MASTER INVESTMENT PORTFOLIO
NSAR-B, 1996-04-29
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<PAGE>      PAGE  1
000 B000000 02/29/96
000 C000000 915092
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 MASTER INVESTMENT PORTFOLIO
001 B000000 811-8162
001 C000000 5013772521
002 A000000 111 CENTER STREET
002 B000000 LITTLE ROCK
002 C000000 AR
002 D010000 72201
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000 14
007 C010100  1
007 C020100 LIFEPATH 2000 MASTER SERIES
007 C030100 N
007 C010200  2
007 C020200 LIFEPATH 2010 MASTER SERIES
007 C030200 N
007 C010300  3
007 C020300 LIFEPATH 2020 MASTER SERIES
007 C030300 N
007 C010400  4
007 C020400 LIFEPATH 2030 MASTER SERIES
007 C030400 N
007 C010500  5
007 C020500 LIFEPATH 2040 MASTER SERIES
007 C030500 N
007 C010600  6
007 C020600 SMALL/MEDIUM STOCK INDEX MASTER SERIES
007 C030600 N
007 C010700  7
007 C020700 INTERNATIONAL STOCK INDEX MASTER SERIES
007 C030700 N
007 C010800  8
007 C020800 MONEY MARKET MASTER SERIES
007 C030800 N
007 C010900  9
007 C020900 SHORT-TERM ALLOCATION MASTER SERIES
007 C030900 N
007 C011000 10
007 C021000 GROWTH AND VALUE MASTER SERIES
<PAGE>      PAGE  2
007 C031000 N
007 C011100 11
007 C021100 U.S.TREASURY ALLOCATION MASTER SERIES
007 C031100 N
007 C011200 12
007 C021200 BOND INDEX MASTER SERIES
007 C031200 N
007 C011300 13
007 C021300 S&P 500 STOCK INDEX MASTER SERIES
007 C031300 N
007 C011400 14
007 C021400 ASSET ALLOCATION MASTER SERIES
007 C031400 N
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
008 A00AA01 BZW BARCLAY'S GLOBAL FUND ADVISORS
008 B00AA01 A
008 C00AA01 801-00000
008 D01AA01 SAN FRANCISCO
008 D02AA01 CA
008 D03AA01 94105
008 A00AA02 DELETE
010 A00AA01 STEPHENS INC
010 B00AA01 8-1927
010 C01AA01 LITTLE ROCK
010 C02AA01 AR
010 C03AA01 72201
011 A00AA01 STEPHENS INC
011 B00AA01 8-1927
011 C01AA01 LITTLE ROCK
011 C02AA01 AR
011 C03AA01 72201
012 A00AA01 WELLS FARGO BANK, N.A.
012 B00AA01 84-00000
012 C01AA01 SAN FRANCISCO
012 C02AA01 CA
012 C03AA01 94105
013 A00AA01 KPMG
013 B01AA01 SAN FRANCISCO
013 B02AA01 CA
013 B03AA01 94111
014 A00AA01 BZW BARCLAY'S GOLBAL INVESTOR SERVICES
014 B00AA01 8-00000
015 A00AA01 BZW BARCLAY'S GLOBAL FUND ADVISORS
015 B00AA01 C
015 C01AA01 SAN FRANCISCO
015 C02AA01 CA
<PAGE>      PAGE  3
015 C03AA01 94105
015 E01AA01 X
018  00AA00 Y
019 A00AA00 N
019 B00AA00    0
020 A000001 MERRILL LYNCH PFS
020 B000001 13-2761776
020 C000001     78
020 A000002 MORGAN STANLEY & CO
020 B000002 13-2655998
020 C000002     50
020 A000003 LEHMAN BROTHERS INC
020 B000003 13-2518466
020 C000003     33
020 A000004 SALOMON BROTHERS INC
020 B000004 13-3082694
020 C000004     27
020 A000005 BERNARD L. MADOFF
020 B000005 13-1997126
020 C000005     18
020 A000006 SPEAR LEEDS & KELLOGG
020 B000006 13-5515160
020 C000006     10
020 A000007 SMITH BARNEY SHEARSON
020 B000007 13-1912900
020 C000007      5
020 A000008 NOMURA SECURITIES NAT'L
020 B000008 13-2642206
020 C000008      5
020 A000009 GOLDMAN SACHS
020 B000009 13-5108880
020 C000009      5
020 A000010 BEAR STEANS & CO INC.
020 B000010 13-3299429
020 C000010      4
021  000000      246
022 A000001 J P MORGAN SECURITIES INC
022 B000001 13-3224016
022 C000001    630225
022 D000001    325446
022 A000002 SALOMON BROTHERS INC
022 B000002 13-3082694
022 C000002    551268
022 D000002    278294
022 A000003 MERRILL LYNCH PF&S
022 B000003 13-2761776
022 C000003    260550
022 D000003     75255
022 A000004 LEHMAN BROTHERS INC
022 B000004 13-2518466
022 C000004    119890
<PAGE>      PAGE  4
022 D000004    134906
022 A000005 CITICORP SECURITIES
022 B000005 UNKNOWN
022 C000005    157499
022 D000005     73320
022 A000006 GOLDMAN SACHS
022 B000006 13-5108880
022 C000006     81939
022 D000006     59305
022 A000007 MORGAN STANLEY & CO
022 B000007 13-2655998
022 C000007     76056
022 D000007     64894
022 A000008 BERNARD L. MADOFF
022 B000008 13-1997126
022 C000008    125767
022 D000008     14692
022 A000009 FIRST BOSTON
022 B000009 13-5659485
022 C000009     28295
022 D000009     49939
022 A000010 WELLS FARGO INST TRUST
022 B000010 94-1347393
022 C000010     40437
022 D000010      3270
023 C000000    2114494
023 D000000    1113591
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 N
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
058 A00AA00 N
059  00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061  00AA00        1
077 A000000 Y
077 B000000 Y
080 A00AA00 CHUBBS INSURANCE GROUP
080 C00AA00    30000
081 A00AA00 Y
081 B00AA00  52
082 A00AA00 Y
082 B00AA00       25
083 A00AA00 N
<PAGE>      PAGE  5
083 B00AA00        0
084 A00AA00 N
084 B00AA00        0
085 A00AA00 Y
085 B00AA00 N
086 A010000      0
086 A020000      0
086 B010000      0
086 B020000      0
086 C010000      0
086 C020000      0
086 D010000      0
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
024  000100 Y
025 A000101 CITICORP
025 B000101 UNKNOWN
025 C000101 D
025 D000101      92
025 A000102 LEHMAN BROTHERS
025 B000102 13-2518466
025 C000102 D
025 D000102      30
025 A000103 MERRILL LYNCH & CO INC
025 B000103 13-2761776
025 C000103 D
025 D000103      29
025 A000104 JP MORGAN SECURITIES
025 B000104 13-3224016
025 C000104 D
025 D000104      40
025 A000105 DELETE
025 D000105       0
025 D000106       0
025 D000107       0
025 D000108       0
028 A010100      5749
028 A020100         0
028 A030100         0
028 A040100      1270
028 B010100      6830
028 B020100       924
028 B030100         0
028 B040100      2365
028 C010100      6930
028 C020100         0
028 C030100         0
028 C040100       919
<PAGE>      PAGE  6
028 D010100      5759
028 D020100         0
028 D030100         0
028 D040100      1500
028 E010100      7251
028 E020100      1075
028 E030100         0
028 E040100      2450
028 F010100     11347
028 F020100         0
028 F030100         0
028 F040100      3731
028 G010100     43866
028 G020100      1999
028 G030100         0
028 G040100     12235
028 H000100         0
062 A000100 N
062 B000100   0.0
062 C000100   0.0
062 D000100   0.0
062 E000100   0.0
062 F000100   0.0
062 G000100   0.0
062 H000100   0.0
062 I000100   0.0
062 J000100   0.0
062 K000100   0.0
062 L000100   0.0
062 M000100   0.0
062 N000100   0.0
062 O000100   0.0
062 P000100   0.0
062 Q000100   0.0
062 R000100   0.0
063 A000100   0
063 B000100  0.0
071 A000100     94934
071 B000100     56588
071 C000100     67329
071 D000100   84
072 A000100 12
072 B000100     3945
072 C000100      458
072 D000100        0
072 E000100        0
072 F000100      463
072 G000100        0
072 H000100        0
072 I000100        0
072 J000100        0
<PAGE>      PAGE  7
072 K000100        0
072 L000100        0
072 M000100        0
072 N000100        0
072 O000100        0
072 P000100        0
072 Q000100        0
072 R000100        0
072 S000100        0
072 T000100        0
072 U000100        0
072 V000100        0
072 W000100        0
072 X000100      463
072 Y000100        0
072 Z000100     3940
072AA000100     1440
072BB000100        0
072CC010100     4707
072CC020100        0
072DD010100     2127
072DD020100        0
072EE000100        0
073 A010100   0.4856
073 A020100   0.0000
073 B000100   0.0000
073 C000100   0.0000
074 A000100       15
074 B000100        0
074 C000100    18632
074 D000100    70953
074 E000100        0
074 F000100    26372
074 G000100        0
074 H000100        0
074 I000100        0
074 J000100        0
074 K000100        0
074 L000100     1596
074 M000100        0
074 N000100   117568
074 O000100        0
074 P000100      100
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100      790
074 S000100        0
074 T000100   116678
074 U010100    11040
<PAGE>      PAGE  8
074 U020100        0
074 V010100    10.57
074 V020100     0.00
074 W000100   0.0000
074 X000100        2
074 Y000100        0
075 A000100        0
075 B000100    98106
076  000100     0.00
024  000200 Y
025 A000201 CITICORP
025 B000201 UNKNOWN
025 C000201 D
025 D000201     295
025 A000202 LEHMAN BROTHERS
025 B000202 13-2518466
025 C000202 D
025 D000202      25
025 A000203 MERRILL LYNCH & CO
025 B000203 13-2761776
025 C000203 D
025 D000203      79
025 A000204 JP MORGAN & CO
025 B000204 13-3224016
025 C000204 D
025 D000204     123
025 A000205 DELETE
025 D000205       0
025 A000206 DELETE
025 D000206       0
025 D000207       0
025 D000208       0
028 A010200      3984
028 A020200         0
028 A030200         0
028 A040200       441
028 B010200      4103
028 B020200       603
028 B030200         0
028 B040200      1246
028 C010200      3904
028 C020200         0
028 C030200         0
028 C040200       487
028 D010200      4849
028 D020200         0
028 D030200         0
028 D040200       443
028 E010200      4591
028 E020200       736
028 E030200         0
<PAGE>      PAGE  9
028 E040200       541
028 F010200      5331
028 F020200         0
028 F030200         0
028 F040200       440
028 G010200     26762
028 G020200      1339
028 G030200         0
028 G040200      3598
028 H000200         0
055 A000200 Y
055 B000200 N
062 A000200 N
062 B000200   0.0
062 C000200   0.0
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   0.0
062 P000200   0.0
062 Q000200   0.0
062 R000200   0.0
071 A000200     58728
071 B000200     25760
071 C000200     66189
071 D000200   39
072 A000200 12
072 B000200     2239
072 C000200      859
072 D000200        0
072 E000200        0
072 F000200      400
072 G000200        0
072 H000200        0
072 I000200        0
072 J000200        0
072 K000200        0
072 L000200        0
072 M000200        0
072 N000200        0
072 O000200        0
072 P000200        0
072 Q000200        0
<PAGE>      PAGE  10
072 R000200        0
072 S000200        0
072 T000200        0
072 U000200        0
072 V000200        0
072 W000200        0
072 X000200      400
072 Y000200        0
072 Z000200     2698
072AA000200     1110
072BB000200        0
072CC010200     8805
072CC020200        0
072DD010200     1399
072DD020200        0
072EE000200        0
073 A010200   0.4057
073 A020200   0.0000
073 B000200   0.0000
073 C000200   0.0000
074 A000200       69
074 B000200        0
074 C000200    10265
074 D000200    38015
074 E000200        0
074 F000200    53343
074 G000200        0
074 H000200        0
074 I000200        0
074 J000200        0
074 K000200        0
074 L000200      670
074 M000200        0
074 N000200   102362
074 O000200      499
074 P000200       87
074 Q000200        0
074 R010200        0
074 R020200        0
074 R030200        0
074 R040200      555
074 S000200        0
074 T000200   101221
074 U010200     8872
074 U020200        0
074 V010200    11.41
074 V020200     0.00
074 W000200   0.0000
074 X000200        2
074 Y000200        0
075 A000200        0
<PAGE>      PAGE  11
075 B000200    86074
076  000200     0.00
024  000300 Y
025 A000301 CITICORP
025 B000301 UNKNOWN
025 C000301 D
025 D000301     549
025 A000302 LEHMAN BROTHERS HOLDINGS
025 B000302 13-2518466
025 C000302 D
025 D000302      45
025 A000303 MERRILL LYNCH & CO
025 B000303 13-2761776
025 C000303 D
025 D000303     170
025 A000304 MORGAN JP & CO INC
025 B000304 13-3224016
025 C000304 D
025 D000304     255
025 A000305 DELETE
025 D000305       0
025 D000306       0
025 D000307       0
025 D000308       0
028 A010300      5839
028 A020300         0
028 A030300         0
028 A040300       287
028 B010300      5657
028 B020300         0
028 B030300         0
028 B040300      1109
028 C010300      5319
028 C020300         0
028 C030300         0
028 C040300       564
028 D010300      4623
028 D020300         0
028 D030300         0
028 D040300       624
028 E010300     10732
028 E020300       963
028 E030300         0
028 E040300      1772
028 F010300      5901
028 F020300         0
028 F030300         0
028 F040300      1233
028 G010300     38071
028 G020300       963
028 G030300         0
<PAGE>      PAGE  12
028 G040300      5589
028 H000300         0
062 A000300 N
062 B000300   0.0
062 C000300   0.0
062 D000300   0.0
062 E000300   0.0
062 F000300   0.0
062 G000300   0.0
062 H000300   0.0
062 I000300   0.0
062 J000300   0.0
062 K000300   0.0
062 L000300   0.0
062 M000300   0.0
062 N000300   0.0
062 O000300   0.0
062 P000300   0.0
062 Q000300   0.0
062 R000300   0.0
063 A000300   0
063 B000300  0.0
071 A000300    107762
071 B000300     55660
071 C000300    113184
071 D000300   49
072 A000300 12
072 B000300     2497
072 C000300     1898
072 D000300        0
072 E000300        0
072 F000300      661
072 G000300        0
072 H000300        0
072 I000300        0
072 J000300        0
072 K000300        0
072 L000300        0
072 M000300        0
072 N000300        0
072 O000300        0
072 P000300        0
072 Q000300        0
072 R000300        0
072 S000300        0
072 T000300        0
072 U000300        0
072 V000300        0
072 W000300        0
072 X000300      661
072 Y000300        0
<PAGE>      PAGE  13
072 Z000300     3734
072AA000300     2880
072BB000300        0
072CC010300    18005
072CC020300        0
072DD010300     1952
072DD020300        0
072EE000300        0
073 A010300   0.3497
073 A020300   0.0000
073 B000300   0.0000
073 C000300   0.0000
074 A000300      152
074 B000300        0
074 C000300     9812
074 D000300    36465
074 E000300        0
074 F000300   116815
074 G000300        0
074 H000300        0
074 I000300        0
074 J000300        0
074 K000300        0
074 L000300      783
074 M000300        0
074 N000300   164027
074 O000300      595
074 P000300      141
074 Q000300        0
074 R010300        0
074 R020300        0
074 R030300        0
074 R040300      733
074 S000300        0
074 T000300   162558
074 U010300    13569
074 U020300        0
074 V010300    11.98
074 V020300     0.00
074 W000300   0.0000
074 X000300        2
074 Y000300        0
075 A000300        0
075 B000300   140252
076  000300     0.00
024  000400 Y
025 A000401 CITICORP
025 B000401 UNKNOWN
025 C000401 D
025 D000401     431
025 A000402 LEHMAN BROTHERS HOLDINGS
<PAGE>      PAGE  14
025 B000402 13-2518466
025 C000402 D
025 D000402      40
025 A000403 MERRILL LYNCH & CO INC
025 B000403 13-2761776
025 C000403 D
025 D000403     134
025 A000404 MORGAN JP & CO INC
025 B000404 13-3224016
025 C000404 D
025 D000404     198
025 A000405 DELETE
025 D000405       0
025 A000406 DELETE
025 D000406       0
025 A000407 DELETE
025 D000407       0
025 D000408       0
028 A010400      3554
028 A020400         0
028 A030400         0
028 A040400       158
028 B010400      3418
028 B020400         0
028 B030400         0
028 B040400       312
028 C010400      2295
028 C020400         0
028 C030400         0
028 C040400       320
028 D010400      3218
028 D020400         0
028 D030400         0
028 D040400       183
028 E010400      3777
028 E020400         0
028 E030400         0
028 E040400       321
028 F010400      5227
028 F020400         0
028 F030400         0
028 F040400       326
028 G010400     21489
028 G020400         0
028 G030400         0
028 G040400      1620
028 H000400         0
055 A000400 Y
055 B000400 N
062 A000400 N
062 B000400   0.0
<PAGE>      PAGE  15
062 C000400   0.0
062 D000400   0.0
062 E000400   0.0
062 F000400   0.0
062 G000400   0.0
062 H000400   0.0
062 I000400   0.0
062 J000400   0.0
062 K000400   0.0
062 L000400   0.0
062 M000400   0.0
062 N000400   0.0
062 O000400   0.0
062 P000400   0.0
062 Q000400   0.0
062 R000400   0.0
070 A010400 Y
070 A020400 N
070 B010400 Y
070 B020400 N
070 C010400 Y
070 C020400 N
070 D010400 Y
070 D020400 N
070 E010400 Y
070 E020400 N
070 F010400 Y
070 F020400 Y
070 G010400 Y
070 G020400 N
070 H010400 Y
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 Y
070 L010400 Y
070 L020400 N
070 M010400 Y
070 M020400 N
070 N010400 Y
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 Y
070 P020400 Y
070 Q010400 N
070 Q020400 N
070 R010400 Y
<PAGE>      PAGE  16
070 R020400 N
071 A000400     68961
071 B000400     29536
071 C000400     76409
071 D000400   39
072 A000400 12
072 B000400     1008
072 C000400     1476
072 D000400        0
072 E000400        0
072 F000400      437
072 G000400        0
072 H000400        0
072 I000400        0
072 J000400        0
072 K000400        0
072 L000400        0
072 M000400        0
072 N000400        0
072 O000400        0
072 P000400        0
072 Q000400        0
072 R000400        0
072 S000400        0
072 T000400        0
072 U000400        0
072 V000400        0
072 W000400        0
072 X000400      437
072 Y000400        0
072 Z000400     2047
072AA000400     2563
072BB000400        0
072CC010400    13600
072CC020400        0
072DD010400     1076
072DD020400        0
072EE000400        0
073 A010400   0.2976
073 A020400   0.0000
073 B000400   0.0000
073 C000400   0.0000
074 A000400      124
074 B000400        0
074 C000400     3326
074 D000400    11740
074 E000400        0
074 F000400    93120
074 G000400        0
074 H000400        0
074 I000400        0
<PAGE>      PAGE  17
074 J000400        0
074 K000400        0
074 L000400      420
074 M000400        0
074 N000400   108730
074 O000400        0
074 P000400       93
074 Q000400        0
074 R010400        0
074 R020400        0
074 R030400        0
074 R040400      399
074 S000400        0
074 T000400   108238
074 U010400     8711
074 U020400        0
074 V010400    12.43
074 V020400     0.00
074 W000400   0.0000
074 X000400        2
074 Y000400        0
075 A000400        0
075 B000400    93815
076  000400     0.00
024  000500 Y
025 A000501 MERRILL LYNCH & CO INC
025 B000501 13-2761776
025 C000501 D
025 D000501     213
025 A000502 MORGAN JP  CO INC
025 B000502 13-3224016
025 C000502 D
025 D000502     319
025 A000503 LEHMAN BROTHERS HOLDINGS
025 B000503 13-2518466
025 C000503 D
025 D000503      79
025 A000504 CITICORP
025 B000504 UNKNOWN
025 C000504 D
025 D000504     784
025 A000505 DELETE
025 D000505       0
025 A000506 DELETE
025 D000506       0
025 D000507       0
025 D000508       0
028 A010500      6393
028 A020500         0
028 A030500         0
028 A040500      1354
<PAGE>      PAGE  18
028 B010500      8124
028 B020500       568
028 B030500         0
028 B040500       267
028 C010500      5872
028 C020500         0
028 C030500         0
028 C040500      1435
028 D010500      6878
028 D020500         0
028 D030500         0
028 D040500       405
028 E010500      7532
028 E020500       584
028 E030500         0
028 E040500      1354
028 F010500     12078
028 F020500         0
028 F030500         0
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<PAGE>      PAGE  19
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<PAGE>      PAGE  20
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<PAGE>      PAGE  23
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<PAGE>      PAGE  24
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<PAGE>      PAGE  26
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<PAGE>      PAGE  27
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<PAGE>      PAGE  28
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<PAGE>      PAGE  29
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<PAGE>      PAGE  30
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<PAGE>      PAGE  31
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<PAGE>      PAGE  32
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<PAGE>      PAGE  33
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<PAGE>      PAGE  34
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TITLE       ASST.SECRETARY      
 


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<ARTICLE> 6
<CIK> 0000915092
<NAME> MASTER INVESTMENT PORTFOLIO
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   <NUMBER> 02
   <NAME> LIFEPATH 2010 MASTER SERIES
       
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<ARTICLE> 6
<CIK> 0000915092
<NAME> MASTER INVESTMENT PORTFOLIO
<SERIES>
   <NUMBER> 03
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<ARTICLE> 6
<CIK> 0000915092
<NAME> MASTER INVESTMENT PORTFOLIO
<SERIES>
   <NUMBER> 04
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000915092
<NAME> MASTER INVESTMENT PORTFOLIO
<SERIES>
   <NUMBER> 05
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<CIK> 0000915092
<NAME> MASTER INVESTMENT PORTFOLIO
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<CIK> 0000915092
<NAME> MASTER INVESTMENT PORTFOLIO
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<CIK> 0000915092
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<TABLE> <S> <C>

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<NAME> MASTER INVESTMENT PORTFOLIO
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