<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the Scudder
Variable Life Investment Fund-Global Discovery Portfolio Semi-Annual Report
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> 005
<NAME> S.V.L. INVESTMENT FUND-GLOBAL DISCOVERY 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> 122,613
<INVESTMENTS-AT-VALUE> 139,004
<RECEIVABLES> 4,856
<ASSETS-OTHER> 21,581
<OTHER-ITEMS-ASSETS> 61
<TOTAL-ASSETS> 165,503
<PAYABLE-FOR-SECURITIES> 13,977
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 250
<TOTAL-LIABILITIES> 14,227
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 129,510
<SHARES-COMMON-STOCK> 11,075
<SHARES-COMMON-PRIOR> 5,348
<ACCUMULATED-NII-CURRENT> (267)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 5,653
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 16,380
<NET-ASSETS> 151,275
<DIVIDEND-INCOME> 269
<INTEREST-INCOME> 327
<OTHER-INCOME> 0
<EXPENSES-NET> 803
<NET-INVESTMENT-INCOME> (207)
<REALIZED-GAINS-CURRENT> 7,082
<APPREC-INCREASE-CURRENT> (8,253)
<NET-CHANGE-FROM-OPS> (1,378)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (986)
<DISTRIBUTIONS-OF-GAINS> (5,918)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 8,336
<NUMBER-OF-SHARES-REDEEMED> (3,168)
<SHARES-REINVESTED> 559
<NET-CHANGE-IN-ASSETS> 74,049
<ACCUMULATED-NII-PRIOR> 976
<ACCUMULATED-GAINS-PRIOR> 4,927
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 571
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 837
<AVERAGE-NET-ASSETS> 108,901
<PER-SHARE-NAV-BEGIN> 13.18
<PER-SHARE-NII> (0.02)
<PER-SHARE-GAIN-APPREC> 0.38
<PER-SHARE-DIVIDEND> (0.11)
<PER-SHARE-DISTRIBUTIONS> (0.66)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 12.77
<EXPENSE-RATIO> 1.36
</TABLE>
