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> 191
   <NAME> INDEX 500 FUND

<S>                             <C>
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<PERIOD-END>                               JUN-30-2000
<INVESTMENTS-AT-COST>                        423632723
<INVESTMENTS-AT-VALUE>                       596130085
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<SHARES-COMMON-STOCK>                         31965209
<SHARES-COMMON-PRIOR>                         31308759
<ACCUMULATED-NII-CURRENT>                      2567053
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<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (12141)
<DISTRIBUTIONS-OF-GAINS>                      (840237)
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<EXPENSE-RATIO>                                    .36


</TABLE>


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