KEMPER SMALL CAPITALIZATION EQUITY FUND, N-30D, 1997-03-06

KEMPER SMALL CAPITALIZATION EQUITY FUND
N-30D, 1997-03-06

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<PAGE>   1
FROM:     Jon P. Soderstrom, 72741,1310
TO:       EDGAR POSTMASTER,BDM:POSTMASTER
DATE:     03/05/97

SUBJECT:  FILED INCORRECTLY FROM TYPE N-30D

MSG ID:   2-10439

          THE FOLLOWING SUBMISSION WAS FILED INCORRECTLY WITH THE
          SECURITIES AND EXCHANGE COMMISSION:

COMPANY:  KEMPER SMALL CAPITALIZATION EQUITY FUND
FORM TYPE:      N-30D
RECEIVING DATE: 05-MARCH-97

ACCESSION NUMBER: 0000950137-97-000919

FILE NUMBER
1. 811-01702

REGISTRANT:

1.      CIK:        000095605
        COMPANY     KEMPER SMALL CAPITALIZATION EQUITY FUND
        FORM TYPE:  N-30D
        FILE NUMBER:
        1.  811-01702