[ARTICLE] 6
[CIK] 0000875186
[NAME] CONSULTING GROUP CAPITAL MARKETS FUNDS
[SERIES]
   [NUMBER] 8
   [NAME] LARGE CAPITALIZATION GROWTH INVESTMENTS
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   YEAR
[FISCAL-YEAR-END]                          AUG-31-1998
[PERIOD-END]                               AUG-31-1998
[INVESTMENTS-AT-COST]                    1,212,353,384
[INVESTMENTS-AT-VALUE]                   1,785,639,349
[RECEIVABLES]                               14,726,237
[ASSETS-OTHER]                                       0
[OTHER-ITEMS-ASSETS]                       292,954,585
[TOTAL-ASSETS]                           2,093,320,171
[PAYABLE-FOR-SECURITIES]                             0
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                  299,874,203
[TOTAL-LIABILITIES]                        299,874,203
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                 1,145,415,736
[SHARES-COMMON-STOCK]                      103,676,716
[SHARES-COMMON-PRIOR]                      106,823,419
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                     75,554,467
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                   572,475,765
[NET-ASSETS]                             1,793,445,968
[DIVIDEND-INCOME]                           15,451,262
[INTEREST-INCOME]                            2,358,907
[OTHER-INCOME]                                       0
[EXPENSES-NET]                              14,695,010
[NET-INVESTMENT-INCOME]                      3,115,159
[REALIZED-GAINS-CURRENT]                    92,315,984
[APPREC-INCREASE-CURRENT]                   33,403,155
[NET-CHANGE-FROM-OPS]                      128,834,298
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                    8,248,609
[DISTRIBUTIONS-OF-GAINS]                   116,496,378
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                     35,772,274
[NUMBER-OF-SHARES-REDEEMED]                 46,046,208
[SHARES-REINVESTED]                          7,127,231
[NET-CHANGE-IN-ASSETS]                      51,370,959
[ACCUMULATED-NII-PRIOR]                      5,133,450
[ACCUMULATED-GAINS-PRIOR]                   99,734,861
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                        8,517,286
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                             14,695,010
[AVERAGE-NET-ASSETS]                     1,933,447,300
[PER-SHARE-NAV-BEGIN]                            17.27
[PER-SHARE-NII]                                  00.04
[PER-SHARE-GAIN-APPREC]                          01.31
[PER-SHARE-DIVIDEND]                             00.08
[PER-SHARE-DISTRIBUTIONS]                        01.24
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              17.30
[EXPENSE-RATIO]                                  00.76
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>