KEYSTONE STRATEGIC DEVELOPMENT FUND
NSAR-A, 1995-11-27
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SIGNATURE   KEVIN MORRISSEY                              
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ACCOUNTING
RECORDS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ACCOUNTING
RECORDS.
</LEGEND>
<SERIES>
<NUMBER>	101
<NAME>	KEYSTONE STRATEGIC DEVELOPMENT FUND CLASS A
<PERIOD-TYPE>	6-MOS
<FISCAL-YEAR-END>	MAR-31-1995
<PERIOD-START>	APR-01-1995
<PERIOD-END>	SEP-30-1995
<INVESTMENTS-AT-COST>	18,701,645
<INVESTMENTS-AT-VALUE>	20,891,368
<RECEIVABLES>	5,062,476
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<GROSS-ADVISORY-FEES>	(24,997)
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ACCOUNTING
RECORDS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ACCOUNTING
RECORDS.
</LEGEND>
<SERIES>
<NUMBER>	102
<NAME>	KEYSTONE STRATEGIC DEVELOPMENT FUND CLASS B
<PERIOD-TYPE>	6-MOS
<FISCAL-YEAR-END>	MAR-31-1995
<PERIOD-START>	APR-01-1995
<PERIOD-END>	SEP-30-1995
<INVESTMENTS-AT-COST>	18,701,645
<INVESTMENTS-AT-VALUE>	20,891,368
<RECEIVABLES>	5,062,476
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ACCOUNTING
RECORDS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ACCOUNTING
RECORDS.
</LEGEND>
<SERIES>
<NUMBER>	103
<NAME>	KEYSTONE STRATEGIC DEVELOPMENT FUND CLASS C
<PERIOD-TYPE>	6-MOS
<FISCAL-YEAR-END>	MAR-31-1995
<PERIOD-START>	APR-01-1995
<PERIOD-END>	SEP-30-1995
<INVESTMENTS-AT-COST>	18,701,645
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<SENIOR-EQUITY>	0
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<SHARES-COMMON-PRIOR>	155,020
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<DIVIDEND-INCOME>	11,897
<INTEREST-INCOME>	3,377
<OTHER-INCOME>	0
<EXPENSES-NET>	(24,854)
<NET-INVESTMENT-INCOME>	(9,580)
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<NET-CHANGE-FROM-OPS>	161,230
<EQUALIZATION>	0
<DISTRIBUTIONS-OF-INCOME>	0
<DISTRIBUTIONS-OF-GAINS>	0
<DISTRIBUTIONS-OTHER>	0
<NUMBER-OF-SHARES-SOLD>	33,676
<NUMBER-OF-SHARES-REDEEMED>	(9,793)
<SHARES-REINVESTED>	0
<NET-CHANGE-IN-ASSETS>	399,396
<ACCUMULATED-NII-PRIOR>	0
<ACCUMULATED-GAINS-PRIOR>	0
<OVERDISTRIB-NII-PRIOR>	(3,190)
<OVERDIST-NET-GAINS-PRIOR>	0
<GROSS-ADVISORY-FEES>	(8,033)
<INTEREST-EXPENSE>	0
<GROSS-EXPENSE>	(25,998)
<AVERAGE-NET-ASSETS>	1,608,244
<PER-SHARE-NAV-BEGIN>	8.99
<PER-SHARE-NII>	(0.07)
<PER-SHARE-GAIN-APPREC>	1.10
<PER-SHARE-DIVIDEND>	0.00
<PER-SHARE-DISTRIBUTIONS>	0.00
<RETURNS-OF-CAPITAL>	0.00
<PER-SHARE-NAV-END>	10.02
<EXPENSE-RATIO>	3.24
<AVG-DEBT-OUTSTANDING>	0
<AVG-DEBT-PER-SHARE>	0

</TABLE>


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