BHIRUD FUNDS INC
24F-2NT, 2000-09-21
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 24F-2
                        Annual Notice of Securities Sold
                             Pursuant to Rule 24f-2

1.   Name and address of issuer:

     Bhirud Funds Inc.
     1266 E Main Street
     Stamford, CT 06902

2.   The name of each series or class of securities for which this Form is filed
     (if the Form is being filed for all series and classes of securities of the
     Issuer, check the box but do not list series or classes):

     Apex Mid Cap Growth Fund

3.   Investment Company Act File Number: 811-6680

     Securities Act File Number:  33-48013

4(a).     Last day of fiscal year for which this Form is filed:       July 31,
2000

4(b).     Check box if this Form if being filled late (i.e. more than 90
     calendar days after the end of the issuer's fiscal year). (See Instruction
     A.2)

     NIL

     Note: if the Form is being filed late, interest must be paid on the
registration fee due.

4(c).     Check box if this is the last time the issuer will be filing this
Form.

     NIL

5.   Calculation of registration fee:


     (i)  Aggregate sale price of securities sold               $133,932
          during the fiscal year pursuant to section
          24(f):

     (ii) Aggregate price of securities redeemed or   $448,918
          repurchased during the fiscal year:

    (iii) Aggregate price of securities redeemed or   0
          repurchased during any prior fiscal year
          ending no earlier than October 11,1995
          that were not previously used to reduce
          registration fees payable to the
          Commission.

     (iv) Total available redemption credits (add     $448,918
         items 5(ii) and  5(iii)):

     (v)  Net sales -- if Item 5(i) is greater than             $0
          item 5(iv) [Subtract item 5(iv) from item
          5(i)]:

     (vi) Redemption credits available for use in     $314,986
          future years if Item 5(i) is less than
          Item 5(iv) [subtract Item 5(iv) from Item
          5(i)]

    (vii) Multiplier for determining registration     X0.000264
          fee (See Instruction C.9):

   (viii) Registration fee due [multiply Item            $0
          5(v) by Item 5(vii)] (enter "0" if no fee
          is due)

6.   Prepaid Shares:      -NIL

If the response to Item 5(i) was determined by deducting an amount of securities
that were registered under the Securities Act of 1933 pursuant to rule 24e-2 as
in effect before October 11, 1997, then report the amount of securities (number
of shares or other units) deducted here: _______  If there is a number of shares
or other units that were registered pursuant to rule 24f-2 remaining unsold at
the end of the fiscal year for which this form is filed that are available for
use by the issuer in future fiscal years, then state that number here: ______

7.   Interest due  -- if this Form is being filed more than 90 days after the
end of the issuer's fiscal year (see instruction D):
               $ 0.0

8.   Total of the amount of the registration fee due plus any interest due [line
5(viii) plus line 7]

               $0.00

9    Date the registration fee and any interest payment was sent to the
Commission's lockbox depository:
          -NA-

Method of Delivery:

____ WireTransfer

____ Mail or other means

     SIGNATURES

This report has been signed below by the following persons on behalf of the
issuer and in the capacities and on the dates indicated.

By (Signature and Title)  : Harish L. Bhirud - Dirctor & Vice-prisident
                                          Bhirud Funds Inc.

Date:   September 21, 2000
 * Please print the name and title of the signing officer below the signature.



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