IDS LIFE SERIES FUND INC
497, 2000-10-03
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PROSPECTUS SUPPLEMENT - October 3, 2000*

IDS Life Series Fund, Inc. (June 30, 2000) S-6191-99 P (6/00)

The  "Management"  section of the  International  Equity Portfolio is revised as
follows:

Mark  Fawcett,  co-manager  of the Fund since 2000,  joined AEFC in 1999.  He is
chief investment officer of American Express Asset Management International Inc.
(AEAMI), the London-based  subsidiary of AEFC. He also manages AXP International
Fund,  AXP VP -  International  Fund, the  international  portion of AXP Managed
Allocation  Fund and the equity portion of AXP Global  Balanced  Fund.  Prior to
joining AEFC, Mark was with Gartmore  Investment  Management plc, a pension fund
and mutual fund management company in the U.K. from 1991 to 1999.

Richard Leadem,  co-manager of the Fund since 2000, joined AEFC in 1997 as chief
investment  director - North American  Equities for AEAMI. He also manages World
Growth  Portfolio  and AXP Global  Growth Fund.  Prior to joining AEFC, he was a
senior portfolio manager at Mercury Asset Management from 1994 to 1997.

Gavin  Corr,  co-manager  of the  Fund  since  2000,  joined  AEFC  in 1995 as a
portfolio  manager on the European  equity team. He also co-manages AXP European
Equity Fund. Prior to joining AEFC, he was with a London investment bank.


S-6191 21A (10/00)
*Valid until next prospectus date
Destroy June 30, 2001



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