<ARTICLE>	6

<CIK>	0000320351

<NAME>	Fidelity Select Portfolios



	<NUMBER>	22

	<NAME>	Select-Insurance

<MULTIPLIER>	1,000







<PERIOD-TYPE>
6-MOS
<FISCAL-YEAR-END>
FEB-28-2001
<PERIOD-END>
AUG-31-2000
<INVESTMENTS-AT-COST>
83,302
<INVESTMENTS-AT-VALUE>
101,787
<RECEIVABLES>
3,585
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0
<OTHER-ITEMS-ASSETS>
0
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105,372
<PAYABLE-FOR-SECURITIES>
0
<SENIOR-LONG-TERM-DEBT>
0
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2,466
<TOTAL-LIABILITIES>
2,466
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
84,580
<SHARES-COMMON-STOCK>
2,405
<SHARES-COMMON-PRIOR>
1,068
<ACCUMULATED-NII-CURRENT>
209
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
(368)
<OVERDISTRIBUTION-GAINS>
0
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18,485
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102,906
<DIVIDEND-INCOME>
484
<INTEREST-INCOME>
150
<OTHER-INCOME>
1
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426
<NET-INVESTMENT-INCOME>
209
<REALIZED-GAINS-CURRENT>
344
<APPREC-INCREASE-CURRENT>
21,545
<NET-CHANGE-FROM-OPS>
22,098
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
0
<DISTRIBUTIONS-OF-GAINS>
0
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
3,585
<NUMBER-OF-SHARES-REDEEMED>
2,248
<SHARES-REINVESTED>
0
<NET-CHANGE-IN-ASSETS>
73,385
<ACCUMULATED-NII-PRIOR>
0
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4,723
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0
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0
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189
<INTEREST-EXPENSE>
0
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437
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66,096
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27.640
<PER-SHARE-NII>
 .110
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14.890
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0
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0
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0
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42.780
<EXPENSE-RATIO>
129