<PAGE> PAGE 1
000 A000000 04/30/98
000 C000000 105377
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 AIM EQUITY FUNDS, INC.
001 B000000 811-1424
001 C000000 7136261919
002 A000000 11 GREENWAY PLAZA, SUITE 100
002 B000000 HOUSTON
002 C000000 TX
002 D010000 77046
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 6
007 C010100 1
007 C020100 AIM WEINGARTEN FUND
007 C030100 N
007 C010200 2
007 C020200 AIM CONSTELLATION FUND
007 C030200 N
007 C010300 3
007 C020300 AIM CHARTER FUND
007 C030300 N
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C020700 AIM AGRESSIVE GROWTH FUND
007 C030700 N
007 C010800 8
007 C010900 9
007 C011000 10
007 C021000 AIM BLUE CHIP FUND
007 C031000 N
007 C011100 11
007 C021100 AIM CAPITAL DEVELOPMENT FUND
007 C031100 N
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
<PAGE> PAGE 2
007 C011800 18
007 C011900 19
007 C012000 20
012 A00AA01 AIM FUND SERVICES INC.
012 B00AA01 84-5432
012 C01AA01 HOUSTON
012 C02AA01 TX
012 C03AA01 77210
013 A00AA01 KPMG PEAT MARWICK LLP
013 B01AA01 HOUSTON
013 B02AA01 TX
013 B03AA01 77210
013 B04AA01 4545
015 A00AA01 STATE STREET BANK & TRUST CO
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02110
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 46
019 C00AA00 AIMFUNDSAA
020 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
020 B000001 13-5674085
020 C000001 2268
020 A000002 INSTINET CORP.
020 B000002 13-3443395
020 C000002 2090
020 A000003 GOLDMAN, SACHS & CO.
020 B000003 13-5108880
020 C000003 1641
020 A000004 MORGAN STANLEY & CO. INC.
020 B000004 13-2731510
020 C000004 1325
020 A000005 SMITH BARNEY INC.
020 B000005 13-1912900
020 C000005 1288
020 A000006 MONTGOMERY SECURITIES
020 B000006 94-1710676
020 C000006 1268
020 A000007 ITG INC.
020 B000007 95-4339369
020 C000007 1149
020 A000008 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
020 B000008 13-2741729
020 C000008 1047
020 A000009 FRANKEL (WM. V.) & CO. INC.
020 B000009 22-2210090
020 C000009 832
020 A000010 CREDIT SUISSE FIRST BOSTON CORP.
<PAGE> PAGE 3
020 B000010 13-5659485
020 C000010 736
021 000000 30770
022 A000001 GOLDMAN, SACHS & CO.
022 B000001 13-5108880
022 C000001 57892019
022 D000001 575631
022 A000002 STATE STREET BANK AND TRUST CO.
022 B000002 04-1867445
022 C000002 15294305
022 D000002 13035162
022 A000003 SBC WARBURG DILLION READ, INC.
022 B000003 13-2639550
022 C000003 24142134
022 D000003 413161
022 A000004 DEUTSCHE MORGAN GRENFELL INC.
022 B000004 13-6124068
022 C000004 12425363
022 D000004 7896551
022 A000005 UBS SECURITIES LLC
022 B000005 13-2932996
022 C000005 14489876
022 D000005 160429
022 A000006 HSBC SECURITIES, INC.
022 B000006 13-2650272
022 C000006 13606161
022 D000006 49762
022 A000007 BZW SECURITIES INC.
022 B000007 13-3551367
022 C000007 9960272
022 D000007 106556
022 A000008 CIBC OPPENHEIMER CORP.
022 B000008 13-2527171
022 C000008 7097013
022 D000008 0
022 A000009 DRESDNER KLEINWORT BENSON
022 B000009 04-2442748
022 C000009 4241991
022 D000009 1049774
022 A000010 J.P. MORGAN SECURITIES INC.
022 B000010 13-2655998
022 C000010 2938721
022 D000010 108178
023 C000000 175567746
023 D000000 160930171
026 A000000 Y
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
<PAGE> PAGE 4
026 G010000 N
026 G020000 N
026 H000000 Y
027 000000 Y
054 A00AA00 Y
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
077 A000000 Y
077 D000000 Y
077 Q010000 Y
078 000000 N
008 A000101 AIM ADVISORS INC.
008 B000101 A
008 C000101 801-12313
008 D010101 HOUSTON
008 D020101 TX
008 D030101 77046
008 A000102 AIM CAPITAL MANAGEMENT INC.
008 B000102 S
008 C000102 801-15211
008 D010102 HOUSTON
008 D020102 TX
008 D030102 77046
011 A000101 AIM DISTRIBUTORS, INC.
011 B000101 8-21323
011 C010101 HOUSTON
011 C020101 TX
011 C030101 77046
011 A000102 FUND MANAGEMENT CO.
011 B000102 8-41848
011 C010102 HOUSTON
011 C020102 TX
011 C030102 77046
024 000100 Y
025 A000101 MERRILL LYNCH & CO., INC.
025 B000101 13-5674085
025 C000101 E
025 D000101 37294
025 A000102 GOLDMAN, SACHS & CO.
<PAGE> PAGE 5
025 B000102 13-5108880
025 C000102 D
025 D000102 300000
025 A000103 HSBC SECURITIES, INC.
025 B000103 13-2650272
025 C000103 D
025 D000103 30000
025 D000104 0
025 D000105 0
025 D000106 0
025 D000107 0
025 D000108 0
028 A010100 86957
028 A020100 2
028 A030100 0
028 A040100 98242
028 B010100 142006
028 B020100 879653
028 B030100 0
028 B040100 149040
028 C010100 113732
028 C020100 68
028 C030100 0
028 C040100 132129
028 D010100 136591
028 D020100 31
028 D030100 0
028 D040100 161874
028 E010100 158049
028 E020100 10
028 E030100 0
028 E040100 185917
028 F010100 168104
028 F020100 5
028 F030100 0
028 F040100 176508
028 G010100 805439
028 G020100 879769
028 G030100 0
028 G040100 903710
028 H000100 111765
029 000100 Y
030 A000100 5508
030 B000100 5.50
030 C000100 0.00
031 A000100 863
031 B000100 0
032 000100 4644
033 000100 0
034 000100 Y
035 000100 21
<PAGE> PAGE 6
036 A000100 N
036 B000100 0
037 000100 N
038 000100 0
039 000100 N
040 000100 Y
041 000100 Y
042 A000100 0
042 B000100 0
042 C000100 100
042 D000100 0
042 E000100 0
042 F000100 0
042 G000100 0
042 H000100 0
043 000100 11866
044 000100 0
045 000100 Y
046 000100 N
047 000100 Y
048 000100 0.000
048 A010100 30000
048 A020100 1.000
048 B010100 320000
048 B020100 0.750
048 C010100 0
048 C020100 0.000
048 D010100 0
048 D020100 0.000
048 E010100 0
048 E020100 0.000
048 F010100 0
048 F020100 0.000
048 G010100 0
048 G020100 0.000
048 H010100 0
048 H020100 0.000
048 I010100 0
048 I020100 0.000
048 J010100 0
048 J020100 0.000
048 K010100 350000
048 K020100 0.625
049 000100 N
050 000100 N
051 000100 N
052 000100 N
053 A000100 Y
053 B000100 Y
062 A000100 N
062 B000100 0.0
<PAGE> PAGE 7
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
066 A000100 Y
066 B000100 N
066 C000100 N
066 D000100 Y
066 E000100 N
066 F000100 N
066 G000100 N
067 000100 N
068 A000100 N
068 B000100 N
069 000100 N
070 A010100 Y
070 A020100 Y
070 B010100 Y
070 B020100 Y
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 Y
070 F020100 Y
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 Y
070 K010100 Y
070 K020100 N
070 L010100 Y
070 L020100 Y
<PAGE> PAGE 8
070 M010100 Y
070 M020100 Y
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 Y
070 Q010100 N
070 Q020100 N
070 R010100 Y
070 R020100 N
071 A000100 3608085
071 B000100 3861427
071 C000100 6362363
071 D000100 57
072 A000100 6
072 B000100 13885
072 C000100 27730
072 D000100 0
072 E000100 0
072 F000100 21095
072 G000100 0
072 H000100 0
072 I000100 4304
072 J000100 452
072 K000100 0
072 L000100 425
072 M000100 34
072 N000100 100
072 O000100 0
072 P000100 0
072 Q000100 134
072 R000100 38
072 S000100 31
072 T000100 11866
072 U000100 0
072 V000100 0
072 W000100 95
072 X000100 38574
072 Y000100 1431
072 Z000100 4472
072AA000100 794830
072BB000100 210414
072CC010100 534524
072CC020100 0
072DD010100 0
072DD020100 0
072EE000100 0
073 A010100 0.0000
073 A020100 0.0000
<PAGE> PAGE 9
073 B000100 3.3450
073 C000100 0.0000
074 A000100 1191
074 B000100 330698
074 C000100 0
074 D000100 39381
074 E000100 42000
074 F000100 6884331
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 53438
074 K000100 0
074 L000100 12282
074 M000100 247
074 N000100 7363568
074 O000100 11467
074 P000100 6347
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 502
074 R040100 13421
074 S000100 0
074 T000100 7331831
074 U010100 288014
074 U020100 33298
074 V010100 0.00
074 V020100 0.00
074 W000100 0.0000
074 X000100 399316
074 Y000100 27037
075 A000100 0
075 B000100 6751916
076 000100 0.00
008 A000201 AIM ADVISORS INC.
008 B000201 A
008 C000201 801-12313
008 D010201 HOUSTON
008 D020201 TX
008 D030201 77046
008 A000202 AIM CAPITAL MANAGEMENT INC.
008 B000202 S
008 C000202 801-15211
008 D010202 HOUSTON
008 D020202 TX
008 D030202 77046
011 A000201 AIM DISTRIBUTORS, INC.
011 B000201 8-21323
011 C010201 HOUSTON
011 C020201 TX
<PAGE> PAGE 10
011 C030201 77046
011 A000202 FUND MANAGEMENT CO.
011 B000202 8-41848
011 C010202 HOUSTON
011 C020202 TX
011 C030202 77046
024 000200 Y
025 A000201 BZW SECURITIES INC.
025 B000201 13-3551367
025 C000201 D
025 D000201 369950
025 A000202 GOLDMAN, SACHS & CO.
025 B000202 13-5108880
025 C000202 D
025 D000202 22354
025 A000203 HSBC SECURITIES, INC.
025 B000203 13-2650272
025 C000203 D
025 D000203 345000
028 A010200 474236
028 A020200 0
028 A030200 0
028 A040200 439362
028 B010200 700621
028 B020200 975700
028 B030200 0
028 B040200 608321
028 C010200 586254
028 C020200 228
028 C030200 0
028 C040200 671016
028 D010200 718557
028 D020200 108
028 D030200 0
028 D040200 820804
028 E010200 770666
028 E020200 13
028 E030200 0
028 E040200 993951
028 F010200 820620
028 F020200 3
028 F030200 0
028 F040200 848793
028 G010200 4070954
028 G020200 976052
028 G030200 0
028 G040200 4382247
028 H000200 411474
029 000200 Y
030 A000200 21313
030 B000200 5.50
<PAGE> PAGE 11
030 C000200 0.00
031 A000200 3248
031 B000200 0
032 000200 18065
033 000200 0
034 000200 Y
035 000200 208
036 A000200 N
036 B000200 0
037 000200 N
038 000200 0
039 000200 N
040 000200 Y
041 000200 Y
042 A000200 0
042 B000200 0
042 C000200 100
042 D000200 0
042 E000200 0
042 F000200 0
042 G000200 0
042 H000200 0
043 000200 21895
044 000200 0
045 000200 Y
046 000200 N
047 000200 Y
048 000200 0.000
048 A010200 30000
048 A020200 1.000
048 B010200 120000
048 B020200 0.750
048 C010200 0
048 C020200 0.000
048 D010200 0
048 D020200 0.000
048 E010200 0
048 E020200 0.000
048 F010200 0
048 F020200 0.000
048 G010200 0
048 G020200 0.000
048 H010200 0
048 H020200 0.000
048 I010200 0
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 150000
048 K020200 0.625
049 000200 N
<PAGE> PAGE 12
050 000200 N
051 000200 N
052 000200 N
053 A000200 Y
053 B000200 Y
062 A000200 N
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
066 A000200 Y
066 B000200 N
066 C000200 Y
066 D000200 N
066 E000200 N
066 F000200 N
066 G000200 N
067 000200 N
068 A000200 N
068 B000200 N
069 000200 N
070 A010200 Y
070 A020200 Y
070 B010200 Y
070 B020200 Y
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 Y
070 F020200 Y
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
<PAGE> PAGE 13
070 I020200 N
070 J010200 Y
070 J020200 Y
070 K010200 Y
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 Y
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 Y
070 Q010200 N
070 Q020200 N
070 R010200 Y
070 R020200 N
071 A000200 5208411
071 B000200 5779274
071 C000200 13921503
071 D000200 37
072 A000200 6
072 B000200 23325
072 C000200 19770
072 D000200 0
072 E000200 0
072 F000200 45483
072 G000200 0
072 H000200 0
072 I000200 11764
072 J000200 472
072 K000200 0
072 L000200 396
072 M000200 63
072 N000200 301
072 O000200 0
072 P000200 0
072 Q000200 139
072 R000200 74
072 S000200 42
072 T000200 21895
072 U000200 0
072 V000200 0
072 W000200 135
072 X000200 80764
072 Y000200 1695
072 Z000200 -35974
072AA000200 1252938
072BB000200 747558
<PAGE> PAGE 14
072CC010200 1131069
072CC020200 0
072DD010200 0
072DD020200 0
072EE000200 1021487
073 A010200 0.0000
073 A020200 0.0000
073 B000200 2.0550
073 C000200 0.0000
074 A000200 0
074 B000200 745011
074 C000200 175000
074 D000200 61002
074 E000200 0
074 F000200 14797629
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 134688
074 K000200 0
074 L000200 33815
074 M000200 181
074 N000200 15947326
074 O000200 111832
074 P000200 12611
074 Q000200 0
074 R010200 50077
074 R020200 0
074 R030200 0
074 R040200 0
074 S000200 0
074 T000200 15772806
074 U010200 509745
074 U020200 15039
074 V010200 0.00
074 V020200 0.00
074 W000200 0.0000
074 X000200 932888
074 Y000200 0
075 A000200 0
075 B000200 14770240
076 000200 0.00
008 A000301 AIM ADVISORS INC.
008 B000301 A
008 C000301 801-12313
008 D010301 HOUSTON
008 D020301 TX
008 D030301 77046
008 A000302 AIM CAPITAL MANAGEMENT INC.
008 B000302 S
008 C000302 801-15211
<PAGE> PAGE 15
008 D010302 HOUSTON
008 D020302 TX
008 D030302 77046
011 A000301 AIM DISTRIBUTORS, INC.
011 B000301 8-21323
011 C010301 HOUSTON
011 C020301 TX
011 C030301 77046
011 A000302 FUND MANAGEMENT CO.
011 B000302 8-41848
011 C010302 HOUSTON
011 C020302 TX
011 C030302 77046
024 000300 Y
025 A000301 MERRILL LYNCH & CO., INC.
025 B000301 13-5674085
025 C000301 D
025 D000301 43875
025 A000302 DELETE
025 D000302 0
025 D000303 0
025 D000304 0
025 D000305 0
025 D000306 0
025 D000307 0
025 D000308 0
028 A010300 81811
028 A020300 1
028 A030300 0
028 A040300 59780
028 B010300 117318
028 B020300 436723
028 B030300 0
028 B040300 71727
028 C010300 110177
028 C020300 94
028 C030300 0
028 C040300 89661
028 D010300 110453
028 D020300 16
028 D030300 0
028 D040300 97964
028 E010300 125672
028 E020300 12798
028 E030300 0
028 E040300 91543
028 F010300 144127
028 F020300 33
028 F030300 0
028 F040300 115651
028 G010300 689558
<PAGE> PAGE 16
028 G020300 449665
028 G030300 0
028 G040300 526326
028 H000300 147370
029 000300 Y
030 A000300 7011
030 B000300 5.50
030 C000300 0.00
031 A000300 1087
031 B000300 0
032 000300 5924
033 000300 0
034 000300 Y
035 000300 78
036 A000300 N
036 B000300 0
037 000300 N
038 000300 0
039 000300 N
040 000300 Y
041 000300 Y
042 A000300 0
042 B000300 0
042 C000300 100
042 D000300 0
042 E000300 0
042 F000300 0
042 G000300 0
042 H000300 0
043 000300 11418
044 000300 0
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.000
048 A010300 30000
048 A020300 1.000
048 B010300 120000
048 B020300 0.750
048 C010300 0
048 C020300 0.000
048 D010300 0
048 D020300 0.000
048 E010300 0
048 E020300 0.000
048 F010300 0
048 F020300 0.000
048 G010300 0
048 G020300 0.000
048 H010300 0
048 H020300 0.000
<PAGE> PAGE 17
048 I010300 0
048 I020300 0.000
048 J010300 0
048 J020300 0.000
048 K010300 150000
048 K020300 0.625
049 000300 N
050 000300 N
051 000300 N
052 000300 N
053 A000300 Y
053 B000300 Y
055 A000300 N
055 B000300 N
056 000300 N
057 000300 N
058 A000300 N
059 000300 Y
060 A000300 Y
060 B000300 Y
061 000300 500
062 A000300 N
062 B000300 0.0
062 C000300 0.0
062 D000300 0.0
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
066 A000300 Y
066 B000300 N
066 C000300 N
066 D000300 N
066 E000300 Y
066 F000300 N
066 G000300 N
067 000300 N
068 A000300 N
068 B000300 N
069 000300 N
070 A010300 Y
<PAGE> PAGE 18
070 A020300 Y
070 B010300 Y
070 B020300 Y
070 C010300 Y
070 C020300 Y
070 D010300 N
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 Y
070 F020300 Y
070 G010300 N
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 Y
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 Y
070 M010300 Y
070 M020300 Y
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 Y
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 3682213
071 B000300 3633873
071 C000300 4904032
071 D000300 74
072 A000300 6
072 B000300 20463
072 C000300 29788
072 D000300 0
072 E000300 0
072 F000300 15307
072 G000300 0
072 H000300 0
072 I000300 3288
072 J000300 203
072 K000300 0
072 L000300 285
<PAGE> PAGE 19
072 M000300 16
072 N000300 204
072 O000300 0
072 P000300 361
072 Q000300 69
072 R000300 34
072 S000300 16
072 T000300 11418
072 U000300 0
072 V000300 0
072 W000300 68
072 X000300 31269
072 Y000300 494
072 Z000300 19476
072AA000300 477785
072BB000300 210291
072CC010300 359034
072CC020300 0
072DD010300 11381
072DD020300 2270
072EE000300 460151
073 A010300 0.0000
073 A020300 0.0000
073 B000300 1.3380
073 C000300 0.0000
074 A000300 866
074 B000300 67928
074 C000300 0
074 D000300 712158
074 E000300 498641
074 F000300 4046637
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 62429
074 K000300 0
074 L000300 37349
074 M000300 169
074 N000300 5426177
074 O000300 51168
074 P000300 5166
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 103
074 R040300 15776
074 S000300 0
074 T000300 5353964
074 U010300 284909
074 U020300 105847
074 V010300 0.00
<PAGE> PAGE 20
074 V020300 0.00
074 W000300 0.0000
074 X000300 270757
074 Y000300 5805
075 A000300 0
075 B000300 4931975
076 000300 0.00
008 A000701 AIM ADVISORS INC.
008 B000701 A
008 C000701 801-12313
008 D010701 HOUSTON
008 D020701 TX
008 D030701 77046
011 A000701 AIM DISTRIBUTORS, INC.
011 B000701 8-21323
011 C010701 HOUSTON
011 C020701 TX
011 C030701 77046
028 A010700 88192
028 A020700 2
028 A030700 0
028 A040700 103078
028 B010700 150738
028 B020700 126973
028 B030700 0
028 B040700 169343
028 C010700 137071
028 C020700 0
028 C030700 0
028 C040700 211619
028 D010700 166507
028 D020700 0
028 D030700 0
028 D040700 215855
028 E010700 186050
028 E020700 0
028 E030700 0
028 E040700 269709
028 F010700 207353
028 F020700 0
028 F030700 0
028 F040700 249238
028 G010700 935911
028 G020700 126973
028 G030700 0
028 G040700 1218842
028 H000700 63893
029 000700 Y
030 A000700 3078
030 B000700 5.50
030 C000700 0.00
<PAGE> PAGE 21
031 A000700 489
031 B000700 0
032 000700 2589
033 000700 0
034 000700 Y
035 000700 19
036 A000700 N
036 B000700 0
037 000700 N
038 000700 0
039 000700 N
040 000700 Y
041 000700 Y
042 A000700 0
042 B000700 0
042 C000700 100
042 D000700 0
042 E000700 0
042 F000700 0
042 G000700 0
042 H000700 0
043 000700 4588
044 000700 0
045 000700 Y
046 000700 N
047 000700 Y
048 000700 0.000
048 A010700 150000
048 A020700 0.800
048 B010700 0
048 B020700 0.000
048 C010700 0
048 C020700 0.000
048 D010700 0
048 D020700 0.000
048 E010700 0
048 E020700 0.000
048 F010700 0
048 F020700 0.000
048 G010700 0
048 G020700 0.000
048 H010700 0
048 H020700 0.000
048 I010700 0
048 I020700 0.000
048 J010700 0
048 J020700 0.000
048 K010700 150000
048 K020700 0.625
049 000700 N
050 000700 N
<PAGE> PAGE 22
051 000700 N
052 000700 N
053 A000700 Y
053 B000700 Y
055 A000700 N
055 B000700 N
056 000700 N
057 000700 N
058 A000700 N
059 000700 Y
060 A000700 Y
060 B000700 Y
061 000700 500
062 A000700 N
062 B000700 0.0
062 C000700 0.0
062 D000700 0.0
062 E000700 0.0
062 F000700 0.0
062 G000700 0.0
062 H000700 0.0
062 I000700 0.0
062 J000700 0.0
062 K000700 0.0
062 L000700 0.0
062 M000700 0.0
062 N000700 0.0
062 O000700 0.0
062 P000700 0.0
062 Q000700 0.0
062 R000700 0.0
066 A000700 Y
066 B000700 Y
066 C000700 N
066 D000700 N
066 E000700 N
066 F000700 N
066 G000700 N
067 000700 N
068 A000700 N
068 B000700 N
069 000700 N
070 A010700 Y
070 A020700 Y
070 B010700 Y
070 B020700 Y
070 C010700 N
070 C020700 N
070 D010700 N
070 D020700 N
070 E010700 N
<PAGE> PAGE 23
070 E020700 N
070 F010700 Y
070 F020700 Y
070 G010700 Y
070 G020700 N
070 H010700 Y
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
070 R010700 Y
070 R020700 N
071 A000700 1184974
071 B000700 1507981
071 C000700 3349245
071 D000700 35
072 A000700 6
072 B000700 4870
072 C000700 1731
072 D000700 0
072 E000700 0
072 F000700 11599
072 G000700 0
072 H000700 0
072 I000700 2469
072 J000700 144
072 K000700 0
072 L000700 217
072 M000700 16
072 N000700 108
072 O000700 0
072 P000700 0
072 Q000700 53
072 R000700 34
072 S000700 24
072 T000700 4588
<PAGE> PAGE 24
072 U000700 0
072 V000700 0
072 W000700 124
072 X000700 19376
072 Y000700 52
072 Z000700 -12723
072AA000700 363377
072BB000700 229543
072CC010700 178279
072CC020700 0
072DD010700 0
072DD020700 0
072EE000700 135731
073 A010700 0.0000
073 A020700 0.0000
073 B000700 1.7790
073 C000700 0.0000
074 A000700 0
074 B000700 180158
074 C000700 0
074 D000700 12933
074 E000700 12636
074 F000700 3661590
074 G000700 0
074 H000700 0
074 I000700 0
074 J000700 23734
074 K000700 0
074 L000700 4387
074 M000700 52
074 N000700 3895490
074 O000700 5391
074 P000700 3018
074 Q000700 0
074 R010700 15123
074 R020700 0
074 R030700 0
074 R040700 0
074 S000700 0
074 T000700 3871958
074 U010700 74454
074 U020700 0
074 V010700 52.01
074 V020700 0.00
074 W000700 0.0000
074 X000700 221150
074 Y000700 0
075 A000700 0
075 B000700 3748808
076 000700 0.00
008 A001001 AIM ADVISORS INC.
<PAGE> PAGE 25
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
011 C011001 HOUSTON
011 C021001 TX
011 C031001 77046
024 001000 Y
025 A001001 MERRILL LYNCH & CO., INC.
025 B001001 13-5674085
025 C001001 E
025 D001001 14918
025 A001002 GOLDMAN, SACHS & CO., INC.
025 B001002 13-5108880
025 C001002 D
025 D001002 79000
025 D001003 0
025 D001004 0
025 D001005 0
025 D001006 0
025 D001007 0
025 D001008 0
028 A011000 47944
028 A021000 0
028 A031000 0
028 A041000 10740
028 B011000 79884
028 B021000 16660
028 B031000 0
028 B041000 30616
028 C011000 117669
028 C021000 0
028 C031000 0
028 C041000 40673
028 D011000 106002
028 D021000 0
028 D031000 0
028 D041000 25559
028 E011000 121879
028 E021000 0
028 E031000 0
028 E041000 42666
028 F011000 138043
028 F021000 0
028 F031000 0
028 F041000 54610
028 G011000 611421
028 G021000 16660
<PAGE> PAGE 26
028 G031000 0
028 G041000 204864
028 H001000 94354
029 001000 Y
030 A001000 4468
030 B001000 5.50
030 C001000 0.00
031 A001000 700
031 B001000 0
032 001000 3768
033 001000 0
034 001000 Y
035 001000 18
036 A001000 N
036 B001000 0
037 001000 N
038 001000 0
039 001000 N
040 001000 Y
041 001000 Y
042 A001000 0
042 B001000 0
042 C001000 100
042 D001000 0
042 E001000 0
042 F001000 0
042 G001000 0
042 H001000 0
043 001000 3006
044 001000 0
045 001000 Y
046 001000 N
047 001000 Y
048 001000 0.000
048 A011000 350000
048 A021000 0.750
048 B011000 0
048 B021000 0.000
048 C011000 0
048 C021000 0.000
048 D011000 0
048 D021000 0.000
048 E011000 0
048 E021000 0.000
048 F011000 0
048 F021000 0.000
048 G011000 0
048 G021000 0.000
048 H011000 0
048 H021000 0.000
048 I011000 0
<PAGE> PAGE 27
048 I021000 0.000
048 J011000 0
048 J021000 0.000
048 K011000 350000
048 K021000 0.625
049 001000 N
050 001000 N
051 001000 N
052 001000 N
053 A001000 Y
053 B001000 Y
062 A001000 N
062 B001000 0.0
062 C001000 0.0
062 D001000 0.0
062 E001000 0.0
062 F001000 0.0
062 G001000 0.0
062 H001000 0.0
062 I001000 0.0
062 J001000 0.0
062 K001000 0.0
062 L001000 0.0
062 M001000 0.0
062 N001000 0.0
062 O001000 0.0
062 P001000 0.0
062 Q001000 0.0
062 R001000 0.0
066 A001000 Y
066 B001000 N
066 C001000 N
066 D001000 Y
066 E001000 N
066 F001000 N
066 G001000 N
067 001000 N
068 A001000 N
068 B001000 N
069 001000 N
070 A011000 Y
070 A021000 Y
070 B011000 Y
070 B021000 Y
070 C011000 N
070 C021000 N
070 D011000 N
070 D021000 N
070 E011000 N
070 E021000 N
070 F011000 Y
<PAGE> PAGE 28
070 F021000 Y
070 G011000 N
070 G021000 N
070 H011000 Y
070 H021000 N
070 I011000 N
070 I021000 N
070 J011000 Y
070 J021000 Y
070 K011000 Y
070 K021000 Y
070 L011000 Y
070 L021000 Y
070 M011000 Y
070 M021000 Y
070 N011000 Y
070 N021000 N
070 O011000 Y
070 O021000 N
070 P011000 Y
070 P021000 N
070 Q011000 N
070 Q021000 N
070 R011000 Y
070 R021000 N
071 A001000 508835
071 B001000 164091
071 C001000 907659
071 D001000 18
072 A001000 6
072 B001000 3539
072 C001000 4945
072 D001000 0
072 E001000 0
072 F001000 3393
072 G001000 0
072 H001000 0
072 I001000 910
072 J001000 50
072 K001000 0
072 L001000 73
072 M001000 6
072 N001000 233
072 O001000 0
072 P001000 0
072 Q001000 36
072 R001000 18
072 S001000 6
072 T001000 3006
072 U001000 0
072 V001000 0
<PAGE> PAGE 29
072 W001000 33
072 X001000 7764
072 Y001000 6
072 Z001000 726
072AA001000 15126
072BB001000 740
072CC011000 185204
072CC021000 0
072DD011000 1249
072DD021000 0
072EE001000 16237
073 A011000 0.0730
073 A021000 0.0000
073 B001000 0.6150
073 C001000 0.0000
074 A001000 385
074 B001000 79441
074 C001000 48160
074 D001000 0
074 E001000 8254
074 F001000 1234728
074 G001000 69
074 H001000 0
074 I001000 0
074 J001000 1086
074 K001000 0
074 L001000 14971
074 M001000 93
074 N001000 1387187
074 O001000 10711
074 P001000 1488
074 Q001000 0
074 R011000 0
074 R021000 0
074 R031000 0
074 R041000 2478
074 S001000 0
074 T001000 1372510
074 U011000 22471
074 U021000 14981
074 V011000 0.00
074 V021000 0.00
074 W001000 0.0000
074 X001000 103702
074 Y001000 3194
075 A001000 0
075 B001000 1031932
076 001000 0.00
008 A001101 AIM ADVISORS INC.
008 B001101 A
008 C001101 801-12313
<PAGE> PAGE 30
008 D011101 HOUSTON
008 D021101 TX
008 D031101 77046
011 A001101 AIM DISTRIBUTORS, INC.
011 B001101 8-21323
011 C011101 HOUSTON
011 C021101 TX
011 C031101 77046
024 001100 Y
025 A001101 GOLDMAN, SACHS & CO., INC.
025 B001101 13-5108880
025 C001101 D
025 D001101 112300
028 A011100 104632
028 A021100 0
028 A031100 0
028 A041100 49246
028 B011100 122988
028 B021100 0
028 B031100 0
028 B041100 73170
028 C011100 119780
028 C021100 0
028 C031100 0
028 C041100 85808
028 D011100 139695
028 D021100 0
028 D031100 0
028 D041100 84862
028 E011100 212094
028 E021100 0
028 E031100 0
028 E041100 150279
028 F011100 224347
028 F021100 0
028 F031100 0
028 F041100 120145
028 G011100 923536
028 G021100 0
028 G031100 0
028 G041100 563510
028 H001100 119263
029 001100 Y
030 A001100 5660
030 B001100 5.50
030 C001100 0.00
031 A001100 920
031 B001100 0
032 001100 4740
033 001100 0
034 001100 Y
<PAGE> PAGE 31
035 001100 20
036 A001100 N
036 B001100 0
037 001100 N
038 001100 0
039 001100 N
040 001100 Y
041 001100 Y
042 A001100 0
042 B001100 0
042 C001100 100
042 D001100 0
042 E001100 0
042 F001100 0
042 G001100 0
042 H001100 0
043 001100 3183
044 001100 0
045 001100 Y
046 001100 N
047 001100 Y
048 001100 0.000
048 A011100 350000
048 A021100 0.750
048 B011100 0
048 B021100 0.000
048 C011100 0
048 C021100 0.000
048 D011100 0
048 D021100 0.000
048 E011100 0
048 E021100 0.000
048 F011100 0
048 F021100 0.000
048 G011100 0
048 G021100 0.000
048 H011100 0
048 H021100 0.000
048 I011100 0
048 I021100 0.000
048 J011100 0
048 J021100 0.000
048 K011100 350000
048 K021100 0.625
049 001100 N
050 001100 N
051 001100 N
052 001100 N
053 A001100 Y
053 B001100 Y
055 A001100 N
<PAGE> PAGE 32
055 B001100 N
056 001100 N
057 001100 N
058 A001100 N
059 001100 Y
060 A001100 Y
060 B001100 Y
061 001100 500
062 A001100 N
062 B001100 0.0
062 C001100 0.0
062 D001100 0.0
062 E001100 0.0
062 F001100 0.0
062 G001100 0.0
062 H001100 0.0
062 I001100 0.0
062 J001100 0.0
062 K001100 0.0
062 L001100 0.0
062 M001100 0.0
062 N001100 0.0
062 O001100 0.0
062 P001100 0.0
062 Q001100 0.0
062 R001100 0.0
066 A001100 Y
066 B001100 N
066 C001100 Y
066 D001100 N
066 E001100 N
066 F001100 N
066 G001100 N
067 001100 N
068 A001100 N
068 B001100 N
069 001100 N
070 A011100 Y
070 A021100 Y
070 B011100 Y
070 B021100 Y
070 C011100 N
070 C021100 N
070 D011100 N
070 D021100 N
070 E011100 N
070 E021100 N
070 F011100 Y
070 F021100 Y
070 G011100 Y
070 G021100 N
<PAGE> PAGE 33
070 H011100 Y
070 H021100 N
070 I011100 N
070 I021100 N
070 J011100 N
070 J021100 N
070 K011100 Y
070 K021100 N
070 L011100 Y
070 L021100 Y
070 M011100 Y
070 M021100 Y
070 N011100 Y
070 N021100 N
070 O011100 N
070 O021100 N
070 P011100 Y
070 P021100 Y
070 Q011100 N
070 Q021100 N
070 R011100 Y
070 R021100 N
071 A001100 583298
071 B001100 267934
071 C001100 1003601
071 D001100 27
072 A001100 6
072 B001100 2255
072 C001100 2717
072 D001100 0
072 E001100 0
072 F001100 3555
072 G001100 0
072 H001100 0
072 I001100 1255
072 J001100 57
072 K001100 0
072 L001100 0
072 M001100 6
072 N001100 81
072 O001100 0
072 P001100 0
072 Q001100 38
072 R001100 12
072 S001100 5
072 T001100 3183
072 U001100 0
072 V001100 0
072 W001100 166
072 X001100 8358
072 Y001100 20
<PAGE> PAGE 34
072 Z001100 -3366
072AA001100 15390
072BB001100 290
072CC011100 146315
072CC021100 0
072DD011100 0
072DD021100 0
072EE001100 0
073 A011100 0.0000
073 A021100 0.0000
073 B001100 0.0000
073 C001100 0.0000
074 A001100 0
074 B001100 124775
074 C001100 0
074 D001100 0
074 E001100 0
074 F001100 1276460
074 G001100 0
074 H001100 0
074 I001100 0
074 J001100 3400
074 K001100 0
074 L001100 16084
074 M001100 184
074 N001100 1420903
074 O001100 2842
074 P001100 1556
074 Q001100 0
074 R011100 0
074 R021100 0
074 R031100 23
074 R041100 10903
074 S001100 0
074 T001100 1405579
074 U011100 50677
074 U021100 34055
074 V011100 0.00
074 V021100 0.00
074 W001100 0.0000
074 X001100 124904
074 Y001100 619
075 A001100 0
075 B001100 1094578
076 001100 0.00
SIGNATURE JOHN J. ARTHUR
TITLE SR. V.P & TREASURER
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 A Shares April 30, 1998 semi-annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 3
<NAME> AIM CHARTER FUND CLASS A SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 4056440885
<INVESTMENTS-AT-VALUE> 5325364356
<RECEIVABLES> 9978148
<ASSETS-OTHER> 168450
<OTHER-ITEMS-ASSETS> 866353
<TOTAL-ASSETS> 5426177307
<PAYABLE-FOR-SECURITIES> 51167734
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 21045236
<TOTAL-LIABILITIES> 72212970
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3813645409
<SHARES-COMMON-STOCK> 390755802
<SHARES-COMMON-PRIOR> 340900606
<ACCUMULATED-NII-CURRENT> 7827370
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 263532613
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1268958945
<NET-ASSETS> 5353964337
<DIVIDEND-INCOME> 29787570
<INTEREST-INCOME> 20463321
<OTHER-INCOME> 0
<EXPENSES-NET> (30774603)
<NET-INVESTMENT-INCOME> 19476288
<REALIZED-GAINS-CURRENT> 267493659
<APPREC-INCREASE-CURRENT> 359033733
<NET-CHANGE-FROM-OPS> 646003680
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (13651052)
<DISTRIBUTIONS-OF-GAINS> (460150910)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 52884271
<NUMBER-OF-SHARES-REDEEMED> (40279017)
<SHARES-REINVESTED> 37249942
<NET-CHANGE-IN-ASSETS> 785098171
<ACCUMULATED-NII-PRIOR> 2895981
<ACCUMULATED-GAINS-PRIOR> 456189864
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 15306678
<INTEREST-EXPENSE> 361470
<GROSS-EXPENSE> 31268689
<AVERAGE-NET-ASSETS> 3645743696
<PER-SHARE-NAV-BEGIN> 13.41
<PER-SHARE-NII> .06
<PER-SHARE-GAIN-APPREC> 1.63
<PER-SHARE-DIVIDEND> (.04)
<PER-SHARE-DISTRIBUTIONS> (1.34)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.72
<EXPENSE-RATIO> 1.08
<AVG-DEBT-OUTSTANDING> 9531
<AVG-DEBT-PER-SHARE> .0340
</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 Institutional Class April 30, 1998 semi-annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 3
<NAME> AIM CHARTER FUND INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 4056440885
<INVESTMENTS-AT-VALUE> 5325364356
<RECEIVABLES> 99778148
<ASSETS-OTHER> 168450
<OTHER-ITEMS-ASSETS> 866353
<TOTAL-ASSETS> 5426177307
<PAYABLE-FOR-SECURITIES> 51167734
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 21045236
<TOTAL-LIABILITIES> 72212970
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3813645409
<SHARES-COMMON-STOCK> 390755802
<SHARES-COMMON-PRIOR> 340900606
<ACCUMULATED-NII-CURRENT> 7827370
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 263532613
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1268958945
<NET-ASSETS> 5353964337
<DIVIDEND-INCOME> 29787570
<INTEREST-INCOME> 20463321
<OTHER-INCOME> 0
<EXPENSES-NET> (30774603)
<NET-INVESTMENT-INCOME> 19476288
<REALIZED-GAINS-CURRENT> 267493659
<APPREC-INCREASE-CURRENT> 359033733
<NET-CHANGE-FROM-OPS> 646003680
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (13651052)
<DISTRIBUTIONS-OF-GAINS> (460150910)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 52884271
<NUMBER-OF-SHARES-REDEEMED> (40279017)
<SHARES-REINVESTED> 37249942
<NET-CHANGE-IN-ASSETS> 785098171
<ACCUMULATED-NII-PRIOR> 2895981
<ACCUMULATED-GAINS-PRIOR> 456189864
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 15306678
<INTEREST-EXPENSE> 361470
<GROSS-EXPENSE> 31268689
<AVERAGE-NET-ASSETS> 42274309
<PER-SHARE-NAV-BEGIN> 13.48
<PER-SHARE-NII> .09
<PER-SHARE-GAIN-APPREC> 1.64
<PER-SHARE-DIVIDEND> (.05)
<PER-SHARE-DISTRIBUTIONS> (1.34)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.82
<EXPENSE-RATIO> .66
<AVG-DEBT-OUTSTANDING> 111
<AVG-DEBT-PER-SHARE> .0346
</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 April 30, 1998 semi-annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 3
<NAME> AIM CHARTER FUND CLASS B SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 4056440885
<INVESTMENTS-AT-VALUE> 5325364356
<RECEIVABLES> 99778148
<ASSETS-OTHER> 168450
<OTHER-ITEMS-ASSETS> 866353
<TOTAL-ASSETS> 5426177307
<PAYABLE-FOR-SECURITIES> 51167734
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 21045236
<TOTAL-LIABILITIES> 72212970
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3813645409
<SHARES-COMMON-STOCK> 390755802
<SHARES-COMMON-PRIOR> 340900606
<ACCUMULATED-NII-CURRENT> 7827370
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 263532613
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1268958945
<NET-ASSETS> 5353964337
<DIVIDEND-INCOME> 29787570
<INTEREST-INCOME> 20463321
<OTHER-INCOME> 0
<EXPENSES-NET> (30774603)
<NET-INVESTMENT-INCOME> 19476288
<REALIZED-GAINS-CURRENT> 267493659
<APPREC-INCREASE-CURRENT> 359033733
<NET-CHANGE-FROM-OPS> 646003680
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (13651052)
<DISTRIBUTIONS-OF-GAINS> (460150910)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 52884271
<NUMBER-OF-SHARES-REDEEMED> (40279017)
<SHARES-REINVESTED> 37249942
<NET-CHANGE-IN-ASSETS> 785098171
<ACCUMULATED-NII-PRIOR> 2895981
<ACCUMULATED-GAINS-PRIOR> 456189864
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 15306678
<INTEREST-EXPENSE> 361470
<GROSS-EXPENSE> 31268689
<AVERAGE-NET-ASSETS> 1195797973
<PER-SHARE-NAV-BEGIN> 13.37
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> 1.62
<PER-SHARE-DIVIDEND> (.02)
<PER-SHARE-DISTRIBUTIONS> (1.34)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.64
<EXPENSE-RATIO> 1.83
<AVG-DEBT-OUTSTANDING> 3126
<AVG-DEBT-PER-SHARE> .0340
</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 April 30, 1998 semi-annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 3
<NAME> AIM CHARTER FUND CLASS C SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 4056440885
<INVESTMENTS-AT-VALUE> 5325364356
<RECEIVABLES> 99778148
<ASSETS-OTHER> 168450
<OTHER-ITEMS-ASSETS> 866353
<TOTAL-ASSETS> 5426177307
<PAYABLE-FOR-SECURITIES> 51167734
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 21045236
<TOTAL-LIABILITIES> 72212970
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3813645409
<SHARES-COMMON-STOCK> 390755802
<SHARES-COMMON-PRIOR> 340900606
<ACCUMULATED-NII-CURRENT> 7827370
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 263532613
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1268958945
<NET-ASSETS> 5353964337
<DIVIDEND-INCOME> 29787570
<INTEREST-INCOME> 20463321
<OTHER-INCOME> 0
<EXPENSES-NET> (30774603)
<NET-INVESTMENT-INCOME> 19476288
<REALIZED-GAINS-CURRENT> 267493659
<APPREC-INCREASE-CURRENT> 359033733
<NET-CHANGE-FROM-OPS> 646003680
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (13651052)
<DISTRIBUTIONS-OF-GAINS> (460150910)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 52884271
<NUMBER-OF-SHARES-REDEEMED> (40279017)
<SHARES-REINVESTED> 37249942
<NET-CHANGE-IN-ASSETS> 785098171
<ACCUMULATED-NII-PRIOR> 2895981
<ACCUMULATED-GAINS-PRIOR> 456189864
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 15306678
<INTEREST-EXPENSE> 361470
<GROSS-EXPENSE> 31268689
<AVERAGE-NET-ASSETS> 12913355
<PER-SHARE-NAV-BEGIN> 13.39
<PER-SHARE-NII> .00
<PER-SHARE-GAIN-APPREC> 1.64
<PER-SHARE-DIVIDEND> (.02)
<PER-SHARE-DISTRIBUTIONS> (1.34)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.67
<EXPENSE-RATIO> 1.83
<AVG-DEBT-OUTSTANDING> 985
<AVG-DEBT-PER-SHARE> .0340
</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 April 30, 1998 semi-annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 1
<NAME> AIM WEINGARTEN FUND CLASS A SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 5293881743
<INVESTMENTS-AT-VALUE> 7296409672
<RECEIVABLES> 65720075
<ASSETS-OTHER> 247253
<OTHER-ITEMS-ASSETS> 1190746
<TOTAL-ASSETS> 7363567746
<PAYABLE-FOR-SECURITIES> 11467275
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 20269033
<TOTAL-LIABILITIES> 31736308
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4747625830
<SHARES-COMMON-STOCK> 321311640
<SHARES-COMMON-PRIOR> 280351236
<ACCUMULATED-NII-CURRENT> 4307555
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 575813993
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2004084060
<NET-ASSETS> 7331831438
<DIVIDEND-INCOME> 27729747
<INTEREST-INCOME> 13884800
<OTHER-INCOME> 0
<EXPENSES-NET> (37142834)
<NET-INVESTMENT-INCOME> 4471713
<REALIZED-GAINS-CURRENT> 584416281
<APPREC-INCREASE-CURRENT> 534524467
<NET-CHANGE-FROM-OPS> 1123412461
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (934216856)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 37625583
<NUMBER-OF-SHARES-REDEEMED> (42014350)
<SHARES-REINVESTED> 45349171
<NET-CHANGE-IN-ASSETS> 970694119
<ACCUMULATED-NII-PRIOR> 28516289
<ACCUMULATED-GAINS-PRIOR> 925614568
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 21094936
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 38574247
<AVERAGE-NET-ASSETS> 6092604056
<PER-SHARE-NAV-BEGIN> 22.72
<PER-SHARE-NII> .02
<PER-SHARE-GAIN-APPREC> 3.47
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (3.35)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 22.86
<EXPENSE-RATIO> 1.05
<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 Class April 30, 1998 semi-annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 1
<NAME> AIM WEINGARTEN FUND INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 5293881743
<INVESTMENTS-AT-VALUE> 7296409672
<RECEIVABLES> 65720075
<ASSETS-OTHER> 247253
<OTHER-ITEMS-ASSETS> 1190746
<TOTAL-ASSETS> 7363567746
<PAYABLE-FOR-SECURITIES> 11467275
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 20269033
<TOTAL-LIABILITIES> 31736308
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4747625830
<SHARES-COMMON-STOCK> 321311640
<SHARES-COMMON-PRIOR> 280351236
<ACCUMULATED-NII-CURRENT> 4307555
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 575813993
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2004084060
<NET-ASSETS> 7331831438
<DIVIDEND-INCOME> 27729747
<INTEREST-INCOME> 13884800
<OTHER-INCOME> 0
<EXPENSES-NET> (37142834)
<NET-INVESTMENT-INCOME> 4471713
<REALIZED-GAINS-CURRENT> 584416281
<APPREC-INCREASE-CURRENT> 534524467
<NET-CHANGE-FROM-OPS> 1123412461
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (934216856)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 37625583
<NUMBER-OF-SHARES-REDEEMED> (42014350)
<SHARES-REINVESTED> 45349171
<NET-CHANGE-IN-ASSETS> 970694119
<ACCUMULATED-NII-PRIOR> 28516289
<ACCUMULATED-GAINS-PRIOR> 925614568
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 21094936
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 38574247
<AVERAGE-NET-ASSETS> 66663221
<PER-SHARE-NAV-BEGIN> 23.05
<PER-SHARE-NII> .06
<PER-SHARE-GAIN-APPREC> 3.55
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (3.35)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 23.31
<EXPENSE-RATIO> .64
<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 April 30, 1998 semi-annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 1
<NAME> AIM WEINGARTEN FUND CLASS B SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 5293881743
<INVESTMENTS-AT-VALUE> 7296409672
<RECEIVABLES> 65720075
<ASSETS-OTHER> 247253
<OTHER-ITEMS-ASSETS> 1190746
<TOTAL-ASSETS> 7363567746
<PAYABLE-FOR-SECURITIES> 11467275
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 20269033
<TOTAL-LIABILITIES> 31736308
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4747625830
<SHARES-COMMON-STOCK> 321311640
<SHARES-COMMON-PRIOR> 280351236
<ACCUMULATED-NII-CURRENT> 4307555
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 575813993
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2004084060
<NET-ASSETS> 7331831438
<DIVIDEND-INCOME> 27729747
<INTEREST-INCOME> 13884800
<OTHER-INCOME> 0
<EXPENSES-NET> (37142834)
<NET-INVESTMENT-INCOME> 4471713
<REALIZED-GAINS-CURRENT> 584416281
<APPREC-INCREASE-CURRENT> 534524467
<NET-CHANGE-FROM-OPS> 1123412461
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (934216856)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 37625583
<NUMBER-OF-SHARES-REDEEMED> (42014350)
<SHARES-REINVESTED> 45349171
<NET-CHANGE-IN-ASSETS> 970694119
<ACCUMULATED-NII-PRIOR> 28516289
<ACCUMULATED-GAINS-PRIOR> 925614568
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 21094936
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 38574247
<AVERAGE-NET-ASSETS> 558128245
<PER-SHARE-NAV-BEGIN> 22.34
<PER-SHARE-NII> (.06)
<PER-SHARE-GAIN-APPREC> 3.40
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (3.35)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 22.33
<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
Weingarten Fund Class C Shares April 30, 1998 semi-annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 1
<NAME> AIM WEINGARTEN FUND CLASS C SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 5293881743
<INVESTMENTS-AT-VALUE> 7296409672
<RECEIVABLES> 65720075
<ASSETS-OTHER> 247253
<OTHER-ITEMS-ASSETS> 1190746
<TOTAL-ASSETS> 7363567746
<PAYABLE-FOR-SECURITIES> 11467275
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 20269033
<TOTAL-LIABILITIES> 31736308
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4747625830
<SHARES-COMMON-STOCK> 321311640
<SHARES-COMMON-PRIOR> 280351236
<ACCUMULATED-NII-CURRENT> 4307555
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 575813993
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2004084060
<NET-ASSETS> 7331831438
<DIVIDEND-INCOME> 27729747
<INTEREST-INCOME> 13884800
<OTHER-INCOME> 0
<EXPENSES-NET> (37142834)
<NET-INVESTMENT-INCOME> 4471713
<REALIZED-GAINS-CURRENT> 584416281
<APPREC-INCREASE-CURRENT> 534524467
<NET-CHANGE-FROM-OPS> 1123412461
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (934216856)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 37625583
<NUMBER-OF-SHARES-REDEEMED> (42014350)
<SHARES-REINVESTED> 45349171
<NET-CHANGE-IN-ASSETS> 970694119
<ACCUMULATED-NII-PRIOR> 28516289
<ACCUMULATED-GAINS-PRIOR> 925614568
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 21094936
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 38574247
<AVERAGE-NET-ASSETS> 6926287
<PER-SHARE-NAV-BEGIN> 22.34
<PER-SHARE-NII> (.06)
<PER-SHARE-GAIN-APPREC> 3.41
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (3.35)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 22.34
<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
Constellation Class A Shares April 30, 1998 semi-annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 2
<NAME> AIM CONSTELLATION FUND CLASS A SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 10661639753
<INVESTMENTS-AT-VALUE> 15778641546
<RECEIVABLES> 168503034
<ASSETS-OTHER> 181133
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 15947325713
<PAYABLE-FOR-SECURITIES> 111831771
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 62687921
<TOTAL-LIABILITIES> 174519692
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 10185392653
<SHARES-COMMON-STOCK> 524783901
<SHARES-COMMON-PRIOR> 496914432
<ACCUMULATED-NII-CURRENT> (36244730)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 506656051
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5117002047
<NET-ASSETS> 15772806021
<DIVIDEND-INCOME> 19770258
<INTEREST-INCOME> 23324243
<OTHER-INCOME> 0
<EXPENSES-NET> (79068988)
<NET-INVESTMENT-INCOME> (35974487)
<REALIZED-GAINS-CURRENT> 505379773
<APPREC-INCREASE-CURRENT> 1131069288
<NET-CHANGE-FROM-OPS> 1600474574
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (1021486599)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 145840701
<NUMBER-OF-SHARES-REDEEMED> (156537073)
<SHARES-REINVESTED> 38565841
<NET-CHANGE-IN-ASSETS> 1243747049
<ACCUMULATED-NII-PRIOR> (270243)
<ACCUMULATED-GAINS-PRIOR> 1022762877
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 45482932
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 80763723
<AVERAGE-NET-ASSETS> 14319461021
<PER-SHARE-NAV-BEGIN> 29.23
<PER-SHARE-NII> (.07)
<PER-SHARE-GAIN-APPREC> 2.95
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (2.06)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 30.05
<EXPENSE-RATIO> 1.09
<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 Class B Shares April 30, 1998 semi-annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 2
<NAME> AIM CONSTELLATION FUND CLASS B SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 10661639753
<INVESTMENTS-AT-VALUE> 15778641546
<RECEIVABLES> 168503034
<ASSETS-OTHER> 181133
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 15947325713
<PAYABLE-FOR-SECURITIES> 111831771
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 62687921
<TOTAL-LIABILITIES> 174519692
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 10185392653
<SHARES-COMMON-STOCK> 524783901
<SHARES-COMMON-PRIOR> 496914432
<ACCUMULATED-NII-CURRENT> (36244730)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 506656051
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5117002047
<NET-ASSETS> 15772806021
<DIVIDEND-INCOME> 19770258
<INTEREST-INCOME> 23324243
<OTHER-INCOME> 0
<EXPENSES-NET> (79068988)
<NET-INVESTMENT-INCOME> (35974487)
<REALIZED-GAINS-CURRENT> 505379773
<APPREC-INCREASE-CURRENT> 1131069288
<NET-CHANGE-FROM-OPS> 1600474574
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (1021486599)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 145840701
<NUMBER-OF-SHARES-REDEEMED> (156537073)
<SHARES-REINVESTED> 38565841
<NET-CHANGE-IN-ASSETS> 1243747049
<ACCUMULATED-NII-PRIOR> (270243)
<ACCUMULATED-GAINS-PRIOR> 1022762877
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 45482932
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 80763723
<AVERAGE-NET-ASSETS> 83256633
<PER-SHARE-NAV-BEGIN> 30.04
<PER-SHARE-NII> (.18)
<PER-SHARE-GAIN-APPREC> 2.08
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (2.06)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 29.88
<EXPENSE-RATIO> 1.90
<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 Class C Shares April 30, 1998 semi-annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 2
<NAME> AIM CONSTELLATION FUND CLASS C SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 10661639753
<INVESTMENTS-AT-VALUE> 15778641546
<RECEIVABLES> 168503034
<ASSETS-OTHER> 181133
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 15947325713
<PAYABLE-FOR-SECURITIES> 111831771
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 62687921
<TOTAL-LIABILITIES> 174519692
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 10185392653
<SHARES-COMMON-STOCK> 524783901
<SHARES-COMMON-PRIOR> 496914432
<ACCUMULATED-NII-CURRENT> (36244730)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 506656051
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5117002047
<NET-ASSETS> 15772806021
<DIVIDEND-INCOME> 19770258
<INTEREST-INCOME> 23324243
<OTHER-INCOME> 0
<EXPENSES-NET> (79068988)
<NET-INVESTMENT-INCOME> (35974487)
<REALIZED-GAINS-CURRENT> 505379773
<APPREC-INCREASE-CURRENT> 1131069288
<NET-CHANGE-FROM-OPS> 1600474574
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (1021486599)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 145840701
<NUMBER-OF-SHARES-REDEEMED> (156537073)
<SHARES-REINVESTED> 38565841
<NET-CHANGE-IN-ASSETS> 1243747049
<ACCUMULATED-NII-PRIOR> (270243)
<ACCUMULATED-GAINS-PRIOR> 1022762877
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 45482932
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 80763723
<AVERAGE-NET-ASSETS> 36256833
<PER-SHARE-NAV-BEGIN> 29.18
<PER-SHARE-NII> (.18)
<PER-SHARE-GAIN-APPREC> 2.94
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (2.06)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 29.88
<EXPENSE-RATIO> 1.90
<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 Institutional Class April 30, 1998 semi-annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 2
<NAME> AIM CONSTELLATION FUND INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 10661639753
<INVESTMENTS-AT-VALUE> 15778641546
<RECEIVABLES> 168503034
<ASSETS-OTHER> 181133
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 15947325713
<PAYABLE-FOR-SECURITIES> 111831771
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 62687921
<TOTAL-LIABILITIES> 174519692
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 10185392653
<SHARES-COMMON-STOCK> 524783901
<SHARES-COMMON-PRIOR> 496914432
<ACCUMULATED-NII-CURRENT> (36244730)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 506656051
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5117002047
<NET-ASSETS> 15772806021
<DIVIDEND-INCOME> 19770258
<INTEREST-INCOME> 23324243
<OTHER-INCOME> 0
<EXPENSES-NET> (79068988)
<NET-INVESTMENT-INCOME> (35974487)
<REALIZED-GAINS-CURRENT> 505379773
<APPREC-INCREASE-CURRENT> 1131069288
<NET-CHANGE-FROM-OPS> 1600474574
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (1021486599)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 145840701
<NUMBER-OF-SHARES-REDEEMED> (156537073)
<SHARES-REINVESTED> 38565841
<NET-CHANGE-IN-ASSETS> 1243747049
<ACCUMULATED-NII-PRIOR> (270243)
<ACCUMULATED-GAINS-PRIOR> 1022762877
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 45482932
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 80763723
<AVERAGE-NET-ASSETS> 195277729
<PER-SHARE-NAV-BEGIN> 30.00
<PER-SHARE-NII> (.01)
<PER-SHARE-GAIN-APPREC> 3.05
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (2.06)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 30.98
<EXPENSE-RATIO> .64
<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
Aggressive Growth Fund April 30, 1998 semi-annual report.
</LEGEND>
<CIK> 0000105377
<NAME> AIM EQUITY FUNDS, INC.
<SERIES>
<NUMBER> 7
<NAME> AIM AGGRESSIVE GROWTH FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 2594255146
<INVESTMENTS-AT-VALUE> 3867316190
<RECEIVABLES> 28080865
<ASSETS-OTHER> 92806
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3895489861
<PAYABLE-FOR-SECURITIES> 20028621
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3504647
<TOTAL-LIABILITIES> 23531421
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2475181392
<SHARES-COMMON-STOCK> 74453560
<SHARES-COMMON-PRIOR> 77337382
<ACCUMULATED-NII-CURRENT> (12804723)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 136520727
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1273061044
<NET-ASSETS> 3871958440
<DIVIDEND-INCOME> 1730310
<INTEREST-INCOME> 4870213
<OTHER-INCOME> 0
<EXPENSES-NET> (19323846)
<NET-INVESTMENT-INCOME> (12723323)
<REALIZED-GAINS-CURRENT> 133834284
<APPREC-INCREASE-CURRENT> 178279095
<NET-CHANGE-FROM-OPS> 299390056
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (135731032)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 19456290
<NUMBER-OF-SHARES-REDEEMED> (25268458)
<SHARES-REINVESTED> 2928346
<NET-CHANGE-IN-ASSETS> 7701131
<ACCUMULATED-NII-PRIOR> (81400)
<ACCUMULATED-GAINS-PRIOR> 138417475
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 11599389
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 19375947
<AVERAGE-NET-ASSETS> 3700565197
<PER-SHARE-NAV-BEGIN> 49.97
<PER-SHARE-NII> (.17)
<PER-SHARE-GAIN-APPREC> 3.99
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (1.78)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 52.01
<EXPENSE-RATIO> 1.06
<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 April 30, 1998 semi-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> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 1077215067
<INVESTMENTS-AT-VALUE> 1370582868
<RECEIVABLES> 16127081
<ASSETS-OTHER> 91423
<OTHER-ITEMS-ASSETS> 385293
<TOTAL-ASSETS> 1387186665
<PAYABLE-FOR-SECURITIES> 10710765
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3966012
<TOTAL-LIABILITIES> 14676777
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1061689138
<SHARES-COMMON-STOCK> 37451793
<SHARES-COMMON-PRIOR> 24814268
<ACCUMULATED-NII-CURRENT> 662068
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 14935710
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 295222972
<NET-ASSETS> 1372509888
<DIVIDEND-INCOME> 4944538
<INTEREST-INCOME> 3539090
<OTHER-INCOME> 0
<EXPENSES-NET> (7757652)
<NET-INVESTMENT-INCOME> 725976
<REALIZED-GAINS-CURRENT> 14386206
<APPREC-INCREASE-CURRENT> 185204146
<NET-CHANGE-FROM-OPS> 200316328
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1249305)
<DISTRIBUTIONS-OF-GAINS> (16236542)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 18158737
<NUMBER-OF-SHARES-REDEEMED> (6054200)
<SHARES-REINVESTED> 532988
<NET-CHANGE-IN-ASSETS> 606047275
<ACCUMULATED-NII-PRIOR> 1185397
<ACCUMULATED-GAINS-PRIOR> 16786046
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3393383
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7763928
<AVERAGE-NET-ASSETS> 644081494
<PER-SHARE-NAV-BEGIN> 30.96
<PER-SHARE-NII> .07
<PER-SHARE-GAIN-APPREC> 6.42
<PER-SHARE-DIVIDEND> (.07)
<PER-SHARE-DISTRIBUTIONS> (.62)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 36.76
<EXPENSE-RATIO> 1.27
<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 April 30, 1998 semi-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> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 1077215067
<INVESTMENTS-AT-VALUE> 1370582868
<RECEIVABLES> 16127081
<ASSETS-OTHER> 91423
<OTHER-ITEMS-ASSETS> 385293
<TOTAL-ASSETS> 1387186665
<PAYABLE-FOR-SECURITIES> 10710765
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3966012
<TOTAL-LIABILITIES> 14676777
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1061689138
<SHARES-COMMON-STOCK> 37451793
<SHARES-COMMON-PRIOR> 24814268
<ACCUMULATED-NII-CURRENT> 662068
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 14935710
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 295222972
<NET-ASSETS> 1372509888
<DIVIDEND-INCOME> 4944538
<INTEREST-INCOME> 3539090
<OTHER-INCOME> 0
<EXPENSES-NET> (7757652)
<NET-INVESTMENT-INCOME> 725976
<REALIZED-GAINS-CURRENT> 14386206
<APPREC-INCREASE-CURRENT> 185204146
<NET-CHANGE-FROM-OPS> 200316328
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1249305)
<DISTRIBUTIONS-OF-GAINS> (16236542)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 18158737
<NUMBER-OF-SHARES-REDEEMED> (6054200)
<SHARES-REINVESTED> 532988
<NET-CHANGE-IN-ASSETS> 606047275
<ACCUMULATED-NII-PRIOR> 1185397
<ACCUMULATED-GAINS-PRIOR> 16786046
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3393383
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7763928
<AVERAGE-NET-ASSETS> 370193805
<PER-SHARE-NAV-BEGIN> 30.76
<PER-SHARE-NII> (.05)
<PER-SHARE-GAIN-APPREC> 6.39
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (.62)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 36.48
<EXPENSE-RATIO> 1.96
<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 April 30, 1998 semi-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> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 1077215067
<INVESTMENTS-AT-VALUE> 1370582868
<RECEIVABLES> 16127081
<ASSETS-OTHER> 91423
<OTHER-ITEMS-ASSETS> 385293
<TOTAL-ASSETS> 1387186665
<PAYABLE-FOR-SECURITIES> 10710765
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3966012
<TOTAL-LIABILITIES> 14676777
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1061689138
<SHARES-COMMON-STOCK> 37451793
<SHARES-COMMON-PRIOR> 24814268
<ACCUMULATED-NII-CURRENT> 662068
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 14935710
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 295222972
<NET-ASSETS> 1372509888
<DIVIDEND-INCOME> 4944538
<INTEREST-INCOME> 3539090
<OTHER-INCOME> 0
<EXPENSES-NET> (7757652)
<NET-INVESTMENT-INCOME> 725976
<REALIZED-GAINS-CURRENT> 14386206
<APPREC-INCREASE-CURRENT> 185204146
<NET-CHANGE-FROM-OPS> 200316328
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1249305)
<DISTRIBUTIONS-OF-GAINS> (16236542)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 18158737
<NUMBER-OF-SHARES-REDEEMED> (6054200)
<SHARES-REINVESTED> 532988
<NET-CHANGE-IN-ASSETS> 606047275
<ACCUMULATED-NII-PRIOR> 1185397
<ACCUMULATED-GAINS-PRIOR> 16786046
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3393383
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7763928
<AVERAGE-NET-ASSETS> 10606300
<PER-SHARE-NAV-BEGIN> 30.75
<PER-SHARE-NII> (.05)
<PER-SHARE-GAIN-APPREC> 6.38
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (.62)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 36.46
<EXPENSE-RATIO> 1.96
<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 April 30, 1998 semi-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> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 1062363656
<INVESTMENTS-AT-VALUE> 1401234957
<RECEIVABLES> 19484240
<ASSETS-OTHER> 183304
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1420902501
<PAYABLE-FOR-SECURITIES> 2841620
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12482066
<TOTAL-LIABILITIES> 15323686
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1066569101
<SHARES-COMMON-STOCK> 84731534
<SHARES-COMMON-PRIOR> 61092700
<ACCUMULATED-NII-CURRENT> (3377310)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3513523
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 338873501
<NET-ASSETS> 1405578815
<DIVIDEND-INCOME> 2716236
<INTEREST-INCOME> 2255351
<OTHER-INCOME> 0
<EXPENSES-NET> (8337901)
<NET-INVESTMENT-INCOME> (3366314)
<REALIZED-GAINS-CURRENT> 15100514
<APPREC-INCREASE-CURRENT> 146315281
<NET-CHANGE-FROM-OPS> 158049481
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 60589409
<NUMBER-OF-SHARES-REDEEMED> (36950575)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 518074996
<ACCUMULATED-NII-PRIOR> (10996)
<ACCUMULATED-GAINS-PRIOR> (11586991)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3555197
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 8357623
<AVERAGE-NET-ASSETS> 669668732
<PER-SHARE-NAV-BEGIN> 14.57
<PER-SHARE-NII> (.03)
<PER-SHARE-GAIN-APPREC> 2.12
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.66
<EXPENSE-RATIO> 1.29
<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 April 30, 1998 semi-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> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 1062363656
<INVESTMENTS-AT-VALUE> 1401234957
<RECEIVABLES> 19484240
<ASSETS-OTHER> 183304
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1420902501
<PAYABLE-FOR-SECURITIES> 2841620
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12482066
<TOTAL-LIABILITIES> 15323686
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1066569101
<SHARES-COMMON-STOCK> 84731534
<SHARES-COMMON-PRIOR> 61092700
<ACCUMULATED-NII-CURRENT> (3377310)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3513523
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 338873501
<NET-ASSETS> 1405578815
<DIVIDEND-INCOME> 2716236
<INTEREST-INCOME> 2255351
<OTHER-INCOME> 0
<EXPENSES-NET> (8337901)
<NET-INVESTMENT-INCOME> (3366314)
<REALIZED-GAINS-CURRENT> 15100514
<APPREC-INCREASE-CURRENT> 146315281
<NET-CHANGE-FROM-OPS> 158049481
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 60589409
<NUMBER-OF-SHARES-REDEEMED> (36950575)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 518074996
<ACCUMULATED-NII-PRIOR> (10996)
<ACCUMULATED-GAINS-PRIOR> (11586991)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3555197
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 8357623
<AVERAGE-NET-ASSETS> 385090541
<PER-SHARE-NAV-BEGIN> 14.46
<PER-SHARE-NII> (.08)
<PER-SHARE-GAIN-APPREC> 2.10
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.48
<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 April 30, 1998 semi-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> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 1062363656
<INVESTMENTS-AT-VALUE> 1401234957
<RECEIVABLES> 19484240
<ASSETS-OTHER> 183304
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1420902501
<PAYABLE-FOR-SECURITIES> 2841620
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12482066
<TOTAL-LIABILITIES> 15323686
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1066569101
<SHARES-COMMON-STOCK> 84731534
<SHARES-COMMON-PRIOR> 61092700
<ACCUMULATED-NII-CURRENT> (3377310)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3513523
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 338873501
<NET-ASSETS> 1405578815
<DIVIDEND-INCOME> 2716236
<INTEREST-INCOME> 2255351
<OTHER-INCOME> 0
<EXPENSES-NET> (8337901)
<NET-INVESTMENT-INCOME> (3366314)
<REALIZED-GAINS-CURRENT> 15100514
<APPREC-INCREASE-CURRENT> 146315281
<NET-CHANGE-FROM-OPS> 158049481
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 60589409
<NUMBER-OF-SHARES-REDEEMED> (36950575)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 518074996
<ACCUMULATED-NII-PRIOR> (10996)
<ACCUMULATED-GAINS-PRIOR> (11586991)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3555197
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 8357623
<AVERAGE-NET-ASSETS> 22331912
<PER-SHARE-NAV-BEGIN> 14.45
<PER-SHARE-NII> (.08)
<PER-SHARE-GAIN-APPREC> 2.10
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.47
<EXPENSE-RATIO> 2.02
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
