AXP MARKET ADVANTAGE SERIES INC
NSAR-A, EX-27, 2000-09-27
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<TABLE> <S> <C>


<ARTICLE> 6
<SERIES>
   <NUMBER>  5
   <NAME>   AXP SMALL COMPANY INDEX FUND CLASS A

<S>                                                                   <C>
<PERIOD-TYPE>                                                      6-MOS
<FISCAL-YEAR-END>                                            JAN-31-2001
<PERIOD-END>                                                 JUL-31-2000
<INVESTMENTS-AT-COST>                                         1038570802
<INVESTMENTS-AT-VALUE>                                        1044326551
<RECEIVABLES>                                                    4957296
<ASSETS-OTHER>                                                   3131256
<OTHER-ITEMS-ASSETS>                                                   0
<TOTAL-ASSETS>                                                1052415103
<PAYABLE-FOR-SECURITIES>                                         9343294
<SENIOR-LONG-TERM-DEBT>                                                0
<OTHER-ITEMS-LIABILITIES>                                       11467477
<TOTAL-LIABILITIES>                                             20810771
<SENIOR-EQUITY>                                                        0
<PAID-IN-CAPITAL-COMMON>                                       953775043
<SHARES-COMMON-STOCK>                                           92733889
<SHARES-COMMON-PRIOR>                                           96491975
<ACCUMULATED-NII-CURRENT>                                              0
<OVERDISTRIBUTION-NII>                                           1974383
<ACCUMULATED-NET-GAINS>                                         74322824
<OVERDISTRIBUTION-GAINS>                                               0
<ACCUM-APPREC-OR-DEPREC>                                         5480848
<NET-ASSETS>                                                   624788185
<DIVIDEND-INCOME>                                                3614322
<INTEREST-INCOME>                                                 423775
<OTHER-INCOME>                                                         0
<EXPENSES-NET>                                                   6012480
<NET-INVESTMENT-INCOME>                                         (1974383)
<REALIZED-GAINS-CURRENT>                                        75860504
<APPREC-INCREASE-CURRENT>                                       (4623774)
<NET-CHANGE-FROM-OPS>                                           69262347
<EQUALIZATION>                                                         0
<DISTRIBUTIONS-OF-INCOME>                                              0
<DISTRIBUTIONS-OF-GAINS>                                               0
<DISTRIBUTIONS-OTHER>                                                  0
<NUMBER-OF-SHARES-SOLD>                                         12204019
<NUMBER-OF-SHARES-REDEEMED>                                     15962105
<SHARES-REINVESTED>                                                    0
<NET-CHANGE-IN-ASSETS>                                          29636984
<ACCUMULATED-NII-PRIOR>                                                0
<ACCUMULATED-GAINS-PRIOR>                                       10104622
<OVERDISTRIB-NII-PRIOR>                                                0
<OVERDIST-NET-GAINS-PRIOR>                                       1537680
<GROSS-ADVISORY-FEES>                                            1499420
<INTEREST-EXPENSE>                                                     0
<GROSS-EXPENSE>                                                  6062375
<AVERAGE-NET-ASSETS>                                           639257216
<PER-SHARE-NAV-BEGIN>                                               6.30
<PER-SHARE-NII>                                                     (.00)
<PER-SHARE-GAIN-APPREC>                                              .44
<PER-SHARE-DIVIDEND>                                                 .00
<PER-SHARE-DISTRIBUTIONS>                                            .00
<RETURNS-OF-CAPITAL>                                                 .00
<PER-SHARE-NAV-END>                                                 6.74
<EXPENSE-RATIO>                                                      .85


</TABLE>


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