 A000004 MORGAN STANLEY & CO. INCORPORATED
022 B000004 13-2655998
022 C000004 398619
022 D000004 403696
022 A000005 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
022 B000005 13-5674085
022 C000005 763996
022 D000005 32484
022 A000006 NOMURA SECURITIES INTERNATIONAL, INC.
022 B000006 13-2642206
022 C000006 354090
022 D000006 335519
022 A000007 LEHMAN BROTHERS INC.
022 B000007 13-2518466
022 C000007 234145
022 D000007 228272
022 A000008 CHASE MANHATTAN BANK
022 B000008 13-3112953
022 C000008 215800
022 D000008 217671
022 A000009 J.P. MORGAN SECURITIES INC.
022 B000009 13-3224016
022 C000009 188899
022 D000009 178119
022 A000010 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
022 B000010 13-2741729
022 C000010 180900
022 D000010 164148
023 C000000 4064568
023 D000000 3285149
024 00AA00 N
025 D00AA01 0
025 D00AA02 0
025 D00AA03 0
025 D00AA04 0
025 D00AA05 0
025 D00AA06 0
025 D00AA07 0
025 D00AA08 0
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 Y
<PAGE> PAGE 4
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
029 00AA00 N
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
031 A00AA00 0
031 B00AA00 0
032 00AA00 0
033 00AA00 0
034 00AA00 N
035 00AA00 0
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 N
041 00AA00 N
042 A00AA00 0
042 B00AA00 0
042 C00AA00 0
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 0
044 00AA00 0
045 00AA00 Y
046 00AA00 N
047 00AA00 Y
048 00AA00 0.150
048 A01AA00 0
048 A02AA00 0.000
048 B01AA00 0
048 B02AA00 0.000
048 C01AA00 0
048 C02AA00 0.000
048 D01AA00 0
048 D02AA00 0.000
048 E01AA00 0
048 E02AA00 0.000
048 F01AA00 0
048 F02AA00 0.000
048 G01AA00 0
048 G02AA00 0.000
048 H01AA00 0
<PAGE> PAGE 5
048 H02AA00 0.000
048 I01AA00 0
048 I02AA00 0.000
048 J01AA00 0
048 J02AA00 0.000
048 K01AA00 0
048 K02AA00 0.000
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
055 A00AA00 Y
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 1000000
066 A00AA00 N
067 00AA00 N
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
070 A01AA00 Y
070 A02AA00 Y
070 B01AA00 N
070 B02AA00 N
070 C01AA00 N
070 C02AA00 N
070 D01AA00 N
070 D02AA00 N
<PAGE> PAGE 6
070 E01AA00 N
070 E02AA00 N
070 F01AA00 N
070 F02AA00 N
070 G01AA00 N
070 G02AA00 N
070 H01AA00 N
070 H02AA00 N
070 I01AA00 N
070 I02AA00 N
070 J01AA00 N
070 J02AA00 N
070 K01AA00 N
070 K02AA00 N
070 L01AA00 N
070 L02AA00 N
070 M01AA00 N
070 M02AA00 N
070 N01AA00 N
070 N02AA00 N
070 O01AA00 Y
070 O02AA00 N
070 P01AA00 N
070 P02AA00 N
070 Q01AA00 N
070 Q02AA00 N
070 R01AA00 N
070 R02AA00 N
077 A000000 N
078 000000 N
080 C00AA00 0
081 B00AA00 0
082 B00AA00 0
083 B00AA00 0
084 B00AA00 0
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
028 A010100 31510
028 A020100 994
028 A030100 0
028 A040100 34643
<PAGE> PAGE 7
028 B010100 30958
028 B020100 956
028 B030100 0
028 B040100 31853
028 C010100 28703
028 C020100 1022
028 C030100 0
028 C040100 35703
028 D010100 47161
028 D020100 858
028 D030100 0
028 D040100 39707
028 E010100 40892
028 E020100 942
028 E030100 0
028 E040100 39962
028 F010100 48481
028 F020100 991
028 F030100 0
028 F040100 41172
028 G010100 227705
028 G020100 5763
028 G030100 0
028 G040100 223040
028 H000100 0
062 A000100 Y
062 B000100 0.2
062 C000100 23.9
062 D000100 74.7
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
063 A000100 13
063 B000100 0.0
064 A000100 N
064 B000100 N
071 A000100 0
071 B000100 0
071 C000100 0
071 D000100 0
<PAGE> PAGE 8
072 A000100 6
072 B000100 6172
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 173
072 G000100 114
072 H000100 0
072 I000100 0
072 J000100 16
072 K000100 0
072 L000100 5
072 M000100 6
072 N000100 30
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 10
072 S000100 3
072 T000100 0
072 U000100 0
072 V000100 0
072 W000100 2
072 X000100 359
072 Y000100 74
072 Z000100 5887
072AA000100 0
072BB000100 0
072CC010100 0
072CC020100 0
072DD010100 5887
072DD020100 0
072EE000100 0
073 A010100 0.0258
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 3272
074 B000100 180200
074 C000100 58215
074 D000100 0
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 0
074 K000100 0
074 L000100 606
074 M000100 0
074 N000100 242293
<PAGE> PAGE 9
074 O000100 0
074 P000100 37
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 884
074 S000100 0
074 T000100 241372
074 U010100 241372
074 U020100 0
074 V010100 1.00
074 V020100 0.00
074 W000100 1.0003
074 X000100 384
074 Y000100 0
075 A000100 227788
075 B000100 0
076 000100 0.00
028 A010200 3140
028 A020200 449
028 A030200 0
028 A040200 11408
028 B010200 8727
028 B020200 416
028 B030200 0
028 B040200 9756
028 C010200 5905
028 C020200 419
028 C030200 0
028 C040200 5217
028 D010200 4475
028 D020200 360
028 D030200 0
028 D040200 11158
028 E010200 11124
028 E020200 377
028 E030200 0
028 E040200 10746
028 F010200 5787
028 F020200 401
028 F030200 0
028 F040200 9076
028 G010200 39158
028 G020200 2422
028 G030200 0
028 G040200 57361
028 H000200 0
062 A000200 Y
062 B000200 17.5
062 C000200 0.0
<PAGE> PAGE 10
062 D000200 80.6
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
063 A000200 43
063 B000200 0.0
064 A000200 N
064 B000200 N
071 A000200 0
071 B000200 0
071 C000200 0
071 D000200 0
072 A000200 6
072 B000200 2428
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 70
072 G000200 46
072 H000200 0
072 I000200 0
072 J000200 6
072 K000200 0
072 L000200 3
072 M000200 3
072 N000200 29
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 4
072 S000200 2
072 T000200 0
072 U000200 0
072 V000200 0
072 W000200 3
072 X000200 166
072 Y000200 51
072 Z000200 2313
072AA000200 0
072BB000200 0
<PAGE> PAGE 11
072CC010200 0
072CC020200 0
072DD010200 2313
072DD020200 0
072EE000200 0
073 A010200 0.0252
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 1874
074 B000200 69100
074 C000200 15045
074 D000200 0
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 0
074 K000200 0
074 L000200 126
074 M000200 0
074 N000200 86145
074 O000200 0
074 P000200 10
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 340
074 S000200 0
074 T000200 85795
074 U010200 85795
074 U020200 0
074 V010200 1.00
074 V020200 0.00
074 W000200 1.0000
074 X000200 79
074 Y000200 0
075 A000200 91710
075 B000200 0
076 000200 0.00
SIGNATURE JEROME L. DUFFY
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
1996 SEMIANNUAL REPORT TO SHAREHOLDERS AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000863209
<NAME> INVESTORS CASH TRUST
<SERIES>
<NUMBER> 01
<NAME> GOVERNMENT SECURITIES PORTFOLIO
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-1997
<PERIOD-START> APR-01-1996
<PERIOD-END> SEP-30-1996
<INVESTMENTS-AT-COST> 238,415
<INVESTMENTS-AT-VALUE> 238,415
<RECEIVABLES> 606
<ASSETS-OTHER> 3,272
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 242,293
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 921
<TOTAL-LIABILITIES> 921
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 241,372
<SHARES-COMMON-STOCK> 241,372
<SHARES-COMMON-PRIOR> 230,944
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 241,372
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 6,172
<OTHER-INCOME> 0
<EXPENSES-NET> (285)
<NET-INVESTMENT-INCOME> 5,887
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 5,887
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (5,887)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 227,705
<NUMBER-OF-SHARES-REDEEMED> (223,040)
<SHARES-REINVESTED> 5,763
<NET-CHANGE-IN-ASSETS> 10,428
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 173
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 359
<AVERAGE-NET-ASSETS> 227,788
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .03
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.03)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .31
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
1996 SEMIANNUAL REPORT TO SHAREHOLDERS AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000863209
<NAME> INVESTORS CASH TRUST
<SERIES>
<NUMBER> 02
<NAME> TREASURY PORTFOLIO
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-1997
<PERIOD-START> APR-01-1996
<PERIOD-END> SEP-30-1996
<INVESTMENTS-AT-COST> 84,145
<INVESTMENTS-AT-VALUE> 84,145
<RECEIVABLES> 126
<ASSETS-OTHER> 1,874
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 86,145
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 350
<TOTAL-LIABILITIES> 350
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 85,795
<SHARES-COMMON-STOCK> 85,795
<SHARES-COMMON-PRIOR> 101,576
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 85,795
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,428
<OTHER-INCOME> 0
<EXPENSES-NET> (115)
<NET-INVESTMENT-INCOME> 2,313
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 2,313
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,313)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 39,158
<NUMBER-OF-SHARES-REDEEMED> (57,361)
<SHARES-REINVESTED> 2,422
<NET-CHANGE-IN-ASSETS> (15,781)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 70
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 166
<AVERAGE-NET-ASSETS> 91,710
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .03
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.03)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .36
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
