AXP DISCOVERY FUND INC
NSAR-B, EX-27, 2000-09-27
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<TABLE> <S> <C>


<ARTICLE> 6
<SERIES>
   <NUMBER>  4
   <NAME>   AXP DISCOVERY FUND CLASS Y

<S>                                           <C>
<PERIOD-TYPE>                                                   YEAR
<FISCAL-YEAR-END>                                        JUL-31-2000
<PERIOD-END>                                             JUL-31-2000
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<INVESTMENTS-AT-VALUE>                                     500273325
<RECEIVABLES>                                               38697811
<ASSETS-OTHER>                                                119468
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<TOTAL-ASSETS>                                             539090604
<PAYABLE-FOR-SECURITIES>                                    22533052
<SENIOR-LONG-TERM-DEBT>                                            0
<OTHER-ITEMS-LIABILITIES>                                   10280310
<TOTAL-LIABILITIES>                                         32813362
<SENIOR-EQUITY>                                                    0
<PAID-IN-CAPITAL-COMMON>                                   450574121
<SHARES-COMMON-STOCK>                                         761740
<SHARES-COMMON-PRIOR>                                        7541598
<ACCUMULATED-NII-CURRENT>                                       5193
<OVERDISTRIBUTION-NII>                                             0
<ACCUMULATED-NET-GAINS>                                     78037953
<OVERDISTRIBUTION-GAINS>                                           0
<ACCUM-APPREC-OR-DEPREC>                                   (22340025)
<NET-ASSETS>                                                79399990
<DIVIDEND-INCOME>                                            1873258
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<OTHER-INCOME>                                                     0
<EXPENSES-NET>                                               8983236
<NET-INVESTMENT-INCOME>                                     (3258866)
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<APPREC-INCREASE-CURRENT>                                 (121884629)
<NET-CHANGE-FROM-OPS>                                      (22662538)
<EQUALIZATION>                                                     0
<DISTRIBUTIONS-OF-INCOME>                                          0
<DISTRIBUTIONS-OF-GAINS>                                     2147477
<DISTRIBUTIONS-OTHER>                                              0
<NUMBER-OF-SHARES-SOLD>                                      2566378
<NUMBER-OF-SHARES-REDEEMED>                                  9555950
<SHARES-REINVESTED>                                           209714
<NET-CHANGE-IN-ASSETS>                                    (487978599)
<ACCUMULATED-NII-PRIOR>                                            0
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<OVERDISTRIB-NII-PRIOR>                                            0
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<GROSS-ADVISORY-FEES>                                        3926843
<INTEREST-EXPENSE>                                                 0
<GROSS-EXPENSE>                                              9061209
<AVERAGE-NET-ASSETS>                                        75864981
<PER-SHARE-NAV-BEGIN>                                          11.07
<PER-SHARE-NII>                                                 (.04)
<PER-SHARE-GAIN-APPREC>                                         (.42)
<PER-SHARE-DIVIDEND>                                             .00
<PER-SHARE-DISTRIBUTIONS>                                        .28
<RETURNS-OF-CAPITAL>                                             .00
<PER-SHARE-NAV-END>                                            10.33
<EXPENSE-RATIO>                                                  .87


</TABLE>


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