<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the Kemper
Blue Chip Fund Semiannual Report for the six months ended 4/30/00 and is
qualified in its entirety by reference to such financial statements.

<CIK> 0000823342
<NAME> KEMPER BLUE CHIP FUND

   <NUMBER> 040
   <NAME> KEMPER BLUE CHIP FUND
<MULTIPLIER> 1000

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-2000
<PERIOD-START>                             NOV-01-2000
<PERIOD-END>                               APR-30-2000
<INVESTMENTS-AT-COST>                          930,698
<INVESTMENTS-AT-VALUE>                       1,167,146
<RECEIVABLES>                                   10,004
<ASSETS-OTHER>                                       6
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               1,177,165
<PAYABLE-FOR-SECURITIES>                        13,259
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        3,551
<TOTAL-LIABILITIES>                             16,811
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       899,007
<SHARES-COMMON-STOCK>                              473
<SHARES-COMMON-PRIOR>                              461
<ACCUMULATED-NII-CURRENT>                      (2,511)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         27,410
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       236,448
<NET-ASSETS>                                   438,239
<DIVIDEND-INCOME>                                4,013
<INTEREST-INCOME>                                1,615
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   8,139
<NET-INVESTMENT-INCOME>                        (2,511)
<REALIZED-GAINS-CURRENT>                        28,723
<APPREC-INCREASE-CURRENT>                       49,564
<NET-CHANGE-FROM-OPS>                           75,776
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                         (354)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          4,005
<NUMBER-OF-SHARES-REDEEMED>                    (4,031)
<SHARES-REINVESTED>                                354
<NET-CHANGE-IN-ASSETS>                         245,346
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                       33,695
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            2,946
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  8,176
<AVERAGE-NET-ASSETS>                            10,591
<PER-SHARE-NAV-BEGIN>                            20.99
<PER-SHARE-NII>                                 (0.13)
<PER-SHARE-GAIN-APPREC>                           1.61
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                       (0.75)
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              21.97
<EXPENSE-RATIO>                                   0.71