MORGAN KEEGAN SELECT FUND INC
485BPOS, EX-99.(J)(A), 2000-10-30
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                                                                Exhibit (j)(1)

      KPMG

      Morgan Keegan Tower, Suite 900
      Fifty North Front Street
      Memphis, TN  38103








                          INDEPENDENT AUDITORS' CONSENT
                          -----------------------------


The Board of Directors and Shareholders of
Morgan Keegan  Intermediate Bond Fund
Morgan  Keegan High Income Fund
(funds within the Morgan Keegan Select Fund, Inc.)


We  consent  to the use of our  report  dated  July  29,  2000  incorporated  by
reference herein and to the reference to our firm under the captions  "Financial
Highlights"  in  the  Prospectus  and  "Certified  Public  Accountants"  in  the
Statement of Additional Information.



                                  /s/ KPMG LLP

Memphis, Tennessee
October 26, 2000






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