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

 

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

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

   <NUMBER> 3
   <NAME> AIM CHARTER FUND INSTITUTIONAL SHARES

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-2000
<PERIOD-END>                               APR-30-2000
<INVESTMENTS-AT-COST>                       6180238722
<INVESTMENTS-AT-VALUE>                      9105102282
<RECEIVABLES>                                 36790627
<ASSETS-OTHER>                                  251030
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              9142143939
<PAYABLE-FOR-SECURITIES>                      18336180
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     27370415
<TOTAL-LIABILITIES>                           45706595
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    5504734405
<SHARES-COMMON-STOCK>                        489091466
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                   (18674280)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      688438463
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    2921938756
<NET-ASSETS>                                9096437344
<DIVIDEND-INCOME>                             32051145
<INTEREST-INCOME>                              4190372
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              (54698689)
<NET-INVESTMENT-INCOME>                     (18457172)
<REALIZED-GAINS-CURRENT>                     660174026
<APPREC-INCREASE-CURRENT>                    640546679
<NET-CHANGE-FROM-OPS>                       1282263533
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                     584792648
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       62646928
<NUMBER-OF-SHARES-REDEEMED>                 (36208878)
<SHARES-REINVESTED>                           32299310
<NET-CHANGE-IN-ASSETS>                      1735752046
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                         26658365
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                               55572602
<AVERAGE-NET-ASSETS>                          78012638
<PER-SHARE-NAV-BEGIN>                            17.33
<PER-SHARE-NII>                                 (0.02)
<PER-SHARE-GAIN-APPREC>                           2.93
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                       (1.35)
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              18.93
<EXPENSE-RATIO>                                   0.65