WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000845107
<NAME> INDEPENDENCE ONE MUTUAL FUNDS
<SERIES>
<NUMBER> 021
<NAME> Independence One Prime Money Market Fund - Class K Shares
<S> <C>
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> Apr-30-2001
<PERIOD-END> Oct-31-2000
<INVESTMENTS-AT-COST> 738,453,901
<INVESTMENTS-AT-VALUE> 738,453,901
<RECEIVABLES> 2,140,875
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 315,499
<TOTAL-ASSETS> 740,910,275
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4,349,091
<TOTAL-LIABILITIES> 4,349,091
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 736,561,184
<SHARES-COMMON-STOCK> 549,910,015
<SHARES-COMMON-PRIOR> 457,665,857
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 549,910,015
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 23,420,342
<OTHER-INCOME> 0
<EXPENSES-NET> 1,782,503
<NET-INVESTMENT-INCOME> 21,637,839
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 21,637,839
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (15,890,041)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,418,938,735
<NUMBER-OF-SHARES-REDEEMED> (2,335,830,183)
<SHARES-REINVESTED> 9,135,606
<NET-CHANGE-IN-ASSETS> 128,108,992
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,425,009
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,673,134
<AVERAGE-NET-ASSETS> 524,360,367
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.030
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<PER-SHARE-DIVIDEND> (0.030)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.56
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.000
</TABLE>
