Independent auditors' consent
----------------------------------------------------------------------

The board and shareholders AXP Growth Series, Inc.:
  AXP Large Cap Equity Fund
  AXP Large Cap Value Fund
  AXP Growth Fund
  AXP Research Opportunities Fund

The board of trustees and unitholders Growth Trust:
   Growth Portfolio
   Aggressive Growth Portfolio

We consent to the use of our reports incorporated herein by reference and to the
references to our Firm under the headings "Financial Highlights" in Part A and
"Independent Auditors" in Part B of the Registration Statement.


/s/ KPMG LLP
--------------
    KPMG LLP
    Minneapolis, Minnesota
    September 25, 2002