[ARTICLE] 6
[CIK] 0000919557
[NAME] TRAVELERS SERIES FUND, INC.
[SERIES]
   [NUMBER] 7
   [NAME] PUTNAM DIVERSIFIED INCOME PORTFOLIO
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   YEAR
[FISCAL-YEAR-END]                          OCT-31-1998
[PERIOD-END]                               OCT-31-1998
[INVESTMENTS-AT-COST]                      163,715,191
[INVESTMENTS-AT-VALUE]                     157,837,919
[RECEIVABLES]                                6,657,902
[ASSETS-OTHER]                                  46,780
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                             164,542,601
[PAYABLE-FOR-SECURITIES]                     6,242,931
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                    1,405,055
[TOTAL-LIABILITIES]                          7,647,986
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   156,108,878
[SHARES-COMMON-STOCK]                       13,412,724
[SHARES-COMMON-PRIOR]                        9,881,456
[ACCUMULATED-NII-CURRENT]                    9,261,510
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                    (2,323,139)
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                   (6,152,634)
[NET-ASSETS]                               156,894,615
[DIVIDEND-INCOME]                              395,536
[INTEREST-INCOME]                           11,733,194
[OTHER-INCOME]                                       0
[EXPENSES-NET]                               1,264,766
[NET-INVESTMENT-INCOME]                     10,863,964
[REALIZED-GAINS-CURRENT]                   (3,980,162)
[APPREC-INCREASE-CURRENT]                  (8,769,072)
[NET-CHANGE-FROM-OPS]                      (1,885,270)
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                    5,006,574
[DISTRIBUTIONS-OF-GAINS]                     1,644,355
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                      3,309,769
[NUMBER-OF-SHARES-REDEEMED]                    321,876
[SHARES-REINVESTED]                            543,375
[NET-CHANGE-IN-ASSETS]                      35,293,555
[ACCUMULATED-NII-PRIOR]                      5,343,943
[ACCUMULATED-GAINS-PRIOR]                    1,361,555
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                        1,084,982
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                      0
[AVERAGE-NET-ASSETS]                       145,190,912
[PER-SHARE-NAV-BEGIN]                            12.31
[PER-SHARE-NII]                                  00.57
[PER-SHARE-GAIN-APPREC]                         (0.62)
[PER-SHARE-DIVIDEND]                             00.42
[PER-SHARE-DISTRIBUTIONS]                        00.14
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              11.70
[EXPENSE-RATIO]                                  00.87
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>