AETNA SERIES FUND INC
497, 1996-09-16
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[AETNA              151 Farmington Avenue           Maria R. L. Stewart
LOGO]               Hartford, CT  06156             Contracts & Prospectus, REAV
                                                    (860) 273-6286
                                                    Fax: (860) 273-3004

September 16, 1996

Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C.  20549


RE:  Aetna Series Fund, Inc.
     File Nos. 33-41694 and 811-6352

Dear Sir or Madam:

Submitted for filing, pursuant to Rule 497(e) under the Securities Act of 1933,
is a copy of an attachment to the Aetna Series Fund, Inc. Prospectus and
Statement of Additional Information.

The attachment gives notice that the Plan of Reorganization and Liquidation of
Aetna Asian Growth Fund has been approved by shareholders on September 13, 1996.

If you have any questions regarding this submission, please contact the
undersigned at (860) 273-6286.


Sincerely,

/s/ Maria R. L. Stewart
Maria R. L. Stewart

<PAGE>



                             AETNA SERIES FUND, INC.


On September 13, 1996, the shareholders of the Aetna Asian Growth Fund approved
the Plan of Reorganization and Liquidation providing for the transfer of the
assets of the Aetna Asian Growth Fund to the Aetna International Growth Fund.
Therefore, the Aetna Asian Growth Fund is no longer offered.


Form No. XASF                                         Dated: September 16, 1996




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