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 MUTUAL FUNDS ALGER AGGRESSIVE GROWTH FOR THE
PERIOD ENDED OCTOBER 31, 2000, AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000787623
<NAME> IDEX MUTUAL FUNDS
<SERIES>
<NUMBER> 061
<NAME> IDEX ALGER AGGRESSIVE GROWTH/CLASS A
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-END> OCT-31-2000
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 313,922
<INVESTMENTS-AT-VALUE> 327,764
<RECEIVABLES> 20,025
<ASSETS-OTHER> 494
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 348,283
<PAYABLE-FOR-SECURITIES> 16,984
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,071
<TOTAL-LIABILITIES> 18,055
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 313,420
<SHARES-COMMON-STOCK> 5,136
<SHARES-COMMON-PRIOR> 4,223
<ACCUMULATED-NII-CURRENT> (12)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,975
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 13,845
<NET-ASSETS> 330,228
<DIVIDEND-INCOME> 403
<INTEREST-INCOME> 1,451
<OTHER-INCOME> 0
<EXPENSES-NET> 5,590
<NET-INVESTMENT-INCOME> (3,736)
<REALIZED-GAINS-CURRENT> 4,318
<APPREC-INCREASE-CURRENT> (27,750)
<NET-CHANGE-FROM-OPS> (27,168)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 9,201
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 221,875
<NUMBER-OF-SHARES-REDEEMED> 150,321
<SHARES-REINVESTED> 9,006
<NET-CHANGE-IN-ASSETS> 164,213
<ACCUMULATED-NII-PRIOR> (1,511)
<ACCUMULATED-GAINS-PRIOR> 16,203
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,415
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 6,243
<AVERAGE-NET-ASSETS> 156,706
<PER-SHARE-NAV-BEGIN> 33.05
<PER-SHARE-NII> (0.13)
<PER-SHARE-GAIN-APPREC> 2.15
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (3.00)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 32.07
<EXPENSE-RATIO> 1.55
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
