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

 

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

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

   <NUMBER> 2
   <NAME> AIM CONSTELLATION FUND CLASS C SHARES

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-2000
<PERIOD-END>                               APR-30-2000
<INVESTMENTS-AT-COST>                      12077505987
<INVESTMENTS-AT-VALUE>                     20755727302
<RECEIVABLES>                                200291935
<ASSETS-OTHER>                                 1208256
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             20957227493
<PAYABLE-FOR-SECURITIES>                     162263976
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    139237501
<TOTAL-LIABILITIES>                          301501477
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    9361884526
<SHARES-COMMON-STOCK>                        485345919
<SHARES-COMMON-PRIOR>                        441420408
<ACCUMULATED-NII-CURRENT>                   (68558670)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     2681079353
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    8681320807
<NET-ASSETS>                               20655726016
<DIVIDEND-INCOME>                             37638099
<INTEREST-INCOME>                              1652827
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (107297859)
<NET-INVESTMENT-INCOME>                     (68006933)
<REALIZED-GAINS-CURRENT>                    2503973602
<APPREC-INCREASE-CURRENT>                   2674170408
<NET-CHANGE-FROM-OPS>                       5110137077
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                  (1440820530)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       60342137
<NUMBER-OF-SHARES-REDEEMED>                 (53137860)
<SHARES-REINVESTED>                           36721234
<NET-CHANGE-IN-ASSETS>                      5367244222
<ACCUMULATED-NII-PRIOR>                       (551737)
<ACCUMULATED-GAINS-PRIOR>                   1617926281
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                         60894984
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              109640938
<AVERAGE-NET-ASSETS>                         251950134
<PER-SHARE-NAV-BEGIN>                            33.99
<PER-SHARE-NII>                                 (0.30)
<PER-SHARE-GAIN-APPREC>                          11.13
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                       (3.28)
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              41.54
<EXPENSE-RATIO>                                   1.89