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> 3
   <NAME> SIT DEVELOPING MARKETS GROWTH FUND

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-END>                               JUN-30-2000
<INVESTMENTS-AT-COST>                       10,095,480
<INVESTMENTS-AT-VALUE>                      15,038,542
<RECEIVABLES>                                  347,386
<ASSETS-OTHER>                                       0
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<TOTAL-ASSETS>                              15,385,928
<PAYABLE-FOR-SECURITIES>                       613,072
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       97,066
<TOTAL-LIABILITIES>                            710,138
<SENIOR-EQUITY>                                  1,093
<PAID-IN-CAPITAL-COMMON>                    11,907,725
<SHARES-COMMON-STOCK>                        1,092,637
<SHARES-COMMON-PRIOR>                        1,135,889
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (2,176,093)
<OVERDISTRIBUTION-GAINS>                             0
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<DIVIDEND-INCOME>                               95,618
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<OTHER-INCOME>                                       0
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<NET-CHANGE-FROM-OPS>                        3,602,178
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        651,096
<NUMBER-OF-SHARES-REDEEMED>                    694,347
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       3,338,044
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                  (3,697,984)
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<PER-SHARE-NAV-BEGIN>                             9.98
<PER-SHARE-NII>                                  (.06)
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<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.43
<EXPENSE-RATIO>                                   2.00


</TABLE>


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