<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000927290
<NAME> VARIABLE INSURANCE FUNDS
<SERIES>
<NUMBER> 03
<NAME> AMSOUTH SELECT EQUITY INCOME FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 3890325
<INVESTMENTS-AT-VALUE> 3478230
<RECEIVABLES> 11297
<ASSETS-OTHER> 1104
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3490631
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 9579
<TOTAL-LIABILITIES> 9579
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4018560
<SHARES-COMMON-STOCK> 447033
<SHARES-COMMON-PRIOR> 338615
<ACCUMULATED-NII-CURRENT> 603
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 126016
<ACCUM-APPREC-OR-DEPREC> (412095)
<NET-ASSETS> 3481052
<DIVIDEND-INCOME> 37650
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 19328
<NET-INVESTMENT-INCOME> 18322
<REALIZED-GAINS-CURRENT> (130187)
<APPREC-INCREASE-CURRENT> (128577)
<NET-CHANGE-FROM-OPS> (240442)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 17905
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 201404
<NUMBER-OF-SHARES-REDEEMED> 95312
<SHARES-REINVESTED> 2326
<NET-CHANGE-IN-ASSETS> 599938
<ACCUMULATED-NII-PRIOR> 186
<ACCUMULATED-GAINS-PRIOR> 4171
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 12373
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 40196
<AVERAGE-NET-ASSETS> 3113523
<PER-SHARE-NAV-BEGIN> 8.51
<PER-SHARE-NII> 0.05
<PER-SHARE-GAIN-APPREC> (0.73)
<PER-SHARE-DIVIDEND> 0.04
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 7.79
<EXPENSE-RATIO> 1.25
</TABLE>
