[ARTICLE] 6
[CIK] 0000875186
[NAME] CONSULTING GROUP CAPITAL MARKETS FUNDS
[SERIES]
   [NUMBER] 7
   [NAME] LARGE CAPITALIZATION VALUE EQUITY
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   6-MOS
[FISCAL-YEAR-END]                          AUG-31-1998
[PERIOD-END]                               FEB-28-1998
[INVESTMENTS-AT-COST]                    1,410,900,718
[INVESTMENTS-AT-VALUE]                   1,931,705,866
[RECEIVABLES]                               12,884,043
[ASSETS-OTHER]                                     441
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                           1,944,590,350
[PAYABLE-FOR-SECURITIES]                    13,268,369
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                    1,127,145
[TOTAL-LIABILITIES]                         14,395,514
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                 1,303,299,812
[SHARES-COMMON-STOCK]                      137,845,904
[SHARES-COMMON-PRIOR]                      129,744,143
[ACCUMULATED-NII-CURRENT]                    4,553,883
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                    101,535,993
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                   520,805,148
[NET-ASSETS]                             1,930,194,836
[DIVIDEND-INCOME]                           19,010,219
[INTEREST-INCOME]                              553,036
[OTHER-INCOME]                                       0
[EXPENSES-NET]                               7,338,640
[NET-INVESTMENT-INCOME]                     12,224,615
[REALIZED-GAINS-CURRENT]                   196,408,802
[APPREC-INCREASE-CURRENT]                   36,907,908
[NET-CHANGE-FROM-OPS]                      245,541,325
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                   15,036,214
[DISTRIBUTIONS-OF-GAINS]                   315,031,240
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                     27,570,298
[NUMBER-OF-SHARES-REDEEMED]                 42,486,132
[SHARES-REINVESTED]                         23,017,595
[NET-CHANGE-IN-ASSETS]                     (4,552,511)
[ACCUMULATED-NII-PRIOR]                      7,365,482
[ACCUMULATED-GAINS-PRIOR]                  220,158,431
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                        4,618,284
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              7,338,640
[AVERAGE-NET-ASSETS]                     1,889,691,805
[PER-SHARE-NAV-BEGIN]                            14.91
[PER-SHARE-NII]                                  00.09
[PER-SHARE-GAIN-APPREC]                          01.87
[PER-SHARE-DIVIDEND]                             00.11
[PER-SHARE-DISTRIBUTIONS]                        02.76
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              14.00
[EXPENSE-RATIO]                                  00.79
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>