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SUPPLEMENT DATED SEPTEMBER 20, 1996
TO PROSPECTUS DATED MARCH 29, 1996, OF
DEFINED ASSET FUNDSSM
EQUITY INCOME FUND
INDEX SERIES
S&P 500 TRUST 2
S&P MIDCAP TRUST
- --------------------------------------------------------------------------------
The first paragraph under 'How To Buy Units--Public Offering Price' on page
4 of Part B of this prospectus is amended to read as follows:
The Public Offering Price is based on the next evaluation of the Securities
and includes a sales charge based on the amount purchased on the same day by a
single purchaser. The concession to dealers is 65% of the effective sales
charge.
SALES CHARGE
--------------------------
AS PERCENT
OF AS PERCENT
PUBLIC OF
OFFERING NET AMOUNT
AMOUNTS PURCHASED PRICE INVESTED
- ------------------------ ----------- -----------
Less than $25,000....... 2.25% 2.302%
$25,000-$49,999......... 2.00 2.041
$50,000-$74,999......... 1.75 1.781
$75,000-$99,999......... 1.50 1.523
$100,000-$249,999....... 1.25 1.266
$250,000-$999,999....... 1.00 1.010
$1,000,000-$4,999,999... 0.75 0.756
$5,000,000 or more...... 0.50 0.503
The minimum purchase of one or more Trusts on any day is $250.
14124-3/96
