Exhibit (j)
CONSENT OF INDEPENDENT AUDITORS
We consent to the reference to our firm under the captions "Financial
Highlights" and "Independent Auditors and Reports to Shareholders" and to the
use of our report on the Kemper U.S. Mortgage Fund dated November 21, 2000 in
the Registration Statement (Form N-1A) of Kemper Portfolios, and its
incorporation by reference in the related prospectus and statement of additional
information of Kemper Income Funds, filed with the Securities and Exchange
Commission in this Post-Effective Amendment No. 38 to the Registration Statement
under the Securities Act of 1933 (File No. 2-76806) and in this Amendment No. 40
to the Registration Statement under the Investment Company Act of 1940 (File No.
811-3440).
/s/ERNST & YOUNG LLP
ERNST & YOUNG LLP
Chicago, Illinois
December 22, 2000