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

 

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

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

   <NUMBER> 11
   <NAME> AIM CAPITAL DEVELOPMENT FUND CLASS B SHARES

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-2000
<PERIOD-END>                               APR-30-2000
<INVESTMENTS-AT-COST>                        949686555
<INVESTMENTS-AT-VALUE>                      1419692806
<RECEIVABLES>                                 23865777
<ASSETS-OTHER>                                   68729
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              1443627312
<PAYABLE-FOR-SECURITIES>                       4794802
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      3964952
<TOTAL-LIABILITIES>                            8759754
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     798328693
<SHARES-COMMON-STOCK>                         67655821
<SHARES-COMMON-PRIOR>                         71961308
<ACCUMULATED-NII-CURRENT>                    (7068598)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      173601212
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     470006251
<NET-ASSETS>                                1434867558
<DIVIDEND-INCOME>                              3819311
<INTEREST-INCOME>                                 1540
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              (11059962)
<NET-INVESTMENT-INCOME>                      (7239111)
<REALIZED-GAINS-CURRENT>                     184380867
<APPREC-INCREASE-CURRENT>                    248655729
<NET-CHANGE-FROM-OPS>                        425797485
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        5397757
<NUMBER-OF-SHARES-REDEEMED>                  (9703244)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       350013361
<ACCUMULATED-NII-PRIOR>                         170513
<ACCUMULATED-GAINS-PRIOR>                   (10779655)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          4453291
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                               11073469
<AVERAGE-NET-ASSETS>                         571499111
<PER-SHARE-NAV-BEGIN>                            14.90
<PER-SHARE-NII>                                 (0.14)
<PER-SHARE-GAIN-APPREC>                           6.16
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              20.92
<EXPENSE-RATIO>                                   2.04