SPARROW FUNDS
NSAR-B, EX-27, 2000-10-31
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<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)
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<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>


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