INSTITUTIONAL FIDUCIARY TRUST
NSAR-B, EX-27.1, 2000-08-25
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<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
FROM THE INSTITUTIONAL FIDUCIARY TRUST JUNE 30, 2000 ANNUAL REPORT
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<SERIES>
   <NUMBER> 1
   <NAME> MONEY MARKET PORTFOLIO

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-END>                               JUN-30-2000
<INVESTMENTS-AT-COST>                    1,010,362,054
<INVESTMENTS-AT-VALUE>                   1,010,362,054
<RECEIVABLES>                                   50,000
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                           1,010,412,054
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      242,256
<TOTAL-LIABILITIES>                            242,256
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 1,010,169,798
<SHARES-COMMON-STOCK>                    1,010,169,798
<SHARES-COMMON-PRIOR>                    1,289,009,988
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                             1,010,169,798
<DIVIDEND-INCOME>                           39,753,996
<INTEREST-INCOME>                                    0
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (1,403,634)
<NET-INVESTMENT-INCOME>                     38,350,362
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                       38,350,362
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (38,350,362)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                  7,525,215,799
<NUMBER-OF-SHARES-REDEEMED>            (7,839,708,420)
<SHARES-REINVESTED>                         35,652,431
<NET-CHANGE-IN-ASSETS>                   (278,840,190)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                      (1,400,074)
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                            (1,675,141)
<AVERAGE-NET-ASSETS>                       699,899,416
<PER-SHARE-NAV-BEGIN>                            1.000
<PER-SHARE-NII>                                   .054
<PER-SHARE-GAIN-APPREC>                           .000
<PER-SHARE-DIVIDEND>                            (.054)
<PER-SHARE-DISTRIBUTIONS>                         .000
<RETURNS-OF-CAPITAL>                              .000
<PER-SHARE-NAV-END>                              1.000
<EXPENSE-RATIO>                                   .350<F1>
<FN>
<F1>THE EXPENSE RATIO INCLUDES THE FUND'S SHARE OF THE PORTFOLIO'S
    ALLOCATED EXPENSES.  RATIO OF EXPENSES EXCLUDING WAIVER AND
    PAYMENTS BY AFFILIATE .40%.
</FN>



</TABLE>


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