24F-2NT

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                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 24F-2

                        Annual Notice of Securities Sold
                             Pursuant to Rule 24f-2

                       Read instructions at end of Form before
                       preparing Form. Please print or type.

1.   Name and address of issuer:               IDS Growth Fund, Inc.
                                               IDS Tower 10
                                               Minneapolis, MN  55440-0010
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2.   Name of each series or class of funds for which this notice is filed:

                Series                                      Class(es) of Shares
         IDS Growth Fund                                    Class A
                                                            Class B
                                                            Class Y

         IDS Research Opportunities Fund                    Class A
                                                            Class B
                                                            Class Y
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3.     Investment Company Act File Number:                  811-2111

       Securities Act File Number:                          2-38355
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4.     Last day of fiscal year for which this notice is filed: July 31, 1997
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5.     Check box if this notice is being filed more than 180 days
       after the close of the issuer's fiscal year for purposes of
       reporting securities sold after the close of the fiscal year
       but before termination of the issuer's 24f-2 declaration:  [ ]
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6.     Date of termination of issuer's declaration under rule 24f-2
       (a)(1), if applicable (see instruction A.6): Not Applicable
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7.     Number and amount of securities of the same class or series
       which had been registered under the Securities Act of 1933
       other than pursuant to rule 24f-2 in a prior fiscal year, but
       which remained unsold at the beginning of the fiscal year:  0
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8.     Number and amount of securities registered during the fiscal
       year other than pursuant to rule 24f-2:                     0
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9.     Number and aggregate sale price of securities sold during the
       fiscal year:     $1,669,730,724
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10.    Number and aggregate sale price of securities sold during the
       fiscal year in reliance upon registration pursuant to rule
       24f-2:           $1,669,730,724
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11. Number and aggregate sale price of securities  issued during the fiscal year
in connection with dividend  reinvestment  plans, if applicable (see Instruction
B.7):  N/A 
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12. Calculation of registration fee:

(i)      Aggregate sale price of securities
         sold during the fiscal year in reliance
         on rule 24f-2 (from Item 10):                  $1,669,730,724

(ii)     Aggregate price of shares issued in
         connection with dividend reinvestment
         plans (from Item 11, if applicable):       +                0

(iii)    Aggregate price of shares redeemed or
         repurchased during the fiscal year
         (if applicable):                           -      810,614,590

(iv)     Aggregate price of shares redeemed or
         repurchased and previously applied as a
         reduction to filing fees pursuant to
         rule 24e-2 (if applicable):                +                0

(v)      Net aggregate price of securities sold and
         issued during the fiscal year in reliance
         on rule 24f-2  [line (i),  plus line (ii),
         less line (iii),  plus line(iv)] 
         (if applicable)                                 $ 859,116,134

(vi)     Multiplier prescribed by Section 6(b)
         of the Securities Act of 1933 or other
         applicable law or regulation
         (see Instruction C.6):                                x1/3300

(vii)    Fee due [line (i) or line (v) multiplied
         by line (vi)]:                                $    260,338.22

Instruction:  Issuers should complete lines (ii),  (iii),  (iv), and (v) only if
the form is being filed within 60 days after the close of the issuer's fiscal
year. See Instruction C.3.
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13.      Check  box if fees  are  being  remitted  to the  Commission's  lockbox
         depository  as  described  in section 3a of the  Commission's  Rules of
         Informal and Other Procedures (17 CFR 202.3a):            [X]

Date of mailing or wire transfer of filing fees to the Commission's lockbox
depository: September 24, 1997
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SIGNATURES

This  report has been  signed  below by the  following  persons on behalf of the
issuer and in the capacities and on the dates indicated.



By ____________________________
     William R. Pearce
     President and Chief Executive Officer

Date:      September 24, 1997

EX-99

EXHIBIT INDEX
(b)(10) OPINION OF COUNSEL

EX-99

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September 24, 1997



IDS Growth Fund, Inc.
IDS Tower 10
Minneapolis, Minnesota  55440-0010

Gentlemen:

I have examined the Articles of Incorporation and the By-Laws of the Company and
all necessary certificates,  permits, minute books, documents and records of the
Company,  and the  applicable  statutes of the State of Minnesota,  and it is my
opinion:

(a)      That the Company is a corporation duly organized and existing under the
         laws of the State of  Minnesota  with an  authorized  capital  stock of
         10,000,000,000  shares,  all of $.01 par value, that such shares may be
         issued  as full or  fractional  shares  and  that  on  July  31,  1997,
         160,094,665 shares were issued and outstanding;

(b)      That all such  authorized  shares  are,  under the laws of the State of
         Minnesota,  redeemable as provided in the Articles of  Incorporation of
         the Company and upon redemption shall have the status of authorized and
         unissued shares;

(c)      That the Company  registered on December 26, 1991 an indefinite  number
         of shares  pursuant to Rule 24f-2 and is  herewith  filing a Rule 24f-2
         Notice covering the shares sold during its Fiscal Period ended July 31,
         1997; and

(d)      That  shares  which  were sold at not less than  their par value and in
         accordance  with  applicable  federal  and state  securities  laws were
         legally issued, fully paid and nonassessable.

I hereby consent that the foregoing  opinion may be used in connection  with the
Rule 24f-2 Notice.

Very truly yours,



William R. Pearce
President and Chief Executive Officer
901 S. Marquette Ave., Suite 2810
Minneapolis, Minnesota  55402-3268