<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000875186
<NAME> CONSULTING GROUP CAPITAL MARKETS FUNDS
<SERIES>
   <NUMBER> 6
   <NAME> BALANCED
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          AUG-31-1996
<PERIOD-END>                               AUG-31-1996
<INVESTMENTS-AT-COST>                       46,812,585
<INVESTMENTS-AT-VALUE>                      50,077,755
<RECEIVABLES>                                  370,047
<ASSETS-OTHER>                                  27,913
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              50,475,715
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      194,928
<TOTAL-LIABILITIES>                            194,928
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    45,597,667
<SHARES-COMMON-STOCK>                        5,028,511
<SHARES-COMMON-PRIOR>                        3,230,004
<ACCUMULATED-NII-CURRENT>                      110,018
<OVERDISTRIBUTION-NII>                       1,307,932
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                     3,265,170
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                50,280,787
<DIVIDEND-INCOME>                              766,406
<INTEREST-INCOME>                              790,709
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 404,278
<NET-INVESTMENT-INCOME>                      1,152,837
<REALIZED-GAINS-CURRENT>                     1,856,415
<APPREC-INCREASE-CURRENT>                    1,632,100
<NET-CHANGE-FROM-OPS>                        4,641,352
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    1,152,837
<DISTRIBUTIONS-OF-GAINS>                     1,856,415
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      3,117,844
<NUMBER-OF-SHARES-REDEEMED>                  1,537,798
<SHARES-REINVESTED>                            218,461
<NET-CHANGE-IN-ASSETS>                      17,589,833
<ACCUMULATED-NII-PRIOR>                        627,561
<ACCUMULATED-GAINS-PRIOR>                    1,812,631
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          164,218
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                404,278
<AVERAGE-NET-ASSETS>                        40,395,463
<PER-SHARE-NAV-BEGIN>                            09.37
<PER-SHARE-NII>                                  00.29
<PER-SHARE-GAIN-APPREC>                          00.95
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                        00.61
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.00
<EXPENSE-RATIO>                                  01.00
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>