<TABLE> <S> <C>




<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from the Scudder Variable Life Investment
Fund Bond 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> 2
  <NAME>  SCUDDER VARIABLE LIFE INVESTMENT FUND
          BOND 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>                  65,964,792
<INVESTMENTS-AT-VALUE>                 66,880,533
<RECEIVABLES>                             709,248
<ASSETS-OTHER>                                822
<OTHER-ITEMS-ASSETS>                            0
<TOTAL-ASSETS>                         67,590,603
<PAYABLE-FOR-SECURITIES>                1,753,343
<SENIOR-LONG-TERM-DEBT>                         0
<OTHER-ITEMS-LIABILITIES>                  67,839
<TOTAL-LIABILITIES>                     1,821,182
<SENIOR-EQUITY>                                 0
<PAID-IN-CAPITAL-COMMON>               63,688,867
<SHARES-COMMON-STOCK>                   9,775,320
<SHARES-COMMON-PRIOR>                  10,126,562
<ACCUMULATED-NII-CURRENT>               1,075,196
<OVERDISTRIBUTION-NII>                          0
<ACCUMULATED-NET-GAINS>                    89,617
<OVERDISTRIBUTION-GAINS>                        0
<ACCUM-APPREC-OR-DEPREC>                  915,741
<NET-ASSETS>                           65,769,421
<DIVIDEND-INCOME>                               0
<INTEREST-INCOME>                       4,183,772
<OTHER-INCOME>                                  0
<EXPENSES-NET>                            377,038
<NET-INVESTMENT-INCOME>                 3,806,734
<REALIZED-GAINS-CURRENT>                  598,986
<APPREC-INCREASE-CURRENT>             (2,514,348)
<NET-CHANGE-FROM-OPS>                   1,891,372
<EQUALIZATION>                                  0
<DISTRIBUTIONS-OF-INCOME>             (5,405,378)
<DISTRIBUTIONS-OF-GAINS>                        0
<DISTRIBUTIONS-OTHER>                           0
<NUMBER-OF-SHARES-SOLD>                 4,122,227
<NUMBER-OF-SHARES-REDEEMED>           (5,280,312)
<SHARES-REINVESTED>                       806,843
<NET-CHANGE-IN-ASSETS>                (6,745,036)
<ACCUMULATED-NII-PRIOR>                 2,587,204
<ACCUMULATED-GAINS-PRIOR>               (422,732)
<OVERDISTRIB-NII-PRIOR>                         0
<OVERDIST-NET-GAINS-PRIOR>                      0
<GROSS-ADVISORY-FEES>                   2,914,740
<INTEREST-EXPENSE>                              0
<GROSS-EXPENSE>                           186,486
<AVERAGE-NET-ASSETS>                   61,401,529
<PER-SHARE-NAV-BEGIN>                        7.16
<PER-SHARE-NII>                            (0.41)
<PER-SHARE-GAIN-APPREC>                      0.21
<PER-SHARE-DIVIDEND>                         0.62
<PER-SHARE-DISTRIBUTIONS>                       0
<RETURNS-OF-CAPITAL>                            0
<PER-SHARE-NAV-END>                          6.73
<EXPENSE-RATIO>                              0.61
<AVG-DEBT-OUTSTANDING>                          0
<AVG-DEBT-PER-SHARE>                            0
        

</TABLE>