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008 D010701 HOUSTON
008 D020701 TX
008 D030701 77046
011 A000701 AIM DISTRIBUTORS, INC.
011 B000701 8-21323
<PAGE> PAGE 20
011 C010701 HOUSTON
011 C020701 TX
011 C030701 77046
024 000700 Y
025 A000701 DEUSTCHE MORGAN GRENFELL INC.
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025 C000701 E
025 D000701 25000
025 A000702 SMITH BARNEY, INC.
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025 C000702 E
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<PAGE> PAGE 21
036 A000700 N
036 B000700 0
037 000700 N
038 000700 0
039 000700 N
040 000700 Y
041 000700 Y
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042 E000700 0
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049 000700 N
050 000700 N
051 000700 N
052 000700 N
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053 B000700 Y
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054 A000700 Y
<PAGE> PAGE 22
054 B000700 N
054 C000700 N
054 D000700 N
054 E000700 N
054 F000700 N
054 G000700 N
054 H000700 Y
054 I000700 N
054 J000700 Y
054 K000700 N
054 L000700 N
054 M000700 Y
054 N000700 N
054 O000700 N
055 A000700 N
055 B000700 N
056 000700 N
057 000700 N
058 A000700 N
059 000700 Y
060 A000700 Y
060 B000700 Y
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062 A000700 N
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062 C000700 0.0
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062 E000700 0.0
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066 A000700 Y
066 B000700 Y
066 C000700 N
066 D000700 N
066 E000700 N
066 F000700 N
066 G000700 N
067 000700 N
<PAGE> PAGE 23
068 A000700 N
068 B000700 N
069 000700 N
070 A010700 Y
070 A020700 Y
070 B010700 N
070 B020700 N
070 C010700 N
070 C020700 N
070 D010700 N
070 D020700 N
070 E010700 N
070 E020700 N
070 F010700 N
070 F020700 N
070 G010700 N
070 G020700 N
070 H010700 N
070 H020700 N
070 I010700 N
070 I020700 N
070 J010700 Y
070 J020700 N
070 K010700 Y
070 K020700 Y
070 L010700 Y
070 L020700 Y
070 M010700 Y
070 M020700 N
070 N010700 Y
070 N020700 N
070 O010700 Y
070 O020700 N
070 P010700 Y
070 P020700 Y
070 Q010700 N
070 Q020700 N
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070 R020700 N
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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008 A001001 AIM ADVISORS INC.
008 B001001 A
008 C001001 801-12313
008 D011001 HOUSTON
008 D021001 TX
008 D031001 77046
011 A001001 AIM DISTRIBUTORS, INC.
011 B001001 8-21323
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011 C021001 TX
011 C031001 77046
024 001000 Y
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025 B001001 04-1867445
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025 D001001 10916
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025 D001002 12067
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025 D001003 19425
025 A001004 MERRILL LYNCH, PIERCE, FENNER & SMITH
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<PAGE> PAGE 26
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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008 B001101 A
008 C001101 801-12313
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008 D031101 77046
011 A001101 AIM DISTRIBUTORS, INC.
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<PAGE> PAGE 31
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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<PAGE> PAGE 34
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<PAGE> PAGE 35
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SIGNATURE JOHN J. ARTHUR
TITLE SR VP & TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information for the AIM
Aggressive Growth Fund October 31, 1998 annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 7
<NAME> AIM AGGRESSIVE GROWTH FUND
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM Charter
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</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 3
<NAME> AIM CHARTER FUND CLASS A SHARES
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<PER-SHARE-NAV-BEGIN> 13.41
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<PER-SHARE-GAIN-APPREC> 1.23
<PER-SHARE-DIVIDEND> (0.10)
<PER-SHARE-DISTRIBUTIONS> (1.34)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 13.32
<EXPENSE-RATIO> 1.08
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM Charter
Fund Class B Shares October 31, 1998 annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 3
<NAME> AIM CHARTER FUND CLASS B SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> OCT-31-1998
<INVESTMENTS-AT-COST> 4057295810
<INVESTMENTS-AT-VALUE> 5222484847
<RECEIVABLES> 34588674
<ASSETS-OTHER> 195708
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 5257269229
<PAYABLE-FOR-SECURITIES> 36176235
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 23806560
<TOTAL-LIABILITIES> 59982795
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3821903969
<SHARES-COMMON-STOCK> 390748439
<SHARES-COMMON-PRIOR> 340900606
<ACCUMULATED-NII-CURRENT> 8281206
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 202261223
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1164840036
<NET-ASSETS> 5197286434
<DIVIDEND-INCOME> 61756240
<INTEREST-INCOME> 40582343
<OTHER-INCOME> 0
<EXPENSES-NET> (64513360)
<NET-INVESTMENT-INCOME> 37825223
<REALIZED-GAINS-CURRENT> 206268933
<APPREC-INCREASE-CURRENT> 254914824
<NET-CHANGE-FROM-OPS> 499008980
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (31546151)
<DISTRIBUTIONS-OF-GAINS> (460197574)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 102050250
<NUMBER-OF-SHARES-REDEEMED> (90757549)
<SHARES-REINVESTED> 38555132
<NET-CHANGE-IN-ASSETS> 628420268
<ACCUMULATED-NII-PRIOR> 2895981
<ACCUMULATED-GAINS-PRIOR> 456189864
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 31820925
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 65515565
<AVERAGE-NET-ASSETS> 1284374113
<PER-SHARE-NAV-BEGIN> 13.37
<PER-SHARE-NII> 0.02
<PER-SHARE-GAIN-APPREC> 1.22
<PER-SHARE-DIVIDEND> (0.03)
<PER-SHARE-DISTRIBUTIONS> (1.34)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 13.24
<EXPENSE-RATIO> 1.84
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM Charter
Fund Class C Shares October 31, 1998 annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 3
<NAME> AIM CHARTER FUND CLASS C SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> OCT-31-1998
<INVESTMENTS-AT-COST> 4057295810
<INVESTMENTS-AT-VALUE> 5222484847
<RECEIVABLES> 34588674
<ASSETS-OTHER> 195708
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 5257269229
<PAYABLE-FOR-SECURITIES> 36176235
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 23806560
<TOTAL-LIABILITIES> 59982795
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3821903969
<SHARES-COMMON-STOCK> 390748439
<SHARES-COMMON-PRIOR> 340900606
<ACCUMULATED-NII-CURRENT> 8281206
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 202261223
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1164840036
<NET-ASSETS> 5197286434
<DIVIDEND-INCOME> 61756240
<INTEREST-INCOME> 40582343
<OTHER-INCOME> 0
<EXPENSES-NET> (64513360)
<NET-INVESTMENT-INCOME> 37825223
<REALIZED-GAINS-CURRENT> 206268933
<APPREC-INCREASE-CURRENT> 254914824
<NET-CHANGE-FROM-OPS> 499008980
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (31546151)
<DISTRIBUTIONS-OF-GAINS> (460197574)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 102050250
<NUMBER-OF-SHARES-REDEEMED> (90757549)
<SHARES-REINVESTED> 38555132
<NET-CHANGE-IN-ASSETS> 628420268
<ACCUMULATED-NII-PRIOR> 2895981
<ACCUMULATED-GAINS-PRIOR> 456189864
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 31820925
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 65515565
<AVERAGE-NET-ASSETS> 21692212
<PER-SHARE-NAV-BEGIN> 13.39
<PER-SHARE-NII> 0.02
<PER-SHARE-GAIN-APPREC> 1.23
<PER-SHARE-DIVIDEND> (0.03)
<PER-SHARE-DISTRIBUTIONS> (1.34)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 13.27
<EXPENSE-RATIO> 1.84
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM Charter
Fund Institutional Shares October 31, 1998 annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 3
<NAME> AIM CHARTER FUND INSTITUTIONAL SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> OCT-31-1998
<INVESTMENTS-AT-COST> 4057295810
<INVESTMENTS-AT-VALUE> 5222484847
<RECEIVABLES> 34588674
<ASSETS-OTHER> 195708
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 5257269229
<PAYABLE-FOR-SECURITIES> 36176235
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 23806560
<TOTAL-LIABILITIES> 59982795
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3821903969
<SHARES-COMMON-STOCK> 390748439
<SHARES-COMMON-PRIOR> 340900606
<ACCUMULATED-NII-CURRENT> 8281206
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 202261223
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1164840036
<NET-ASSETS> 5197286434
<DIVIDEND-INCOME> 61756240
<INTEREST-INCOME> 40582343
<OTHER-INCOME> 0
<EXPENSES-NET> (64513360)
<NET-INVESTMENT-INCOME> 37825223
<REALIZED-GAINS-CURRENT> 206268933
<APPREC-INCREASE-CURRENT> 254914824
<NET-CHANGE-FROM-OPS> 499008980
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (31546151)
<DISTRIBUTIONS-OF-GAINS> (460197574)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 102050250
<NUMBER-OF-SHARES-REDEEMED> (90757549)
<SHARES-REINVESTED> 38555132
<NET-CHANGE-IN-ASSETS> 628420268
<ACCUMULATED-NII-PRIOR> 2895981
<ACCUMULATED-GAINS-PRIOR> 456189864
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 31820925
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 65515565
<AVERAGE-NET-ASSETS> 42933721
<PER-SHARE-NAV-BEGIN> 13.48
<PER-SHARE-NII> 0.18
<PER-SHARE-GAIN-APPREC> 1.24
<PER-SHARE-DIVIDEND> (0.14)
<PER-SHARE-DISTRIBUTIONS> (1.34)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 13.42
<EXPENSE-RATIO> 0.66
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM Blue
Chip Fund Class A Shares October 31, 1998 annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 10
<NAME> AIM BLUE CHIP FUND CLASS A SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> OCT-31-1998
<INVESTMENTS-AT-COST> 1664268864
<INVESTMENTS-AT-VALUE> 1944211353
<RECEIVABLES> 21926346
<ASSETS-OTHER> 1489225
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1967626924
<PAYABLE-FOR-SECURITIES> 37343642
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 11219867
<TOTAL-LIABILITIES> 48563509
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1631932191
<SHARES-COMMON-STOCK> 53367777
<SHARES-COMMON-PRIOR> 37451793
<ACCUMULATED-NII-CURRENT> 684141
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 645618
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 285801465
<NET-ASSETS> 1919063415
<DIVIDEND-INCOME> 12101918
<INTEREST-INCOME> 8459233
<OTHER-INCOME> 0
<EXPENSES-NET> (19897142)
<NET-INVESTMENT-INCOME> 664009
<REALIZED-GAINS-CURRENT> 1200650
<APPREC-INCREASE-CURRENT> 175782639
<NET-CHANGE-FROM-OPS> 177647298
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1249305)
<DISTRIBUTIONS-OF-GAINS> (17257038)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 43131061
<NUMBER-OF-SHARES-REDEEMED> (15137945)
<SHARES-REINVESTED> 560393
<NET-CHANGE-IN-ASSETS> 1152600802
<ACCUMULATED-NII-PRIOR> 1185397
<ACCUMULATED-GAINS-PRIOR> 16786046
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 8680763
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 19912456
<AVERAGE-NET-ASSETS> 792079631
<PER-SHARE-NAV-BEGIN> 30.96
<PER-SHARE-NII> 0.13
<PER-SHARE-GAIN-APPREC> 5.75
<PER-SHARE-DIVIDEND> (0.07)
<PER-SHARE-DISTRIBUTIONS> (0.63)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 36.14
<EXPENSE-RATIO> 1.22
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM Blue
Chip Fund Class B Shares October 31, 1998 annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 10
<NAME> AIM BLUE CHIP FUND CLASS B SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> OCT-31-1998
<INVESTMENTS-AT-COST> 1664268864
<INVESTMENTS-AT-VALUE> 1944211353
<RECEIVABLES> 21926346
<ASSETS-OTHER> 1489225
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1967626924
<PAYABLE-FOR-SECURITIES> 37343642
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 11219867
<TOTAL-LIABILITIES> 48563509
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1631932191
<SHARES-COMMON-STOCK> 53367777
<SHARES-COMMON-PRIOR> 37451793
<ACCUMULATED-NII-CURRENT> 684141
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 645618
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 285801465
<NET-ASSETS> 1919063415
<DIVIDEND-INCOME> 12101918
<INTEREST-INCOME> 8459233
<OTHER-INCOME> 0
<EXPENSES-NET> (19897142)
<NET-INVESTMENT-INCOME> 664009
<REALIZED-GAINS-CURRENT> 1200650
<APPREC-INCREASE-CURRENT> 175782639
<NET-CHANGE-FROM-OPS> 177647298
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1249305)
<DISTRIBUTIONS-OF-GAINS> (17257038)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 43131061
<NUMBER-OF-SHARES-REDEEMED> (15137945)
<SHARES-REINVESTED> 560393
<NET-CHANGE-IN-ASSETS> 1152600802
<ACCUMULATED-NII-PRIOR> 1185397
<ACCUMULATED-GAINS-PRIOR> 16786046
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 8680763
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 19912456
<AVERAGE-NET-ASSETS> 495147421
<PER-SHARE-NAV-BEGIN> 30.76
<PER-SHARE-NII> (0.12)
<PER-SHARE-GAIN-APPREC> 5.72
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.63)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 35.73
<EXPENSE-RATIO> 1.94
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM Blue
Chip Fund Class C Shares October 31, 1998 annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 10
<NAME> AIM BLUE CHIP FUND CLASS C SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> OCT-31-1998
<INVESTMENTS-AT-COST> 1664268864
<INVESTMENTS-AT-VALUE> 1944211353
<RECEIVABLES> 21926346
<ASSETS-OTHER> 1489225
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1967626924
<PAYABLE-FOR-SECURITIES> 37343642
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 11219867
<TOTAL-LIABILITIES> 48563509
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1631932191
<SHARES-COMMON-STOCK> 53367777
<SHARES-COMMON-PRIOR> 37451793
<ACCUMULATED-NII-CURRENT> 684141
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 645618
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 285801465
<NET-ASSETS> 1919063415
<DIVIDEND-INCOME> 12101918
<INTEREST-INCOME> 8459233
<OTHER-INCOME> 0
<EXPENSES-NET> (19897142)
<NET-INVESTMENT-INCOME> 664009
<REALIZED-GAINS-CURRENT> 1200650
<APPREC-INCREASE-CURRENT> 175782639
<NET-CHANGE-FROM-OPS> 177647298
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1249305)
<DISTRIBUTIONS-OF-GAINS> (17257038)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 43131061
<NUMBER-OF-SHARES-REDEEMED> (15137945)
<SHARES-REINVESTED> 560393
<NET-CHANGE-IN-ASSETS> 1152600802
<ACCUMULATED-NII-PRIOR> 1185397
<ACCUMULATED-GAINS-PRIOR> 16786046
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 8680763
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 19912456
<AVERAGE-NET-ASSETS> 31573149
<PER-SHARE-NAV-BEGIN> 30.75
<PER-SHARE-NII> (0.12)
<PER-SHARE-GAIN-APPREC> 5.72
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.63)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 35.72
<EXPENSE-RATIO> 1.94
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM Capital
Development Fund Class A Shares October 31, 1998 annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 11
<NAME> AIM CAPITAL DEVELOPMENT FUND CLASS A SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> OCT-31-1998
<INVESTMENTS-AT-COST> 1174947645
<INVESTMENTS-AT-VALUE> 1253278392
<RECEIVABLES> 16931620
<ASSETS-OTHER> 108542
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1270318554
<PAYABLE-FOR-SECURITIES> 7028076
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3740931
<TOTAL-LIABILITIES> 10769007
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1268785893
<SHARES-COMMON-STOCK> 98368805
<SHARES-COMMON-PRIOR> 61092700
<ACCUMULATED-NII-CURRENT> (8343570)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (79223524)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 78330748
<NET-ASSETS> 1259549547
<DIVIDEND-INCOME> 5602027
<INTEREST-INCOME> 4885477
<OTHER-INCOME> 0
<EXPENSES-NET> (18820078)
<NET-INVESTMENT-INCOME> (8332574)
<REALIZED-GAINS-CURRENT> (67636533)
<APPREC-INCREASE-CURRENT> (114227472)
<NET-CHANGE-FROM-OPS> (190196579)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 130634793
<NUMBER-OF-SHARES-REDEEMED> (93358689)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 372045728
<ACCUMULATED-NII-PRIOR> (10996)
<ACCUMULATED-GAINS-PRIOR> (11586991)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 7886238
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 18866070
<AVERAGE-NET-ASSETS> 715454107
<PER-SHARE-NAV-BEGIN> 14.57
<PER-SHARE-NII> (0.06)
<PER-SHARE-GAIN-APPREC> (1.62)
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 12.89
<EXPENSE-RATIO> 1.28
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM Capital
Development Fund Class B Shares October 31, 1998 annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 11
<NAME> AIM CAPITAL DEVELOPMENT FUND CLASS B SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> OCT-31-1998
<INVESTMENTS-AT-COST> 1174947645
<INVESTMENTS-AT-VALUE> 1253278392
<RECEIVABLES> 16931620
<ASSETS-OTHER> 108542
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1270318554
<PAYABLE-FOR-SECURITIES> 7028076
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3740931
<TOTAL-LIABILITIES> 10769007
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1268785893
<SHARES-COMMON-STOCK> 98368805
<SHARES-COMMON-PRIOR> 61092700
<ACCUMULATED-NII-CURRENT> (8343570)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (79223524)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 78330748
<NET-ASSETS> 1259549547
<DIVIDEND-INCOME> 5602027
<INTEREST-INCOME> 4885477
<OTHER-INCOME> 0
<EXPENSES-NET> (18820078)
<NET-INVESTMENT-INCOME> (8332574)
<REALIZED-GAINS-CURRENT> (67636533)
<APPREC-INCREASE-CURRENT> (114227472)
<NET-CHANGE-FROM-OPS> (190196579)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 130634793
<NUMBER-OF-SHARES-REDEEMED> (93358689)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 372045728
<ACCUMULATED-NII-PRIOR> (10996)
<ACCUMULATED-GAINS-PRIOR> (11586991)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 7886238
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 18866070
<AVERAGE-NET-ASSETS> 442295823
<PER-SHARE-NAV-BEGIN> 14.46
<PER-SHARE-NII> (0.16)
<PER-SHARE-GAIN-APPREC> (1.60)
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 12.70
<EXPENSE-RATIO> 2.02
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM Capital
Development Fund Class C Shares October 31, 1998 annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 11
<NAME> AIM CAPITAL DEVELOPMENT FUND CLASS C SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> OCT-31-1998
<INVESTMENTS-AT-COST> 1174947645
<INVESTMENTS-AT-VALUE> 1253278392
<RECEIVABLES> 16931620
<ASSETS-OTHER> 108542
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1270318554
<PAYABLE-FOR-SECURITIES> 7028076
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3740931
<TOTAL-LIABILITIES> 10769007
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1268785893
<SHARES-COMMON-STOCK> 98368805
<SHARES-COMMON-PRIOR> 61092700
<ACCUMULATED-NII-CURRENT> (8343570)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (79223524)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 78330748
<NET-ASSETS> 1259549547
<DIVIDEND-INCOME> 5602027
<INTEREST-INCOME> 4885477
<OTHER-INCOME> 0
<EXPENSES-NET> (18820078)
<NET-INVESTMENT-INCOME> (8332574)
<REALIZED-GAINS-CURRENT> (67636533)
<APPREC-INCREASE-CURRENT> (114227472)
<NET-CHANGE-FROM-OPS> (190196579)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 130634793
<NUMBER-OF-SHARES-REDEEMED> (93358689)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 372045728
<ACCUMULATED-NII-PRIOR> (10996)
<ACCUMULATED-GAINS-PRIOR> (11586991)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 7886238
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 18866070
<AVERAGE-NET-ASSETS> 34048155
<PER-SHARE-NAV-BEGIN> 14.45
<PER-SHARE-NII> (0.16)
<PER-SHARE-GAIN-APPREC> (1.60)
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 12.69
<EXPENSE-RATIO> 2.02
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM
Weingarten Fund Class A Shares October 31, 1998 annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 1
<NAME> AIM WEINGARTEN FUND CLASS A SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> OCT-31-1998
<INVESTMENTS-AT-COST> 5276183044
<INVESTMENTS-AT-VALUE> 6987604943
<RECEIVABLES> 44773042
<ASSETS-OTHER> 4265562
<OTHER-ITEMS-ASSETS> 2565915
<TOTAL-ASSETS> 7039209462
<PAYABLE-FOR-SECURITIES> 91742610
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 51548079
<TOTAL-LIABILITIES> 143290689
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4682377491
<SHARES-COMMON-STOCK> 318439065
<SHARES-COMMON-PRIOR> 280351236
<ACCUMULATED-NII-CURRENT> 4034739
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 484238255
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1725268288
<NET-ASSETS> 6895918773
<DIVIDEND-INCOME> 49728636
<INTEREST-INCOME> 26746186
<OTHER-INCOME> 0
<EXPENSES-NET> (76385606)
<NET-INVESTMENT-INCOME> 89216
<REALIZED-GAINS-CURRENT> 514276104
<APPREC-INCREASE-CURRENT> 255708695
<NET-CHANGE-FROM-OPS> 770074015
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (951542736)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 76642273
<NUMBER-OF-SHARES-REDEEMED> (84668685)
<SHARES-REINVESTED> 46114241
<NET-CHANGE-IN-ASSETS> 534781454
<ACCUMULATED-NII-PRIOR> 28516289
<ACCUMULATED-GAINS-PRIOR> 925614568
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 46492138
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 79480164
<AVERAGE-NET-ASSETS> 6189191748
<PER-SHARE-NAV-BEGIN> 22.72
<PER-SHARE-NII> 0.02
<PER-SHARE-GAIN-APPREC> 2.38
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (3.40)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 21.72
<EXPENSE-RATIO> 1.04
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM
Weingarten Fund Institutional Shares October 31, 1998 annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 1
<NAME> AIM WEINGARTEN FUND INSTITUTIONAL SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> OCT-31-1998
<INVESTMENTS-AT-COST> 5276183044
<INVESTMENTS-AT-VALUE> 6987604943
<RECEIVABLES> 44773042
<ASSETS-OTHER> 4265562
<OTHER-ITEMS-ASSETS> 2565915
<TOTAL-ASSETS> 7039209462
<PAYABLE-FOR-SECURITIES> 91742610
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 51548079
<TOTAL-LIABILITIES> 143290689
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4682377491
<SHARES-COMMON-STOCK> 318439065
<SHARES-COMMON-PRIOR> 280351236
<ACCUMULATED-NII-CURRENT> 4034739
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 484238255
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1725268288
<NET-ASSETS> 6895918773
<DIVIDEND-INCOME> 49728636
<INTEREST-INCOME> 26746186
<OTHER-INCOME> 0
<EXPENSES-NET> (76385606)
<NET-INVESTMENT-INCOME> 89216
<REALIZED-GAINS-CURRENT> 514276104
<APPREC-INCREASE-CURRENT> 255708695
<NET-CHANGE-FROM-OPS> 770074015
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (951542736)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 76642273
<NUMBER-OF-SHARES-REDEEMED> (84668685)
<SHARES-REINVESTED> 46114241
<NET-CHANGE-IN-ASSETS> 534781454
<ACCUMULATED-NII-PRIOR> 28516289
<ACCUMULATED-GAINS-PRIOR> 925614568
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 46492138
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 79480164
<AVERAGE-NET-ASSETS> 69647808
<PER-SHARE-NAV-BEGIN> 23.05
<PER-SHARE-NII> 0.10
<PER-SHARE-GAIN-APPREC> 2.43
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (3.40)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 22.18
<EXPENSE-RATIO> 0.62
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM
Weingarten Fund Class B Shares October 31, 1998 annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 1
<NAME> AIM WEINGARTEN FUND CLASS B SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> OCT-31-1998
<INVESTMENTS-AT-COST> 5276183044
<INVESTMENTS-AT-VALUE> 6987604943
<RECEIVABLES> 44773042
<ASSETS-OTHER> 4265562
<OTHER-ITEMS-ASSETS> 2565915
<TOTAL-ASSETS> 7039209462
<PAYABLE-FOR-SECURITIES> 91742610
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 51548079
<TOTAL-LIABILITIES> 143290689
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4682377491
<SHARES-COMMON-STOCK> 318439065
<SHARES-COMMON-PRIOR> 280351236
<ACCUMULATED-NII-CURRENT> 4034739
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 484238255
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1725268288
<NET-ASSETS> 6895918773
<DIVIDEND-INCOME> 49728636
<INTEREST-INCOME> 26746186
<OTHER-INCOME> 0
<EXPENSES-NET> (76385606)
<NET-INVESTMENT-INCOME> 89216
<REALIZED-GAINS-CURRENT> 514276104
<APPREC-INCREASE-CURRENT> 255708695
<NET-CHANGE-FROM-OPS> 770074015
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (951542736)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 76642273
<NUMBER-OF-SHARES-REDEEMED> (84668685)
<SHARES-REINVESTED> 46114241
<NET-CHANGE-IN-ASSETS> 534781454
<ACCUMULATED-NII-PRIOR> 28516289
<ACCUMULATED-GAINS-PRIOR> 925614568
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 46492138
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 79480164
<AVERAGE-NET-ASSETS> 618589002
<PER-SHARE-NAV-BEGIN> 22.34
<PER-SHARE-NII> (0.15)
<PER-SHARE-GAIN-APPREC> 2.33
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (3.40)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 21.12
<EXPENSE-RATIO> 1.83
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM
Weingarten Fund Class C Shares October 31, 1998 annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 1
<NAME> AIM WEINGARTEN FUND CLASS C SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> OCT-31-1998
<INVESTMENTS-AT-COST> 5276183044
<INVESTMENTS-AT-VALUE> 6987604943
<RECEIVABLES> 44773042
<ASSETS-OTHER> 4265562
<OTHER-ITEMS-ASSETS> 2565915
<TOTAL-ASSETS> 7039209462
<PAYABLE-FOR-SECURITIES> 91742610
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 51548079
<TOTAL-LIABILITIES> 143290689
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4682377491
<SHARES-COMMON-STOCK> 318439065
<SHARES-COMMON-PRIOR> 280351236
<ACCUMULATED-NII-CURRENT> 4034739
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 484238255
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1725268288
<NET-ASSETS> 6895918773
<DIVIDEND-INCOME> 49728636
<INTEREST-INCOME> 26746186
<OTHER-INCOME> 0
<EXPENSES-NET> (76385606)
<NET-INVESTMENT-INCOME> 89216
<REALIZED-GAINS-CURRENT> 514276104
<APPREC-INCREASE-CURRENT> 255708695
<NET-CHANGE-FROM-OPS> 770074015
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (951542736)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 76642273
<NUMBER-OF-SHARES-REDEEMED> (84668685)
<SHARES-REINVESTED> 46114241
<NET-CHANGE-IN-ASSETS> 534781454
<ACCUMULATED-NII-PRIOR> 28516289
<ACCUMULATED-GAINS-PRIOR> 925614568
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 46492138
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 79480164
<AVERAGE-NET-ASSETS> 12519780
<PER-SHARE-NAV-BEGIN> 22.34
<PER-SHARE-NII> (0.15)
<PER-SHARE-GAIN-APPREC> 2.35
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (3.40)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 21.14
<EXPENSE-RATIO> 1.83
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM
Constellation Fund Class A Shares October 31, 1998 annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 2
<NAME> AIM CONSTELLATION FUND CLASS A SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> OCT-31-1998
<INVESTMENTS-AT-COST> 9686416745
<INVESTMENTS-AT-VALUE> 13024285881
<RECEIVABLES> 109738011
<ASSETS-OTHER> 162973
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 13134186865
<PAYABLE-FOR-SECURITIES> 131879165
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 69227085
<TOTAL-LIABILITIES> 201106250
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 9223795714
<SHARES-COMMON-STOCK> 490433561
<SHARES-COMMON-PRIOR> 496914432
<ACCUMULATED-NII-CURRENT> (68968189)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 440236450
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3338016640
<NET-ASSETS> 12933080615
<DIVIDEND-INCOME> 40677717
<INTEREST-INCOME> 48508823
<OTHER-INCOME> 0
<EXPENSES-NET> (157884486)
<NET-INVESTMENT-INCOME> (68697946)
<REALIZED-GAINS-CURRENT> 459324772
<APPREC-INCREASE-CURRENT> (647916119)
<NET-CHANGE-FROM-OPS> (257289293)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 1041851199
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 289499125
<NUMBER-OF-SHARES-REDEEMED> (335289594)
<SHARES-REINVESTED> 39309598
<NET-CHANGE-IN-ASSETS> (1595978357)
<ACCUMULATED-NII-PRIOR> (270243)
<ACCUMULATED-GAINS-PRIOR> 1022762877
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 89630173
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 161291804
<AVERAGE-NET-ASSETS> 13894845349
<PER-SHARE-NAV-BEGIN> 29.23
<PER-SHARE-NII> (0.14)
<PER-SHARE-GAIN-APPREC> (0.62)
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (2.10)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 26.37
<EXPENSE-RATIO> 1.10
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM
Constellation Fund Class B Shares October 31, 1998 annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 2
<NAME> AIM CONSTELLATION FUND CLASS B SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> OCT-31-1998
<INVESTMENTS-AT-COST> 9686416745
<INVESTMENTS-AT-VALUE> 13024285881
<RECEIVABLES> 109738011
<ASSETS-OTHER> 162973
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 13134186865
<PAYABLE-FOR-SECURITIES> 131879165
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 69227085
<TOTAL-LIABILITIES> 201106250
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 9223795714
<SHARES-COMMON-STOCK> 490433561
<SHARES-COMMON-PRIOR> 496914432
<ACCUMULATED-NII-CURRENT> (68968189)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 440236450
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3338016640
<NET-ASSETS> 12933080615
<DIVIDEND-INCOME> 40677717
<INTEREST-INCOME> 48508823
<OTHER-INCOME> 0
<EXPENSES-NET> (157884486)
<NET-INVESTMENT-INCOME> (68697946)
<REALIZED-GAINS-CURRENT> 459324772
<APPREC-INCREASE-CURRENT> (647916119)
<NET-CHANGE-FROM-OPS> (257289293)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 1041851199
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 289499125
<NUMBER-OF-SHARES-REDEEMED> (335289594)
<SHARES-REINVESTED> 39309598
<NET-CHANGE-IN-ASSETS> (1595978357)
<ACCUMULATED-NII-PRIOR> (270243)
<ACCUMULATED-GAINS-PRIOR> 1022762877
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 89630173
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 161291804
<AVERAGE-NET-ASSETS> 158509468
<PER-SHARE-NAV-BEGIN> 30.04
<PER-SHARE-NII> (0.37)
<PER-SHARE-GAIN-APPREC> (1.46)
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (2.10)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 26.11
<EXPENSE-RATIO> 1.98
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM
Constellation Fund Class C Shares October 31, 1998 annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 2
<NAME> AIM CONSTELLATION FUND CLASS C SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> OCT-31-1998
<INVESTMENTS-AT-COST> 9686416745
<INVESTMENTS-AT-VALUE> 13024285881
<RECEIVABLES> 109738011
<ASSETS-OTHER> 162973
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 13134186865
<PAYABLE-FOR-SECURITIES> 131879165
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 69227085
<TOTAL-LIABILITIES> 201106250
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 9223795714
<SHARES-COMMON-STOCK> 490433561
<SHARES-COMMON-PRIOR> 496914432
<ACCUMULATED-NII-CURRENT> (68968189)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 440236450
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3338016640
<NET-ASSETS> 12933080615
<DIVIDEND-INCOME> 40677717
<INTEREST-INCOME> 48508823
<OTHER-INCOME> 0
<EXPENSES-NET> (157884486)
<NET-INVESTMENT-INCOME> (68697946)
<REALIZED-GAINS-CURRENT> 459324772
<APPREC-INCREASE-CURRENT> (647916119)
<NET-CHANGE-FROM-OPS> (257289293)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 1041851199
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 289499125
<NUMBER-OF-SHARES-REDEEMED> (335289594)
<SHARES-REINVESTED> 39309598
<NET-CHANGE-IN-ASSETS> (1595978357)
<ACCUMULATED-NII-PRIOR> (270243)
<ACCUMULATED-GAINS-PRIOR> 1022762877
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 89630173
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 161291804
<AVERAGE-NET-ASSETS> 50654588
<PER-SHARE-NAV-BEGIN> 29.18
<PER-SHARE-NII> (0.37)
<PER-SHARE-GAIN-APPREC> (0.61)
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (2.10)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 26.10
<EXPENSE-RATIO> 1.97
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM
Constellation Fund Institutional Shares October 31, 1998 annual
report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 2
<NAME> AIM CONSTELLATION FUND INSTITUTIONAL SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> OCT-31-1998
<INVESTMENTS-AT-COST> 9686416745
<INVESTMENTS-AT-VALUE> 13024285881
<RECEIVABLES> 109738011
<ASSETS-OTHER> 162973
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 13134186865
<PAYABLE-FOR-SECURITIES> 131879165
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 69227085
<TOTAL-LIABILITIES> 201106250
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 9223795714
<SHARES-COMMON-STOCK> 490433561
<SHARES-COMMON-PRIOR> 496914432
<ACCUMULATED-NII-CURRENT> (68968189)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 440236450
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3338016640
<NET-ASSETS> 12933080615
<DIVIDEND-INCOME> 40677717
<INTEREST-INCOME> 48508823
<OTHER-INCOME> 0
<EXPENSES-NET> (157884486)
<NET-INVESTMENT-INCOME> (68697946)
<REALIZED-GAINS-CURRENT> 459324772
<APPREC-INCREASE-CURRENT> (647916119)
<NET-CHANGE-FROM-OPS> (257289293)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 1041851199
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 289499125
<NUMBER-OF-SHARES-REDEEMED> (335289594)
<SHARES-REINVESTED> 39309598
<NET-CHANGE-IN-ASSETS> (1595978357)
<ACCUMULATED-NII-PRIOR> (270243)
<ACCUMULATED-GAINS-PRIOR> 1022762877
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 89630173
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 161291804
<AVERAGE-NET-ASSETS> 195687140
<PER-SHARE-NAV-BEGIN> 30.00
<PER-SHARE-NII> 0.00
<PER-SHARE-GAIN-APPREC> (0.65)
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (2.10)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 27.25
<EXPENSE-RATIO> 0.63
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
