<TABLE> <S> <C>


<ARTICLE>                                                                      6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE MICROCAP
FUND,  INC.'S  QUARTERLY  REPORT ON FORM 10-Q FOR THE PERIOD ENDED  NOVEMBER 30,
1995 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                                                                          <C>
<PERIOD-TYPE>                                                              9-MOS
<FISCAL-YEAR-END>                                                    FEB-29-1996
<PERIOD-START>                                                       MAR-01-1995
<PERIOD-END>                                                         NOV-30-1995
<INVESTMENTS-AT-COST>                                                  5,936,806
<INVESTMENTS-AT-VALUE>                                                 7,129,650
<RECEIVABLES>                                                            663,617
<ASSETS-OTHER>                                                           151,400
<OTHER-ITEMS-ASSETS>                                                   9,238,487
<TOTAL-ASSETS>                                                        17,183,154
<PAYABLE-FOR-SECURITIES>                                                       0
<SENIOR-LONG-TERM-DEBT>                                                        0
<OTHER-ITEMS-LIABILITIES>                                                217,990
<TOTAL-LIABILITIES>                                                      217,990
<SENIOR-EQUITY>                                                                0
<PAID-IN-CAPITAL-COMMON>                                              19,536,706
<SHARES-COMMON-STOCK>                                                  2,108,096
<SHARES-COMMON-PRIOR>                                                  2,204,000
<ACCUMULATED-NII-CURRENT>                                              (100,138)
<OVERDISTRIBUTION-NII>                                                  (95,219)
<ACCUMULATED-NET-GAINS>                                              (2,515,688)
<OVERDISTRIBUTION-GAINS>                                                       0
<ACCUM-APPREC-OR-DEPREC>                                               1,192,844
<NET-ASSETS>                                                          16,965,164
<DIVIDEND-INCOME>                                                              0
<INTEREST-INCOME>                                                        648,126
<OTHER-INCOME>                                                                 0
<EXPENSES-NET>                                                           748,264
<NET-INVESTMENT-INCOME>                                                (100,138)
<REALIZED-GAINS-CURRENT>                                               (727,359)
<APPREC-INCREASE-CURRENT>                                              1,157,456
<NET-CHANGE-FROM-OPS>                                                    329,959
<EQUALIZATION>                                                                 0
<DISTRIBUTIONS-OF-INCOME>                                                      0
<DISTRIBUTIONS-OF-GAINS>                                                       0
<DISTRIBUTIONS-OTHER>                                                          0
<NUMBER-OF-SHARES-SOLD>                                                        0
<NUMBER-OF-SHARES-REDEEMED>                                                    0
<SHARES-REINVESTED>                                                            0
<NET-CHANGE-IN-ASSETS>                                                 (871,286)
<ACCUMULATED-NII-PRIOR>                                                 (95,219)
<ACCUMULATED-GAINS-PRIOR>                                            (1,788,329)
<OVERDISTRIB-NII-PRIOR>                                                 (95,219)
<OVERDIST-NET-GAINS-PRIOR>                                                     0
<GROSS-ADVISORY-FEES>                                                          0
<INTEREST-EXPENSE>                                                             0
<GROSS-EXPENSE>                                                                0
<AVERAGE-NET-ASSETS>                                                  17,340,119
<PER-SHARE-NAV-BEGIN>                                                          0
<PER-SHARE-NII>                                                                0
<PER-SHARE-GAIN-APPREC>                                                        0
<PER-SHARE-DIVIDEND>                                                           0
<PER-SHARE-DISTRIBUTIONS>                                                      0
<RETURNS-OF-CAPITAL>                                                           0
<PER-SHARE-NAV-END>                                                            0
<EXPENSE-RATIO>                                                                0
<AVG-DEBT-OUTSTANDING>                                                         0
<AVG-DEBT-PER-SHARE>                                                           0
        


</TABLE>