SIT MUTUAL FUNDS INC
NSAR-B, EX-27, 2000-08-22
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000877880
<NAME> SIT MUTUAL FUNDS, INC
<SERIES>
   <NUMBER> 2
   <NAME> SIT BALANCED FUND

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-END>                               JUN-30-2000
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<INVESTMENTS-AT-VALUE>                      20,304,986
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<OTHER-ITEMS-ASSETS>                                 0
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<SENIOR-LONG-TERM-DEBT>                              0
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<SENIOR-EQUITY>                                  1,006
<PAID-IN-CAPITAL-COMMON>                    15,233,063
<SHARES-COMMON-STOCK>                        1,006,252
<SHARES-COMMON-PRIOR>                          697,061
<ACCUMULATED-NII-CURRENT>                      126,727
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        375,412
<OVERDISTRIBUTION-GAINS>                             0
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<OTHER-INCOME>                                       0
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<NET-CHANGE-FROM-OPS>                        2,228,214
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      283,000
<DISTRIBUTIONS-OF-GAINS>                       542,000
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<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              19.18
<EXPENSE-RATIO>                                   1.00


</TABLE>


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