[ARTICLE] 6
[CIK] 0000874835
[NAME] SMITH BARNEY SERIES FUND
[SERIES]
   [NUMBER] 3
   [NAME] GROWTH AND INCOME PORTFOLIO
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   6-MOS
[FISCAL-YEAR-END]                          DEC-31-1997
[PERIOD-END]                               JUN-30-1997
[INVESTMENTS-AT-COST]                       28,152,658
[INVESTMENTS-AT-VALUE]                      42,778,733
[RECEIVABLES]                                   94,994
[ASSETS-OTHER]                                     168
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                              42,873,895
[PAYABLE-FOR-SECURITIES]                        41,279
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                       87,653
[TOTAL-LIABILITIES]                            128,932
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                    22,711,523
[SHARES-COMMON-STOCK]                            2,273
[SHARES-COMMON-PRIOR]                                0
[ACCUMULATED-NII-CURRENT]                      920,008
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                      4,485,084
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    14,626,075
[NET-ASSETS]                                42,744,963
[DIVIDEND-INCOME]                              391,517
[INTEREST-INCOME]                               68,613
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                 153,533
[NET-INVESTMENT-INCOME]                        306,597
[REALIZED-GAINS-CURRENT]                     1,644,451
[APPREC-INCREASE-CURRENT]                    3,473,304
[NET-CHANGE-FROM-OPS]                        5,117,755
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                            0
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                         93,048
[NUMBER-OF-SHARES-REDEEMED]                    163,410
[SHARES-REINVESTED]                                  0
[NET-CHANGE-IN-ASSETS]                         424,836
[ACCUMULATED-NII-PRIOR]                        613,411
[ACCUMULATED-GAINS-PRIOR]                    2,840,633
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                           89,158
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                153,533
[AVERAGE-NET-ASSETS]                        39,977,223
[PER-SHARE-NAV-BEGIN]                            16.43
[PER-SHARE-NII]                                  00.14
[PER-SHARE-GAIN-APPREC]                          02.24
[PER-SHARE-DIVIDEND]                                 0
[PER-SHARE-DISTRIBUTIONS]                            0
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              18.81
[EXPENSE-RATIO]                                  00.78
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>