GRIFFIN FUNDS INC
NSAR-B, 1995-11-29
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<PAGE>      PAGE  1
000 B000000 09/30/95
000 C000000 0000910424
000 D000000 N
000 E000000 NF
000 F000000 Y
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000 I000000 3.0
000 J000000 U
001 A000000 THE GRIFFIN FUNDS INC.
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002 A000000 5000 RIVERGRADE ROAD
002 B000000 IRWINDALE
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003  000000 N
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007 A000000 Y
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007 C010100  1
007 C020100 MONEY MARKET FUND
007 C030100 N
007 C010200  2
007 C020200 TAX-FREE MONEY MARKET FUND
007 C030200 N
007 C010300  3
007 C020300 U.S. GOVERNMENT INCOME FUND
007 C030300 N
007 C010400  4
007 C020400 CALIFORNIA TAX-FREE FUND
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007 C010500  5
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007 C010600  6
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007 C010700  7
007 C020700 GROWTH & INCOME FUND
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007 C010800  8
007 C020800 SHORT-TERM BOND FUND
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007 C010900  9
007 C020900 GROWTH FUND
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007 C011000 10
010 A00AA01 GRIFFIN FINANCIAL ADMINISTRATORS
<PAGE>      PAGE  2
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<PAGE>      PAGE  3
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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008 C000201 801-44570
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008 D020201 CA
008 D030201 91706
008 A000202 PAYDEN & RYGEL INVESTMENT COUNSEL
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  16
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<PAGE>      PAGE  18
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<PAGE>      PAGE  19
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<PAGE>      PAGE  20
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<PAGE>      PAGE  21
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<PAGE>      PAGE  38
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070 I020800 N
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070 K020800 N
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<PAGE>      PAGE  39
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<PAGE>      PAGE  41
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<PAGE>      PAGE  45
SIGNATURE   KEN DOUANGSITTHI                             
TITLE       ACCOUNTANT          
 


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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000910424
<NAME> THE GRIFFIN FUNDS INC.
<SERIES>
   <NUMBER> 042
   <NAME> CALIFORNIA TAX-FREE FUND B
<MULTIPLIER> 1
<CURRENCY> U.S. DOLLAR
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          SEP-30-1995
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000910424
<NAME> THE GRIFFIN FUNDS INC.
<SERIES>
   <NUMBER> 051
   <NAME> MUNICIPAL BOND FUND
<MULTIPLIER> 1
<CURRENCY> US DOLLAR
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          SEP-30-1995
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000910424
<NAME> THE GRIFFIN FUNDS INC.
<SERIES>
   <NUMBER> 052
   <NAME> MUNICIPAL BOND FUND B
<MULTIPLIER> 1
<CURRENCY> U.S. DOLLAR
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          SEP-30-1995
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000910424
<NAME> THE GRIFFIN FUNDS INC.
<SERIES>
   <NUMBER> 062
   <NAME> BOND FUND B
<MULTIPLIER> 1
<CURRENCY> U.S. DOLLAR
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          SEP-30-1995
<PERIOD-START>                             OCT-01-1994
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000910424
<NAME> THE GRIFFIN FUNDS INC.
<SERIES>
   <NUMBER> 071
   <NAME> GROWTH & INCOME FUND
<MULTIPLIER> 1
<CURRENCY> US DOLLAR
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          SEP-30-1995
<PERIOD-START>                             OCT-01-1994
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000910424
<NAME> THE GRIFFIN FUNDS INC.
<SERIES>
   <NUMBER> 072
   <NAME> GROWTH & INCOME FUND B
<MULTIPLIER> 1
<CURRENCY> U.S. DOLLAR
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          SEP-30-1995
<PERIOD-START>                             OCT-01-1994
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000910424
<NAME> THE GRIFFIN FUNDS INC.
<SERIES>
   <NUMBER> 081
   <NAME> SHORT-TERM BOND FUND
<MULTIPLIER> 1
<CURRENCY> US DOLLAR
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          SEP-30-1995
<PERIOD-START>                             OCT-01-1994
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000910424
<NAME> THE GRIFFIN FUNDS INC.
<SERIES>
   <NUMBER> 082
   <NAME> SHORT-TERM BOND FUND B
<MULTIPLIER> 1
<CURRENCY> U.S. DOLLAR
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          SEP-30-1995
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<TABLE> <S> <C>

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<TABLE> <S> <C>

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</TABLE>

<TABLE> <S> <C>

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</TABLE>


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