<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the Scudder
Variable Life Investment Fund Money Market Portfolio Annual Report for the
fiscal year ended December 31, 1995 and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 1
<NAME>  SCUDDER VARIABLE LIFE INVESTMENT FUND MM
       
<S>                           <C>
<PERIOD-TYPE>                 YEAR
<FISCAL-YEAR-END>                     DEC-31-1995
<PERIOD-START>                        JAN-01-1995
<PERIOD-END>                          DEC-31-1995
<INVESTMENTS-AT-COST>                  79,380,856
<INVESTMENTS-AT-VALUE>                 79,380,856
<RECEIVABLES>                             539,399
<ASSETS-OTHER>                                 88
<OTHER-ITEMS-ASSETS>                            0
<TOTAL-ASSETS>                         79,920,343
<PAYABLE-FOR-SECURITIES>                        0
<SENIOR-LONG-TERM-DEBT>                         0
<OTHER-ITEMS-LIABILITIES>                 172,452
<TOTAL-LIABILITIES>                       172,452
<SENIOR-EQUITY>                                 0
<PAID-IN-CAPITAL-COMMON>               79,747,891
<SHARES-COMMON-STOCK>                  79,747,891
<SHARES-COMMON-PRIOR>                  90,497,912
<ACCUMULATED-NII-CURRENT>                       0
<OVERDISTRIBUTION-NII>                          0
<ACCUMULATED-NET-GAINS>                         0
<OVERDISTRIBUTION-GAINS>                        0
<ACCUM-APPREC-OR-DEPREC>                        0
<NET-ASSETS>                           79,747,891
<DIVIDEND-INCOME>                               0
<INTEREST-INCOME>                       4,982,809
<OTHER-INCOME>                                  0
<EXPENSES-NET>                            411,205
<NET-INVESTMENT-INCOME>                 4,571,604
<REALIZED-GAINS-CURRENT>                        0
<APPREC-INCREASE-CURRENT>                       0
<NET-CHANGE-FROM-OPS>                   4,571,604
<EQUALIZATION>                                  0
<DISTRIBUTIONS-OF-INCOME>               4,571,604
<DISTRIBUTIONS-OF-GAINS>                        0
<DISTRIBUTIONS-OTHER>                           0
<NUMBER-OF-SHARES-SOLD>               148,542,887
<NUMBER-OF-SHARES-REDEEMED>         (163,864,512)
<SHARES-REINVESTED>                     4,571,604
<NET-CHANGE-IN-ASSETS>               (10,750,021)
<ACCUMULATED-NII-PRIOR>                         0
<ACCUMULATED-GAINS-PRIOR>                       0
<OVERDISTRIB-NII-PRIOR>                         0
<OVERDIST-NET-GAINS-PRIOR>                      0
<GROSS-ADVISORY-FEES>                     306,996
<INTEREST-EXPENSE>                              0
<GROSS-EXPENSE>                           411,205
<AVERAGE-NET-ASSETS>                   83,040,849
<PER-SHARE-NAV-BEGIN>                        1.00
<PER-SHARE-NII>                             0.055
<PER-SHARE-GAIN-APPREC>                      0.00
<PER-SHARE-DIVIDEND>                      (0.055)
<PER-SHARE-DISTRIBUTIONS>                       0
<RETURNS-OF-CAPITAL>                            0
<PER-SHARE-NAV-END>                          1.00
<EXPENSE-RATIO>                              0.50
<AVG-DEBT-OUTSTANDING>                          0
<AVG-DEBT-PER-SHARE>                            0
        

</TABLE>