UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Notice of Effectiveness
Effectiveness Date:	January 27, 2012

Accession Number:	0001193125-12-004847
Submission Type:	485APOS
CIK: 0000877670 Company Name: GABELLI EQUITY SERIES FUNDS INC File Number: 033-41913 REFERENCED SERIES/CLASSES (CONTRACTS) Series ID Class/Contract Name S000001061 THE GABELLI EQUITY INCOME FUND C000002850 CLASS A C000002851 CLASS AAA C000002852 CLASS B C000002853 CLASS C C000061072 Class I Series ID Class/Contract Name S000001062 THE GABELLI SMALL CAP GROWTH FUND C000002854 CLASS A C000002855 CLASS AAA C000002856 CLASS B C000002857 CLASS C C000061073 Class I Series ID Class/Contract Name S000001063 THE GABELLI FOCUS FIVE FUND C000002858 CLASS A C000002860 CLASS C C000002861 CLASS AAA C000061074 Class I