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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 20
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SIGNATURE RICHARD BUTT
TITLE OPERATIONS
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<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SCHRODER
CAPITAL FUNDS (DELAWARE) SEMI-ANNUAL REPORT DATED APRIL 30, 1997 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH REPORT
</LEGEND>
<CIK> 0001003159
<NAME> SCHRODER CAPITAL FUNDS, INC.
<SERIES>
<NUMBER> 020
<NAME> SCHRODER EMERGING MARKETS PORTFOLIO
<S> <C>
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<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-END> APR-30-1997
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SCHRODER
CAPITAL FUNDS (DELAWARE) SEMI-ANNUAL REPORT DATED APRIL 30, 1997 AND IS
QUALIFIED IN IT'S ENTIRETY BY REFERENCE TO SUCH REPORT
</LEGEND>
<CIK> 0001003159
<NAME> SCHRODER CAPITAL FUNDS, INC.
<SERIES>
<NUMBER> 010
<NAME> SCHRODER INTERNATIONAL EQUITY FUND (PORTFOLIO)
<S> <C>
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<PERIOD-END> APR-30-1997
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<NET-CHANGE-IN-ASSETS> (13,614,574)
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SCHRODER
CAPITAL FUNDS (DELAWARE) SEMI-ANNUAL REPORT DATED APRIL 30, 1997 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH REPORT.
</LEGEND>
<CIK> 0001003159
<NAME> SCHRODER CAPITAL FUNDS, INC.
<SERIES>
<NUMBER> 040
<NAME> SCHRODER INTERNATIONAL SMALLER COMPANIES PORTFOLIO
<S> <C>
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<PERIOD-END> APR-30-1997
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SCHRODER
CAPITAL FUNDS SEMI-ANNUAL REPORT DATED APRIL 30, 1997 AND IS QUALIFIED IN IT'S
ENTIRETY BY REFERENCE TO SUCH REPORT
</LEGEND>
<CIK> 0001003159
<NAME> SCHRODER CAPITAL FUNDS, INC.
<SERIES>
<NUMBER> 030
<NAME> SCHRODER U.S. SMALLER COMPANIES PORTFOLIO
<S> <C>
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<APPREC-INCREASE-CURRENT> (1,754,714)
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