<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0101</schemaVersion>

    <submissionType>EFFECT</submissionType>

    <act>33</act>

    <testOrLive>LIVE</testOrLive>

    <effectiveData>
        <finalEffectivenessDispDate>2006-08-09</finalEffectivenessDispDate>
        <form>N-14</form>
        <filer>
            <cik>0000277751</cik>
            <entityName>JANUS INVESTMENT FUND</entityName>
            <fileNumber>333-135710</fileNumber>
            <seriesClassContractData>
                <merger>
                    <acquiringCik>0000277751</acquiringCik>
                    <acquiringEntityName>JANUS INVESTMENT FUND</acquiringEntityName>
                    <acquiringSeriesId>S000010474</acquiringSeriesId>
                    <acquiringSeriesName>Janus Orion Fund</acquiringSeriesName>
                    <acquiringClassContractId>C000028933</acquiringClassContractId>
                    <acquiringClassContractName>Janus Orion Fund</acquiringClassContractName>
                    <targetCik>0000277751</targetCik>
                    <targetEntityName>JANUS INVESTMENT FUND</targetEntityName>
                    <targetSeriesId>S000010473</targetSeriesId>
                    <targetSeriesName>Janus Olympus Fund</targetSeriesName>
                    <targetClassContractId>C000028932</targetClassContractId>
                    <targetClassContractName>Janus Olympus Fund</targetClassContractName>
                </merger>
            </seriesClassContractData>
        </filer>
    </effectiveData>
</edgarSubmission>
