TRAVELERS SERIES FUND INC
497, 1998-03-27
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TRAVELERS SERIES FUND INC.
on behalf of the 
Smith Barney Money Market Portfolio

Supplement dated March 27, 1998 to 
Prospectus dated February 27, 1998


	The following information supersedes the information set 
forth in the Prospectus under the "Management" section with 
respect to the Smith Barney Money Market Portfolio (the 
"Portfolio") only:

	On March 11, 1998 the Board of Directors of the Fund 
approved a reduction in the annual management fee paid by the 
Portfolio to Mutual Management Corp. for services provided. 
Effective immediately, the Portfolio's annual management fee will 
be decreased from 0.60% to 0.50% of the average daily net assets 
of the Portfolio. 





FD 01435






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