<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000787514
<NAME> SMITH BARNEY EQUITY FUNDS
<SERIES>
   <NUMBER> 2
   <NAME> SMITH BARNEY GROWTH AND INCOME FUND CLASS Y
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JAN-31-1997
<PERIOD-END>                               JAN-31-1997
<INVESTMENTS-AT-COST>                      252,289,995
<INVESTMENTS-AT-VALUE>                     352,801,430
<RECEIVABLES>                                3,988,101
<ASSETS-OTHER>                                  28,849
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             356,818,972
<PAYABLE-FOR-SECURITIES>                     4,730,872
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      478,567
<TOTAL-LIABILITIES>                          5,209,439
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    24,917,000
<SHARES-COMMON-STOCK>                        5,451,703
<SHARES-COMMON-PRIOR>                        2,909,276
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                       (204,625)
<ACCUMULATED-NET-GAINS>                      2,105,723
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   100,511,435
<NET-ASSETS>                               351,609,533
<DIVIDEND-INCOME>                            5,392,984
<INTEREST-INCOME>                            1,823,903
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               3,606,803
<NET-INVESTMENT-INCOME>                      3,610,084
<REALIZED-GAINS-CURRENT>                     6,026,402
<APPREC-INCREASE-CURRENT>                   45,724,984
<NET-CHANGE-FROM-OPS>                       55,361,470
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      647,675
<DISTRIBUTIONS-OF-GAINS>                       822,811
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      5,451,289
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                     127,663,108
<ACCUMULATED-NII-PRIOR>                         33,908
<ACCUMULATED-GAINS-PRIOR>                      281,852
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,256,354
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              3,595,383
<AVERAGE-NET-ASSETS>                        37,471,023
<PER-SHARE-NAV-BEGIN>                            12.16
<PER-SHARE-NII>                                  00.22
<PER-SHARE-GAIN-APPREC>                          02.36
<PER-SHARE-DIVIDEND>                             00.22
<PER-SHARE-DISTRIBUTIONS>                        00.18
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.34
<EXPENSE-RATIO>                                  01.73
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>