WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
MSDW BALANCED GROWTH FUND - CLASS A
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JULY 31, 2000
<PERIOD-END> JANUARY 31, 2000
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<OTHER-ITEMS-LIABILITIES> (739,634)
<TOTAL-LIABILITIES> (739,634)
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<APPREC-INCREASE-CURRENT> (3,596,655)
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<NUMBER-OF-SHARES-REDEEMED> (108,887)
<SHARES-REINVESTED> 33,008
<NET-CHANGE-IN-ASSETS> (72,312,640)
<ACCUMULATED-NII-PRIOR> 1,028,219
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<EXPENSE-RATIO> 1.11%
</TABLE>
