TEMPLETON CAPITAL ACCUMULATOR FUND INC
497J, 2001-01-03
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                             FRANKLIN TEMPLETON GROUP
                             777 Mariners Island Blvd.
                              San Mateo, CA 94404


January 3, 2001

Filed Via EDGAR (CIK #0000869313)
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C.  20549

      RE:  TEMPLETON CAPITAL ACCUMULATOR FUND, INC.
           File Nos. 33-37338 and 811-6198

Ladies/Gentlemen:

Pursuant to Rule 497(j) under the Securities Act of 1933, as amended, this is to
certify that the forms of Prospectuses and Statements of Additional Information
that would have been filed under Rule 497(c) do not differ from those contained
in Post-Effective  Amendment No. 15 to the Registration  Statement on Form N-1A,
which was filed  electronically  with the Securities and Exchange Commission on
December 29, 2000.


Sincerely yours,

TEMPLETON CAPITAL
  ACCUMULATOR FUND, INC.



/s/DAVID P. GOSS

David P. Goss
Counsel






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