MERRILL LYNCH VARIABLE SERIES FUNDS INC
NSAR-A, EX-27, 2000-08-29
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000355916
<NAME> MERRILL LYNCH VARIABLE SERIES FUNDS, INC.
<SERIES>
   <NUMBER> 131
   <NAME> UTILITIES & TELECOMMUNICATIONS FOCUS FUND

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               JUN-30-2000
<INVESTMENTS-AT-COST>                         85843406
<INVESTMENTS-AT-VALUE>                       116166478
<RECEIVABLES>                                   577774
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<PAYABLE-FOR-SECURITIES>                        412907
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       148704
<TOTAL-LIABILITIES>                             561611
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      56769468
<SHARES-COMMON-STOCK>                          7344612
<SHARES-COMMON-PRIOR>                          7898655
<ACCUMULATED-NII-CURRENT>                      1716107
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       27387946
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<DIVIDEND-INCOME>                              2350938
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<APPREC-INCREASE-CURRENT>                   (35196598)
<NET-CHANGE-FROM-OPS>                        (5699538)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (396247)
<DISTRIBUTIONS-OF-GAINS>                     (1417240)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         171027
<NUMBER-OF-SHARES-REDEEMED>                   (834646)
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<NET-CHANGE-IN-ASSETS>                      (16889902)
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<OVERDISTRIB-NII-PRIOR>                              0
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<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              15.82
<EXPENSE-RATIO>                                    .68


</TABLE>


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