Abstract. The PMMA with Fe2O3+ Al2O3 films at different weight percent have been used for measurement of dielectric properties such as dielectric constant, dielectric loss and a. c. conductivity as a function of frequency over the range 50 Hz – 5 MHz at room temperature. The dielectric constant and the dielectric loss (tan δ) of the polymer composite films decreases exponentially at lower frequencies over the range 100 Hz-1 kHz, where as above 1 kHz the values of dielectric constant remains same. But, it has been observed that the value of dielectric constant of PMMA composite films with Fe2O3+ Al2O3 increases as weight percent of Fe2O3+ Al2O3 increases. The a c conductivity of the polymer composite films remains constant over the frequency range 50 Hz to 300 K Hz and afterwards it increases exponentially. Further, PMMA with Fe2O3+ Al2O3 have been characterized using X-Ray diffractometer for the crystallinity. The morphological studies have been made using the FESEM.