<ARTICLE>	6

<CIK>	0000320351

<NAME>	Fidelity Select Portfolios



	<NUMBER>	15

	<NAME>	Select-Telecommunication

<MULTIPLIER>	1,000







<PERIOD-TYPE>
6-MOS
<FISCAL-YEAR-END>
FEB-28-2001
<PERIOD-END>
AUG-31-2000
<INVESTMENTS-AT-COST>
1,464,120
<INVESTMENTS-AT-VALUE>
1,627,027
<RECEIVABLES>
3,007
<ASSETS-OTHER>
0
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
1,630,034
<PAYABLE-FOR-SECURITIES>
0
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
145,098
<TOTAL-LIABILITIES>
145,098
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
1,176,832
<SHARES-COMMON-STOCK>
19,009
<SHARES-COMMON-PRIOR>
18,719
<ACCUMULATED-NII-CURRENT>
(1,617)
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
146,816
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
162,905
<NET-ASSETS>
1,484,936
<DIVIDEND-INCOME>
3,184
<INTEREST-INCOME>
2,324
<OTHER-INCOME>
915
<EXPENSES-NET>
8,040
<NET-INVESTMENT-INCOME>
(1,617)
<REALIZED-GAINS-CURRENT>
152,502
<APPREC-INCREASE-CURRENT>
(452,343)
<NET-CHANGE-FROM-OPS>
(301,458)
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
0
<DISTRIBUTIONS-OF-GAINS>
163,876
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
3,388
<NUMBER-OF-SHARES-REDEEMED>
4,839
<SHARES-REINVESTED>
1,741
<NET-CHANGE-IN-ASSETS>
(403,281)
<ACCUMULATED-NII-PRIOR>
0
<ACCUMULATED-GAINS-PRIOR>
192,912
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
4,727
<INTEREST-EXPENSE>
2
<GROSS-EXPENSE>
8,428
<AVERAGE-NET-ASSETS>
1,645,860
<PER-SHARE-NAV-BEGIN>
100.870
<PER-SHARE-NII>
(.080)
<PER-SHARE-GAIN-APPREC>
(14.100)
<PER-SHARE-DIVIDEND>
0
<PER-SHARE-DISTRIBUTIONS>
8.590
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
78.120
<EXPENSE-RATIO>
100