<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
The schedule contains financial information extracted from the Scudder V.L.
Money Market 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> 001
<NAME> SCUDDER V.L. MONEY MARKET PORTFOLIO
<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> 112,169
<INVESTMENTS-AT-VALUE> 112,169
<RECEIVABLES> 326
<ASSETS-OTHER> 2
<OTHER-ITEMS-ASSETS> 1
<TOTAL-ASSETS> 112,498
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12,784
<TOTAL-LIABILITIES> 12,784
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 99,714
<SHARES-COMMON-STOCK> 99,696
<SHARES-COMMON-PRIOR> 178,961
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 99,714
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5,538
<OTHER-INCOME> 0
<EXPENSES-NET> 410
<NET-INVESTMENT-INCOME> 5,129
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 5,129
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (5,129)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 483,007
<NUMBER-OF-SHARES-REDEEMED> (567,072)
<SHARES-REINVESTED> 4,818
<NET-CHANGE-IN-ASSETS> (79,247)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 328
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 410
<AVERAGE-NET-ASSETS> 177,941
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.029
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> (0.029)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .46
</TABLE>
