<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 1
<NAME> AXP NEW DIMENSIONS FUND CLASS A
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUL-31-2000
<PERIOD-END> JUL-31-2000
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 30361689556
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 30361689556
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2245105
<TOTAL-LIABILITIES> 2245105
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 16547431372
<SHARES-COMMON-STOCK> 490311180
<SHARES-COMMON-PRIOR> 434800727
<ACCUMULATED-NII-CURRENT> 8095799
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2685827628
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 11118089652
<NET-ASSETS> 17776825193
<DIVIDEND-INCOME> 143788094
<INTEREST-INCOME> 158572569
<OTHER-INCOME> 0
<EXPENSES-NET> 280002090
<NET-INVESTMENT-INCOME> 22358573
<REALIZED-GAINS-CURRENT> 3081372616
<APPREC-INCREASE-CURRENT> 2332675599
<NET-CHANGE-FROM-OPS> 5436406788
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 26128388
<DISTRIBUTIONS-OF-GAINS> 916264494
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 114459462
<NUMBER-OF-SHARES-REDEEMED> 83901714
<SHARES-REINVESTED> 24952705
<NET-CHANGE-IN-ASSETS> 7207959414
<ACCUMULATED-NII-PRIOR> 27643385
<ACCUMULATED-GAINS-PRIOR> 1163995670
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 83239858
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 281120970
<AVERAGE-NET-ASSETS> 16229247721
<PER-SHARE-NAV-BEGIN> 31.21
<PER-SHARE-NII> .02
<PER-SHARE-GAIN-APPREC> 7.14
<PER-SHARE-DIVIDEND> .05
<PER-SHARE-DISTRIBUTIONS> 2.06
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 36.26
<EXPENSE-RATIO> .90
</TABLE>
