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<PAGE> PAGE 2
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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 10
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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SIGNATURE DEBORAH ROBINSON
TITLE ADMIN. ASSISTANT
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<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
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<LEGEND>
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<NUMBER> 03
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<NUMBER-OF-SHARES-REDEEMED> (2,251,907)
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<NET-CHANGE-IN-ASSETS> 95,494
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (173)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 947
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,513
<AVERAGE-NET-ASSETS> 757,506
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .03
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> .03
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .20
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 04
<NAME> TAX-EXEMPT PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 722,964
<INVESTMENTS-AT-VALUE> 722,964
<RECEIVABLES> 9,572
<ASSETS-OTHER> 31
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 732,567
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,314
<TOTAL-LIABILITIES> 3,314
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 729,018
<SHARES-COMMON-STOCK> 729,018
<SHARES-COMMON-PRIOR> 803,691
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 235
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 729,253
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 14,411
<OTHER-INCOME> 0
<EXPENSES-NET> (1,349)
<NET-INVESTMENT-INCOME> 13,062
<REALIZED-GAINS-CURRENT> 196
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 13,258
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (13,062)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,114,465
<NUMBER-OF-SHARES-REDEEMED> (3,189,220)
<SHARES-REINVESTED> 82
<NET-CHANGE-IN-ASSETS> (74,477)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 39
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 962
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,535
<AVERAGE-NET-ASSETS> 769,128
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .02
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> .02
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .35
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 061
<NAME> DIVERSIFIED GROWTH PORTFOLIO - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 117,231
<INVESTMENTS-AT-VALUE> 144,408
<RECEIVABLES> 320
<ASSETS-OTHER> 27
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 144,755
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 99
<TOTAL-LIABILITIES> 99
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 106,045
<SHARES-COMMON-STOCK> 11,108
<SHARES-COMMON-PRIOR> 12,030
<ACCUMULATED-NII-CURRENT> 716
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 10,718
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 27,177
<NET-ASSETS> 144,656
<DIVIDEND-INCOME> 1,109
<INTEREST-INCOME> 102
<OTHER-INCOME> 0
<EXPENSES-NET> (478)
<NET-INVESTMENT-INCOME> 733
<REALIZED-GAINS-CURRENT> 10,753
<APPREC-INCREASE-CURRENT> 1,541
<NET-CHANGE-FROM-OPS> 13,027
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,750)
<DISTRIBUTIONS-OF-GAINS> (1,919)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 801
<NUMBER-OF-SHARES-REDEEMED> (2,013)
<SHARES-REINVESTED> 290
<NET-CHANGE-IN-ASSETS> (2,296)
<ACCUMULATED-NII-PRIOR> 1,735
<ACCUMULATED-GAINS-PRIOR> 1,887
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 579
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 801
<AVERAGE-NET-ASSETS> 144,212
<PER-SHARE-NAV-BEGIN> 12.20
<PER-SHARE-NII> .08
<PER-SHARE-GAIN-APPREC> 1.03
<PER-SHARE-DIVIDEND> (0.15)
<PER-SHARE-DISTRIBUTIONS> (0.16)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.00
<EXPENSE-RATIO> .66
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 064
<NAME> DIVERSIFIED GROWTH PORTFOLIO - CLASS D
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 117,231
<INVESTMENTS-AT-VALUE> 144,408
<RECEIVABLES> 320
<ASSETS-OTHER> 27
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 144,755
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 99
<TOTAL-LIABILITIES> 99
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 106,045
<SHARES-COMMON-STOCK> 20
<SHARES-COMMON-PRIOR> 18
<ACCUMULATED-NII-CURRENT> 716
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 10,718
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 27,177
<NET-ASSETS> 144,656
<DIVIDEND-INCOME> 1,109
<INTEREST-INCOME> 102
<OTHER-INCOME> 0
<EXPENSES-NET> (478)
<NET-INVESTMENT-INCOME> 733
<REALIZED-GAINS-CURRENT> 10,753
<APPREC-INCREASE-CURRENT> 1,541
<NET-CHANGE-FROM-OPS> 13,027
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2)
<DISTRIBUTIONS-OF-GAINS> (3)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5
<NUMBER-OF-SHARES-REDEEMED> (4)
<SHARES-REINVESTED> 1
<NET-CHANGE-IN-ASSETS> (2,296)
<ACCUMULATED-NII-PRIOR> 1,735
<ACCUMULATED-GAINS-PRIOR> 1,887
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 579
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 801
<AVERAGE-NET-ASSETS> 230
<PER-SHARE-NAV-BEGIN> 12.16
<PER-SHARE-NII> .04
<PER-SHARE-GAIN-APPREC> 1.03
<PER-SHARE-DIVIDEND> (0.14)
<PER-SHARE-DISTRIBUTIONS> (0.16)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.93
<EXPENSE-RATIO> 1.05
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 071
<NAME> EQUITY INDEX PORTFOLIO - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 508,476
<INVESTMENTS-AT-VALUE> 646,572
<RECEIVABLES> 1,550
<ASSETS-OTHER> 47
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 648,169
<PAYABLE-FOR-SECURITIES> 17
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 27,117
<TOTAL-LIABILITIES> 27,134
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 473,159
<SHARES-COMMON-STOCK> 40,335
<SHARES-COMMON-PRIOR> 34,621
<ACCUMULATED-NII-CURRENT> 439
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 9,715
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 137,722
<NET-ASSETS> 621,035
<DIVIDEND-INCOME> 6,271
<INTEREST-INCOME> 504
<OTHER-INCOME> 0
<EXPENSES-NET> (632)
<NET-INVESTMENT-INCOME> 6,143
<REALIZED-GAINS-CURRENT> 13,271
<APPREC-INCREASE-CURRENT> 42,836
<NET-CHANGE-FROM-OPS> 62,250
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (5,929)
<DISTRIBUTIONS-OF-GAINS> (15,195)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 13,973
<NUMBER-OF-SHARES-REDEEMED> (9,645)
<SHARES-REINVESTED> 1,386
<NET-CHANGE-IN-ASSETS> 122,072
<ACCUMULATED-NII-PRIOR> 416
<ACCUMULATED-GAINS-PRIOR> 12,235
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 849
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,429
<AVERAGE-NET-ASSETS> 545,760
<PER-SHARE-NAV-BEGIN> 13.86
<PER-SHARE-NII> .16
<PER-SHARE-GAIN-APPREC> 1.40
<PER-SHARE-DIVIDEND> (.15)
<PER-SHARE-DISTRIBUTIONS> (.43)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.84
<EXPENSE-RATIO> .21
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 073
<NAME> EQUITY INDEX PORTFOLIO - CLASS C
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 508,476
<INVESTMENTS-AT-VALUE> 646,572
<RECEIVABLES> 1,550
<ASSETS-OTHER> 47
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 648,169
<PAYABLE-FOR-SECURITIES> 17
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 27,117
<TOTAL-LIABILITIES> 27,134
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 473,149
<SHARES-COMMON-STOCK> 1,405
<SHARES-COMMON-PRIOR> 1,329
<ACCUMULATED-NII-CURRENT> 439
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 9,715
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 137,722
<NET-ASSETS> 621,035
<DIVIDEND-INCOME> 6,271
<INTEREST-INCOME> 504
<OTHER-INCOME> 0
<EXPENSES-NET> (632)
<NET-INVESTMENT-INCOME> 6,143
<REALIZED-GAINS-CURRENT> 13,271
<APPREC-INCREASE-CURRENT> 42,836
<NET-CHANGE-FROM-OPS> 62,250
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (182)
<DISTRIBUTIONS-OF-GAINS> (570)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 596
<NUMBER-OF-SHARES-REDEEMED> (563)
<SHARES-REINVESTED> 43
<NET-CHANGE-IN-ASSETS> 122,072
<ACCUMULATED-NII-PRIOR> 416
<ACCUMULATED-GAINS-PRIOR> 12,235
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 849
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,429
<AVERAGE-NET-ASSETS> 19,463
<PER-SHARE-NAV-BEGIN> 13.86
<PER-SHARE-NII> .15
<PER-SHARE-GAIN-APPREC> 1.40
<PER-SHARE-DIVIDEND> (.14)
<PER-SHARE-DISTRIBUTIONS> (.43)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.84
<EXPENSE-RATIO> .45
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 074
<NAME> EQUITY INDEX PORTFOLIO - CLASS D
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 508,476
<INVESTMENTS-AT-VALUE> 646,572
<RECEIVABLES> 1,550
<ASSETS-OTHER> 47
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 648,169
<PAYABLE-FOR-SECURITIES> 17
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 27,117
<TOTAL-LIABILITIES> 27,134
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 473,159
<SHARES-COMMON-STOCK> 98
<SHARES-COMMON-PRIOR> 59
<ACCUMULATED-NII-CURRENT> 439
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 9,715
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 137,722
<NET-ASSETS> 621,035
<DIVIDEND-INCOME> 6,271
<INTEREST-INCOME> 504
<OTHER-INCOME> 0
<EXPENSES-NET> (632)
<NET-INVESTMENT-INCOME> 6,143
<REALIZED-GAINS-CURRENT> 13,271
<APPREC-INCREASE-CURRENT> 42,836
<NET-CHANGE-FROM-OPS> 62,250
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (9)
<DISTRIBUTIONS-OF-GAINS> (26)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 58
<NUMBER-OF-SHARES-REDEEMED> (21)
<SHARES-REINVESTED> 2
<NET-CHANGE-IN-ASSETS> 122,072
<ACCUMULATED-NII-PRIOR> 416
<ACCUMULATED-GAINS-PRIOR> 12,235
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 849
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,429
<AVERAGE-NET-ASSETS> 1,042
<PER-SHARE-NAV-BEGIN> 13.83
<PER-SHARE-NII> .15
<PER-SHARE-GAIN-APPREC> 1.40
<PER-SHARE-DIVIDEND> (.12)
<PER-SHARE-DISTRIBUTIONS> (.43)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.83
<EXPENSE-RATIO> .60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 081
<NAME> FOCUSED GROWTH PORTFOLIO - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 90,604
<INVESTMENTS-AT-VALUE> 108,034
<RECEIVABLES> 1,488
<ASSETS-OTHER> 260
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 109,782
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 386
<TOTAL-LIABILITIES> 386
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 84,574
<SHARES-COMMON-STOCK> 7,990
<SHARES-COMMON-PRIOR> 6,871
<ACCUMULATED-NII-CURRENT> 49
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 7,456
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 17,317
<NET-ASSETS> 109,396
<DIVIDEND-INCOME> 436
<INTEREST-INCOME> 44
<OTHER-INCOME> 0
<EXPENSES-NET> (432)
<NET-INVESTMENT-INCOME> 48
<REALIZED-GAINS-CURRENT> 7,456
<APPREC-INCREASE-CURRENT> 2,568
<NET-CHANGE-FROM-OPS> 10,072
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (317)
<DISTRIBUTIONS-OF-GAINS> (1,293)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,794
<NUMBER-OF-SHARES-REDEEMED> (792)
<SHARES-REINVESTED> 117
<NET-CHANGE-IN-ASSETS> 22,808
<ACCUMULATED-NII-PRIOR> 320
<ACCUMULATED-GAINS-PRIOR> 1,301
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 519
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 687
<AVERAGE-NET-ASSETS> 93,733
<PER-SHARE-NAV-BEGIN> 12.53
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> 1.32
<PER-SHARE-DIVIDEND> (.05)
<PER-SHARE-DISTRIBUTIONS> (.19)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.62
<EXPENSE-RATIO> .91
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 084
<NAME> FOCUSED GROWTH PORTFOLIO - CLASS D
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 90,604
<INVESTMENTS-AT-VALUE> 108,034
<RECEIVABLES> 1,488
<ASSETS-OTHER> 260
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 109,782
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 386
<TOTAL-LIABILITIES> 386
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 84,574
<SHARES-COMMON-STOCK> 40
<SHARES-COMMON-PRIOR> 39
<ACCUMULATED-NII-CURRENT> 49
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 7,456
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 17,317
<NET-ASSETS> 109,396
<DIVIDEND-INCOME> 436
<INTEREST-INCOME> 44
<OTHER-INCOME> 0
<EXPENSES-NET> (432)
<NET-INVESTMENT-INCOME> 48
<REALIZED-GAINS-CURRENT> 7,456
<APPREC-INCREASE-CURRENT> 2,568
<NET-CHANGE-FROM-OPS> 10,072
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2)
<DISTRIBUTIONS-OF-GAINS> (8)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 7
<NUMBER-OF-SHARES-REDEEMED> (7)
<SHARES-REINVESTED> 1
<NET-CHANGE-IN-ASSETS> 22,808
<ACCUMULATED-NII-PRIOR> 320
<ACCUMULATED-GAINS-PRIOR> 1,301
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 519
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 687
<AVERAGE-NET-ASSETS> 558
<PER-SHARE-NAV-BEGIN> 12.48
<PER-SHARE-NII> (.02)
<PER-SHARE-GAIN-APPREC> 1.32
<PER-SHARE-DIVIDEND> (.04)
<PER-SHARE-DISTRIBUTIONS> (.19)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.55
<EXPENSE-RATIO> 1.30
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 091
<NAME> SMALL COMPANY INDEX PORTFOLIO - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 92,257
<INVESTMENTS-AT-VALUE> 118,235
<RECEIVABLES> 386
<ASSETS-OTHER> 48
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 118,669
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 66
<TOTAL-LIABILITIES> 66
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 90,232
<SHARES-COMMON-STOCK> 8,357
<SHARES-COMMON-PRIOR> 7,310
<ACCUMULATED-NII-CURRENT> 425
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,992
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 25,954
<NET-ASSETS> 118,603
<DIVIDEND-INCOME> 803
<INTEREST-INCOME> 61
<OTHER-INCOME> 0
<EXPENSES-NET> (161)
<NET-INVESTMENT-INCOME> 703
<REALIZED-GAINS-CURRENT> 2,116
<APPREC-INCREASE-CURRENT> 14,098
<NET-CHANGE-FROM-OPS> 17,281
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,002)
<DISTRIBUTIONS-OF-GAINS> (5,764)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,317
<NUMBER-OF-SHARES-REDEEMED> (785)
<SHARES-REINVESTED> 515
<NET-CHANGE-IN-ASSETS> 23,660
<ACCUMULATED-NII-PRIOR> 724
<ACCUMULATED-GAINS-PRIOR> 5,279
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 205
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 388
<AVERAGE-NET-ASSETS> 102,236
<PER-SHARE-NAV-BEGIN> 12.98
<PER-SHARE-NII> .10
<PER-SHARE-GAIN-APPREC> 2.05
<PER-SHARE-DIVIDEND> (.14)
<PER-SHARE-DISTRIBUTIONS> (.81)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.18
<EXPENSE-RATIO> .31
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 094
<NAME> SMALL COMPANY INDEX PORTFOLIO - CLASS D
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 92,257
<INVESTMENTS-AT-VALUE> 118,235
<RECEIVABLES> 386
<ASSETS-OTHER> 48
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 118,669
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 66
<TOTAL-LIABILITIES> 66
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 90,232
<SHARES-COMMON-STOCK> 7
<SHARES-COMMON-PRIOR> 3
<ACCUMULATED-NII-CURRENT> 425
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,992
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 25,954
<NET-ASSETS> 118,603
<DIVIDEND-INCOME> 803
<INTEREST-INCOME> 61
<OTHER-INCOME> 0
<EXPENSES-NET> (161)
<NET-INVESTMENT-INCOME> 703
<REALIZED-GAINS-CURRENT> 2,116
<APPREC-INCREASE-CURRENT> 14,098
<NET-CHANGE-FROM-OPS> 17,281
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1)
<DISTRIBUTIONS-OF-GAINS> (2)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 1
<NET-CHANGE-IN-ASSETS> 23,660
<ACCUMULATED-NII-PRIOR> 724
<ACCUMULATED-GAINS-PRIOR> 5,279
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 205
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 388
<AVERAGE-NET-ASSETS> 65
<PER-SHARE-NAV-BEGIN> 12.95
<PER-SHARE-NII> .07
<PER-SHARE-GAIN-APPREC> 2.05
<PER-SHARE-DIVIDEND> (.14)
<PER-SHARE-DISTRIBUTIONS> (.81)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.12
<EXPENSE-RATIO> .70
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 101
<NAME> BOND PORTFOLIO - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 331,276
<INVESTMENTS-AT-VALUE> 326,872
<RECEIVABLES> 4,386
<ASSETS-OTHER> 297
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 331,555
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 123
<TOTAL-LIABILITIES> 123
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 337,631
<SHARES-COMMON-STOCK> 16,382
<SHARES-COMMON-PRIOR> 13,661
<ACCUMULATED-NII-CURRENT> 125
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,920)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (4,404)
<NET-ASSETS> 331,432
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 10,561
<OTHER-INCOME> 0
<EXPENSES-NET> (571)
<NET-INVESTMENT-INCOME> 9,990
<REALIZED-GAINS-CURRENT> 3,353
<APPREC-INCREASE-CURRENT> (18,544)
<NET-CHANGE-FROM-OPS> (5,201)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (9,751)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,361
<NUMBER-OF-SHARES-REDEEMED> (1,061)
<SHARES-REINVESTED> 421
<NET-CHANGE-IN-ASSETS> 41,307
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (5,273)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 944
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,314
<AVERAGE-NET-ASSETS> 310,941
<PER-SHARE-NAV-BEGIN> 20.96
<PER-SHARE-NII> .66
<PER-SHARE-GAIN-APPREC> (.96)
<PER-SHARE-DIVIDEND> (.65)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.96
<EXPENSE-RATIO> .36
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 103
<NAME> BOND PORTFOLIO - CLASS C
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 331,276
<INVESTMENTS-AT-VALUE> 326,872
<RECEIVABLES> 4,386
<ASSETS-OTHER> 297
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 331,555
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 123
<TOTAL-LIABILITIES> 123
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 337,631
<SHARES-COMMON-STOCK> 177
<SHARES-COMMON-PRIOR> 177
<ACCUMULATED-NII-CURRENT> 125
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,920)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (4,404)
<NET-ASSETS> 331,432
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 10,561
<OTHER-INCOME> 0
<EXPENSES-NET> (571)
<NET-INVESTMENT-INCOME> 9,990
<REALIZED-GAINS-CURRENT> 3,353
<APPREC-INCREASE-CURRENT> (18,544)
<NET-CHANGE-FROM-OPS> (5,201)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (110)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 24
<NUMBER-OF-SHARES-REDEEMED> (29)
<SHARES-REINVESTED> 5
<NET-CHANGE-IN-ASSETS> 41,307
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (5,273)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 944
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,314
<AVERAGE-NET-ASSETS> 3,685
<PER-SHARE-NAV-BEGIN> 20.96
<PER-SHARE-NII> 0.63
<PER-SHARE-GAIN-APPREC> (0.96)
<PER-SHARE-DIVIDEND> (0.62)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.01
<EXPENSE-RATIO> .60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 104
<NAME> BOND PORTFOLIO - CLASS D
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 331,276
<INVESTMENTS-AT-VALUE> 326,872
<RECEIVABLES> 4,386
<ASSETS-OTHER> 297
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 331,555
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 123
<TOTAL-LIABILITIES> 123
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 337,631
<SHARES-COMMON-STOCK> 7
<SHARES-COMMON-PRIOR> 6
<ACCUMULATED-NII-CURRENT> 125
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,920)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (4,404)
<NET-ASSETS> 331,432
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 10,561
<OTHER-INCOME> 0
<EXPENSES-NET> (571)
<NET-INVESTMENT-INCOME> 9,990
<REALIZED-GAINS-CURRENT> 3,353
<APPREC-INCREASE-CURRENT> (18,544)
<NET-CHANGE-FROM-OPS> (5,201)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2
<NUMBER-OF-SHARES-REDEEMED> (1)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 41,307
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (5,273)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 944
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,314
<AVERAGE-NET-ASSETS> 136
<PER-SHARE-NAV-BEGIN> 20.94
<PER-SHARE-NII> .62
<PER-SHARE-GAIN-APPREC> (.96)
<PER-SHARE-DIVIDEND> (.61)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.99
<EXPENSE-RATIO> .75
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 11
<NAME> SHORT DURATION PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 47,064
<INVESTMENTS-AT-VALUE> 47,035
<RECEIVABLES> 85
<ASSETS-OTHER> 40
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 47,160
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,050
<TOTAL-LIABILITIES> 1,050
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 46,744
<SHARES-COMMON-STOCK> 4,623
<SHARES-COMMON-PRIOR> 4,554
<ACCUMULATED-NII-CURRENT> 35
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (640)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (29)
<NET-ASSETS> 46,110
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,227
<OTHER-INCOME> 0
<EXPENSES-NET> (55)
<NET-INVESTMENT-INCOME> 1,172
<REALIZED-GAINS-CURRENT> (29)
<APPREC-INCREASE-CURRENT> (12)
<NET-CHANGE-FROM-OPS> 1,131
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,172)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,040
<NUMBER-OF-SHARES-REDEEMED> (3,080)
<SHARES-REINVESTED> 109
<NET-CHANGE-IN-ASSETS> 637
<ACCUMULATED-NII-PRIOR> 35
<ACCUMULATED-GAINS-PRIOR> (611)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 88
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 189
<AVERAGE-NET-ASSETS> 44,301
<PER-SHARE-NAV-BEGIN> 9.99
<PER-SHARE-NII> .27
<PER-SHARE-GAIN-APPREC> (.02)
<PER-SHARE-DIVIDEND> (.27)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.97
<EXPENSE-RATIO> .25
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 121
<NAME> SHORT-INTERMEDIATE BOND PORTFOLIO - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 188,908
<INVESTMENTS-AT-VALUE> 189,133
<RECEIVABLES> 1,870
<ASSETS-OTHER> 25
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 191,028
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 396
<TOTAL-LIABILITIES> 396
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 189,991
<SHARES-COMMON-STOCK> 9,342
<SHARES-COMMON-PRIOR> 7,655
<ACCUMULATED-NII-CURRENT> 278
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 138
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 225
<NET-ASSETS> 190,632
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4,791
<OTHER-INCOME> 0
<EXPENSES-NET> (304)
<NET-INVESTMENT-INCOME> 4,487
<REALIZED-GAINS-CURRENT> 270
<APPREC-INCREASE-CURRENT> (3,250)
<NET-CHANGE-FROM-OPS> 1,507
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4,414)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,671
<NUMBER-OF-SHARES-REDEEMED> (1,182)
<SHARES-REINVESTED> 198
<NET-CHANGE-IN-ASSETS> 31,941
<ACCUMULATED-NII-PRIOR> 206
<ACCUMULATED-GAINS-PRIOR> (132)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 506
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 727
<AVERAGE-NET-ASSETS> 168,619
<PER-SHARE-NAV-BEGIN> 20.73
<PER-SHARE-NII> .54
<PER-SHARE-GAIN-APPREC> (.33)
<PER-SHARE-DIVIDEND> (.54)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.40
<EXPENSE-RATIO> .36
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 124
<NAME> SHORT-INTERMEDIATE BOND PORTFOLIO - CLASS D
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 188,908
<INVESTMENTS-AT-VALUE> 189,133
<RECEIVABLES> 1,870
<ASSETS-OTHER> 25
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 191,028
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 396
<TOTAL-LIABILITIES> 396
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 189,991
<SHARES-COMMON-STOCK> 2
<SHARES-COMMON-PRIOR> 1
<ACCUMULATED-NII-CURRENT> 278
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 138
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 225
<NET-ASSETS> 190,632
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4,791
<OTHER-INCOME> 0
<EXPENSES-NET> (304)
<NET-INVESTMENT-INCOME> 4,487
<REALIZED-GAINS-CURRENT> 270
<APPREC-INCREASE-CURRENT> (3,250)
<NET-CHANGE-FROM-OPS> 1,507
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 31,941
<ACCUMULATED-NII-PRIOR> 206
<ACCUMULATED-GAINS-PRIOR> (132)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 506
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 727
<AVERAGE-NET-ASSETS> 26
<PER-SHARE-NAV-BEGIN> 20.71
<PER-SHARE-NII> .49
<PER-SHARE-GAIN-APPREC> (.33)
<PER-SHARE-DIVIDEND> (.50)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.37
<EXPENSE-RATIO> .75
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 131
<NAME> U.S. GOVERNMENT SECURITIES PORTFOLIO - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 92,152
<INVESTMENTS-AT-VALUE> 90,595
<RECEIVABLES> 1,046
<ASSETS-OTHER> 31
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 91,672
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 43
<TOTAL-LIABILITIES> 43
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 93,248
<SHARES-COMMON-STOCK> 4,457
<SHARES-COMMON-PRIOR> 2,805
<ACCUMULATED-NII-CURRENT> 104
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (166)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1,557)
<NET-ASSETS> 91,629
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,251
<OTHER-INCOME> 0
<EXPENSES-NET> (151)
<NET-INVESTMENT-INCOME> 2,100
<REALIZED-GAINS-CURRENT> 94
<APPREC-INCREASE-CURRENT> (2,107)
<NET-CHANGE-FROM-OPS> 87
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,998)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,611
<NUMBER-OF-SHARES-REDEEMED> (3,055)
<SHARES-REINVESTED> 96
<NET-CHANGE-IN-ASSETS> 35,233
<ACCUMULATED-NII-PRIOR> 75
<ACCUMULATED-GAINS-PRIOR> (260)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 245
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 390
<AVERAGE-NET-ASSETS> 78,485
<PER-SHARE-NAV-BEGIN> 20.08
<PER-SHARE-NII> .49
<PER-SHARE-GAIN-APPREC> (.38)
<PER-SHARE-DIVIDEND> (.49)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.70
<EXPENSE-RATIO> .36
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 133
<NAME> U.S. GOVERNEMENT SECURITIES PORTFOLIO - CLASS C
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 92,152
<INVESTMENTS-AT-VALUE> 90,595
<RECEIVABLES> 1,046
<ASSETS-OTHER> 31
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 91,672
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 43
<TOTAL-LIABILITIES> 43
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 93,248
<SHARES-COMMON-STOCK> 185
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 104
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (166)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1,557)
<NET-ASSETS> 91,629
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,251
<OTHER-INCOME> 0
<EXPENSES-NET> (151)
<NET-INVESTMENT-INCOME> 2,100
<REALIZED-GAINS-CURRENT> 94
<APPREC-INCREASE-CURRENT> (2,107)
<NET-CHANGE-FROM-OPS> 87
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (69)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 218
<NUMBER-OF-SHARES-REDEEMED> (37)
<SHARES-REINVESTED> 4
<NET-CHANGE-IN-ASSETS> 35,233
<ACCUMULATED-NII-PRIOR> 75
<ACCUMULATED-GAINS-PRIOR> (260)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 245
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 390
<AVERAGE-NET-ASSETS> 3,831
<PER-SHARE-NAV-BEGIN> 20.14
<PER-SHARE-NII> .40
<PER-SHARE-GAIN-APPREC> (.49)
<PER-SHARE-DIVIDEND> (.36)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.69
<EXPENSE-RATIO> .60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 134
<NAME> U.S. GOVERNMENT SECURITIES PORTFOLIO - CLASS D
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 92,152
<INVESTMENTS-AT-VALUE> 90,595
<RECEIVABLES> 1,046
<ASSETS-OTHER> 31
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 91,672
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 43
<TOTAL-LIABILITIES> 43
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 93,248
<SHARES-COMMON-STOCK> 10
<SHARES-COMMON-PRIOR> 3
<ACCUMULATED-NII-CURRENT> 104
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (166)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1,557)
<NET-ASSETS> 91,629
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,251
<OTHER-INCOME> 0
<EXPENSES-NET> (151)
<NET-INVESTMENT-INCOME> 2,100
<REALIZED-GAINS-CURRENT> 94
<APPREC-INCREASE-CURRENT> (2,107)
<NET-CHANGE-FROM-OPS> 87
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9
<NUMBER-OF-SHARES-REDEEMED> (2)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 35,233
<ACCUMULATED-NII-PRIOR> 75
<ACCUMULATED-GAINS-PRIOR> (260)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 245
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 390
<AVERAGE-NET-ASSETS> 151
<PER-SHARE-NAV-BEGIN> 20.04
<PER-SHARE-NII> .46
<PER-SHARE-GAIN-APPREC> (.38)
<PER-SHARE-DIVIDEND> (.46)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.66
<EXPENSE-RATIO> .75
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 141
<NAME> U.S. TREASURY INDEX PORTFOLIO - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 16,941
<INVESTMENTS-AT-VALUE> 16,848
<RECEIVABLES> 2,654
<ASSETS-OTHER> 25
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 19,527
<PAYABLE-FOR-SECURITIES> 2,610
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 29
<TOTAL-LIABILITIES> 2,639
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17,969
<SHARES-COMMON-STOCK> 823
<SHARES-COMMON-PRIOR> 851
<ACCUMULATED-NII-CURRENT> 20
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,008)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (93)
<NET-ASSETS> 16,888
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 539
<OTHER-INCOME> 0
<EXPENSES-NET> (23)
<NET-INVESTMENT-INCOME> 516
<REALIZED-GAINS-CURRENT> 82
<APPREC-INCREASE-CURRENT> (889)
<NET-CHANGE-FROM-OPS> (291)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (508)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 117
<NUMBER-OF-SHARES-REDEEMED> (163)
<SHARES-REINVESTED> 18
<NET-CHANGE-IN-ASSETS> (19,345)
<ACCUMULATED-NII-PRIOR> 21
<ACCUMULATED-GAINS-PRIOR> (1,090)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 35
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 92
<AVERAGE-NET-ASSETS> 17,230
<PER-SHARE-NAV-BEGIN> 20.78
<PER-SHARE-NII> .62
<PER-SHARE-GAIN-APPREC> (.97)
<PER-SHARE-DIVIDEND> (.61)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.82
<EXPENSE-RATIO> .26
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALFIED IN ITS
ENTIRETY BY REFEENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 144
<NAME> U.S. TREASURY INDEX PORTFOLIO - CLASS D
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 16,941
<INVESTMENTS-AT-VALUE> 16,848
<RECEIVABLES> 2,654
<ASSETS-OTHER> 25
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 19,527
<PAYABLE-FOR-SECURITIES> 2,610
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 29
<TOTAL-LIABILITIES> 2,639
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17,969
<SHARES-COMMON-STOCK> 29
<SHARES-COMMON-PRIOR> 14
<ACCUMULATED-NII-CURRENT> 20
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,008)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (93)
<NET-ASSETS> 16,888
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 539
<OTHER-INCOME> 0
<EXPENSES-NET> (23)
<NET-INVESTMENT-INCOME> 516
<REALIZED-GAINS-CURRENT> 82
<APPREC-INCREASE-CURRENT> (889)
<NET-CHANGE-FROM-OPS> (291)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (9)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 17
<NUMBER-OF-SHARES-REDEEMED> (2)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (19,345)
<ACCUMULATED-NII-PRIOR> 21
<ACCUMULATED-GAINS-PRIOR> (1,090)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 35
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 92
<AVERAGE-NET-ASSETS> 311
<PER-SHARE-NAV-BEGIN> 20.75
<PER-SHARE-NII> .59
<PER-SHARE-GAIN-APPREC> (.97)
<PER-SHARE-DIVIDEND> (.57)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.80
<EXPENSE-RATIO> .65
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 151
<NAME> BALANCED PORTFOLIO - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 40,837
<INVESTMENTS-AT-VALUE> 45,752
<RECEIVABLES> 311
<ASSETS-OTHER> 112
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 46,175
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 86
<TOTAL-LIABILITIES> 86
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 40,892
<SHARES-COMMON-STOCK> 3,609
<SHARES-COMMON-PRIOR> 3,519
<ACCUMULATED-NII-CURRENT> 55
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 238
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4,904
<NET-ASSETS> 46,089
<DIVIDEND-INCOME> 205
<INTEREST-INCOME> 592
<OTHER-INCOME> 0
<EXPENSES-NET> (139)
<NET-INVESTMENT-INCOME> 658
<REALIZED-GAINS-CURRENT> 817
<APPREC-INCREASE-CURRENT> 550
<NET-CHANGE-FROM-OPS> 2,025
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (599)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 412
<NUMBER-OF-SHARES-REDEEMED> (363)
<SHARES-REINVESTED> 41
<NET-CHANGE-IN-ASSETS> 7,192
<ACCUMULATED-NII-PRIOR> 48
<ACCUMULATED-GAINS-PRIOR> (579)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 176
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 273
<AVERAGE-NET-ASSETS> 39,965
<PER-SHARE-NAV-BEGIN> 11.05
<PER-SHARE-NII> .17
<PER-SHARE-GAIN-APPREC> .36
<PER-SHARE-DIVIDEND> (.17)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.41
<EXPENSE-RATIO> .61
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 153
<NAME> BALANCED PORTFOLIO - CLASS C
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-31-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 40,837
<INVESTMENTS-AT-VALUE> 45,752
<RECEIVABLES> 311
<ASSETS-OTHER> 112
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 46,175
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 86
<TOTAL-LIABILITIES> 86
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 40,892
<SHARES-COMMON-STOCK> 431
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 55
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 238
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4,904
<NET-ASSETS> 46,089
<DIVIDEND-INCOME> 205
<INTEREST-INCOME> 592
<OTHER-INCOME> 0
<EXPENSES-NET> (139)
<NET-INVESTMENT-INCOME> 658
<REALIZED-GAINS-CURRENT> 817
<APPREC-INCREASE-CURRENT> 550
<NET-CHANGE-FROM-OPS> 2,025
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (52)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 452
<NUMBER-OF-SHARES-REDEEMED> (25)
<SHARES-REINVESTED> 4
<NET-CHANGE-IN-ASSETS> 7,192
<ACCUMULATED-NII-PRIOR> 48
<ACCUMULATED-GAINS-PRIOR> (579)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 176
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 273
<AVERAGE-NET-ASSETS> 2,664
<PER-SHARE-NAV-BEGIN> 11.12
<PER-SHARE-NII> .13
<PER-SHARE-GAIN-APPREC> .27
<PER-SHARE-DIVIDEND> (.12)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.40
<EXPENSE-RATIO> .85
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 154
<NAME> BALANCED PORTFOLIO - CLASS D
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 40,837
<INVESTMENTS-AT-VALUE> 45,752
<RECEIVABLES> 311
<ASSETS-OTHER> 112
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 46,175
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 86
<TOTAL-LIABILITIES> 86
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 40,892
<SHARES-COMMON-STOCK> 1
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 55
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 238
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4,904
<NET-ASSETS> 46,089
<DIVIDEND-INCOME> 205
<INTEREST-INCOME> 592
<OTHER-INCOME> 0
<EXPENSES-NET> (139)
<NET-INVESTMENT-INCOME> 658
<REALIZED-GAINS-CURRENT> 817
<APPREC-INCREASE-CURRENT> 550
<NET-CHANGE-FROM-OPS> 2,025
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 7,192
<ACCUMULATED-NII-PRIOR> 48
<ACCUMULATED-GAINS-PRIOR> (579)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 176
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 273
<AVERAGE-NET-ASSETS> 11
<PER-SHARE-NAV-BEGIN> 11.34
<PER-SHARE-NII> .08
<PER-SHARE-GAIN-APPREC> .11
<PER-SHARE-DIVIDEND> (.12)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.41
<EXPENSE-RATIO> 1.00
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 161
<NAME> INTERNATIONAL BOND PORTFOLIO - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> MAY-31-1996
<INVESTMENTS-AT-COST> 29,552
<INVESTMENTS-AT-VALUE> 30,647
<RECEIVABLES> 793
<ASSETS-OTHER> 240
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 31,680
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 34
<TOTAL-LIABILITIES> 34
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 30,095
<SHARES-COMMON-STOCK> 1,503
<SHARES-COMMON-PRIOR> 1,503
<ACCUMULATED-NII-CURRENT> (207)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 671
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,087
<NET-ASSETS> 31,646
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,105
<OTHER-INCOME> 0
<EXPENSES-NET> (154)
<NET-INVESTMENT-INCOME> 951
<REALIZED-GAINS-CURRENT> 714
<APPREC-INCREASE-CURRENT> (1,490)
<NET-CHANGE-FROM-OPS> 175
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,194)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 130
<NUMBER-OF-SHARES-REDEEMED> (173)
<SHARES-REINVESTED> 43
<NET-CHANGE-IN-ASSETS> (1,036)
<ACCUMULATED-NII-PRIOR> 36
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<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
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<NUMBER> 164
<NAME> INTERNATIONAL BOND PORTFOLIO - CLASS D
<S> <C>
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<TABLE> <S> <C>
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<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
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<NAME> INTERNATIONAL GROWTH PORTFOLIO - CLASS A
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<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
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<NAME> INTERNATIONAL GROWTH PORTFOLIO - CLASS D
<S> <C>
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