13F-HR
03/31/11
				UNITED STATES
			SECURITIES AND EXCHANGE COMMISSION
				Washington, D.C. 20549

					FORM 13F

				FORM 13F COVER PAGE

Report for the Quarter Ended: March 31, 2011

Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.):	[  ]  is a restatement.
					[  ]  adds new holding entries.

Institutional Investment Manager Filing this Report:

Name:		Chase Investment Counsel Corp.
Address:	300 Preston Ave., Suite 500
		Charlottesville, VA 22902-5096

13F File Number:  028-01127

The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all information
contained herein is true, correct and complete, and that it is
understood that all required items, statements, schedules, lists,
and tables are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:

Name:	Jennifer King
Title:	Senior Vice President
Phone:	434-293-9104
Signature, Place, and Date of Signing:

	/s/ Jennifer King	Charlottesville, VA		May 4, 2011

Report Type (check only one.):

[X ]		13F HOLDINGS REPORT.

[  ]		13F NOTICE.

[  ]		13F COMBINATION REPORT.

List of Other Managers Reporting for this Manager:


I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.



			FORM 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers:			0

Form 13F Information Table Entry Total:			87
Form 13F Information Table Value Total:		$1,350,211,000


List of Other Included Managers:

	

			          FORM 13F INFORMATION TABLE
							VALUE	SHARES	SH/	PUT/	INVSTMT	OTHER	   VOTING AUTHORITY
NAME OF ISSUER		TITLE OF CLASS	CUSIP		(x$1000)PRN AMT	PRN	CALL	DSCRETN	MGRS	SOLE	SHARED	NONE
Adtran Inc		COM		00738A106	1728	40700	SH		SOLE		25000		15700
Affiliated Managers Grp	COM		008252108	1548	14160	SH		SOLE		8760		5400
Albemarle Corp		COM		012653101	3412	57100	SH		SOLE		42700		14400
AmerisourceBergen Corp	COM		03073E105	31238	789657	SH		SOLE		580510		209147
Ametek Inc New		COM		031100100	14369	327552	SH		SOLE		233725		93827
Amphenol Corp New	CL A		032095101	12751	234450	SH		SOLE		174900		59550
Apple Inc		COM		037833100	67534	193781	SH		SOLE		142565		51216
Ascena Retail Group Inc	COM		04351G101	1591	49100	SH		SOLE		30300		18800
Baker Hughes Inc	COM		057224107	41428	564190	SH		SOLE		417550		146640
Ball Corp		COM		058498106	19220	536143	SH		SOLE		397500		138643
Barrick Gold Corp	COM		067901108	13972	269174	SH		SOLE		200060		69114
BHP Billiton Ltd	SPONSORED ADR	088606108	25093	261713	SH		SOLE		191830		69883
BMC Software Inc	COM		055921100	1377	27700	SH		SOLE		16300		11400
Bruker Corp		COM		116794108	2082	99900	SH		SOLE		61400		38500
Cameron Intl Corp	COM		13342B105	36109	632390	SH		SOLE		466990		165400
Carbo Ceramics Inc	COM		140781105	1919	13600	SH		SOLE		8000		5600
Central Fd Cda Ltd	CL A		153501101	2260	101032	SH		SOLE		93370		7662
Central Goldtrust	TR UNIT		153546106	4008	73790	SH		SOLE		73790		0
Chevron Corp New	COM		166764100	37740	351110	SH		SOLE		260170		90940
Coach Inc		COM		189754104	23754	456466	SH		SOLE		328930		127536
Coca Cola Co		COM		191216100	21131	318533	SH		SOLE		235920		82613
Cognizant Techn Solutio	CL A		192446102	46336	569250	SH		SOLE		413580		155670
CommVault Systems Inc	COM		204166102	2055	51550	SH		SOLE		30350		21200
Concho Res Inc		COM		20605P101	1510	14080	SH		SOLE		8270		5810
Cooper Industries PLC	SHS		G24140108	1836	28300	SH		SOLE		16600		11700
Covidien PLC		SHS		G2554F113	23192	446520	SH		SOLE		322130		124390
Cummins Inc		COM		231021106	31139	284070	SH		SOLE		211670		72400
Danaher Corp Del	COM		235851102	28869	556243	SH		SOLE		417350		138893
Deckers Outdoor Corp	COM		243537107	1433	16640	SH		SOLE		9790		6850
Deere & Co		COM		244199105	60522	624652	SH		SOLE		462895		161757
Dicks Sporting Goods IncCOM		253393102	1563	39100	SH		SOLE		24200		14900
DIRECTV 		COM CL A	25490A101	21286	454839	SH		SOLE		336840		117999
E M C Corp Mass		COM		268648102	56048	2110257	SH		SOLE		1575340		534917
Exxon Mobil Corp	COM		30231G102	414	4924	SH		SOLE		1824		3100
F M C Corp		COM NEW		302491303	1511	17800	SH		SOLE		11000		6800
Fiserv Inc		COM		337738108	1442	23000	SH		SOLE		14200		8800
Genesee & Wyo Inc	CL A		371559105	1711	29400	SH		SOLE		18100		11300
Goldcorp Inc New	COM		380956409	313	6300	SH		SOLE		6300		0
Hansen Nat Corp		COM		411310105	1590	26400	SH		SOLE		16000		10400
Iconix Brand Group Inc	COM		451055107	1571	73150	SH		SOLE		45250		27900
IHS Inc			CL A		451734107	1475	16630	SH		SOLE		9810		6820
Informatica Corp	COM		45666Q102	1850	35450	SH		SOLE		20850		14600
International Bus Machs	COM		459200101	38847	238227	SH		SOLE		176040		62187
Intuit			COM		461202103	27847	524333	SH		SOLE		389380		134953
Joy Global Inc		COM		481165108	40701	411915	SH		SOLE		303405		108510
Juniper Networks Inc	COM		48203R104	31380	745740	SH		SOLE		553490		192250
Market Vectors ETF TR 	JR GOLD MINERS E57060U589	346	8830	SH		SOLE		8830		0
Mastec Inc		COM		576323109	1576	75800	SH		SOLE		47400		28400
McDonalds Corp		COM		580135101	1482	19477	SH		SOLE		15110		4367
MetroPCS Comm Inc	COM		591708102	1936	119250	SH		SOLE		74650		44600
Micros Sys Inc		COM		594901100	1557	31500	SH		SOLE		19500		12000
Netgear Inc		COM		64111Q104	1242	38300	SH		SOLE		22500		15800
Neustar Inc		CL A		64126X201	1655	64700	SH		SOLE		39700		25000
NewMarket Corp		COM		651587107	1718	10860	SH		SOLE		6720		4140
Newmont Mining Corp	COM		651639106	683	12530	SH		SOLE		11030		1500
Novo-Nordisk A S 	ADR		670100205	22710	181350	SH		SOLE		132020		49330
Nu Skin Enterprises Inc	CL A		67018T105	1265	44000	SH		SOLE		25900		18100
O Reilly Automotive Inc COM		67103H107	20455	356003	SH		SOLE		253700		102303
Occidental Pete Corp DelCOM		674599105	34093	326287	SH		SOLE		241680		84607
Oracle Corp		COM		68389X105	47459	1419550	SH		SOLE		1050520		369030
Panera Bread Co		CL A		69840W108	1797	14150	SH		SOLE		8450		5700
Perrigo Co		COM		714290103	1785	22450	SH		SOLE		13750		8700
PetSmart Inc 		COM		716768106	1447	35350	SH		SOLE		21950		13400
Philip Morris Intl Inc	COM		718172109	1561	23790	SH		SOLE		18790		5000
Potash Corp Sask Inc	COM		73755L107	30593	519155	SH		SOLE		391565		127590
Praxair Inc		COM		74005P104	25019	246256	SH		SOLE		181530		64726
Price T Rowe Group Inc	COM		74144T108	25310	381060	SH		SOLE		282410		98650
Ross Stores Inc		COM		778296103	23818	334901	SH		SOLE		247280		87621
Schein Henry Inc 	COM		806407102	21536	306920	SH		SOLE		222090		84830
Schlumberger Ltd	COM		806857108	36039	386439	SH		SOLE		286685		99754
Shire PLC		SPONSORED ADR	82481R106	22187	254943	SH		SOLE		188470		66473
Skyworks Solutions Inc	COM		83088M102	2131	65800	SH		SOLE		40000		25800
Starbucks Corp		COM		855244109	40421	1093942	SH		SOLE		803090		290852
Stifel Finl Corp	COM		860630102	1636	22800	SH		SOLE		14100		8700
Tech Data Corp		COM		878237106	1597	31400	SH		SOLE		19400		12000
Teradata Corp Del	COM		88076W103	1728	34100	SH		SOLE		21000		13100
Tibco Software Inc	COM		88632Q103	1910	70100	SH		SOLE		43500		26600
Tractor Supply Co	COM		892356106	2017	33700	SH		SOLE		20700		13000
Ulta Salon Cosmetcs&FragCOM		90384S303	1362	28300	SH		SOLE		16600		11700
Union Pac Corp		COM		907818108	52558	534510	SH		SOLE		395490		139020
Verifone Sys Inc	COM		92342Y109	1714	31200	SH		SOLE		18400		12800
Walgreen Co		COM		931422109	38665	963273	SH		SOLE		714430		248843
Waste Connections Inc	COM		941053100	1607	55825	SH		SOLE		32875		22950
Waters Corp		COM		941848103	19339	222544	SH		SOLE		167780		54764
Watson Pharmaceuticals 	COM		942683103	29272	522627	SH		SOLE		391850		130777
Wright Express Corp	COM		98233Q105	1653	31900	SH		SOLE		18800		13100
Yum Brands Inc		COM		988498101	32627	635026	SH		SOLE		477150		157876

	


By (Signature and Title)*  /s/ Jennifer King
			Jennifer King, Senior Vice President

Date: May 4, 2011