TRAVELERS SERIES FUND INC
497, 1998-05-19
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TRAVELERS SERIES FUND INC.
on behalf of the 
Putnam Diversified Income Portfolio 
Supplement dated May 19, 1998 to 
Prospectus dated February 27, 1998


The following revises and supersedes, as applicable, the 
discussion under "Management" with respect to the Putnam 
Diversified Income Portfolio:

Jennifer Evans Leichter has been named Senior Portfolio Manager 
of the Putnam Diversified Income Portfolio.  Ms. Leichter is a 
Senior Vice President and Senior Portfolio Manager High Yield 
Group of Putnam Investment Management, Inc. ("Putnam").  She is 
the Portfolio Manager for several separate accounts for 
institutional clients, as well as open and closed end high yield 
mutual funds.  She joined Putnam in 1987 as a High Yield Bond 
Analyst with extensive experience in the industry.  She is a 
Chartered Financial Analyst with 15 years of investment 
experience.  Previously, Ms. Leichter was an Assistant Vice 
President and a High Yield Bond Analyst at Kidder Peabody from 
1983 to 1987.











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