NICHOLAS APPLEGATE INSTITUTIONAL FUNDS
NSAR-A, EX-27, 2000-11-22
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>




<ARTICLE>			6
<SERIES>
<NUMBER>			12
<NAME>				MID CAP GROWTH FUND - CLASS R
<MULTIPLIER>   1

<S>								<C>
<PERIOD-TYPE>			6-MOS
<FISCAL-YEAR-END>		Mar-31-2001
<PERIOD-START>			Apr-01-2000
<PERIOD-END>			Sept-30-2000
<INVESTMENTS-AT-COST>		167810798
<INVESTMENTS-AT-VALUE>		241422169
<RECEIVABLES>			6293386
<ASSETS-OTHER>			10541
<OTHER-ITEMS-ASSETS>		25321837
<TOTAL-ASSETS>			273047933
<PAYABLE-FOR-SECURITIES>	12725279
<SENIOR-LONG-TERM-DEBT>		0
<OTHER-ITEMS-LIABILITIES>	19877409
<TOTAL-LIABILITIES>		32602688
<SENIOR-EQUITY>			0
<PAID-IN-CAPITAL-COMMON>	105718629
<SHARES-COMMON-STOCK>		479
<SHARES-COMMON-PRIOR>		345
<ACCUMULATED-NII-CURRENT>	168556
<OVERDISTRIBUTION-NII>		0
<ACCUMULATED-NET-GAINS>		60946689
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<NET-ASSETS>			240445245
<DIVIDEND-INCOME>		32409
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<OTHER-INCOME>			163500
<EXPENSES-NET>			1101381
<NET-INVESTMENT-INCOME>		(767398)
<REALIZED-GAINS-CURRENT>	44761610
<APPREC-INCREASE-CURRENT>	(49252844)
<NET-CHANGE-FROM-OPS>		(5258632)
<EQUALIZATION>			0
<DISTRIBUTIONS-OF-INCOME>	0
<DISTRIBUTIONS-OF-GAINS>	0
<DISTRIBUTIONS-OTHER>		0
<NUMBER-OF-SHARES-SOLD>		159
<NUMBER-OF-SHARES-REDEEMED>	(25)
<SHARES-REINVESTED>		0
<NET-CHANGE-IN-ASSETS>		(11946211)
<ACCUMULATED-NII-PRIOR>		0
<ACCUMULATED-GAINS-PRIOR>	17121033
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<GROSS-ADVISORY-FEES>		822211
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<GROSS-EXPENSE>			1116228
<AVERAGE-NET-ASSETS>		14311
<PER-SHARE-NAV-BEGIN>		41.51
<PER-SHARE-NII>			(0.17)
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<PER-SHARE-NAV-END>		40.69
<EXPENSE-RATIO>		 	1.25








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