Volumetric Fund, Inc.

87 Violet Drive

Pearl River, NY 10965

Dear Shareholder:

     April 30, 2015

It is my pleasure to invite you to the 2015 Annual Meeting of shareholders at 8:00 p.m. on Wednesday evening, June 24, 2015, at the Holiday Inn, in Orangeburg, New York.

At the meeting, we will report on Volumetric Fund’s year-to-date and 2014 performance. In addition, as described in the accompanying Notice and Proxy Statement, you will be asked to elect nine directors and ratify the appointment of BBD, LLP, as the independent registered public accounting firm of the Fund for 2015. Previously we mailed you Volumetric Fund’s 2014 Annual Report.

A proxy is enclosed with the notice of meeting and the proxy statement. The vote of every shareholder is important. Therefore, regardless of whether or not you plan to attend the meeting, we would appreciate it, if you would sign and date the proxy and return it to us promptly in the enclosed envelope. Since desserts and refreshments will be served at the meeting, please indicate on the proxy if you plan to attend.

I look forward to seeing you at the meeting.

             Sincerely,

Gabriel J. Gibs

Chairman and Chief Executive Officer

VOLUMETRIC FUND, INC.

Notice of Annual Meeting of Shareholders

June 24, 2015

The Annual Meeting of shareholders of Volumetric Fund, Inc., a New York Corporation, will be held at the Holiday Inn, 329 Route 303, Orangeburg, New York, Wednesday, June 24, 2015, at 8:00 p.m., Eastern Standard Time, for the purpose of:

1.

To elect nine (9) directors to hold office until the next annual meeting of shareholders and until their successors are elected to qualify;

2.

To consider and act upon the selection of the firm of BBD,  LLP, as the independent registered accounting firm of  the Fund;

3.

To transact such other business as may properly come before the meeting.

Shareholders of record at the close of business on Thursday, April 23, 2015 will be entitled to receive this notice and to vote at the meeting.

By Order of the Board of Directors

Pearl River, New York

Irene J. Zawitkowski

April 30, 2015

               President and Secretary

SHAREHOLDERS WHO DO NOT EXPECT TO ATTEND THE MEETING IN PERSON ARE REQUESTED TO SIGN AND PROMPTLY RETURN THE ENCLOSED PROXY THAT IS SOLICITED BY THE BOARD OF DIRECTORS. PLEASE USE THE ENCLOSED PREPAID ENVELOPE IN RETURNING YOUR PROXY.

VOLUMETRIC FUND, INC.

87 Violet Drive, Pearl River, New York 10965

PROXY STATEMENT

ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON JUNE 24, 2015

The accompanying proxy is solicited by the Board of Directors of Volumetric Fund, Inc. (the “Fund”) for use at the Annual Meeting of Shareholders to be held on June 24, 2015, and any adjournments thereof. When such proxy is properly executed and returned, the shares it represents will be voted at the meeting and at any adjournments thereof. Any shareholder giving a proxy has the power to revoke it at any time before it is voted. Presence at the meeting of a shareholder who has signed the proxy does not alone revoke the proxy; the proxy may be revoked by a later dated proxy or notice to the Secretary at the meeting.

At the Annual Meeting shareholders will be asked to:

1.

To elect nine (9) directors to hold office until the next annual meeting of shareholders and until their

                                                      successors are elected to qualify;

2.

To consider and act upon the selection of  BBD, L.L.P., as the  independent registered accounting firm of the Fund;

3.

To transact such other business as may properly come before the meeting.

Shareholders of record at the close of business day on Thursday, April 23, 2015, will be entitled to vote at the meeting. Each share of stock is entitled to one vote.

At the close of business day on April 23, 2015 the Fund had 1,437,126.055 shares of common stock outstanding.  

1. ELECTION OF DIRECTORS

 The Board of Directors recommends that nine nominees for director to be elected at the annual meeting, each to hold office until next year’s annual meeting and until the election and qualification of a successor.  The election of directors requires the affirmative vote of the holders of a plurality of the Common Stock voting at the meeting. It is intended that proxies in the accompanying form which do not withhold authority to vote for any or all of the nominees will be voted for the election of directors named on the subsequent page, all of whom are currently directors. Should any nominee become unable or unwilling to serve as a director, the proxies will be voted in favor of the remainder of those named and may be voted for substitute nominees who are not candidates. The Board of Directors has no reason to believe that any nominee will be unavailable for election when the election occurs.

Directors, who are not salaried employees of Volumetric Advisers, Inc. (the “Adviser”), 87 Violet Drive, Pearl River, NY 10965, receive a fee for each Board or committee meeting they attend. Directors’ fees had no effect on the Fund’s expenses and expense ratio since all of their fees were paid by the Adviser. The full Board of Directors met three times and the independent directors met three times during 2014. In addition, the Audit Committee met twice and the Governance & Nominating committee met once in the same period.    

Nominated directors as a group beneficially owned 180,696.612 shares or 12.576% of the outstanding shares of the Fund on April 23. 2015.  This includes shares beneficially owned by spouses or joint accounts with spouses; also directors’ custodian or trust accounts for their minors. In addition to the directors, the Adviser, whose principal shareholder is Mr. Gibs, is the owner of 1.8% of the outstanding shares. Dollar range shareholdings of directors in Volumetric Fund, as of April 23, 2015, are shown in the following table. The following categories are used for the dollar ranges: over $100,000 is A; $50,001-$100,000 is B; $25,001-$50,000 is C; $10,001-$25,000 is D; $1-$10,000 is E.  

The information for the nominated directors, concerning their age and occupation for the past 5 years, has been furnished to the Fund by the nominees. Nominees, who are “interested persons” of the Fund, as defined by the Investment Company Act of 1940, are indicated by an asterisk.       

             Director                                                             Occupation                                                                  Director Holdings,

                                                                                                                                Age         Since      $ Range

Richard Brega Jr. (3)           500 Corporate Court     Valley Cottage, NY 10989	Founder and President of Brega Transport Corp. since inception in 2002.	47	2014	C
Gabriel J. Gibs*                 87 Violet Drive                       Pearl River, NY 10965	Founder, Chairman and Chief Executive Officer of the Fund since inception in 1978. He is Portfolio Co-Manager of the Fund. Prior to 2003, he was also its President. Mr. Gibs is President of Volumetric Advisers, Inc., the Fund’s investment adviser.	78	1978	A
Josef Haupl (1)                    9 Grove Place          Mountain Lakes, NJ 07046	Engineering Consultant to the chemical industry, since 2002. Previously, Director of Technology of Lurgi PSI, an engineering and construction services company for the chemical industry.	70	2004	A
Alexandre M. Olbrecht (3)         66 Main Street              Yonkers, NY 10701	Associate Professor of Economics, Anisfield School of Business at Ramapo College of New Jersey, since 2005. Executive Director emeritus of the Eastern Economic Association.	37	2012	D
Stephen J. Samitt (1), (4)                            Volumetric Fund, Inc. 87 Violet Drive Pearl River, NY 10965	Stephen Samitt, CPA, LLC since 2008. Previously Principal, Briggs Bunting & Dougherty, LLP, certified public accountants, since 1997. Previously, Partner, Tait, Weller & Baker, a full service accounting firm. He was elected by the Board as the Fund’s financial expert.	74	1996	A
Allan A. Samuels (2) Rockland Business Assoc.  One Blue Hill Plaza         P.O. Box 1567                Pearl River, NY 10965	President and CEO of Rockland Business Association (RBA) since 2001. RBA is a non-profit organization of about 1000 businesses in Rockland County, NY, for the advancement of its members via public relations, seminars, networking and legislation. He is also Board member of several non-profit and business organizations	77	2007	C
David L. Seidenberg (3)                      29 Shaw Road            Woodcliff Lake, NJ  07677	President, SQ Ventures, LLC, since 2002. Previously he was Vice President of Davos Chemical Company since 1972.	68	1983	A
Raymond W. Sheridan (1)   R. Sheridan Financial        19E. Washington Ave.      Pearl River, NY 10965	President, Raymond Sheridan Financial, Inc., insurance and financial services. Previously, Mr. Sheridan was Vice President and Treasurer of the Fund between 1997 and 2005.	64	1995	A
Irene J. Zawitkowski*     Volumetric Fund, Inc.         87 Violet Drive Pearl River, NY 10965	President, Chief Operating Officer and Portfolio Co-Manager of the Fund since 2003. She has been Secretary and also officer in various capacities, including Executive Vice President, since inception in 1978. Ms. Zawitkowski  is also Executive Vice President of Volumetric Advisers, Inc.	62	1978	A

(1) Member of the Governance & Nominating Committee.

(2) Chairman of the Governance & Nominating Committee.

(3) Member of the Audit Committee.

(4) Chairman of the Audit Committee.

2. INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

Volumetric Fund’s Board of Directors has selected BBD, LLP, 1835 Market Street, Philadelphia, PA 19103, as its independent registered public accounting firm for the fiscal year commencing January 1, 2015. Representatives of BBD, LLP may not be in attendance at the annual meeting, but will be available, as necessary, to answer questions from shareholders present at the meeting.

3. OTHER MATTERS

The Financial Statements of the Fund are not set forth in the proxy statement, since they were included in the Annual Report of the Fund for fiscal year ended December 31, 2014, which has been mailed to all shareholders. The cost of preparing, assembling and mailing this proxy statement will be born by the Adviser.

The Board of Directors at their December 11, 2014, meeting approved the renewal of the Investment Advisory Contract between Volumetric Fund, Inc. and Volumetric Advisers, Inc. The Board discussed various factors that formed the basis for their renewal of the contract: 1) Volumetric Advisers, Inc. uses a proven, proprietary technique for managing the Fund’s portfolio; 2) the Fund’s performance indicates that it has outperformed the Standard & Poor 500 Index seven times in the past fourteen years; 3) the Fund’s expense ratio is in line with other no-load mutual fund’s of similar size. Furthermore, as the Fund’s assets grow, the expense ratio decreases on a sliding scale, as indicated in the Prospectus.

The Board of Directors knows of no other matter to be brought before this Annual Meeting. However, if other matters should come before the meeting, it is the intention of each person named in the proxy to vote such proxy in accordance with his or her judgment in such matters.