<PAGE> PAGE 1
000 A000000 06/30/97
000 C000000 0000035402
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 FIDELITY TREND FUND
001 B000000 811-790
001 C000000 6175631413
002 A000000 82 DEVONSHIRE STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02109
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 1
007 C010100 1
007 C020100 FIDELITY TREND FUND
007 C030100 N
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 FIDELITY MANAGEMENT & RESEARCH COMPANY
008 B00AA01 A
008 C00AA01 801-7884
008 D01AA01 BOSTON
008 D02AA01 MA
008 D03AA01 02109
008 A00AA02 FIDELITY MANAGEMENT & RESEARCH (U.K.), INC.
008 B00AA02 S
008 C00AA02 801-28773
008 D01AA02 LONDON
008 D05AA02 ENGLAND
008 A00AA03 FID. MANAGEMENT & RESEARCH (FAR EAST), INC.
008 B00AA03 S
008 C00AA03 801-28774
008 D01AA03 TOKYO
008 D05AA03 JAPAN
011 A00AA01 FIDELITY DISTRIBUTORS CORPORATION
<PAGE> PAGE 2
011 B00AA01 8-8775
011 C01AA01 BOSTON
011 C02AA01 MA
011 C03AA01 02109
012 A00AA01 FIDELITY SERVICE CO.
012 B00AA01 84-00216
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02109
013 A00AA01 COOPERS & LYBRAND L.L.P.
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02109
014 A00AA01 FIDELITY BROKERAGE SERVICES, INC.
014 B00AA01 8-23292
014 A00AA02 FIDELITY DISTRIBUTORS CORPORATION
014 B00AA02 8-8775
014 A00AA03 FIDELITY BROKERAGE SERVICE
014 B00AA03 8-0000
014 A00AA04 NATIONAL FINANCIAL SERVICES CORPORATION
014 B00AA04 8-26740
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 237
019 C00AA00 FIDELITYZZ
020 A000001 FIDELITY BROKERAGE SERVICES INC.
020 B000001 04-2653569
020 C000001 572
020 A000002 MORGAN STANLEY & CO., INC.
020 B000002 13-2655998
020 C000002 398
020 A000003 SCHRODER WERTHEIM & CO., INC.
020 B000003 13-2697272
020 C000003 154
020 A000004 BROWN (ALEX) & SONS, INC.
020 B000004 52-1319768
020 C000004 140
020 A000005 MONTGOMERY SECURITIES
020 B000005 94-1701676
020 C000005 105
020 A000006 UBS SECURITIES LLC
020 B000006 13-2932996
020 C000006 100
020 A000007 GOLDMAN, SACHS & CO., INC.
020 B000007 13-5108880
020 C000007 97
020 A000008 BRIDGE TRADING COMPANY
020 B000008 43-1034850
020 C000008 95
020 A000009 LEHMAN BROTHERS, INC.
020 B000009 13-2518466
<PAGE> PAGE 3
020 C000009 91
020 A000010 FIDELITY BROKERAGE SERVICE
020 C000010 85
021 000000 3408
022 A000001 TAXABLE CENTRAL CASH FUND
022 B000001 04-3331103
022 C000001 1007800
022 D000001 1030016
022 A000002 SMITH BARNEY, INC.
022 B000002 13-1912900
022 C000002 90845
022 D000002 159058
022 A000003 FIDELITY EXPORT FUND AND MULTINATIONAL
022 B000003 04-3240639
022 C000003 185241
022 D000003 42751
022 A000004 GOLDMAN, SACHS & CO., INC.
022 B000004 13-5108880
022 C000004 82343
022 D000004 49436
022 A000005 BROWN (ALEX) & CO., INC.
022 B000005 52-1319768
022 C000005 68767
022 D000005 34740
022 A000006 MORGAN STANLEY & CO., INC.
022 B000006 13-2655998
022 C000006 44364
022 D000006 52920
022 A000007 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000007 13-5674085
022 C000007 53996
022 D000007 17643
022 A000008 INSTINET
022 B000008 13-3443395
022 C000008 38654
022 D000008 25724
022 A000009 FIRST BOSTON CORP.
022 B000009 13-5659485
022 C000009 16996
022 D000009 45524
022 A000010 BEAR STEARNS & CO.
022 B000010 13-3299429
022 C000010 33209
022 D000010 24737
023 C000000 2514734
023 D000000 2022789
026 A000000 Y
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
<PAGE> PAGE 4
026 F000000 Y
026 G010000 N
026 G020000 N
026 H000000 Y
027 000000 Y
028 A01AA00 55642
028 A02AA00 1
028 A03AA00 0
028 A04AA00 64862
028 B01AA00 30700
028 B02AA00 5019
028 B03AA00 0
028 B04AA00 48486
028 C01AA00 28179
028 C02AA00 0
028 C03AA00 0
028 C04AA00 47916
028 D01AA00 48041
028 D02AA00 7
028 D03AA00 0
028 D04AA00 44908
028 E01AA00 205799
028 E02AA00 0
028 E03AA00 0
028 E04AA00 130337
028 F01AA00 181739
028 F02AA00 0
028 F03AA00 0
028 F04AA00 207695
028 G01AA00 550100
028 G02AA00 5027
028 G03AA00 0
028 G04AA00 544204
028 H00AA00 0
029 00AA00 N
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
031 A00AA00 0
031 B00AA00 0
032 00AA00 0
033 00AA00 0
034 00AA00 N
035 00AA00 0
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 Y
041 00AA00 N
042 A00AA00 0
<PAGE> PAGE 5
042 B00AA00 0
042 C00AA00 0
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 0
044 00AA00 0
045 00AA00 Y
046 00AA00 N
047 00AA00 N
048 00AA00 0.000
048 A01AA00 0
048 A02AA00 0.000
048 B01AA00 0
048 B02AA00 0.000
048 C01AA00 0
048 C02AA00 0.000
048 D01AA00 0
048 D02AA00 0.000
048 E01AA00 0
048 E02AA00 0.000
048 F01AA00 0
048 F02AA00 0.000
048 G01AA00 0
048 G02AA00 0.000
048 H01AA00 0
048 H02AA00 0.000
048 I01AA00 0
048 I02AA00 0.000
048 J01AA00 0
048 J02AA00 0.000
048 K01AA00 0
048 K02AA00 0.000
049 00AA00 N
050 00AA00 N
051 00AA00 Y
052 00AA00 Y
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
<PAGE> PAGE 6
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 Y
055 A00AA00 N
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 2500
062 A00AA00 N
062 B00AA00 0.0
062 C00AA00 0.0
062 D00AA00 0.0
062 E00AA00 0.0
062 F00AA00 0.0
062 G00AA00 0.0
062 H00AA00 0.0
062 I00AA00 0.0
062 J00AA00 0.0
062 K00AA00 0.0
062 L00AA00 0.0
062 M00AA00 0.0
062 N00AA00 0.0
062 O00AA00 0.0
062 P00AA00 0.0
062 Q00AA00 0.0
062 R00AA00 0.0
063 A00AA00 0
063 B00AA00 0.0
066 A00AA00 Y
066 B00AA00 N
066 C00AA00 Y
066 D00AA00 N
066 E00AA00 N
066 F00AA00 N
066 G00AA00 N
067 00AA00 N
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
070 A01AA00 Y
070 A02AA00 Y
070 B01AA00 Y
070 B02AA00 N
070 C01AA00 Y
<PAGE> PAGE 7
070 C02AA00 N
070 D01AA00 Y
070 D02AA00 N
070 E01AA00 Y
070 E02AA00 N
070 F01AA00 Y
070 F02AA00 N
070 G01AA00 Y
070 G02AA00 N
070 H01AA00 Y
070 H02AA00 N
070 I01AA00 Y
070 I02AA00 N
070 J01AA00 Y
070 J02AA00 N
070 K01AA00 Y
070 K02AA00 Y
070 L01AA00 Y
070 L02AA00 Y
070 M01AA00 Y
070 M02AA00 Y
070 N01AA00 Y
070 N02AA00 N
070 O01AA00 Y
070 O02AA00 N
070 P01AA00 Y
070 P02AA00 Y
070 Q01AA00 N
070 Q02AA00 N
070 R01AA00 Y
070 R02AA00 N
071 A00AA00 2361536
071 B00AA00 2388052
071 C00AA00 1245100
071 D00AA00 190
072 A00AA00 6
072 B00AA00 2140
072 C00AA00 4638
072 D00AA00 0
072 E00AA00 0
072 F00AA00 2645
072 G00AA00 0
072 H00AA00 0
072 I00AA00 1109
072 J00AA00 45
072 K00AA00 0
072 L00AA00 0
072 M00AA00 3
072 N00AA00 65
072 O00AA00 0
072 P00AA00 3
<PAGE> PAGE 8
072 Q00AA00 272
072 R00AA00 29
072 S00AA00 5
072 T00AA00 0
072 U00AA00 0
072 V00AA00 0
072 W00AA00 3
072 X00AA00 4179
072 Y00AA00 399
072 Z00AA00 2998
072AA00AA00 143258
072BB00AA00 0
072CC01AA00 0
072CC02AA00 20882
072DD01AA00 0
072DD02AA00 0
072EE00AA00 5571
073 A01AA00 0.0000
073 A02AA00 0.0000
073 B00AA00 0.2400
073 C00AA00 0.0000
074 A00AA00 663
074 B00AA00 0
074 C00AA00 0
074 D00AA00 3778
074 E00AA00 9689
074 F00AA00 1433003
074 G00AA00 0
074 H00AA00 0
074 I00AA00 13010
074 J00AA00 30937
074 K00AA00 0
074 L00AA00 12387
074 M00AA00 0
074 N00AA00 1503467
074 O00AA00 34579
074 P00AA00 500
074 Q00AA00 0
074 R01AA00 0
074 R02AA00 0
074 R03AA00 0
074 R04AA00 6009
074 S00AA00 0
074 T00AA00 1462379
074 U01AA00 23667
074 U02AA00 0
074 V01AA00 61.79
074 V02AA00 0.00
074 W00AA00 0.0000
074 X00AA00 62600
074 Y00AA00 0
<PAGE> PAGE 9
075 A00AA00 0
075 B00AA00 1302189
076 00AA00 0.00
077 A000000 N
078 000000 N
080 C00AA00 0
081 B00AA00 0
082 B00AA00 0
083 B00AA00 0
084 B00AA00 0
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
015 A000101 THE CHASE MANHATTAN BANK
015 B000101 C
015 C010101 NEW YORK
015 C020101 NY
015 C030101 00000
015 E010101 X
024 000100 Y
025 A000101 TAXABLE CENTRAL CASH FUND
025 B000101 04-3331103
025 C000101 D
025 D000101 13010
025 D000102 0
025 D000103 0
025 D000104 0
025 D000105 0
025 D000106 0
025 D000107 0
025 D000108 0
SIGNATURE JOHN H. COSTELLO
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000035402
<NAME> Fidelity Trend Fund
<SERIES>
<NUMBER> 11
<NAME> Fidelity Trend Fund
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
6-mos
<FISCAL-YEAR-END>
dec-31-1997
<PERIOD-END>
jun-30-1997
<INVESTMENTS-AT-COST>
1,270,208
<INVESTMENTS-AT-VALUE>
1,459,480
<RECEIVABLES>
43,324
<ASSETS-OTHER>
663
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
1,503,467
<PAYABLE-FOR-SECURITIES>
34,579
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
6,509
<TOTAL-LIABILITIES>
41,088
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
1,128,344
<SHARES-COMMON-STOCK>
23,667
<SHARES-COMMON-PRIOR>
23,441
<ACCUMULATED-NII-CURRENT>
3,471
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
141,294
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
189,270
<NET-ASSETS>
1,462,379
<DIVIDEND-INCOME>
4,638
<INTEREST-INCOME>
2,140
<OTHER-INCOME>
0
<EXPENSES-NET>
3,780
<NET-INVESTMENT-INCOME>
2,998
<REALIZED-GAINS-CURRENT>
143,258
<APPREC-INCREASE-CURRENT>
(20,882)
<NET-CHANGE-FROM-OPS>
125,374
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
0
<DISTRIBUTIONS-OF-GAINS>
5,571
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
9,682
<NUMBER-OF-SHARES-REDEEMED>
9,543
<SHARES-REINVESTED>
87
<NET-CHANGE-IN-ASSETS>
130,726
<ACCUMULATED-NII-PRIOR>
3,910
<ACCUMULATED-GAINS-PRIOR>
31,499
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
2,645
<INTEREST-EXPENSE>
3
<GROSS-EXPENSE>
4,179
<AVERAGE-NET-ASSETS>
1,302,189
<PER-SHARE-NAV-BEGIN>
56.810
<PER-SHARE-NII>
.130
<PER-SHARE-GAIN-APPREC>
5.090
<PER-SHARE-DIVIDEND>
0
<PER-SHARE-DISTRIBUTIONS>
.240
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
61.790
<EXPENSE-RATIO>
65
<AVG-DEBT-OUTSTANDING>
0
<AVG-DEBT-PER-SHARE>
0
</TABLE>