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>			13
<NAME>				SMALL CAP GROWTH FUND - CLASS I
<MULTIPLIER>   1

<S>								<C>
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<FISCAL-YEAR-END>		Mar-31-2001
<PERIOD-START>			Apr-01-2000
<PERIOD-END>			Sept-30-2000
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<INVESTMENTS-AT-VALUE>		268009888
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<TOTAL-ASSETS>			320830211
<PAYABLE-FOR-SECURITIES>	26801649
<SENIOR-LONG-TERM-DEBT>		0
<OTHER-ITEMS-LIABILITIES>	29760903
<TOTAL-LIABILITIES>		56562552
<SENIOR-EQUITY>			0
<PAID-IN-CAPITAL-COMMON>	144886605
<SHARES-COMMON-STOCK>		10901821
<SHARES-COMMON-PRIOR>		10231544
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<NET-ASSETS>			264267659
<DIVIDEND-INCOME>		59716
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<OTHER-INCOME>			542228
<EXPENSES-NET>			1505156
<NET-INVESTMENT-INCOME>		(315298)
<REALIZED-GAINS-CURRENT>	16525696
<APPREC-INCREASE-CURRENT>	(49862749)
<NET-CHANGE-FROM-OPS>		(33652351)
<EQUALIZATION>			0
<DISTRIBUTIONS-OF-INCOME>	0
<DISTRIBUTIONS-OF-GAINS>	0
<DISTRIBUTIONS-OTHER>		0
<NUMBER-OF-SHARES-SOLD>		1063535
<NUMBER-OF-SHARES-REDEEMED>	(393258)
<SHARES-REINVESTED>		0
<NET-CHANGE-IN-ASSETS>		(18149692)
<ACCUMULATED-NII-PRIOR>		0
<ACCUMULATED-GAINS-PRIOR>	32952924
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<AVERAGE-NET-ASSETS>		249096305
<PER-SHARE-NAV-BEGIN>		27.03
<PER-SHARE-NII>			(0.03)
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<PER-SHARE-NAV-END>		23.73
<EXPENSE-RATIO>		 	1.19








</TABLE>


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