[ARTICLE] 6
[LEGEND]
[RESTATED]
[CIK] 0000751173
[NAME] EXETER FUND, INC.
[SERIES]
[NAME] TAX MANAGED SERIES
[NUMBER] 8
[MULTIPLIER] 1
[CURRENCY] 1
[FISCAL-YEAR-END] OCT-31-2000
[PERIOD-START] NOV-01-1999
[PERIOD-END] APR-30-2000
[PERIOD-TYPE] 6-MOS
[EXCHANGE-RATE] 1
[INVESTMENTS-AT-COST] 1183769
[INVESTMENTS-AT-VALUE] 1641838
[RECEIVABLES] 12737
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 1654575
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 25241
[TOTAL-LIABILITIES] 25241
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 1141988
[SHARES-COMMON-STOCK] 75406
[SHARES-COMMON-PRIOR] 61347
[ACCUMULATED-NII-CURRENT] 4203
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 25074
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 458069
[NET-ASSETS] 1629334
[DIVIDEND-INCOME] 10772
[INTEREST-INCOME] 1432
[OTHER-INCOME] 0
[EXPENSES-NET] 7996
[NET-INVESTMENT-INCOME] 4208
[REALIZED-GAINS-CURRENT] 34099
[APPREC-INCREASE-CURRENT] 240985
[NET-CHANGE-FROM-OPS] 279292
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 5251
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 14354
[NUMBER-OF-SHARES-REDEEMED] 564
[SHARES-REINVESTED] 269
[NET-CHANGE-IN-ASSETS] 560388
[ACCUMULATED-NII-PRIOR] 5246
[ACCUMULATED-GAINS-PRIOR] (9025)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 6666
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 23070
[AVERAGE-NET-ASSETS] 1344161
[PER-SHARE-NAV-BEGIN] 17.42
[PER-SHARE-NII] 0.05
[PER-SHARE-GAIN-APPREC] 4.23
[PER-SHARE-DIVIDEND] 0.08
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 21.62
[EXPENSE-RATIO] 1.20
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0