CONSENT OF INDEPENDENT ACCOUNTANTS
We hereby consent to the incorporation by reference in this Post-Effective
Amendment No. 36 to the registration statement on Form N-1A (File No.
33-56339) ("Registration Statement") of our reports dated September 11, 1998
and September 10, 1998, relating to the financial statements and financial
highlights appearing in the July 31, 1998 Annual Reports of Putnam Growth
Opportunities Fund and Putnam Research Fund, respectively, each a series of
Putnam Investment Funds, which are also incorporated by reference into the
Registration Statement. We also consent to the references to us under the
headings "Financial highlights" and "Independent Accountants and Financial
Statements" in such Registration Statement.
PricewaterhouseCoopers LLP
Boston, Massachusetts
November 27, 2000
