<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, 1996 and is qualified in
its entirety by reference to such financial statements.
</LEGEND>
<SERIES>
  <NUMBER> 1
  <NAME>  SCUDDER VARIABLE LIFE INVESTMENT FUND
          MONEY MARKET PORTFOLIO
       
<S>                                           <C>
<PERIOD-TYPE>                                YEAR
<FISCAL-YEAR-END>                     DEC-31-1996
<PERIOD-START>                        JAN-01-1996
<PERIOD-END>                          DEC-31-1996
<INVESTMENTS-AT-COST>                  94,073,346
<INVESTMENTS-AT-VALUE>                 94,073,346
<RECEIVABLES>                           4,166,208
<ASSETS-OTHER>                                658
<OTHER-ITEMS-ASSETS>                            0
<TOTAL-ASSETS>                         98,240,212
<PAYABLE-FOR-SECURITIES>                        0
<SENIOR-LONG-TERM-DEBT>                         0
<OTHER-ITEMS-LIABILITIES>                 454,586
<TOTAL-LIABILITIES>                       454,586
<SENIOR-EQUITY>                                 0
<PAID-IN-CAPITAL-COMMON>               97,788,109
<SHARES-COMMON-STOCK>                  97,786,551
<SHARES-COMMON-PRIOR>                  79,747,891
<ACCUMULATED-NII-CURRENT>                       0
<OVERDISTRIBUTION-NII>                          0
<ACCUMULATED-NET-GAINS>                   (2,483)
<OVERDISTRIBUTION-GAINS>                        0
<ACCUM-APPREC-OR-DEPREC>                        0
<NET-ASSETS>                           97,785,626
<DIVIDEND-INCOME>                               0
<INTEREST-INCOME>                       4,794,163
<OTHER-INCOME>                                  0
<EXPENSES-NET>                            408,208
<NET-INVESTMENT-INCOME>                 4,385,955
<REALIZED-GAINS-CURRENT>                    (917)
<APPREC-INCREASE-CURRENT>                       0
<NET-CHANGE-FROM-OPS>                   4,385,038
<EQUALIZATION>                                  0
<DISTRIBUTIONS-OF-INCOME>             (4,385,955)
<DISTRIBUTIONS-OF-GAINS>                        0
<DISTRIBUTIONS-OTHER>                           0
<NUMBER-OF-SHARES-SOLD>               201,403,317
<NUMBER-OF-SHARES-REDEEMED>         (187,750,612)
<SHARES-REINVESTED>                     4,385,955
<NET-CHANGE-IN-ASSETS>                 18,037,735
<ACCUMULATED-NII-PRIOR>                         0
<ACCUMULATED-GAINS-PRIOR>                       0
<OVERDISTRIB-NII-PRIOR>                         0
<OVERDIST-NET-GAINS-PRIOR>                      0
<GROSS-ADVISORY-FEES>                     325,791
<INTEREST-EXPENSE>                              0
<GROSS-EXPENSE>                           408,208
<AVERAGE-NET-ASSETS>                   88,024,247
<PER-SHARE-NAV-BEGIN>                        1.00
<PER-SHARE-NII>                              0.05
<PER-SHARE-GAIN-APPREC>                         0
<PER-SHARE-DIVIDEND>                         0.05
<PER-SHARE-DISTRIBUTIONS>                       0
<RETURNS-OF-CAPITAL>                            0
<PER-SHARE-NAV-END>                          1.00
<EXPENSE-RATIO>                              0.46
<AVG-DEBT-OUTSTANDING>                          0
<AVG-DEBT-PER-SHARE>                            0
        

</TABLE>