INVESTMENT TRUST
NSAR-B, EX-27, 2000-12-08
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<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial  information extracted from the Scudder
Growth And Income Fund Annual Report for the fiscal year ended  9/30/2000 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000088064
<NAME> INVESTMENT TRUST
<SERIES>
   <NUMBER> 010
   <NAME> SCUDDER GROWTH AND INCOME FUND

<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          SEP-30-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               SEP-30-2000
<INVESTMENTS-AT-COST>                    8,575,275,218
<INVESTMENTS-AT-VALUE>                  11,278,822,922
<RECEIVABLES>                              123,508,887
<ASSETS-OTHER>                               1,641,867
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                          11,403,973,676
<PAYABLE-FOR-SECURITIES>                   176,896,430
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                   32,927,930
<TOTAL-LIABILITIES>                        209,824,360
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 7,966,272,013
<SHARES-COMMON-STOCK>                      198,191,892
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                    2,967,915
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    521,495,407
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                 2,703,413,981
<NET-ASSETS>                            11,194,149,316
<DIVIDEND-INCOME>                           69,985,879
<INTEREST-INCOME>                            5,980,432
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              44,836,870
<NET-INVESTMENT-INCOME>                     31,129,441
<REALIZED-GAINS-CURRENT>                   526,852,291
<APPREC-INCREASE-CURRENT>                (443,434,428)
<NET-CHANGE-FROM-OPS>                      114,547,304
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (5,695,560)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     31,161,017
<NUMBER-OF-SHARES-REDEEMED>              (137,484,977)
<SHARES-REINVESTED>                          5,841,818
<NET-CHANGE-IN-ASSETS>                   4,423,164,674
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                   47,732,076
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                       24,109,868
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                             45,018,023
<AVERAGE-NET-ASSETS>                     5,466,436,996
<PER-SHARE-NAV-BEGIN>                            27.09
<PER-SHARE-NII>                                   0.01
<PER-SHARE-GAIN-APPREC>                         (0.06)
<PER-SHARE-DIVIDEND>                            (0.03)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              27.01
<EXPENSE-RATIO>                                    .73


</TABLE>


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