<ARTICLE> 6 <CIK> 356865 <NAME> Oppenheimer Disciplined Allocation - C Shares <SERIES> <NUMBER> 4 <NAME> Oppenheimer Series Fund, Inc. <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> OCT-31-1997 <PERIOD-START> NOV-01-1996 <PERIOD-END> OCT-31-1997 <INVESTMENTS-AT-COST> 219,783,941 <INVESTMENTS-AT-VALUE> 240,750,332 <RECEIVABLES> 14,434,499 <ASSETS-OTHER> 4,372 <OTHER-ITEMS-ASSETS> 63,951 <TOTAL-ASSETS> 255,253,154 <PAYABLE-FOR-SECURITIES> 1,450,222 <SENIOR-LONG-TERM-DEBT> 0 <OTHER-ITEMS-LIABILITIES> 341,791 <TOTAL-LIABILITIES> 1,792,013 <SENIOR-EQUITY> 0 <PAID-IN-CAPITAL-COMMON> 204,544,232 <SHARES-COMMON-STOCK> 88,237 <SHARES-COMMON-PRIOR> 11,803 <ACCUMULATED-NII-CURRENT> 828,581 <OVERDISTRIBUTION-NII> 0 <ACCUMULATED-NET-GAINS> 27,121,937 <OVERDISTRIBUTION-GAINS> 0 <ACCUM-APPREC-OR-DEPREC> 20,966,391 <NET-ASSETS> 1,473,475 <DIVIDEND-INCOME> 1,968,214 <INTEREST-INCOME> 8,554,080 <OTHER-INCOME> 0 <EXPENSES-NET> 2,792,481 <NET-INVESTMENT-INCOME> 7,729,813 <REALIZED-GAINS-CURRENT> 27,308,175 <APPREC-INCREASE-CURRENT> 7,070,415 <NET-CHANGE-FROM-OPS> 42,108,403 <EQUALIZATION> 0 <DISTRIBUTIONS-OF-INCOME> 21,190 <DISTRIBUTIONS-OF-GAINS> 21,246 <DISTRIBUTIONS-OTHER> 0 <NUMBER-OF-SHARES-SOLD> 80,502 <NUMBER-OF-SHARES-REDEEMED> 6,697 <SHARES-REINVESTED> 2,629 <NET-CHANGE-IN-ASSETS> 16,064,801 <ACCUMULATED-NII-PRIOR> 1,524,191 <ACCUMULATED-GAINS-PRIOR> 20,128,897 <OVERDISTRIB-NII-PRIOR> 0 <OVERDIST-NET-GAINS-PRIOR> 0 <GROSS-ADVISORY-FEES> 1,535,343 <INTEREST-EXPENSE> 0 <GROSS-EXPENSE> 2,792,481 <AVERAGE-NET-ASSETS> 805,000 <PER-SHARE-NAV-BEGIN> 15.93 <PER-SHARE-NII> 0.48 <PER-SHARE-GAIN-APPREC> 2.19 <PER-SHARE-DIVIDEND> 0.47 <PER-SHARE-DISTRIBUTIONS> 1.39 <RETURNS-OF-CAPITAL> 0.00 <PER-SHARE-NAV-END> 16.70 <EXPENSE-RATIO> 1.92 <AVG-DEBT-OUTSTANDING> 0 <AVG-DEBT-PER-SHARE> 0.00