UNDISCOVERED MANAGERS FUNDS
485BPOS, EX-99.(J), 2000-12-28
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                                                                     EXHIBIT (j)

INDEPENDENT AUDITORS' CONSENT




We consent to the incorporation by reference in this Post-Effective Amendment
No. 9 to Registration Statement No. 333-37711 of Undiscovered Managers Funds on
Form N-1A of our report dated October 23, 2000 appearing in the annual report to
shareholders of Undiscovered Managers Funds for the year ended August 31, 2000,
and to the references to us under the headings "Financial Highlights" in the
Prospectuses and "Independent Auditors" and "Financial Statements" in the
Statement of Additional Information, all of which are a part of such
Registration Statement.



Deloitte & Touche LLP
New York, New York
December 22, 2000


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