<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the Scuddder
Variable Life Investment Fund--Growth and Income Portfolio Semi-Annual Report
for the fiscal year ended 6/30/2000 and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<CIK> 0000764797
<NAME> S.V.L. INVESTMENT FUND
<SERIES>
<NUMBER> 081
<NAME> S.V.L. INVESTMENT FUND-GROWTH AND INCOME PORT
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 173,358
<INVESTMENTS-AT-VALUE> 204,702
<RECEIVABLES> 935
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 119
<TOTAL-ASSETS> 205,756
<PAYABLE-FOR-SECURITIES> 2,095
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 280
<TOTAL-LIABILITIES> 2,375
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 173,195
<SHARES-COMMON-STOCK> 1,286
<SHARES-COMMON-PRIOR> 1,267
<ACCUMULATED-NII-CURRENT> 1,108
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,266)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 31,344
<NET-ASSETS> 203,382
<DIVIDEND-INCOME> 1,401
<INTEREST-INCOME> 277
<OTHER-INCOME> 0
<EXPENSES-NET> 555
<NET-INVESTMENT-INCOME> 1,122
<REALIZED-GAINS-CURRENT> 1,775
<APPREC-INCREASE-CURRENT> (1,053)
<NET-CHANGE-FROM-OPS> 1,844
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (162)
<DISTRIBUTIONS-OF-GAINS> (256)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 307
<NUMBER-OF-SHARES-REDEEMED> (327)
<SHARES-REINVESTED> 39
<NET-CHANGE-IN-ASSETS> (10,322)
<ACCUMULATED-NII-PRIOR> 2,764
<ACCUMULATED-GAINS-PRIOR> (325)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 474
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 563
<AVERAGE-NET-ASSETS> 12,925
<PER-SHARE-NAV-BEGIN> 10.93
<PER-SHARE-NII> 0.05
<PER-SHARE-GAIN-APPREC> 0.07
<PER-SHARE-DIVIDEND> (0.13)
<PER-SHARE-DISTRIBUTIONS> (0.21)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.71
<EXPENSE-RATIO> 0.79
</TABLE>
