JANUS INVESTMENT FUND
485APOS, EX-99.G1, 2000-12-18
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                                                                   EXHIBIT 7(T)

                         AMENDMENT TO CUSTODIAN CONTRACT

     Amendment  dated April 10, 2000,  to the custody  contract,  dated July 13,
1986,  as amended,  by and between  State  Street  Bank and Trust  Company  (the
"Custodian")  and Janus  Investment  Fund, on behalf of each of its  Portfolios,
(each a "Fund") (the "Custody Contract").

     In  consideration  of the  promises and  covenants  contained  herein,  the
Custodian  and the Fund  hereby  agree to amend  and  replace  Article  5 of the
Custody Contract as follows:

5.       PROPER INSTRUCTIONS

Proper Instructions as used herein means a writing signed or initialed by two or
more persons as the Board of Trustees  shall have from time to time  authorized.
Each  such  writing  shall  set  forth  the  specific  transaction  or  type  of
transaction  involved,  including a specific  statement of the purpose for which
such  action  is  requested.   Oral   instructions  will  be  considered  Proper
Instructions if the Custodian  reasonably  believes them to have been given by a
person  authorized  to give such  instructions  with respect to the  transaction
involved.  The Fund shall cause all oral instructions to be confirmed in wiring.
Proper  Instructions  may  include  communications   effected  directly  between
electro-mechanical  or electronic  devices;  provided that the Fund has followed
any security  procedures  agreed to from time to time by Fund and the Custodian,
including,  but not limited to, the security  procedures selected by the Fund in
the Funds Transfer Agreement.  For purposes of this Section, Proper Instructions
shall include instructions received by the Custodian pursuant to any multi-party
agreement which requires a segregated account in accordance with Section 2.12.

     IN WITNESS  WHEREOF,  each of the parties has caused this  instrument to be
executed in its name and on its behalf by its duly authorized  representative as
of the above named date.

                                    JANUS INVESTMENT FUND

                                    BY:     /s/ Heidi J. Walter

                                    ITS:    VICE PRESIDENT

                                    STATE STREET BANK AND TRUST COMPANY

                                    BY:     /s/ Ronald E. Logue

                                    ITS:    VICE CHAIRMAN



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