WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

 

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM
Weingarten Fund Institutional Shares April 30, 2000 semiannual report.

<CIK> 0000019034
<NAME> AIM EQUITY FUNDS, INC.

   <NUMBER> 1
   <NAME> AIM WEINGARTEN FUND INSTITUTIONAL SHARES

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-2000
<PERIOD-END>                               APR-30-2000
<INVESTMENTS-AT-COST>                       7974013603
<INVESTMENTS-AT-VALUE>                     12444575595
<RECEIVABLES>                                111797356
<ASSETS-OTHER>                                  372175
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             12556745126
<PAYABLE-FOR-SECURITIES>                      19023243
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     27271904
<TOTAL-LIABILITIES>                           46295147
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    6771395955
<SHARES-COMMON-STOCK>                        392206762
<SHARES-COMMON-PRIOR>                        340875696
<ACCUMULATED-NII-CURRENT>                   (34219416)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     1302779550
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    4470493890
<NET-ASSETS>                               12510449979
<DIVIDEND-INCOME>                             31048622
<INTEREST-INCOME>                                24589
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              (64975073)
<NET-INVESTMENT-INCOME>                     (33901862)
<REALIZED-GAINS-CURRENT>                    1229087035
<APPREC-INCREASE-CURRENT>                   1317256973
<NET-CHANGE-FROM-OPS>                       2512442146
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                  (1094727212)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       39218739
<NUMBER-OF-SHARES-REDEEMED>                 (24174801)
<SHARES-REINVESTED>                           36287128
<NET-CHANGE-IN-ASSETS>                      2909759508
<ACCUMULATED-NII-PRIOR>                       (317554)
<ACCUMULATED-GAINS-PRIOR>                   1168419727
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                         36503704
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                               68307280
<AVERAGE-NET-ASSETS>                         139584073
<PER-SHARE-NAV-BEGIN>                            28.96
<PER-SHARE-NII>                                 (0.01)
<PER-SHARE-GAIN-APPREC>                           7.27
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                       (3.19)
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              33.03
<EXPENSE-RATIO>                                   0.65