PROSPECTUS Dated March 29, 1995                    Pricing Supplement No. 6 to
PROSPECTUS SUPPLEMENT                      Registration Statement No. 33-57833
Dated March 29, 1995                                       Dated June 14, 1995
								Rule 424(b)(3)

			   Morgan Stanley Group Inc.
		      GLOBAL MEDIUM-TERM NOTES, SERIES D
	       Euro Floating Rate Senior Notes Due June 22, 1998

The Global Medium-Term Notes, Series D (Euro Floating Rate Senior Bearer Notes
Due  June 22, 1998) described in this Pricing Supplement (the "Notes") will
mature on the Maturity Date.  The Notes will not be redeemable at the option
of Morgan Stanley Group Inc. prior to the Maturity Date other than under the
circumstances described under "Description of Notes - Tax Redemption" in the
accompanying Prospectus Supplement.

The Notes will be issued only in bearer form, which form is further described
under "Description of Notes - Forms, Denominations, Exchange and Transfer" in
the accompanying Prospectus Supplement.  Notes in bearer form will not be
exchangeable at any time for Notes in registered form at the option of the
holder.

The Notes are further described under "Description of Notes - Floating Rate
Notes" in the accompanying Prospectus Supplement, except that to the extent
the terms described below are inconsistent with such description, the terms
described below shall control.


PRINCIPAL AMOUNT:            INTEREST ACCRUAL DATE:
DEM 38,400,000               June 22, 1995


MATURITY DATE:               INITIAL INTEREST RATE:
June 22, 1998, or if         To be determined on
such date is not a           June 20, 1995
Business Day, the next
succeeding
Business Day


			     INITIAL INTEREST RESET
SETTLEMENT AND ISSUE         DATE: September 22,
DATE: June 22, 1995          1995

			     MAXIMUM INTEREST RATE:
ISSUE PRICE:  100%           N/A


SPECIFIED CURRENCY:          MINIMUM INTEREST RATE:
Deutsche Marks               N/A


BASE RATE:  LIBOR            INITIAL REDEMPTION
			     DATE: N/A

INDEX MATURITY:
3 Months                     INITIAL REDEMPTION
			     PERCENTAGE:  N/A
SPREAD (PLUS OR MINUS):
Plus 0.30% per annum
			     ANNUAL REDEMPTION
			     PERCENTAGE REDUCTION:
ALTERNATE RATE EVENT         N/A
SPREAD:  N/A

			     OPTIONAL REPAYMENT
SPREAD MULTIPLIER:  N/A      DATE(S): N/A


COMMON CODE: 5841844         Designated LIBOR Page:
ISIN:  XS0058418442          TELERATE 3750

INTEREST PAYMENT DATES:
Interest will be payable quarterly in
arrears on each day (each an "Interest
Payment Date") that corresponds
numerically to the preceding Interest
Payment Date (or in the case of the
first Interest Payment Date, the Issue
Date) in the calendar month that is
three months after the previous Interest
Payment Date (or in the case of the
first Interest Payment Date, the Issue
Date) or if there is not any such
numerically corresponding date in the
calendar month, the Interest Payment
Date shall be the last day that is a
Business Day in that month.  In either
case, if such date is not a Business Day
then the Interest Payment Date will be
the next day which is a Business Day
unless it would thereby fall into the next
calendar month in which case it will be
brought forward to the first preceding
Business Day.  If any Interest Payment
Date falls on the last Business Day of
any month, each subsequent Interest
Payment Date shall be the last Business
Day of the relevant month.

INTEREST PAYMENT PERIOD:
Quarterly

INTEREST RESET PERIODS:
The period from and including the first
Interest Payment Date to but excluding
the second Interest Payment Date and
each successive period beginning on,
and including, an Interest Payment
Date and ending on, but excluding, the
next succeeding Interest Payment Date

INTEREST RESET DATES:
Deutsche Mark-LIBOR is determined
two (2) Frankfurt and London business
days prior to the first day of each
Interest Reset Period

CALCULATION AGENT:
Chemical Bank

INDEX CURRENCY:
Deutsche Marks

TOTAL AMOUNT OF OID:
None

ORIGINAL YIELD TO MATURITY:
N/A

INITIAL ACCRUAL PERIOD OID:
N/A

MINIMUM DENOMINATIONS:
DEM 1,000,000

Capitalized terms not defined above have the meanings given to such terms in
the accompanying Prospectus Supplement.


			  Morgan Stanley Bank AG