Exhibit (j)


               CONSENT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS

We  consent  to the  references  to  our  firm  under  the  captions  "Financial
Highlights" for Scudder Blue Chip Fund in the Growth and Income Funds Prospectus
and the  Scudder  Blue Chip Class I Shares  Supplement  to the  Prospectus,  and
"Independent  Accountants/Auditors  and Reports to Shareholders"  and "Financial
Statements"  in the Scudder Blue Chip Fund  Statement of Additional  Information
and to the incorporation by reference in  Post-Effective  Amendment Number 24 to
the  Registration  Statement  (Form  N-1A,  No.  33-17777)  of our report  dated
December 4, 2002 on the financial statements and financial highlights of Scudder
Blue Chip Fund included in the Annual Report dated October 31, 2002.


/s/ERNST & YOUNG LLP

ERNST & YOUNG LLP

Boston, Massachusetts
January 27, 2003