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SIGNATURE LESLIE L. OGG
TITLE VICE PRESIDENT
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<INVESTMENTS-AT-COST> 1195863949
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 7
<NAME> IDS DIVERSIFIED EQUITY INCOME FUND CLASS B
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1996
<PERIOD-END> MAR-31-1996
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<SHARES-COMMON-PRIOR> 4007132
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<ACCUM-APPREC-OR-DEPREC> 146432011
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<INTEREST-INCOME> 2669164
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<DISTRIBUTIONS-OF-INCOME> (514570)
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<NUMBER-OF-SHARES-SOLD> 4496925
<NUMBER-OF-SHARES-REDEEMED> (339890)
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<ACCUMULATED-NII-PRIOR> 39794044
<ACCUMULATED-GAINS-PRIOR> (24830621)
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<AVERAGE-NET-ASSETS> 49163381
<PER-SHARE-NAV-BEGIN> 7.89
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<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 8
<NAME> IDS DIVERSIFIED EQUITY INCOME FUND CLASS Y
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1996
<PERIOD-END> MAR-31-1996
<INVESTMENTS-AT-COST> 1195863949
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<DISTRIBUTIONS-OF-INCOME> (436634)
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<NUMBER-OF-SHARES-SOLD> 709375
<NUMBER-OF-SHARES-REDEEMED> (408615)
<SHARES-REINVESTED> 50893
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<GROSS-EXPENSE> 5917997
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<PER-SHARE-NAV-BEGIN> 7.89
<PER-SHARE-NII> .13
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<PER-SHARE-NAV-END> 8.60
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</TABLE>
