CONSENT OF INDEPENDENT ACCOUNTANTS
The Board of Trustees and Shareholders
Putnam Investment Funds:
We consent to the use of our reports dated August 31, 2000 and September
1, 2000, respectively, incorporated herein by reference to the Putnam
Research Fund and the Putnam Growth Opportunities Fund, each a series of
Putnam Investment Funds, and to the references to our firm under the
captions "Financial Highlights" in the prospectuses and "INDEPENDENT
ACCOUNTANTS AND FINANCIAL STATEMENTS" in the Statements of Additional
Information.
/s/ KPMG LLP
Boston, Massachusetts
November 27, 2000
