<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the Scudder
Growth And Income Fund Semiannual Report for the period ended 6/30/2000 and
is qualified in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000088064
<NAME> INVESTMENT TRUST
<SERIES>
<NUMBER> 031
<NAME> SCUDDER GROWTH AND INCOME FUND
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 4,602,394
<INVESTMENTS-AT-VALUE> 6,031,563
<RECEIVABLES> 26,834
<ASSETS-OTHER> 1,114
<OTHER-ITEMS-ASSETS> 23
<TOTAL-ASSETS> 6,059,533
<PAYABLE-FOR-SECURITIES> 60,012
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 23,748
<TOTAL-LIABILITIES> 86,706
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4,221,065
<SHARES-COMMON-STOCK> 223,438
<SHARES-COMMON-PRIOR> 253,444
<ACCUMULATED-NII-CURRENT> 2,138
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 320,554
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,429,070
<NET-ASSETS> 5,972,827
<DIVIDEND-INCOME> 45,340
<INTEREST-INCOME> 2,619
<OTHER-INCOME> 0
<EXPENSES-NET> 28,838
<NET-INVESTMENT-INCOME> 19,122
<REALIZED-GAINS-CURRENT> 319,073
<APPREC-INCREASE-CURRENT> (291,353)
<NET-CHANGE-FROM-OPS> 46,842
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (16,983)
<DISTRIBUTIONS-OF-GAINS> (46,252)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 15,949
<NUMBER-OF-SHARES-REDEEMED> (48,152)
<SHARES-REINVESTED> 2,196
<NET-CHANGE-IN-ASSETS> (798,158)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 80,707
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 14,071
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 28,991
<AVERAGE-NET-ASSETS> 6,153,694
<PER-SHARE-NAV-BEGIN> 26.69
<PER-SHARE-NII> 0.08
<PER-SHARE-GAIN-APPREC> 0.21
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (0.28)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 26.70
<EXPENSE-RATIO> 0.89
</TABLE>