EQUITRUST SERIES FUND INC
NSAR-B, EX-27, 2000-09-29
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<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 031
   <NAME> HIGH GRADE BOND CL A

<S>                             <C>
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<PERIOD-END>                               JUL-31-2000
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<TOTAL-LIABILITIES>                              12287
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      13781224
<SHARES-COMMON-STOCK>                          1188647
<SHARES-COMMON-PRIOR>                          1301997
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        (19933)
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<NET-INVESTMENT-INCOME>                         710241
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<EQUALIZATION>                                       0
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<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         109750
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<SHARES-REINVESTED>                              59085
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<EXPENSE-RATIO>                                   1.75


</TABLE>


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