<ARTICLE>	6

<CIK>	0000320351

<NAME>	Fidelity Select Portfolios



	<NUMBER>	28

	<NAME>	Select-Industrial Equipment

<MULTIPLIER>	1,000







<PERIOD-TYPE>
6-MOS
<FISCAL-YEAR-END>
FEB-28-2001
<PERIOD-END>
AUG-31-2000
<INVESTMENTS-AT-COST>
20,650
<INVESTMENTS-AT-VALUE>
27,109
<RECEIVABLES>
396
<ASSETS-OTHER>
0
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
27,505
<PAYABLE-FOR-SECURITIES>
98
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
197
<TOTAL-LIABILITIES>
295
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
18,391
<SHARES-COMMON-STOCK>
961
<SHARES-COMMON-PRIOR>
990
<ACCUMULATED-NII-CURRENT>
(32)
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
2,392
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
6,459
<NET-ASSETS>
27,210
<DIVIDEND-INCOME>
155
<INTEREST-INCOME>
17
<OTHER-INCOME>
1
<EXPENSES-NET>
205
<NET-INVESTMENT-INCOME>
(32)
<REALIZED-GAINS-CURRENT>
2,484
<APPREC-INCREASE-CURRENT>
(304)
<NET-CHANGE-FROM-OPS>
2,148
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
0
<DISTRIBUTIONS-OF-GAINS>
387
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
285
<NUMBER-OF-SHARES-REDEEMED>
328
<SHARES-REINVESTED>
14
<NET-CHANGE-IN-ASSETS>
1,093
<ACCUMULATED-NII-PRIOR>
11
<ACCUMULATED-GAINS-PRIOR>
2,120
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
79
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
205
<AVERAGE-NET-ASSETS>
27,506
<PER-SHARE-NAV-BEGIN>
26.380
<PER-SHARE-NII>
(.030)
<PER-SHARE-GAIN-APPREC>
2.320
<PER-SHARE-DIVIDEND>
0
<PER-SHARE-DISTRIBUTIONS>
 .360
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
28.330
<EXPENSE-RATIO>
146