AUL AMERICAN SERIES FUND INC
NSAR-B, 1999-02-23
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<PAGE>      PAGE  1
000 B000000 12/31/98
000 C000000 0000853618
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 AUL AMERICAN SERIES FUND, INC.
001 B000000 811-5850
001 C000000 3172851877
002 A000000 ONE AMERICAN SQUARE
002 B000000 INDIANAPOLIS
002 C000000 IN
002 D010000 46282
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  8
007 C010100  1
007 C020100 AUL AMERICAN SERIES FUND, EQUITY PORTFOLIO
007 C030100 N
007 C010200  2
007 C020200 AUL AMERICAN SERIES FUND, MONEY MARKET PORT
007 C030200 N
007 C010300  3
007 C020300 AUL AMERICAN SERIES FUND, BOND PORTFOLIO
007 C030300 N
007 C010400  4
007 C020400 AUL AMERICAN SERIES FUND, MANAGED PORTFOLIO
007 C030400 N
007 C010500  5
007 C020500 AUL AMERICAN SERIES FUND, TACTICAL ASSET PORT
007 C030500 N
007 C010600  6
007 C020600 AUL AMERICAN SERIES FUND, AGGRESSIVE INVESTOR
007 C030600 N
007 C010700  7
007 C020700 AUL AMERICAN SERIES FUND, MODERATE INVESTOR
007 C030700 N
007 C010800  8
007 C020800 AUL AMERICAN SERIES FUND, CONSERVATIVE INVEST
007 C030800 N
007 C010900  9
007 C011000 10
011 A00AA01 AMERICAN UNITED LIFE INSURANCE COMPANY
011 B00AA01 8-13671
011 C01AA01 INDIANAPOLIS
<PAGE>      PAGE  2
011 C02AA01 IN
011 C03AA01 46282
012 A00AA01 AMERICAN UNITED LIFE INSURANCE COMPANY
012 B00AA01 85-
012 C01AA01 INDIANAPOLIS
012 C02AA01 IN
012 C03AA01 46282
013 A00AA01 PRICEWATERHOUSECOOPERS L.L.P.
013 B01AA01 INDIANAPOLIS
013 B02AA01 IN
013 B03AA01 46282
014 A00AA01 AMERICAN UNITED LIFE INSURANCE COMPANY
014 B00AA01 8-13671
015 A00AA01 THE BANK OF NEW YORK
015 B00AA01 C
015 C01AA01 NEW YORK
015 C02AA01 NY
015 C03AA01 10286
015 E01AA01 X
018  00AA00 Y
019 A00AA00 N
019 B00AA00    0
020 A000001 LYNCH JONES & RYAN, INC.
020 B000001 13-3356934
020 C000001    111
020 A000002 JEFFRIES & COMPANY
020 B000002 95-2622900
020 C000002      8
020 A000003 SCHROEDER SECURITIES
020 B000003 13-2697272
020 C000003      1
020 A000004 STANDARD & POOR SECURITIES
020 B000004 13-2852625
020 C000004      1
020 A000005 LEHMAN BROTHERS, INC.
020 B000005 13-2726111
020 C000005      1
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000      124
022 A000001 LEHMAN BROTHERS, INC.
022 B000001 13-2726111
022 C000001    186199
022 D000001      2095
022 A000002 GENERAL ELECTRIC CAPITAL CORP.
022 B000002 06-1109503
022 C000002     37290
022 D000002         0
<PAGE>      PAGE  3
022 A000003 MERRILL LYNCH & CO.
022 B000003 13-5674085
022 C000003     31968
022 D000003     11140
022 A000004 ASSOCIATES CORP. OF NORTH AMERICA
022 B000004 13-1917220
022 C000004     23824
022 D000004         0
022 A000005 FEDERATED INVESTORS
022 B000005 25-1470424
022 C000005     23755
022 D000005     21110
022 A000006 AMERICAN GENERAL SECURITIES
022 B000006 76-0050868
022 C000006     22281
022 D000006         0
022 A000007 JOHN DEERE CAPITAL CORP.
022 B000007 36-2836361
022 C000007     21941
022 D000007         0
022 A000008 GOLDMAN SACHS & CO.
022 B000008 13-5108880
022 C000008     21647
022 D000008     15299
022 A000009 SALOMON SMITH BARNEY HOLDINGS INC.
022 B000009 13-3082694
022 C000009     16571
022 D000009     18416
022 A000010 MORGAN STANLEY & CO.
022 B000010 13-2655998
022 C000010     15731
022 D000010     13189
023 C000000     401207
023 D000000      81249
024  00AA00 N
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026 A000000 N
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026 G020000 N
<PAGE>      PAGE  4
026 H000000 N
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008 A000101 AMERICAN UNITED LIFE INSURANCE COMPANY
008 B000101 A
008 C000101 801-8074
008 D010101 INDIANAPOLIS
008 D020101 IN
008 D030101 46282
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
066 A000100 Y
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070 I020100 N
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070 R020100 N
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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008 A000201 AMERICAN UNITED LIFE INSURANCE COMPANY
008 B000201 A
008 C000201 801-8074
008 D010201 INDIANAPOLIS
008 D020201 IN
008 D030201 46282
028 A010200     14050
028 A020200       263
028 A030200         0
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028 G020200      1787
<PAGE>      PAGE  9
028 G030200         0
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062 A000200 Y
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063 B000200  0.0
064 A000200 N
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071 A000200         0
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<PAGE>      PAGE  10
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008 A000301 AMERICAN UNITED LIFE INSURANCE COMPANY
008 B000301 A
008 C000301 801-8074
<PAGE>      PAGE  11
008 D010301 INDIANAPOLIS
008 D020301 IN
008 D030301 46282
028 A010300      1923
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<PAGE>      PAGE  12
063 B000300  7.7
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<PAGE>      PAGE  13
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008 A000401 AMERICAN UNITED LIFE INSURANCE COMPANY
008 B000401 A
008 C000401 801-8074
008 D010401 INDIANAPOLIS
008 D020401 IN
008 D030401 46282
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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008 A000501 AMERICAN UNITED LIFE INSURANCE COMPANY
008 B000501 A
008 C000501 801-8074
008 D010501 INDIANAPOLIS
008 D020501 IN
008 D030501 46282
008 A000502 DEAN INVESTMENT ASSOCIATES
008 B000502 S
008 C000502 801-9895
008 D010502 DAYTON
008 D020502 OH
008 D030502 45423
008 D040502 2480
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<PAGE>      PAGE  18
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070 E010500 Y
070 E020500 N
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070 F020500 N
070 G010500 N
070 G020500 N
070 H010500 N
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 Y
070 L010500 Y
070 L020500 Y
<PAGE>      PAGE  19
070 M010500 Y
070 M020500 N
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 N
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
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<PAGE>      PAGE  20
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008 A000601 AMERICAN UNITED LIFE INSURANCE COMPANY
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<PAGE>      PAGE  21
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045  000600 Y
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<PAGE>      PAGE  22
049  000600 N
050  000600 N
051  000600 N
052  000600 N
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066 A000600 Y
066 B000600 N
066 C000600 N
066 D000600 Y
066 E000600 N
066 F000600 N
066 G000600 N
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068 A000600 N
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070 A010600 Y
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070 B010600 Y
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070 C020600 N
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070 D020600 N
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070 E020600 N
070 F010600 Y
070 F020600 N
070 G010600 N
070 G020600 N
070 H010600 N
<PAGE>      PAGE  23
070 H020600 N
070 I010600 N
070 I020600 N
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070 J020600 N
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<PAGE>      PAGE  24
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008 A000701 AMERICAN UNITED LIFE INSURANCE COMPANY
008 B000701 A
008 C000701 801-8074
008 D010701 INDIANAPOLIS
008 D020701 IN
008 D030701 46282
008 A000702 CREDIT SUISSE ASSET MANAGEMENT
<PAGE>      PAGE  25
008 B000702 S
008 C000702 801-05850
008 D010702 NEW YORK
008 D020702 NY
008 D030702 10022
028 A010700       132
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<PAGE>      PAGE  26
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049  000700 N
050  000700 N
051  000700 N
052  000700 N
053 A000700 Y
053 B000700 Y
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062 P000700   0.0
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062 R000700   0.0
066 A000700 Y
066 B000700 N
066 C000700 N
066 D000700 N
066 E000700 N
066 F000700 N
066 G000700 Y
067  000700 Y
068 A000700 N
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070 A010700 Y
070 A020700 N
070 B010700 Y
070 B020700 N
070 C010700 Y
070 C020700 N
<PAGE>      PAGE  27
070 D010700 Y
070 D020700 N
070 E010700 Y
070 E020700 N
070 F010700 Y
070 F020700 N
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070 H010700 N
070 H020700 N
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070 I020700 N
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070 J020700 N
070 K010700 Y
070 K020700 Y
070 L010700 Y
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070 M010700 Y
070 M020700 Y
070 N010700 Y
070 N020700 N
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070 O020700 N
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070 Q020700 N
070 R010700 N
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<PAGE>      PAGE  28
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<PAGE>      PAGE  29
075 B000700     5506
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008 A000801 AMERICAN UNITED LIFE INSURANCE COMPANY
008 B000801 A
008 C000801 801-8074
008 D010801 INDIANAPOLIS
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008 D030801 46282
008 A000802 CREDIT SUISSE ASSET MANAGEMENT
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008 D030802 10022
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<PAGE>      PAGE  30
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<PAGE>      PAGE  31
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<PAGE>      PAGE  32
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<PAGE>      PAGE  33
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SIGNATURE   JAMES W. MURPHY                              
TITLE       SENIOR V.P. FINANCE 
 

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000853618
<NAME> AUL AMERICAN SERIES FUND
<SERIES>
   <NUMBER> 1
   <NAME> EQUITY PORTFOLIO
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
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<OTHER-ITEMS-ASSETS>                                 0
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<SENIOR-EQUITY>                                      0
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<RETURNS-OF-CAPITAL>                                 0
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<EXPENSE-RATIO>                                   0.62
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000853618
<NAME> AUL AMERICAN SERIES FUND
<SERIES>
   <NUMBER> 2
   <NAME> MONEY MARKET PORTFOLIO
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               DEC-31-1998
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<INVESTMENTS-AT-VALUE>                      81,698,290
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<ASSETS-OTHER>                                     203
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              82,840,581
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      785,328
<TOTAL-LIABILITIES>                            785,328
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                       82,055,253
<SHARES-COMMON-PRIOR>                       55,756,942
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                                82,055,253
<DIVIDEND-INCOME>                                    0
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<NET-INVESTMENT-INCOME>                      3,220,950
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<APPREC-INCREASE-CURRENT>                            0
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<EQUALIZATION>                                       0
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<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
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<SHARES-REINVESTED>                          3,210,840
<NET-CHANGE-IN-ASSETS>                      26,298,311
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          333,382
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                406,525
<AVERAGE-NET-ASSETS>                        66,832,493
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                    .05
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                               .05
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                   0.61
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                00
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000853618
<NAME> AUL AMERICAN SERIES FUND
<SERIES>
   <NUMBER> 3
   <NAME> BOND PORTFOLIO
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                       50,088,688
<INVESTMENTS-AT-VALUE>                      51,032,507
<RECEIVABLES>                                  711,982
<ASSETS-OTHER>                                   2,218
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              51,746,707
<PAYABLE-FOR-SECURITIES>                     1,483,391
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      173,605
<TOTAL-LIABILITIES>                          1,656,996
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                        4,624,949
<SHARES-COMMON-PRIOR>                        3,252,044
<ACCUMULATED-NII-CURRENT>                       12,232
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        132,762
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       943,819
<NET-ASSETS>                                50,089,711
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            2,559,494
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 260,853
<NET-INVESTMENT-INCOME>                      2,298,641
<REALIZED-GAINS-CURRENT>                       895,159
<APPREC-INCREASE-CURRENT>                      327,099
<NET-CHANGE-FROM-OPS>                        3,520,899
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    2,291,894
<DISTRIBUTIONS-OF-GAINS>                       816,901
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      3,953,961
<NUMBER-OF-SHARES-REDEEMED>                  2,867,165
<SHARES-REINVESTED>                            286,109
<NET-CHANGE-IN-ASSETS>                      15,371,791
<ACCUMULATED-NII-PRIOR>                          5,484
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          209,661
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                260,853
<AVERAGE-NET-ASSETS>                        41,973,286
<PER-SHARE-NAV-BEGIN>                            10.68
<PER-SHARE-NII>                                   0.60
<PER-SHARE-GAIN-APPREC>                           0.36
<PER-SHARE-DIVIDEND>                              0.60
<PER-SHARE-DISTRIBUTIONS>                         0.21
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.83
<EXPENSE-RATIO>                                   0.62
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000853618
<NAME> AUL AMERICAN SERIES FUND
<SERIES>
   <NUMBER> 4
   <NAME> MANAGED PORTFOLIO
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                       63,741,210
<INVESTMENTS-AT-VALUE>                      74,023,271
<RECEIVABLES>                                  438,310
<ASSETS-OTHER>                                   1,533
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              74,463,114
<PAYABLE-FOR-SECURITIES>                     1,236,211
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      114,943
<TOTAL-LIABILITIES>                          1,351,154
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                        4,832,940
<SHARES-COMMON-PRIOR>                        3,945,223
<ACCUMULATED-NII-CURRENT>                       30,005
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      1,069,193
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    10,282,061
<NET-ASSETS>                                73,111,960
<DIVIDEND-INCOME>                              680,964
<INTEREST-INCOME>                            1,956,021
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 420,054
<NET-INVESTMENT-INCOME>                      2,216,931
<REALIZED-GAINS-CURRENT>                     5,358,469
<APPREC-INCREASE-CURRENT>                  (2,340,871)
<NET-CHANGE-FROM-OPS>                        5,234,529
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    2,190,819
<DISTRIBUTIONS-OF-GAINS>                     4,289,275
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,328,874
<NUMBER-OF-SHARES-REDEEMED>                    869,396
<SHARES-REINVESTED>                            428,239
<NET-CHANGE-IN-ASSETS>                      12,634,950
<ACCUMULATED-NII-PRIOR>                          3,892
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          339,371
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                420,054
<AVERAGE-NET-ASSETS>                        67,896,375
<PER-SHARE-NAV-BEGIN>                            15.33
<PER-SHARE-NII>                                   0.51
<PER-SHARE-GAIN-APPREC>                           0.79
<PER-SHARE-DIVIDEND>                              0.51
<PER-SHARE-DISTRIBUTIONS>                         0.99
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              15.13
<EXPENSE-RATIO>                                   0.62
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000853618
<NAME> AUL AMERICAN SERIES FUND
<SERIES>
   <NUMBER> 5
   <NAME> TACTICAL ASSET ALLOCATION PORTFOLIO
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                        6,045,996
<INVESTMENTS-AT-VALUE>                       6,423,761
<RECEIVABLES>                                   55,146
<ASSETS-OTHER>                                   1,455
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               6,480,362
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       11,473
<TOTAL-LIABILITIES>                             11,473
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                          500,212
<SHARES-COMMON-PRIOR>                          357,897
<ACCUMULATED-NII-CURRENT>                          285
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        121,911
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       377,765
<NET-ASSETS>                                 6,468,889
<DIVIDEND-INCOME>                               53,221
<INTEREST-INCOME>                              155,233
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  57,308
<NET-INVESTMENT-INCOME>                        151,146
<REALIZED-GAINS-CURRENT>                       160,641
<APPREC-INCREASE-CURRENT>                       14,520
<NET-CHANGE-FROM-OPS>                          326,307
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      151,092
<DISTRIBUTIONS-OF-GAINS>                        38,730
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        184,743
<NUMBER-OF-SHARES-REDEEMED>                     54,078
<SHARES-REINVESTED>                             11,650
<NET-CHANGE-IN-ASSETS>                       2,016,654
<ACCUMULATED-NII-PRIOR>                            231
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           45,828
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 57,931
<AVERAGE-NET-ASSETS>                         5,730,554
<PER-SHARE-NAV-BEGIN>                            12.44
<PER-SHARE-NII>                                   0.34
<PER-SHARE-GAIN-APPREC>                           0.58
<PER-SHARE-DIVIDEND>                              0.34
<PER-SHARE-DISTRIBUTIONS>                         0.09
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.93
<EXPENSE-RATIO>                                   1.00
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000853618
<NAME> AUL AMERICAN SERIES FUND
<SERIES>
   <NUMBER> 6
   <NAME> AGGRESSIVE INVESTOR PORTFOLIO
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                        6,471,525
<INVESTMENTS-AT-VALUE>                       6,768,491
<RECEIVABLES>                                   23,946
<ASSETS-OTHER>                                   1,286
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               6,793,723
<PAYABLE-FOR-SECURITIES>                        99,139
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       13,829
<TOTAL-LIABILITIES>                            112,968
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                          644,280
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                          709
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         56,466
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       296,965
<NET-ASSETS>                                 6,680,755
<DIVIDEND-INCOME>                               44,415
<INTEREST-INCOME>                               56,624
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  50,722
<NET-INVESTMENT-INCOME>                         50,317
<REALIZED-GAINS-CURRENT>                        79,091
<APPREC-INCREASE-CURRENT>                      296,966
<NET-CHANGE-FROM-OPS>                          426,374
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       49,549
<DISTRIBUTIONS-OF-GAINS>                        22,684
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        654,923
<NUMBER-OF-SHARES-REDEEMED>                     11,740
<SHARES-REINVESTED>                              1,097
<NET-CHANGE-IN-ASSETS>                       6,680,755
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           29,155
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 71,611
<AVERAGE-NET-ASSETS>                         5,331,413
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                   0.09
<PER-SHARE-GAIN-APPREC>                           0.41
<PER-SHARE-DIVIDEND>                              0.09
<PER-SHARE-DISTRIBUTIONS>                         0.04
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.37
<EXPENSE-RATIO>                                   0.95
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000853618
<NAME> AUL AMERICAN SERIES FUND
<SERIES>
   <NUMBER> 7
   <NAME> MODERATE INVESTOR PORTFOLIO
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                        6,711,158
<INVESTMENTS-AT-VALUE>                       6,931,188
<RECEIVABLES>                                   34,986
<ASSETS-OTHER>                                   1,042
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               6,967,216
<PAYABLE-FOR-SECURITIES>                       148,708
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       14,821
<TOTAL-LIABILITIES>                            163,529
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                          659,392
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                          811
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         50,961
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       220,030
<NET-ASSETS>                                 6,803,687
<DIVIDEND-INCOME>                               34,470
<INTEREST-INCOME>                              106,550
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  51,959
<NET-INVESTMENT-INCOME>                         89,061
<REALIZED-GAINS-CURRENT>                        73,777
<APPREC-INCREASE-CURRENT>                      220,030
<NET-CHANGE-FROM-OPS>                          382,868
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       88,193
<DISTRIBUTIONS-OF-GAINS>                        22,874
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        667,640
<NUMBER-OF-SHARES-REDEEMED>                     10,025
<SHARES-REINVESTED>                              1,777
<NET-CHANGE-IN-ASSETS>                       6,803,687
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           30,065
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 73,648
<AVERAGE-NET-ASSETS>                         5,506,524
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                   0.16
<PER-SHARE-GAIN-APPREC>                           0.36
<PER-SHARE-DIVIDEND>                              0.16
<PER-SHARE-DISTRIBUTIONS>                         0.04
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.32
<EXPENSE-RATIO>                                   0.94
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000853618
<NAME> AUL AMERICAN SERIES FUND
<SERIES>
   <NUMBER> 8
   <NAME> CONSERVATIVE INVESTOR PORTFOLIO
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                        6,277,316
<INVESTMENTS-AT-VALUE>                       6,438,123
<RECEIVABLES>                                   54,116
<ASSETS-OTHER>                                     983
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               6,493,222
<PAYABLE-FOR-SECURITIES>                       198,277
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       13,704
<TOTAL-LIABILITIES>                            211,981
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                          609,958
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                          717
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         56,144
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       160,806
<NET-ASSETS>                                 6,281,241
<DIVIDEND-INCOME>                               22,421
<INTEREST-INCOME>                              146,529
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  50,777
<NET-INVESTMENT-INCOME>                        118,173
<REALIZED-GAINS-CURRENT>                        93,809
<APPREC-INCREASE-CURRENT>                      160,806
<NET-CHANGE-FROM-OPS>                          372,788
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      117,427
<DISTRIBUTIONS-OF-GAINS>                        37,694
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        614,081
<NUMBER-OF-SHARES-REDEEMED>                      5,754
<SHARES-REINVESTED>                              1,631
<NET-CHANGE-IN-ASSETS>                       6,281,241
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           29,203
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 72,107
<AVERAGE-NET-ASSETS>                         5,341,183
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                   0.22
<PER-SHARE-GAIN-APPREC>                           0.37
<PER-SHARE-DIVIDEND>                              0.22
<PER-SHARE-DISTRIBUTIONS>                         0.07
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.30
<EXPENSE-RATIO>                                   0.95
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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