LIBERTY STEIN ROE FUNDS INVESTMENT TRUST
485BPOS, EX-99.(J)(1), 2000-07-14
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                       CONSENT OF INDEPENDENT ACCOUNTANTS

We hereby  consent to the  incorporation  by  reference  in this  Post-Effective
Amendment No. 67 to the registration  statement on Form N-1A (the  "Registration
Statement")  of our reports  dated  November  12, 1999 and  November  15,  1999,
relating to the financial  statements and financial  highlights  which appear in
the  September  30, 1999  Annual  Reports to  Shareholders  of Stein Roe Capital
Opportunities  Fund,  Stein Roe Disciplined  Stock Fund, Stein Roe Large Company
Focus Fund,  Stein Roe Small  Company  Growth  Fund and Stein Roe Midcap  Growth
Fund, which are also incorporated by reference into the Registration  Statement.
We  also  consent  to  the  references  to  us  under  the  headings  "Financial
Highlights" and "Independent Accountants" in such Registration Statement.
/s/PricewaterhouseCoopers LLP
PricewaterhouseCoopers LLP
Boston, Massachusetts
July 12, 2000


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