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Midcap Stock Portfolio
 
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Supplement [Text Block] ck0001056707_SupplementTextBlock

October 16, 2013


DREYFUS INVESTMENT PORTFOLIOS


-MidCap Stock Portfolio


Supplement to Summary and Statutory Prospectuses


dated May 1, 2013


IMPORTANT NOTICE REGARDING CHANGE IN INVESTMENT POLICY

Risk/Return [Heading] rr_RiskReturnHeading Midcap Stock Portfolio
Strategy [Heading] rr_StrategyHeading The following information is inserted after the first sentence of the first paragraph in the "Principal Investment Strategy" in the Summary prospectus and "Fund Summary - Principal Investment Strategy" in the prospectus and is inserted after the second sentence of the first paragraph and supersedes and replaces the last sentence in the "Fund Details - Goal and Approach" section in the prospectus:
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“The fund currently considers mid-cap companies to be those companies with market capitalizations that fall within the range of companies in the Standard & Poor’s MidCap 400® Index, the fund’s benchmark index.  As of September 30, 2013, the market capitalization range of companies in the Standard & Poor's MidCap 400® Index was between approximately $11.36 billion and $499 million.  The capitalization range varies with market changes and reconstitutions of the index.”