<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the Kemper
Blue Chip Fund Semiannual Report for the six months ended 4/30/00 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000823342
<NAME> KEMPER BLUE CHIP FUND
<SERIES>
<NUMBER> 040
<NAME> KEMPER BLUE CHIP FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-START> NOV-01-2000
<PERIOD-END> APR-30-2000
<INVESTMENTS-AT-COST> 930,698
<INVESTMENTS-AT-VALUE> 1,167,146
<RECEIVABLES> 10,004
<ASSETS-OTHER> 6
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,177,165
<PAYABLE-FOR-SECURITIES> 13,259
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,551
<TOTAL-LIABILITIES> 16,811
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 899,007
<SHARES-COMMON-STOCK> 473
<SHARES-COMMON-PRIOR> 461
<ACCUMULATED-NII-CURRENT> (2,511)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 27,410
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 236,448
<NET-ASSETS> 438,239
<DIVIDEND-INCOME> 4,013
<INTEREST-INCOME> 1,615
<OTHER-INCOME> 0
<EXPENSES-NET> 8,139
<NET-INVESTMENT-INCOME> (2,511)
<REALIZED-GAINS-CURRENT> 28,723
<APPREC-INCREASE-CURRENT> 49,564
<NET-CHANGE-FROM-OPS> 75,776
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (354)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,005
<NUMBER-OF-SHARES-REDEEMED> (4,031)
<SHARES-REINVESTED> 354
<NET-CHANGE-IN-ASSETS> 245,346
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 33,695
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,946
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 8,176
<AVERAGE-NET-ASSETS> 10,591
<PER-SHARE-NAV-BEGIN> 20.99
<PER-SHARE-NII> (0.13)
<PER-SHARE-GAIN-APPREC> 1.61
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.75)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 21.97
<EXPENSE-RATIO> 0.71
</TABLE>
