<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001066241
<NAME> Sparrow Funds
<SERIES>
<NUMBER> 1
<NAME> Sparrow Growth Fund
<MULTIPLIER> 1
<CURRENCY> U.S. Dollars
<S> <C>
<PERIOD-TYPE> Year
<FISCAL-YEAR-END> Aug-31-2000
<PERIOD-START> Sep-01-1999
<PERIOD-END> Aug-31-2000
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 5549188
<INVESTMENTS-AT-VALUE> 8656483
<RECEIVABLES> 2879
<ASSETS-OTHER> 4047
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 8663409
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 16979
<TOTAL-LIABILITIES> 16979
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 6201147
<SHARES-COMMON-STOCK> 482095
<SHARES-COMMON-PRIOR> 397647
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (662012)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3107295
<NET-ASSETS> 8646430
<DIVIDEND-INCOME> 27838
<INTEREST-INCOME> 7076
<OTHER-INCOME> 0
<EXPENSES-NET> 175828
<NET-INVESTMENT-INCOME> (140914)
<REALIZED-GAINS-CURRENT> (569909)
<APPREC-INCREASE-CURRENT> 2751244
<NET-CHANGE-FROM-OPS> 2040421
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 164412
<NUMBER-OF-SHARES-REDEEMED> 79963
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 3327373
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (92103)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 175828
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 175828
<AVERAGE-NET-ASSETS> 7033107
<PER-SHARE-NAV-BEGIN> 13.38
<PER-SHARE-NII> (0.30)
<PER-SHARE-GAIN-APPREC> 4.86
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 17.94
<EXPENSE-RATIO> 2.50
</TABLE>