<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000875186
<NAME> CONSULTING GROUP CAPITAL MARKETS FUNDS
<SERIES>
   <NUMBER> 7
   <NAME> LARGE CAP VALUE
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          AUG-31-1997
<PERIOD-END>                               AUG-31-1997
<INVESTMENTS-AT-COST>                    1,459,535,955
<INVESTMENTS-AT-VALUE>                   1,943,433,195
<RECEIVABLES>                               10,450,974
<ASSETS-OTHER>                                      71
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                           1,953,884,240
<PAYABLE-FOR-SECURITIES>                    16,404,073
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    2,732,820
<TOTAL-LIABILITIES>                         19,136,893
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 1,223,326,194
<SHARES-COMMON-STOCK>                      129,744,143
<SHARES-COMMON-PRIOR>                      130,926,138
<ACCUMULATED-NII-CURRENT>                    7,370,609
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    220,153,304
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   483,897,240
<NET-ASSETS>                             1,934,747,347
<DIVIDEND-INCOME>                           41,740,706
<INTEREST-INCOME>                            1,074,225
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              13,410,396
<NET-INVESTMENT-INCOME>                     29,404,265
<REALIZED-GAINS-CURRENT>                   244,358,130
<APPREC-INCREASE-CURRENT>                  278,616,642
<NET-CHANGE-FROM-OPS>                      552,379,037
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                   44,380,995
<DISTRIBUTIONS-OF-GAINS>                    78,157,401
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     40,317,277
<NUMBER-OF-SHARES-REDEEMED>                 51,090,285
<SHARES-REINVESTED>                          9,591,013
<NET-CHANGE-IN-ASSETS>                     (7,543,945)
<ACCUMULATED-NII-PRIOR>                     22,347,339
<ACCUMULATED-GAINS-PRIOR>                   53,952,575
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        8,514,670
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                             13,410,396
<AVERAGE-NET-ASSETS>                     1,728,838,856
<PER-SHARE-NAV-BEGIN>                            11.55
<PER-SHARE-NII>                                  00.23
<PER-SHARE-GAIN-APPREC>                          04.09
<PER-SHARE-DIVIDEND>                             00.34
<PER-SHARE-DISTRIBUTIONS>                        00.62
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.91
<EXPENSE-RATIO>                                  00.78
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>