AXP INVESTMENT SERIES INC
NSAR-B, EX-27, 2000-11-27
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<TABLE> <S> <C>


<ARTICLE> 6
<SERIES>
   <NUMBER>  9
   <NAME>  AXP DIVERSIFIED EQUITY INCOME FUND CLASS Y

<S>                                                            <C>
<PERIOD-TYPE>                                                          YEAR
<FISCAL-YEAR-END>                                               SEP-30-2000
<PERIOD-END>                                                    SEP-30-2000
<INVESTMENTS-AT-COST>                                                     0
<INVESTMENTS-AT-VALUE>                                                    0
<RECEIVABLES>                                                             0
<ASSETS-OTHER>                                                   2200379850
<OTHER-ITEMS-ASSETS>                                                      0
<TOTAL-ASSETS>                                                   2200379850
<PAYABLE-FOR-SECURITIES>                                                  0
<SENIOR-LONG-TERM-DEBT>                                                   0
<OTHER-ITEMS-LIABILITIES>                                            166783
<TOTAL-LIABILITIES>                                                  166783
<SENIOR-EQUITY>                                                           0
<PAID-IN-CAPITAL-COMMON>                                         2018014101
<SHARES-COMMON-STOCK>                                               2340796
<SHARES-COMMON-PRIOR>                                               2260601
<ACCUMULATED-NII-CURRENT>                                            858111
<OVERDISTRIBUTION-NII>                                                    0
<ACCUMULATED-NET-GAINS>                                                   0
<OVERDISTRIBUTION-GAINS>                                           59762412
<ACCUM-APPREC-OR-DEPREC>                                          241103267
<NET-ASSETS>                                                       20979433
<DIVIDEND-INCOME>                                                  53591822
<INTEREST-INCOME>                                                   5089222
<OTHER-INCOME>                                                            0
<EXPENSES-NET>                                                     27665331
<NET-INVESTMENT-INCOME>                                            31015713
<REALIZED-GAINS-CURRENT>                                          (40603344)
<APPREC-INCREASE-CURRENT>                                         140001216
<NET-CHANGE-FROM-OPS>                                             130413585
<EQUALIZATION>                                                            0
<DISTRIBUTIONS-OF-INCOME>                                            324470
<DISTRIBUTIONS-OF-GAINS>                                            1851504
<DISTRIBUTIONS-OTHER>                                                     0
<NUMBER-OF-SHARES-SOLD>                                              788435
<NUMBER-OF-SHARES-REDEEMED>                                          952400
<SHARES-REINVESTED>                                                  244160
<NET-CHANGE-IN-ASSETS>                                           (438217684)
<ACCUMULATED-NII-PRIOR>                                             1924753
<ACCUMULATED-GAINS-PRIOR>                                         212521757
<OVERDISTRIB-NII-PRIOR>                                                   0
<OVERDIST-NET-GAINS-PRIOR>                                                0
<GROSS-ADVISORY-FEES>                                                 55751
<INTEREST-EXPENSE>                                                        0
<GROSS-EXPENSE>                                                    27858600
<AVERAGE-NET-ASSETS>                                               21164433
<PER-SHARE-NAV-BEGIN>                                                  9.40
<PER-SHARE-NII>                                                         .14
<PER-SHARE-GAIN-APPREC>                                                 .39
<PER-SHARE-DIVIDEND>                                                    .14
<PER-SHARE-DISTRIBUTIONS>                                               .83
<RETURNS-OF-CAPITAL>                                                      0
<PER-SHARE-NAV-END>                                                    8.96
<EXPENSE-RATIO>                                                         .76


</TABLE>


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