<ARTICLE>	6

<CIK>	0000320351

<NAME>	Fidelity Select Portfolios



	<NUMBER>	42

	<NAME>	Select-Natural Resources

<MULTIPLIER>	1,000







<PERIOD-TYPE>
6-MOS
<FISCAL-YEAR-END>
FEB-28-2001
<PERIOD-END>
AUG-31-2000
<INVESTMENTS-AT-COST>
17,699
<INVESTMENTS-AT-VALUE>
21,461
<RECEIVABLES>
215
<ASSETS-OTHER>
0
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
21,676
<PAYABLE-FOR-SECURITIES>
0
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
1,351
<TOTAL-LIABILITIES>
1,351
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
15,383
<SHARES-COMMON-STOCK>
1,371
<SHARES-COMMON-PRIOR>
1,200
<ACCUMULATED-NII-CURRENT>
14
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
1,165
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
3,763
<NET-ASSETS>
20,325
<DIVIDEND-INCOME>
134
<INTEREST-INCOME>
33
<OTHER-INCOME>
0
<EXPENSES-NET>
153
<NET-INVESTMENT-INCOME>
14
<REALIZED-GAINS-CURRENT>
1,309
<APPREC-INCREASE-CURRENT>
2,366
<NET-CHANGE-FROM-OPS>
3,689
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
0
<DISTRIBUTIONS-OF-GAINS>
48
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
954
<NUMBER-OF-SHARES-REDEEMED>
787
<SHARES-REINVESTED>
4
<NET-CHANGE-IN-ASSETS>
6,268
<ACCUMULATED-NII-PRIOR>
0
<ACCUMULATED-GAINS-PRIOR>
(96)
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
50
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
157
<AVERAGE-NET-ASSETS>
17,476
<PER-SHARE-NAV-BEGIN>
11.710
<PER-SHARE-NII>
 .010
<PER-SHARE-GAIN-APPREC>
3.130
<PER-SHARE-DIVIDEND>
0
<PER-SHARE-DISTRIBUTIONS>
 .040
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
14.830
<EXPENSE-RATIO>
175