INDEPENDENT AUDITORS' CONSENT


We consent to the  incorporation by reference in this  Post-Effective  Amendment
No. 102 to Registration  Statement No. 2-14213 on Form N-1A of American  Century
Mutual  Funds,  Inc. of our reports  dated  December 6, 2002,  appearing  in the
respective Annual Reports of Balanced Fund,  Capital Value Fund,  Giftrust Fund,
Growth Fund,  Heritage Fund, New Opportunities  Fund, New Opportunities II Fund,
Select  Fund,  Ultra Fund,  Veedot  Fund,  and Vista Fund,  comprising  American
Century Mutual Funds, Inc. for the year ended October 31, 2002, in the Statement
of Additional Information, which is part of this Registration Statement. We also
consent to the reference to us under the captions "Other Service  Providers" and
"Financial  Statements"  in such  Statement of Additional  Information.  We also
consent to the reference to us under the caption  "Financial  Highlights" in the
Prospectuses, which are also part of this Registration Statement.

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Deloitte & Touche LLP
/s/Deloitte & Touche LLP

Kansas City, Missouri
August 27, 2003