<PAGE> PAGE 1
000 A000000 12/31/95
000 C000000 0000094780
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 LEXINGTON STRATEGIC INVESTMENTS FUND, INC.
001 B000000 811-2506
001 C000000 2018457300
002 A000000 PARK 80 WEST PLAZA TWO
002 B000000 SADDLE BROOK
002 C000000 NJ
002 D010000 07663
002 D020000 9990
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
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007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
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007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 LEXINGTON MANAGEMENT CORPORATION
008 B000001 A
008 C000001 801-8281
008 D010001 SADDLE BROOK
008 D020001 NJ
008 D030001 07663
008 D040001 9990
010 A000001 LEXINGTON MANAGEMENT CORPORATION
010 B000001 8281
010 C010001 SADDLE BROOK
010 C020001 NJ
010 C030001 07663
011 A000001 LEXINGTON FUNDS DISTRIBUTOR, INC.
011 B000001 8-24850
011 C010001 SADDLE BROOK
011 C020001 NJ
011 C030001 07663
011 C040001 9990
<PAGE> PAGE 2
012 A000001 STATE STREET BANK & TRUST COMPANY C/O NFDS
012 B000001 84-1078
012 C010001 KANSAS CITY
012 C020001 MO
012 C030001 64105
013 A000001 KPMG PEAT MARWICK LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10154
014 A000001 LEXINGTON FUNDS DISTRIBUTOR, INC.
014 B000001 8-24850
015 A000001 CHASE MANHATTAN BANK N.A.
015 B000001 C
015 C010001 BROOKLYN
015 C020001 NY
015 C030001 11245
015 E040001 X
018 000000 Y
019 A000000 Y
019 B000000 17
019 C000000 :LEXINGTON
020 A000001 FLEMING MARTIN
020 B000001 13-3724403
020 C000001 81
020 A000002 RAND INTERNATIONAL
020 C000002 26
020 A000003 T. HOARE LTD.
020 C000003 24
020 A000004 SHEARSON, INC.
020 C000004 12
020 A000005 DEUTSCHE BANK
020 B000005 13-2730828
020 C000005 10
020 A000006 SMITH - BORKUM
020 C000006 10
020 A000007 HAMBRO SECURITIES
020 C000007 7
020 A000008 LEHMAN BROTHERS
020 C000008 3
020 A000009 SMITH NEW COURT
020 B000009 13-3169769
020 C000009 2
020 A000010 JAMES CAPEL
020 B000010 52-1348224
020 C000010 2
021 000000 177
022 A000001 MERRILL LYNCH
022 B000001 13-5674085
022 C000001 231343
022 D000001 9482
022 A000002 MOCATTA GROUP
<PAGE> PAGE 3
022 C000002 0
022 D000002 9998
022 A000003 JAMES CAPEL
022 B000003 52-1348224
022 C000003 1020
022 D000003 2049
022 A000004 CREDIT SUISSE
022 C000004 0
022 D000004 3022
022 A000005 DEUTSCHE BANK
022 B000005 13-2730828
022 C000005 0
022 D000005 1948
022 A000006 BAYERISCHE VEREINSBANK
022 C000006 810
022 D000006 1062
022 A000007 FLEMING MARTIN
022 B000007 13-3724403
022 C000007 487
022 D000007 980
022 A000008 SHEARSON LEHMAN
022 B000008 13-2518466
022 C000008 0
022 D000008 1304
022 A000009 HAMBRO SECURITITES
022 C000009 0
022 D000009 1260
022 A000010 UBS SECURITIES
022 B000010 13-2932996
022 C000010 0
022 D000010 1248
023 C000000 233660
023 D000000 32353
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
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025 D000005 0
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025 D000007 0
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026 A000000 N
026 B000000 Y
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026 H000000 N
<PAGE> PAGE 4
027 000000 Y
028 A010000 11851
028 A020000 0
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028 B010000 22027
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028 F010000 10842
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030 A000000 73
030 B000000 5.75
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<PAGE> PAGE 5
042 G000000 0
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048 A020000 1.000
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<PAGE> PAGE 6
055 B000000 N
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070 E010000 N
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<PAGE> PAGE 7
070 I020000 N
070 J010000 Y
070 J020000 Y
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070 M010000 Y
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071 A000000 27562
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<PAGE> PAGE 8
072CC010000 2134
072CC020000 0
072DD010000 731
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<PAGE> PAGE 9
083 B000000 0
084 A000000 N
084 B000000 0
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SIGNATURE PETER CORNIOTES
TITLE ASSISTANT SECRETARY
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
The Schedule contains summary financial information extracted from semi-annual
financial statements dated Dec. 31, 1995 and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-1996
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 70,665,050
<INVESTMENTS-AT-VALUE> 72,798,653
<RECEIVABLES> 5,872,597
<ASSETS-OTHER> 28,117
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 78,699,367
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,511,858
<TOTAL-LIABILITIES> 2,511,858
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 144,375,181
<SHARES-COMMON-STOCK> 29,236,364
<SHARES-COMMON-PRIOR> 37,400,881
<ACCUMULATED-NII-CURRENT> 367,856
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (70,689,364)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,133,836
<NET-ASSETS> 76,187,509
<DIVIDEND-INCOME> 1,278,134
<INTEREST-INCOME> 93,672
<OTHER-INCOME> (197,678)
<EXPENSES-NET> 847,522
<NET-INVESTMENT-INCOME> 326,606
<REALIZED-GAINS-CURRENT> (3,110,796)
<APPREC-INCREASE-CURRENT> 7,936,288
<NET-CHANGE-FROM-OPS> 5,152,098
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 731,482
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 26,926,109
<NUMBER-OF-SHARES-REDEEMED> (35,328,399)
<SHARES-REINVESTED> 237,773
<NET-CHANGE-IN-ASSETS> (22,291,821)
<ACCUMULATED-NII-PRIOR> 772,732
<ACCUMULATED-GAINS-PRIOR> (67,578,568)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 397,366
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 847,522
<AVERAGE-NET-ASSETS> 96,374,445
<PER-SHARE-NAV-BEGIN> 2.51
<PER-SHARE-NII> .02
<PER-SHARE-GAIN-APPREC> .11
<PER-SHARE-DIVIDEND> (.03)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 2.61
<EXPENSE-RATIO> 1.77
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
