PUTNAM DIVERSIFIED EQUITY TRUST
NSAR-B, 1998-04-28
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SIGNATURE   PAUL BUCUVALAS                               
TITLE       VICE PRESIDENT      
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
Putnam Diversified Equity Trust
</LEGEND>
<SERIES>
   <NUMBER> 3
   <NAME> CLASS A
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          FEB-28-1998
<PERIOD-END>                               FEB-28-1998
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<INVESTMENTS-AT-VALUE>                     633,482,536
<RECEIVABLES>                               11,758,277
<ASSETS-OTHER>                                 735,802
<OTHER-ITEMS-ASSETS>                            29,035
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<SENIOR-LONG-TERM-DEBT>                              0
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<SENIOR-EQUITY>                                      0
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<OVERDISTRIBUTION-NII>                       (522,224)
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<EQUALIZATION>                                       0
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
Putnam Diversified Equity Trust
</LEGEND>
<SERIES>
   <NUMBER> 3
   <NAME> CLASS B
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          FEB-28-1998
<PERIOD-END>                               FEB-28-1998
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<INVESTMENTS-AT-VALUE>                     633,482,536
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<OVERDISTRIBUTION-NII>                       (522,224)
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
Putnam Diversified Equity Trust
</LEGEND>
<SERIES>
   <NUMBER> 3
   <NAME> CLASS M
       
<S>                             <C>
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</TABLE>


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