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SIGNATURE LESLIE L. OGG
TITLE VICE PRESIDENT
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<ACCUMULATED-NII-PRIOR> 0
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<PER-SHARE-NAV-BEGIN> 7.94
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<PER-SHARE-DISTRIBUTIONS> .99
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</TABLE>
<TABLE> <S> <C>
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<NUMBER> 6
<NAME> AXP RESEARCH OPPORTUNITIES FUND CLASS B
<S> <C>
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<SENIOR-EQUITY> 0
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<SHARES-COMMON-STOCK> 45701665
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<TABLE> <S> <C>
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<NUMBER> 7
<NAME> AXP RESEARCH OPPORTUNITIES FUND CLASS Y
<S> <C>
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<TOTAL-LIABILITIES> 111287
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 787891734
<SHARES-COMMON-STOCK> 40975
<SHARES-COMMON-PRIOR> 49996
<ACCUMULATED-NII-CURRENT> 0
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<OVERDISTRIBUTION-GAINS> 0
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<NET-INVESTMENT-INCOME> (1567634)
<REALIZED-GAINS-CURRENT> 90027386
<APPREC-INCREASE-CURRENT> (26288048)
<NET-CHANGE-FROM-OPS> 62171704
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 48595
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<NUMBER-OF-SHARES-SOLD> 1566
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<SHARES-REINVESTED> 6067
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<ACCUMULATED-NII-PRIOR> 0
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<AVERAGE-NET-ASSETS> 408572
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</TABLE>
Exhibit 77D for AXP Growth Series, Inc.
At Board of Directors meetings held on September 8-9, 1999,
the following investment policy was eliminated:
Under normal market conditions, the Fund does not intend to commit more
than 5% of its total assets to when-issued securities or forward commitments.
