| Davis Appreciation & Income Fund                                                   |                                            |
|----------------------------------------------------------------------------------------|--------------------------------------------|
| A series of Davis Series, Inc.Class/Ticker: A (RPFCX), B (DCSBX), C (DCSCX), Y (DCSYX) | Over 45 Years of Reliable InvestingTM |
| SUMMARY PROSPECTUS                                                                     | May 1, 2015                                |
| Shareholder Fees (fees paid directly from your investment)                                                                                          | Class A shares | Class B shares | Class C shares | Class Y shares |
|-----------------------------------------------------------------------------------------------------------------------------------------------------|----------------|----------------|----------------|----------------|
| Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)                                                                | 4.75%          | None           | None           | None           |
| Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of the net asset value of the shares redeemed or the total cost of such shares) | 0.50%*         | 4.00%          | 1.00%          | None           |
| Redemption Fee (as a percentage of total redemption proceeds)                                                                                       | None           | None           | None           | None           |
| Annual Fund Operating Expenses(expenses that you pay each year as a percentage of the value of your investment) | Class A shares | Class B shares | Class C shares | Class Y shares |
|-----------------------------------------------------------------------------------------------------------------|----------------|----------------|----------------|----------------|
| Management Fees                                                                                                 | 0.55%          | 0.55%          | 0.55%          | 0.55%          |
| Distribution and/or service (12b-1) Fees                                                                        | 0.15%          | 1.00%          | 1.00%          | 0.00%          |
| Other Expenses                                                                                                  | 0.17%          | 0.32%          | 0.17%          | 0.17%          |
| Total Annual Operating Expenses                                                                                 | 0.87%          | 1.87%          | 1.72%          | 0.72%          |
|           | If you sell your shares in: | You would pay the following expenses if you did not redeem your shares: |
|----------------|-----------------------------|-------------------------------------------------------------------------|
|           | 1 Year                      | 3 Years                                                                 | 5 Years | 10 Years | 1 Year | 3 Years | 5 Years | 10 Years |
| Class A shares | $ 560                       | $ 739                                                                   | $ 934 | $ 1,497 | $ 560 | $ 739 | $ 934 | $ 1,497 |
| Class B shares | 590                         | 888                                                                     | 1,211 | 1,805 | 190 | 588 | 1,011 | 1,805 |
| Class C shares | 275                         | 542                                                                     | 933 | 2,030 | 175 | 542 | 933 | 2,030 |
| Class Y shares | 74                          | 230                                                                     | 401 | 894 | 74 | 230 | 401 | 894 |
| Highest/Lowest quarterly results during this time period were: |
|----------------------------------------------------------------|
| Highest                                                        | 23.58% for the quarter ended September 30, 2009 |
| Lowest                                                         | (28.75)% for the quarter ended December 31, 2008 |
|                                                                            | Past 1 Year | Past 5 Years | Past 10 Years |
|---------------------------------------------------------------------------------|-------------|--------------|---------------|
| Class A shares return before taxes                                         | 0.37%       | 9.26%        | 5.40%         |
| Class A shares return after taxes on distributions                         | 0.13%       | 8.94%        | 4.74%         |
| Class A shares return after taxes on distributions and sale of fund shares | 0.41%       | 7.32%        | 4.22%         |
| Class B shares return before taxes                                              | 0.32%       | 9.01%        | 5.27%         |
| Class C shares return before taxes                                              | 3.48%       | 9.43%        | 5.05%         |
| Class Y shares return before taxes                                              | 5.52%       | 10.53%       | 6.15%         |
| S&P 500 Index reflects no deduction for fees, expenses, or taxes            | 13.69%      | 15.45%       | 7.67%         |
|         | Experience with this Fund | Primary Title with Investment Adviser or Sub-Adviser |
|--------------|---------------------------|------------------------------------------------------|
| Andrew Davis | Since February 1993       | President, Davis Selected Advisers, L.P.             |
| Keith Sabol  | Since September 2005      | Vice President, Davis Selected Advisers-NY, Inc.     |
|                          | Class A and C shares | Class Y shares |
|-------------------------------|----------------------|----------------|
| Minimum Initial Investment    | $1,000               | $5,000,000     |
| Minimum Additional Investment | 25                   | 25             |