KEMPER GROWTH FUND
NSAR-B, EX-27, 2000-11-27
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<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the Kemper
Growth Fund Annual Report for the fiscal year ended 9/30/00 and is qualified in
its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000095601
<NAME> KEMPER GROWTH FUND
<SERIES>
   <NUMBER> 013
   <NAME>   CLASS I

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          SEP-30-2000
<PERIOD-START>                             OCT-01-1999
<PERIOD-END>                               SEP-30-2000
<INVESTMENTS-AT-COST>                    2,042,833,439
<INVESTMENTS-AT-VALUE>                   2,982,494,982
<RECEIVABLES>                               56,033,456
<ASSETS-OTHER>                                     120
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                           3,038,528,558
<PAYABLE-FOR-SECURITIES>                     8,338,761
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                   16,189,468
<TOTAL-LIABILITIES>                         24,528,229
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 1,869,920,578
<SHARES-COMMON-STOCK>                        1,257,397
<SHARES-COMMON-PRIOR>                        1,176,559
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    204,418,208
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   939,661,543
<NET-ASSETS>                             3,014,000,329
<DIVIDEND-INCOME>                           12,559,735
<INTEREST-INCOME>                            4,821,928
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              36,649,363
<NET-INVESTMENT-INCOME>                   (19,267,700)
<REALIZED-GAINS-CURRENT>                   211,498,589
<APPREC-INCREASE-CURRENT>                  460,612,876
<NET-CHANGE-FROM-OPS>                      652,843,765
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                   (2,054,267)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      4,010,848
<NUMBER-OF-SHARES-REDEEMED>                (4,632,380)
<SHARES-REINVESTED>                          2,054,263
<NET-CHANGE-IN-ASSETS>                     435,756,032
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                  281,199,000
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                       16,908,574
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                             36,868,027
<AVERAGE-NET-ASSETS>                        23,728,251
<PER-SHARE-NAV-BEGIN>                            16.07
<PER-SHARE-NII>                                 (0.02)
<PER-SHARE-GAIN-APPREC>                           4.16
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                       (1.76)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              18.45
<EXPENSE-RATIO>                                    .68


</TABLE>


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