CONSENT OF INDEPENDENT ACCOUNTANTS

We hereby consent to the incorporation by reference in this Post-Effective
Amendment No. 11 to the registration statement on Form N-1A (File No.
33-35576) ("Registration Statement") of our report dated August 10, 2000,
relating to the financial statements and financial highlights appearing in
the June 30, 2000 Annual Report of Putnam New Opportunities Fund, which are
also incorporated by reference into the Registration Statement.

We also consent to the references to us under the headings "Financial
highlights" and "Independent Accountants and Financial Statements" in such
Registration Statement.

PricewaterhouseCoopers LLP
Boston, Massachusetts
October 25, 2000