DELAFIELD FUND INC
497, 1997-01-29
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                                                       Registration No. 33-69760
                                                                     Rule 497(e)
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DELAFIELD FUND, INC.                                    600 Fifth Avenue,
                                                        New York, NY 10020
                                                        (212) 830-5200
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PROSPECTUS SUPPLEMENT DATED NOVEMBER 27, 1996

         The  "Performance"  section has been  amended to include the  following
statement:

         "The Fund may also  from  time to time  include  in  advertisement  the
ranking of those  performance  figures  relative  to such  figures for groups of
mutual  funds  categorized  by  nationally  recognized  ranking  agencies.   The
performance of the Fund may also be compared to recognized  indices,  including,
but not limited to, the Standard & Poor's 500."



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