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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 scBAF8/P5Fb6/E4RlaawEw==

<SEC-DOCUMENT>0000950147-97-000682.txt : 19971007
<SEC-HEADER>0000950147-97-000682.hdr.sgml : 19971007
ACCESSION NUMBER:		0000950147-97-000682
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19971006
SROS:			NONE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FREMONT MUTUAL FUNDS INC
		CENTRAL INDEX KEY:			0000837389
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-23453
		FILM NUMBER:		97691324

	BUSINESS ADDRESS:	
		STREET 1:		50 FREMONT ST STE 3600
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94105
		BUSINESS PHONE:		4157685461

	MAIL ADDRESS:	
		STREET 1:		312 WALNUT STREET 21ST FLOOR
		CITY:			CINCINNATI
		STATE:			OH
		ZIP:			45202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SIERRA MUTUAL FUNDS INC
		DATE OF NAME CHANGE:	19881113
</SEC-HEADER>
<DOCUMENT>
<TYPE>497
<SEQUENCE>1
<DESCRIPTION>FORM 497
<TEXT>

                           FREMONT MUTUAL FUNDS, INC.

     SUPPLEMENT DATED OCTOBER 1, 1997 TO THE PROSPECTUS DATED MARCH 1, 1997

     Effective October 1, 1997, the Fremont Mutual Funds are distributed by
            First Fund Distributors, Inc., San Francisco, CA 94105.
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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