<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000809584
<NAME> MORGAN GRENFELL SMALLCAP FUND INC.
<MULTIPLIER> 1000
<CURRENCY> US
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 128395
<INVESTMENTS-AT-VALUE> 162748
<RECEIVABLES> 12469
<ASSETS-OTHER> 5997
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 181214
<PAYABLE-FOR-SECURITIES> 14976
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 200
<TOTAL-LIABILITIES> 15176
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 105779
<SHARES-COMMON-STOCK> 10790
<SHARES-COMMON-PRIOR> 9802
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 25906
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 34353
<NET-ASSETS> 166038
<DIVIDEND-INCOME> 201
<INTEREST-INCOME> 190
<OTHER-INCOME> 0
<EXPENSES-NET> (1033)
<NET-INVESTMENT-INCOME> (642)
<REALIZED-GAINS-CURRENT> 26861
<APPREC-INCREASE-CURRENT> (12074)
<NET-CHANGE-FROM-OPS> 14145
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (16271)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 12269
<NET-CHANGE-IN-ASSETS> 10143
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 15959
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 809
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1033
<AVERAGE-NET-ASSETS> 162746
<PER-SHARE-NAV-BEGIN> 15.900
<PER-SHARE-NII> 0.010
<PER-SHARE-GAIN-APPREC> 1.140
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> (1.660)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 15.390
<EXPENSE-RATIO> 1.280
</TABLE>
