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

 

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM Large
Cap Basic Value Fund Class A Shares April 30, 2000 semiannual report.

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

   <NUMBER> 14
   <NAME> AIM LARGE CAP BASIC VALUE FUND CLASS A SHARES

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-2000
<PERIOD-END>                               APR-30-2000
<INVESTMENTS-AT-COST>                          1182179
<INVESTMENTS-AT-VALUE>                         1161808
<RECEIVABLES>                                    36357
<ASSETS-OTHER>                                   19605
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 1217770
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        24458
<TOTAL-LIABILITIES>                              24458
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       1126969
<SHARES-COMMON-STOCK>                           112981
<SHARES-COMMON-PRIOR>                           112735
<ACCUMULATED-NII-CURRENT>                       (8860)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          95574
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       (20371)
<NET-ASSETS>                                   1193312
<DIVIDEND-INCOME>                                 8018
<INTEREST-INCOME>                                 1949
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  (6917)
<NET-INVESTMENT-INCOME>                           3050
<REALIZED-GAINS-CURRENT>                         99366
<APPREC-INCREASE-CURRENT>                        64702
<NET-CHANGE-FROM-OPS>                           167118
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (19234)
<DISTRIBUTIONS-OF-GAINS>                       (12288)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          10248
<NUMBER-OF-SHARES-REDEEMED>                    (23348)
<SHARES-REINVESTED>                               3346
<NET-CHANGE-IN-ASSETS>                           40205
<ACCUMULATED-NII-PRIOR>                           7324
<ACCUMULATED-GAINS-PRIOR>                         8496
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                             3322
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  80400
<AVERAGE-NET-ASSETS>                           1110505
<PER-SHARE-NAV-BEGIN>                             9.40
<PER-SHARE-NII>                                   0.04
<PER-SHARE-GAIN-APPREC>                           1.42
<PER-SHARE-DIVIDEND>                            (0.18)
<PER-SHARE-DISTRIBUTIONS>                       (0.12)
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              10.56
<EXPENSE-RATIO>                                   1.25