<PAGE> PAGE 1
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007 C020200 GOVERNMENT PORTFOLIO
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007 C010300 3
007 C020300 GOVERNMENT SELECT PORTFOLIO
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007 C010400 4
007 C020400 TAX-EXEMPT PORTFOLIO
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007 C010600 6
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007 C010900 9
007 C020900 SMALL COMPANY INDEX PORTFOLIO
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007 C011000 10
007 C021000 BOND PORTFOILIO
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<PAGE> PAGE 2
007 C021100 SHORT DURATION PORTFOLIO
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007 C011200 12
007 C021200 SHORT-INTERMEDIATE BOND PORTFOLIO
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007 C011300 13
007 C021300 U.S. GOVERNMENT SECURITIES PORTFOLIO
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007 C011400 14
007 C021400 U.S. TREASURY INDEX PORTFOLIO
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007 C021500 BALANCED PORTFOLIO
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<PAGE> PAGE 3
012 A00AA03 WESTPORT BANK & TRUST CO.
012 B00AA03 85-0
012 C01AA03 WESTPORT
012 C02AA03 CT
012 C03AA03 06881
012 A00AA04 CITY BANK & TRUST CO., N.A.
012 B00AA04 85-0
012 C01AA04 JACKSON
012 C02AA04 MI
012 C03AA04 49201
012 A00AA05 HAZELHURST & ASSOCIATES
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012 C02AA07 CA
012 C03AA07 92138
012 A00AA08 MARQUETTE TRUST
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012 C02AA08 MN
012 C03AA08 55480
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015 E03AA01 X
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015 B00AA02 S
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015 D01AA02 ARGENTINA
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<PAGE> PAGE 4
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015 D01AA03 AUSTRALIA
015 E04AA03 X
015 A00AA04 CREDITANSTALT BANKVEREIN VIENNA
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015 D01AA04 AUSTRIA
015 E04AA04 X
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015 D01AA05 BELGIUM
015 E04AA05 X
015 A00AA06 FIRST NATIONAL BANK OF BOSTON
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015 C01AA06 SAO PAULO
015 D01AA06 BRAZIL
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015 A00AA07 THE ROYAL BANK
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015 C01AA07 TORONTO
015 D01AA07 CANADA
015 E04AA07 X
015 A00AA08 CITIBANK, N.A.
015 B00AA08 S
015 C01AA08 SANTIAGO
015 D01AA08 CHILE
015 E04AA08 X
015 A00AA09 CITIBANK, N.A.
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<PAGE> PAGE 5
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015 D01AA14 GERMANY
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015 A00AA15 BARCLAYS BANK
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015 A00AA16 HONG KONG AND SHANGHAI BANKING
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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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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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<PAGE> PAGE 31
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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<PAGE> PAGE 35
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<PAGE> PAGE 37
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<PAGE> PAGE 38
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<PAGE> PAGE 39
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<PAGE> PAGE 40
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<PAGE> PAGE 41
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<PAGE> PAGE 42
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<PAGE> PAGE 43
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<PAGE> PAGE 44
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<PAGE> PAGE 45
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<PAGE> PAGE 46
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<PAGE> PAGE 47
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<PAGE> PAGE 48
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<PAGE> PAGE 49
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<PAGE> PAGE 50
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<PAGE> PAGE 51
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<PAGE> PAGE 52
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<PAGE> PAGE 53
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<PAGE> PAGE 54
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<PAGE> PAGE 55
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<PAGE> PAGE 56
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<PAGE> PAGE 57
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<PAGE> PAGE 58
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<PAGE> PAGE 59
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<PAGE> PAGE 60
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<PAGE> PAGE 61
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<PAGE> PAGE 62
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<PAGE> PAGE 63
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<PAGE> PAGE 64
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<PAGE> PAGE 65
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<PAGE> PAGE 66
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<PAGE> PAGE 67
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<PAGE> PAGE 68
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<PAGE> PAGE 69
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<PAGE> PAGE 70
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<PAGE> PAGE 71
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<PAGE> PAGE 72
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<PAGE> PAGE 73
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<PAGE> PAGE 74
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<PAGE> PAGE 75
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<PAGE> PAGE 76
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<PAGE> PAGE 77
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<PAGE> PAGE 78
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<PAGE> PAGE 79
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<PAGE> PAGE 80
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<PAGE> PAGE 81
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<PAGE> PAGE 82
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<PAGE> PAGE 83
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SIGNATURE DEBORAH A. FARRELL
TITLE ADMIN. ASSISTANT
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 1
<NAME> DIVERSIFIED ASSETS PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 3,668,555
<INVESTMENTS-AT-VALUE> 3,668,555
<RECEIVABLES> 200,591
<ASSETS-OTHER> 40
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3,869,186
<PAYABLE-FOR-SECURITIES> 0
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<OTHER-ITEMS-LIABILITIES> 301,819
<TOTAL-LIABILITIES> 301,819
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3,568,919
<SHARES-COMMON-STOCK> 3,568,919
<SHARES-COMMON-PRIOR> 3,181,103
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<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,552)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 3,567,367
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 95,968
<OTHER-INCOME> 0
<EXPENSES-NET> (6,011)
<NET-INVESTMENT-INCOME> 89,957
<REALIZED-GAINS-CURRENT> 22
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 89,979
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 89,957
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 25,454,165
<NUMBER-OF-SHARES-REDEEMED> (25,066,827)
<SHARES-REINVESTED> 478
<NET-CHANGE-IN-ASSETS> 387,838
<ACCUMULATED-NII-PRIOR> 0
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<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .03
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.03)
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<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, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 2
<NAME> GOVERNMENT PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 1,148,390
<INVESTMENTS-AT-VALUE> 1,148,390
<RECEIVABLES> 49,192
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<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,197,603
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<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 82,230
<TOTAL-LIABILITIES> 82,230
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<SHARES-COMMON-STOCK> 1,115,679
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<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (306)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 1,115,373
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<EXPENSES-NET> (2,519)
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<NUMBER-OF-SHARES-SOLD> 8,566,047
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 3
<NAME> GOVERNMENT SELECT PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
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<GROSS-EXPENSE> 1,712
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<PER-SHARE-DIVIDEND> (.03)
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<PER-SHARE-NAV-END> 1.00
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BENCHMARK
FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 4
<NAME> TAX-EXEMPT PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 689,786
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<ACCUMULATED-NET-GAINS> 168
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<GROSS-EXPENSE> 1,450
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<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .02
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<AVG-DEBT-PER-SHARE> 0
</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
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 6
<NAME> DIVERSIFIED GROWTH PORTFOLIO - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 94,205
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<TOTAL-LIABILITIES> 93
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<OVERDISTRIBUTION-GAINS> 0
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<NET-INVESTMENT-INCOME> 549
<REALIZED-GAINS-CURRENT> 4,727
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 6
<NAME> DIVERSIFIED GROWTH PORTFOLIO - CLASS D
<S> <C>
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<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
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</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
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 7
<NAME> EQUITY INDEX PORTFOLIO - CLASS A
<S> <C>
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<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-31-1996
<PERIOD-END> MAY-31-1997
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<OVERDISTRIBUTION-GAINS> 0
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<PER-SHARE-NII> .15
<PER-SHARE-GAIN-APPREC> 1.90
<PER-SHARE-DIVIDEND> (.15)
<PER-SHARE-DISTRIBUTIONS> (.83)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.86
<EXPENSE-RATIO> .22
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</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
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 7
<NAME> EQUITY INDEX PORTFOLIO - CLASS C
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 589,870
<INVESTMENTS-AT-VALUE> 857,884
<RECEIVABLES> 2,206
<ASSETS-OTHER> 153
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 860,243
<PAYABLE-FOR-SECURITIES> 18
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 29,375
<TOTAL-LIABILITIES> 29,393
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 546,525
<SHARES-COMMON-STOCK> 3,633
<SHARES-COMMON-PRIOR> 3,213
<ACCUMULATED-NII-CURRENT> 400
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 15,131
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 268,794
<NET-ASSETS> 830,850
<DIVIDEND-INCOME> 7,376
<INTEREST-INCOME> 546
<OTHER-INCOME> 0
<EXPENSES-NET> (939)
<NET-INVESTMENT-INCOME> 6,983
<REALIZED-GAINS-CURRENT> 18,566
<APPREC-INCREASE-CURRENT> 72,963
<NET-CHANGE-FROM-OPS> 98,512
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (505)
<DISTRIBUTIONS-OF-GAINS> (2,679)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 12,037
<NUMBER-OF-SHARES-REDEEMED> (8,311)
<SHARES-REINVESTED> 3,184
<NET-CHANGE-IN-ASSETS> 93,112
<ACCUMULATED-NII-PRIOR> 468
<ACCUMULATED-GAINS-PRIOR> 32,457
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,162
<INTEREST-EXPENSE> 29
<GROSS-EXPENSE> 1,910
<AVERAGE-NET-ASSETS> 57,721
<PER-SHARE-NAV-BEGIN> 16.79
<PER-SHARE-NII> .13
<PER-SHARE-GAIN-APPREC> 1.91
<PER-SHARE-DIVIDEND> (.15)
<PER-SHARE-DISTRIBUTIONS> (.83)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.85
<EXPENSE-RATIO> .46
<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, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 7
<NAME> EQUITY INDEX PORTFOLIO - CLASS D
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 589,870
<INVESTMENTS-AT-VALUE> 857,884
<RECEIVABLES> 2,206
<ASSETS-OTHER> 153
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 860,243
<PAYABLE-FOR-SECURITIES> 18
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 29,375
<TOTAL-LIABILITIES> 29,393
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 546,525
<SHARES-COMMON-STOCK> 1,062
<SHARES-COMMON-PRIOR> 477
<ACCUMULATED-NII-CURRENT> 400
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 15,131
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 268,794
<NET-ASSETS> 830,850
<DIVIDEND-INCOME> 7,376
<INTEREST-INCOME> 546
<OTHER-INCOME> 0
<EXPENSES-NET> (939)
<NET-INVESTMENT-INCOME> 6,983
<REALIZED-GAINS-CURRENT> 18,566
<APPREC-INCREASE-CURRENT> 72,963
<NET-CHANGE-FROM-OPS> 98,512
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (119)
<DISTRIBUTIONS-OF-GAINS> (399)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 10,382
<NUMBER-OF-SHARES-REDEEMED> (1,474)
<SHARES-REINVESTED> 420
<NET-CHANGE-IN-ASSETS> 93,112
<ACCUMULATED-NII-PRIOR> 468
<ACCUMULATED-GAINS-PRIOR> 32,457
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,162
<INTEREST-EXPENSE> 29
<GROSS-EXPENSE> 1,910
<AVERAGE-NET-ASSETS> 14,638
<PER-SHARE-NAV-BEGIN> 16.77
<PER-SHARE-NII> .14
<PER-SHARE-GAIN-APPREC> 1.88
<PER-SHARE-DIVIDEND> (.14)
<PER-SHARE-DISTRIBUTIONS> (.83)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.82
<EXPENSE-RATIO> .61
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</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
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 8
<NAME> FOCUSED GROWTH PORTFOLIO - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 99,189
<INVESTMENTS-AT-VALUE> 121,770
<RECEIVABLES> 375
<ASSETS-OTHER> 170
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 122,315
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 106
<TOTAL-LIABILITIES> 106
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 91,713
<SHARES-COMMON-STOCK> 8,046
<SHARES-COMMON-PRIOR> 7,337
<ACCUMULATED-NII-CURRENT> 89
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 7,826
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 22,581
<NET-ASSETS> 122,209
<DIVIDEND-INCOME> 603
<INTEREST-INCOME> 23
<OTHER-INCOME> 0
<EXPENSES-NET> (514)
<NET-INVESTMENT-INCOME> 112
<REALIZED-GAINS-CURRENT> 9,208
<APPREC-INCREASE-CURRENT> 2,815
<NET-CHANGE-FROM-OPS> 12,135
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (130)
<DISTRIBUTIONS-OF-GAINS> (12,040)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9,868
<NUMBER-OF-SHARES-REDEEMED> (12,405)
<SHARES-REINVESTED> 11,306
<NET-CHANGE-IN-ASSETS> 8,310
<ACCUMULATED-NII-PRIOR> 111
<ACCUMULATED-GAINS-PRIOR> 11,548
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 608
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 785
<AVERAGE-NET-ASSETS> 103,160
<PER-SHARE-NAV-BEGIN> 14.48
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> 1.40
<PER-SHARE-DIVIDEND> (.02)
<PER-SHARE-DISTRIBUTIONS> (1.68)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.19
<EXPENSE-RATIO> .92
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</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 BENCHMARK
FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 8
<NAME> FOCUSED GROWTH PORTFOLIO - CLASS C
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 99,189
<INVESTMENTS-AT-VALUE> 121,770
<RECEIVABLES> 375
<ASSETS-OTHER> 170
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 122,315
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 106
<TOTAL-LIABILITIES> 106
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 91,713
<SHARES-COMMON-STOCK> 518
<SHARES-COMMON-PRIOR> 483
<ACCUMULATED-NII-CURRENT> 89
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 7,826
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 22,581
<NET-ASSETS> 122,209
<DIVIDEND-INCOME> 603
<INTEREST-INCOME> 23
<OTHER-INCOME> 0
<EXPENSES-NET> (514)
<NET-INVESTMENT-INCOME> 112
<REALIZED-GAINS-CURRENT> 9,208
<APPREC-INCREASE-CURRENT> 2,815
<NET-CHANGE-FROM-OPS> 12,135
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4)
<DISTRIBUTIONS-OF-GAINS> (811)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 110
<NUMBER-OF-SHARES-REDEEMED> (523)
<SHARES-REINVESTED> 814
<NET-CHANGE-IN-ASSETS> 8,310
<ACCUMULATED-NII-PRIOR> 111
<ACCUMULATED-GAINS-PRIOR> 11,548
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 608
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 785
<AVERAGE-NET-ASSETS> 6,913
<PER-SHARE-NAV-BEGIN> 14.47
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 1.39
<PER-SHARE-DIVIDEND> (.01)
<PER-SHARE-DISTRIBUTIONS> (1.68)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.17
<EXPENSE-RATIO> 1.16
<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, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 8
<NAME> FOCUSED GROWTH PORTFOLIO - CLASS D
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 99,189
<INVESTMENTS-AT-VALUE> 121,770
<RECEIVABLES> 375
<ASSETS-OTHER> 170
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 122,315
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 106
<TOTAL-LIABILITIES> 106
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 91,713
<SHARES-COMMON-STOCK> 52
<SHARES-COMMON-PRIOR> 46
<ACCUMULATED-NII-CURRENT> 89
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 7,826
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 22,581
<NET-ASSETS> 122,209
<DIVIDEND-INCOME> 603
<INTEREST-INCOME> 23
<OTHER-INCOME> 0
<EXPENSES-NET> (514)
<NET-INVESTMENT-INCOME> 112
<REALIZED-GAINS-CURRENT> 9,208
<APPREC-INCREASE-CURRENT> 2,815
<NET-CHANGE-FROM-OPS> 12,135
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (79)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 84
<NUMBER-OF-SHARES-REDEEMED> (94)
<SHARES-REINVESTED> 79
<NET-CHANGE-IN-ASSETS> 8,310
<ACCUMULATED-NII-PRIOR> 111
<ACCUMULATED-GAINS-PRIOR> 11,548
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 608
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 785
<AVERAGE-NET-ASSETS> 708
<PER-SHARE-NAV-BEGIN> 14.37
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 1.37
<PER-SHARE-DIVIDEND> (.01)
<PER-SHARE-DISTRIBUTIONS> (1.68)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.05
<EXPENSE-RATIO> 1.31
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</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
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 9
<NAME> SMALL COMPANY INDEX PORTFOLIO - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 103,139
<INVESTMENTS-AT-VALUE> 123,351
<RECEIVABLES> 174
<ASSETS-OTHER> 29
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 123,554
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 43
<TOTAL-LIABILITIES> 43
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 102,052
<SHARES-COMMON-STOCK> 9,306
<SHARES-COMMON-PRIOR> 8,081
<ACCUMULATED-NII-CURRENT> 574
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 517
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 20,368
<NET-ASSETS> 123,511
<DIVIDEND-INCOME> 855
<INTEREST-INCOME> 104
<OTHER-INCOME> 0
<EXPENSES-NET> (179)
<NET-INVESTMENT-INCOME> 780
<REALIZED-GAINS-CURRENT> 1,185
<APPREC-INCREASE-CURRENT> 7,536
<NET-CHANGE-FROM-OPS> 9,501
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,364)
<DISTRIBUTIONS-OF-GAINS> (13,019)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 11,276
<NUMBER-OF-SHARES-REDEEMED> (9,431)
<SHARES-REINVESTED> 13,462
<NET-CHANGE-IN-ASSETS> 10,386
<ACCUMULATED-NII-PRIOR> 1,159
<ACCUMULATED-GAINS-PRIOR> 12,364
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 230
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 423
<AVERAGE-NET-ASSETS> 115,165
<PER-SHARE-NAV-BEGIN> 13.97
<PER-SHARE-NII> .09
<PER-SHARE-GAIN-APPREC> .94
<PER-SHARE-DIVIDEND> (.17)
<PER-SHARE-DISTRIBUTIONS> (1.59)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.24
<EXPENSE-RATIO> .31
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHUEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 9
<NAME> SMALL COMPANY INDEX PORTFOLIO - CLASS D
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 103,139
<INVESTMENTS-AT-VALUE> 123,351
<RECEIVABLES> 174
<ASSETS-OTHER> 29
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 123,554
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 43
<TOTAL-LIABILITIES> 43
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 102,052
<SHARES-COMMON-STOCK> 19
<SHARES-COMMON-PRIOR> 19
<ACCUMULATED-NII-CURRENT> 574
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 517
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 20,368
<NET-ASSETS> 123,511
<DIVIDEND-INCOME> 855
<INTEREST-INCOME> 104
<OTHER-INCOME> 0
<EXPENSES-NET> (179)
<NET-INVESTMENT-INCOME> 780
<REALIZED-GAINS-CURRENT> 1,185
<APPREC-INCREASE-CURRENT> 7,536
<NET-CHANGE-FROM-OPS> 9,501
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1)
<DISTRIBUTIONS-OF-GAINS> (13)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 162
<NUMBER-OF-SHARES-REDEEMED> (201)
<SHARES-REINVESTED> 14
<NET-CHANGE-IN-ASSETS> 10,386
<ACCUMULATED-NII-PRIOR> 1,159
<ACCUMULATED-GAINS-PRIOR> 12,364
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 230
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 423
<AVERAGE-NET-ASSETS> 216
<PER-SHARE-NAV-BEGIN> 13.96
<PER-SHARE-NII> .14
<PER-SHARE-GAIN-APPREC> .88
<PER-SHARE-DIVIDEND> (.15)
<PER-SHARE-DISTRIBUTIONS> (1.59)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.24
<EXPENSE-RATIO> .70
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</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
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 10
<NAME> BOND PORTFOLIO - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 469,673
<INVESTMENTS-AT-VALUE> 471,035
<RECEIVABLES> 6,542
<ASSETS-OTHER> 1,109
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 478,686
<PAYABLE-FOR-SECURITIES> 9,997
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,000
<TOTAL-LIABILITIES> 12,997
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 463,078
<SHARES-COMMON-STOCK> 20,069
<SHARES-COMMON-PRIOR> 17,661
<ACCUMULATED-NII-CURRENT> 318
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 931
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,362
<NET-ASSETS> 465,689
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 13,260
<OTHER-INCOME> 0
<EXPENSES-NET> (739)
<NET-INVESTMENT-INCOME> 12,521
<REALIZED-GAINS-CURRENT> 3,370
<APPREC-INCREASE-CURRENT> (8,873)
<NET-CHANGE-FROM-OPS> 7,018
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (11,517)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 86,524
<NUMBER-OF-SHARES-REDEEMED> (48,338)
<SHARES-REINVESTED> 10,439
<NET-CHANGE-IN-ASSETS> 91,277
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (2,439)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,184
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,599
<AVERAGE-NET-ASSETS> 373,295
<PER-SHARE-NAV-BEGIN> 20.77
<PER-SHARE-NII> .64
<PER-SHARE-GAIN-APPREC> (.36)
<PER-SHARE-DIVIDEND> (.63)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.42
<EXPENSE-RATIO> .36
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</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
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 10
<NAME> BOND PORTFOLIO - CLASS C
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 469,673
<INVESTMENTS-AT-VALUE> 471,035
<RECEIVABLES> 6,542
<ASSETS-OTHER> 1,109
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 478,686
<PAYABLE-FOR-SECURITIES> 9,997
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,000
<TOTAL-LIABILITIES> 12,997
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 463,078
<SHARES-COMMON-STOCK> 2,726
<SHARES-COMMON-PRIOR> 353
<ACCUMULATED-NII-CURRENT> 318
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 931
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,362
<NET-ASSETS> 465,689
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 13,260
<OTHER-INCOME> 0
<EXPENSES-NET> (739)
<NET-INVESTMENT-INCOME> 12,521
<REALIZED-GAINS-CURRENT> 3,370
<APPREC-INCREASE-CURRENT> (8,873)
<NET-CHANGE-FROM-OPS> 7,018
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (679)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 51,632
<NUMBER-OF-SHARES-REDEEMED> (4,432)
<SHARES-REINVESTED> 679
<NET-CHANGE-IN-ASSETS> 91,277
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (2,439)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,184
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,599
<AVERAGE-NET-ASSETS> 22,353
<PER-SHARE-NAV-BEGIN> 20.78
<PER-SHARE-NII> .59
<PER-SHARE-GAIN-APPREC> (.34)
<PER-SHARE-DIVIDEND> (.61)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.42
<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, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 10
<NAME> BOND PORTFOLIO - CLASS D
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 469,673
<INVESTMENTS-AT-VALUE> 471,035
<RECEIVABLES> 6,542
<ASSETS-OTHER> 1,109
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 478,686
<PAYABLE-FOR-SECURITIES> 9,997
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,000
<TOTAL-LIABILITIES> 12,997
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 463,078
<SHARES-COMMON-STOCK> 8
<SHARES-COMMON-PRIOR> 11
<ACCUMULATED-NII-CURRENT> 318
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 931
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,362
<NET-ASSETS> 465,689
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 13,260
<OTHER-INCOME> 0
<EXPENSES-NET> (739)
<NET-INVESTMENT-INCOME> 12,521
<REALIZED-GAINS-CURRENT> 3,370
<APPREC-INCREASE-CURRENT> (8,873)
<NET-CHANGE-FROM-OPS> 7,018
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (7)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 67
<NUMBER-OF-SHARES-REDEEMED> (124)
<SHARES-REINVESTED> 6
<NET-CHANGE-IN-ASSETS> 91,277
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (2,439)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,184
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,599
<AVERAGE-NET-ASSETS> 227
<PER-SHARE-NAV-BEGIN> 20.76
<PER-SHARE-NII> .63
<PER-SHARE-GAIN-APPREC> (.40)
<PER-SHARE-DIVIDEND> (.59)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.40
<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, 1997 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-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 46,248
<INVESTMENTS-AT-VALUE> 46,187
<RECEIVABLES> 26
<ASSETS-OTHER> 23
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 46,236
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,187
<TOTAL-LIABILITIES> 1,187
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 45,654
<SHARES-COMMON-STOCK> 4,515
<SHARES-COMMON-PRIOR> 4,187
<ACCUMULATED-NII-CURRENT> 35
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (579)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (61)
<NET-ASSETS> 45,049
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,355
<OTHER-INCOME> 0
<EXPENSES-NET> (61)
<NET-INVESTMENT-INCOME> 1,294
<REALIZED-GAINS-CURRENT> 3
<APPREC-INCREASE-CURRENT> (44)
<NET-CHANGE-FROM-OPS> 1,253
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,294)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 27,070
<NUMBER-OF-SHARES-REDEEMED> (25,062)
<SHARES-REINVESTED> 1,269
<NET-CHANGE-IN-ASSETS> 3,236
<ACCUMULATED-NII-PRIOR> 35
<ACCUMULATED-GAINS-PRIOR> (582)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 98
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 195
<AVERAGE-NET-ASSETS> 48,983
<PER-SHARE-NAV-BEGIN> 9.99
<PER-SHARE-NII> .26
<PER-SHARE-GAIN-APPREC> (.01)
<PER-SHARE-DIVIDEND> (.26)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.98
<EXPENSE-RATIO> .25
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</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
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 12
<NAME> SHORT-INTERMEDIATE BOND PORTFOLIO - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 161,679
<INVESTMENTS-AT-VALUE> 161,677
<RECEIVABLES> 1,850
<ASSETS-OTHER> 857
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 164,384
<PAYABLE-FOR-SECURITIES> 5,798
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 665
<TOTAL-LIABILITIES> 6463
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 157,909
<SHARES-COMMON-STOCK> 7,753
<SHARES-COMMON-PRIOR> 7,423
<ACCUMULATED-NII-CURRENT> 171
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (157)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (2)
<NET-ASSETS> 157,921
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5,276
<OTHER-INCOME> 0
<EXPENSES-NET> (272)
<NET-INVESTMENT-INCOME> 5,004
<REALIZED-GAINS-CURRENT> (392)
<APPREC-INCREASE-CURRENT> (2,169)
<NET-CHANGE-FROM-OPS> 2,443
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4,865)
<DISTRIBUTIONS-OF-GAINS> (414)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 41,577
<NUMBER-OF-SHARES-REDEEMED> (39,639)
<SHARES-REINVESTED> 4,692
<NET-CHANGE-IN-ASSETS> 3,903
<ACCUMULATED-NII-PRIOR> 45
<ACCUMULATED-GAINS-PRIOR> 650
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 453
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 655
<AVERAGE-NET-ASSETS> 150,933
<PER-SHARE-NAV-BEGIN> 20.70
<PER-SHARE-NII> .67
<PER-SHARE-GAIN-APPREC> (.36)
<PER-SHARE-DIVIDEND> (.65)
<PER-SHARE-DISTRIBUTIONS> (.05)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.31
<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, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 12
<NAME> SHORT-INTERMEDIATE BOND PORTFOLIO - CLASS D
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 161,679
<INVESTMENTS-AT-VALUE> 161,677
<RECEIVABLES> 1,850
<ASSETS-OTHER> 857
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 164,384
<PAYABLE-FOR-SECURITIES> 5,798
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 665
<TOTAL-LIABILITIES> 6463
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 157,909
<SHARES-COMMON-STOCK> 23
<SHARES-COMMON-PRIOR> 17
<ACCUMULATED-NII-CURRENT> 171
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (157)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (2)
<NET-ASSETS> 157,921
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5,276
<OTHER-INCOME> 0
<EXPENSES-NET> (272)
<NET-INVESTMENT-INCOME> 5,004
<REALIZED-GAINS-CURRENT> (392)
<APPREC-INCREASE-CURRENT> (2,169)
<NET-CHANGE-FROM-OPS> 2,443
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (13)
<DISTRIBUTIONS-OF-GAINS> (1)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 138
<NUMBER-OF-SHARES-REDEEMED> (24)
<SHARES-REINVESTED> 9
<NET-CHANGE-IN-ASSETS> 3,903
<ACCUMULATED-NII-PRIOR> 45
<ACCUMULATED-GAINS-PRIOR> 650
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 453
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 655
<AVERAGE-NET-ASSETS> 397
<PER-SHARE-NAV-BEGIN> 20.66
<PER-SHARE-NII> .63
<PER-SHARE-GAIN-APPREC> (.36)
<PER-SHARE-DIVIDEND> (.62)
<PER-SHARE-DISTRIBUTIONS> (.05)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.26
<EXPENSE-RATIO> .75
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</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
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 13
<NAME> U.S. GOVERNMENT SECURITIES PORTFOLIO - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 95,215
<INVESTMENTS-AT-VALUE> 94,894
<RECEIVABLES> 1,306
<ASSETS-OTHER> 321
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 96,521
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12,955
<TOTAL-LIABILITIES> 12,955
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 84,182
<SHARES-COMMON-STOCK> 4,008
<SHARES-COMMON-PRIOR> 4,602
<ACCUMULATED-NII-CURRENT> 122
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (417)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (321)
<NET-ASSETS> 83,566
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,677
<OTHER-INCOME> 0
<EXPENSES-NET> (161)
<NET-INVESTMENT-INCOME> 2,516
<REALIZED-GAINS-CURRENT> (110)
<APPREC-INCREASE-CURRENT> (670)
<NET-CHANGE-FROM-OPS> 1,736
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,365)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 39,434
<NUMBER-OF-SHARES-REDEEMED> (53,746)
<SHARES-REINVESTED> 2,232
<NET-CHANGE-IN-ASSETS> (12,545)
<ACCUMULATED-NII-PRIOR> 75
<ACCUMULATED-GAINS-PRIOR> (307)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 260
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 403
<AVERAGE-NET-ASSETS> 83,251
<PER-SHARE-NAV-BEGIN> 20.07
<PER-SHARE-NII> .58
<PER-SHARE-GAIN-APPREC> (.23)
<PER-SHARE-DIVIDEND> (.57)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.85
<EXPENSE-RATIO> .36
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</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
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 13
<NAME> U.S. GOVERNMENT SECURITIES PORTFOLIO - CLASS C
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 95,215
<INVESTMENTS-AT-VALUE> 94,894
<RECEIVABLES> 1,306
<ASSETS-OTHER> 321
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 96,521
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12,955
<TOTAL-LIABILITIES> 12,955
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 84,182
<SHARES-COMMON-STOCK> 186
<SHARES-COMMON-PRIOR> 176
<ACCUMULATED-NII-CURRENT> 122
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (417)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (321)
<NET-ASSETS> 83,566
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,677
<OTHER-INCOME> 0
<EXPENSES-NET> (161)
<NET-INVESTMENT-INCOME> 2,516
<REALIZED-GAINS-CURRENT> (110)
<APPREC-INCREASE-CURRENT> (670)
<NET-CHANGE-FROM-OPS> 1,736
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (97)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 806
<NUMBER-OF-SHARES-REDEEMED> (712)
<SHARES-REINVESTED> 97
<NET-CHANGE-IN-ASSETS> (12,545)
<ACCUMULATED-NII-PRIOR> 75
<ACCUMULATED-GAINS-PRIOR> (307)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 260
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 403
<AVERAGE-NET-ASSETS> 3,506
<PER-SHARE-NAV-BEGIN> 20.14
<PER-SHARE-NII> .55
<PER-SHARE-GAIN-APPREC> (.29)
<PER-SHARE-DIVIDEND> (.55)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.85
<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, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 13
<NAME> U.S. GOVERNMENT SECURITIES PORTFOLIO - CLASS D
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 95,215
<INVESTMENTS-AT-VALUE> 94,894
<RECEIVABLES> 1,306
<ASSETS-OTHER> 321
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 96,521
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12,955
<TOTAL-LIABILITIES> 12,955
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 84,182
<SHARES-COMMON-STOCK> 15
<SHARES-COMMON-PRIOR> 11
<ACCUMULATED-NII-CURRENT> 122
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (417)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (321)
<NET-ASSETS> 83,566
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,677
<OTHER-INCOME> 0
<EXPENSES-NET> (161)
<NET-INVESTMENT-INCOME> 2,516
<REALIZED-GAINS-CURRENT> (110)
<APPREC-INCREASE-CURRENT> (670)
<NET-CHANGE-FROM-OPS> 1,736
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (7)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 94
<NUMBER-OF-SHARES-REDEEMED> (20)
<SHARES-REINVESTED> 3
<NET-CHANGE-IN-ASSETS> (12,545)
<ACCUMULATED-NII-PRIOR> 75
<ACCUMULATED-GAINS-PRIOR> (307)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 260
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 403
<AVERAGE-NET-ASSETS> 262
<PER-SHARE-NAV-BEGIN> 20.03
<PER-SHARE-NII> .53
<PER-SHARE-GAIN-APPREC> (.22)
<PER-SHARE-DIVIDEND> (.53)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.81
<EXPENSE-RATIO> .75
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</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
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 14
<NAME> U.S. TREASURY INDEX PORTFOLIO - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 30,279
<INVESTMENTS-AT-VALUE> 30,151
<RECEIVABLES> 450
<ASSETS-OTHER> 13
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 30,614
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 18
<TOTAL-LIABILITIES> 18
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 31,677
<SHARES-COMMON-STOCK> 1,454
<SHARES-COMMON-PRIOR> 1,276
<ACCUMULATED-NII-CURRENT> 43
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (996)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (128)
<NET-ASSETS> 30,596
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 885
<OTHER-INCOME> 0
<EXPENSES-NET> (39)
<NET-INVESTMENT-INCOME> 846
<REALIZED-GAINS-CURRENT> 3
<APPREC-INCREASE-CURRENT> (685)
<NET-CHANGE-FROM-OPS> 164
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (798)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4407
<NUMBER-OF-SHARES-REDEEMED> (1513)
<SHARES-REINVESTED> 682
<NET-CHANGE-IN-ASSETS> 3,475
<ACCUMULATED-NII-PRIOR> 25
<ACCUMULATED-GAINS-PRIOR> (999)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 57
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 128
<AVERAGE-NET-ASSETS> 27,320
<PER-SHARE-NAV-BEGIN> 20.60
<PER-SHARE-NII> .59
<PER-SHARE-GAIN-APPREC> (.52)
<PER-SHARE-DIVIDEND> (.58)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.09
<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, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 14
<NAME> U.S. TREASURY INDEX PORTFOLIO - CLASS D
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 30,279
<INVESTMENTS-AT-VALUE> 30,151
<RECEIVABLES> 450
<ASSETS-OTHER> 13
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 30,614
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 18
<TOTAL-LIABILITIES> 18
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 31,677
<SHARES-COMMON-STOCK> 69
<SHARES-COMMON-PRIOR> 41
<ACCUMULATED-NII-CURRENT> 43
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (996)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (128)
<NET-ASSETS> 30,596
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 885
<OTHER-INCOME> 0
<EXPENSES-NET> (39)
<NET-INVESTMENT-INCOME> 846
<REALIZED-GAINS-CURRENT> 3
<APPREC-INCREASE-CURRENT> (685)
<NET-CHANGE-FROM-OPS> 164
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (30)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 839
<NUMBER-OF-SHARES-REDEEMED> (294)
<SHARES-REINVESTED> 18
<NET-CHANGE-IN-ASSETS> 3,475
<ACCUMULATED-NII-PRIOR> 25
<ACCUMULATED-GAINS-PRIOR> (999)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 57
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 128
<AVERAGE-NET-ASSETS> 1,080
<PER-SHARE-NAV-BEGIN> 20.57
<PER-SHARE-NII> .55
<PER-SHARE-GAIN-APPREC> (.52)
<PER-SHARE-DIVIDEND> (.55)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.05
<EXPENSE-RATIO> .65
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</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
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 15
<NAME> BALANCED PORTFOLIO - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 44,912
<INVESTMENTS-AT-VALUE> 54,271
<RECEIVABLES> 957
<ASSETS-OTHER> 160
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 55,388
<PAYABLE-FOR-SECURITIES> 579
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 103
<TOTAL-LIABILITIES> 682
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 44,889
<SHARES-COMMON-STOCK> 3,934
<SHARES-COMMON-PRIOR> 3,690
<ACCUMULATED-NII-CURRENT> 51
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 407
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 9,359
<NET-ASSETS> 54,706
<DIVIDEND-INCOME> 202
<INTEREST-INCOME> 731
<OTHER-INCOME> 0
<EXPENSES-NET> (166)
<NET-INVESTMENT-INCOME> 767
<REALIZED-GAINS-CURRENT> 442
<APPREC-INCREASE-CURRENT> 2,131
<NET-CHANGE-FROM-OPS> 3,340
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (682)
<DISTRIBUTIONS-OF-GAINS> (1,132)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,814
<NUMBER-OF-SHARES-REDEEMED> (3,655)
<SHARES-REINVESTED> 1,794
<NET-CHANGE-IN-ASSETS> 3,320
<ACCUMULATED-NII-PRIOR> 49
<ACCUMULATED-GAINS-PRIOR> 1,255
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 209
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 315
<AVERAGE-NET-ASSETS> 46,415
<PER-SHARE-NAV-BEGIN> 12.24
<PER-SHARE-NII> .18
<PER-SHARE-GAIN-APPREC> .60
<PER-SHARE-DIVIDEND> (.18)
<PER-SHARE-DISTRIBUTIONS> (.31)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.53
<EXPENSE-RATIO> .61
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</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
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 15
<NAME> BALANCED PORTFOLIO - CLASS C
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 44,912
<INVESTMENTS-AT-VALUE> 54,271
<RECEIVABLES> 957
<ASSETS-OTHER> 160
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 55,388
<PAYABLE-FOR-SECURITIES> 579
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 103
<TOTAL-LIABILITIES> 682
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 44,889
<SHARES-COMMON-STOCK> 409
<SHARES-COMMON-PRIOR> 490
<ACCUMULATED-NII-CURRENT> 51
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 407
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 9,359
<NET-ASSETS> 54,706
<DIVIDEND-INCOME> 202
<INTEREST-INCOME> 731
<OTHER-INCOME> 0
<EXPENSES-NET> (166)
<NET-INVESTMENT-INCOME> 767
<REALIZED-GAINS-CURRENT> 442
<APPREC-INCREASE-CURRENT> 2,131
<NET-CHANGE-FROM-OPS> 3,340
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (79)
<DISTRIBUTIONS-OF-GAINS> (152)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 761
<NUMBER-OF-SHARES-REDEEMED> (1,961)
<SHARES-REINVESTED> 231
<NET-CHANGE-IN-ASSETS> 3,320
<ACCUMULATED-NII-PRIOR> 49
<ACCUMULATED-GAINS-PRIOR> 1,255
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 209
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 315
<AVERAGE-NET-ASSETS> 5,626
<PER-SHARE-NAV-BEGIN> 12.24
<PER-SHARE-NII> .17
<PER-SHARE-GAIN-APPREC> .59
<PER-SHARE-DIVIDEND> (.17)
<PER-SHARE-DISTRIBUTIONS> (.31)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.52
<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, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 15
<NAME> BALANCED PORTFOLIO - CLASS D
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 44,912
<INVESTMENTS-AT-VALUE> 54,271
<RECEIVABLES> 957
<ASSETS-OTHER> 160
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 55,388
<PAYABLE-FOR-SECURITIES> 579
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 103
<TOTAL-LIABILITIES> 682
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 44,889
<SHARES-COMMON-STOCK> 23
<SHARES-COMMON-PRIOR> 19
<ACCUMULATED-NII-CURRENT> 51
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 407
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 9,359
<NET-ASSETS> 54,706
<DIVIDEND-INCOME> 202
<INTEREST-INCOME> 731
<OTHER-INCOME> 0
<EXPENSES-NET> (166)
<NET-INVESTMENT-INCOME> 767
<REALIZED-GAINS-CURRENT> 442
<APPREC-INCREASE-CURRENT> 2131
<NET-CHANGE-FROM-OPS> 3,340
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4)
<DISTRIBUTIONS-OF-GAINS> (6)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 138
<NUMBER-OF-SHARES-REDEEMED> (96)
<SHARES-REINVESTED> 9
<NET-CHANGE-IN-ASSETS> 3,320
<ACCUMULATED-NII-PRIOR> 49
<ACCUMULATED-GAINS-PRIOR> 1,255
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 209
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 315
<AVERAGE-NET-ASSETS> 254
<PER-SHARE-NAV-BEGIN> 12.23
<PER-SHARE-NII> .16
<PER-SHARE-GAIN-APPREC> .60
<PER-SHARE-DIVIDEND> (.17)
<PER-SHARE-DISTRIBUTIONS> (.31)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.51
<EXPENSE-RATIO> 1.00
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</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
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 16
<NAME> INTERNATIONAL BOND PORTFOLIO - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 27,610
<INVESTMENTS-AT-VALUE> 27,850
<RECEIVABLES> 624
<ASSETS-OTHER> 85
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 28,559
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 38
<TOTAL-LIABILITIES> 38
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 28,096
<SHARES-COMMON-STOCK> 1,401
<SHARES-COMMON-PRIOR> 1,543
<ACCUMULATED-NII-CURRENT> 320
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (159)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 264
<NET-ASSETS> 28,521
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 985
<OTHER-INCOME> 0
<EXPENSES-NET> (144)
<NET-INVESTMENT-INCOME> 841
<REALIZED-GAINS-CURRENT> (167)
<APPREC-INCREASE-CURRENT> (2,339)
<NET-CHANGE-FROM-OPS> (1,665)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (551)
<DISTRIBUTIONS-OF-GAINS> (520)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 748
<NUMBER-OF-SHARES-REDEEMED> (4,609)
<SHARES-REINVESTED> 874
<NET-CHANGE-IN-ASSETS> (5,714)
<ACCUMULATED-NII-PRIOR> 31
<ACCUMULATED-GAINS-PRIOR> 529
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 134
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 231
<AVERAGE-NET-ASSETS> 29,884
<PER-SHARE-NAV-BEGIN> 22.16
<PER-SHARE-NII> .60
<PER-SHARE-GAIN-APPREC> (1.71)
<PER-SHARE-DIVIDEND> (.39)
<PER-SHARE-DISTRIBUTIONS> (.34)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.32
<EXPENSE-RATIO> .96
<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, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 16
<NAME> INTERNATIONAL BOND PORTFOLIO - CLASS D
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 27,610
<INVESTMENTS-AT-VALUE> 27,850
<RECEIVABLES> 624
<ASSETS-OTHER> 85
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 28,559
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 38
<TOTAL-LIABILITIES> 38
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 28,096
<SHARES-COMMON-STOCK> 3
<SHARES-COMMON-PRIOR> 2
<ACCUMULATED-NII-CURRENT> 320
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (159)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 264
<NET-ASSETS> 28,521
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 985
<OTHER-INCOME> 0
<EXPENSES-NET> (144)
<NET-INVESTMENT-INCOME> 841
<REALIZED-GAINS-CURRENT> (167)
<APPREC-INCREASE-CURRENT> (2,339)
<NET-CHANGE-FROM-OPS> (1,665)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1)
<DISTRIBUTIONS-OF-GAINS> (1)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 2
<NET-CHANGE-IN-ASSETS> (5,714)
<ACCUMULATED-NII-PRIOR> 31
<ACCUMULATED-GAINS-PRIOR> 529
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 134
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 231
<AVERAGE-NET-ASSETS> 64
<PER-SHARE-NAV-BEGIN> 22.14
<PER-SHARE-NII> .47
<PER-SHARE-GAIN-APPREC> (1.61)
<PER-SHARE-DIVIDEND> (.38)
<PER-SHARE-DISTRIBUTIONS> (.34)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.28
<EXPENSE-RATIO> 1.35
<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, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 18
<NAME> INTERNATIONAL EQUITY INDEX PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> APR-01-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 13,947
<INVESTMENTS-AT-VALUE> 15,114
<RECEIVABLES> 36
<ASSETS-OTHER> 94
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 15,244
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 45
<TOTAL-LIABILITIES> 45
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 13,959
<SHARES-COMMON-STOCK> 1,381
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 71
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,167
<NET-ASSETS> 15,199
<DIVIDEND-INCOME> 70
<INTEREST-INCOME> 13
<OTHER-INCOME> 0
<EXPENSES-NET> (12)
<NET-INVESTMENT-INCOME> 71
<REALIZED-GAINS-CURRENT> 2
<APPREC-INCREASE-CURRENT> 1,167
<NET-CHANGE-FROM-OPS> 1,240
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 13,959
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 15,199
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 11
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 60
<AVERAGE-NET-ASSETS> 13,614
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> .96
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.01
<EXPENSE-RATIO> .51
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</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
BENCHMARK FUNDS SEMI-ANNUAL REPORT DATED MAY 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 17
<NAME> INTERNATIONAL GROWTH PORTFOLIO - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 111,812
<INVESTMENTS-AT-VALUE> 122,185
<RECEIVABLES> 4,072
<ASSETS-OTHER> 391
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 126,648
<PAYABLE-FOR-SECURITIES> 1,140
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 401
<TOTAL-LIABILITIES> 1541
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 117,406
<SHARES-COMMON-STOCK> 11,716
<SHARES-COMMON-PRIOR> 12,998
<ACCUMULATED-NII-CURRENT> 238
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,924)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 10,387
<NET-ASSETS> 125,107
<DIVIDEND-INCOME> 1,098
<INTEREST-INCOME> 128
<OTHER-INCOME> 0
<EXPENSES-NET> (686)
<NET-INVESTMENT-INCOME> 540
<REALIZED-GAINS-CURRENT> (164)
<APPREC-INCREASE-CURRENT> 6,149
<NET-CHANGE-FROM-OPS> 6,525
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,021)
<DISTRIBUTIONS-OF-GAINS> (5,790)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 8,676
<NUMBER-OF-SHARES-REDEEMED> (27,590)
<SHARES-REINVESTED> 5,984
<NET-CHANGE-IN-ASSETS> (13,169)
<ACCUMULATED-NII-PRIOR> 720
<ACCUMULATED-GAINS-PRIOR> 3,034
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 648
<INTEREST-EXPENSE> 1
<GROSS-EXPENSE> 912
<AVERAGE-NET-ASSETS> 129,781
<PER-SHARE-NAV-BEGIN> 10.63
<PER-SHARE-NII> (.04)
<PER-SHARE-GAIN-APPREC> (.53)
<PER-SHARE-DIVIDEND> (.08)
<PER-SHARE-DISTRIBUTIONS> (.45)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.67
<EXPENSE-RATIO> 1.06
<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, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 17
<NAME> INTERNATIONAL GROWTH PORTFOLIO - CLASS D
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 111,812
<INVESTMENTS-AT-VALUE> 122,185
<RECEIVABLES> 4,072
<ASSETS-OTHER> 391
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 126,648
<PAYABLE-FOR-SECURITIES> 1,140
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 401
<TOTAL-LIABILITIES> 1541
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 117,406
<SHARES-COMMON-STOCK> 14
<SHARES-COMMON-PRIOR> 9
<ACCUMULATED-NII-CURRENT> 238
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,924)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 10,387
<NET-ASSETS> 125,107
<DIVIDEND-INCOME> 1,098
<INTEREST-INCOME> 128
<OTHER-INCOME> 0
<EXPENSES-NET> (686)
<NET-INVESTMENT-INCOME> 540
<REALIZED-GAINS-CURRENT> (164)
<APPREC-INCREASE-CURRENT> 6,149
<NET-CHANGE-FROM-OPS> 6,525
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1)
<DISTRIBUTIONS-OF-GAINS> (4)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 48
<NUMBER-OF-SHARES-REDEEMED> (1)
<SHARES-REINVESTED> 5
<NET-CHANGE-IN-ASSETS> (13,169)
<ACCUMULATED-NII-PRIOR> 720
<ACCUMULATED-GAINS-PRIOR> 3,034
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 648
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 912
<AVERAGE-NET-ASSETS> 125
<PER-SHARE-NAV-BEGIN> 10.54
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> .49
<PER-SHARE-DIVIDEND> .08
<PER-SHARE-DISTRIBUTIONS> .45
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.55
<EXPENSE-RATIO> 1.45
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
