<PAGE> PAGE 1
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<PAGE> PAGE 2
012 C01AA01 WOODBURY
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013 A00AA01 KPMG PEAT MARWICK
013 B01AA01 MINNEAPOLIS
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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<PAGE> PAGE 19
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<PAGE> PAGE 20
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SIGNATURE TAMARA L. FAGELY
TITLE TREASURER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 26 - 44 OF THE SEMI-ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000049905
<NAME> FORTIS EQUITY PORTFOLIOS INC.
<SERIES>
<NUMBER> 1
<NAME> CAPITAL FUND (CLASS A)
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<S> <C>
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<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 71,658,947<F1>
<TOTAL-LIABILITIES> 71,658,947
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 168,598,655
<SHARES-COMMON-STOCK> 13,348,304
<SHARES-COMMON-PRIOR> 13,728,864
<ACCUMULATED-NII-CURRENT> (137,049)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 11,833,690
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 117,504,957
<NET-ASSETS> 297,800,253
<DIVIDEND-INCOME> 550,798
<INTEREST-INCOME> 1,340,432
<OTHER-INCOME> 25,458<F2>
<EXPENSES-NET> (1,764,318)
<NET-INVESTMENT-INCOME> 152,370
<REALIZED-GAINS-CURRENT> 11,833,690
<APPREC-INCREASE-CURRENT> (6,636,194)
<NET-CHANGE-FROM-OPS> 5,349,866
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (570,880)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 510,048
<NUMBER-OF-SHARES-REDEEMED> (915,518)
<SHARES-REINVESTED> 24,910
<NET-CHANGE-IN-ASSETS> 614,288
<ACCUMULATED-NII-PRIOR> 281,461
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,242,451
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,764,318
<AVERAGE-NET-ASSETS> 293,832,000
<PER-SHARE-NAV-BEGIN> 21.22
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> .37
<PER-SHARE-DIVIDEND> (.04)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 21.56
<EXPENSE-RATIO> 1.20<F3>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>SECURITIES VALUED AT $64,986,750 WERE ON LOAN TO BROKERS AND THE FUND RECEIVED
$71,365,343 IN COLLATERAL.
<F2>INCOME RECEIVED FROM THE SECURITY LENDING PROGRAM.
<F3>ANNUALIZED
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 26 - 44 OF THE SEMI-ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000049905
<NAME> FORTIS EQUITY PORTFOLIOS INC.
<SERIES>
<NUMBER> 1
<NAME> CAPITAL FUND (CLASS B)
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-START> SEP-01-1995
<PERIOD-END> FEB-29-1996
<INVESTMENTS-AT-COST> 175,570,509
<INVESTMENTS-AT-VALUE> 293,075,466
<RECEIVABLES> 4,812,415
<ASSETS-OTHER> 71,365,343<F1>
<OTHER-ITEMS-ASSETS> 205,976
<TOTAL-ASSETS> 369,459,200
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 71,658,947<F1>
<TOTAL-LIABILITIES> 71,658,947
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 168,598,655
<SHARES-COMMON-STOCK> 143,757
<SHARES-COMMON-PRIOR> 72,226
<ACCUMULATED-NII-CURRENT> (137,049)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 11,833,690
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 117,504,957
<NET-ASSETS> 297,800,253
<DIVIDEND-INCOME> 550,798
<INTEREST-INCOME> 1,340,432
<OTHER-INCOME> 25,458<F2>
<EXPENSES-NET> (1,764,318)
<NET-INVESTMENT-INCOME> 152,370
<REALIZED-GAINS-CURRENT> 11,833,690
<APPREC-INCREASE-CURRENT> (6,636,194)
<NET-CHANGE-FROM-OPS> 5,349,866
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 79,575
<NUMBER-OF-SHARES-REDEEMED> (8,044)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 614,288
<ACCUMULATED-NII-PRIOR> 281,461
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,242,451
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,764,318
<AVERAGE-NET-ASSETS> 293,832,000
<PER-SHARE-NAV-BEGIN> 21.14
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> .30
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 21.45
<EXPENSE-RATIO> 1.95<F3>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>SECURITIES VALUED AT $64,986,750 WERE ON LOAN TO BROKERS AND THE FUND RECEIVED
$71,365,343 IN COLLATERAL.
<F2>INCOME RECEIVED FROM THE SECURITY LENDING PROGRAM.
<F3>ANNUALIZED
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 26 - 44 OF THE SEMI-ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000049905
<NAME> FORTIS EQUITY PORTFOLIOS INC.
<SERIES>
<NUMBER> 1
<NAME> CAPITAL FUND (CLASS C)
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-START> SEP-01-1995
<PERIOD-END> FEB-29-1996
<INVESTMENTS-AT-COST> 175,570,509
<INVESTMENTS-AT-VALUE> 293,075,466
<RECEIVABLES> 4,812,415
<ASSETS-OTHER> 71,365,343<F1>
<OTHER-ITEMS-ASSETS> 205,976
<TOTAL-ASSETS> 369,459,200
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 71,658,947<F1>
<TOTAL-LIABILITIES> 71,658,947
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 168,598,655
<SHARES-COMMON-STOCK> 30,049
<SHARES-COMMON-PRIOR> 16,271
<ACCUMULATED-NII-CURRENT> (137,049)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 11,833,690
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 117,504,957
<NET-ASSETS> 297,800,253
<DIVIDEND-INCOME> 550,798
<INTEREST-INCOME> 1,340,432
<OTHER-INCOME> 25,458<F2>
<EXPENSES-NET> (1,764,318)
<NET-INVESTMENT-INCOME> 152,370
<REALIZED-GAINS-CURRENT> 11,833,690
<APPREC-INCREASE-CURRENT> (6,636,194)
<NET-CHANGE-FROM-OPS> 5,349,866
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 15,989
<NUMBER-OF-SHARES-REDEEMED> (2,211)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 614,288
<ACCUMULATED-NII-PRIOR> 281,461
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,242,451
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,764,318
<AVERAGE-NET-ASSETS> 293,832,000
<PER-SHARE-NAV-BEGIN> 21.13
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> .29
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 21.43
<EXPENSE-RATIO> 1.95<F3>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>SECURITIES VALUED AT $64,986,750 WERE ON LOAN TO BROKERS AND THE FUND RECEIVED
$71,365,343 IN COLLATERAL.
<F2>INCOME RECEIVED FROM THE SECURITY LENDING PROGRAM.
<F3>ANNUALIZED
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 26 - 44 OF THE SEMI-ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000049905
<NAME> FORTIS EQUITY PORTFOLIOS INC.
<SERIES>
<NUMBER> 1
<NAME> CAPITAL FUND (CLASS H)
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-START> SEP-01-1995
<PERIOD-END> FEB-29-1996
<INVESTMENTS-AT-COST> 175,570,509
<INVESTMENTS-AT-VALUE> 293,075,466
<RECEIVABLES> 4,812,415
<ASSETS-OTHER> 71,365,343<F1>
<OTHER-ITEMS-ASSETS> 205,976
<TOTAL-ASSETS> 369,459,200
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 71,658,947<F1>
<TOTAL-LIABILITIES> 71,658,947
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 168,598,655
<SHARES-COMMON-STOCK> 293,890
<SHARES-COMMON-PRIOR> 191,696
<ACCUMULATED-NII-CURRENT> (137,049)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 11,833,690
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 117,504,957
<NET-ASSETS> 297,800,253
<DIVIDEND-INCOME> 550,798
<INTEREST-INCOME> 1,340,432
<OTHER-INCOME> 25,458<F2>
<EXPENSES-NET> (1,764,318)
<NET-INVESTMENT-INCOME> 152,370
<REALIZED-GAINS-CURRENT> 11,833,690
<APPREC-INCREASE-CURRENT> (6,636,194)
<NET-CHANGE-FROM-OPS> 5,349,866
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 119,449
<NUMBER-OF-SHARES-REDEEMED> (17,255)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 614,288
<ACCUMULATED-NII-PRIOR> 281,461
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,242,451
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,764,318
<AVERAGE-NET-ASSETS> 293,832,000
<PER-SHARE-NAV-BEGIN> 21.14
<PER-SHARE-NII> .02
<PER-SHARE-GAIN-APPREC> .28
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 21.44
<EXPENSE-RATIO> 1.95<F3>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>SECURITIES VALUED AT $64,986,750 WERE ON LOAN TO BROKERS AND THE FUND RECEIVED
$71,365,343 IN COLLATERAL.
<F2>INCOME RECEIVED FROM THE SECURITY LENDING PROGRAM.
<F3>ANNUALIZED
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 26 - 44 OF THE SEMI-ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000049905
<NAME> FORTIS EQUITY PORTFOLIOS INC.
<SERIES>
<NUMBER> 3
<NAME> GROWTH & INCOME FUND (CLASS A)
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 2-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-START> JAN-02-1996<F1>
<PERIOD-END> FEB-29-1996
<INVESTMENTS-AT-COST> 1,696,403
<INVESTMENTS-AT-VALUE> 1,722,253
<RECEIVABLES> 28,971
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 61,399
<TOTAL-ASSETS> 1,812,623
<PAYABLE-FOR-SECURITIES> 66,561
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,159
<TOTAL-LIABILITIES> 68,720
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,714,445
<SHARES-COMMON-STOCK> 116,037
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 3,608
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 25,850
<NET-ASSETS> 1,743,903
<DIVIDEND-INCOME> 4,104
<INTEREST-INCOME> 1,843
<OTHER-INCOME> 0
<EXPENSES-NET> (2,339)
<NET-INVESTMENT-INCOME> 3,608
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 25,850
<NET-CHANGE-FROM-OPS> 29,458
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 116,047
<NUMBER-OF-SHARES-REDEEMED> (10)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1,743,903
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,428
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,339
<AVERAGE-NET-ASSETS> 936,000
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .02
<PER-SHARE-GAIN-APPREC> .14
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.16
<EXPENSE-RATIO> 1.83<F2>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>COMMENCEMENT OF OPERATIONS
<F2>ANNUALIZED
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 26 - 44 OF THE SEMI-ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000049905
<NAME> FORTIS EQUITY PORTFOLIOS INC.
<SERIES>
<NUMBER> 3
<NAME> GROWTH & INCOME FUND (CLASS B)
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 2-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-START> JAN-02-1996<F1>
<PERIOD-END> FEB-29-1996
<INVESTMENTS-AT-COST> 1,696,403
<INVESTMENTS-AT-VALUE> 1,722,253
<RECEIVABLES> 28,971
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 61,399
<TOTAL-ASSETS> 1,812,623
<PAYABLE-FOR-SECURITIES> 66,561
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,159
<TOTAL-LIABILITIES> 68,720
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,714,445
<SHARES-COMMON-STOCK> 8,161
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 3,608
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 25,850
<NET-ASSETS> 1,743,903
<DIVIDEND-INCOME> 4,104
<INTEREST-INCOME> 1,843
<OTHER-INCOME> 0
<EXPENSES-NET> (2,339)
<NET-INVESTMENT-INCOME> 3,608
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 25,850
<NET-CHANGE-FROM-OPS> 29,458
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 8,171
<NUMBER-OF-SHARES-REDEEMED> (10)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1,743,903
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,428
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,339
<AVERAGE-NET-ASSETS> 936,000
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .02
<PER-SHARE-GAIN-APPREC> .12
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.14
<EXPENSE-RATIO> 2.58<F2>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>COMMENCEMENT OF OPERATIONS
<F2>ANNUALIZED
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 26 - 44 OF THE SEMI-ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000049905
<NAME> FORTIS EQUITY PORTFOLIOS INC.
<SERIES>
<NUMBER> 3
<NAME> GROWTH & INCOME FUND (CLASS C)
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 2-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-START> JAN-02-1996<F1>
<PERIOD-END> FEB-29-1996
<INVESTMENTS-AT-COST> 1,696,403
<INVESTMENTS-AT-VALUE> 1,722,253
<RECEIVABLES> 28,971
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 61,399
<TOTAL-ASSETS> 1,812,623
<PAYABLE-FOR-SECURITIES> 66,561
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,159
<TOTAL-LIABILITIES> 68,720
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,714,445
<SHARES-COMMON-STOCK> 12,215
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 3,608
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 25,850
<NET-ASSETS> 1,743,903
<DIVIDEND-INCOME> 4,104
<INTEREST-INCOME> 1,843
<OTHER-INCOME> 0
<EXPENSES-NET> (2,339)
<NET-INVESTMENT-INCOME> 3,608
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 25,850
<NET-CHANGE-FROM-OPS> 29,458
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 12,225
<NUMBER-OF-SHARES-REDEEMED> (10)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1,743,903
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,428
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,339
<AVERAGE-NET-ASSETS> 936,000
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .02
<PER-SHARE-GAIN-APPREC> .12
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.14
<EXPENSE-RATIO> 2.58<F2>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>COMMENCEMENT OF OPERATIONS
<F2>ANNUALIZED
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 26 - 44 OF THE SEMI-ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000049905
<NAME> FORTIS EQUITY PORTFOLIOS INC.
<SERIES>
<NUMBER> 3
<NAME> GROWTH & INCOME FUND (CLASS H)
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 2-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-START> JAN-02-1996<F1>
<PERIOD-END> FEB-29-1996
<INVESTMENTS-AT-COST> 1,696,403
<INVESTMENTS-AT-VALUE> 1,722,253
<RECEIVABLES> 28,971
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 61,399
<TOTAL-ASSETS> 1,812,623
<PAYABLE-FOR-SECURITIES> 66,561
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,159
<TOTAL-LIABILITIES> 68,720
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,714,445
<SHARES-COMMON-STOCK> 35,319
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 3,608
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 25,850
<NET-ASSETS> 1,743,903
<DIVIDEND-INCOME> 4,104
<INTEREST-INCOME> 1,843
<OTHER-INCOME> 0
<EXPENSES-NET> (2,339)
<NET-INVESTMENT-INCOME> 3,608
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 25,850
<NET-CHANGE-FROM-OPS> 29,458
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 35,601
<NUMBER-OF-SHARES-REDEEMED> (282)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1,743,903
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,428
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,339
<AVERAGE-NET-ASSETS> 936,000
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .02
<PER-SHARE-GAIN-APPREC> .13
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.15
<EXPENSE-RATIO> 2.58<F2>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>COMMENCEMENT OF OPERATIONS
<F2>ANNUALIZED
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS FINANCIAL SUMMARY INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 26 - 44 OF THE SEMI-ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000049905
<NAME> FORTIS EQUITY PORTFOLIOS INC.
<SERIES>
<NUMBER> 2
<NAME> VALUE FUND (CLASS A)
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 2-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-START> JAN-02-1996<F1>
<PERIOD-END> FEB-29-1996
<INVESTMENTS-AT-COST> 6,650,849
<INVESTMENTS-AT-VALUE> 6,767,370
<RECEIVABLES> 12,213
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 9,588
<TOTAL-ASSETS> 6,789,171
<PAYABLE-FOR-SECURITIES> 193,190
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 20,420
<TOTAL-LIABILITIES> 213,610
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 6,464,499
<SHARES-COMMON-STOCK> 599,231
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 8,251
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (13,710)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 116,521
<NET-ASSETS> 6,575,561
<DIVIDEND-INCOME> 17,351
<INTEREST-INCOME> 10,274
<OTHER-INCOME> 0
<EXPENSES-NET> (19,374)
<NET-INVESTMENT-INCOME> 8,251
<REALIZED-GAINS-CURRENT> (13,710)
<APPREC-INCREASE-CURRENT> 116,521
<NET-CHANGE-FROM-OPS> 111,062
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 599,340
<NUMBER-OF-SHARES-REDEEMED> (109)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 6,575,561
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 9,083
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 19,374
<AVERAGE-NET-ASSETS> 4,268,000
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> .16
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.17
<EXPENSE-RATIO> 2.11<F2>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>COMMENCEMENT OF OPERATIONS
<F2>ANNUALIZED
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS FINANCIAL SUMMARY INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 26 - 44 OF THE SEMI-ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000049905
<NAME> FORTIS EQUITY PORTFOLIOS INC.
<SERIES>
<NUMBER> 2
<NAME> VALUE FUND (CLASS B)
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 2-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-START> JAN-02-1996<F1>
<PERIOD-END> FEB-29-1996
<INVESTMENTS-AT-COST> 6,650,849
<INVESTMENTS-AT-VALUE> 6,767,370
<RECEIVABLES> 12,213
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 9,588
<TOTAL-ASSETS> 6,789,171
<PAYABLE-FOR-SECURITIES> 193,190
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 20,420
<TOTAL-LIABILITIES> 213,610
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 6,464,499
<SHARES-COMMON-STOCK> 9,681
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 8,251
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (13,710)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 116,521
<NET-ASSETS> 6,575,561
<DIVIDEND-INCOME> 17,351
<INTEREST-INCOME> 10,274
<OTHER-INCOME> 0
<EXPENSES-NET> (19,374)
<NET-INVESTMENT-INCOME> 8,251
<REALIZED-GAINS-CURRENT> (13,710)
<APPREC-INCREASE-CURRENT> 116,521
<NET-CHANGE-FROM-OPS> 111,062
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9,691
<NUMBER-OF-SHARES-REDEEMED> (10)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 6,575,561
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 9,083
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 19,374
<AVERAGE-NET-ASSETS> 4,268,000
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> .14
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.15
<EXPENSE-RATIO> 2.86<F2>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>COMMENCEMENT OF OPERATIONS
<F2>ANNUALIZED
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS FINANCIAL SUMMARY INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 26 - 44 OF THE SEMI-ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000049905
<NAME> FORTIS EQUITY PORTFOLIOS INC.
<SERIES>
<NUMBER> 2
<NAME> VALUE FUND (CLASS C)
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 2-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-START> JAN-02-1996<F1>
<PERIOD-END> FEB-29-1996
<INVESTMENTS-AT-COST> 6,650,849
<INVESTMENTS-AT-VALUE> 6,767,370
<RECEIVABLES> 12,213
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 9,588
<TOTAL-ASSETS> 6,789,171
<PAYABLE-FOR-SECURITIES> 193,190
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 20,420
<TOTAL-LIABILITIES> 213,610
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 6,464,499
<SHARES-COMMON-STOCK> 10,362
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 8,251
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (13,710)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 116,521
<NET-ASSETS> 6,575,561
<DIVIDEND-INCOME> 17,351
<INTEREST-INCOME> 10,274
<OTHER-INCOME> 0
<EXPENSES-NET> (19,374)
<NET-INVESTMENT-INCOME> 8,251
<REALIZED-GAINS-CURRENT> (13,710)
<APPREC-INCREASE-CURRENT> 116,521
<NET-CHANGE-FROM-OPS> 111,062
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 10,372
<NUMBER-OF-SHARES-REDEEMED> (10)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 6,575,561
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 9,083
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 19,374
<AVERAGE-NET-ASSETS> 4,268,000
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> .14
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.15
<EXPENSE-RATIO> 2.86<F2>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>COMMENCEMENT OF OPERATIONS
<F2>ANNUALIZED
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS FINANCIAL SUMMARY INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 26 - 44 OF THE SEMI-ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000049905
<NAME> FORTIS EQUITY PORTFOLIOS INC.
<SERIES>
<NUMBER> 2
<NAME> VALUE FUND (CLASS H)
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 2-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-START> JAN-02-1996<F1>
<PERIOD-END> FEB-29-1996
<INVESTMENTS-AT-COST> 6,650,849
<INVESTMENTS-AT-VALUE> 6,767,370
<RECEIVABLES> 12,213
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 9,588
<TOTAL-ASSETS> 6,789,171
<PAYABLE-FOR-SECURITIES> 193,190
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 20,420
<TOTAL-LIABILITIES> 213,610
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 6,464,499
<SHARES-COMMON-STOCK> 27,603
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 8,251
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (13,710)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 116,521
<NET-ASSETS> 6,575,561
<DIVIDEND-INCOME> 17,351
<INTEREST-INCOME> 10,274
<OTHER-INCOME> 0
<EXPENSES-NET> (19,374)
<NET-INVESTMENT-INCOME> 8,251
<REALIZED-GAINS-CURRENT> (13,710)
<APPREC-INCREASE-CURRENT> 116,521
<NET-CHANGE-FROM-OPS> 111,062
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 27,613
<NUMBER-OF-SHARES-REDEEMED> (10)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 6,575,561
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 9,083
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 19,374
<AVERAGE-NET-ASSETS> 4,268,000
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> .15
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.16
<EXPENSE-RATIO> 2.86<F2>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>COMMENCEMENT OF OPERATIONS
<F2>ANNUALIZED
</FN>
</TABLE>
ATTACHMENT FOR FORM N-SAR SUB-ITEM 77I
FORTIS EQUITY PORTFOLIOS, INC.
Effective January 1, 1996 two new series were added to
Registrant, Fortis Value Fund ("Series B") and Fortis
Growth & Income Fund ("Series C"). As described in the
attached Certificate of Designation, shares of the
Registrant's existing authorized capital stock were
designated for each of the new series. Each new series
has four classes of shares, the relative rights and
preferences of which are identical to those of the four
classes of the existing series of Registrant (Fortis
Capital Fund - "Series A"). For a description of the
new series and the classes of shares for each series,
the Registrant's Post-Effective Amendment No. 77 filed
with the Commission on December 29, 1995 is
incorporated by reference.
CERTIFICATE OF DESIGNATION
OF SERIES B COMMON SHARES
AND
SERIES C COMMON SHARES
OF FORTIS EQUITY PORTFOLIOS, INC.
The undersigned duly elected Assistant Secretary of
Fortis Equity Portfolios, Inc., a Minnesota corporation
(the "Corporation"), hereby certifies that the following
is a true, complete and correct copy of resolutions duly
adopted by a majority of the directors of the Board of
Directors of the Corporation on December 7, 1995.
DESIGNATION OF SERIES B COMMON SHARES
AND SERIES C COMMON SHARES
WHEREAS, the total authorized number of shares of the
Corporation is 100,000,000,000, all of which shares are
common shares, $.01 par value per share, as set forth in
the Corporation's Articles of Incorporation (the
"Articles"); and
WHEREAS, of said total authorized shares, 10,000,000,000
have been designated Series A Common Shares, with
1,000,000,000 of such shares designated as Class A
Commons Shares; 1,000,000,000 designated as Class B
Common Shares; 1,000,000,000 designated as Class C Common
Shares; and 1,000,000,000 designated as Class H Common
Shares; and
WHEREAS, said Articles set forth that the balance of
90,000,000,000 authorized but unissued common shares may
be issued in such series, and in such classes of such
series, with such relative rights and preferences as
shall be stated or expressed in a resolution or
resolutions providing for the issue of any such series of
common shares, or any such class of such series, as may
be adopted from time to time by the Board of Directors of
the Corporation;
NOW, THEREFORE, BE IT RESOLVED, that of the
90,000,000,000 authorized but unissued common shares,
10,000,000,000 of such shares are hereby designated as
Series B Common Shares and 10,000,000,000 of such shares
are hereby designated as Series C Common Shares as
provided in Article 5(a) of the Articles and each of said
Series B Common Shares and Series C Common Shares shall
represent interests in a separate and distinct portion of
the Corporation's assets and liabilities which shall take
the form of a separate portfolio of investment
securities, cash other assets and liabilities.
BE IT FURTHER RESOLVED, of the 10,000,000,000 shares
designated herein as Series B Common Shares,
1,000,000,000 are hereby designated as Class A Common
Shares, 1,000,000,000 are hereby designated as Class B
Common Shares, 1,000,000,000 are hereby designated as
Class C Common Shares and 1,000,000,000 are hereby
designated as Class H Common Shares, as provided in
Article 5(b) of the Articles.
BE IT FURTHER RESOLVED, of the 10,000,000,000 shares
designated herein as Series C Common Shares,
1,000,000,000 are hereby designated as Class A Common
Shares, 1,000,000,000 are hereby designated as Class B
Common Shares, 1,000,000,000 are hereby designated as
Class C Common Shares and 1,000,000,000 are hereby
designated as Class H Common Shares, as provided in
Article 5(b) of the Articles.
BE IT FURTHER RESOLVED, that Articles 5, 6 and 7 of the
Articles of the Corporation setting forth the relative
rights and preferences of each series and class thereof
be, and they hereby are, adopted as the rights and
preferences of the series and classes designated in these
resolutions. As provided in Article 5(b) of the
Articles, any Class of Common Shares designated by these
resolutions may be subject to such charges and expenses
(including by way of example, but not of limitation, such
front-end and deferred sales charges as may be permitted
under the Investment Company Act of 1940, as amended (the
"1940 Act") and the rules of the National Association of
Securities Dealers, Inc., and expenses under Rule 12b-1
plans, administration plans, service plans, or other
plans or arrangements, however designated) as may be
adopted from time to time by the Board of Directors of
the Corporation in accordance, to the extent applicable,
with the 1940 Act, which charges and expenses may differ
from those applicable to another Class, and all of the
charges and expenses to which a Class is subject shall be
borne by such Class and shall be appropriately reflected
in determining the net asset value and the amounts
payable with respect to dividends and distributions on,
and redemptions or liquidations of, such Class.
IN WITNESS WHEREOF, the undersigned has signed this
Certificate of Designation on behalf of Fortis Equity
Portfolios, Inc. this 19th day of December, 1995.
/s/ Scott R. Plummer
Scott R. Plummer, Assistant Secretary
