Officials with mutual fund giant Dreyfus Corp. told analysts recently that assets under management had risen to $75.5 billion by mid-May, an 11% jump over the level reached March 31, according to a Salomon Brothers analyst report.

The growth is a further indication of a revival at Dreyfus since its purchase by Mellon Bank Corp. last August. During 1994, Dreyfus' assets under management fell by $10 billion, to about $68 billion.

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