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

    <schemaVersion>X0101</schemaVersion>

    <submissionType>EFFECT</submissionType>

    <act>33</act>

    <testOrLive>LIVE</testOrLive>

    <effectiveData>
        <finalEffectivenessDispDate>2011-02-23</finalEffectivenessDispDate>
        <accessionNumber>0000005138-11-000006</accessionNumber>
        <submissionType>485APOS</submissionType>
        <filer>
            <cik>0000005138</cik>
            <entityName>AMERICAN GROWTH FUND INC</entityName>
            <fileNumber>002-14543</fileNumber>
            <seriesClassContractData>
                <existing>
                    <seriesId>S000030968</seriesId>
                    <seriesName>AMERICAN GROWTH FUND Series Two</seriesName>
                    <classContractId>C000096005</classContractId>
                    <classContractName>SERIES TWO CLASS E</classContractName>
                </existing>
                <existing>
                    <seriesId>S000030968</seriesId>
                    <seriesName>AMERICAN GROWTH FUND Series Two</seriesName>
                    <classContractId>C000096006</classContractId>
                    <classContractName>SERIES TWO CLASS F</classContractName>
                </existing>
            </seriesClassContractData>
        </filer>
    </effectiveData>
</edgarSubmission>
