Putnam Investments, LLC
                              One Post Office Square
                              Boston, MA 02109
                              March 4, 2002

Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC  20549

RE: The Putnam Fund for Growth & Income (Reg. No. 2-13644) (811-781)
    (the "Fund")
    Post-Effective Amendment No. 105 to Registration Statement on Form N-1A

Ladies and Gentlemen:

Pursuant to Rule 497(j) under the Securities Act of 1933, as amended,
the Fund hereby certifies that the form of Prospectus and Statement of
Additional Information that would have been filed on behalf of the Fund
pursuant to Rule 497(c) upon the effectiveness of Post-Effective
Amendment No. 105 to the Fund's Registration Statement on Form N-1A (the
"Amendment") would not have differed from that contained in the
Amendment, which is the most recent amendment to such Registration
Statement and was filed electronically on February 28, 2002.

Comments or questions concerning this certificate may be directed to
Kathleen Moynihan at 1-800-225-2465, ext. 1-1796.

                              Very truly yours,

                              THE PUTNAM FUND FOR GROWTH AND INCOME

                              /s/ Gordon H. Silver
                          By: ----------------------------
                              Gordon H. Silver
                              Vice President


cc: Charles Larsen, Esq.
    Ropes & Gray