[ARTICLE] 6
[CIK] 0000875186
[NAME] CONSULTING GROUP CAPITAL MARKETS FUNDS
[SERIES]
   [NUMBER] 7
   [NAME] LARGE CAP VALUE
<TABLE>
<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>