485B24E

PAGE 1
                     SECURITIES AND EXCHANGE COMMISSION

                           Washington, D.C.  20549

                                  Form N-1A


REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933                


Post-Effective Amendment No.   80   (File No. 2-10700)          X  

                                   and/or

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940        

Amendment No.   30   (File No. 811-499)                         X  

IDS SELECTIVE FUND
IDS Tower 10, Minneapolis, MN  55440

Leslie L. Ogg - 901 S. Marquette Avenue, Suite 2810,
Minneapolis, MN  55402-3268 
(612) 330-9283

Approximate Date of Proposed Public Offering:

It is proposed that this filing will become effective (check
appropriate box)
  X  immediately upon filing pursuant to paragraph (b)
     on (date) pursuant to paragraph (b)
     60 days after filing pursuant to paragraph (a)(i)
     on (date) pursuant to paragraph (a)(i)
     75 days after filing pursuant to paragraph (a)(ii)
     on (date) pursuant to paragraph (a)(ii) of rule 485.
If appropriate, check the following box:
     this post-effective amendment designates a new effective date for a
previously filed post-effective amendment.


_______________________________________________________________________________
                                     Proposed       Proposed      
Title of                             Maximum        Maximum       
Securities           Amount          Offering       Aggregate      Amount of
Being                Being           Price per      Offering       Registration
Registered           Registered      Unit1          Price2         Fee         
                                                               
Capital Stock                                                     
of $.01 par                             
value per share      Indefinite*     N/A             N/A            N/A

Capital Stock
of $.01 par
value per share      24,645,980      $8.98           $221,320,901   $100
_______________________________________________________________________________
FN

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*Registrant has registered an indefinite number or amount of
securities under the Securities Act of 1933 pursuant to Rule 24f-2
under the Investment Company Act of 1940.  The Rule 24f-2 Notice
for Registrant's most recent fiscal year ended Nov. 30, 1994 was
filed on January 24, 1995.

1.   Computed under Rule 457(d) on the basis of the offering price
per share at the close of business on January 17, 1995.

2.   Registrant elects to calculate the maximum aggregate offering
price pursuant to Rule 24e-2.  $421,030,271 of shares was redeemed
during the fiscal year ended Nov. 30, 1994.  $199,999,368 of shares
was used for reductions pursuant to paragraph (c) of Rule 24f-2
during the current year.  $221,030,903 of shares is the amount of
redeemed shares used for reduction in this amendment.


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                            SIGNATURES

Pursuant to the requirements of the Securities Act of 1933 and the
Investment Company Act of 1940, the Registrant, IDS Selective Fund,
certifies that it meets the requirements for the effectiveness of
this Amendment to its Registration Statement pursuant to  Rule
485(b) under the Securities Act of 1993, and has duly caused this
Amendment to its Registration Statement to be signed on its behalf
by the undersigned, thereunto duly authorized, in the City of
Minneapolis and State of Minnesota on the 24th day of January,
1995.


IDS SELECTIVE FUND


/s/  William R. Pearce**          
     William R. Pearce, President

Pursuant to the requirements of the Securities Act of 1933, this 
Amendment to the Registration Statement has been signed below by
the following persons in the capacities indicated on the 24th day
of January, 1995.

Signatures                             Capacity

/s/   William R. Pearce**              President, Principal
      William R. Pearce                Executive Officer and
                                       Director

/s/   Leslie L. Ogg**                  Treasurer, Principal
      Leslie L. Ogg                    Financial Officer and
                                       Principal Accounting
                                       Officer

/s/   Lynne V. Cheney*     
      Lynne V. Cheney                  Director


/s/   William H. Dudley*               Director
      William H. Dudley


/s/   Robert F. Froehlke*              Director
      Robert F. Froehlke


/s/   David R. Hubers*                 Director
      David R. Hubers


/s/   Heinz F. Hutter*                 Director
      Heinz F. Hutter


/s/   Anne P. Jones*                   Director
      Anne P. Jones


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Signatures                             Capacity


/s/   Donald M. Kendall*               Director 
      Donald M. Kendall


/s/   Melvin R. Laird*                 Director
      Melvin R. Laird


/s/   Lewis W. Lehr*                   Director
      Lewis W. Lehr


/s/   Edson W. Spencer*                Director
      Edson W. Spencer


/s/   John R. Thomas*                  Director
      John R. Thomas


/s/   Wheelock Whitney*                Director
      Wheelock Whitney


/s/   C. Angus Wurtele*    
      C. Angus Wurtele                 Director


*Signed pursuant to Directors' Power of Attorney dated Nov. 10,
1994, filed electronically as Exhibit 18(a) to Registrant's Post-
Effective Amendment No. 79 to Registration Statement No. 2-10700
by:



___________________________
Leslie L. Ogg

**Signed pursuant to Officers' Power of Attorney dated June 1,
1993, filed as Exhibit 17(b) to Registrant's Post-Effective
Amendment No. 76 to Registration Statement No. 2-10700 by:



____________________________
Leslie L. Ogg

EX-99

EXHIBIT INDEX
(B)(10) OPINION OF COUNSEL

EX-99

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January 24, 1995



IDS Selective Fund, Inc.
IDS Tower 10
Minneapolis, MN  55440-0010

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 Nov. 30, 1994, 163,598,056 shares were issued and
     outstanding;

(b)  That all of 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 now proposes to register an additional     
     24,645,980 shares by post-effective amendment, pursuant to
     Rule 24e-2 of the Investment Company Act of 1940, and that
     when sold at not less than their par value and in accordance
     with applicable federal and state securities laws such shares
     will be legally issued, fully paid and non-assessable.

I hereby consent that the foregoing opinion may be used in
connection with the post-effective amendment to your registration
statement to be filed by you pursuant to Section 24(e) of the
Investment Company Act of 1940, as amended for the purpose of
increasing the shares of capital stock, the securities specified
therein, as proposed to be offered.

Very truly yours,



Leslie L. Ogg
Attorney at Law
901 S. Marquette Ave., Suite 2810
Minneapolis, MN  55402-3268

LLO/SP/cah