<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the Svli
21st Century Growth Semi-Annual Report for the year ended June 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> 091
<NAME> SVLI 21ST CENTURY GROWTH
<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> 20,222
<INVESTMENTS-AT-VALUE> 23,117
<RECEIVABLES> 216
<ASSETS-OTHER> 1,806
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 25,139
<PAYABLE-FOR-SECURITIES> 101
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 212
<TOTAL-LIABILITIES> 313
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 20,978
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> (129)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,081
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,895
<NET-ASSETS> 24,825
<DIVIDEND-INCOME> 4
<INTEREST-INCOME> 17
<OTHER-INCOME> 0
<EXPENSES-NET> 150
<NET-INVESTMENT-INCOME> (129)
<REALIZED-GAINS-CURRENT> 1,097
<APPREC-INCREASE-CURRENT> (1,540)
<NET-CHANGE-FROM-OPS> (572)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 9,388
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 206
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 88
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 157
<AVERAGE-NET-ASSETS> 1
<PER-SHARE-NAV-BEGIN> 10.51
<PER-SHARE-NII> (0.11)
<PER-SHARE-GAIN-APPREC> 0.41
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.12)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.69
<EXPENSE-RATIO> 1.75
</TABLE>
