CERTIFICATION OF ANNUAL REPORT (FORM N-CSR/A)

I, Suresh L. Bhirud, certify that:

1.   I have reviewed this report on Form N-CSR/A of The Apex Mid Cap
     Growth Fund;

2.   Based on my knowledge, this report does not contain any untrue statement of
a material fact or omit to state a material fact necessary to make the
statements made, in light of the circumstances under which such statements were
made, not misleading with respect to the period covered by this report;

3.   Based on my knowledge, the financial information included in this report,
and the financial statements on which the financial information is based, fairly
present in all material respects the financial condition, results of operations,
changes in net assets, and cash flows (if the financial statements are required
to include a statement of cash flows) of the registrant as of, and for, the
periods presented in this report;

4.   The registrant's other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
rule 30a-3(c) under the Investment Company Act of 1940) and internal control
over financial reporting (as defined in Rule 30a-3(d) under the Investment
Company Act of 1940) for the registrant and have:

  (a)  Designed such disclosure controls and procedures, or caused such
	disclosure controls and procedures to be designed under our
	supervision, to ensure that material information relating to the
	registrant, including its consolidated subsidiaries, is made
	known to us by others within those entities, particularly
     during the period in which this report is being prepared;

  (b)  Designed such internal control over financial reporting, or
	caused such internal control over financial reporting to be
	designed under our supervision, to provide reasonable
	assurance regarding the reliability of financial reporting
      and the preparation of financial statements for external
	purposes in accordance with generally accepted accounting
	principles;

  (c)  Evaluated the effectiveness of the registrant's disclosure
	controls and procedures and presented in this report our
	conclusions about the effectiveness of the disclosure
	controls and procedures, as of a date within 90 days prior to
      the filing date of this report based on such evaluation; and

  (d)  Disclosed in this report any change in the registrant's
	internal control over financial reporting that occurred
	during the registrant's most recent fiscal half-year
	(the registrant's second fiscal half-year in the case of an
      annual report) that has materially affected, or is reasonably
	likely to materially affect, the registrant's internal
	control over financial reporting;

     and

5.   The registrant's other certifying officer(s) and I have
     disclosed to the registrant's auditors and the audit
     committee of the registrant's board of directors (or
     persons performing the equivalent functions):

  (a)  All significant deficiencies and material weaknesses
     in the design or operation of internal control over
     financial reporting which are reasonably likely to
     adversely affect the registrant's ability to record,
     process, summarize, and report financial information; and

  (b)  Any fraud, whether or not material, that involves management
     or other employees who have a significant role in the
     registrant's internal control over financial reporting.



Date: September 27, 2004
                                                  /sd/
                                                       Name: Suresh L. Bhirud
                                                       Title:   Chairman