<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> 011
<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> 215,936,204
<SHARES-COMMON-PRIOR> 253,444,242
<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> (24,957,172)
<DISTRIBUTIONS-OF-GAINS> (46,198,585)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 589,203,485
<NUMBER-OF-SHARES-REDEEMED> (1,638,731,382)
<SHARES-REINVESTED> 65,776,773
<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> 6,084,098,265
<PER-SHARE-NAV-BEGIN> 26.69
<PER-SHARE-NII> 0.13
<PER-SHARE-GAIN-APPREC> 0.51
<PER-SHARE-DIVIDEND> .11
<PER-SHARE-DISTRIBUTIONS> 0.20
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 27.02
<EXPENSE-RATIO> .86
</TABLE>
