<PAGE> PAGE 1
000 B000000 01/31/2000
000 C000000 0000854669
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 U
001 A000000 AXP MARKET ADVANTAGE SERIES INC.
001 B000000 811-5897
001 C000000 6126713800
002 A000000 IDS TOWER 10
002 B000000 MINNEAPOLIS
002 C000000 MN
002 D010000 55440
002 D020000 0010
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 7
007 C010100 1
007 C020100 AXP BLUE CHIP ADVANTAGE FUND
007 C030100 N
007 C010200 2
007 C020200 AXP SMALL COMPANY INDEX FUND
007 C030200 N
007 C010300 3
007 C020300 AXP S & P 500 INDEX FUND
007 C030300 N
007 C010400 4
007 C020400 AXP MID CAP INDEX FUND
007 C030400 N
007 C010500 5
007 C020500 AXP TOTAL STOCK MARKET INDEX FUND
007 C030500 N
007 C010600 6
007 C020600 AXP INTERNATIONAL EQUITY INDEX FUND
007 C030600 N
007 C010700 7
007 C020700 AXP NASDAQ 100 INDEX FUND
007 C030700 N
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 AMERICAN EXPRESS FINANCIAL CORPORATION
008 B00AA01 A
008 C00AA01 801-14721
008 D01AA01 MINNEAPOLIS
<PAGE> PAGE 2
008 D02AA01 MN
008 D03AA01 55440
008 D04AA01 0010
008 A00AA02 STATE STREET GLOBAL ADVISORS
008 B00AA02 S
008 C00AA02 801-N/A
008 D01AA02 BOSTON
008 D02AA02 MA
008 D03AA02 02110
011 A00AA01 AMERICAN EXPRESS FINANCIAL ADVISORS INC.
011 B00AA01 8-16791
011 C01AA01 MINNEAPOLIS
011 C02AA01 MN
011 C03AA01 55440
011 C04AA01 0010
013 A00AA01 KPMG LLP
013 B01AA01 MINNEAPOLIS
013 B02AA01 MN
013 B03AA01 55402
013 B04AA01 3900
014 A00AA01 AMERICAN EXPRESS FINANCIAL ADVISORS JAPAN INC
014 B00AA01 8-12550
014 A00AA02 AMERICAN EXPRESS FINANCIAL ADVISORS INC.
014 B00AA02 8-16791
014 A00AA03 IDS LIFE INSURANCE COMPANY
014 B00AA03 8-14124
014 A00AA04 SECURITIES AMERICA INC.
014 B00AA04 8-26602
014 A00AA05 AMERICAN ENTERPRISE INVESTMENT SERVICES INC.
014 B00AA05 8-42582
014 A00AA06 AMERICAN EXPRESS SERVICE CORPORATION
014 B00AA06 8-27456
015 A00AA01 AMERICAN EXPRESS TRUST COMPANY
015 B00AA01 C
015 C01AA01 MINNEAPOLIS
015 C02AA01 MN
015 C03AA01 55402
015 C04AA01 2307
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 58
019 C00AA00 AMEXPFUNDS
020 A000001 SALOMON SMITH BARNEY INC.
020 B000001 13-1812900
020 C000001 570
020 A000002 MORGAN STANLEY & CO., INC.
020 B000002 13-2655998
020 C000002 455
020 A000003 CREDIT SUISSE FIRST BOSTON CORP.
020 B000003 13-5659485
<PAGE> PAGE 3
020 C000003 433
020 A000004 GOLDMAN SACHS & CO.
020 B000004 13-5108880
020 C000004 334
020 A000005 MERRILL LYNCH & CO., INC.
020 B000005 13-5674085
020 C000005 276
020 A000006 MORGAN (J.P.) SECURITIES INC.
020 B000006 13-3224016
020 C000006 177
020 A000007 AMERICAN ENTERPRISE INV. SERV INC.
020 B000007 41-1667086
020 C000007 154
020 A000008 LYNCH, JONES & RYAN, INC.
020 B000008 13-3356934
020 C000008 144
020 A000009 PAINEWEBBER INC.
020 B000009 13-3573755
020 C000009 126
020 A000010 NATWEST SECURITIES
020 B000010 13-3312778
020 C000010 102
021 000000 5136
022 A000001 NATWEST SECURITIES CORP.
022 B000001 13-3312778
022 C000001 538296
022 D000001 350594
022 A000002 SALOMON SMITH BARNEY INC.
022 B000002 13-1912900
022 C000002 295138
022 D000002 452444
022 A000003 LEHMAN COMMERCIAL PAPER INC.
022 B000003 13-2501865
022 C000003 517011
022 D000003 251750
022 A000004 MORGAN STANLEY & CO., INC.
022 B000004 13-2655998
022 C000004 464163
022 D000004 305979
022 A000005 MORGAN (J.P.) SECURITIES
022 B000005 13-3224016
022 C000005 420488
022 D000005 200081
022 A000006 MERRILL LYNCH & CO., INC.
022 B000006 13-5674085
022 C000006 358110
022 D000006 110459
022 A000007 LEHMAN BROTHERS INC.
022 B000007 13-2518466
022 C000007 242458
022 D000007 155703
<PAGE> PAGE 4
022 A000008 CREDIT SUISSE FIRST BOSTON CORP.
022 B000008 13-5659485
022 C000008 218437
022 D000008 150623
022 A000009 GOLDMAN SACH & CO.
022 B000009 13-5108880
022 C000009 281047
022 D000009 0
022 A000010 NATIONSBANK
022 B000010 75-0520130
022 C000010 101591
022 D000010 13451
023 C000000 3981810
023 D000000 2058570
062 A00AA00 N
062 B00AA00 0.0
062 C00AA00 0.0
062 D00AA00 0.0
062 E00AA00 0.0
062 F00AA00 0.0
062 G00AA00 0.0
062 H00AA00 0.0
062 I00AA00 0.0
062 J00AA00 0.0
062 K00AA00 0.0
062 L00AA00 0.0
062 M00AA00 0.0
062 N00AA00 0.0
062 O00AA00 0.0
062 P00AA00 0.0
062 Q00AA00 0.0
062 R00AA00 0.0
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 Y
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
<PAGE> PAGE 5
078 000000 N
080 A00AA00 RELIANCE INSURANCE CO.
080 C00AA00 2500
081 A00AA00 N
081 B00AA00 0
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
024 000100 Y
025 A000101 BANK OF AMERICA
025 B000101 94-1687655
025 C000101 E
025 D000101 45954
025 A000102 MORGAN STANLEY
025 B000102 13-2655998
025 C000102 E
025 D000102 38306
025 A000103 FLEET BOSTON FINANCIAL
025 B000103 05-0341324
025 C000103 E
025 D000103 27101
025 A000104 FLEET FUNDING
025 B000104 05-0341324
025 C000104 D
025 D000104 5590
025 A000105 SALOMON SMITH BARNEY
025 B000105 13-1912900
025 C000105 D
025 D000105 4797
025 A000106 DELETE
025 D000106 0
025 D000107 0
025 D000108 0
028 A010100 115072
<PAGE> PAGE 6
028 A020100 0
028 A030100 0
028 A040100 57750
028 B010100 125631
028 B020100 1330
028 B030100 0
028 B040100 55871
028 C010100 115404
028 C020100 0
028 C030100 0
028 C040100 59637
028 D010100 112864
028 D020100 1
028 D030100 0
028 D040100 73588
028 E010100 125685
028 E020100 388282
028 E030100 0
028 E040100 83434
028 F010100 153530
028 F020100 -15
028 F030100 0
028 F040100 100857
028 G010100 748186
028 G020100 389598
028 G030100 0
028 G040100 431137
028 H000100 144045
029 000100 Y
030 A000100 11038
030 B000100 5.00
030 C000100 0.50
031 A000100 4244
031 B000100 0
032 000100 0
033 000100 6794
034 000100 Y
035 000100 1088
036 A000100 N
036 B000100 0
042 A000100 0
042 B000100 0
042 C000100 0
042 D000100 0
042 E000100 0
042 F000100 0
042 G000100 0
042 H000100 100
043 000100 15685
044 000100 0
066 A000100 Y
<PAGE> PAGE 7
066 B000100 N
066 C000100 N
066 D000100 N
066 E000100 N
066 F000100 N
066 G000100 Y
067 000100 N
068 A000100 N
068 B000100 N
069 000100 N
070 A010100 Y
070 A020100 N
070 B010100 Y
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 Y
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 Y
070 F020100 Y
070 G010100 N
070 G020100 N
070 H010100 Y
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 N
070 L010100 Y
070 L020100 Y
070 M010100 Y
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 Y
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 3762987
071 B000100 3043508
071 C000100 3753126
071 D000100 81
072 A000100 12
<PAGE> PAGE 8
072 B000100 41771
072 C000100 6000
072 D000100 0
072 E000100 0
072 F000100 15727
072 G000100 945
072 H000100 0
072 I000100 5752
072 J000100 218
072 K000100 585
072 L000100 0
072 M000100 18
072 N000100 488
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 24
072 S000100 0
072 T000100 15685
072 U000100 0
072 V000100 0
072 W000100 2676
072 X000100 42118
072 Y000100 119
072 Z000100 5772
072AA000100 481709
072BB000100 0
072CC010100 0
072CC020100 144390
072DD010100 5371
072DD020100 1314
072EE000100 401004
073 A010100 0.0000
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 132
074 B000100 0
074 C000100 109971
074 D000100 0
074 E000100 0
074 F000100 4300333
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 17722
074 K000100 0
074 L000100 3370
074 M000100 0
074 N000100 4431528
074 O000100 18141
<PAGE> PAGE 9
074 P000100 383
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 428
074 S000100 0
074 T000100 4412576
074 U010100 208006
074 U020100 167785
074 V010100 0.00
074 V020100 0.00
074 W000100 0.0000
074 X000100 329758
074 Y000100 0
075 A000100 0
075 B000100 3866879
076 000100 0.00
024 000200 Y
025 A000201 JEFFRIES GROUP
025 B000201 95-2622900
025 C000201 E
025 D000201 1447
025 A000202 RAYMOND JAMES FINANCIAL
025 B000202 59-1237041
025 C000202 E
025 D000202 2463
025 A000203 DAIN RAUSCHER
025 B000203 41-0212020
025 C000203 E
025 D000203 1723
025 A000204 DELETE
025 D000204 0
025 A000205 DELETE
025 D000205 0
025 A000206 DELETE
025 D000206 0
025 D000207 0
025 D000208 0
028 A010200 23400
028 A020200 1
028 A030200 0
028 A040200 24128
028 B010200 24267
028 B020200 0
028 B030200 0
028 B040200 26751
028 C010200 20769
028 C020200 0
028 C030200 0
028 C040200 22192
<PAGE> PAGE 10
028 D010200 20450
028 D020200 0
028 D030200 0
028 D040200 27825
028 E010200 24755
028 E020200 56077
028 E030200 0
028 E040200 41101
028 F010200 23612
028 F020200 4
028 F030200 0
028 F040200 39446
028 G010200 137253
028 G020200 56082
028 G030200 0
028 G040200 181443
028 H000200 16608
029 000200 Y
030 A000200 2505
030 B000200 5.00
030 C000200 0.50
031 A000200 997
031 B000200 0
032 000200 0
033 000200 1508
034 000200 Y
035 000200 502
036 A000200 N
036 B000200 0
042 A000200 0
042 B000200 0
042 C000200 0
042 D000200 0
042 E000200 0
042 F000200 0
042 G000200 0
042 H000200 100
043 000200 4266
044 000200 0
071 A000200 290043
071 B000200 347881
071 C000200 957218
071 D000200 30
072 A000200 12
072 B000200 785
072 C000200 7520
072 D000200 0
072 E000200 0
072 F000200 3550
072 G000200 700
072 H000200 0
<PAGE> PAGE 11
072 I000200 2485
072 J000200 94
072 K000200 247
072 L000200 0
072 M000200 10
072 N000200 127
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 20
072 S000200 0
072 T000200 4266
072 U000200 0
072 V000200 0
072 W000200 747
072 X000200 12246
072 Y000200 44
072 Z000200 -3897
072AA000200 56224
072BB000200 0
072CC010200 32500
072CC020200 0
072DD010200 0
072DD020200 0
072EE000200 58975
073 A010200 0.0000
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 220
074 B000200 0
074 C000200 19299
074 D000200 0
074 E000200 0
074 F000200 994127
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 6916
074 K000200 0
074 L000200 302
074 M000200 133
074 N000200 1020997
074 O000200 5403
074 P000200 99
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 13528
074 S000200 0
<PAGE> PAGE 12
074 T000200 1001967
074 U010200 96492
074 U020200 64348
074 V010200 0.00
074 V020200 0.00
074 W000200 0.0000
074 X000200 120758
074 Y000200 0
075 A000200 0
075 B000200 969211
076 000200 0.00
024 000300 Y
025 A000301 BANK OF AMERICA
025 B000301 94-1687655
025 C000301 E
025 D000301 109
025 A000302 BEAR STEARNS COMPAINES
025 B000302 13-3299429
025 C000302 E
025 D000302 6
025 A000303 CHASE MANHATTAN
025 B000303 13-5225436
025 C000303 E
025 D000303 88
025 A000304 FLEETBOSTON FINANCIAL
025 B000304 05-0341324
025 C000304 E
025 D000304 38
025 A000305 LEHMAN BROTHERS HOLDINGS
025 B000305 13-2518466
025 C000305 E
025 D000305 11
025 A000306 MERRILL LYNCH & CO.
025 B000306 13-5674085
025 C000306 E
025 D000306 43
025 A000307 MORGAN (JP)
025 B000307 13-3224016
025 C000307 E
025 D000307 28
025 A000308 MORGAN STANLEY
025 B000308 13-2655998
025 C000308 E
025 D000308 98
025 A000309 PAINEWEBBER GROUP
025 B000309 13-2638166
025 C000309 E
025 D000309 7
025 A000310 SCHWAB (CHARLES)
025 B000310 94-1704902
025 C000310 E
<PAGE> PAGE 13
025 D000310 39
025 D000311 0
025 D000312 0
025 D000313 0
025 D000314 0
025 D000315 0
025 D000316 0
028 A010300 0
028 A020300 0
028 A030300 0
028 A040300 0
028 B010300 0
028 B020300 0
028 B030300 0
028 B040300 0
028 C010300 0
028 C020300 0
028 C030300 0
028 C040300 0
028 D010300 1081
028 D020300 0
028 D030300 0
028 D040300 0
028 E010300 1751
028 E020300 23
028 E030300 0
028 E040300 20
028 F010300 3054
028 F020300 0
028 F030300 0
028 F040300 111
028 G010300 5886
028 G020300 23
028 G030300 0
028 G040300 131
028 H000300 0
029 000300 N
030 A000300 0
030 B000300 0.00
030 C000300 0.00
031 A000300 0
031 B000300 0
032 000300 0
033 000300 0
034 000300 N
035 000300 0
036 B000300 0
037 000300 Y
038 000300 0
039 000300 N
040 000300 Y
<PAGE> PAGE 14
041 000300 Y
042 A000300 0
042 B000300 0
042 C000300 0
042 D000300 0
042 E000300 0
042 F000300 0
042 G000300 0
042 H000300 100
043 000300 3
044 000300 0
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.000
048 A010300 250000
048 A020300 0.024
048 B010300 250000
048 B020300 0.024
048 C010300 250000
048 C020300 0.024
048 D010300 250000
048 D020300 0.024
048 E010300 1000000
048 E020300 0.023
048 F010300 3000000
048 F020300 0.022
048 G010300 0
048 G020300 0.000
048 H010300 0
048 H020300 0.000
048 I010300 0
048 I020300 0.000
048 J010300 0
048 J020300 0.000
048 K010300 5000000
048 K020300 0.021
049 000300 N
050 000300 N
051 000300 N
052 000300 N
053 A000300 N
055 A000300 N
055 B000300 N
056 000300 Y
057 000300 N
058 A000300 N
059 000300 Y
060 A000300 N
060 B000300 N
061 000300 2000
<PAGE> PAGE 15
066 A000300 Y
066 B000300 N
066 C000300 Y
066 D000300 N
066 E000300 N
066 F000300 N
066 G000300 N
067 000300 N
068 A000300 N
068 B000300 N
069 000300 Y
070 A010300 Y
070 A020300 N
070 B010300 Y
070 B020300 N
070 C010300 N
070 C020300 N
070 D010300 Y
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 Y
070 F020300 N
070 G010300 N
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 Y
070 M010300 Y
070 M020300 Y
070 N010300 Y
070 N020300 Y
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 Y
070 R020300 N
071 A000300 10459
071 B000300 4900
071 C000300 13235
071 D000300 37
<PAGE> PAGE 16
072 A000300 4
072 B000300 2
072 C000300 40
072 D000300 0
072 E000300 0
072 F000300 8
072 G000300 4
072 H000300 0
072 I000300 0
072 J000300 15
072 K000300 3
072 L000300 0
072 M000300 0
072 N000300 68
072 O000300 0
072 P000300 0
072 Q000300 0
072 R000300 13
072 S000300 0
072 T000300 3
072 U000300 0
072 V000300 0
072 W000300 18
072 X000300 132
072 Y000300 115
072 Z000300 25
072AA000300 0
072BB000300 11
072CC010300 592
072CC020300 0
072DD010300 8
072DD020300 16
072EE000300 1
073 A010300 0.0000
073 A020300 0.0000
073 B000300 0.0000
073 C000300 0.0000
074 A000300 51
074 B000300 0
074 C000300 500
074 D000300 0
074 E000300 0
074 F000300 16279
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 48
074 K000300 0
074 L000300 47
074 M000300 0
074 N000300 16925
<PAGE> PAGE 17
074 O000300 348
074 P000300 1
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 73
074 S000300 0
074 T000300 16503
074 U010300 1320
074 U020300 1723
074 V010300 0.00
074 V020300 0.00
074 W000300 0.0000
074 X000300 227
074 Y000300 0
075 A000300 0
075 B000300 13349
076 000300 0.00
024 000400 Y
025 A000401 EDWARDS (AG)
025 B000401 43-0895447
025 C000401 E
025 D000401 39
025 A000402 LEGG MASON
025 B000402 52-0902557
025 C000402 E
025 D000402 27
025 D000403 0
025 D000404 0
025 D000405 0
025 D000406 0
025 D000407 0
025 D000408 0
028 A010400 0
028 A020400 0
028 A030400 0
028 A040400 0
028 B010400 0
028 B020400 0
028 B030400 0
028 B040400 0
028 C010400 0
028 C020400 0
028 C030400 0
028 C040400 0
028 D010400 123
028 D020400 0
028 D030400 0
028 D040400 0
028 E010400 209
<PAGE> PAGE 18
028 E020400 29
028 E030400 0
028 E040400 0
028 F010400 402
028 F020400 0
028 F030400 0
028 F040400 11
028 G010400 734
028 G020400 29
028 G030400 0
028 G040400 11
028 H000400 0
029 000400 N
030 A000400 0
030 B000400 0.00
030 C000400 0.00
031 A000400 0
031 B000400 0
032 000400 0
033 000400 0
034 000400 N
035 000400 0
036 B000400 0
037 000400 Y
038 000400 0
039 000400 N
040 000400 Y
041 000400 Y
042 A000400 0
042 B000400 0
042 C000400 0
042 D000400 0
042 E000400 0
042 F000400 0
042 G000400 0
042 H000400 100
043 000400 2
044 000400 0
045 000400 Y
046 000400 N
047 000400 Y
048 000400 0.000
048 A010400 250000
048 A020400 0.026
048 B010400 250000
048 B020400 0.026
048 C010400 250000
048 C020400 0.026
048 D010400 250000
048 D020400 0.026
048 E010400 1000000
<PAGE> PAGE 19
048 E020400 0.025
048 F010400 3000000
048 F020400 0.024
048 G010400 0
048 G020400 0.000
048 H010400 0
048 H020400 0.000
048 I010400 0
048 I020400 0.000
048 J010400 0
048 J020400 0.000
048 K010400 5000000
048 K020400 0.023
049 000400 N
050 000400 N
051 000400 N
052 000400 N
053 A000400 N
055 A000400 N
055 B000400 N
056 000400 Y
057 000400 N
058 A000400 N
059 000400 Y
060 A000400 N
060 B000400 N
061 000400 2000
066 A000400 Y
066 B000400 N
066 C000400 Y
066 D000400 N
066 E000400 N
066 F000400 N
066 G000400 N
067 000400 N
068 A000400 N
068 B000400 N
069 000400 Y
070 A010400 Y
070 A020400 N
070 B010400 Y
070 B020400 N
070 C010400 N
070 C020400 N
070 D010400 Y
070 D020400 N
070 E010400 N
070 E020400 N
070 F010400 Y
070 F020400 N
070 G010400 N
<PAGE> PAGE 20
070 G020400 N
070 H010400 Y
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 N
070 L010400 Y
070 L020400 N
070 M010400 Y
070 M020400 N
070 N010400 Y
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 Y
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 Y
070 R020400 N
071 A000400 2675
071 B000400 1872
071 C000400 11535
071 D000400 16
072 A000400 4
072 B000400 0
072 C000400 41
072 D000400 0
072 E000400 0
072 F000400 8
072 G000400 4
072 H000400 0
072 I000400 0
072 J000400 2
072 K000400 3
072 L000400 0
072 M000400 0
072 N000400 28
072 O000400 0
072 P000400 0
072 Q000400 0
072 R000400 12
072 S000400 0
072 T000400 2
072 U000400 0
072 V000400 0
072 W000400 6
072 X000400 65
<PAGE> PAGE 21
072 Y000400 48
072 Z000400 24
072AA000400 248
072BB000400 0
072CC010400 1033
072CC020400 0
072DD010400 6
072DD020400 16
072EE000400 7
073 A010400 0.0000
073 A020400 0.0000
073 B000400 0.0000
073 C000400 0.0000
074 A000400 25
074 B000400 0
074 C000400 0
074 D000400 0
074 E000400 12221
074 F000400 0
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 322
074 K000400 0
074 L000400 9
074 M000400 10
074 N000400 12587
074 O000400 399
074 P000400 1
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 15
074 S000400 0
074 T000400 12172
074 U010400 701
074 U020400 1430
074 V010400 0.00
074 V020400 0.00
074 W000400 0.0000
074 X000400 34
074 Y000400 0
075 A000400 0
075 B000400 11523
076 000400 0.00
024 000500 Y
025 A000501 BANK OF AMERICA
025 B000501 94-1687655
025 C000501 E
025 D000501 10
<PAGE> PAGE 22
025 A000502 BEAR STEARNS COMPANIES
025 B000502 13-3299429
025 C000502 E
025 D000502 8
025 A000503 CHASE MANHATTAN
025 B000503 13-5225436
025 C000503 E
025 D000503 104
025 A000504 DAIN RAUSCHER
025 B000504 41-0212020
025 C000504 E
025 D000504 2
025 A000505 EDWARDS (AG)
025 B000505 43-0895447
025 C000505 E
025 D000505 5
025 A000506 FLEETBOSTON
025 B000506 05-0341324
025 C000506 E
025 D000506 45
025 A000507 GOLDMAN SACH GROUP
025 B000507 13-5108880
025 C000507 E
025 D000507 10
025 A000508 JEFFERIES GROUP
025 B000508 95-2622900
025 C000508 E
025 D000508 2
025 A000509 LEGG MASON
025 B000509 52-0902257
025 C000509 E
025 D000509 3
025 A000510 LEHMAN BROTHERS
025 B000510 13-2518466
025 C000510 E
025 D000510 13
025 A000511 MERILL LYNCH
025 B000511 13-5674085
025 C000511 E
025 D000511 50
025 A000512 MORGAN (JP)
025 B000512 13-3224016
025 C000512 E
025 D000512 34
025 A000513 MORGAN KEEGAN
025 B000513 64-0474907
025 C000513 E
025 D000513 2
025 A000514 MORGAN STANLEY
025 B000514 13-2655998
025 C000514 E
<PAGE> PAGE 23
025 D000514 118
025 A000515 PAINEWEBBER GROUP
025 B000515 13-2638166
025 C000515 E
025 D000515 9
025 A000516 RAYMOND JAMES FINANCIAL
025 B000516 591237041
025 C000516 E
025 D000516 2
025 A000517 TRAVERLERS PROPERTY CASUALTY
025 B000517 13-1912800
025 C000517 E
025 D000517 4
025 A000518 SCHWAB (CHARLES)
025 B000518 94-1704902
025 C000518 E
025 D000518 46
025 D000519 0
025 D000520 0
025 D000521 0
025 D000522 0
025 D000523 0
025 D000524 0
028 A010500 0
028 A020500 0
028 A030500 0
028 A040500 0
028 B010500 0
028 B020500 0
028 B030500 0
028 B040500 0
028 C010500 0
028 C020500 0
028 C030500 0
028 C040500 0
028 D010500 88
028 D020500 0
028 D030500 0
028 D040500 0
028 E010500 301
028 E020500 40
028 E030500 0
028 E040500 1
028 F010500 457
028 F020500 0
028 F030500 0
028 F040500 17
028 G010500 846
028 G020500 40
028 G030500 0
028 G040500 18
<PAGE> PAGE 24
028 H000500 0
029 000500 N
030 A000500 0
030 B000500 0.00
030 C000500 0.00
031 A000500 0
031 B000500 0
032 000500 0
033 000500 0
034 000500 N
035 000500 0
036 B000500 0
037 000500 Y
038 000500 0
039 000500 N
040 000500 Y
041 000500 Y
042 A000500 0
042 B000500 0
042 C000500 0
042 D000500 0
042 E000500 0
042 F000500 0
042 G000500 0
042 H000500 100
043 000500 5
044 000500 0
045 000500 Y
046 000500 N
047 000500 Y
048 000500 0.000
048 A010500 250000
048 A020500 0.030
048 B010500 250000
048 B020500 0.030
048 C010500 250000
048 C020500 0.029
048 D010500 250000
048 D020500 0.029
048 E010500 1000000
048 E020500 0.028
048 F010500 3000000
048 F020500 0.027
048 G010500 0
048 G020500 0.000
048 H010500 0
048 H020500 0.000
048 I010500 0
048 I020500 0.000
048 J010500 0
048 J020500 0.000
<PAGE> PAGE 25
048 K010500 5000000
048 K020500 0.026
049 000500 N
050 000500 N
051 000500 N
052 000500 N
053 A000500 N
055 A000500 N
055 B000500 N
056 000500 Y
057 000500 N
058 A000500 N
059 000500 Y
060 A000500 N
060 B000500 N
061 000500 2000
066 A000500 Y
066 B000500 N
066 C000500 Y
066 D000500 N
066 E000500 N
066 F000500 N
066 G000500 N
067 000500 N
068 A000500 N
068 B000500 N
069 000500 Y
070 A010500 Y
070 A020500 N
070 B010500 Y
070 B020500 N
070 C010500 N
070 C020500 N
070 D010500 Y
070 D020500 N
070 E010500 N
070 E020500 N
070 F010500 Y
070 F020500 N
070 G010500 N
070 G020500 N
070 H010500 Y
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 N
070 L010500 Y
070 L020500 N
<PAGE> PAGE 26
070 M010500 Y
070 M020500 N
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 Y
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 Y
070 R020500 N
071 A000500 1901
071 B000500 1041
071 C000500 23160
071 D000500 4
072 A000500 4
072 B000500 0
072 C000500 72
072 D000500 0
072 E000500 0
072 F000500 19
072 G000500 7
072 H000500 0
072 I000500 0
072 J000500 2
072 K000500 3
072 L000500 0
072 M000500 1
072 N000500 32
072 O000500 0
072 P000500 0
072 Q000500 0
072 R000500 12
072 S000500 0
072 T000500 5
072 U000500 0
072 V000500 0
072 W000500 5
072 X000500 86
072 Y000500 50
072 Z000500 36
072AA000500 48
072BB000500 0
072CC010500 2216
072CC020500 0
072DD010500 10
072DD020500 30
072EE000500 0
073 A010500 0.0000
073 A020500 0.0000
<PAGE> PAGE 27
073 B000500 0.0000
073 C000500 0.0000
074 A000500 26
074 B000500 0
074 C000500 0
074 D000500 0
074 E000500 0
074 F000500 23878
074 G000500 0
074 H000500 0
074 I000500 0
074 J000500 0
074 K000500 0
074 L000500 15
074 M000500 4
074 N000500 23923
074 O000500 0
074 P000500 1
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 22
074 S000500 0
074 T000500 23900
074 U010500 1306
074 U020500 2843
074 V010500 0.00
074 V020500 0.00
074 W000500 0.0000
074 X000500 38
074 Y000500 0
075 A000500 0
075 B000500 23193
076 000500 0.00
024 000600 N
028 A010600 0
028 A020600 0
028 A030600 0
028 A040600 0
028 B010600 0
028 B020600 0
028 B030600 0
028 B040600 0
028 C010600 0
028 C020600 0
028 C030600 0
028 C040600 0
028 D010600 110
028 D020600 0
028 D030600 0
<PAGE> PAGE 28
028 D040600 15
028 E010600 289
028 E020600 25
028 E030600 0
028 E040600 20
028 F010600 211
028 F020600 0
028 F030600 0
028 F040600 3
028 G010600 610
028 G020600 25
028 G030600 0
028 G040600 38
028 H000600 0
029 000600 N
030 A000600 0
030 B000600 0.00
030 C000600 0.00
031 A000600 0
031 B000600 0
032 000600 0
033 000600 0
034 000600 N
035 000600 0
036 B000600 0
037 000600 Y
038 000600 0
039 000600 N
040 000600 Y
041 000600 Y
042 A000600 0
042 B000600 0
042 C000600 0
042 D000600 0
042 E000600 0
042 F000600 0
042 G000600 0
042 H000600 100
043 000600 5
044 000600 0
045 000600 Y
046 000600 N
047 000600 Y
048 000600 0.000
048 A010600 250000
048 A020600 0.050
048 B010600 250000
048 B020600 0.050
048 C010600 250000
048 C020600 0.049
048 D010600 250000
<PAGE> PAGE 29
048 D020600 0.049
048 E010600 1000000
048 E020600 0.048
048 F010600 3000000
048 F020600 0.047
048 G010600 0
048 G020600 0.000
048 H010600 0
048 H020600 0.000
048 I010600 0
048 I020600 0.000
048 J010600 0
048 J020600 0.000
048 K010600 5000000
048 K020600 0.046
049 000600 N
050 000600 N
051 000600 N
052 000600 N
053 A000600 N
055 A000600 N
055 B000600 N
056 000600 Y
057 000600 N
058 A000600 N
059 000600 Y
060 A000600 N
060 B000600 N
061 000600 2000
066 A000600 Y
066 B000600 N
066 C000600 Y
066 D000600 N
066 E000600 N
066 F000600 N
066 G000600 N
067 000600 N
068 A000600 N
068 B000600 N
069 000600 Y
070 A010600 Y
070 A020600 N
070 B010600 Y
070 B020600 N
070 C010600 N
070 C020600 N
070 D010600 Y
070 D020600 N
070 E010600 N
070 E020600 N
070 F010600 Y
<PAGE> PAGE 30
070 F020600 Y
070 G010600 N
070 G020600 N
070 H010600 Y
070 H020600 N
070 I010600 N
070 I020600 N
070 J010600 Y
070 J020600 N
070 K010600 Y
070 K020600 N
070 L010600 Y
070 L020600 Y
070 M010600 Y
070 M020600 N
070 N010600 Y
070 N020600 N
070 O010600 Y
070 O020600 N
070 P010600 Y
070 P020600 N
070 Q010600 N
070 Q020600 N
070 R010600 Y
070 R020600 N
071 A000600 19656
071 B000600 791
071 C000600 661509
071 D000600 4
072 A000600 4
072 B000600 23
072 C000600 38
072 D000600 0
072 E000600 0
072 F000600 30
072 G000600 8
072 H000600 0
072 I000600 1
072 J000600 3
072 K000600 3
072 L000600 0
072 M000600 0
072 N000600 20
072 O000600 0
072 P000600 0
072 Q000600 0
072 R000600 13
072 S000600 0
072 T000600 5
072 U000600 0
072 V000600 0
<PAGE> PAGE 31
072 W000600 4
072 X000600 86
072 Y000600 43
072 Z000600 18
072AA000600 157
072BB000600 0
072CC010600 1509
072CC020600 0
072DD010600 7
072DD020600 18
072EE000600 0
073 A010600 0.0000
073 A020600 0.0000
073 B000600 0.0000
073 C000600 0.0000
074 A000600 310
074 B000600 0
074 C000600 1348
074 D000600 8
074 E000600 63
074 F000600 20352
074 G000600 0
074 H000600 0
074 I000600 0
074 J000600 527
074 K000600 0
074 L000600 14
074 M000600 43
074 N000600 22665
074 O000600 341
074 P000600 10
074 Q000600 0
074 R010600 0
074 R020600 0
074 R030600 0
074 R040600 54
074 S000600 0
074 T000600 22260
074 U010600 1271
074 U020600 2837
074 V010600 0.00
074 V020600 0.00
074 W000600 0.0000
074 X000600 33
074 Y000600 0
075 A000600 0
075 B000600 22
076 000600 0.00
024 000700 N
028 A010700 0
028 A020700 0
<PAGE> PAGE 32
028 A030700 0
028 A040700 0
028 B010700 0
028 B020700 0
028 B030700 0
028 B040700 0
028 C010700 0
028 C020700 0
028 C030700 0
028 C040700 0
028 D010700 1264
028 D020700 0
028 D030700 0
028 D040700 15
028 E010700 2520
028 E020700 0
028 E030700 0
028 E040700 26
028 F010700 4747
028 F020700 0
028 F030700 0
028 F040700 168
028 G010700 8531
028 G020700 0
028 G030700 0
028 G040700 209
028 H000700 0
029 000700 N
030 A000700 0
030 B000700 0.00
030 C000700 0.00
031 A000700 0
031 B000700 0
032 000700 0
033 000700 0
034 000700 N
035 000700 0
036 B000700 0
037 000700 Y
038 000700 0
039 000700 N
040 000700 Y
041 000700 Y
042 A000700 0
042 B000700 0
042 C000700 0
042 D000700 0
042 E000700 0
042 F000700 0
042 G000700 0
042 H000700 100
<PAGE> PAGE 33
043 000700 4
044 000700 0
045 000700 Y
046 000700 N
047 000700 Y
048 000700 0.000
048 A010700 250000
048 A020700 0.038
048 B010700 250000
048 B020700 0.038
048 C010700 250000
048 C020700 0.037
048 D010700 250000
048 D020700 0.037
048 E010700 1000000
048 E020700 0.036
048 F010700 3000000
048 F020700 0.035
048 G010700 0
048 G020700 0.000
048 H010700 0
048 H020700 0.000
048 I010700 0
048 I020700 0.000
048 J010700 0
048 J020700 0.000
048 K010700 5000000
048 K020700 0.034
049 000700 N
050 000700 N
051 000700 N
052 000700 N
053 A000700 N
055 A000700 N
055 B000700 N
056 000700 Y
057 000700 N
058 A000700 N
059 000700 Y
060 A000700 N
060 B000700 N
061 000700 2000
066 A000700 Y
066 B000700 N
066 C000700 Y
066 D000700 N
066 E000700 N
066 F000700 N
066 G000700 N
067 000700 N
068 A000700 N
<PAGE> PAGE 34
068 B000700 N
069 000700 Y
070 A010700 Y
070 A020700 N
070 B010700 Y
070 B020700 N
070 C010700 N
070 C020700 N
070 D010700 Y
070 D020700 N
070 E010700 N
070 E020700 N
070 F010700 Y
070 F020700 N
070 G010700 N
070 G020700 N
070 H010700 Y
070 H020700 N
070 I010700 N
070 I020700 N
070 J010700 Y
070 J020700 N
070 K010700 Y
070 K020700 N
070 L010700 Y
070 L020700 N
070 M010700 Y
070 M020700 N
070 N010700 Y
070 N020700 N
070 O010700 Y
070 O020700 N
070 P010700 Y
070 P020700 N
070 Q010700 N
070 Q020700 N
070 R010700 Y
070 R020700 N
071 A000700 16723
071 B000700 8632
071 C000700 17026
071 D000700 51
072 A000700 4
072 B000700 3
072 C000700 2
072 D000700 0
072 E000700 0
072 F000700 17
072 G000700 3
072 H000700 0
072 I000700 1
<PAGE> PAGE 35
072 J000700 2
072 K000700 3
072 L000700 0
072 M000700 0
072 N000700 28
072 O000700 0
072 P000700 0
072 Q000700 0
072 R000700 12
072 S000700 0
072 T000700 4
072 U000700 0
072 V000700 0
072 W000700 4
072 X000700 74
072 Y000700 46
072 Z000700 -23
072AA000700 250
072BB000700 0
072CC010700 4641
072CC020700 0
072DD010700 0
072DD020700 0
072EE000700 0
073 A010700 0.0000
073 A020700 0.0000
073 B000700 0.0000
073 C000700 0.0000
074 A000700 2
074 B000700 0
074 C000700 600
074 D000700 0
074 E000700 0
074 F000700 23512
074 G000700 0
074 H000700 0
074 I000700 0
074 J000700 719
074 K000700 0
074 L000700 0
074 M000700 88
074 N000700 24921
074 O000700 1184
074 P000700 1
074 Q000700 0
074 R010700 0
074 R020700 0
074 R030700 0
074 R040700 19
074 S000700 0
074 T000700 23717
<PAGE> PAGE 36
074 U010700 1469
074 U020700 1685
074 V010700 0.00
074 V020700 0.00
074 W000700 0.0000
074 X000700 441
074 Y000700 0
075 A000700 0
075 B000700 17161
076 000700 0.00
SIGNATURE LESLIE L. OGG
TITLE VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 2
<NAME> AXP BLUE CHIP ADVANTAGE FUND CLASS A
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JAN-31-2000
<PERIOD-END> JAN-31-2000
<INVESTMENTS-AT-COST> 3868890165
<INVESTMENTS-AT-VALUE> 4410303610
<RECEIVABLES> 21091954
<ASSETS-OTHER> 132600
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 4431528164
<PAYABLE-FOR-SECURITIES> 18141128
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 810657
<TOTAL-LIABILITIES> 18951785
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3674257179
<SHARES-COMMON-STOCK> 208005529
<SHARES-COMMON-PRIOR> 156768848
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 199682988
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 538636212
<NET-ASSETS> 2454976470
<DIVIDEND-INCOME> 41771495
<INTEREST-INCOME> 5999841
<OTHER-INCOME> 0
<EXPENSES-NET> 41999583
<NET-INVESTMENT-INCOME> 5771753
<REALIZED-GAINS-CURRENT> 481709577
<APPREC-INCREASE-CURRENT> (144389996)
<NET-CHANGE-FROM-OPS> 343091334
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 5370861
<DISTRIBUTIONS-OF-GAINS> 222300020
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 70306873
<NUMBER-OF-SHARES-REDEEMED> 36683617
<SHARES-REINVESTED> 17613425
<NET-CHANGE-IN-ASSETS> 1118016333
<ACCUMULATED-NII-PRIOR> 281534
<ACCUMULATED-GAINS-PRIOR> 118977185
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 15726885
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 42118372
<AVERAGE-NET-ASSETS> 2185220847
<PER-SHARE-NAV-BEGIN> 11.88
<PER-SHARE-NII> .03
<PER-SHARE-GAIN-APPREC> 1.11
<PER-SHARE-DIVIDEND> (0.03)
<PER-SHARE-DISTRIBUTIONS> (1.19)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 11.80
<EXPENSE-RATIO> .83
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 3
<NAME> AXP BLUE CHIP ADVANTAGE FUND CLASS B
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JAN-31-2000
<PERIOD-END> JAN-31-2000
<INVESTMENTS-AT-COST> 3868890165
<INVESTMENTS-AT-VALUE> 4410303610
<RECEIVABLES> 21091954
<ASSETS-OTHER> 132600
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 4431528164
<PAYABLE-FOR-SECURITIES> 18141128
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 810657
<TOTAL-LIABILITIES> 18951785
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3674257179
<SHARES-COMMON-STOCK> 136515216
<SHARES-COMMON-PRIOR> 94082982
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 199682988
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 538636212
<NET-ASSETS> 1588203490
<DIVIDEND-INCOME> 41771495
<INTEREST-INCOME> 5999841
<OTHER-INCOME> 0
<EXPENSES-NET> 41999583
<NET-INVESTMENT-INCOME> 5771753
<REALIZED-GAINS-CURRENT> 481709577
<APPREC-INCREASE-CURRENT> (144389996)
<NET-CHANGE-FROM-OPS> 343091334
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 14899
<DISTRIBUTIONS-OF-GAINS> 144513386
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 44520338
<NUMBER-OF-SHARES-REDEEMED> 14036097
<SHARES-REINVESTED> 11947993
<NET-CHANGE-IN-ASSETS> 1118016333
<ACCUMULATED-NII-PRIOR> 281534
<ACCUMULATED-GAINS-PRIOR> 118977185
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 15726885
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 42118372
<AVERAGE-NET-ASSETS> 1355881284
<PER-SHARE-NAV-BEGIN> 11.79
<PER-SHARE-NII> .00
<PER-SHARE-GAIN-APPREC> 1.03
<PER-SHARE-DIVIDEND> .00
<PER-SHARE-DISTRIBUTIONS> (1.19)
<RETURNS-OF-CAPITAL> .00
<PER-SHARE-NAV-END> 11.63
<EXPENSE-RATIO> 1.59
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 4
<NAME> AXP BLUE CHIP ADVANTAGE FUND CLASS Y
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JAN-31-2000
<PERIOD-END> JAN-31-2000
<INVESTMENTS-AT-COST> 3868890165
<INVESTMENTS-AT-VALUE> 4410303610
<RECEIVABLES> 21091954
<ASSETS-OTHER> 132600
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 4431528164
<PAYABLE-FOR-SECURITIES> 18141128
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 810657
<TOTAL-LIABILITIES> 18951785
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3674257179
<SHARES-COMMON-STOCK> 31269596
<SHARES-COMMON-PRIOR> 27163215
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 199682988
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 538636212
<NET-ASSETS> 369396419
<DIVIDEND-INCOME> 41771495
<INTEREST-INCOME> 5999841
<OTHER-INCOME> 0
<EXPENSES-NET> 41999583
<NET-INVESTMENT-INCOME> 5771753
<REALIZED-GAINS-CURRENT> 481709577
<APPREC-INCREASE-CURRENT> (144389996)
<NET-CHANGE-FROM-OPS> 343091334
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1299300
<DISTRIBUTIONS-OF-GAINS> 34190368
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 12651836
<NUMBER-OF-SHARES-REDEEMED> 11465349
<SHARES-REINVESTED> 2919894
<NET-CHANGE-IN-ASSETS> 1118016333
<ACCUMULATED-NII-PRIOR> 281534
<ACCUMULATED-GAINS-PRIOR> 118977185
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 15726885
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 42118372
<AVERAGE-NET-ASSETS> 355961712
<PER-SHARE-NAV-BEGIN> 11.89
<PER-SHARE-NII> .04
<PER-SHARE-GAIN-APPREC> 1.11
<PER-SHARE-DIVIDEND> (0.04)
<PER-SHARE-DISTRIBUTIONS> (1.19)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 11.81
<EXPENSE-RATIO> .69
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 5
<NAME> AXP SMALL COMPANY INDEX FUND CLASS A
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JAN-31-2000
<PERIOD-END> JAN-31-2000
<INVESTMENTS-AT-COST> 1003062913
<INVESTMENTS-AT-VALUE> 1013426583
<RECEIVABLES> 7217428
<ASSETS-OTHER> 353442
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1020997453
<PAYABLE-FOR-SECURITIES> 5402813
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 13627292
<TOTAL-LIABILITIES> 19030105
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 993400406
<SHARES-COMMON-STOCK> 96491975
<SHARES-COMMON-PRIOR> 97570741
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 1537680
<ACCUM-APPREC-OR-DEPREC> 10104622
<NET-ASSETS> 607592507
<DIVIDEND-INCOME> 7519707
<INTEREST-INCOME> 785490
<OTHER-INCOME> 0
<EXPENSES-NET> 12202388
<NET-INVESTMENT-INCOME> (3897191)
<REALIZED-GAINS-CURRENT> 56224022
<APPREC-INCREASE-CURRENT> 32500509
<NET-CHANGE-FROM-OPS> 84827340
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 35465025
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 33651255
<NUMBER-OF-SHARES-REDEEMED> 39981350
<SHARES-REINVESTED> 5251329
<NET-CHANGE-IN-ASSETS> 33022040
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 5110140
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3549810
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 12246356
<AVERAGE-NET-ASSETS> 591505086
<PER-SHARE-NAV-BEGIN> 6.11
<PER-SHARE-NII> (.01)
<PER-SHARE-GAIN-APPREC> .58
<PER-SHARE-DIVIDEND> .00
<PER-SHARE-DISTRIBUTIONS> .38
<RETURNS-OF-CAPITAL> .00
<PER-SHARE-NAV-END> 6.30
<EXPENSE-RATIO> .97
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 6
<NAME> AXP SMALL COMPANY INDEX FUND CLASS B
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JAN-31-2000
<PERIOD-END> JAN-31-2000
<INVESTMENTS-AT-COST> 1003062913
<INVESTMENTS-AT-VALUE> 1013426583
<RECEIVABLES> 7217428
<ASSETS-OTHER> 353442
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1020997453
<PAYABLE-FOR-SECURITIES> 5402813
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 13627292
<TOTAL-LIABILITIES> 19030105
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 993400406
<SHARES-COMMON-STOCK> 63907563
<SHARES-COMMON-PRIOR> 61783355
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 1537680
<ACCUM-APPREC-OR-DEPREC> 10104622
<NET-ASSETS> 391590145
<DIVIDEND-INCOME> 7519707
<INTEREST-INCOME> 785490
<OTHER-INCOME> 0
<EXPENSES-NET> 12202388
<NET-INVESTMENT-INCOME> (3897191)
<REALIZED-GAINS-CURRENT> 56224022
<APPREC-INCREASE-CURRENT> 32500509
<NET-CHANGE-FROM-OPS> 84827340
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 23349925
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 18957974
<NUMBER-OF-SHARES-REDEEMED> 20639324
<SHARES-REINVESTED> 3805558
<NET-CHANGE-IN-ASSETS> 33022040
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 5110140
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3549810
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 12246356
<AVERAGE-NET-ASSETS> 372423299
<PER-SHARE-NAV-BEGIN> 6.00
<PER-SHARE-NII> (.05)
<PER-SHARE-GAIN-APPREC> .56
<PER-SHARE-DIVIDEND> .00
<PER-SHARE-DISTRIBUTIONS> .38
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 6.13
<EXPENSE-RATIO> 1.73
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 7
<NAME> AXP SMALL COMPANY INDEX FUND CLASS Y
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JAN-31-2000
<PERIOD-END> JAN-31-2000
<INVESTMENTS-AT-COST> 1003062913
<INVESTMENTS-AT-VALUE> 1013426583
<RECEIVABLES> 7217428
<ASSETS-OTHER> 353442
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1020997453
<PAYABLE-FOR-SECURITIES> 5402813
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 13627292
<TOTAL-LIABILITIES> 19030105
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 993400406
<SHARES-COMMON-STOCK> 440493
<SHARES-COMMON-PRIOR> 301133
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 1537680
<ACCUM-APPREC-OR-DEPREC> 10104622
<NET-ASSETS> 2784696
<DIVIDEND-INCOME> 7519707
<INTEREST-INCOME> 785490
<OTHER-INCOME> 0
<EXPENSES-NET> 12202388
<NET-INVESTMENT-INCOME> (3897191)
<REALIZED-GAINS-CURRENT> 56224022
<APPREC-INCREASE-CURRENT> 32500509
<NET-CHANGE-FROM-OPS> 84827340
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 159701
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 306356
<NUMBER-OF-SHARES-REDEEMED> 192506
<SHARES-REINVESTED> 25510
<NET-CHANGE-IN-ASSETS> 33022040
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 5110140
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3549810
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 12246356
<AVERAGE-NET-ASSETS> 2334443
<PER-SHARE-NAV-BEGIN> 6.12
<PER-SHARE-NII> .00
<PER-SHARE-GAIN-APPREC> .58
<PER-SHARE-DIVIDEND> .00
<PER-SHARE-DISTRIBUTIONS> .38
<RETURNS-OF-CAPITAL> .00
<PER-SHARE-NAV-END> 6.32
<EXPENSE-RATIO> .81
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 8
<NAME> AXP S&P 500 INDEX FUND CLASS D
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JAN-31-2000
<PERIOD-END> JAN-31-2000
<INVESTMENTS-AT-COST> 16047984
<INVESTMENTS-AT-VALUE> 16778873
<RECEIVABLES> 95797
<ASSETS-OTHER> 50807
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 16925477
<PAYABLE-FOR-SECURITIES> 348101
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 74386
<TOTAL-LIABILITIES> 422487
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15778802
<SHARES-COMMON-STOCK> 1320235
<SHARES-COMMON-PRIOR> 600000
<ACCUMULATED-NII-CURRENT> 5505
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 12206
<ACCUM-APPREC-OR-DEPREC> 730889
<NET-ASSETS> 7158022
<DIVIDEND-INCOME> 39322
<INTEREST-INCOME> 2247
<OTHER-INCOME> 0
<EXPENSES-NET> 16697
<NET-INVESTMENT-INCOME> 24872
<REALIZED-GAINS-CURRENT> 581239
<APPREC-INCREASE-CURRENT> 591911
<NET-CHANGE-FROM-OPS> 606111
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 7957
<DISTRIBUTIONS-OF-GAINS> 614
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 725932
<NUMBER-OF-SHARES-REDEEMED> 6903
<SHARES-REINVESTED> 1206
<NET-CHANGE-IN-ASSETS> 6359684
<ACCUMULATED-NII-PRIOR> 4328
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 8319
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 132137
<AVERAGE-NET-ASSETS> 4706344
<PER-SHARE-NAV-BEGIN> 5.07
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> 0.35
<PER-SHARE-DIVIDEND> (.01)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 5.42
<EXPENSE-RATIO> .64
[AVG-DEBT-OUTSTANDING] 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 9
<NAME> AXP S&P 500 INDEX FUND CLASS E
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JAN-31-2000
<PERIOD-END> JAN-31-2000
<INVESTMENTS-AT-COST> 16047984
<INVESTMENTS-AT-VALUE> 16778873
<RECEIVABLES> 95797
<ASSETS-OTHER> 50807
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 16925477
<PAYABLE-FOR-SECURITIES> 348101
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 74386
<TOTAL-LIABILITIES> 422487
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15778802
<SHARES-COMMON-STOCK> 1722656
<SHARES-COMMON-PRIOR> 1400000
<ACCUMULATED-NII-CURRENT> 5505
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 12206
<ACCUM-APPREC-OR-DEPREC> 730889
<NET-ASSETS> 9344968
<DIVIDEND-INCOME> 39322
<INTEREST-INCOME> 2247
<OTHER-INCOME> 0
<EXPENSES-NET> 16697
<NET-INVESTMENT-INCOME> 24872
<REALIZED-GAINS-CURRENT> 581239
<APPREC-INCREASE-CURRENT> 591911
<NET-CHANGE-FROM-OPS> 606111
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 15647
<DISTRIBUTIONS-OF-GAINS> 1011
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 336139
<NUMBER-OF-SHARES-REDEEMED> 16416
<SHARES-REINVESTED> 2933
<NET-CHANGE-IN-ASSETS> 6359684
<ACCUMULATED-NII-PRIOR> 4328
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 8319
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 132137
<AVERAGE-NET-ASSETS> 8216488
<PER-SHARE-NAV-BEGIN> 5.07
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> .35
<PER-SHARE-DIVIDEND> (.01)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 5.42
<EXPENSE-RATIO> .39
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 10
<NAME> AXP MID CAP INDEX FUND CLASS D
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JAN-31-2000
<PERIOD-END> JAN-31-2000
<INVESTMENTS-AT-COST> 11050355
<INVESTMENTS-AT-VALUE> 12221216
<RECEIVABLES> 333840
<ASSETS-OTHER> 31782
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 12586838
<PAYABLE-FOR-SECURITIES> 398795
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 15775
<TOTAL-LIABILITIES> 414570
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 10752704
<SHARES-COMMON-STOCK> 700920
<SHARES-COMMON-PRIOR> 600000
<ACCUMULATED-NII-CURRENT> 8455
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 240248
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1170861
<NET-ASSETS> 4003896
<DIVIDEND-INCOME> 40700
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 16668
<NET-INVESTMENT-INCOME> 24032
<REALIZED-GAINS-CURRENT> 1280460
<APPREC-INCREASE-CURRENT> 1032789
<NET-CHANGE-FROM-OPS> 1304492
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 5860
<DISTRIBUTIONS-OF-GAINS> 2300
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 101424
<NUMBER-OF-SHARES-REDEEMED> 1892
<SHARES-REINVESTED> 1388
<NET-CHANGE-IN-ASSETS> 2027749
<ACCUMULATED-NII-PRIOR> 6463
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 16
<GROSS-ADVISORY-FEES> 8233
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 64618
<AVERAGE-NET-ASSETS> 3546824
<PER-SHARE-NAV-BEGIN> 5.07
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> .64
<PER-SHARE-DIVIDEND> (.01)
<PER-SHARE-DISTRIBUTIONS> .00
<RETURNS-OF-CAPITAL> .00
<PER-SHARE-NAV-END> 5.71
<EXPENSE-RATIO> .69
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 11
<NAME> AXP MID CAP INDEX FUND CLASS E
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JAN-31-2000
<PERIOD-END> JAN-31-2000
<INVESTMENTS-AT-COST> 11050355
<INVESTMENTS-AT-VALUE> 12221216
<RECEIVABLES> 333840
<ASSETS-OTHER> 31782
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 12586838
<PAYABLE-FOR-SECURITIES> 398795
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 15775
<TOTAL-LIABILITIES> 414570
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 10752704
<SHARES-COMMON-STOCK> 1429563
<SHARES-COMMON-PRIOR> 1400000
<ACCUMULATED-NII-CURRENT> 8455
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 240248
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1170861
<NET-ASSETS> 8168372
<DIVIDEND-INCOME> 40700
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 16668
<NET-INVESTMENT-INCOME> 24032
<REALIZED-GAINS-CURRENT> 1280460
<APPREC-INCREASE-CURRENT> 1032789
<NET-CHANGE-FROM-OPS> 1304492
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 16180
<DISTRIBUTIONS-OF-GAINS> 5107
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 25880
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 3683
<NET-CHANGE-IN-ASSETS> 2027749
<ACCUMULATED-NII-PRIOR> 6463
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 16
<GROSS-ADVISORY-FEES> 8233
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 64618
<AVERAGE-NET-ASSETS> 7906968
<PER-SHARE-NAV-BEGIN> 5.07
<PER-SHARE-NII> .02
<PER-SHARE-GAIN-APPREC> .64
<PER-SHARE-DIVIDEND> (.02)
<PER-SHARE-DISTRIBUTIONS> .00
<RETURNS-OF-CAPITAL> .00
<PER-SHARE-NAV-END> 5.71
<EXPENSE-RATIO> .45
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 12
<NAME> AXP TOTAL STOCK MARKET INDEX FUND CLASS D
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JAN-31-2000
<PERIOD-END> JAN-31-2000
<INVESTMENTS-AT-COST> 20897960
<INVESTMENTS-AT-VALUE> 23877585
<RECEIVABLES> 18834
<ASSETS-OTHER> 26092
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 23922511
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 22939
<TOTAL-LIABILITIES> 22939
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 20869088
<SHARES-COMMON-STOCK> 1306169
<SHARES-COMMON-PRIOR> 1200000
<ACCUMULATED-NII-CURRENT> 2494
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 48365
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2979625
<NET-ASSETS> 7521896
<DIVIDEND-INCOME> 72378
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 36311
<NET-INVESTMENT-INCOME> 36067
<REALIZED-GAINS-CURRENT> 47889
<APPREC-INCREASE-CURRENT> 2215879
<NET-CHANGE-FROM-OPS> 2299835
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 10479
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 107366
<NUMBER-OF-SHARES-REDEEMED> 2899
<SHARES-REINVESTED> 1702
<NET-CHANGE-IN-ASSETS> 3128418
<ACCUMULATED-NII-PRIOR> 7172
<ACCUMULATED-GAINS-PRIOR> 236
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 19190
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 86156
<AVERAGE-NET-ASSETS> 7030512
<PER-SHARE-NAV-BEGIN> 5.19
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> .57
<PER-SHARE-DIVIDEND> .01
<PER-SHARE-DISTRIBUTIONS> .00
<RETURNS-OF-CAPITAL> .00
<PER-SHARE-NAV-END> 5.76
<EXPENSE-RATIO> .74
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 13
<NAME> AXP TOTAL STOCK MARKET INDEX FUND CLASS E
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JAN-31-2000
<PERIOD-END> JAN-31-2000
<INVESTMENTS-AT-COST> 20897960
<INVESTMENTS-AT-VALUE> 23877585
<RECEIVABLES> 18834
<ASSETS-OTHER> 26092
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 23922511
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 22939
<TOTAL-LIABILITIES> 22939
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 20869088
<SHARES-COMMON-STOCK> 2843133
<SHARES-COMMON-PRIOR> 2800000
<ACCUMULATED-NII-CURRENT> 2494
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 48365
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2979625
<NET-ASSETS> 16377676
<DIVIDEND-INCOME> 72378
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 36311
<NET-INVESTMENT-INCOME> 36067
<REALIZED-GAINS-CURRENT> 47889
<APPREC-INCREASE-CURRENT> 2215879
<NET-CHANGE-FROM-OPS> 2299835
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 30026
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 38120
<NUMBER-OF-SHARES-REDEEMED> 25
<SHARES-REINVESTED> 5038
<NET-CHANGE-IN-ASSETS> 3128418
<ACCUMULATED-NII-PRIOR> 7172
<ACCUMULATED-GAINS-PRIOR> 236
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 19190
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 86156
<AVERAGE-NET-ASSETS> 16052389
<PER-SHARE-NAV-BEGIN> 5.19
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> .57
<PER-SHARE-DIVIDEND> .01
<PER-SHARE-DISTRIBUTIONS> .00
<RETURNS-OF-CAPITAL> .00
<PER-SHARE-NAV-END> 5.76
<EXPENSE-RATIO> .49
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 14
<NAME> AXP INTERNATIONAL EQUITY INDEX FUND CLASS D
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JAN-31-2000
<PERIOD-END> JAN-31-2000
<INVESTMENTS-AT-COST> 20247688
<INVESTMENTS-AT-VALUE> 21770992
<RECEIVABLES> 578932
<ASSETS-OTHER> 315491
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 22665415
<PAYABLE-FOR-SECURITIES> 341084
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 64803
<TOTAL-LIABILITIES> 405887
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 20580585
<SHARES-COMMON-STOCK> 1271158
<SHARES-COMMON-PRIOR> 1200000
<ACCUMULATED-NII-CURRENT> 37522
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 132166
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1509255
<NET-ASSETS> 6884763
<DIVIDEND-INCOME> 35608
<INTEREST-INCOME> 25432
<OTHER-INCOME> 0
<EXPENSES-NET> 42673
<NET-INVESTMENT-INCOME> 18367
<REALIZED-GAINS-CURRENT> 157134
<APPREC-INCREASE-CURRENT> 1684756
<NET-CHANGE-FROM-OPS> 1509255
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 7690
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 72742
<NUMBER-OF-SHARES-REDEEMED> 2925
<SHARES-REINVESTED> 1341
<NET-CHANGE-IN-ASSETS> 597429
<ACCUMULATED-NII-PRIOR> 2660
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 29704
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 86163
<AVERAGE-NET-ASSETS> 6666607
<PER-SHARE-NAV-BEGIN> 5.00
<PER-SHARE-NII> .00
<PER-SHARE-GAIN-APPREC> .43
<PER-SHARE-DIVIDEND> .00
<PER-SHARE-DISTRIBUTIONS> (.01)
<RETURNS-OF-CAPITAL> .00
<PER-SHARE-NAV-END> 5.42
<EXPENSE-RATIO> .89
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 15
<NAME> AXP INTERNATIONAL EQUITY INDEX FUND CLASS E
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JAN-31-2000
<PERIOD-END> JAN-31-2000
<INVESTMENTS-AT-COST> 20247688
<INVESTMENTS-AT-VALUE> 21770992
<RECEIVABLES> 578932
<ASSETS-OTHER> 315491
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 22665415
<PAYABLE-FOR-SECURITIES> 341084
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 64803
<TOTAL-LIABILITIES> 405887
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 20580585
<SHARES-COMMON-STOCK> 2836948
<SHARES-COMMON-PRIOR> 2800000
<ACCUMULATED-NII-CURRENT> 37522
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 132166
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1509255
<NET-ASSETS> 15374765
<DIVIDEND-INCOME> 35608
<INTEREST-INCOME> 25432
<OTHER-INCOME> 0
<EXPENSES-NET> 42673
<NET-INVESTMENT-INCOME> 18367
<REALIZED-GAINS-CURRENT> 157134
<APPREC-INCREASE-CURRENT> 1684756
<NET-CHANGE-FROM-OPS> 1509255
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 17627
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 38018
<NUMBER-OF-SHARES-REDEEMED> 4185
<SHARES-REINVESTED> 3115
<NET-CHANGE-IN-ASSETS> 597429
<ACCUMULATED-NII-PRIOR> 2660
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 29704
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 86163
<AVERAGE-NET-ASSETS> 15299616
<PER-SHARE-NAV-BEGIN> 5.00
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> .42
<PER-SHARE-DIVIDEND> .00
<PER-SHARE-DISTRIBUTIONS> (.01)
<RETURNS-OF-CAPITAL> .00
<PER-SHARE-NAV-END> 5.42
<EXPENSE-RATIO> .64
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 16
<NAME> AXP NASDAQ 100 INDEX FUND CLASS D
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JAN-31-2000
<PERIOD-END> JAN-31-2000
<INVESTMENTS-AT-COST> 18945006
<INVESTMENTS-AT-VALUE> 24111589
<RECEIVABLES> 807242
<ASSETS-OTHER> 2271
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 24921102
<PAYABLE-FOR-SECURITIES> 1183544
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 20163
<TOTAL-LIABILITIES> 1203707
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 18321154
<SHARES-COMMON-STOCK> 1468827
<SHARES-COMMON-PRIOR> 600000
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 229658
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5166583
<NET-ASSETS> 11043321
<DIVIDEND-INCOME> 2660
<INTEREST-INCOME> 2972
<OTHER-INCOME> 0
<EXPENSES-NET> 28661
<NET-INVESTMENT-INCOME> (23029)
<REALIZED-GAINS-CURRENT> 249890
<APPREC-INCREASE-CURRENT> 4641157
<NET-CHANGE-FROM-OPS> 4868018
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 882474
<NUMBER-OF-SHARES-REDEEMED> 13647
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 13189172
<ACCUMULATED-NII-PRIOR> 2788
<ACCUMULATED-GAINS-PRIOR> 9
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 17173
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 74380
<AVERAGE-NET-ASSETS> 6139866
<PER-SHARE-NAV-BEGIN> 5.26
<PER-SHARE-NII> (.01)
<PER-SHARE-GAIN-APPREC> 2.27
<PER-SHARE-DIVIDEND> .00
<PER-SHARE-DISTRIBUTIONS> .00
<RETURNS-OF-CAPITAL> .00
<PER-SHARE-NAV-END> 7.52
<EXPENSE-RATIO> .79
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 17
<NAME> AXP NASDAQ 100 INDEX FUND CLASS E
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JAN-31-2000
<PERIOD-END> JAN-31-2000
<INVESTMENTS-AT-COST> 18945006
<INVESTMENTS-AT-VALUE> 24111589
<RECEIVABLES> 807242
<ASSETS-OTHER> 2271
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 24921102
<PAYABLE-FOR-SECURITIES> 1183544
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 20163
<TOTAL-LIABILITIES> 1203707
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 18321154
<SHARES-COMMON-STOCK> 1684565
<SHARES-COMMON-PRIOR> 1400000
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 229658
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5166583
<NET-ASSETS> 12674074
<DIVIDEND-INCOME> 2660
<INTEREST-INCOME> 2972
<OTHER-INCOME> 0
<EXPENSES-NET> 28661
<NET-INVESTMENT-INCOME> (23029)
<REALIZED-GAINS-CURRENT> 249890
<APPREC-INCREASE-CURRENT> 4641157
<NET-CHANGE-FROM-OPS> 4868018
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 298249
<NUMBER-OF-SHARES-REDEEMED> 13684
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 13189172
<ACCUMULATED-NII-PRIOR> 2788
<ACCUMULATED-GAINS-PRIOR> 9
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 17173
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 74380
<AVERAGE-NET-ASSETS> 10152620
<PER-SHARE-NAV-BEGIN> 5.26
<PER-SHARE-NII> (.01)
<PER-SHARE-GAIN-APPREC> 2.27
<PER-SHARE-DIVIDEND> .00
<PER-SHARE-DISTRIBUTIONS> .00
<RETURNS-OF-CAPITAL> .00
<PER-SHARE-NAV-END> 7.52
<EXPENSE-RATIO> .54
</TABLE>
EXHIBIT 77D for AXP Market Advantage Series, Inc.
At the Board of Directors meetings held on September 8-9, 1999,
the following investment policy was eliminated for AXP Blue Chip
Advantage Fund and AXP Small Company Index Fund:
Under normal market conditions, the Fund does not intend to commit
more than 5% of its total assets to when-issued securities or
forward commitments.
Independent Auditors' Report
on Internal Accounting Control
The Board of Directors and Shareholders
AXP Market Advantage Series, Inc.:
In planning and performing our audit of the financial statements of
AXP Blue Chip Advantage Fund and AXP Small Company Index Fund
(funds within AXP Market Advantage Series, Inc.), for the year ended
January 31, 2000, and AXP S&P 500 Index Fund,
AXP Mid Cap Index Fund, AXP Total Stock Market Fund,
AXP International Equity Fund, and AXP Nasdaq 100 Index Fund
(funds within AXP Market Advantage Series, Inc.) for the period from
October 25, 1999, to January 31, 2000 we considered their internal
control, including control activities for safeguarding securities, in
order to determine our auditing procedures for the purpose of
expressing our opinion on the financial statements and to comply
with the requirements of Form N-SAR, not to provide assurance
on the internal control.
The management of AXP Market Advantage Series, Inc.
is responsible for establishing and maintaining internal control.
In fulfilling this responsibility, estimates and judgments by
management are required to assess the expected benefits and
related costs of controls. Generally, controls that are relevant
to an audit pertain to the entity's objective of preparing financial
statements for external purposes that are fairly presented
in conformity with generally accepted accounting
principles. Those controls include the safeguarding of
assets against unauthorized acquisition, use or disposition.
Because of inherent limitations in internal control, errors or
irregularities may occur and not be detected. Also,
projection of any evaluation of internal control to future
periods is subject to the risk that it may become inadequate
because of changes in conditions or that the effectiveness
of the design and operation may deteriorate.
Our consideration of the internal control would not necessarily
disclose all matters in the internal control that might be
material weaknesses under standards established by the
American Institute of Certified Public Accountants.
A material weakness is a condition in which the
design or operation of one or more of the internal
control components does not reduce to a relatively low
level the risk that errors or irregularities in amounts
that would be material in relation to the financial
statements being audited may occur and not be detected
within a timely period by employees in the normal course
of performing their assigned functions. However, we
noted no matters involving the internal control and
its operation, including controls for safeguarding
securities, that we consider to be a material weakness
as defined above.
This report is intended solely for the information and use
of management, the Board of Directors of AXP Market
Advantage Series, Inc., and the Securities and Exchange Commission
and is not intended to be and should not be used by anyone other
than these specified parties.
KPMG LLP
Minneapolis, Minnesota
March 3, 2000
