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      <invstOrSec>
        <name>DEVELOPED INTERNATIONAL INDEX</name>
        <lei>N/A</lei>
        <title>DEVELOPED INTERNATIONAL INDEX</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal" value="707599791"/>
        </identifiers>
        <balance>337357.74100000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7583802.02000000</valUSD>
        <pctVal>3.973360741770</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MID CAP GROWTH FUND</name>
        <lei>N/A</lei>
        <title>MID CAP GROWTH FUND</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal" value="707599700"/>
        </identifiers>
        <balance>91439.15900000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3717916.20000000</valUSD>
        <pctVal>1.947917710841</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LARGE GROWTH STOCK</name>
        <lei>N/A</lei>
        <title>LARGE GROWTH STOCK</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal" value="707563102"/>
        </identifiers>
        <balance>52238.28800000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5719047.77000000</valUSD>
        <pctVal>2.996365125262</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SMID CAP VALUE FUND</name>
        <lei>N/A</lei>
        <title>SMID CAP VALUE FUND</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal" value="707599825"/>
        </identifiers>
        <balance>44237.79800000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1887626.84000000</valUSD>
        <pctVal>0.988979190304</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LARGE CAP GROWTH FUND</name>
        <lei>N/A</lei>
        <title>LARGE CAP GROWTH FUND</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal" value="707599882"/>
        </identifiers>
        <balance>39548.57400000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1916919.38000000</valUSD>
        <pctVal>1.004326351023</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SMID CAP GROWTH FUND</name>
        <lei>N/A</lei>
        <title>SMID CAP GROWTH FUND</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="707599833"/>
        </identifiers>
        <balance>36871.96600000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1872358.43000000</valUSD>
        <pctVal>0.980979653828</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REIT FUND</name>
        <lei>N/A</lei>
        <title>REIT FUND</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal" value="707599866"/>
        </identifiers>
        <balance>217951.85400000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7617417.30000000</valUSD>
        <pctVal>3.990972703886</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LARGE CORE VALUE FUND</name>
        <lei>N/A</lei>
        <title>LARGE CORE VALUE FUND</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal" value="707599841"/>
        </identifiers>
        <balance>105906.93600000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3834890.15000000</valUSD>
        <pctVal>2.009203553946</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Penn Series Large Cap Value Fund</name>
        <lei>T4ZMVT2X0OKJVCEE0P88</lei>
        <title>Penn Series Large Cap Value Fund</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal" value="707613105"/>
        </identifiers>
        <balance>104416.28000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5720967.98000000</valUSD>
        <pctVal>2.997371175659</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INDEX 500 FUND</name>
        <lei>N/A</lei>
        <title>INDEX 500 FUND</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal" value="707599403"/>
        </identifiers>
        <balance>629842.54200000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>38325918.68000000</valUSD>
        <pctVal>20.07999421316</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Penn Series International Equity Fund</name>
        <lei>1M74GDLH06HJWJRYBR07</lei>
        <title>Penn Series International Equity Fund</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal" value="707599205"/>
        </identifiers>
        <balance>161939.08000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7517212.09000000</valUSD>
        <pctVal>3.938472461068</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FLEXIBLY MANAGED FUND</name>
        <lei>N/A</lei>
        <title>FLEXIBLY MANAGED FUND</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal" value="707583100"/>
        </identifiers>
        <balance>145496.39700000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17186034.41000000</valUSD>
        <pctVal>9.004232211141</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EMERGING MARKETS EQUITY FUND</name>
        <lei>N/A</lei>
        <title>EMERGING MARKETS EQUITY FUND</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal" value="707599817"/>
        </identifiers>
        <balance>146915.41000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1908431.18000000</valUSD>
        <pctVal>0.999879151510</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-11-24</ncom:dateSigned>
      <ncom:nameOfApplicant>Penn Series Funds Inc</ncom:nameOfApplicant>
      <ncom:signature>Steven Viola</ncom:signature>
      <ncom:signerName>Steven Viola</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
