PUTNAM FUND FOR GROWTH & INCOME
NSAR-B/A, EX-27, 2000-12-28
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
The Putnam Fund for Growth and Income
</LEGEND>
<SERIES>
   <NUMBER> 5
   <NAME> CLASS A

<S>                             <C>
<PERIOD-TYPE>                   ANNUAL
<FISCAL-YEAR-END>                          OCT-31-2000
<PERIOD-END>                               OCT-31-2000
<INVESTMENTS-AT-COST>                   26,638,191,987
<INVESTMENTS-AT-VALUE>                  32,426,408,131
<RECEIVABLES>                               83,676,838
<ASSETS-OTHER>                                     314
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                          32,510,085,283
<PAYABLE-FOR-SECURITIES>                     8,614,058
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                  143,077,318
<TOTAL-LIABILITIES>                        151,691,376
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                26,432,956,920
<SHARES-COMMON-STOCK>                    1,017,446,347
<SHARES-COMMON-PRIOR>                    1,044,185,702
<ACCUMULATED-NII-CURRENT>                      229,402
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    137,164,841
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                 5,788,042,744
<NET-ASSETS>                            32,358,393,907
<DIVIDEND-INCOME>                          693,912,536
<INTEREST-INCOME>                           21,419,195
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             343,658,340
<NET-INVESTMENT-INCOME>                    371,673,391
<REALIZED-GAINS-CURRENT>                   399,057,456
<APPREC-INCREASE-CURRENT>                 (87,080,799)
<NET-CHANGE-FROM-OPS>                      683,650,048
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                (270,190,228)
<DISTRIBUTIONS-OF-GAINS>               (1,809,431,159)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                    239,243,878
<NUMBER-OF-SHARES-REDEEMED>              (368,003,848)
<SHARES-REINVESTED>                        102,020,615
<NET-CHANGE-IN-ASSETS>                 (6,656,478,311)
<ACCUMULATED-NII-PRIOR>                        365,189
<ACCUMULATED-GAINS-PRIOR>                2,918,152,546
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                      134,491,780
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                            349,501,548
<AVERAGE-NET-ASSETS>                    19,669,504,881
<PER-SHARE-NAV-BEGIN>                            21.10
<PER-SHARE-NII>                                    .26
<PER-SHARE-GAIN-APPREC>                            .45
<PER-SHARE-DIVIDEND>                             (.26)
<PER-SHARE-DISTRIBUTIONS>                       (1.74)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              19.81
<EXPENSE-RATIO>                                    .81
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>


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