Supplement Dated December 1, 2000*
to the Prospectus Dated June 30, 2000
of IDS Life Series Fund, Inc. S-6191 P (6/00)
The following revision applies to the "Management" section of the Equity
Portfolio. The following paragraphs replace the paragraph on Louis Giglio:
Louis Giglio and Scott Mullinix are primarily responsible for managing the
day-to-day operations of IDS Life Series Fund - Equity Portfolio.
Louis Giglio, senior portfolio manager, joined AEFC in January 1995 as a
senior equity analyst. He is co-portfolio manager and has managed this Fund
since April 1997. He also serves as co-portfolio manager for AXP Strategy
Aggressive Fund, AXP Variable Portfolio - Strategy Aggressive Fund and the
AXP Innovations Fund (World Technologies Portfolio).
Scott Mullinix, portfolio manager, joined AEFC in 1987 as a financial
advisor. He is co-portfolio manager and has managed this Fund since
November 2000. He also serves as co-portfolio manager for AXP Strategy
Aggressive Fund, AXP Variable Portfolio - Strategy Aggressive Fund and the
AXP Innovations Fund (World Technologies Portfolio).
S-6191-41 A (01/01)
*Valid until June 30, 2001.