INSTITUTIONAL FIDUCIARY TRUST, 485BPOS, EX-99.J(I), 2000-10-27

INSTITUTIONAL FIDUCIARY TRUST
485BPOS, EX-99.J(I), 2000-10-27

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                         CONSENT OF INDEPENDENT AUDITORS



We consent to the incorporation by reference in Post-Effective  Amendment No. 30
to the  Registration  Statement of  Institutional  Fiduciary Trust on Form N-1A,
File No.  2-96634,  of our  reports  dated  August 3, 2000,  on our audit of the
financial statements and financial  highlights of Institutional  Fiduciary Trust
and The Money  Market  Portfolios,  which  reports  are  included  in the Annual
Reports  to  Shareholders  for the year  ended  June 30,  2000,  filed  with the
Securities and Exchange  Commission  pursuant to section 30(d) of the Investment
Company Act of 1940,  which are  incorporated  by reference in the  Registration
Statement.  We also  consent to the  reference  to our firm  under the  captions
"Financial Highlights" and "Auditor."



                                    /s/ PricewaterhouseCoopers LLP


San Francisco, California
October 27, 2000