<PAGE> PAGE 1
000 A000000 12/31/98
000 C000000 0000924725
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 THE BRAMWELL FUNDS, INC.
001 B000000 811-8546
001 C000000 4142715885
002 A000000 745 FIFTH AVENUE, 16TH FLOOR
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10151
003 000000 N
004 000000 N
005 000000 N
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007 A000000 Y
007 B000000 1
007 C010100 1
007 C020100 THE BRAMWELL GROWTH FUND
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008 A00AA01 BRAMWELL CAPITAL MANAGEMENT, INC.
008 B00AA01 A
008 C00AA01 801-46036
008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10151
010 A00AA01 SUNSTONE FINANCIAL GROUP, INC.
010 C01AA01 MILWAUKEE
010 C02AA01 WI
010 C03AA01 53202
012 A00AA01 FIRSTAR MUTUAL FUND SERVICES, LLC
012 B00AA01 85-00410
012 C01AA01 MILWAUKEE
012 C02AA01 WI
012 C03AA01 53201
013 A00AA01 PRICEWATERHOUSECOOPERS LLP
013 B01AA01 MILWAUKEE
<PAGE> PAGE 2
013 B02AA01 WI
013 B03AA01 53202
015 A00AA01 FIRSTAR BANK MILWAUKEE
015 B00AA01 C
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015 C03AA01 53201
015 E01AA01 X
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019 C00AA00 BRAMWELLFU
020 A000001 THOMSON INSTITUTIONAL
020 B000001 13-3566424
020 C000001 12
020 A000002 MERRILL LYNCH & CO., INC.
020 B000002 13-5674085
020 C000002 7
020 A000003 NATIONS MONTGOMERY
020 C000003 4
020 A000004 BLAIR, WILLIAM
020 B000004 13-3612293
020 C000004 4
020 A000005 GERALD KLAUER
020 C000005 4
020 A000006 BEAR, STEARNS & CO.
020 B000006 13-3299429
020 C000006 3
020 A000007 SG COWEN SEC. CORP.
020 B000007 13-5616116
020 C000007 3
020 A000008 PRUDENTIAL SECS
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<PAGE> PAGE 3
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022 D000008 0
022 A000009 ADAMS HARKNESS & HILL
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
077 P000000 N
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080 A00AA00 NATIONAL UNION FIRE INSURANCE COMPANY
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<PAGE> PAGE 10
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SIGNATURE MARK ERICKSON
TITLE FUND ACCOUNTANT
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000924725
<NAME> THE BRAMWELL FUNDS, INC.
<SERIES>
<NUMBER> 1
<NAME> BRAMWELL GROWTH FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-1999
<PERIOD-START> JUL-01-1998
<PERIOD-END> DEC-31-1998
<INVESTMENTS-AT-COST> 149,340,221
<INVESTMENTS-AT-VALUE> 249,871,647
<RECEIVABLES> 387,964
<ASSETS-OTHER> 74,488
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 250,334,099
<PAYABLE-FOR-SECURITIES> 1,436,057
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 414,404
<TOTAL-LIABILITIES> 1,850,461
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 147,066,272
<SHARES-COMMON-STOCK> 10,300,622
<SHARES-COMMON-PRIOR> 8,933,872
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 885,940
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 100,531,426
<NET-ASSETS> 248,483,638
<DIVIDEND-INCOME> 673,224
<INTEREST-INCOME> 344,599
<OTHER-INCOME> 0
<EXPENSES-NET> (1,702,000)
<NET-INVESTMENT-INCOME> (684,177)
<REALIZED-GAINS-CURRENT> 4,265,613
<APPREC-INCREASE-CURRENT> 19,920,378
<NET-CHANGE-FROM-OPS> 23,501,814
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (12,148,722)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,609,649
<NUMBER-OF-SHARES-REDEEMED> 2,744,549
<SHARES-REINVESTED> 501,650
<NET-CHANGE-IN-ASSETS> 42,561,996
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 9,783,261
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,051,430
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,702,000
<AVERAGE-NET-ASSETS> 208,743,550
<PER-SHARE-NAV-BEGIN> 23.05
<PER-SHARE-NII> (0.07)
<PER-SHARE-GAIN-APPREC> 2.39
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (1.25)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 24.12
<EXPENSE-RATIO> 1.62
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
Exhibit to Accompany
Item 77J
Form N-SAR
The Bramwell Growth Fund
(the "Fund")
According to the provisions of Statement of Position 93 - 2 (SOP
93 - 2) "Determination, Disclosure and Financial Statement
Presentation of Income, Capital Gain and Return of Capital
Distributions by Investment Companies," the Fund is required to
report the accumulated net investment income (loss) and
accumulated net capital gain (loss) accounts to approximate
amounts available for future distributions on a tax basis (or to
offset future realized capital gains). As a result, the Fund has
decreased undistributed net realized gains by $1,014,212 and
increased paid-in capital by $1,014,212 for the six months ended
December 31, 1998.
This reclassification has no impact on the net asset value of the
Fund and is designed to present the Fund's capital account on a tax
basis.
