WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000808490
<NAME> GROWTH & INCOME PORTFOLIO
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
<INVESTMENTS-AT-COST>                          9686875
<INVESTMENTS-AT-VALUE>                        10286637
<RECEIVABLES>                                   181360
<ASSETS-OTHER>                                      25
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                10468022
<PAYABLE-FOR-SECURITIES>                         25578
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       142398
<TOTAL-LIABILITIES>                             167976
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       9849523
<SHARES-COMMON-STOCK>                           829257
<SHARES-COMMON-PRIOR>                           298528
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                      (149239)
<ACCUM-APPREC-OR-DEPREC>                        599762
<NET-ASSETS>                                  10300046
<DIVIDEND-INCOME>                                76607
<INTEREST-INCOME>                                70188
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   88677
<NET-INVESTMENT-INCOME>                          58118
<REALIZED-GAINS-CURRENT>                      (135171)
<APPREC-INCREASE-CURRENT>                       505901
<NET-CHANGE-FROM-OPS>                           428848
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (58855)
<DISTRIBUTIONS-OF-GAINS>                       (29710)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         648884
<NUMBER-OF-SHARES-REDEEMED>                     125254
<SHARES-REINVESTED>                               7099
<NET-CHANGE-IN-ASSETS>                         6965290
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                        15642
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            53346
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 187378
<AVERAGE-NET-ASSETS>                           7113702
<PER-SHARE-NAV-BEGIN>                           11.171
<PER-SHARE-NII>                                   .070
<PER-SHARE-GAIN-APPREC>                          1.291
<PER-SHARE-DIVIDEND>                            (.071)
<PER-SHARE-DISTRIBUTIONS>                       (.040)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             12.421
<EXPENSE-RATIO>                                   1.25
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>