TEMPORARY INVESTMENT FUND INC
497, 1997-07-22
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                                                                                KAYNE ANDERSON
                                                                             MONEY MARKET ACCOUNT



No person has been authorized to give any
information or to make any representations not
contained in this Prospectus, or the Fund's
Statement of Additional Information  incorporated
herein by reference, in connection with the
offering made by this Prospectus and, if given
or made, such information or representation must
not be relied upon as having been authorized by
the Fund or its Distributor.  This Prospectus
does not constitute an offering by the Fund or
by the Distributor in any jurisdiction in which
such offering may not be lawfully be made.

An investment in the Fund is neither insured nor
guaranteed by the U.S. Government and there can
be no assurance that the Fund will be able to
maintain a stable net asset value of $1.00 per
share.



                                                                   in the TempCash portfolio
                                                                   (Dollar shares)




                                                                               JANUARY 31, 1997


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Account Information:


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The minimum investment in the Kayne Anderson Money
Market Account is $2,000 except for retirement and
custodial accounts which require a minimum of $1,000
(subsequent investments are $250 and $100
respectively).


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Shareholders should phone (800)395-3807 for
information regarding their holdings in their Kayne
Anderson Money Market Account.


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