PUTNAM TAX FREE INCOME TRUST /MA/
NSAR-B, EX-27, 2000-09-27
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
Putnam Tax-Free Insured Fund
</LEGEND>
<SERIES>
   <NUMBER> 4
   <NAME> CLASS M

<S>                             <C>
<PERIOD-TYPE>                  ANNUAL
<FISCAL-YEAR-END>                          JUL-31-2000
<PERIOD-END>                               JUL-31-2000
<INVESTMENTS-AT-COST>                      483,363,244
<INVESTMENTS-AT-VALUE>                     498,307,520
<RECEIVABLES>                                5,296,463
<ASSETS-OTHER>                               2,397,913
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             506,001,896
<PAYABLE-FOR-SECURITIES>                     1,203,295
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,821,877
<TOTAL-LIABILITIES>                          3,042,452
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   499,281,079
<SHARES-COMMON-STOCK>                          184,883
<SHARES-COMMON-PRIOR>                          126,454
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                       (153,287)
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                  (10,187,181)
<ACCUM-APPREC-OR-DEPREC>                    14,018,833
<NET-ASSETS>                               502,959,444
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                           30,971,050
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               5,179,397
<NET-INVESTMENT-INCOME>                     25,791,653
<REALIZED-GAINS-CURRENT>                   (3,168,818)
<APPREC-INCREASE-CURRENT>                  (6,067,693)
<NET-CHANGE-FROM-OPS>                       16,555,142
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (96,809)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        108,153
<NUMBER-OF-SHARES-REDEEMED>                   (53,745)
<SHARES-REINVESTED>                              4,021
<NET-CHANGE-IN-ASSETS>                    (70,673,650)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                      (356,689)
<OVERDIST-NET-GAINS-PRIOR>                 (7,015,181)
<GROSS-ADVISORY-FEES>                        2,573,397
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              5,384,622
<AVERAGE-NET-ASSETS>                         1,997,380
<PER-SHARE-NAV-BEGIN>                            14.76
<PER-SHARE-NII>                                    .69
<PER-SHARE-GAIN-APPREC>                          (.20)
<PER-SHARE-DIVIDEND>                             (.69)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.56
<EXPENSE-RATIO>                                   1.11
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>


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