INVESCO MULTIPLE ASSET FUNDS INC
NSAR-A, 1998-03-31
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<PAGE>      PAGE  1
000 A000000 01/31/98
000 C000000 913126
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 INVESCO MULTIPLE ASSET FUNDS, INC.
001 B000000 811-8066
001 C000000 3039306300
002 A000000 7800 EAST UNION AVENUE
002 B000000 DENVER
002 C000000 CO
002 D010000 80237
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  2
007 C010100  1
007 C020100 INVESCO MULTI-ASSET ALLOCATION FUND
007 C030100 N
007 C010200  2
007 C020200 INVESCO BALANCED FUND
007 C030200 N
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
010 A00AA01 INVESCO FUNDS GROUP, INC.
010 B00AA01 801-1569
010 C01AA01 DENVER
010 C02AA01 CO
010 C03AA01 80237
011 A00AA01 INVESCO DISTRIBUTORS, INC.
011 B00AA01 8-02856
011 C01AA01 DENVER
011 C02AA01 CO
011 C03AA01 80237
012 A00AA01 INVESCO FUNDS GROUP, INC.
012 B00AA01 84-0235630
012 C01AA01 DENVER
012 C02AA01 CO
012 C03AA01 80237
<PAGE>      PAGE  2
013 A00AA01 PRICE WATERHOUSE LLP
013 B01AA01 DENVER
013 B02AA01 CO
013 B03AA01 80202
015 A00AA01 STATE STREET BANK AND TRUST
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02110
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   46
019 C00AA00 INVESCOFUN
020 A000001 MERRILL LYNCH PIERCE
020 B000001 13-5674085
020 C000001    170
020 A000002 FIRST BOSTON CORP
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020 C000002     94
020 A000003 LEHMAN BROTHERS
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020 C000003     71
020 A000004 GOLDMAN SACHS
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020 C000004     52
020 A000005 SCHRODER CO INC
020 B000005 13-2697272
020 C000005     39
020 A000006 DONALDSON LUFKIN AND JENRET
020 B000006 13-2741729
020 C000006     37
020 A000007 OPPENHEIMER AND CO, INC.
020 B000007 13-2798343
020 C000007     35
020 A000008 DILLON READ
020 B000008 13-1939216
020 C000008     32
020 A000009 COWEN & COMPANY
020 B000009 13-5616116
020 C000009     25
020 A000010 MC DONALD & CO SECURITIES
020 B000010 34-0642435
020 C000010     24
021  000000      672
022 A000001 STATE STREET CAPITAL MARKET
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<PAGE>      PAGE  3
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022 A000005 ASSOC CORP OF NORTH AMER
022 B000005 74-1494554
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022 A000006 DLJ FIXED INCOME
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008 A000102 INVESCO MANAGEMENT AND RESEARCH, INC.
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008 D030102 02110
025 A000101 STATE STREET BANK & TRUST
<PAGE>      PAGE  5
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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 A000201 INVESCO FUNDS GROUP, INC.
008 B000201 A
008 C000201 801-1569
008 D010201 DENVER
008 D020201 CO
008 D030201 80237
008 A000202 INVESCO TRUST COMPANY
008 B000202 S
008 C000202 801-12389
008 D010202 DENVER
008 D020202 CO
<PAGE>      PAGE  10
008 D030202 80237
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<PAGE>      PAGE  11
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<PAGE>      PAGE  13
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SIGNATURE   JUDY P. WEISE                                
TITLE       VICE PRESIDENT      
 


<TABLE> <S> <C>

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<CIK> 0000913126
<NAME> INVESCO MULTIPLE ASSET FUNDS, INC.
<SERIES>
   <NUMBER> 1
   <NAME> INVESCO MULTI-ASSET ALLOCATION FUND
       
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<TABLE> <S> <C>

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<CIK> 0000913126
<NAME> INVESCO MULTIPLE ASSET FUNDS, INC.
<SERIES>
   <NUMBER> 2
   <NAME> INVESCO BALANCED FUND
       
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<PER-SHARE-DIVIDEND>                              0.19
<PER-SHARE-DISTRIBUTIONS>                         1.63
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              14.62
<EXPENSE-RATIO>                                      1
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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