As filed with the Securities and Exchange Commission on November 14, 2012

File No. 33-8982

ICA No. 811-4852

U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form N-1A

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933	x
Pre-Effective Amendment No.	o

Post-Effective Amendment No. 102 x

And
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940	x

Amendment No. 103

The Victory Portfolios

(Exact name of Registrant as Specified in Trust Instrument)

3435 Stelzer Road

Columbus, Ohio 43219

(Address of Principal Executive Office)

(800) 539-3863

(Area Code and Telephone Number)

Copy to:

Charles Booth CITI Fund Services Ohio, Inc. 3435 Stelzer Road Columbus, Ohio 43219 (Name and Address of Agent for
Service) Christopher K. Dyer The Victory Portfolios 4900 Tiedeman Road, 4th Floor Brooklyn, Ohio 44144 Jay G. Baris
Morrison & Foerster LLP
1290 Avenue of the Americas
New York, New York 10104-0050

Approximate Date of Proposed Public Offering:  As soon as practicable after this registration statement becomes effective.

It is proposed that this filing will become effective:

x  Immediately upon filing pursuant to paragraph (b) o  on November 1, 2012 pursuant to paragraph (b)

£  60 days after filing pursuant to paragraph (a)(1) £  on (date) pursuant to paragraph (a)(1)

£  75 days after filing pursuant to paragraph (a)(2) o  on (date) pursuant to paragraph (a)(2) of rule 485.

If appropriate, check the following box:

o  this post-effective amendment designates a new effective date for a previously filed post-effective amendment.

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, Registrant certifies that it meets all of the requirements for effectiveness of this Registration Statement under Rule 485(b) under the Securities Act and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York and State of New York, on the 14th day of November, 2012.

THE VICTORY PORTFOLIOS
(Registrant)
By:	/s/ Michael D. Policarpo, II
	Michael D. Policarpo, II, President

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons in the capacities indicated on the 14th day of November, 2012.

/s/ Michael D. Policarpo, II	President
Michael D. Policarpo, II
/s/ Christopher E. Sabato	Treasurer
Christopher E. Sabato
*	Chairman of the Board and Trustee
Leigh A. Wilson
*	Trustee
David Brooks Adcock
*	Trustee
Nigel D. T. Andrews
*	Trustee
Teresa C. Barger
*	Trustee
E. Lee Beard
*	Trustee
David C. Brown
*	Trustee
Sally M. Dungan
*	Trustee
David L. Meyer
*	Trustee
Karen F. Shepherd

*By:	/s/ Jay G. Baris
	Jay G. Baris
	Attorney-in-Fact

INDEX TO EXHIBITS

EXHIBIT NO.	DESCRIPTION OF EXHIBIT	PAGE NO.
	Risk/return summary of each Fund’s prospectus as an Interactive Data File using eXtensible Business Reporting Language (“XBRL”)