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 April 30, 2000 semiannual report.
</LEGEND>
<CIK> 0000019034
<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-31-2000
<PERIOD-END> APR-30-2000
<INVESTMENTS-AT-COST> 12077505987
<INVESTMENTS-AT-VALUE> 20755727302
<RECEIVABLES> 200291935
<ASSETS-OTHER> 1208256
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 20957227493
<PAYABLE-FOR-SECURITIES> 162263976
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 139237501
<TOTAL-LIABILITIES> 301501477
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 9361884526
<SHARES-COMMON-STOCK> 485345919
<SHARES-COMMON-PRIOR> 441420408
<ACCUMULATED-NII-CURRENT> (68558670)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2681079353
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 8681320807
<NET-ASSETS> 20655726016
<DIVIDEND-INCOME> 37638099
<INTEREST-INCOME> 1652827
<OTHER-INCOME> 0
<EXPENSES-NET> (107297859)
<NET-INVESTMENT-INCOME> (68006933)
<REALIZED-GAINS-CURRENT> 2503973602
<APPREC-INCREASE-CURRENT> 2674170408
<NET-CHANGE-FROM-OPS> 5110137077
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (1440820530)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 60342137
<NUMBER-OF-SHARES-REDEEMED> (53137860)
<SHARES-REINVESTED> 36721234
<NET-CHANGE-IN-ASSETS> 5367244222
<ACCUMULATED-NII-PRIOR> (551737)
<ACCUMULATED-GAINS-PRIOR> 1617926281
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 60894984
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 109640938
<AVERAGE-NET-ASSETS> 852161811
<PER-SHARE-NAV-BEGIN> 34.00
<PER-SHARE-NII> (0.30)
<PER-SHARE-GAIN-APPREC> 11.14
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (3.28)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 41.56
<EXPENSE-RATIO> 1.89
</TABLE>
