<PAGE> PAGE 1
000 A000000 12/31/96
000 C000000 088047
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 SCUDDER CASH INVESTMENT TRUST
001 B000000 811-2613
001 C000000 6172952567
002 A000000 TWO INTERNATIONAL PLACE
002 B000000 BOSTON
002 C000000 MA
002 D010000 02110
002 D020000 4103
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
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 A000001 SCUDDER,STEVENS AND CLARK, INC.
008 B000001 A
008 C000001 801-252
008 D010001 BOSTON
008 D020001 MA
008 D030001 02110
011 A000001 SCUDDER INVESTOR SERVICES,INC.
011 B000001 8-298
011 C010001 BOSTON
011 C020001 MA
011 C030001 02110
012 A000001 SCUDDER SERVICE CORPORATION
012 B000001 84-1489
012 C010001 BOSTON
012 C020001 MA
012 C030001 02110
013 A000001 COOPERS AND LYBRAND L.L.P.
013 B010001 BOSTON
<PAGE> PAGE 2
013 B020001 MA
013 B030001 02109
014 A000001 SCUDDER INVESTOR SERVICES, INC.
014 B000001 8-298
015 A000001 STATE STREET BANK AND TRUST COMPANY
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02110
015 E010001 X
018 000000 Y
019 A000000 Y
019 B000000 40
019 C000000 SCUDDERRRR
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 WILLIAMS CAPITAL
022 C000001 437799
022 D000001 24948
022 A000002 GOLDMAN, SACHS & CO.
022 C000002 410192
022 D000002 22893
022 A000003 ASSOCIATES CORP OF NORTH AMERICA
022 C000003 205185
022 D000003 0
022 A000004 PRUDENTIAL FUNDING
022 C000004 174989
022 D000004 0
022 A000005 CHEVRION OIL FINANCE CO.
022 C000005 169871
022 D000005 0
022 A000006 THE FIRST BOSTON CORPORATION
022 C000006 163432
022 D000006 0
022 A000007 GENERAL ELECTRIC CREDIT CORP.
022 C000007 153933
022 D000007 0
022 A000008 FIRST CHICAGO CAP MKTS
022 C000008 146047
022 D000008 0
022 A000009 MESEROW
022 C000009 136559
<PAGE> PAGE 3
022 D000009 0
022 A000010 MORGAN STANLEY
022 C000010 136483
022 D000010 0
023 C000000 9902883
023 D000000 72742
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
028 A010000 211130
028 A020000 5160
028 A030000 0
028 A040000 149870
028 B010000 119837
028 B020000 5221
028 B030000 0
028 B040000 146533
028 C010000 133550
028 C020000 4994
028 C030000 0
028 C040000 145500
028 D010000 132613
028 D020000 5096
028 D030000 0
028 D040000 141994
028 E010000 151923
028 E020000 4952
028 E030000 0
028 E040000 134792
028 F010000 204907
028 F020000 5163
028 F030000 0
028 F040000 191597
028 G010000 953960
028 G020000 30586
<PAGE> PAGE 4
028 G030000 0
028 G040000 910286
028 H000000 0
029 000000 N
030 A000000 0
030 B000000 0.00
030 C000000 0.00
031 A000000 0
031 B000000 0
032 000000 0
033 000000 0
034 000000 N
035 000000 0
036 B000000 0
037 000000 N
038 000000 0
039 000000 N
040 000000 N
041 000000 N
042 A000000 0
042 B000000 0
042 C000000 0
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 0
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.000
048 A010000 250000
048 A020000 0.500
048 B010000 250000
048 B020000 0.450
048 C010000 500000
048 C020000 0.400
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
<PAGE> PAGE 5
048 J010000 0
048 J020000 0.000
048 K010000 1000000
048 K020000 0.350
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 N
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
054 O000000 Y
055 A000000 N
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 1000
062 A000000 Y
062 B000000 0.0
062 C000000 13.0
062 D000000 1.7
062 E000000 0.0
062 F000000 1.0
062 G000000 0.0
062 H000000 0.0
062 I000000 68.5
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 15.8
062 R000000 0.0
<PAGE> PAGE 6
063 A000000 50
063 B000000 0.0
064 A000000 N
064 B000000 N
066 A000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 Y
070 B010000 N
070 B020000 N
070 C010000 N
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 N
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 0
071 B000000 0
071 C000000 0
071 D000000 0
072 A000000 6
072 B000000 39093
<PAGE> PAGE 7
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 2955
072 G000000 0
072 H000000 0
072 I000000 2680
072 J000000 122
072 K000000 0
072 L000000 179
072 M000000 18
072 N000000 44
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 21
072 S000000 24
072 T000000 0
072 U000000 0
072 V000000 0
072 W000000 7
072 X000000 6050
072 Y000000 0
072 Z000000 33043
072AA000000 0
072BB000000 0
072CC010000 932
072CC020000 0
072DD010000 0
072DD020000 0
072EE000000 0
073 A010000 0.0232
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 2395
074 B000000 23861
074 C000000 1416691
074 D000000 0
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 29312
074 K000000 0
074 L000000 7264
074 M000000 24
074 N000000 1479547
074 O000000 15474
074 P000000 0
<PAGE> PAGE 8
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 1515
074 S000000 0
074 T000000 1462558
074 U010000 1462617
074 U020000 0
074 V010000 1.00
074 V020000 0.00
074 W000000 1.0000
074 X000000 81979
074 Y000000 0
075 A000000 1424871
075 B000000 0
076 000000 0.00
077 A000000 Y
077 B000000 N
077 C000000 N
077 D000000 Y
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 Y
078 000000 N
080 A000000 ICI MUTUAL INSURANCE CO.
080 B000000 GULF INSURANCE CO.
080 C000000 60000
081 A000000 Y
081 B000000 70
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
<PAGE> PAGE 9
SIGNATURE THOMAS F. MCDONOUGH
TITLE SECRETARY
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
information extracted from the Scudder Cash
Investment Trust Semiannual Report for the period
ended December 31, 1996 and is qualified in its
entirety by reference to such financial
statements.
</LEGEND>
<SERIES>
<NUMBER> 2
<NAME> SCUDDER CASH INVESTMENT TRUST
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-1996
<PERIOD-START> JUL-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 1,440,857,184
<INVESTMENTS-AT-VALUE> 1,440,552,140
<RECEIVABLES> 36,575,956
<ASSETS-OTHER> 2,418,530
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,479,546,626
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 16,988,889
<TOTAL-LIABILITIES> 16,988,889
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,462,862,781
<SHARES-COMMON-STOCK> 1,462,616,982
<SHARES-COMMON-PRIOR> 1,388,356,869
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (305,044)
<NET-ASSETS> 1,462,557,737
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 39,093,332
<OTHER-INCOME> 0
<EXPENSES-NET> (6,049,914)
<NET-INVESTMENT-INCOME> 33,043,418
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 931,768
<NET-CHANGE-FROM-OPS> 33,975,186
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (33,043,418)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 953,959,673
<NUMBER-OF-SHARES-REDEEMED> (910,286,088)
<SHARES-REINVESTED> 30,586,507
<NET-CHANGE-IN-ASSETS> 75,191,860
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,955,275
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 6,049,914
<AVERAGE-NET-ASSETS> 1,424,871,249
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> .023
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.023)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> .84
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
