<?xml version="1.0" encoding="us-ascii"?>
<!--XBRL document created by RR Donnelley IM Processor 6.0.0.0 using Fujitsu Interstage XWand-->
<schema targetNamespace="http://www.AllianceBernstein.com/20130205" elementFormDefault="qualified" xmlns="http://www.w3.org/2001/XMLSchema" xmlns:abifi1="http://www.AllianceBernstein.com/20130205" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric">
  <annotation>
    <appinfo>
      <link:linkbaseRef xlink:type="simple" xlink:href="abifi1-20130205_pre.xml" xlink:title="Presentation Links, all" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
      <link:linkbaseRef xlink:type="simple" xlink:href="abifi1-20130205_cal.xml" xlink:title="Calculation Links, all" xlink:role="http://www.xbrl.org/2003/role/calculationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
      <link:linkbaseRef xlink:type="simple" xlink:href="abifi1-20130205_def.xml" xlink:title="Definition Links, all" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
      <link:linkbaseRef xlink:type="simple" xlink:href="abifi1-20130205_lab.xml" xlink:title="Label Links, all" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
      <link:roleType roleURI="http://www.AllianceBernstein.com/role/DocumentDocumentandEntityInformation" id="DocumentDocumentandEntityInformation">
        <link:definition>000000 - Document - Document and Entity Information</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.AllianceBernstein.com/role/DocumentRiskReturnSummaryUnlabeledAllianceBernsteinGlobalRealEstateInvestmentFundII" id="DocumentRiskReturnSummaryUnlabeledAllianceBernsteinGlobalRealEstateInvestmentFundII">
        <link:definition>000011 - Document - Risk/Return Summary {Unlabeled} - AllianceBernstein Global Real Estate Investment Fund II</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.AllianceBernstein.com/role/ScheduleShareholderFeesAllianceBernsteinGlobalRealEstateInvestmentFundII" id="ScheduleShareholderFeesAllianceBernsteinGlobalRealEstateInvestmentFundII">
        <link:definition>000012 - Schedule - Shareholder Fees {- AllianceBernstein Global Real Estate Investment Fund II}</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.AllianceBernstein.com/role/ScheduleAnnualFundOperatingExpensesAllianceBernsteinGlobalRealEstateInvestmentFundII" id="ScheduleAnnualFundOperatingExpensesAllianceBernsteinGlobalRealEstateInvestmentFundII">
        <link:definition>000013 - Schedule - Annual Fund Operating Expenses {- AllianceBernstein Global Real Estate Investment Fund II}</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.AllianceBernstein.com/role/ScheduleExpenseExampleAllianceBernsteinGlobalRealEstateInvestmentFundII" id="ScheduleExpenseExampleAllianceBernsteinGlobalRealEstateInvestmentFundII">
        <link:definition>000014 - Schedule - Expense Example {- AllianceBernstein Global Real Estate Investment Fund II}</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.AllianceBernstein.com/role/ScheduleExpenseExampleNoRedemptionTransposedAllianceBernsteinGlobalRealEstateInvestmentFundII" id="ScheduleExpenseExampleNoRedemptionTransposedAllianceBernsteinGlobalRealEstateInvestmentFundII">
        <link:definition>000015 - Schedule - Expense Example, No Redemption {Transposed} {- AllianceBernstein Global Real Estate Investment Fund II}</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.AllianceBernstein.com/role/ScheduleAnnualTotalReturnsAllianceBernsteinGlobalRealEstateInvestmentFundIIBarChart" id="ScheduleAnnualTotalReturnsAllianceBernsteinGlobalRealEstateInvestmentFundIIBarChart">
        <link:definition>000016 - Schedule - Annual Total Returns - AllianceBernstein Global Real Estate Investment Fund II [BarChart]</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.AllianceBernstein.com/role/ScheduleAverageAnnualTotalReturnsTransposedAllianceBernsteinGlobalRealEstateInvestmentFundII" id="ScheduleAverageAnnualTotalReturnsTransposedAllianceBernsteinGlobalRealEstateInvestmentFundII">
        <link:definition>000017 - Schedule - Average Annual Total Returns {Transposed} {- AllianceBernstein Global Real Estate Investment Fund II}</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.AllianceBernstein.com/role/DocumentRiskReturnDetailUnlabeledAllianceBernsteinGlobalRealEstateInvestmentFundII" id="DocumentRiskReturnDetailUnlabeledAllianceBernsteinGlobalRealEstateInvestmentFundII">
        <link:definition>000018 - Document - Risk/Return Detail {Unlabeled} - AllianceBernstein Global Real Estate Investment Fund II</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.AllianceBernstein.com/role/DisclosureRiskReturnDetailDataElementsAllianceBernsteinGlobalRealEstateInvestmentFundII" id="DisclosureRiskReturnDetailDataElementsAllianceBernsteinGlobalRealEstateInvestmentFundII">
        <link:definition>000019 - Disclosure - Risk/Return Detail Data {Elements} - AllianceBernstein Global Real Estate Investment Fund II</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
    </appinfo>
  </annotation>
  <import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" />
  <import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" />
  <import namespace="http://xbrl.sec.gov/rr/2012-01-31" schemaLocation="http://xbrl.sec.gov/rr/2012/rr-2012-01-31.xsd" />
  <import namespace="http://xbrl.sec.gov/dei/2012-01-31" schemaLocation="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd" />
  <import namespace="http://www.xbrl.org/dtr/type/non-numeric" schemaLocation="http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd" />
  <element name="S000010313Member" id="abifi1_S000010313Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="C000028538Member" id="abifi1_C000028538Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="C000028539Member" id="abifi1_C000028539Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="SAndPFiveHundredIndexMember" id="abifi1_SAndPFiveHundredIndexMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="MsciWorldIndexNetMember" id="abifi1_MsciWorldIndexNetMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="FtseNareitEquityReitIndexMember" id="abifi1_FtseNareitEquityReitIndexMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="FtseEpraNareitDevelopedRealEstateIndexMember" id="abifi1_FtseEpraNareitDevelopedRealEstateIndexMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
</schema>
