<PAGE> PAGE 1
000 A000000 05/31/96
000 C000000 0000889508
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 ALLIANCE PREMIER GROWTH FUND
001 B000000 811-6730
001 C000000 2013194104
002 A000000 500 PLAZA DRIVE
002 B000000 SECAUCUS
002 C000000 NJ
002 D010000 07094
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 ALLIANCE CAPITAL MANAGEMENT L.P.
008 B000001 A
008 C000001 801-32361
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10105
010 A000001 ALLIANCE CAPITAL MANAGEMENT L.P.
010 B000001 801-32361
010 C010001 NEW YORK
010 C020001 NY
010 C030001 10105
011 A000001 ALLIANCE FUND DISTRIBUTORS, INC.
011 B000001 8-30851
011 C010001 SECAUCUS
011 C020001 NJ
011 C030001 07094
012 A000001 ALLIANCE FUND SERVICES, INC.
012 B000001 84-001187
012 C010001 SECAUCUS
<PAGE> PAGE 2
012 C020001 NJ
012 C030001 07094
013 A000001 PRICE WATERHOUSE LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10036
013 B040001 2798
014 A000001 DONALDSON LUFKIN & JENRETTE SECURITIES CORP.
014 B000001 8-00017574
014 A000002 PERSHING
014 B000002 8-00017574
014 A000003 AUTRONET
014 B000003 8-00017574
015 A000001 STATE STREET BANK AND TRUST CO.
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02110
015 E010001 X
018 000000 Y
019 A000000 Y
019 B000000 49
019 C000000 ALLIANCECA
020 A000001 MORGAN STANLEY & CO., INC.
020 B000001 13-2655998
020 C000001 62
020 A000002 SMITH BARNEY
020 B000002 13-1912900
020 C000002 42
020 A000003 MERRILL LYNCH PIERCE FENNER & SMITH
020 B000003 13-5674085
020 C000003 40
020 A000004 LEHMAN BROTHERS INC.
020 B000004 13-2518466
020 C000004 39
020 A000005 PAINE WEBBER
020 B000005 13-2638166
020 C000005 34
020 A000006 MORGAN (J.P.) & CO.
020 B000006 13-3224016
020 C000006 32
020 A000007 SALOMON BROTHERS
020 B000007 13-3082694
020 C000007 29
020 A000008 CJ LAWRENCE
020 C000008 27
020 A000009 NATWEST SECURITIES CORP.
020 C000009 24
020 A000010 GOLDMAN SACHS
020 B000010 13-5108880
020 C000010 24
<PAGE> PAGE 3
021 000000 547
022 A000001 PRUDENTIAL FUNDING CORP.
022 B000001 22-2231168
022 C000001 726832
022 D000001 0
022 A000002 GENERAL ELECTRIC CAPITAL CORP.
022 B000002 13-5409205
022 C000002 714217
022 D000002 0
022 A000003 FORD MOTOR CREDIT CORP.
022 B000003 38-1612444
022 C000003 193693
022 D000003 0
022 A000004 AMERICAN EXPRESS CREDIT CORP.
022 B000004 11-1988350
022 C000004 18915
022 D000004 0
022 A000005 MORGAN STANLEY & CO., INC.
022 B000005 13-2655998
022 C000005 10750
022 D000005 7821
022 A000006 GOLDMAN SACHS & CO.
022 B000006 13-5108880
022 C000006 13606
022 D000006 4109
022 A000007 LEHMAN BROTHERS
022 B000007 13-2518466
022 C000007 10293
022 D000007 5339
022 A000008 SALOMON BROTHERS
022 B000008 13-3082694
022 C000008 5015
022 D000008 8729
022 A000009 CS FIRST BOSTON CORP.
022 B000009 13-5659485
022 C000009 6364
022 D000009 3517
022 A000010 MERRILL LYNCH PIERCE FENNER & SMITH
022 B000010 13-5674085
022 C000010 4870
022 D000010 2739
023 C000000 1717402
023 D000000 39821
024 000000 Y
025 A000001 MERRILL LYNCH PIERCE FENNER & SMITH
025 B000001 13-5674085
025 C000001 E
025 D000001 18059
025 A000002 MORGAN STANLEY & CO., INC.
025 B000002 13-2655998
025 C000002 E
<PAGE> PAGE 4
025 D000002 6945
025 A000003 DELETE
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
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<PAGE> PAGE 5
031 A000000 2
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<PAGE> PAGE 6
051 000000 N
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
074 R020000 0
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080 A000000 ICI MUTUAL INSURANCE COMPANY
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<PAGE> PAGE 10
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SIGNATURE CATHY WHITE
TITLE ASST. VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000889508
<NAME> ALLIANCE PREMIER GROWTH FUND
<SERIES>
<NUMBER> 001
<NAME> ALLIANCE PREMIER GROWTH FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 423,075,195
<INVESTMENTS-AT-VALUE> 505,900,011
<RECEIVABLES> 12,678,360
<ASSETS-OTHER> 91,083
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 518,669,454
<PAYABLE-FOR-SECURITIES> 5,727,061
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,121,136
<TOTAL-LIABILITIES> 6,848,197
<SENIOR-EQUITY> 32,419
<PAID-IN-CAPITAL-COMMON> 398,715,949
<SHARES-COMMON-STOCK> 8,798,627
<SHARES-COMMON-PRIOR> 4,497,552
<ACCUMULATED-NII-CURRENT> (1,867,012)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 32,115,085
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 82,824,816
<NET-ASSETS> 511,821,257
<DIVIDEND-INCOME> 2,145,222
<INTEREST-INCOME> 364,680
<OTHER-INCOME> 0
<EXPENSES-NET> 4,376,914
<NET-INVESTMENT-INCOME> (1,867,012)
<REALIZED-GAINS-CURRENT> 32,403,494
<APPREC-INCREASE-CURRENT> 22,281,631
<NET-CHANGE-FROM-OPS> 52,818,113
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (5,922,043)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,000,962
<NUMBER-OF-SHARES-REDEEMED> (1,355,393)
<SHARES-REINVESTED> 382,395
<NET-CHANGE-IN-ASSETS> 180,688,340
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 27,258,020
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,045,413
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,376,914
<AVERAGE-NET-ASSETS> 101,447,753
<PER-SHARE-NAV-BEGIN> 16.09
<PER-SHARE-NII> (0.03)
<PER-SHARE-GAIN-APPREC> 1.26
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (1.27)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 16.05
<EXPENSE-RATIO> 1.63
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000889508
<NAME> ALLIANCE PREMIER GROWTH FUND
<SERIES>
<NUMBER> 002
<NAME> ALLIANCE PREMIER GROWTH FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 423,075,195
<INVESTMENTS-AT-VALUE> 505,900,011
<RECEIVABLES> 12,678,360
<ASSETS-OTHER> 91,083
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 518,669,454
<PAYABLE-FOR-SECURITIES> 5,727,061
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,121,136
<TOTAL-LIABILITIES> 6,848,197
<SENIOR-EQUITY> 32,419
<PAID-IN-CAPITAL-COMMON> 398,715,949
<SHARES-COMMON-STOCK> 20,999,277
<SHARES-COMMON-PRIOR> 15,060,319
<ACCUMULATED-NII-CURRENT> (1,867,012)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 32,115,085
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 82,824,816
<NET-ASSETS> 511,821,257
<DIVIDEND-INCOME> 2,145,222
<INTEREST-INCOME> 364,680
<OTHER-INCOME> 0
<EXPENSES-NET> 4,376,914
<NET-INVESTMENT-INCOME> (1,867,012)
<REALIZED-GAINS-CURRENT> 32,403,494
<APPREC-INCREASE-CURRENT> 22,281,631
<NET-CHANGE-FROM-OPS> 52,818,113
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (19,714,783)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6,800,881
<NUMBER-OF-SHARES-REDEEMED> (1,592,786)
<SHARES-REINVESTED> 1,010,144
<NET-CHANGE-IN-ASSETS> 180,688,340
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 27,258,020
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,045,413
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,376,914
<AVERAGE-NET-ASSETS> 277,585,313
<PER-SHARE-NAV-BEGIN> 15.81
<PER-SHARE-NII> (0.08)
<PER-SHARE-GAIN-APPREC> 1.23
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (1.27)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 15.69
<EXPENSE-RATIO> 2.31
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000889508
<NAME> ALLIANCE PREMIER GROWTH FUND
<SERIES>
<NUMBER> 003
<NAME> ALLIANCE PREMIER GROWTH FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 423,075,195
<INVESTMENTS-AT-VALUE> 505,900,011
<RECEIVABLES> 12,678,360
<ASSETS-OTHER> 91,083
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 518,669,454
<PAYABLE-FOR-SECURITIES> 5,727,061
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,121,136
<TOTAL-LIABILITIES> 6,848,197
<SENIOR-EQUITY> 32,419
<PAID-IN-CAPITAL-COMMON> 398,715,949
<SHARES-COMMON-STOCK> 2,621,428
<SHARES-COMMON-PRIOR> 1,306,812
<ACCUMULATED-NII-CURRENT> (1,867,012)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 32,115,085
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 82,824,816
<NET-ASSETS> 511,821,257
<DIVIDEND-INCOME> 2,145,222
<INTEREST-INCOME> 364,680
<OTHER-INCOME> 0
<EXPENSES-NET> 4,376,914
<NET-INVESTMENT-INCOME> (1,867,012)
<REALIZED-GAINS-CURRENT> 32,403,494
<APPREC-INCREASE-CURRENT> 22,281,631
<NET-CHANGE-FROM-OPS> 52,818,113
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (1,909,603)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,756,932
<NUMBER-OF-SHARES-REDEEMED> (516,232)
<SHARES-REINVESTED> 73,916
<NET-CHANGE-IN-ASSETS> 180,688,340
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 27,258,020
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,045,413
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,376,914
<AVERAGE-NET-ASSETS> 30,049,470
<PER-SHARE-NAV-BEGIN> 15.82
<PER-SHARE-NII> (0.08)
<PER-SHARE-GAIN-APPREC> 1.24
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (1.27)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 15.71
<EXPENSE-RATIO> 2.30
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
[DESCRIPTION]Report of 10f-3 Transactions
Securities Purchases in Underwritings Involving
Transactions with Donaldson, Lufkin, & Jenrette Securities Co
Subject to Rule 10f-3 Under the Investment Company Act of 1940
ALLIANCE PREMIER GROWTH FUND
<TABLE>
10f-3 TRANSACTIONS FOR THE PERIOD DEC 1, 1995 THROUGH FEB 28, 1996
<CAPTION>
Total
Shares Shares % of Issue Shares
Date Shares % of Fund Price per Purchased by Issued Purchased Held
Security Purchased Purchased Assets Share Fund Group (000) By Group Broker(s) 02/29/95
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
NONE
</TABLE>
<TABLE>
10f-3 TRANSACTIONS FOR THE PERIOD MAR 1, 1996 THROUGH MAY 31, 1996
<CAPTION>
Total
Date Shares % of Fund Price per Purchased by Issued Purchased Held
Security Purchased Purchased Assets Share Fund Group (000) By Group Broker(s) 05/31/96
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Associates First Capital 05/07/96 16,100 0.10% $29.00 81,000 67,000 0.12%Goldman Sachs 0
</TABLE>
1-Purchase may not exceed 3% of Fund's Total Assets.
2-Purchases by all Alliance Funds may not exceed the greater of (i) 4% of
the principal amount of the offering or (ii) $500,000 in principal amount,
but in no event may exeed 10% of the principal amount of the offering.
