<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
FROM THE SEMI-ANNUAL REPORT OF AMERICAN CENTURY QUANTITATIVE
EQUITY FUNDS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH REPORT.
</LEGEND>
<CIK> 0000827060
<NAME> AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS
<SERIES>
<NUMBER> 41
<NAME> UTILITIES FUND - INVESTOR CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 239,894,868
<INVESTMENTS-AT-VALUE> 295,385,706
<RECEIVABLES> 597,515
<ASSETS-OTHER> 392,160
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 296,375,381
<PAYABLE-FOR-SECURITIES> 791,064
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 180,509
<TOTAL-LIABILITIES> 971,573
<SENIOR-EQUITY> 189,044
<PAID-IN-CAPITAL-COMMON> 232,651,797
<SHARES-COMMON-STOCK> 18,904,426
<SHARES-COMMON-PRIOR> 19,386,365
<ACCUMULATED-NII-CURRENT> 19,462
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 7,052,655
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 55,490,850
<NET-ASSETS> 295,403,808
<DIVIDEND-INCOME> 16,397,764
<INTEREST-INCOME> 51,298
<OTHER-INCOME> 0
<EXPENSES-NET> 1,046,514
<NET-INVESTMENT-INCOME> 15,402,548
<REALIZED-GAINS-CURRENT> 8,326,600
<APPREC-INCREASE-CURRENT> (27,033,962)
<NET-CHANGE-FROM-OPS> (3,304,814)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (15,131,611)
<DISTRIBUTIONS-OF-GAINS> (1,348,157)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,461,681
<NUMBER-OF-SHARES-REDEEMED> (3,879,447)
<SHARES-REINVESTED> 935,827
<NET-CHANGE-IN-ASSETS> (29,076,433)
<ACCUMULATED-NII-PRIOR> (39,529)
<ACCUMULATED-GAINS-PRIOR> 136,436
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,027,945
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,046,514
<AVERAGE-NET-ASSETS> 306,927,779
<PER-SHARE-NAV-BEGIN> 16.46
<PER-SHARE-NII> 0.83
<PER-SHARE-GAIN-APPREC> (1.02)
<PER-SHARE-DIVIDEND> (0.84)
<PER-SHARE-DISTRIBUTIONS> (0.07)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 15.36
<EXPENSE-RATIO> 0.67
</TABLE>
