AIM TAX EXEMPT FUNDS INC/NEW
NSAR-A, 1996-11-25
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<PAGE>      PAGE  1
000 A000000 09/30/96
000 C000000 909466
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 AIM TAX-EXEMPT FUNDS, INC.
001 B000000 811-7890
001 C000000 7136261919
002 A000000 11 GREENWAY PLAZA, SUITE 1919
002 B000000 HOUSTON
002 C000000 TX
002 D010000 77046
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  3
007 C010100  1
007 C020100 AIM TAX-FREE INTERMEDIATE SHARES
007 C030100 N
007 C010200  2
007 C020200 AIM TAX-EXEMPT BOND FUND OF CONNECTICUT
007 C030200 N
007 C010300  3
007 C020300 AIM TAX-EXEMPT CASH FUND
007 C030300 N
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 AIM ADVISORS, INC
008 B00AA01 A
008 C00AA01 801-12313
008 D01AA01 HOUSTON
008 D02AA01 TX
008 D03AA01 77046
011 A00AA01 AIM DISTRIBUTORS, INC.
011 B00AA01 8-21323
011 C01AA01 HOUSTON
011 C02AA01 TX
011 C03AA01 77046
012 A00AA01 AIM FUND SERVICES, INC.
012 B00AA01 84-5432
<PAGE>      PAGE  2
012 C01AA01 HOUSTON
012 C02AA01 TX
012 C03AA01 77046
013 A00AA01 KPMG PEAT MARWICK LLP
013 B01AA01 HOUSTON
013 B02AA01 TX
013 B03AA01 77002
015 A00AA01 THE BANK OF NEW YORK
015 B00AA01 C
015 C01AA01 NEW YORK
015 C02AA01 NY
015 C03AA01 10286
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   39
019 C00AA00 AIMFUNDSAA
022 A000001 GOLDMAN, SACHS & CO
022 B000001 13-5108880
022 C000001    265630
022 D000001     12600
022 A000002 DAIWA SECURITIES AMERICA INC.
022 B000002 13-5680329
022 C000002     74831
022 D000002         0
022 A000003 MORGAN STANLEY & CO. INC.
022 B000003 13-2655998
022 C000003      9243
022 D000003      4423
022 A000004 MORGAN (J.P.) SECURITIES, INC.
022 B000004 13-3224016
022 C000004      5918
022 D000004      2200
022 A000005 DILLON, READ & CO. INC.
022 B000005 13-1939216
022 C000005      5529
022 D000005       500
022 A000006 SEATTLE-NORTHWEST SECURITIES
022 B000006 91-1172183
022 C000006      1677
022 D000006      3180
022 A000007 PIPER JAFFRAY INC.
022 B000007 41-0953246
022 C000007      3308
022 D000007       500
022 A000008 SMITH BARNEY, HARRIS UPHAM & CO. INC.
022 B000008 13-1912900
022 C000008      1200
022 D000008      2608
022 A000009 PRUDENTIAL SECURITIES INC.
022 B000009 22-2347336
<PAGE>      PAGE  3
022 C000009      2800
022 D000009         0
022 A000010 BANK OF NEW YORK (THE)
022 B000010 13-5160382
022 C000010      1300
022 D000010      1300
023 C000000     391515
023 D000000      39280
024  00AA00 N
026 A000000 Y
026 B000000 Y
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026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
054 A00AA00 Y
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
077 A000000 N
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028 A010100      2524
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028 A040100      2071
028 B010100      3592
028 B020100       248
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028 B040100      2522
028 C010100      2168
028 C020100       253
028 C030100         0
028 C040100      1273
028 D010100      2967
028 D020100       236
028 D030100         0
<PAGE>      PAGE  4
028 D040100      3328
028 E010100      1315
028 E020100       245
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028 E040100      1295
028 F010100      1833
028 F020100       240
028 F030100         0
028 F040100      3833
028 G010100     14399
028 G020100      1462
028 G030100         0
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028 H000100      5286
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030 B000100  1.00
030 C000100  0.00
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032  000100     32
033  000100      0
034  000100 N
035  000100      0
036 B000100      0
037  000100 N
038  000100      0
039  000100 N
040  000100 N
045  000100 Y
046  000100 N
047  000100 Y
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048 A020100 0.300
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048 H010100        0
048 H020100 0.000
048 I010100        0
048 I020100 0.000
<PAGE>      PAGE  5
048 J010100        0
048 J020100 0.000
048 K010100  1000000
048 K020100 0.200
049  000100 N
050  000100 N
051  000100 N
052  000100 N
053 A000100 N
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055 B000100 N
056  000100 N
057  000100 N
058 A000100 N
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060 A000100 Y
060 B000100 Y
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062 C000100   0.0
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062 I000100   0.0
062 J000100   0.0
062 K000100   0.0
062 L000100   0.0
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062 N000100   0.0
062 O000100  96.1
062 P000100   0.0
062 Q000100   0.0
062 R000100   0.0
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064 A000100 Y
064 B000100 N
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067  000100 N
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068 B000100 N
069  000100 N
070 A010100 Y
070 A020100 N
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
<PAGE>      PAGE  6
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 N
070 L010100 N
070 L020100 N
070 M010100 N
070 M020100 N
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<PAGE>      PAGE  7
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072DD010100     2082
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073 A010100   0.2625
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074 L000100     1775
074 M000100       47
074 N000100    84639
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074 P000100       28
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074 R020100        0
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074 R040100      452
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074 V010100    10.74
074 V020100     0.00
074 W000100   0.0000
074 X000100     1930
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075 A000100        0
<PAGE>      PAGE  8
075 B000100    84578
076  000100     0.00
028 A010200       522
028 A020200       108
028 A030200         0
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028 B010200       247
028 B020200       108
028 B030200         0
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028 C040200      1134
028 D010200       350
028 D020200       104
028 D030200         0
028 D040200      1427
028 E010200       527
028 E020200       104
028 E030200         0
028 E040200       279
028 F010200       557
028 F020200       100
028 F030200         0
028 F040200       662
028 G010200      2460
028 G020200       629
028 G030200         0
028 G040200      4414
028 H000200      2122
029  000200 Y
030 A000200     83
030 B000200  4.75
030 C000200  0.00
031 A000200     15
031 B000200      0
032  000200     68
033  000200      0
034  000200 N
035  000200      0
036 B000200      0
037  000200 N
038  000200      0
039  000200 N
040  000200 Y
041  000200 Y
042 A000200   0
042 B000200   0
042 C000200 100
042 D000200   0
<PAGE>      PAGE  9
042 E000200   0
042 F000200   0
042 G000200   0
042 H000200   0
043  000200     48
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046  000200 N
047  000200 Y
048  000200  0.500
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048 A020200 0.000
048 B010200        0
048 B020200 0.000
048 C010200        0
048 C020200 0.000
048 D010200        0
048 D020200 0.000
048 E010200        0
048 E020200 0.000
048 F010200        0
048 F020200 0.000
048 G010200        0
048 G020200 0.000
048 H010200        0
048 H020200 0.000
048 I010200        0
048 I020200 0.000
048 J010200        0
048 J020200 0.000
048 K010200        0
048 K020200 0.000
049  000200 N
050  000200 N
051  000200 N
052  000200 N
053 A000200 Y
053 B000200 Y
053 C000200 N
055 A000200 N
055 B000200 N
056  000200 N
057  000200 N
058 A000200 N
059  000200 Y
060 A000200 N
060 B000200 N
061  000200      500
062 A000200 Y
062 B000200   0.0
062 C000200   0.0
<PAGE>      PAGE  10
062 D000200   0.0
062 E000200   0.0
062 F000200   0.0
062 G000200   0.0
062 H000200   0.0
062 I000200   0.0
062 J000200   0.0
062 K000200   0.0
062 L000200   0.0
062 M000200   0.0
062 N000200   0.0
062 O000200  98.3
062 P000200   0.0
062 Q000200   0.0
062 R000200   0.0
063 A000200   0
063 B000200 11.9
064 A000200 Y
064 B000200 N
066 A000200 N
067  000200 N
068 A000200 N
068 B000200 N
069  000200 N
070 A010200 Y
070 A020200 N
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 N
070 J020200 N
070 K010200 Y
070 K020200 N
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 Y
<PAGE>      PAGE  11
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 Y
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200      2536
071 B000200      3194
071 C000200     38040
071 D000200    7
072 A000200  6
072 B000200     1140
072 C000200        0
072 D000200        0
072 E000200        0
072 F000200       97
072 G000200        0
072 H000200        0
072 I000200       12
072 J000200        2
072 K000200        0
072 L000200        9
072 M000200        3
072 N000200        4
072 O000200        0
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072 Q000200       24
072 R000200        3
072 S000200        5
072 T000200       48
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072 V000200        0
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072 X000200      210
072 Y000200       76
072 Z000200     1006
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072BB000200       88
072CC010200       41
072CC020200        0
072DD010200      988
072DD020200        0
072EE000200        0
073 A010200   0.2760
073 A020200   0.0000
073 B000200   0.0000
073 C000200   0.0000
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<PAGE>      PAGE  12
074 B000200        0
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074 D000200    37342
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074 J000200        0
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074 L000200      778
074 M000200       16
074 N000200    38136
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074 P000200       32
074 Q000200        0
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074 R030200        0
074 R040200      104
074 S000200        0
074 T000200    38000
074 U010200     3518
074 U020200        0
074 V010200    10.80
074 V020200     0.00
074 W000200   0.0000
074 X000200      940
074 Y000200        0
075 A000200        0
075 B000200    38564
076  000200     0.00
028 A010300      4566
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028 A040300      4459
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028 B020300        71
028 B030300         0
028 B040300      2785
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028 C020300        63
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028 C040300      3996
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028 D040300      2909
028 E010300      3179
028 E020300        69
028 E030300         0
<PAGE>      PAGE  13
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028 F010300      3402
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028 F030300         0
028 F040300      3572
028 G010300     20275
028 G020300       400
028 G030300         0
028 G040300     19873
028 H000300         0
029  000300 N
030 A000300      0
030 B000300  0.00
030 C000300  0.00
034  000300 N
035  000300      0
036 B000300      0
037  000300 N
038  000300      0
039  000300 N
040  000300 Y
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042 B000300   0
042 C000300 100
042 D000300   0
042 E000300   0
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<PAGE>      PAGE  14
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048 I010300        0
048 I020300 0.000
048 J010300        0
048 J020300 0.000
048 K010300        0
048 K020300 0.000
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050  000300 N
051  000300 N
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055 B000300 N
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062 C000300   0.0
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062 E000300  84.2
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064 B000300 N
066 A000300 N
067  000300 N
068 A000300 N
068 B000300 N
069  000300 N
070 A010300 Y
<PAGE>      PAGE  15
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070 C020300 N
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070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 N
070 F020300 N
070 G010300 N
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 N
070 J020300 N
070 K010300 N
070 K020300 N
070 L010300 N
070 L020300 N
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070 M020300 N
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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SIGNATURE   JOHN J. ARTHUR                               
TITLE       SR. V.P. & TREASURER
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information for the AIM Tax-Free
Intermediate Shares of AIM Tax-Exempt Funds, Inc. for the six months ended 
September 30, 1996.
</LEGEND>
<CIK> 0000909466
<NAME> AIM TAX-EXEMPT FUNDS, INC.
<SERIES>
   <NUMBER> 1
   <NAME> AIM TAX-FREE INTERMEDIATE SHARES
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1997
<PERIOD-END>                               SEP-30-1996
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<INVESTMENTS-AT-VALUE>                        81796915
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<ASSETS-OTHER>                                   46754
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<TOTAL-LIABILITIES>                             480210
<SENIOR-EQUITY>                                      0
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<REALIZED-GAINS-CURRENT>                       (29230)
<APPREC-INCREASE-CURRENT>                     (372617)
<NET-CHANGE-FROM-OPS>                          1635084
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (2082125)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
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<ACCUMULATED-GAINS-PRIOR>                    (1111365)
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<PER-SHARE-NII>                                   0.26
<PER-SHARE-GAIN-APPREC>                         (0.05)
<PER-SHARE-DIVIDEND>                            (0.26)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.74
<EXPENSE-RATIO>                                   0.57
<AVG-DEBT-OUTSTANDING>                               0
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information for the AIM Tax-Exempt
Bond Fund of Connecticut of AIM Tax-Exempt Funds, Inc. for the six months 
ended September 30, 1996. 
</LEGEND>
<CIK> 0000909466
<NAME> AIM TAX-EXEMPT FUNDS, INC.
<SERIES>
   <NUMBER> 2
   <NAME> AIM TAX-EXEMPT BOND FUND OF CONNECTICUT
       
<S>                             <C>
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<FISCAL-YEAR-END>                          MAR-31-1997
<PERIOD-END>                               SEP-30-1996
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<INVESTMENTS-AT-VALUE>                        37342163
<RECEIVABLES>                                   777996
<ASSETS-OTHER>                                   15662
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                38135821
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       135541
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<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      36498131
<SHARES-COMMON-STOCK>                          3517533
<SHARES-COMMON-PRIOR>                          3641266
<ACCUMULATED-NII-CURRENT>                        22591
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (229062)
<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                                  38000280
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              1140135
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                (134430)
<NET-INVESTMENT-INCOME>                        1005705
<REALIZED-GAINS-CURRENT>                       (88064)
<APPREC-INCREASE-CURRENT>                        41080
<NET-CHANGE-FROM-OPS>                           958721
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (988191)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         228562
<NUMBER-OF-SHARES-REDEEMED>                   (410683)
<SHARES-REINVESTED>                              58388
<NET-CHANGE-IN-ASSETS>                       (1355161)
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<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 210774
<AVERAGE-NET-ASSETS>                          38532632
<PER-SHARE-NAV-BEGIN>                            10.81
<PER-SHARE-NII>                                   0.28
<PER-SHARE-GAIN-APPREC>                         (0.01)
<PER-SHARE-DIVIDEND>                            (0.28)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.80
<EXPENSE-RATIO>                                   0.70
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information for the AIM Tax-Exempt
Cash Fund of AIM Tax-Exempt Funds, Inc. for the six months 
ended September 30, 1996. 
</LEGEND>
<CIK> 0000909466
<NAME> AIM TAX-EXEMPT FUNDS, INC.
<SERIES>
   <NUMBER> 3
   <NAME> AIM TAX-EXEMPT CASH FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1997
<PERIOD-END>                               SEP-30-1996
<INVESTMENTS-AT-COST>                         30675889
<INVESTMENTS-AT-VALUE>                        30675889
<RECEIVABLES>                                   153138
<ASSETS-OTHER>                                   42628
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                30871655
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        53286
<TOTAL-LIABILITIES>                              53286
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      30823142
<SHARES-COMMON-STOCK>                         30823142 
<SHARES-COMMON-PRIOR>                         30020450
<ACCUMULATED-NII-CURRENT>                        31622
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        (36972)
<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                                  30818369
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                               581541
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                (158821)
<NET-INVESTMENT-INCOME>                         422720
<REALIZED-GAINS-CURRENT>                          1593
<APPREC-INCREASE-CURRENT>                        (164)
<NET-CHANGE-FROM-OPS>                           424149
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (422815)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       20275351
<NUMBER-OF-SHARES-REDEEMED>                 (19872705)
<SHARES-REINVESTED>                             400046
<NET-CHANGE-IN-ASSETS>                          804026
<ACCUMULATED-NII-PRIOR>                          31717
<ACCUMULATED-GAINS-PRIOR>                      (38565)
<OVERDISTRIB-NII-PRIOR>                              0
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<GROSS-ADVISORY-FEES>                            52979
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 181526
<AVERAGE-NET-ASSETS>                          30190772
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                   0.01
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                            (0.01)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                   1.05
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>


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