[ARTICLE] 6
[CIK] 0000874835
[NAME] SMITH BARNEY SERIES FUND
[SERIES]
   [NUMBER] 8
   [NAME] MONEY MARKET PORTFOLIO
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   YEAR
[FISCAL-YEAR-END]                          DEC-31-1996
[PERIOD-END]                               DEC-31-1996
[INVESTMENTS-AT-COST]                        5,997,977
[INVESTMENTS-AT-VALUE]                       5,997,977
[RECEIVABLES]                                   25,038
[ASSETS-OTHER]                                       0
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                               6,023,015
[PAYABLE-FOR-SECURITIES]                             0
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      135,107
[TOTAL-LIABILITIES]                            135,107
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                     5,887,908
[SHARES-COMMON-STOCK]                        5,887,908
[SHARES-COMMON-PRIOR]                        5,653,270
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                              0
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                             0
[NET-ASSETS]                                 5,887,908
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                              325,237
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                  44,793
[NET-INVESTMENT-INCOME]                        280,444
[REALIZED-GAINS-CURRENT]                             0
[APPREC-INCREASE-CURRENT]                            0
[NET-CHANGE-FROM-OPS]                          280,444
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                      280,444
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                      4,806,909
[NUMBER-OF-SHARES-REDEEMED]                  4,856,413
[SHARES-REINVESTED]                            284,142
[NET-CHANGE-IN-ASSETS]                         234,638
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                            0
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                           17,904
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                 74,623
[AVERAGE-NET-ASSETS]                         5,968,095
[PER-SHARE-NAV-BEGIN]                             1.00
[PER-SHARE-NII]                                  0.047
[PER-SHARE-GAIN-APPREC]                              0
[PER-SHARE-DIVIDEND]                                 0
[PER-SHARE-DISTRIBUTIONS]                        0.047
[RETURNS-OF-CAPITAL]                              1.00
[PER-SHARE-NAV-END]                               0.75
[EXPENSE-RATIO]                                      0
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>