<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> 3
<NAME> FRANKLIN U.S. GOVERNMENT SECURITIES MONEY MARKET
PORTFOLIO
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUN-30-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 56,482,885
<INVESTMENTS-AT-VALUE> 56,482,885
<RECEIVABLES> 1,468
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 56,484,353
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 48,549
<TOTAL-LIABILITIES> 48,549
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 56,435,804
<SHARES-COMMON-STOCK> 56,435,804
<SHARES-COMMON-PRIOR> 111,566,032
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 56,435,804
<DIVIDEND-INCOME> 4,111,299
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> (155,966)
<NET-INVESTMENT-INCOME> 3,955,333
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 3,955,333
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3,955,333)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 195,363,342
<NUMBER-OF-SHARES-REDEEMED> (253,859,310)
<SHARES-REINVESTED> 3,365,740
<NET-CHANGE-IN-ASSETS> (55,130,228)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (156,306)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (206,740)
<AVERAGE-NET-ASSETS> 77,841,103
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> .051
<PER-SHARE-GAIN-APPREC> .000
<PER-SHARE-DIVIDEND> (.051)
<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 AFFLILIATE .43%.
</FN>
</TABLE>
