DREYFUS FUND INC (Prospectus Summary) | DREYFUS FUND INC

Fund Summary

Investment Objective

The fund seeks long-term capital growth consistent with the preservation of capital.

Current income is a secondary investment objective.

Fees and Expenses

This table describes the fees and expenses that you may pay if you buy and hold
shares of the fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

Annual Fund Operating Expenses	DREYFUS FUND INC
Management fees	0.65%
Other expenses	0.12%
Total annual fund operating expenses	0.77%

Example

The Example is intended to help you compare the cost of investing in the fund
with the cost of investing in other mutual funds. The Example assumes that you
invest $10,000 in the fund for the time periods indicated and then redeem all of
your shares at the end of those periods. The Example also assumes that your
investment has a 5% return each year and that the fund's operating expenses
remain the same. Although your actual costs may be higher or lower, based on
these assumptions your costs would be:

Expense Example (USD $)	Expense Example, With Redemption, 1 Year	Expense Example, With Redemption, 3 Years	Expense Example, With Redemption, 5 Years	Expense Example, With Redemption, 10 Years
DREYFUS FUND INC	79	246	428	954

Portfolio Turnover

The fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover may
indicate higher transaction costs and may result in higher taxes when fund
shares are held in a taxable account. These costs, which are not reflected in
annual fund operating expenses or in the example, affect the fund's performance.
During the most recent fiscal year, the fund's portfolio turnover rate was
67.60% of the average value of its portfolio.

Principal Investment Strategy

To pursue its goals, the fund primarily invests in common stocks issued by U.S.
companies. The fund may invest up to 20% of its assets in foreign securities.

In choosing stocks, the fund's portfolio managers focus on large-capitalization
companies with strong positions in their industries and a catalyst that can trigger
a price increase (such as a corporate restructuring or change in management). The
portfolio managers use fundamental analysis to create a broadly diversified portfolio
comprised of growth stocks, value stocks and stocks that exhibit characteristics of
both investment styles. The portfolio managers attempt to measure a security's
instrinsic value by analyzing "real" data (company financials, economic outlook,
etc.) and other factors (management, industry conditions, competition, etc.) and
select stocks based on value, growth and financial profile.

Principal Risks

An investment in the fund is not a bank deposit. It is not insured or guaranteed
by the Federal Deposit Insurance Corporation (FDIC) or any other government
agency. It is not a complete investment program. The fund's share price
fluctuates, sometimes dramatically, which means you could lose money.

o Risks of stock investing. Stocks generally fluctuate more in value than bonds
and may decline significantly over short time periods. There is the chance that
stock prices overall will decline because stock markets tend to move in cycles,
with periods of rising prices and falling prices. The market value of a stock
may decline due to general weakness in the stock market or because of factors
that affect the company or its particular industry.

o Growth and value stock risk. By investing in a mix of growth and value
companies, the fund assumes the risks of both. Investors often expect growth
companies to increase their earnings at a certain rate. If these expectations
are not met, investors can punish the stocks inordinately, even if earnings do
increase. In addition, growth stocks typically lack the dividend yield that can
cushion stock prices in market downturns. Value stocks involve the risk that
they may never reach their expected full market value, either because the market
fails to recognize the stock's intrinsic worth, or the expected value was
misgauged. They also may decline in price even though in theory they are already
undervalued.

o Large cap stock risk. To the extent the fund invests in large capitalization
stocks, the fund may underperform funds that invest primarily in the stocks of
lower quality, smaller capitalization companies during periods when the stocks
of such companies are in favor.

o Market sector risk. The fund may significantly overweight or underweight
certain companies, industries or market sectors, which may cause the fund's
performance to be more or less sensitive to developments affecting those
companies, industries or sectors.

o Foreign investment risk. Special risks associated with investments in foreign
issuers include exposure to currency fluctuations, less liquidity, less
developed or less efficient trading markets, lack of comprehensive company
information, political and economic instability and differing auditing and legal
standards.

Performance

The following bar chart and table provide some indication of the risks of
investing in the fund. The table compares the average annual total returns
of the fund's shares to those of a broad measure of market performance. The
fund's past performance (before and after taxes) is no guarantee of future
results. More recent performance information may be available at www.dreyfus.com.

The bar chart shows changes in the performance of the fund's shares from
year to year.

Year-by-Year Total Returns as of 12/31 each year (%)

Best Quarter              
Q3, 2009: 18.17%          
Worst Quarter             
Q4, 2008: -22.66%

After-tax returns are calculated using the historical highest individual federal
marginal tax rates, and do not reflect the impact of state and local taxes.
Actual after-tax returns depend on the investor's tax situation and may differ
from those shown, and the after-tax returns shown are not relevant to investors
who hold their shares through tax-deferred arrangements such as 401(k) plans or
individual retirement accounts.

Average Annual Total Returns (as of 12/31/11)

Average Annual Total Returns	Average Annual Returns, Label	Average Annual Returns, 1 Year	Average Annual Returns, 5 Years	Average Annual Returns, 10 Years
DREYFUS FUND INC	Fund returns before taxes	(5.05%)	(1.07%)	1.98%
DREYFUS FUND INC After Taxes on Distributions	Fund returns after taxes on distributions	(5.21%)	(1.59%)	1.39%
DREYFUS FUND INC After Taxes on Distributions and Sales	Fund returns after taxes on distributions and sale of fund shares	(3.06%)	(0.93%)	1.66%
DREYFUS FUND INC S&P 500® Index	S&P 500® Index reflects no deduction for fees, expenses or taxes	2.09%	(0.25%)	2.92%