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001 A000000 CAPITAL APPRECIATION PORTFOLIO
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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 11
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SIGNATURE JAMES S. LELKO, JR.
TITLE ASSISTANT TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains Summary Financial Information extracted from the BT
Investment Portfolios Capital Appreciation Portfolio Annual Report dated
September 30, 1995 and is qualified in its entirety by reference to such Annual
Report.
</LEGEND>
<CIK> 0000895571
<NAME> CAPITAL APPRECIATION PORTFOLIO
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<NAME> CAPITAL APPRECIATION PORTFOLIO
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</TABLE>
