[ARTICLE] 6
[CIK] 0000875186
[NAME] CONSULTING GROUP CAPITAL MARKETS FUNDS
[SERIES]
   [NUMBER] 6
   [NAME] BALANCED INVESTMENTS FUND
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   6-MOS
[FISCAL-YEAR-END]                          AUG-31-1998
[PERIOD-END]                               FEB-28-1998
[INVESTMENTS-AT-COST]                       69,984,453
[INVESTMENTS-AT-VALUE]                      82,134,499
[RECEIVABLES]                                  475,455
[ASSETS-OTHER]                                       0
[OTHER-ITEMS-ASSETS]                               656
[TOTAL-ASSETS]                                 476,111
[PAYABLE-FOR-SECURITIES]                             0
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      254,118
[TOTAL-LIABILITIES]                            254,118
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                    64,385,412
[SHARES-COMMON-STOCK]                        6,679,066
[SHARES-COMMON-PRIOR]                        7,476,865
[ACCUMULATED-NII-CURRENT]                      985,749
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                      4,835,285
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    12,150,046
[NET-ASSETS]                                82,356,492
[DIVIDEND-INCOME]                              609,279
[INTEREST-INCOME]                              709,880
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                 410,708
[NET-INVESTMENT-INCOME]                        908,451
[REALIZED-GAINS-CURRENT]                     4,843,208
[APPREC-INCREASE-CURRENT]                    1,295,348
[NET-CHANGE-FROM-OPS]                        7,047,007
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                      862,970
[DISTRIBUTIONS-OF-GAINS]                     4,410,524
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                      1,420,287
[NUMBER-OF-SHARES-REDEEMED]                  2,646,514
[SHARES-REINVESTED]                            428,428
[NET-CHANGE-IN-ASSETS]                       7,432,724
[ACCUMULATED-NII-PRIOR]                        940,268
[ACCUMULATED-GAINS-PRIOR]                    4,402,601
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          256,632
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                410,708
[AVERAGE-NET-ASSETS]                        86,668,103
[PER-SHARE-NAV-BEGIN]                            12.01
[PER-SHARE-NII]                                  00.14
[PER-SHARE-GAIN-APPREC]                          00.87
[PER-SHARE-DIVIDEND]                             00.12
[PER-SHARE-DISTRIBUTIONS]                        00.57
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              12.33
[EXPENSE-RATIO]                                  00.96
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>