<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0101</schemaVersion>

    <submissionType>EFFECT</submissionType>

    <act>33</act>

    <testOrLive>LIVE</testOrLive>

    <effectiveData>
        <finalEffectivenessDispDate>2017-04-10</finalEffectivenessDispDate>
        <accessionNumber>0001628280-17-002990</accessionNumber>
        <submissionType>485APOS</submissionType>
        <filer>
            <cik>0000899148</cik>
            <entityName>RYDEX SERIES FUNDS</entityName>
            <fileNumber>033-59692</fileNumber>
            <seriesClassContractData>
                <existing>
                    <seriesId>S000012221</seriesId>
                    <seriesName>S&amp;P 500 Fund</seriesName>
                    <classContractId>C000033368</classContractId>
                    <classContractName>Class A</classContractName>
                </existing>
                <existing>
                    <seriesId>S000012221</seriesId>
                    <seriesName>S&amp;P 500 Fund</seriesName>
                    <classContractId>C000033369</classContractId>
                    <classContractName>Class C</classContractName>
                </existing>
            </seriesClassContractData>
        </filer>
    </effectiveData>
</edgarSubmission>
