WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000815425
<NAME> Stein Roe Variable Investment Trust
<SERIES>
<NUMBER> 8
<NAME> SRMSF,VS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2001
<PERIOD-END> JUN-30-2001
<INVESTMENTS-AT-COST> 104436310
<INVESTMENTS-AT-VALUE> 102199198
<RECEIVABLES>1757087
<ASSETS-OTHER> 9225
<OTHER-ITEMS-ASSETS>0
<TOTAL-ASSETS> 104774215
<PAYABLE-FOR-SECURITIES>424912
<SENIOR-LONG-TERM-DEBT>0
<OTHER-ITEMS-LIABILITIES>735950
<TOTAL-LIABILITIES> 1160862
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 106294470
<SHARES-COMMON-STOCK>10335006
<SHARES-COMMON-PRIOR>10228724
<ACCUMULATED-NII-CURRENT>(3865109)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS>0
<OVERDISTRIBUTION-GAINS> 3420956
<ACCUM-APPREC-OR-DEPREC> (2236964)
<NET-ASSETS>103613353
<DIVIDEND-INCOME>0
<INTEREST-INCOME> 3751892
<OTHER-INCOME> 0
<EXPENSES-NET> 330753
<NET-INVESTMENT-INCOME> 3421139
<REALIZED-GAINS-CURRENT> (876796)
<APPREC-INCREASE-CURRENT> 689959
<NET-CHANGE-FROM-OPS> 3234302
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (6395972)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4712263
<NUMBER-OF-SHARES-REDEEMED> (10286195)
<SHARES-REINVESTED>6395972
<NET-CHANGE-IN-ASSETS> (2284449)
<ACCUMULATED-NII-PRIOR>(2988313)
<ACCUMULATED-GAINS-PRIOR>0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR>6395789
<GROSS-ADVISORY-FEES> 206966
<INTEREST-EXPENSE> 1160
<GROSS-EXPENSE>330753
<AVERAGE-NET-ASSETS>103777622
<PER-SHARE-NAV-BEGIN>10.35
<PER-SHARE-NII> 0.33
<PER-SHARE-GAIN-APPREC> (0.01)
<PER-SHARE-DIVIDEND>0
<PER-SHARE-DISTRIBUTIONS>(0.65)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END>10.02
<EXPENSE-RATIO> 0.64
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>