TIAA CREF MUTUAL FUND
NSAR-A, EX-27, 2000-08-29
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0001030491
<NAME> TIAA-CREF
<SERIES>
   <NUMBER> 5
   <NAME> MANAGED ALLOCATION FUND

<S>                             <C>
<PERIOD-TYPE>                  6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-END>                               JUN-30-2000
<INVESTMENTS-AT-COST>                        267443840
<INVESTMENTS-AT-VALUE>                       313575647
<RECEIVABLES>                                  1082437
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               314658084
<PAYABLE-FOR-SECURITIES>                        138717
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       903630
<TOTAL-LIABILITIES>                            1042347
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     260906801
<SHARES-COMMON-STOCK>                         22670403
<SHARES-COMMON-PRIOR>                         17975893
<ACCUMULATED-NII-CURRENT>                        11427
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        6565702
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      46131807
<NET-ASSETS>                                 313615737
<DIVIDEND-INCOME>                              3697414
<INTEREST-INCOME>                                19527
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                       0
<NET-INVESTMENT-INCOME>                        3716941
<REALIZED-GAINS-CURRENT>                       2206004
<APPREC-INCREASE-CURRENT>                      2395815
<NET-CHANGE-FROM-OPS>                          8318760
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      3705154
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        5792979
<NUMBER-OF-SHARES-REDEEMED>                   (836272)
<SHARES-REINVESTED>                             250365
<NET-CHANGE-IN-ASSETS>                        69243613
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                      4359698
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                      0
<AVERAGE-NET-ASSETS>                         277040183
<PER-SHARE-NAV-BEGIN>                           13.590
<PER-SHARE-NII>                                  0.130
<PER-SHARE-GAIN-APPREC>                          0.290
<PER-SHARE-DIVIDEND>                             0.000
<PER-SHARE-DISTRIBUTIONS>                      (0.180)
<RETURNS-OF-CAPITAL>                             0.000
<PER-SHARE-NAV-END>                             13.830
<EXPENSE-RATIO>                                   0.00
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>


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