<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Tax-Exempt New York Money Market Fund Annual Report for the fiscal year ended
03/31/2000 and is qualified in its entirety by reference to such financial
statements.
</LEGEND>
<CIK> 0000863420
<NAME> INVESTORS MUNICIPAL CASH FUND
<SERIES>
<NUMBER> 010
<NAME> TAX-EXEMPT NEW YORK MONEY MARKET FUND
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-2000
<PERIOD-START> MAR-31-1999
<PERIOD-END> MAR-31-2000
<INVESTMENTS-AT-COST> 242,806
<INVESTMENTS-AT-VALUE> 242,806
<RECEIVABLES> 4,850
<ASSETS-OTHER> 530
<OTHER-ITEMS-ASSETS> 3,434
<TOTAL-ASSETS> 251,620
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 9,264
<TOTAL-LIABILITIES> 9,264
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 242,356
<SHARES-COMMON-STOCK> 242,356
<SHARES-COMMON-PRIOR> 184,497
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 242,356
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 6,877
<OTHER-INCOME> 0
<EXPENSES-NET> 1,629
<NET-INVESTMENT-INCOME> 5,249
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 5,249
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 5,249
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,282,362
<NUMBER-OF-SHARES-REDEEMED> (1,229,704)
<SHARES-REINVESTED> 5,201
<NET-CHANGE-IN-ASSETS> 57,859
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 448
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,968
<AVERAGE-NET-ASSETS> 203,493
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.03
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (0.03)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.80
</TABLE>
