AVESTA TRUST
NSAR-A, 1998-08-17
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<PAGE>      PAGE  1
000 A000000 06/30/98
000 C000000 0000803747
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 MUTUAL FUND INVESTMENT TRUST (FORMERLY AVESTA
001 B000000 811-5526
001 C000000 2125524800
002 A000000 ONE CHASE MANHATTAN PLAZA - 3RD FL
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10081
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007 C021000 INTERMEDIATE TERM BOND FUND
<PAGE>      PAGE  2
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008 A00AA02 CHASE BANK OF TEXAS
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<PAGE>      PAGE  3
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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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
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<PAGE>      PAGE  13
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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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070 I020500 N
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<PAGE>      PAGE  20
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<PAGE>      PAGE  21
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<PAGE>      PAGE  22
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<PAGE>      PAGE  23
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<PAGE>      PAGE  24
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<PAGE>      PAGE  25
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<PAGE>      PAGE  26
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<PAGE>      PAGE  27
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<PAGE>      PAGE  28
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<PAGE>      PAGE  29
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<PAGE>      PAGE  30
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<PAGE>      PAGE  31
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<PAGE>      PAGE  32
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<PAGE>      PAGE  33
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<PAGE>      PAGE  34
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<PAGE>      PAGE  35
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<PAGE>      PAGE  36
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<PAGE>      PAGE  37
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<PAGE>      PAGE  38
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074 N001000    24556
074 O001000        0
074 P001000       14
074 Q001000        0
074 R011000        0
074 R021000        0
074 R031000        0
074 R041000       25
074 S001000        0
074 T001000    24517
074 U011000     1908
074 U021000        0
074 V011000    12.85
074 V021000     0.00
074 W001000   0.0000
074 X001000       11
074 Y001000        0
075 A001000        0
075 B001000    21463
076  001000     0.00
SIGNATURE   DEAN B. HARRIS                               
TITLE       2VP                 
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000803747
<NAME> MUTUAL FUND INVESTMENT TRUST
<SERIES>
   <NUMBER> 7
   <NAME> CAHSE SMALL CAPITALIZATION FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                       49,740,394
<INVESTMENTS-AT-VALUE>                      56,578,290
<RECEIVABLES>                                  205,044
<ASSETS-OTHER>                                     285
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              56,783,619
<PAYABLE-FOR-SECURITIES>                       747,661
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       86,550
<TOTAL-LIABILITIES>                            834,211
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    45,949,425
<SHARES-COMMON-STOCK>                        2,500,246
<SHARES-COMMON-PRIOR>                        1,837,939
<ACCUMULATED-NII-CURRENT>                     (36,812)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      3,198,899
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     6,837,896
<NET-ASSETS>                                55,949,408
<DIVIDEND-INCOME>                              104,947
<INTEREST-INCOME>                              106,824
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 248,583
<NET-INVESTMENT-INCOME>                       (36,812)
<REALIZED-GAINS-CURRENT>                     3,198,899
<APPREC-INCREASE-CURRENT>                  (2,204,862)
<NET-CHANGE-FROM-OPS>                          957,255
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        898,125
<NUMBER-OF-SHARES-REDEEMED>                  (235,818)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                      14,963,871
<ACCUMULATED-NII-PRIOR>                        158,428
<ACCUMULATED-GAINS-PRIOR>                    4,913,551
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          186,437
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                318,881
<AVERAGE-NET-ASSETS>                        50,257,955
<PER-SHARE-NAV-BEGIN>                            21.78
<PER-SHARE-NII>                                (0.015)
<PER-SHARE-GAIN-APPREC>                          0.615
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              22.38
<EXPENSE-RATIO>                                  1.000
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000803747
<NAME> MUTUAL FUND INVESTMENT TRUST
<SERIES>
   <NUMBER> 6
   <NAME> CHASE CORE EQUITY FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                       45,871,771
<INVESTMENTS-AT-VALUE>                      70,309,931
<RECEIVABLES>                                   90,046
<ASSETS-OTHER>                                     513
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              70,400,490
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      124,583
<TOTAL-LIABILITIES>                            124,583
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    43,842,048
<SHARES-COMMON-STOCK>                        2,814,882
<SHARES-COMMON-PRIOR>                        2,418,258
<ACCUMULATED-NII-CURRENT>                        2,656
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      1,993,043
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    24,438,160
<NET-ASSETS>                                70,275,907
<DIVIDEND-INCOME>                              368,771
<INTEREST-INCOME>                               73,100
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 305,308
<NET-INVESTMENT-INCOME>                        136,563
<REALIZED-GAINS-CURRENT>                     1,993,043
<APPREC-INCREASE-CURRENT>                    7,678,641
<NET-CHANGE-FROM-OPS>                        9,808,247
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (133,907)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        719,155
<NUMBER-OF-SHARES-REDEEMED>                  (327,973)
<SHARES-REINVESTED>                              5,442
<NET-CHANGE-IN-ASSETS>                       9,204,065
<ACCUMULATED-NII-PRIOR>                      1,238,604
<ACCUMULATED-GAINS-PRIOR>                    2,519,408
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          228,981
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                370,387
<AVERAGE-NET-ASSETS>                        61,748,064
<PER-SHARE-NAV-BEGIN>                            21.25
<PER-SHARE-NII>                                    .05
<PER-SHARE-GAIN-APPREC>                          3.719
<PER-SHARE-DIVIDEND>                           (0.049)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              24.97
<EXPENSE-RATIO>                                   1.00
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000803747
<NAME> MUTUAL FUND INVESTMENT TRUST
<SERIES>
   <NUMBER> 1
   <NAME> CHASE EQUITY GROWTH FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                       78,107,534
<INVESTMENTS-AT-VALUE>                     125,596,808
<RECEIVABLES>                                  155,779
<ASSETS-OTHER>                                     931
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             125,753,518
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      149,211
<TOTAL-LIABILITIES>                            149,211
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    73,976,442
<SHARES-COMMON-STOCK>                        2,678,998
<SHARES-COMMON-PRIOR>                        2,000,502
<ACCUMULATED-NII-CURRENT>                        1,887
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      4,136,704
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    47,489,274
<NET-ASSETS>                               125,604,307
<DIVIDEND-INCOME>                              435,247
<INTEREST-INCOME>                              133,749
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 518,166
<NET-INVESTMENT-INCOME>                         50,830
<REALIZED-GAINS-CURRENT>                     4,136,704
<APPREC-INCREASE-CURRENT>                   16,894,188
<NET-CHANGE-FROM-OPS>                       21,081,722
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (48,943)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        847,650
<NUMBER-OF-SHARES-REDEEMED>                  (170,234)
<SHARES-REINVESTED>                              1,080
<NET-CHANGE-IN-ASSETS>                      27,841,301
<ACCUMULATED-NII-PRIOR>                      1,954,808
<ACCUMULATED-GAINS-PRIOR>                   13,570,465
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          388,625
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                574,188
<AVERAGE-NET-ASSETS>                       104,867,129
<PER-SHARE-NAV-BEGIN>                            38.36
<PER-SHARE-NII>                                    .02
<PER-SHARE-GAIN-APPREC>                          8.519
<PER-SHARE-DIVIDEND>                           (0.019)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              46.88
<EXPENSE-RATIO>                                   1.00
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000803747
<NAME> MUTUAL FUND INVESTMENT TRUST
<SERIES>
   <NUMBER> 2
   <NAME> CHASE EQUITY INCOME FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                       61,312,723
<INVESTMENTS-AT-VALUE>                     102,316,604
<RECEIVABLES>                                  160,540
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             102,477,144
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      135,519
<TOTAL-LIABILITIES>                            135,519
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    60,795,381
<SHARES-COMMON-STOCK>                        2,406,766
<SHARES-COMMON-PRIOR>                        2,035,410
<ACCUMULATED-NII-CURRENT>                        (149)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        542,512
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    41,003,881
<NET-ASSETS>                               102,341,625
<DIVIDEND-INCOME>                              722,843
<INTEREST-INCOME>                              117,475
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 449,603
<NET-INVESTMENT-INCOME>                        390,715
<REALIZED-GAINS-CURRENT>                       542,512
<APPREC-INCREASE-CURRENT>                   11,678,311
<NET-CHANGE-FROM-OPS>                       12,611,538
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (390,864)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        587,515
<NUMBER-OF-SHARES-REDEEMED>                  (225,404)
<SHARES-REINVESTED>                              9,245
<NET-CHANGE-IN-ASSETS>                      14,877,889
<ACCUMULATED-NII-PRIOR>                      5,539,793
<ACCUMULATED-GAINS-PRIOR>                   12,311,110
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          337,202
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                498,242
<AVERAGE-NET-ASSETS>                        90,901,964
<PER-SHARE-NAV-BEGIN>                            36.97
<PER-SHARE-NII>                                  0.167
<PER-SHARE-GAIN-APPREC>                           5.55
<PER-SHARE-DIVIDEND>                           (0.167)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              42.52
<EXPENSE-RATIO>                                  1.000
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000803747
<NAME> MUTUAL FUND INVESTMENT TRUSR
<SERIES>
   <NUMBER> 9
   <NAME> CHASE US GOVERNMENT SECURITIES FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                        2,719,178
<INVESTMENTS-AT-VALUE>                       2,826,996
<RECEIVABLES>                                   60,695
<ASSETS-OTHER>                                     410
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               2,888,101
<PAYABLE-FOR-SECURITIES>                         2,373
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    21,543,27
<TOTAL-LIABILITIES>                             23,527
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     2,731,285
<SHARES-COMMON-STOCK>                          201,687
<SHARES-COMMON-PRIOR>                          209,490
<ACCUMULATED-NII-CURRENT>                           31
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         25,440
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       107,818
<NET-ASSETS>                                 2,864,574
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                               87,926
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  10,989
<NET-INVESTMENT-INCOME>                         76,937
<REALIZED-GAINS-CURRENT>                        25,440
<APPREC-INCREASE-CURRENT>                       16,763
<NET-CHANGE-FROM-OPS>                          119,140
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (76,906)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         43,140
<NUMBER-OF-SHARES-REDEEMED>                   (53,648)
<SHARES-REINVESTED>                              2,705
<NET-CHANGE-IN-ASSETS>                       (105,419)
<ACCUMULATED-NII-PRIOR>                        731,587
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                       (76,715)
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            7,326
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 50,154
<AVERAGE-NET-ASSETS>                         2,949,716
<PER-SHARE-NAV-BEGIN>                            13.98
<PER-SHARE-NII>                                   .367
<PER-SHARE-GAIN-APPREC>                            .22
<PER-SHARE-DIVIDEND>                            (.367)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.20
<EXPENSE-RATIO>                                   .750
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000803747
<NAME> MUTUAL FUND INVESTMENT TRUST
<SERIES>
   <NUMBER> 10
   <NAME> CHASE INTERMEDIATE TERM BOND FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                       23,764,835
<INVESTMENTS-AT-VALUE>                      24,191,514
<RECEIVABLES>                                  363,995
<ASSETS-OTHER>                                     884
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              24,556,393
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       39,406
<TOTAL-LIABILITIES>                             39,406
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    23,963,046
<SHARES-COMMON-STOCK>                        1,908,233
<SHARES-COMMON-PRIOR>                        1,458,246
<ACCUMULATED-NII-CURRENT>                            6
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        127,256
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       426,679
<NET-ASSETS>                                24,516,987
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              657,757
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  79,549
<NET-INVESTMENT-INCOME>                        578,208
<REALIZED-GAINS-CURRENT>                       127,256
<APPREC-INCREASE-CURRENT>                       52,174
<NET-CHANGE-FROM-OPS>                          757,638
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (578,202)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        646,863
<NUMBER-OF-SHARES-REDEEMED>                  (222,651)
<SHARES-REINVESTED>                             25,775
<NET-CHANGE-IN-ASSETS>                       5,742,301
<ACCUMULATED-NII-PRIOR>                      1,608,215
<ACCUMULATED-GAINS-PRIOR>                      296,576
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           53,033
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                135,764
<AVERAGE-NET-ASSETS>                        21,462,936
<PER-SHARE-NAV-BEGIN>                            12.75
<PER-SHARE-NII>                                   .345
<PER-SHARE-GAIN-APPREC>                             .1
<PER-SHARE-DIVIDEND>                            (.345)
<PER-SHARE-DISTRIBUTIONS>                           00
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.85
<EXPENSE-RATIO>                                    .75
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000803747
<NAME> MUTUAL FUND INVESTMENT TRUST
<SERIES>
   <NUMBER> 4
   <NAME> CHASE INCOME FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                       51,760,672
<INVESTMENTS-AT-VALUE>                      53,660,144
<RECEIVABLES>                                  809,758
<ASSETS-OTHER>                                     983
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              54,470,885
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       64,093
<TOTAL-LIABILITIES>                             64,093
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    51,994,872
<SHARES-COMMON-STOCK>                        2,653,965
<SHARES-COMMON-PRIOR>                        2,543,633
<ACCUMULATED-NII-CURRENT>                         (29)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        512,477
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     1,899,472
<NET-ASSETS>                                54,406,792
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            1,666,132
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 201,053
<NET-INVESTMENT-INCOME>                      1,465,079
<REALIZED-GAINS-CURRENT>                       512,477
<APPREC-INCREASE-CURRENT>                      348,303
<NET-CHANGE-FROM-OPS>                        2,325,859
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (1,645,108)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        534,582
<NUMBER-OF-SHARES-REDEEMED>                  (466,566)
<SHARES-REINVESTED>                             42,316
<NET-CHANGE-IN-ASSETS>                       2,217,024
<ACCUMULATED-NII-PRIOR>                     23,862,520
<ACCUMULATED-GAINS-PRIOR>                    1,895,263
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          134,035
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                246,625
<AVERAGE-NET-ASSETS>                        54,091,422
<PER-SHARE-NAV-BEGIN>                            20.18
<PER-SHARE-NII>                                   0.55
<PER-SHARE-GAIN-APPREC>                           0.32
<PER-SHARE-DIVIDEND>                            (0.55)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               20.5
<EXPENSE-RATIO>                                   0.75
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000803747
<NAME> MUTUAL FUND INVESTMENT TRUST
<SERIES>
   <NUMBER> 8
   <NAME> CHASE SHORT-INTERMEDIATE TERM US GOVERNMENT SECURITIES FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                       27,337,031
<INVESTMENTS-AT-VALUE>                      27,661,919
<RECEIVABLES>                                  292,533
<ASSETS-OTHER>                                     659
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              27,955,111
<PAYABLE-FOR-SECURITIES>                         1,021
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       43,513
<TOTAL-LIABILITIES>                             44,534
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    27,570,795
<SHARES-COMMON-STOCK>                        2,246,378
<SHARES-COMMON-PRIOR>                        1,932,192
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         14,894
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       324,888
<NET-ASSETS>                                27,910,577
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              812,408
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 101,879
<NET-INVESTMENT-INCOME>                        710,529
<REALIZED-GAINS-CURRENT>                        14,894
<APPREC-INCREASE-CURRENT>                       35,194
<NET-CHANGE-FROM-OPS>                          760,617
<EQUALIZATION>                                       0
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000803747
<NAME> MUTUAL FUND INVESTMENT TRUST
<SERIES>
   <NUMBER> 5
   <NAME> CHASE MONEY MARKET FUND
       
<S>                             <C>
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<EXPENSE-RATIO>                                    .50
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000803747
<NAME> MUTUAL FUND INVESTMENT TRUST
<SERIES>
   <NUMBER> 3
   <NAME> CHASE BALANCED FUND
       
<S>                             <C>
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</TABLE>


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