DREYFUS ASSET ALLOCATION FUND INC
NSAR-B, 1996-06-26
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<PAGE>      PAGE  1
000 B000000 04/30/96
000 C000000 0000904818
000 D000000 N
000 E000000 NF
000 F000000 Y
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001 A000000 DREYFUS ASSET ALLOCATION FUND, INC.
001 B000000 811-7710
001 C000000 2129226788
002 A000000 200 PARK AVENUE
002 B000000 NEW YORK
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002 D010000 10166
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  3
007 C010100  1
007 C020100 DREYFUS TOTAL RETURN PORTFOLIO
007 C030100 N
007 C010200  2
007 C020200 DREYFUS INCOME PORTFOLIO
007 C030200 N
007 C010300  3
007 C020300 DREYFUS GROWTH PORTFOLIO
007 C030300 N
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
018  00AA00 Y
019 A00AA00 Y
019 B00AA00  159
019 C00AA00 DREYFUSFAM
020 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
020 B000001 13-5674085
020 C000001    242
020 A000002 SALOMON BROTHERS INC.
020 B000002 13-3082694
020 C000002    178
020 A000003 HAMBRECHT & QUIST INCORPORATED
020 B000003 94-2856935
020 C000003     14
<PAGE>      PAGE  2
020 A000004 AUTRANET, INC.
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020 C000004     11
020 A000005 J.P. MORGAN SECURITIES INC.
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020 A000006 DUNLEVY & CO., INC.
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020 A000007 GOLDMAN, SACHS & CO.
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020 A000008 LEHMAN BROTHERS INC.
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020 A000010 WEEDEN & CO. L.P.
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022 A000001 MERRIL LYNCH, PIERCE, FENNER & SMITH INC.
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022 A000002 G.X. CLARKE & CO.
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022 A000003 SALOMON BROTHERS INC.
022 B000003 13-3082694
022 C000003      7114
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022 A000004 CITICORP SECURITIES INC.
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022 A000005 J.P. MORGAN SECURITIES INC.
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022 B000008 13-2655998
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022 A000009 EASTBRIDGE CAPITAL INC.
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080 B00AA00 VIGILANT INSURANCE COMPANY
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SIGNATURE   JOHN J. PYBURN                               
TITLE       ASSISTANT TREASURER 
 


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<NAME> DREYFUS ASSET ALLOCATION FUND, INC.
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