IDEX SERIES FUND
485BPOS, EX-99.J, 2000-09-01
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                                                                    EXHIBIT 99.j


                               EXHIBIT 23(J)(1)(2)
                    CONSENT OF PRICEWATERHOUSECOOPERS LLP AND
                    CONSENT OF SUTHERLAND ASBILL BRENNAN LLP


<PAGE>


CONSENT OF INDEPENDENT ACCOUNTANTS

We hereby consent to the incorporation by reference in this Post-Effective
Amendment No. 38 to the registration statement on Form N-1A ("Registration
Statement") of our report dated December 15, 1999, relating to the financial
statements and financial highlights which appears in the October 31, 1999 Annual
Report to Shareholders of the IDEX Mutual Funds (the "Fund"), which is also
incorporated by reference into the Registration Statement. We also consent to
the references to us under the headings "Financial Highlights" and "Independent
Certified Public Accountants" in the Prospectus and under the heading "Legal
Counsel and Independent Certified Public Accountants" in the Statement of
Additional Information.

PRICEWATERHOUSECOOPERS LLP

Tampa, Florida
SEPTEMBER 1, 2000


<PAGE>

(Sutherland Asbill & Brennan LLP letterhead)


                   CONSENT OF SUTHERLAND ASBILL & BRENNAN LLP

We consent to the reference to our firm under the heading "Legal Counsel and
Independent Certified Public Accountants" in the statement of additional
information included in Post Effective Amendment No. 38 to the Registration
Statement on Form N-1A for IDEX Mutual Funds (File No. 33-2659). In giving this
consent, we do not admit that we are in the category of persons whose consent is
required under Section 7 of the Securities Act of 1933.

                                         SUTHERLAND ASBILL & BRENNAN LLP


                                By:      /S/KIMBERLY J. SMITH
                                         --------------------
                                         Kimberly J. Smith, Esq.


Washington, D.C.
August 31, 2000


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