U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
1. Name and address of issuer:
Putnam Investment Funds
One Post Office Square
Boston, Massachusetts 02109
2. The name of each series or class of securities for
which this Form is filed (if the Form is being
filed for
all series and classes of securities of the
issuer, check
the box but do not list series or classes): [ ]
Putnam International New Opportunities Fund
3. Investment Company Act File Number: 811-7237
Securities Act File Number: 33-56339
4(a). Last day of fiscal year for which this Form is filed:
September 30, 1997
4(b). [ ] Check box if this Form is being filed late
( i.e., more than 90 calendar days after the end of
the
issuer's fiscal year). (See Instruction A.2)
Note: If the Form is being filed late, interest must
be paid on the registration fee due.
4(c). [ ]Check box if this is the last time the issuer
will be filing this Form.
5. Calculation of registration fee:
(i) Aggregate sale price of securities sold
during the fiscal year pursuant to section
$1,632,915,859 24(f):
(ii) Aggregate price of securities redeemed or
$949,600,669 repurchased during the fiscal year:
(iii) Aggregate price of securities redeemed or
$0 repurchased during any prior fiscal year
ending no earlier than October 11, 1995
that were not previously used to reduce
registration fees payable to the
Commission:
(iv) Total available redemption credits [add
$949,600,669 Items 5(ii) and 5(iii):
(v) Net sales - if Item 5(i) is greater than
$683,315,190 Item 5(iv) [subtract Item 5(iv) from
Item
5(i)]:
(vi) Redemption credits available for use in
$0 future years - if Item 5(i) is less than
Item 5 (iv) [subtract Item 5 (iv) from
Item 5 (i)]:
(vii) Multiplier for determining registration
.000295 fee
(see Instruction C.9):
(viii)Registration fee due [multiply Item 5(v)
$201,577.99 by Item 5(vii)] (enter 0 if no fee is
due):
6. Prepaid Shares
If the response to Item 5(i) was determined by
deducting an amount of securities that were
registered under
the Securities Act of 1933 pursuant to rule 24e-2 as
in
effect before October 11, 1997, then report the
amount of securities (number of shares or other
units) deducted
here:
If there is a number of shares or other units that
were registered pursuant to rule 24e-2 remaining
unsold at
the end of the fiscal year for which this form is
filed
that are available for use by the issuer in future
years,
then state that number here:
7. Interest due - if this Form is being filed more than
90 days after the end of the issuer's fiscal year
(see
Instruction D):
+$
8. Total of the amount of the registration fee due plus
any interest due [line 5(viii) plus line 7]:
=$201,577.99
9. Date the registration fee and any interest payment
was sent to the Commission's lockbox depository:
December 22, 1997
Method of Delivery:
[ X ] Wire Transfer (CIK 0000932101)
[ ] Mail or other means
SIGNATURE
This report has been signed below by the following person on
behalf of the issuer and in the capacity and on the date
indicated.
By (Signature and Title) /s/ John D. Hughes
___________________________________
John D. Hughes
Senior Vice President and
Treasurer
Date: December 23, 1997
