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> 022
<NAME> Independence One Prime Money Market Fund - Class Y Shares
<S> <C>
<PERIOD-TYPE> 12-mos
<FISCAL-YEAR-END> Apr-30-2000
<PERIOD-END> Apr-30-2000
<INVESTMENTS-AT-COST> 608,812,128
<INVESTMENTS-AT-VALUE> 608,812,128
<RECEIVABLES> 941,179
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 27,421
<TOTAL-ASSETS> 609,780,728
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,328,536
<TOTAL-LIABILITIES> 1,328,536
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 608,452,192
<SHARES-COMMON-STOCK> 150,786,335
<SHARES-COMMON-PRIOR> 191,372,869
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 150,786,335
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 38,512,161
<OTHER-INCOME> 0
<EXPENSES-NET> (3,448,709)
<NET-INVESTMENT-INCOME> 35,063,452
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 35,063,452
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (9,968,545)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,832,805,247
<NUMBER-OF-SHARES-REDEEMED> (1,878,960,265)
<SHARES-REINVESTED> 5,568,484
<NET-CHANGE-IN-ASSETS> (25,121,394)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,796,477
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5,196,507
<AVERAGE-NET-ASSETS> 193,750,087
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.050
<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> (0.050)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.31
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.000
</TABLE>
