IDEX SERIES FUND
NSAR-A, 1998-06-29
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<PAGE>      PAGE  1
000 A000000 04/30/98
000 C000000 0000787623
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 NDEX SERIES FUND
001 B000000 811-4556
001 C000000 8135856565
002 A000000 201 HIGHLAND AVENUE
002 B000000 LARGO
002 C000000 FL
002 D010000 33770
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000 13
007 C010100  1
007 C020100 IDEX GROWTH PORTFOLIO
007 C030100 N
007 C010200  2
007 C020200 IDEX TAX-EXEMPT PORTFOLIO
007 C030200 N
007 C010300  3
007 C020300 IDEX INCOME PLUS PORTFOLIO
007 C030300 N
007 C010400  4
007 C020400 IDEX GLOBAL PORTFOLIO
007 C030400 N
007 C010500  5
007 C020500 IDEX FLEXILE INCOME PORTFOLIO
007 C030500 N
007 C010600  6
007 C020600 IDEX AGGRESSIVE GROWTH PORTFOLIO
007 C030600 N
007 C010700  7
007 C020700 IDEX CAPITAL APPRECIATION PORTFOLIO
007 C030700 N
007 C010800  8
007 C020800 IDEX STRATEGIC TOTAL RETURN PORTFOLIO
007 C030800 N
007 C010900  9
007 C020900 IDEX BALANCED PORTFOLIO
007 C030900 N
007 C011000 10
007 C021000 IDEX TACTICAL ASSET ALLOCATION PORTFOLIO
<PAGE>      PAGE  2
007 C031000 N
008 A00AA01 INTERSECURITIES, INC.
008 B00AA01 A
008 C00AA01 801-38618
008 D01AA01 LARGO
008 D02AA01 FL
008 D03AA01 34640
008 A00AA02 IDEX MANAGEMENT, INC.
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008 D01AA02 LARGO
008 D02AA02 FL
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008 A00AA03 JANUS CAPITAL CORP
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008 D01AA03 DENVER
008 D02AA03 CO
008 D03AA03 80206
008 A00AA04 DEAN INVESTMENT ASSOCIATES
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008 D01AA04 DAYTON
008 D02AA04 OH
008 D03AA04 45423
008 A00AA05 FRED ALGER MANAGEMENT, INC.
008 B00AA05 S
008 C00AA05 801-06709
008 D01AA05 JERSEY CITY
008 D02AA05 NJ
008 D03AA05 07302
008 A00AA06 LUTHER KING CAPITAL MANAGEMENT CORPORATION
008 B00AA06 S
008 C00AA06 801-14458
008 D01AA06 FT. WORTH
008 D02AA06 TX
008 D03AA06 76102
008 A00AA07 AEGON USA INVESTMENT MANAGEMENT, INC.
008 B00AA07 S
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008 D01AA07 CEDAR RAPIDS
008 D02AA07 IA
008 D03AA07 52499
008 A00AA08 C.A.S.E. MANAGEMENT, INC.
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008 D01AA08 BOCA RATON
008 D02AA08 FL
008 D03AA08 33431
008 A00AA09 NWQ INVESTMENT MANAGEMENT COMPANY, INC
008 B00AA09 S
<PAGE>      PAGE  3
008 C00AA09 801-42159
008 D01AA09 LOS ANGELES
008 D02AA09 CA
008 D03AA09 90017
008 A00AA10 SCOTTISH EQUITABLE INVESTMENT MANAGEMENT LTD
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008 D01AA10 EDINBURGH
008 D05AA10 SCOTLAND
008 D06AA10 EH12 9SE
008 A00AA11 GE INVESTMENT MANAGEMENT INCORPORATED
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008 C00AA11 801-31947
008 D01AA11 STAMFORD
008 D02AA11 CT
008 D03AA11 06905
011 A00AA01 INTERSECURITIES, INC.
011 B00AA01 8-33249
011 C01AA01 LARGO
011 C02AA01 FL
011 C03AA01 33770
011 C04AA01 2597
012 A00AA01 IDEX INVESTOR SERVICES, INC.
012 B00AA01 84-1597
012 C01AA01 LARGO
012 C02AA01 FL
012 C03AA01 33770
012 C04AA01 2597
013 A00AA01 PRICE WATERHOUSE LLP
013 B01AA01 KANSAS CITY
013 B02AA01 MO
013 B03AA01 64105
014 A00AA01 AEGON USA SECURITIES, INC.
014 B00AA01 8-09158
014 A00AA02 FRED ALGER AND COMPANY, INCORPORATED
014 B00AA02 8-15900
014 A00AA03 ZAHORIK COMPANY, INC.
014 B00AA03 8-17285
014 A00AA04 UAM FUND DISTRIBUTORS, INC.
014 B00AA04 8-41126
014 A00AA05 INTERSECUTIES, INC.
014 B00AA05 8-33249
014 A00AA06 2480 SECURITIES, LLC.
014 B00AA06 8-49648
014 A00AA07 DST SECURITIES, INC.
014 B00AA07 8-24385
014 A00AA08 DIVERSIFIED INVESTORS SECURITIES CORP.
014 B00AA08 8-45671
014 A00AA09 JANUS DISTRIBUTORS, INC.
014 B00AA09 8-43810
014 A00AA10 CAPITAL BROKERAGE CORP.
<PAGE>      PAGE  4
014 B00AA10 8-26614
014 A00AA11 FORTH FINANCIAL SECURITIES CORP.
014 B00AA11 8-30557
014 A00AA12 GE INVESTMENTS DISTRIBUTORS, INC.
014 B00AA12 8-45710
014 A00AA13 GECC CAPITAL MARKETS GROUP
014 B00AA13 8-29149
014 A00AA14 GNA DISTRIBUTORS, INC.
014 B00AA14 8-46211
014 A00AA15 MITCHELL HUTCHINS ASSET MANAGEMENT, INC.
014 B00AA15 8-21901
014 A00AA16 PAINE WEBBER, INC.
014 B00AA16 8-16267
015 A00AA01 INVESTORS FIDUCIARY TRUST COMPANY
015 B00AA01 C
015 C01AA01 KANSAS CITY
015 C02AA01 MO
015 C03AA01 64105
015 E01AA01 X
015 A00AA02 THE CHASE MANHATTAN BANK NA
015 B00AA02 S
015 C01AA02 NEW YORK
015 C02AA02 NY
015 C03AA02 10036
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019 C00AA00 IDEXGROUPE
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<PAGE>      PAGE  5
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022 D000002   1442300
022 A000003 STATE STREET BANK & TRUST CO.
022 B000003 04-1867445
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022 A000004 PRUDENTIAL FUNDING
022 B000004 22-2231168
022 C000004    487173
022 D000004    487300
022 A000005 HONG KONG SHANGHI BANKING CORP.
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022 A000007 ASSOCIATE CORP. OF NORTH AMERICA
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022 A000008 GENERAL ELECTRIC CAPITAL
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022 A000010 FORD MOTOR CREDIT
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<PAGE>      PAGE  6
026 A000000 N
026 B000000 Y
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026 G020000 N
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
055 B000200 N
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070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 N
070 J020200 N
070 K010200 N
<PAGE>      PAGE  13
070 K020200 N
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 N
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
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<PAGE>      PAGE  38
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<PAGE>      PAGE  44
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<PAGE>      PAGE  48
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<PAGE>      PAGE  49
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<PAGE>      PAGE  50
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<PAGE>      PAGE  51
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<PAGE>      PAGE  52
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<PAGE>      PAGE  53
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<PAGE>      PAGE  54
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<PAGE>      PAGE  55
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SIGNATURE   CHRISTOPHER G ROETZER                        
TITLE       VP & PRIN ACCT OFFR 
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND AGGRESSIVE GROWTH
PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 061
   <NAME> AGGRESSIVE GROWTH PORTFOLIO/CLASS A
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          41,168
<INVESTMENTS-AT-VALUE>                         53,966
<RECEIVABLES>                                     793
<ASSETS-OTHER>                                      7
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 54,766
<PAYABLE-FOR-SECURITIES>                          768
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                         112
<TOTAL-LIABILITIES>                               880
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       39,167
<SHARES-COMMON-STOCK>                           1,944
<SHARES-COMMON-PRIOR>                           1,666
<ACCUMULATED-NII-CURRENT>                       (275)
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                         2,196
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                       12,798
<NET-ASSETS>                                   53,886
<DIVIDEND-INCOME>                                 142
<INTEREST-INCOME>                                  36
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    449
<NET-INVESTMENT-INCOME>                         (271)
<REALIZED-GAINS-CURRENT>                        2,225
<APPREC-INCREASE-CURRENT>                       6,079
<NET-CHANGE-FROM-OPS>                           8,033
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                           0
<DISTRIBUTIONS-OF-GAINS>                        1,015
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                        16,990
<NUMBER-OF-SHARES-REDEEMED>                    12,679
<SHARES-REINVESTED>                             1,001
<NET-CHANGE-IN-ASSETS>                         14,278
<ACCUMULATED-NII-PRIOR>                         (382)
<ACCUMULATED-GAINS-PRIOR>                       3,842
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
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<GROSS-EXPENSE>                                   506
<AVERAGE-NET-ASSETS>                           35,949
<PER-SHARE-NAV-BEGIN>                           18.77
<PER-SHARE-NII>                                (0.10)
<PER-SHARE-GAIN-APPREC>                          3.31
<PER-SHARE-DIVIDEND>                                0
<PER-SHARE-DISTRIBUTIONS>                        0.45
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             21.53
<EXPENSE-RATIO>                                 1.85%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND AGGRESSIVE GROWTH
PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 062
   <NAME> AGGRESSIVE GROWTH PORTFOLIO/CLASS B
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          41,168
<INVESTMENTS-AT-VALUE>                         53,966
<RECEIVABLES>                                     793
<ASSETS-OTHER>                                      7
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 54,766
<PAYABLE-FOR-SECURITIES>                          768
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                         112
<TOTAL-LIABILITIES>                               880
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       39,167
<SHARES-COMMON-STOCK>                             342
<SHARES-COMMON-PRIOR>                             263
<ACCUMULATED-NII-CURRENT>                       (275)
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                         2,196
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                       12,798
<NET-ASSETS>                                   53,886
<DIVIDEND-INCOME>                                 142
<INTEREST-INCOME>                                  36
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    449
<NET-INVESTMENT-INCOME>                         (271)
<REALIZED-GAINS-CURRENT>                        2,225
<APPREC-INCREASE-CURRENT>                       6,079
<NET-CHANGE-FROM-OPS>                           8,033
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                           0
<DISTRIBUTIONS-OF-GAINS>                          163
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                         1,870
<NUMBER-OF-SHARES-REDEEMED>                       494
<SHARES-REINVESTED>                               161
<NET-CHANGE-IN-ASSETS>                         14,278
<ACCUMULATED-NII-PRIOR>                         (382)
<ACCUMULATED-GAINS-PRIOR>                       3,842
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                             227
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   506
<AVERAGE-NET-ASSETS>                            5,894
<PER-SHARE-NAV-BEGIN>                           18.58
<PER-SHARE-NII>                                (0.14)
<PER-SHARE-GAIN-APPREC>                          3.31
<PER-SHARE-DIVIDEND>                                0
<PER-SHARE-DISTRIBUTIONS>                        0.45
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             21.30
<EXPENSE-RATIO>                                 2.50%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND AGGRESSIVE GROWTH
PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 063
   <NAME> AGGRESSIVE GROWTH PORTFOLIO/CLASS C
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          41,168
<INVESTMENTS-AT-VALUE>                         53,966
<RECEIVABLES>                                     793
<ASSETS-OTHER>                                      7
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 54,766
<PAYABLE-FOR-SECURITIES>                          768
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                         112
<TOTAL-LIABILITIES>                               880
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       39,167
<SHARES-COMMON-STOCK>                             222
<SHARES-COMMON-PRIOR>                             186
<ACCUMULATED-NII-CURRENT>                       (275)
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                         2,196
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                       12,798
<NET-ASSETS>                                   53,886
<DIVIDEND-INCOME>                                 142
<INTEREST-INCOME>                                  36
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    449
<NET-INVESTMENT-INCOME>                         (271)
<REALIZED-GAINS-CURRENT>                        2,225
<APPREC-INCREASE-CURRENT>                       6,079
<NET-CHANGE-FROM-OPS>                           8,033
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                           0
<DISTRIBUTIONS-OF-GAINS>                          110
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                         1,642
<NUMBER-OF-SHARES-REDEEMED>                     1,068
<SHARES-REINVESTED>                               110
<NET-CHANGE-IN-ASSETS>                         14,278
<ACCUMULATED-NII-PRIOR>                         (382)
<ACCUMULATED-GAINS-PRIOR>                       3,842
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                             227
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   506
<AVERAGE-NET-ASSETS>                            4,013
<PER-SHARE-NAV-BEGIN>                           18.61
<PER-SHARE-NII>                                (0.14)
<PER-SHARE-GAIN-APPREC>                          3.31
<PER-SHARE-DIVIDEND>                                0
<PER-SHARE-DISTRIBUTIONS>                        0.45
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             21.33
<EXPENSE-RATIO>                                 2.40%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND INTERNATIONAL EQUITY
PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 121
   <NAME> INTERNATIONAL EQUITY PORTFOLIO/CLASS A
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                           4,660
<INVESTMENTS-AT-VALUE>                          5,428
<RECEIVABLES>                                     124
<ASSETS-OTHER>                                     97
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                  5,649
<PAYABLE-FOR-SECURITIES>                           45
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                          24
<TOTAL-LIABILITIES>                                69
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                        4,889
<SHARES-COMMON-STOCK>                             337
<SHARES-COMMON-PRIOR>                             291
<ACCUMULATED-NII-CURRENT>                        (11)
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                          (73)
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                          775
<NET-ASSETS>                                    5,580
<DIVIDEND-INCOME>                                  31
<INTEREST-INCOME>                                   7
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                     49
<NET-INVESTMENT-INCOME>                          (11)
<REALIZED-GAINS-CURRENT>                         (42)
<APPREC-INCREASE-CURRENT>                         845
<NET-CHANGE-FROM-OPS>                             792
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                          19
<DISTRIBUTIONS-OF-GAINS>                            0
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                           771
<NUMBER-OF-SHARES-REDEEMED>                       216
<SHARES-REINVESTED>                                20
<NET-CHANGE-IN-ASSETS>                          1,516
<ACCUMULATED-NII-PRIOR>                             1
<ACCUMULATED-GAINS-PRIOR>                        (11)
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                              23
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   125
<AVERAGE-NET-ASSETS>                            3,517
<PER-SHARE-NAV-BEGIN>                           10.57
<PER-SHARE-NII>                                (0.01)
<PER-SHARE-GAIN-APPREC>                          1.85
<PER-SHARE-DIVIDEND>                             0.07
<PER-SHARE-DISTRIBUTIONS>                        0.07
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             12.34
<EXPENSE-RATIO>                                 1.93%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND INTERNATIONAL EQUITY
PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 122
   <NAME> INTERNATIONAL EQUITY PORTFOLIO/CLASS B
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                           4,660
<INVESTMENTS-AT-VALUE>                          5,428
<RECEIVABLES>                                     124
<ASSETS-OTHER>                                     97
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                  5,649
<PAYABLE-FOR-SECURITIES>                           45
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                          24
<TOTAL-LIABILITIES>                                69
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                        4,889
<SHARES-COMMON-STOCK>                              74
<SHARES-COMMON-PRIOR>                              56
<ACCUMULATED-NII-CURRENT>                        (11)
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                          (73)
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                          775
<NET-ASSETS>                                    5,580
<DIVIDEND-INCOME>                                  31
<INTEREST-INCOME>                                   7
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                     49
<NET-INVESTMENT-INCOME>                          (11)
<REALIZED-GAINS-CURRENT>                         (42)
<APPREC-INCREASE-CURRENT>                         845
<NET-CHANGE-FROM-OPS>                             792
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                           1
<DISTRIBUTIONS-OF-GAINS>                            0
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                           239
<NUMBER-OF-SHARES-REDEEMED>                        46
<SHARES-REINVESTED>                                 1
<NET-CHANGE-IN-ASSETS>                          1,516
<ACCUMULATED-NII-PRIOR>                             1
<ACCUMULATED-GAINS-PRIOR>                        (11)
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                              23
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   125
<AVERAGE-NET-ASSETS>                              749
<PER-SHARE-NAV-BEGIN>                           10.52
<PER-SHARE-NII>                                (0.04)
<PER-SHARE-GAIN-APPREC>                          1.85
<PER-SHARE-DIVIDEND>                             0.01
<PER-SHARE-DISTRIBUTIONS>                        0.01
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             12.32
<EXPENSE-RATIO>                                 2.58%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND INTERNATIONAL EQUITY
PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 123
   <NAME> INTERNATIONAL EQUITY PORTFOLIO/CLASS C
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                           4,660
<INVESTMENTS-AT-VALUE>                          5,428
<RECEIVABLES>                                     124
<ASSETS-OTHER>                                     97
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                  5,649
<PAYABLE-FOR-SECURITIES>                           45
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                          24
<TOTAL-LIABILITIES>                                69
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                        4,889
<SHARES-COMMON-STOCK>                              41
<SHARES-COMMON-PRIOR>                              38
<ACCUMULATED-NII-CURRENT>                        (11)
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                          (73)
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                          775
<NET-ASSETS>                                    5,580
<DIVIDEND-INCOME>                                  31
<INTEREST-INCOME>                                   7
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                     49
<NET-INVESTMENT-INCOME>                          (11)
<REALIZED-GAINS-CURRENT>                         (42)
<APPREC-INCREASE-CURRENT>                         845
<NET-CHANGE-FROM-OPS>                             792
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                           1
<DISTRIBUTIONS-OF-GAINS>                            0
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                           121
<NUMBER-OF-SHARES-REDEEMED>                        86
<SHARES-REINVESTED>                                 1
<NET-CHANGE-IN-ASSETS>                          1,516
<ACCUMULATED-NII-PRIOR>                             1
<ACCUMULATED-GAINS-PRIOR>                        (11)
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                              23
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   125
<AVERAGE-NET-ASSETS>                              439
<PER-SHARE-NAV-BEGIN>                           10.53
<PER-SHARE-NII>                                (0.04)
<PER-SHARE-GAIN-APPREC>                          1.85
<PER-SHARE-DIVIDEND>                             0.02
<PER-SHARE-DISTRIBUTIONS>                        0.02
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             12.32
<EXPENSE-RATIO>                                 2.48%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND CAPITAL APPRECIATION
PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 071
   <NAME> CAPITAL APPRECIATION PORTFOLIO/CLASS A
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          23,973
<INVESTMENTS-AT-VALUE>                         29,780
<RECEIVABLES>                                     390
<ASSETS-OTHER>                                     30
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 30,200
<PAYABLE-FOR-SECURITIES>                          323
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                         117
<TOTAL-LIABILITIES>                               440
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       21,663
<SHARES-COMMON-STOCK>                           1,357
<SHARES-COMMON-PRIOR>                           1,296
<ACCUMULATED-NII-CURRENT>                       (206)
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                         2,535
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                        5,798
<NET-ASSETS>                                   29,760
<DIVIDEND-INCOME>                                  35
<INTEREST-INCOME>                                  22
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    261
<NET-INVESTMENT-INCOME>                         (204)
<REALIZED-GAINS-CURRENT>                        2,529
<APPREC-INCREASE-CURRENT>                       2,284
<NET-CHANGE-FROM-OPS>                           4,609
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                           0
<DISTRIBUTIONS-OF-GAINS>                          590
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                        18,325
<NUMBER-OF-SHARES-REDEEMED>                    18,019
<SHARES-REINVESTED>                               585
<NET-CHANGE-IN-ASSETS>                          4,538
<ACCUMULATED-NII-PRIOR>                         (331)
<ACCUMULATED-GAINS-PRIOR>                         778
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                             133
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   324
<AVERAGE-NET-ASSETS>                           22,070
<PER-SHARE-NAV-BEGIN>                           15.90
<PER-SHARE-NII>                                (0.12)
<PER-SHARE-GAIN-APPREC>                          2.89
<PER-SHARE-DIVIDEND>                                0
<PER-SHARE-DISTRIBUTIONS>                        0.45
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             18.22
<EXPENSE-RATIO>                                 1.85%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND CAPITAL APPRECIATION
PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 072
   <NAME> CAPITAL APPRECIATION PORTFOLIO/CLASS B
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          23,973
<INVESTMENTS-AT-VALUE>                         29,780
<RECEIVABLES>                                     390
<ASSETS-OTHER>                                     30
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 30,200
<PAYABLE-FOR-SECURITIES>                          323
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                         117
<TOTAL-LIABILITIES>                               440
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       21,663
<SHARES-COMMON-STOCK>                             191
<SHARES-COMMON-PRIOR>                             182
<ACCUMULATED-NII-CURRENT>                       (206)
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                         2,535
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                        5,798
<NET-ASSETS>                                   29,760
<DIVIDEND-INCOME>                                  35
<INTEREST-INCOME>                                  22
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    261
<NET-INVESTMENT-INCOME>                         (204)
<REALIZED-GAINS-CURRENT>                        2,529
<APPREC-INCREASE-CURRENT>                       2,284
<NET-CHANGE-FROM-OPS>                           4,609
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                           0
<DISTRIBUTIONS-OF-GAINS>                           82
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                           462
<NUMBER-OF-SHARES-REDEEMED>                       399
<SHARES-REINVESTED>                                81
<NET-CHANGE-IN-ASSETS>                          4,538
<ACCUMULATED-NII-PRIOR>                         (331)
<ACCUMULATED-GAINS-PRIOR>                         778
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                             133
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   324
<AVERAGE-NET-ASSETS>                            3,091
<PER-SHARE-NAV-BEGIN>                           15.74
<PER-SHARE-NII>                                (0.17)
<PER-SHARE-GAIN-APPREC>                          2.89
<PER-SHARE-DIVIDEND>                                0
<PER-SHARE-DISTRIBUTIONS>                        0.45
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             18.01
<EXPENSE-RATIO>                                 2.50%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND CAPITAL APPRECIATION
PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 073
   <NAME> CAPITAL APPRECIATION PORTFOLIO/CLASS C
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          23,973
<INVESTMENTS-AT-VALUE>                         29,780
<RECEIVABLES>                                     390
<ASSETS-OTHER>                                     30
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 30,200
<PAYABLE-FOR-SECURITIES>                          323
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                         117
<TOTAL-LIABILITIES>                               440
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       21,663
<SHARES-COMMON-STOCK>                              88
<SHARES-COMMON-PRIOR>                             111
<ACCUMULATED-NII-CURRENT>                       (206)
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                         2,535
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                        5,798
<NET-ASSETS>                                   29,760
<DIVIDEND-INCOME>                                  35
<INTEREST-INCOME>                                  22
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    261
<NET-INVESTMENT-INCOME>                         (204)
<REALIZED-GAINS-CURRENT>                        2,529
<APPREC-INCREASE-CURRENT>                       2,284
<NET-CHANGE-FROM-OPS>                           4,609
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                           0
<DISTRIBUTIONS-OF-GAINS>                           47
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                           229
<NUMBER-OF-SHARES-REDEEMED>                       662
<SHARES-REINVESTED>                                46
<NET-CHANGE-IN-ASSETS>                          4,538
<ACCUMULATED-NII-PRIOR>                         (331)
<ACCUMULATED-GAINS-PRIOR>                         778
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                             133
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   324
<AVERAGE-NET-ASSETS>                            1,674
<PER-SHARE-NAV-BEGIN>                           15.77
<PER-SHARE-NII>                                (0.17)
<PER-SHARE-GAIN-APPREC>                          2.89
<PER-SHARE-DIVIDEND>                                0
<PER-SHARE-DISTRIBUTIONS>                        0.45
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             18.04
<EXPENSE-RATIO>                                 2.40%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND GLOBAL PORTFOLIO FOR
THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 041
   <NAME> GLOBAL PORTFOLIO/CLASS A
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                         297,017
<INVESTMENTS-AT-VALUE>                        402,147
<RECEIVABLES>                                   3,516
<ASSETS-OTHER>                                  1,205
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                406,868
<PAYABLE-FOR-SECURITIES>                          442
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                       1,701
<TOTAL-LIABILITIES>                             2,143
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                      300,412
<SHARES-COMMON-STOCK>                          10,725
<SHARES-COMMON-PRIOR>                           9,212
<ACCUMULATED-NII-CURRENT>                     (1,008)
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                           532
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                      104,789
<NET-ASSETS>                                  404,725
<DIVIDEND-INCOME>                               1,902
<INTEREST-INCOME>                                 332
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                  3,226
<NET-INVESTMENT-INCOME>                         (992)
<REALIZED-GAINS-CURRENT>                        (180)
<APPREC-INCREASE-CURRENT>                      69,032
<NET-CHANGE-FROM-OPS>                          67,860
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                           0
<DISTRIBUTIONS-OF-GAINS>                       19,123
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                        97,864
<NUMBER-OF-SHARES-REDEEMED>                    83,054
<SHARES-REINVESTED>                            18,617
<NET-CHANGE-IN-ASSETS>                        114,883
<ACCUMULATED-NII-PRIOR>                       (1,348)
<ACCUMULATED-GAINS-PRIOR>                      28,339
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                           1,656
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                 3,226
<AVERAGE-NET-ASSETS>                          243,324
<PER-SHARE-NAV-BEGIN>                           23.74
<PER-SHARE-NII>                                (0.03)
<PER-SHARE-GAIN-APPREC>                          4.67
<PER-SHARE-DIVIDEND>                                0
<PER-SHARE-DISTRIBUTIONS>                        2.07
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             26.31
<EXPENSE-RATIO>                                 1.78%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND GLOBAL PORTFOLIO FOR
THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 042
   <NAME> GLOBAL PORTFOLIO/CLASS B
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                         297,017
<INVESTMENTS-AT-VALUE>                        402,147
<RECEIVABLES>                                   3,516
<ASSETS-OTHER>                                  1,205
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                406,868
<PAYABLE-FOR-SECURITIES>                          442
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                       1,701
<TOTAL-LIABILITIES>                             2,143
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                      300,412
<SHARES-COMMON-STOCK>                           2,809
<SHARES-COMMON-PRIOR>                           1,880
<ACCUMULATED-NII-CURRENT>                     (1,008)
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                           532
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                      104,789
<NET-ASSETS>                                  404,725
<DIVIDEND-INCOME>                               1,902
<INTEREST-INCOME>                                 332
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                  3,226
<NET-INVESTMENT-INCOME>                         (992)
<REALIZED-GAINS-CURRENT>                        (180)
<APPREC-INCREASE-CURRENT>                      69,032
<NET-CHANGE-FROM-OPS>                          67,860
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                           0
<DISTRIBUTIONS-OF-GAINS>                        4,194
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                        20,555
<NUMBER-OF-SHARES-REDEEMED>                     2,845
<SHARES-REINVESTED>                             4,048
<NET-CHANGE-IN-ASSETS>                        114,883
<ACCUMULATED-NII-PRIOR>                       (1,348)
<ACCUMULATED-GAINS-PRIOR>                      28,339
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                           1,656
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                 3,226
<AVERAGE-NET-ASSETS>                           55,277
<PER-SHARE-NAV-BEGIN>                           23.38
<PER-SHARE-NII>                                (0.10)
<PER-SHARE-GAIN-APPREC>                          4.67
<PER-SHARE-DIVIDEND>                                0
<PER-SHARE-DISTRIBUTIONS>                        2.07
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             25.88
<EXPENSE-RATIO>                                 2.43%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND GLOBAL PORTFOLIO FOR
THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 043
   <NAME> GLOBAL PORTFOLIO/CLASS C
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                         297,017
<INVESTMENTS-AT-VALUE>                        402,147
<RECEIVABLES>                                   3,516
<ASSETS-OTHER>                                  1,205
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                406,868
<PAYABLE-FOR-SECURITIES>                          442
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                       1,701
<TOTAL-LIABILITIES>                             2,143
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                      300,412
<SHARES-COMMON-STOCK>                           1,932
<SHARES-COMMON-PRIOR>                           1,168
<ACCUMULATED-NII-CURRENT>                     (1,008)
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                           532
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                      104,789
<NET-ASSETS>                                  404,725
<DIVIDEND-INCOME>                               1,902
<INTEREST-INCOME>                                 332
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                  3,226
<NET-INVESTMENT-INCOME>                         (992)
<REALIZED-GAINS-CURRENT>                        (180)
<APPREC-INCREASE-CURRENT>                      69,032
<NET-CHANGE-FROM-OPS>                          67,860
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                           0
<DISTRIBUTIONS-OF-GAINS>                        2,552
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                        18,235
<NUMBER-OF-SHARES-REDEEMED>                     3,035
<SHARES-REINVESTED>                             2,507
<NET-CHANGE-IN-ASSETS>                        114,883
<ACCUMULATED-NII-PRIOR>                       (1,348)
<ACCUMULATED-GAINS-PRIOR>                      28,339
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                           1,656
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                 3,226
<AVERAGE-NET-ASSETS>                           36,081
<PER-SHARE-NAV-BEGIN>                           23.30
<PER-SHARE-NII>                                (0.10)
<PER-SHARE-GAIN-APPREC>                          4.67
<PER-SHARE-DIVIDEND>                                0
<PER-SHARE-DISTRIBUTIONS>                        2.07
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             25.80
<EXPENSE-RATIO>                                 2.33%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND GROWTH PORTFOLIO
FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 011
   <NAME> GROWTH PORTFOLIO/CLASS A
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                         886,564
<INVESTMENTS-AT-VALUE>                      1,570,716
<RECEIVABLES>                                     987
<ASSETS-OTHER>                                    286
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                              1,571,989
<PAYABLE-FOR-SECURITIES>                          493
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                       2,974
<TOTAL-LIABILITIES>                             3,467
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                      855,029
<SHARES-COMMON-STOCK>                          27,456
<SHARES-COMMON-PRIOR>                          24,541
<ACCUMULATED-NII-CURRENT>                     (2,020)
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                        32,776
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                      682,737
<NET-ASSETS>                                1,568,522
<DIVIDEND-INCOME>                               6,023
<INTEREST-INCOME>                               1,351
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                  9,305
<NET-INVESTMENT-INCOME>                       (1,931)
<REALIZED-GAINS-CURRENT>                       31,636
<APPREC-INCREASE-CURRENT>                     337,006
<NET-CHANGE-FROM-OPS>                         366,711
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                           0
<DISTRIBUTIONS-OF-GAINS>                       80,491
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                        93,048
<NUMBER-OF-SHARES-REDEEMED>                   111,166
<SHARES-REINVESTED>                            78,048
<NET-CHANGE-IN-ASSETS>                        323,508
<ACCUMULATED-NII-PRIOR>                           709
<ACCUMULATED-GAINS-PRIOR>                     164,142
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                           6,274
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                 9,305
<AVERAGE-NET-ASSETS>                          664,184
<PER-SHARE-NAV-BEGIN>                           25.04
<PER-SHARE-NII>                                (0.07)
<PER-SHARE-GAIN-APPREC>                          6.58
<PER-SHARE-DIVIDEND>                                0
<PER-SHARE-DISTRIBUTIONS>                        3.31
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             28.24
<EXPENSE-RATIO>                                 1.55%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND GROWTH PORTFOLIO
FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 012
   <NAME> GROWTH PORTFOLIO/CLASS B
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                         886,564
<INVESTMENTS-AT-VALUE>                      1,570,716
<RECEIVABLES>                                     987
<ASSETS-OTHER>                                    286
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                              1,571,989
<PAYABLE-FOR-SECURITIES>                          493
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                       2,974
<TOTAL-LIABILITIES>                             3,467
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                      855,029
<SHARES-COMMON-STOCK>                             781
<SHARES-COMMON-PRIOR>                             531
<ACCUMULATED-NII-CURRENT>                     (2,020)
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                        32,776
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                      682,737
<NET-ASSETS>                                1,568,522
<DIVIDEND-INCOME>                               6,023
<INTEREST-INCOME>                               1,351
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                  9,305
<NET-INVESTMENT-INCOME>                       (1,931)
<REALIZED-GAINS-CURRENT>                       31,636
<APPREC-INCREASE-CURRENT>                     337,006
<NET-CHANGE-FROM-OPS>                         366,711
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                           0
<DISTRIBUTIONS-OF-GAINS>                        1,900
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                         5,205
<NUMBER-OF-SHARES-REDEEMED>                     1,226
<SHARES-REINVESTED>                             1,872
<NET-CHANGE-IN-ASSETS>                        323,508
<ACCUMULATED-NII-PRIOR>                           709
<ACCUMULATED-GAINS-PRIOR>                     164,142
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                           6,274
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                 9,305
<AVERAGE-NET-ASSETS>                           16,285
<PER-SHARE-NAV-BEGIN>                           24.55
<PER-SHARE-NII>                                (0.20)
<PER-SHARE-GAIN-APPREC>                          6.58
<PER-SHARE-DIVIDEND>                                0
<PER-SHARE-DISTRIBUTIONS>                        3.31
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             27.62
<EXPENSE-RATIO>                                 2.20%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND GROWTH PORTFOLIO
FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 013
   <NAME> GROWTH PORTFOLIO/CLASS C
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                         886,564
<INVESTMENTS-AT-VALUE>                      1,570,716
<RECEIVABLES>                                     987
<ASSETS-OTHER>                                    286
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                              1,571,989
<PAYABLE-FOR-SECURITIES>                          493
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                       2,974
<TOTAL-LIABILITIES>                             3,467
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                      855,029
<SHARES-COMMON-STOCK>                             738
<SHARES-COMMON-PRIOR>                             581
<ACCUMULATED-NII-CURRENT>                     (2,020)
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                        32,776
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                      682,737
<NET-ASSETS>                                1,568,522
<DIVIDEND-INCOME>                               6,023
<INTEREST-INCOME>                               1,351
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                  9,305
<NET-INVESTMENT-INCOME>                       (1,931)
<REALIZED-GAINS-CURRENT>                       31,636
<APPREC-INCREASE-CURRENT>                     337,006
<NET-CHANGE-FROM-OPS>                         366,711
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                           0
<DISTRIBUTIONS-OF-GAINS>                        1,933
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                         4,082
<NUMBER-OF-SHARES-REDEEMED>                     2,399
<SHARES-REINVESTED>                             1,924
<NET-CHANGE-IN-ASSETS>                        323,508
<ACCUMULATED-NII-PRIOR>                           709
<ACCUMULATED-GAINS-PRIOR>                     164,142
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                           6,274
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                 9,305
<AVERAGE-NET-ASSETS>                           16,156
<PER-SHARE-NAV-BEGIN>                           24.62
<PER-SHARE-NII>                                (0.17)
<PER-SHARE-GAIN-APPREC>                          6.58
<PER-SHARE-DIVIDEND>                                0
<PER-SHARE-DISTRIBUTIONS>                        3.31
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             27.72
<EXPENSE-RATIO>                                 2.10%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND GROWTH PORTFOLIO
FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 014
   <NAME> GROWTH PORTFOLIO/CLASS T
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                         886,564
<INVESTMENTS-AT-VALUE>                      1,570,716
<RECEIVABLES>                                     987
<ASSETS-OTHER>                                    286
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                              1,571,989
<PAYABLE-FOR-SECURITIES>                          493
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                       2,974
<TOTAL-LIABILITIES>                             3,467
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                      855,029
<SHARES-COMMON-STOCK>                          26,288
<SHARES-COMMON-PRIOR>                          28,833
<ACCUMULATED-NII-CURRENT>                     (2,020)
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                        32,776
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                      682,737
<NET-ASSETS>                                1,568,522
<DIVIDEND-INCOME>                               6,023
<INTEREST-INCOME>                               1,351
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                  9,305
<NET-INVESTMENT-INCOME>                       (1,931)
<REALIZED-GAINS-CURRENT>                       31,636
<APPREC-INCREASE-CURRENT>                     337,006
<NET-CHANGE-FROM-OPS>                         366,711
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                         802
<DISTRIBUTIONS-OF-GAINS>                       78,156
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                        17,682
<NUMBER-OF-SHARES-REDEEMED>                    44,488
<SHARES-REINVESTED>                            77,497
<NET-CHANGE-IN-ASSETS>                        323,508
<ACCUMULATED-NII-PRIOR>                           709
<ACCUMULATED-GAINS-PRIOR>                     164,142
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                           6,274
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                 9,305
<AVERAGE-NET-ASSETS>                          646,673
<PER-SHARE-NAV-BEGIN>                           25.31
<PER-SHARE-NII>                                  0.02
<PER-SHARE-GAIN-APPREC>                          6.58
<PER-SHARE-DIVIDEND>                             0.03
<PER-SHARE-DISTRIBUTIONS>                        3.34
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             28.57
<EXPENSE-RATIO>                                 1.20%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND C.A.S.E. PORTFOLIO
FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 111
   <NAME> C.A.S.E. PORTFOLIO/CLASS A
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                           9,619
<INVESTMENTS-AT-VALUE>                          9,822
<RECEIVABLES>                                     571
<ASSETS-OTHER>                                      0
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 10,393
<PAYABLE-FOR-SECURITIES>                            0
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                         443
<TOTAL-LIABILITIES>                               443
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                        8,784
<SHARES-COMMON-STOCK>                             397
<SHARES-COMMON-PRIOR>                             304
<ACCUMULATED-NII-CURRENT>                        (47)
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                         1,010
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                          203
<NET-ASSETS>                                    9,950
<DIVIDEND-INCOME>                                  33
<INTEREST-INCOME>                                  20
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                     99
<NET-INVESTMENT-INCOME>                          (46)
<REALIZED-GAINS-CURRENT>                        1,139
<APPREC-INCREASE-CURRENT>                       (365)
<NET-CHANGE-FROM-OPS>                             728
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                           0
<DISTRIBUTIONS-OF-GAINS>                          340
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                         1,750
<NUMBER-OF-SHARES-REDEEMED>                       974
<SHARES-REINVESTED>                               339
<NET-CHANGE-IN-ASSETS>                          1,566
<ACCUMULATED-NII-PRIOR>                          (36)
<ACCUMULATED-GAINS-PRIOR>                         774
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                              47
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   125
<AVERAGE-NET-ASSETS>                            4,747
<PER-SHARE-NAV-BEGIN>                           12.90
<PER-SHARE-NII>                                (0.04)
<PER-SHARE-GAIN-APPREC>                          0.91
<PER-SHARE-DIVIDEND>                                0
<PER-SHARE-DISTRIBUTIONS>                        0.95
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             12.82
<EXPENSE-RATIO>                                 1.85%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND C.A.S.E. PORTFOLIO
FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 112
   <NAME> C.A.S.E. PORTFOLIO/CLASS B
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                           9,619
<INVESTMENTS-AT-VALUE>                          9,822
<RECEIVABLES>                                     571
<ASSETS-OTHER>                                      0
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 10,393
<PAYABLE-FOR-SECURITIES>                            0
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                         443
<TOTAL-LIABILITIES>                               443
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                        8,784
<SHARES-COMMON-STOCK>                             231
<SHARES-COMMON-PRIOR>                             190
<ACCUMULATED-NII-CURRENT>                        (47)
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                         1,010
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                          203
<NET-ASSETS>                                    9,950
<DIVIDEND-INCOME>                                  33
<INTEREST-INCOME>                                  20
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                     99
<NET-INVESTMENT-INCOME>                          (46)
<REALIZED-GAINS-CURRENT>                        1,139
<APPREC-INCREASE-CURRENT>                       (365)
<NET-CHANGE-FROM-OPS>                             728
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                           0
<DISTRIBUTIONS-OF-GAINS>                          191
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                           651
<NUMBER-OF-SHARES-REDEEMED>                       349
<SHARES-REINVESTED>                               191
<NET-CHANGE-IN-ASSETS>                          1,566
<ACCUMULATED-NII-PRIOR>                          (36)
<ACCUMULATED-GAINS-PRIOR>                         774
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                              47
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   125
<AVERAGE-NET-ASSETS>                            2,672
<PER-SHARE-NAV-BEGIN>                           12.85
<PER-SHARE-NII>                                (0.09)
<PER-SHARE-GAIN-APPREC>                          0.91
<PER-SHARE-DIVIDEND>                                0
<PER-SHARE-DISTRIBUTIONS>                        0.95
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             12.72
<EXPENSE-RATIO>                                 2.50%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND C.A.S.E. PORTFOLIO
FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 113
   <NAME> C.A.S.E. PORTFOLIO/CLASS C
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                           9,619
<INVESTMENTS-AT-VALUE>                          9,822
<RECEIVABLES>                                     571
<ASSETS-OTHER>                                      0
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 10,393
<PAYABLE-FOR-SECURITIES>                            0
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                         443
<TOTAL-LIABILITIES>                               443
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                        8,784
<SHARES-COMMON-STOCK>                             151
<SHARES-COMMON-PRIOR>                             158
<ACCUMULATED-NII-CURRENT>                        (47)
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                         1,010
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                          203
<NET-ASSETS>                                    9,950
<DIVIDEND-INCOME>                                  33
<INTEREST-INCOME>                                  20
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                     99
<NET-INVESTMENT-INCOME>                          (46)
<REALIZED-GAINS-CURRENT>                        1,139
<APPREC-INCREASE-CURRENT>                       (365)
<NET-CHANGE-FROM-OPS>                             728
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                           0
<DISTRIBUTIONS-OF-GAINS>                          157
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                           410
<NUMBER-OF-SHARES-REDEEMED>                       647
<SHARES-REINVESTED>                               155
<NET-CHANGE-IN-ASSETS>                          1,566
<ACCUMULATED-NII-PRIOR>                          (36)
<ACCUMULATED-GAINS-PRIOR>                         774
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                              47
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   125
<AVERAGE-NET-ASSETS>                            1,989
<PER-SHARE-NAV-BEGIN>                           12.86
<PER-SHARE-NII>                                (0.08)
<PER-SHARE-GAIN-APPREC>                          0.91
<PER-SHARE-DIVIDEND>                                0
<PER-SHARE-DISTRIBUTIONS>                        0.95
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             12.74
<EXPENSE-RATIO>                                 2.40%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND VALUE EQUITY
PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 131
   <NAME> VALUE EQUITY PORTFOLIO/CLASS A
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          13,966
<INVESTMENTS-AT-VALUE>                         16,388
<RECEIVABLES>                                     111
<ASSETS-OTHER>                                     13
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 16,512
<PAYABLE-FOR-SECURITIES>                          226
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                          29
<TOTAL-LIABILITIES>                               255
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       13,738
<SHARES-COMMON-STOCK>                             683
<SHARES-COMMON-PRIOR>                             453
<ACCUMULATED-NII-CURRENT>                        (22)
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                           119
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                        2,422
<NET-ASSETS>                                   16,257
<DIVIDEND-INCOME>                                  65
<INTEREST-INCOME>                                  40
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    131
<NET-INVESTMENT-INCOME>                          (26)
<REALIZED-GAINS-CURRENT>                          124
<APPREC-INCREASE-CURRENT>                       1,748
<NET-CHANGE-FROM-OPS>                           1,846
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                           0
<DISTRIBUTIONS-OF-GAINS>                           23
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                         3,669
<NUMBER-OF-SHARES-REDEEMED>                       915
<SHARES-REINVESTED>                                22
<NET-CHANGE-IN-ASSETS>                          6,495
<ACCUMULATED-NII-PRIOR>                             4
<ACCUMULATED-GAINS-PRIOR>                          36
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                              62
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   179
<AVERAGE-NET-ASSETS>                            7,071
<PER-SHARE-NAV-BEGIN>                           11.71
<PER-SHARE-NII>                                (0.01)
<PER-SHARE-GAIN-APPREC>                          1.68
<PER-SHARE-DIVIDEND>                                0
<PER-SHARE-DISTRIBUTIONS>                        0.04
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             13.34
<EXPENSE-RATIO>                                 1.85%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND VALUE EQUITY
PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 132
   <NAME> VALUE EQUITY PORTFOLIO/CLASS B
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          13,966
<INVESTMENTS-AT-VALUE>                         16,388
<RECEIVABLES>                                     111
<ASSETS-OTHER>                                     13
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 16,512
<PAYABLE-FOR-SECURITIES>                          226
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                          29
<TOTAL-LIABILITIES>                               255
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       13,738
<SHARES-COMMON-STOCK>                             341
<SHARES-COMMON-PRIOR>                             244
<ACCUMULATED-NII-CURRENT>                        (22)
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                           119
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                        2,422
<NET-ASSETS>                                   16,257
<DIVIDEND-INCOME>                                  65
<INTEREST-INCOME>                                  40
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    131
<NET-INVESTMENT-INCOME>                          (26)
<REALIZED-GAINS-CURRENT>                          124
<APPREC-INCREASE-CURRENT>                       1,748
<NET-CHANGE-FROM-OPS>                           1,846
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                           0
<DISTRIBUTIONS-OF-GAINS>                           11
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                         1,321
<NUMBER-OF-SHARES-REDEEMED>                       138
<SHARES-REINVESTED>                                11
<NET-CHANGE-IN-ASSETS>                          6,495
<ACCUMULATED-NII-PRIOR>                             4
<ACCUMULATED-GAINS-PRIOR>                          36
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                              62
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   179
<AVERAGE-NET-ASSETS>                            3,474
<PER-SHARE-NAV-BEGIN>                           11.67
<PER-SHARE-NII>                                (0.05)
<PER-SHARE-GAIN-APPREC>                          1.68
<PER-SHARE-DIVIDEND>                                0
<PER-SHARE-DISTRIBUTIONS>                        0.04
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             13.26
<EXPENSE-RATIO>                                 2.50%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND VALUE EQUITY
PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 133
   <NAME> VALUE EQUITY PORTFOLIO/CLASS C
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          13,966
<INVESTMENTS-AT-VALUE>                         16,388
<RECEIVABLES>                                     111
<ASSETS-OTHER>                                     13
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 16,512
<PAYABLE-FOR-SECURITIES>                          226
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                          29
<TOTAL-LIABILITIES>                               255
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       13,738
<SHARES-COMMON-STOCK>                             197
<SHARES-COMMON-PRIOR>                             138
<ACCUMULATED-NII-CURRENT>                        (22)
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                           119
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                        2,422
<NET-ASSETS>                                   16,257
<DIVIDEND-INCOME>                                  65
<INTEREST-INCOME>                                  40
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    131
<NET-INVESTMENT-INCOME>                          (26)
<REALIZED-GAINS-CURRENT>                          124
<APPREC-INCREASE-CURRENT>                       1,748
<NET-CHANGE-FROM-OPS>                           1,846
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                           0
<DISTRIBUTIONS-OF-GAINS>                            7
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                         1,092
<NUMBER-OF-SHARES-REDEEMED>                       379
<SHARES-REINVESTED>                                 7
<NET-CHANGE-IN-ASSETS>                          6,495
<ACCUMULATED-NII-PRIOR>                             4
<ACCUMULATED-GAINS-PRIOR>                          36
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                              62
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   179
<AVERAGE-NET-ASSETS>                            2,043
<PER-SHARE-NAV-BEGIN>                           11.67
<PER-SHARE-NII>                                (0.04)
<PER-SHARE-GAIN-APPREC>                          1.68
<PER-SHARE-DIVIDEND>                                0
<PER-SHARE-DISTRIBUTIONS>                        0.04
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             13.27
<EXPENSE-RATIO>                                 2.40%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND STRATEGIC TOTAL
RETURN PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998, AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 081
   <NAME> STRATEGIC TOTAL RETURN PORTFOLIO/CLASS A
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          36,019
<INVESTMENTS-AT-VALUE>                         43,345
<RECEIVABLES>                                     365
<ASSETS-OTHER>                                     41
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 43,751
<PAYABLE-FOR-SECURITIES>                          159
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                          93
<TOTAL-LIABILITIES>                               252
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       35,631
<SHARES-COMMON-STOCK>                           1,725
<SHARES-COMMON-PRIOR>                           1,360
<ACCUMULATED-NII-CURRENT>                          77
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                           465
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                        7,326
<NET-ASSETS>                                   43,499
<DIVIDEND-INCOME>                                 225
<INTEREST-INCOME>                                 355
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    369
<NET-INVESTMENT-INCOME>                           211
<REALIZED-GAINS-CURRENT>                          477
<APPREC-INCREASE-CURRENT>                       3,295
<NET-CHANGE-FROM-OPS>                           3,983
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                         163
<DISTRIBUTIONS-OF-GAINS>                          862
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                         7,159
<NUMBER-OF-SHARES-REDEEMED>                     2,236
<SHARES-REINVESTED>                             1,015
<NET-CHANGE-IN-ASSETS>                         12,840
<ACCUMULATED-NII-PRIOR>                           281
<ACCUMULATED-GAINS-PRIOR>                       1,228
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                             181
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   373
<AVERAGE-NET-ASSETS>                           25,156
<PER-SHARE-NAV-BEGIN>                           15.91
<PER-SHARE-NII>                                  0.09
<PER-SHARE-GAIN-APPREC>                          1.71
<PER-SHARE-DIVIDEND>                             0.11
<PER-SHARE-DISTRIBUTIONS>                        0.72
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             16.99
<EXPENSE-RATIO>                                 1.85%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND STRATEGIC TOTAL
RETURN PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998, AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 082
   <NAME> STRATEGIC TOTAL RETURN PORTFOLIO/CLASS B
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          36,019
<INVESTMENTS-AT-VALUE>                         43,345
<RECEIVABLES>                                     365
<ASSETS-OTHER>                                     41
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 43,751
<PAYABLE-FOR-SECURITIES>                          159
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                          93
<TOTAL-LIABILITIES>                               252
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       35,631
<SHARES-COMMON-STOCK>                             443
<SHARES-COMMON-PRIOR>                             296
<ACCUMULATED-NII-CURRENT>                          77
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                           465
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                        7,326
<NET-ASSETS>                                   43,499
<DIVIDEND-INCOME>                                 225
<INTEREST-INCOME>                                 355
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    369
<NET-INVESTMENT-INCOME>                           211
<REALIZED-GAINS-CURRENT>                          477
<APPREC-INCREASE-CURRENT>                       3,295
<NET-CHANGE-FROM-OPS>                           3,983
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                          21
<DISTRIBUTIONS-OF-GAINS>                          198
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                         2,596
<NUMBER-OF-SHARES-REDEEMED>                       407
<SHARES-REINVESTED>                               214
<NET-CHANGE-IN-ASSETS>                         12,840
<ACCUMULATED-NII-PRIOR>                           281
<ACCUMULATED-GAINS-PRIOR>                       1,228
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                             181
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   373
<AVERAGE-NET-ASSETS>                            6,082
<PER-SHARE-NAV-BEGIN>                           15.89
<PER-SHARE-NII>                                  0.05
<PER-SHARE-GAIN-APPREC>                          1.71
<PER-SHARE-DIVIDEND>                             0.06
<PER-SHARE-DISTRIBUTIONS>                        0.67
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             16.98
<EXPENSE-RATIO>                                 2.50%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND STRATEGIC TOTAL
RETURN PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998, AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 083
   <NAME> STRATEGIC TOTAL RETURN PORTFOLIO/CLASS C
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                      <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          36,019
<INVESTMENTS-AT-VALUE>                         43,345
<RECEIVABLES>                                     365
<ASSETS-OTHER>                                     41
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 43,751
<PAYABLE-FOR-SECURITIES>                          159
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                          93
<TOTAL-LIABILITIES>                               252
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       35,631
<SHARES-COMMON-STOCK>                             392
<SHARES-COMMON-PRIOR>                             273
<ACCUMULATED-NII-CURRENT>                          77
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                           465
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                        7,326
<NET-ASSETS>                                   43,499
<DIVIDEND-INCOME>                                 225
<INTEREST-INCOME>                                 355
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    369
<NET-INVESTMENT-INCOME>                           211
<REALIZED-GAINS-CURRENT>                          477
<APPREC-INCREASE-CURRENT>                       3,295
<NET-CHANGE-FROM-OPS>                           3,983
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                          20
<DISTRIBUTIONS-OF-GAINS>                          176
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                         2,636
<NUMBER-OF-SHARES-REDEEMED>                       875
<SHARES-REINVESTED>                               195
<NET-CHANGE-IN-ASSETS>                         12,840
<ACCUMULATED-NII-PRIOR>                           281
<ACCUMULATED-GAINS-PRIOR>                       1,228
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                             181
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   373
<AVERAGE-NET-ASSETS>                            5,339
<PER-SHARE-NAV-BEGIN>                           15.90
<PER-SHARE-NII>                                  0.05
<PER-SHARE-GAIN-APPREC>                          1.71
<PER-SHARE-DIVIDEND>                             0.07
<PER-SHARE-DISTRIBUTIONS>                        0.68
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             16.98
<EXPENSE-RATIO>                                 2.40%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND TACTICAL ASSET
ALLOCATION PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998,
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 101
   <NAME> TACTICAL ASSET ALLOCATION PORTFOLIO/CLASS A
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          30,935
<INVESTMENTS-AT-VALUE>                         34,853
<RECEIVABLES>                                     350
<ASSETS-OTHER>                                     32
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 35,235
<PAYABLE-FOR-SECURITIES>                          209
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                          99
<TOTAL-LIABILITIES>                               308
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       29,600
<SHARES-COMMON-STOCK>                           1,103
<SHARES-COMMON-PRIOR>                             932
<ACCUMULATED-NII-CURRENT>                         106
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                         1,303
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                        3,918
<NET-ASSETS>                                   34,927
<DIVIDEND-INCOME>                                 153
<INTEREST-INCOME>                                 404
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    333
<NET-INVESTMENT-INCOME>                           224
<REALIZED-GAINS-CURRENT>                        1,303
<APPREC-INCREASE-CURRENT>                       1,321
<NET-CHANGE-FROM-OPS>                           2,848
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                         100
<DISTRIBUTIONS-OF-GAINS>                          688
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                         3,175
<NUMBER-OF-SHARES-REDEEMED>                     1,723
<SHARES-REINVESTED>                               774
<NET-CHANGE-IN-ASSETS>                          7,801
<ACCUMULATED-NII-PRIOR>                           275
<ACCUMULATED-GAINS-PRIOR>                       1,555
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                             151
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   337
<AVERAGE-NET-ASSETS>                           13,343
<PER-SHARE-NAV-BEGIN>                           13.19
<PER-SHARE-NII>                                  0.11
<PER-SHARE-GAIN-APPREC>                          1.12
<PER-SHARE-DIVIDEND>                             0.10
<PER-SHARE-DISTRIBUTIONS>                        0.83
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             13.59
<EXPENSE-RATIO>                                 1.85%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND TACTICAL ASSET
ALLOCATION PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998,
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 102
   <NAME> TACTICAL ASSET ALLOCATION PORTFOLIO/CLASS B
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          30,935
<INVESTMENTS-AT-VALUE>                         34,853
<RECEIVABLES>                                     350
<ASSETS-OTHER>                                     32
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 35,235
<PAYABLE-FOR-SECURITIES>                          209
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                          99
<TOTAL-LIABILITIES>                               308
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       29,600
<SHARES-COMMON-STOCK>                             950
<SHARES-COMMON-PRIOR>                             740
<ACCUMULATED-NII-CURRENT>                         106
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                         1,303
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                        3,918
<NET-ASSETS>                                   34,927
<DIVIDEND-INCOME>                                 153
<INTEREST-INCOME>                                 404
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    333
<NET-INVESTMENT-INCOME>                           224
<REALIZED-GAINS-CURRENT>                        1,303
<APPREC-INCREASE-CURRENT>                       1,321
<NET-CHANGE-FROM-OPS>                           2,848
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                          50
<DISTRIBUTIONS-OF-GAINS>                          562
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                         3,555
<NUMBER-OF-SHARES-REDEEMED>                     1,422
<SHARES-REINVESTED>                               607
<NET-CHANGE-IN-ASSETS>                          7,801
<ACCUMULATED-NII-PRIOR>                           275
<ACCUMULATED-GAINS-PRIOR>                       1,555
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                             151
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   337
<AVERAGE-NET-ASSETS>                           11,215
<PER-SHARE-NAV-BEGIN>                           13.18
<PER-SHARE-NII>                                  0.07
<PER-SHARE-GAIN-APPREC>                          1.12
<PER-SHARE-DIVIDEND>                             0.06
<PER-SHARE-DISTRIBUTIONS>                        0.79
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             13.58
<EXPENSE-RATIO>                                 2.50%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND TACTICAL ASSET
ALLOCATION PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998,
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 103
   <NAME> TACTICAL ASSET ALLOCATION PORTFOLIO/CLASS C
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          30,935
<INVESTMENTS-AT-VALUE>                         34,853
<RECEIVABLES>                                     350
<ASSETS-OTHER>                                     32
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 35,235
<PAYABLE-FOR-SECURITIES>                          209
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                          99
<TOTAL-LIABILITIES>                               308
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       29,600
<SHARES-COMMON-STOCK>                             519
<SHARES-COMMON-PRIOR>                             386
<ACCUMULATED-NII-CURRENT>                         106
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                         1,303
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                        3,918
<NET-ASSETS>                                   34,927
<DIVIDEND-INCOME>                                 153
<INTEREST-INCOME>                                 404
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    333
<NET-INVESTMENT-INCOME>                           224
<REALIZED-GAINS-CURRENT>                        1,303
<APPREC-INCREASE-CURRENT>                       1,321
<NET-CHANGE-FROM-OPS>                           2,848
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                          30
<DISTRIBUTIONS-OF-GAINS>                          302
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                         2,564
<NUMBER-OF-SHARES-REDEEMED>                     1,176
<SHARES-REINVESTED>                               331
<NET-CHANGE-IN-ASSETS>                          7,801
<ACCUMULATED-NII-PRIOR>                           275
<ACCUMULATED-GAINS-PRIOR>                       1,555
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                             151
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   337
<AVERAGE-NET-ASSETS>                            6,032
<PER-SHARE-NAV-BEGIN>                           13.18
<PER-SHARE-NII>                                  0.08
<PER-SHARE-GAIN-APPREC>                          1.12
<PER-SHARE-DIVIDEND>                             0.07
<PER-SHARE-DISTRIBUTIONS>                        0.80
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             13.58
<EXPENSE-RATIO>                                 2.40%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND BALANCED PORTFOLIO
FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 091
   <NAME> BALANCED PORTFOLIO/CLASS A
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          21,835
<INVESTMENTS-AT-VALUE>                         25,465
<RECEIVABLES>                                     373
<ASSETS-OTHER>                                      4
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 25,842
<PAYABLE-FOR-SECURITIES>                            0
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                         114
<TOTAL-LIABILITIES>                               114
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       21,704
<SHARES-COMMON-STOCK>                           1,271
<SHARES-COMMON-PRIOR>                             935
<ACCUMULATED-NII-CURRENT>                          32
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                           361
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                        3,631
<NET-ASSETS>                                   25,728
<DIVIDEND-INCOME>                                  67
<INTEREST-INCOME>                                 240
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    202
<NET-INVESTMENT-INCOME>                           105
<REALIZED-GAINS-CURRENT>                          344
<APPREC-INCREASE-CURRENT>                       2,127
<NET-CHANGE-FROM-OPS>                           2,576
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                          83
<DISTRIBUTIONS-OF-GAINS>                        1,281
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                         4,371
<NUMBER-OF-SHARES-REDEEMED>                     1,156
<SHARES-REINVESTED>                             1,359
<NET-CHANGE-IN-ASSETS>                          8,170
<ACCUMULATED-NII-PRIOR>                           155
<ACCUMULATED-GAINS-PRIOR>                       1,751
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                             101
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   238
<AVERAGE-NET-ASSETS>                           15,156
<PER-SHARE-NAV-BEGIN>                           14.34
<PER-SHARE-NII>                                  0.08
<PER-SHARE-GAIN-APPREC>                          1.60
<PER-SHARE-DIVIDEND>                             0.08
<PER-SHARE-DISTRIBUTIONS>                        1.43
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             14.59
<EXPENSE-RATIO>                                 1.85%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND BALANCED PORTFOLIO
FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 092
   <NAME> BALANCED PORTFOLIO/CLASS B
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          21,835
<INVESTMENTS-AT-VALUE>                         25,465
<RECEIVABLES>                                     373
<ASSETS-OTHER>                                      4
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 25,842
<PAYABLE-FOR-SECURITIES>                            0
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                         114
<TOTAL-LIABILITIES>                               114
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       21,704
<SHARES-COMMON-STOCK>                             306
<SHARES-COMMON-PRIOR>                             180
<ACCUMULATED-NII-CURRENT>                          32
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                           361
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                        3,631
<NET-ASSETS>                                   25,728
<DIVIDEND-INCOME>                                  67
<INTEREST-INCOME>                                 240
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    202
<NET-INVESTMENT-INCOME>                           105
<REALIZED-GAINS-CURRENT>                          344
<APPREC-INCREASE-CURRENT>                       2,127
<NET-CHANGE-FROM-OPS>                           2,576
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                           8
<DISTRIBUTIONS-OF-GAINS>                          260
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                         1,635
<NUMBER-OF-SHARES-REDEEMED>                       171
<SHARES-REINVESTED>                               262
<NET-CHANGE-IN-ASSETS>                          8,170
<ACCUMULATED-NII-PRIOR>                           155
<ACCUMULATED-GAINS-PRIOR>                       1,751
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                             101
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   238
<AVERAGE-NET-ASSETS>                            3,312
<PER-SHARE-NAV-BEGIN>                           14.33
<PER-SHARE-NII>                                  0.04
<PER-SHARE-GAIN-APPREC>                          1.60
<PER-SHARE-DIVIDEND>                             0.04
<PER-SHARE-DISTRIBUTIONS>                        1.39
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             14.58
<EXPENSE-RATIO>                                 2.50%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND BALANCED PORTFOLIO
FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 093
   <NAME> BALANCED PORTFOLIO/CLASS C
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          21,835
<INVESTMENTS-AT-VALUE>                         25,465
<RECEIVABLES>                                     373
<ASSETS-OTHER>                                      4
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 25,842
<PAYABLE-FOR-SECURITIES>                            0
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                         114
<TOTAL-LIABILITIES>                               114
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       21,704
<SHARES-COMMON-STOCK>                             187
<SHARES-COMMON-PRIOR>                             109
<ACCUMULATED-NII-CURRENT>                          32
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                           361
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                        3,631
<NET-ASSETS>                                   25,728
<DIVIDEND-INCOME>                                  67
<INTEREST-INCOME>                                 240
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    202
<NET-INVESTMENT-INCOME>                           105
<REALIZED-GAINS-CURRENT>                          344
<APPREC-INCREASE-CURRENT>                       2,127
<NET-CHANGE-FROM-OPS>                           2,576
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                           5
<DISTRIBUTIONS-OF-GAINS>                          157
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                         1,449
<NUMBER-OF-SHARES-REDEEMED>                       520
<SHARES-REINVESTED>                               159
<NET-CHANGE-IN-ASSETS>                          8,170
<ACCUMULATED-NII-PRIOR>                           155
<ACCUMULATED-GAINS-PRIOR>                       1,751
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                             101
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   238
<AVERAGE-NET-ASSETS>                            1,893
<PER-SHARE-NAV-BEGIN>                           14.33
<PER-SHARE-NII>                                  0.04
<PER-SHARE-GAIN-APPREC>                          1.60
<PER-SHARE-DIVIDEND>                             0.04
<PER-SHARE-DISTRIBUTIONS>                        1.39
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             14.58
<EXPENSE-RATIO>                                 2.40%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND FLEXIBLE INCOME
PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 051
   <NAME> FLEXIBLE INCOME PORTFOLIO/CLASS A
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                     <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          15,117
<INVESTMENTS-AT-VALUE>                         15,902
<RECEIVABLES>                                     469
<ASSETS-OTHER>                                      4
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 16,375
<PAYABLE-FOR-SECURITIES>                            0
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                         125
<TOTAL-LIABILITIES>                               125
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       15,841
<SHARES-COMMON-STOCK>                           1,444
<SHARES-COMMON-PRIOR>                           1,593
<ACCUMULATED-NII-CURRENT>                          40
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                         (417)
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                          786
<NET-ASSETS>                                   16,250
<DIVIDEND-INCOME>                                   6
<INTEREST-INCOME>                                 687
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    160
<NET-INVESTMENT-INCOME>                           533
<REALIZED-GAINS-CURRENT>                          272
<APPREC-INCREASE-CURRENT>                        (19)
<NET-CHANGE-FROM-OPS>                             786
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                         489
<DISTRIBUTIONS-OF-GAINS>                            0
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                           585
<NUMBER-OF-SHARES-REDEEMED>                     2,427
<SHARES-REINVESTED>                               378
<NET-CHANGE-IN-ASSETS>                          (956)
<ACCUMULATED-NII-PRIOR>                         1,102
<ACCUMULATED-GAINS-PRIOR>                         328
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                              75
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   169
<AVERAGE-NET-ASSETS>                           14,891
<PER-SHARE-NAV-BEGIN>                            9.75
<PER-SHARE-NII>                                  0.26
<PER-SHARE-GAIN-APPREC>                          0.15
<PER-SHARE-DIVIDEND>                             0.27
<PER-SHARE-DISTRIBUTIONS>                        0.27
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                              9.89
<EXPENSE-RATIO>                                 1.85%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND FLEXIBLE INCOME
PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 052
   <NAME> FLEXIBLE INCOME PORTFOLIO/CLASS B
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          15,117
<INVESTMENTS-AT-VALUE>                         15,902
<RECEIVABLES>                                     469
<ASSETS-OTHER>                                      4
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 16,375
<PAYABLE-FOR-SECURITIES>                            0
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                         125
<TOTAL-LIABILITIES>                               125
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       15,841
<SHARES-COMMON-STOCK>                              92
<SHARES-COMMON-PRIOR>                              77
<ACCUMULATED-NII-CURRENT>                          40
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                         (417)
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                          786
<NET-ASSETS>                                   16,250
<DIVIDEND-INCOME>                                   6
<INTEREST-INCOME>                                 687
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    160
<NET-INVESTMENT-INCOME>                           533
<REALIZED-GAINS-CURRENT>                          272
<APPREC-INCREASE-CURRENT>                        (19)
<NET-CHANGE-FROM-OPS>                             786
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                          24
<DISTRIBUTIONS-OF-GAINS>                            0
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                           196
<NUMBER-OF-SHARES-REDEEMED>                        62
<SHARES-REINVESTED>                                20
<NET-CHANGE-IN-ASSETS>                          (956)
<ACCUMULATED-NII-PRIOR>                         1,102
<ACCUMULATED-GAINS-PRIOR>                         328
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                              75
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   169
<AVERAGE-NET-ASSETS>                              809
<PER-SHARE-NAV-BEGIN>                            9.75
<PER-SHARE-NII>                                  0.23
<PER-SHARE-GAIN-APPREC>                          0.15
<PER-SHARE-DIVIDEND>                             0.24
<PER-SHARE-DISTRIBUTIONS>                        0.24
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                              9.89
<EXPENSE-RATIO>                                 2.50%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND FLEXIBLE INCOME
PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 053
   <NAME> FLEXIBLE INCOME PORTFOLIO/CLASS C
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          15,117
<INVESTMENTS-AT-VALUE>                         15,902
<RECEIVABLES>                                     469
<ASSETS-OTHER>                                      4
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 16,375
<PAYABLE-FOR-SECURITIES>                            0
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                         125
<TOTAL-LIABILITIES>                               125
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       15,841
<SHARES-COMMON-STOCK>                             107
<SHARES-COMMON-PRIOR>                              95
<ACCUMULATED-NII-CURRENT>                          40
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                         (417)
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                          786
<NET-ASSETS>                                   16,250
<DIVIDEND-INCOME>                                   6
<INTEREST-INCOME>                                 687
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    160
<NET-INVESTMENT-INCOME>                           533
<REALIZED-GAINS-CURRENT>                          272
<APPREC-INCREASE-CURRENT>                        (19)
<NET-CHANGE-FROM-OPS>                             786
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                          34
<DISTRIBUTIONS-OF-GAINS>                            0
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                           549
<NUMBER-OF-SHARES-REDEEMED>                       467
<SHARES-REINVESTED>                                33
<NET-CHANGE-IN-ASSETS>                          (956)
<ACCUMULATED-NII-PRIOR>                         1,102
<ACCUMULATED-GAINS-PRIOR>                         328
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                              75
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   169
<AVERAGE-NET-ASSETS>                            1,101
<PER-SHARE-NAV-BEGIN>                            9.75
<PER-SHARE-NII>                                  0.24
<PER-SHARE-GAIN-APPREC>                          0.15
<PER-SHARE-DIVIDEND>                             0.25
<PER-SHARE-DISTRIBUTIONS>                        0.25
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                              9.89
<EXPENSE-RATIO>                                 2.40%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND INCOME PLUS
PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 031
   <NAME> INCOME PLUS PORTFOLIO/CLASS A
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          70,913
<INVESTMENTS-AT-VALUE>                         73,384
<RECEIVABLES>                                   1,373
<ASSETS-OTHER>                                      5
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 74,762
<PAYABLE-FOR-SECURITIES>                            0
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                       2,577
<TOTAL-LIABILITIES>                             2,577
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       68,588
<SHARES-COMMON-STOCK>                           6,050
<SHARES-COMMON-PRIOR>                           5,986
<ACCUMULATED-NII-CURRENT>                         232
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                           894
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                        2,471
<NET-ASSETS>                                   72,185
<DIVIDEND-INCOME>                                 199
<INTEREST-INCOME>                               2,576
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    469
<NET-INVESTMENT-INCOME>                         2,306
<REALIZED-GAINS-CURRENT>                          893
<APPREC-INCREASE-CURRENT>                       (921)
<NET-CHANGE-FROM-OPS>                           2,278
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                       2,192
<DISTRIBUTIONS-OF-GAINS>                        1,318
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                        13,586
<NUMBER-OF-SHARES-REDEEMED>                    15,605
<SHARES-REINVESTED>                             2,722
<NET-CHANGE-IN-ASSETS>                          1,332
<ACCUMULATED-NII-PRIOR>                         4,938
<ACCUMULATED-GAINS-PRIOR>                       1,592
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                             216
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   469
<AVERAGE-NET-ASSETS>                           66,232
<PER-SHARE-NAV-BEGIN>                           10.96
<PER-SHARE-NII>                                  0.27
<PER-SHARE-GAIN-APPREC>                          0.01
<PER-SHARE-DIVIDEND>                             0.29
<PER-SHARE-DISTRIBUTIONS>                        0.51
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             10.73
<EXPENSE-RATIO>                                 1.25%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND INCOME PLUS
PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 032
   <NAME> INCOME PLUS PORTFOLIO/CLASS B
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          70,913
<INVESTMENTS-AT-VALUE>                         73,384
<RECEIVABLES>                                   1,373
<ASSETS-OTHER>                                      5
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 74,762
<PAYABLE-FOR-SECURITIES>                            0
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                       2,577
<TOTAL-LIABILITIES>                             2,577
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       68,588
<SHARES-COMMON-STOCK>                             267
<SHARES-COMMON-PRIOR>                             161
<ACCUMULATED-NII-CURRENT>                         232
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                           894
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                        2,471
<NET-ASSETS>                                   72,185
<DIVIDEND-INCOME>                                 199
<INTEREST-INCOME>                               2,576
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    469
<NET-INVESTMENT-INCOME>                         2,306
<REALIZED-GAINS-CURRENT>                          893
<APPREC-INCREASE-CURRENT>                       (921)
<NET-CHANGE-FROM-OPS>                           2,278
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                          67
<DISTRIBUTIONS-OF-GAINS>                           38
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                         1,140
<NUMBER-OF-SHARES-REDEEMED>                        74
<SHARES-REINVESTED>                                78
<NET-CHANGE-IN-ASSETS>                          1,332
<ACCUMULATED-NII-PRIOR>                         4,938
<ACCUMULATED-GAINS-PRIOR>                       1,592
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                             216
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   469
<AVERAGE-NET-ASSETS>                            2,280
<PER-SHARE-NAV-BEGIN>                           10.96
<PER-SHARE-NII>                                  0.23
<PER-SHARE-GAIN-APPREC>                          0.01
<PER-SHARE-DIVIDEND>                             0.26
<PER-SHARE-DISTRIBUTIONS>                        0.48
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             10.72
<EXPENSE-RATIO>                                 1.90%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND INCOME PLUS
PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 033
   <NAME> INCOME PLUS PORTFOLIO/CLASS C
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLARS
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          70,913
<INVESTMENTS-AT-VALUE>                         73,384
<RECEIVABLES>                                   1,373
<ASSETS-OTHER>                                      5
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 74,762
<PAYABLE-FOR-SECURITIES>                            0
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                       2,577
<TOTAL-LIABILITIES>                             2,577
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       68,588
<SHARES-COMMON-STOCK>                             412
<SHARES-COMMON-PRIOR>                             318
<ACCUMULATED-NII-CURRENT>                         232
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                           894
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                        2,471
<NET-ASSETS>                                   72,185
<DIVIDEND-INCOME>                                 199
<INTEREST-INCOME>                               2,576
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    469
<NET-INVESTMENT-INCOME>                         2,306
<REALIZED-GAINS-CURRENT>                          893
<APPREC-INCREASE-CURRENT>                       (921)
<NET-CHANGE-FROM-OPS>                           2,278
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                         123
<DISTRIBUTIONS-OF-GAINS>                           77
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                         1,787
<NUMBER-OF-SHARES-REDEEMED>                       948
<SHARES-REINVESTED>                               183
<NET-CHANGE-IN-ASSETS>                          1,332
<ACCUMULATED-NII-PRIOR>                         4,938
<ACCUMULATED-GAINS-PRIOR>                       1,592
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                             216
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   469
<AVERAGE-NET-ASSETS>                            4,067
<PER-SHARE-NAV-BEGIN>                           10.96
<PER-SHARE-NII>                                  0.25
<PER-SHARE-GAIN-APPREC>                          0.01
<PER-SHARE-DIVIDEND>                             0.27
<PER-SHARE-DISTRIBUTIONS>                        0.49
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             10.73
<EXPENSE-RATIO>                                 1.80%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND TAX-EXEMPT
PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 021
   <NAME> TAX-EXEMPT PORTFOLIO/CLASS A
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLAR
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          23,704
<INVESTMENTS-AT-VALUE>                         24,407
<RECEIVABLES>                                     411
<ASSETS-OTHER>                                    250
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 25,068
<PAYABLE-FOR-SECURITIES>                          967
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                          86
<TOTAL-LIABILITIES>                             1,053
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       22,950
<SHARES-COMMON-STOCK>                           1,951
<SHARES-COMMON-PRIOR>                           1,985
<ACCUMULATED-NII-CURRENT>                          50
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                           311
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                          704
<NET-ASSETS>                                   24,015
<DIVIDEND-INCOME>                                   0
<INTEREST-INCOME>                                 662
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    139
<NET-INVESTMENT-INCOME>                           523
<REALIZED-GAINS-CURRENT>                          350
<APPREC-INCREASE-CURRENT>                       (232)
<NET-CHANGE-FROM-OPS>                             641
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                         488
<DISTRIBUTIONS-OF-GAINS>                          305
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                         4,499
<NUMBER-OF-SHARES-REDEEMED>                     5,433
<SHARES-REINVESTED>                               541
<NET-CHANGE-IN-ASSETS>                          (603)
<ACCUMULATED-NII-PRIOR>                         1,130
<ACCUMULATED-GAINS-PRIOR>                         286
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                              74
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   167
<AVERAGE-NET-ASSETS>                           23,461
<PER-SHARE-NAV-BEGIN>                           11.75
<PER-SHARE-NII>                                  0.20
<PER-SHARE-GAIN-APPREC>                          0.05
<PER-SHARE-DIVIDEND>                             0.20
<PER-SHARE-DISTRIBUTIONS>                        0.35
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             11.65
<EXPENSE-RATIO>                                 1.12%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND TAX-EXEMPT
PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 022
   <NAME> TAX-EXEMPT PORTFOLIO/CLASS B
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLAR
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          23,704
<INVESTMENTS-AT-VALUE>                         24,407
<RECEIVABLES>                                     411
<ASSETS-OTHER>                                    250
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 25,068
<PAYABLE-FOR-SECURITIES>                          967
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                          86
<TOTAL-LIABILITIES>                             1,053
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       22,950
<SHARES-COMMON-STOCK>                              34
<SHARES-COMMON-PRIOR>                              32
<ACCUMULATED-NII-CURRENT>                          50
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                           311
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                          704
<NET-ASSETS>                                   24,015
<DIVIDEND-INCOME>                                   0
<INTEREST-INCOME>                                 662
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    139
<NET-INVESTMENT-INCOME>                           523
<REALIZED-GAINS-CURRENT>                          350
<APPREC-INCREASE-CURRENT>                       (232)
<NET-CHANGE-FROM-OPS>                             641
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                           7
<DISTRIBUTIONS-OF-GAINS>                            5
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                            74
<NUMBER-OF-SHARES-REDEEMED>                        57
<SHARES-REINVESTED>                                 8
<NET-CHANGE-IN-ASSETS>                          (603)
<ACCUMULATED-NII-PRIOR>                         1,130
<ACCUMULATED-GAINS-PRIOR>                         286
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                              74
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   167
<AVERAGE-NET-ASSETS>                              380
<PER-SHARE-NAV-BEGIN>                           11.74
<PER-SHARE-NII>                                  0.18
<PER-SHARE-GAIN-APPREC>                          0.05
<PER-SHARE-DIVIDEND>                             0.17
<PER-SHARE-DISTRIBUTIONS>                        0.32
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             11.65
<EXPENSE-RATIO>                                 1.77%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF IDEX SERIES FUND TAX-EXEMPT
PORTFOLIO FOR THE PERIOD ENDED APRIL 30, 1998, AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>  0000787623
<NAME>  IDEX SERIES FUND
<SERIES>
   <NUMBER> 023
   <NAME> TAX-EXEMPT PORTFOLIO/CLASS C
<MULTIPLIER> 1,000
<CURRENCY>  U.S. DOLLAR
       
<S>                                       <C>
<PERIOD-TYPE>                                   6-MOS
<FISCAL-YEAR-END>                         OCT-31-1997
<PERIOD-END>                              APR-30-1998
<EXCHANGE-RATE>                                     1
<INVESTMENTS-AT-COST>                          23,704
<INVESTMENTS-AT-VALUE>                         24,407
<RECEIVABLES>                                     411
<ASSETS-OTHER>                                    250
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                                 25,068
<PAYABLE-FOR-SECURITIES>                          967
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                          86
<TOTAL-LIABILITIES>                             1,053
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                       22,950
<SHARES-COMMON-STOCK>                              75
<SHARES-COMMON-PRIOR>                              78
<ACCUMULATED-NII-CURRENT>                          50
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                           311
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                          704
<NET-ASSETS>                                   24,015
<DIVIDEND-INCOME>                                   0
<INTEREST-INCOME>                                 662
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                    139
<NET-INVESTMENT-INCOME>                           523
<REALIZED-GAINS-CURRENT>                          350
<APPREC-INCREASE-CURRENT>                       (232)
<NET-CHANGE-FROM-OPS>                             641
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                          18
<DISTRIBUTIONS-OF-GAINS>                           12
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                           124
<NUMBER-OF-SHARES-REDEEMED>                       392
<SHARES-REINVESTED>                               227
<NET-CHANGE-IN-ASSETS>                          (603)
<ACCUMULATED-NII-PRIOR>                         1,130
<ACCUMULATED-GAINS-PRIOR>                         286
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                              74
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                   167
<AVERAGE-NET-ASSETS>                              908
<PER-SHARE-NAV-BEGIN>                           11.75
<PER-SHARE-NII>                                  0.19
<PER-SHARE-GAIN-APPREC>                          0.05
<PER-SHARE-DIVIDEND>                             0.19
<PER-SHARE-DISTRIBUTIONS>                        0.34
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             11.65
<EXPENSE-RATIO>                                 1.37%
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        
<PAGE>

</TABLE>


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