<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000875186
<NAME> CONSULTING GROUP CAPITAL MARKETS FUNDS
<SERIES>
   <NUMBER> 7
   <NAME> LARGE CAPITALIZATION VALUE EQUITY INVESTMENTS
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          AUG-31-1996
<PERIOD-END>                               AUG-31-1996
<INVESTMENTS-AT-COST>                    1,301,942,559
<INVESTMENTS-AT-VALUE>                   1,505,448,952
<RECEIVABLES>                               11,217,927
<ASSETS-OTHER>                                   2,731
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                           1,516,671,067
<PAYABLE-FOR-SECURITIES>                     2,151,042
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    2,069,374
<TOTAL-LIABILITIES>                          4,220,416
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 1,232,495,122
<SHARES-COMMON-STOCK>                      130,926,138
<SHARES-COMMON-PRIOR>                      102,690,248
<ACCUMULATED-NII-CURRENT>                   26,906,112
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     49,543,024
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   203,506,393
<NET-ASSETS>                             1,512,450,651
<DIVIDEND-INCOME>                           39,970,903
<INTEREST-INCOME>                            1,395,580
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              10,601,672
<NET-INVESTMENT-INCOME>                     30,764,811
<REALIZED-GAINS-CURRENT>                    57,624,889
<APPREC-INCREASE-CURRENT>                   78,336,651
<NET-CHANGE-FROM-OPS>                      166,726,351
<EQUALIZATION>                              26,466,589
<DISTRIBUTIONS-OF-INCOME>                   15,515,274
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     50,806,724
<NUMBER-OF-SHARES-REDEEMED>                 24,969,181
<SHARES-REINVESTED>                          2,398,347
<NET-CHANGE-IN-ASSETS>                      28,235,890
<ACCUMULATED-NII-PRIOR>                     22,607,890
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                   7,433,409
<GROSS-ADVISORY-FEES>                        6,468,340
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                             10,601,672
<AVERAGE-NET-ASSETS>                         1,322,996
<PER-SHARE-NAV-BEGIN>                            10.42
<PER-SHARE-NII>                                  00.26
<PER-SHARE-GAIN-APPREC>                          01.25
<PER-SHARE-DIVIDEND>                             00.24
<PER-SHARE-DISTRIBUTIONS>                        00.14
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.55
<EXPENSE-RATIO>                                  00.80
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>