<PAGE>      PAGE  1
000 A000000 08/31/2007
000 C000000 0000088051
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 DWS VALUE EQUITY TRUST
001 B000000 811-01444
001 C000000 2124547190
002 A000000 TWO INTERNATIONAL PLACE
002 B000000 BOSTON
002 C000000 MA
002 D010000 02110
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  1
007 C010300  3
007 C020300 DWS Enhanced S&P 500 Index Fund
007 C030300 N
008 A00AA01 DEUTSCHE INVESTMENT MANAGEMENT AMERICAS INC.
008 B00AA01 A
008 C00AA01 801-252
008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10154
008 A00AA02 NORTHERN TRUST INVESTMENTS, N.A.
008 B00AA02 S
008 C00AA02 801-33358
008 D01AA02 CHICAGO
008 D02AA02 IL
008 D03AA02 60675
010 A00AA01 Deutsche Investment Management Americas Inc.
010 B00AA01 801-252
010 C01AA01 New York
010 C02AA01 NY
010 C03AA01 10154
010 A00AA02 STATE STREET BANK AND TRUST COMPANY
010 B00AA02 85-11329
010 C01AA02 BOSTON
010 C02AA02 MA
010 C03AA02 02110
011 A00AA01 DWS SCUDDER DISTRIBUTORS, INC.
011 B00AA01 8-47765
011 C01AA01 CHICAGO
011 C02AA01 IL
<PAGE>      PAGE  2
011 C03AA01 60606
012 A00AA01 DWS SCUDDER INVESTMENTS SERVICE COMPANY
012 B00AA01 84-1713
012 C01AA01 KANSAS CITY
012 C02AA01 MO
012 C03AA01 64105
012 A00AA02 DST SYSTEMS, INC.
012 B00AA02 84-00448
012 C01AA02 KANSAS CITY
012 C02AA02 MO
012 C03AA02 64105
013 A00AA01 PRICEWATERHOUSECOOPERS LLP
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02110
014 A00AA01 Alpha Investment Management S.A.M.
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014 A00AA02 AO DB Securities (Kazakhstan)
014 B00AA02 8-000000
014 A00AA03 BT Opera Trading SA
014 B00AA03 8-000000
014 A00AA04 DB EQUITY LIMITED
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014 A00AA05 DB FOREX CORPORATION
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014 A00AA06 DB International (Asia) Limited
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014 A00AA07 DB SECURITIES S.A.
014 B00AA07 8-000000
014 A00AA08 DB Securities Services NJ Inc.
014 B00AA08 8-000000
014 A00AA09 DB UK Bank Limited
014 B00AA09 8-000000
014 A00AA10 DEAM INVESTOR SERVICES, INC.
014 B00AA10 8-000298
014 A00AA11 Deutsche AlAzizia Financial Services
014 B00AA11 8-000000
014 A00AA12 Deutsche Bank Aktiengesellschaft, Filiale
014 B00AA12 8-000000
014 A00AA13 DEUTSCHE BANK CORRETORA DE VALORES SA
014 B00AA13 8-0
014 A00AA14 DEUTSCHE BANK SECURITIES, INC.
014 B00AA14 8-017822
014 A00AA15 DEUTSCHE BANK SECURITIES LIMITED
014 B00AA15 8-0
014 A00AA16 DEUTSCHE BANK SOCIETA DI INTERMEDIAZIONE
014 B00AA16 8-0
014 A00AA17 Deutsche Bank Societa per Azioni
014 B00AA17 8-000000
014 A00AA18 Deutsche Bank Zartkoruen Mukodo
014 B00AA18 8-000000
<PAGE>      PAGE  3
014 A00AA19 Deutsche Canada Investor Services Co.
014 B00AA19 8-0
014 A00AA20 DEUTSCHE CAPITAL MARKETS AUSTRALIA LTD
014 B00AA20 8-0
014 A00AA21 Deutsche Equities India Private Limited
014 B00AA21 8-000000
014 A00AA22 Deutsche Futures Singapore Pte Ltd
014 B00AA22 8-0
014 A00AA23 Deutsche Regis Partners Inc
014 B00AA23 8-000000
014 A00AA24 DEUTSCHE SECURITIES (INDIA) PRIVATE LIMITED
014 B00AA24 8-0
014 A00AA25 Deutsche Securities (Proprietary) Limited
014 B00AA25 8-000000
014 A00AA26 DEUTSCHE SECURITIES ASIA LIMITED
014 B00AA26 8-0
014 A00AA27 Deutsche Securities Asia Limited, Singapore
014 B00AA27 8-0
014 A00AA28 Deutsche Securities Asia Limited, Taipei
014 B00AA28 8-0
014 A00AA29 Deutsche Securities Australia Limited
014 B00AA29 8-031670
014 A00AA30 DEUTSCHE SECURITIES CORREDORES DE BOLSA LTDA
014 B00AA30 8-0
014 A00AA31 Deutsche Securities Inc.
014 B00AA31 8-000000
014 A00AA32 Deutsche Securities Israel Ltd.
014 B00AA32 8-000000
014 A00AA33 DEUTSCHE SECURITIES KOREA CO.
014 B00AA33 8-0
014 A00AA34 Deutsche Securities Limited
014 B00AA34 8-0
014 A00AA35 Deutsche Securities Menkul Degerler A.S.
014 B00AA35 8-000000
014 A00AA36 Deutsche Securities Sociedad de Bolsa S.A.
014 B00AA36 8-000000
014 A00AA37 Deutsche Securities Venezuela S.A.
014 B00AA37 8-000000
014 A00AA38 Deutsche Securities, S.A.
014 B00AA38 8-000000
014 A00AA39 Deutsche Securities, S.A. de C.V., Bolsa
014 B00AA39 8-000000
014 A00AA40 DMG & PARTNERS SECURITIES PTE LTD
014 B00AA40 8-0
014 A00AA41 DWS Scudder Distributors, Inc.
014 B00AA41 8-000000
014 A00AA42 K & N Kenanga Holdings Bhd
014 B00AA42 8-000000
014 A00AA43 Kenanga Deutsche Futures Sdn Bhd
014 B00AA43 8-000000
014 A00AA44 Mizuho Corporate Bank (Germany)
<PAGE>      PAGE  4
014 B00AA44 8-000000
014 A00AA45 OOO Deutsche Bank
014 B00AA45 8-000000
014 A00AA46 PT. Deutsche Securities Indonesia
014 B00AA46 8-000000
014 A00AA47 PT. Deutsche Verdhana Indonesia
014 B00AA47 8-000000
014 A00AA48 Tilney Investment Management
014 B00AA48 8-000000
014 A00AA49 U.F.G.I.S. Capital Management Limited
014 B00AA49 8-000000
014 A00AA50 U.F.G.I.S. Structured Holdings Limited
014 B00AA50 8-000000
014 A00AA51 U.F.G.I.S. Trading Limited
014 B00AA51 8-000000
014 A00AA52 UFG (UK) Limited
014 B00AA52 8-000000
014 A00AA53 Yieldbroker Pty Ltd.
014 B00AA53 8-000000
014 A00AA54 ZAO United Financial Group
014 B00AA54 8-000000
015 A00AA01 STATE STREET BANK AND TRUST COMPANY
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02110
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00  138
019 C00AA00 DWSFUNDSSS
020 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
020 B000001 13-3247006
020 C000001     11
020 A000002 INVESTMENT TECHNOLOGY GROUP, INC.
020 B000002 95-2848406
020 C000002     10
020 A000003 CITIGROUP GLOBAL MARKETS, INC.
020 B000003 11-2418191
020 C000003      7
020 A000004 JPMORGAN SECURITIES INC.
020 B000004 13-3224016
020 C000004      1
021  000000       29
022 A000001 CASH MANAGEMENT QP TRUST
022 B000001 02-6123123
022 C000001     10846
022 D000001      9729
022 A000002 FOSTER + BRAITHWAITE LIMITED
022 C000002         0
022 D000002       237
<PAGE>      PAGE  5
022 A000003 LEHMAN BROTHERS INC.
022 B000003 12-2518466
022 C000003         0
022 D000003       197
022 A000004 FIRST BOSTON
022 C000004         0
022 D000004       129
022 A000005 MERRILL LYNCH PIERCE FENNER+SMITH,INC
022 B000005 13-5640855
022 C000005        73
022 D000005         0
022 A000006 CHASE SECURITIES INC.
022 B000006 13-3112953
022 C000006        25
022 D000006         0
022 A000007 TRINIDAD INDUSTRIES
022 C000007         0
022 D000007        18
022 A000008 CITIBANK, INC.
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023 C000000      10954
023 D000000      10310
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025 A000301 FEDERATED INVESTORS, INC.
025 C000301 E
025 D000301     137
025 A000302 BB&T CORP.
025 C000302 E
025 D000302     143
025 A000303 LINCOLN NATIONAL CORP.
025 C000303 E
025 D000303     293
025 A000304 AMBAC FINANCIAL GROUP INC.
025 C000304 E
025 D000304     198
025 A000305 American Capital Strategies Ltd.
025 C000305 E
025 D000305      70
025 A000306 CITIGROUP INC.
025 C000306 E
025 D000306    1273
025 A000307 FRANKLIN RESOURCES, INC.
025 C000307 E
025 D000307     145
025 A000308 AMERICAN INTERNATIONAL GROUP, INC.
025 C000308 E
025 D000308    1494
025 A000309 MORGAN STANELY
025 B000309 13-2655985
025 C000309 E
<PAGE>      PAGE  6
025 D000309     480
025 A000310 WELLS FARGO & CO.
025 C000310 E
025 D000310    1132
025 A000311 H&R BLOCK, INC.
025 B000311 38-1961943
025 C000311 E
025 D000311     191
025 A000312 PNC FINANCIAL SERVICES GROUP, INC.
025 C000312 E
025 D000312     162
025 A000313 TORCHMARK, INC.
025 C000313 E
025 D000313     215
025 A000314 BANK OF AMERICA CORP.
025 B000314 36-0947896
025 C000314 E
025 D000314    1580
025 A000315 STATE STREET CORP.
025 B000315 04-1867445
025 C000315 E
025 D000315     117
025 A000316 THE GOLDMAN SACHS GROUP, INC.
025 B000316 13-4019460
025 C000316 E
025 D000316     716
025 A000317 MERRILL LYNCH & CO., INC.
025 B000317 13-5674085
025 C000317 E
025 D000317     665
025 A000318 SUNTRUST BANKS, INC.
025 C000318 E
025 D000318     402
025 A000319 CHARLES SCHWAB CORP.
025 B000319 94-3020521
025 C000319 E
025 D000319      91
025 A000320 JPMORGAN CHASE & CO.
025 B000320 13-3224016
025 C000320 E
025 D000320     661
025 A000321 WACHOVIA CORP.
025 B000321 56-0898180
025 C000321 E
025 D000321     214
025 A000322 PRINCIPAL FINANCIAL GROUP INC.
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025 D000322     259
025 A000323 PRUDENTIAL FINANCIAL INC.
025 B000323 23-3703799
025 C000323 E
<PAGE>      PAGE  7
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025 A000324 JANUS CAPITAL GROUP, INC.
025 B000324 75-3019335
025 C000324 E
025 D000324      66
025 A000325 CB Richard Ellis Group, Inc.
025 C000325 E
025 D000325      44
025 A000326 Ameriprise Financial, Inc.
025 C000326 E
025 D000326     227
025 A000327 BANK OF NEW YORK MELLON CORP.
025 B000327 13-2614959
025 C000327 E
025 D000327     261
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<PAGE>      PAGE  8
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<PAGE>      PAGE  11
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<PAGE>      PAGE  13
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SIGNATURE   PAUL SCHUBERT
TITLE       TREASURER