DREYFUS BASIC MUNICIPAL MONEY MARKET FUND INC /MD/
497, 2000-03-21
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                                                                 March 22, 2000


                       DREYFUS BASIC MUNICIPAL FUND, INC.
                 Dreyfus BASIC Municipal Money Market Portfolio
                 Dreyfus BASIC New Jersey Money Market Portfolio
                    Dreyfus BASIC Intermediate Bond Portfolio
                     Dreyfus BASIC Municipal Bond Portfolio

                SUPPLEMENT TO STATEMENT OF ADDITIONAL INFORMATION
                              DATED JANUARY 1, 2000


1. The following information replaces all contrary information contained in the
sections of the Statement of Additional Information ("SAI") entitled
"Description of the Fund", "Management of the Fund" and "Management
Arrangements":

         Effective March 22, 2000, Dreyfus Service Corporation ("DSC") became
the distributor to the Fund. DSC is located at 200 Park Avenue, New York, NY
10166.

2. The following information replaces the information contained in the section
of the Statement of Additional Information ("SAI") entitled "Management of the
Fund - Officers of the Fund":


                  Stephen E. Canter, President
                  Mark N. Jacobs, Vice President
                  Joseph Connolly, Vice President and Treasurer
                  John B. Hammalian, Secretary
                  Steven F. Newman, Assistant, Secretary
                  Michael A. Rosenberg, Assistant Secretary
                  Michael Condon, Assistant Treasurer
                  Gregory Gruber, Assistant Treasurer


         The address of each Fund officer is 200 Park Avenue, New York, NY
10166.





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