The Ni 40 Co 10Àx Fe x Mn 33 Al 17 (x ¼ 4, 6, 8) alloys are prepared by arc-melting method. The crystallographic structure, magnetic and magnetoresistance properties are systematically studied. The large magnetic change is obtained across the martensitic transformation from the ferromagnetic austenite phase to weak-magnetic martensite phase. With the increase in Fe/Co ratio, the martensite transformation temperature shifts to the lower temperature. The large values of magnetoresistance of 33.3, 25.7, and 13.1% are achieved at the field of 3 T for x ¼ 4, x ¼ 6, and x ¼ 8 alloys around the martensitic transformation, respectively. These results indicate that Ni-Fe-Co-Mn-Al alloy provides the motive power for further research in practical applications.