FIDELITY MAGELLAN FUND INC
497J, 1996-05-20
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FIDELITY (LOGO) INVESTMENTS(registered trademark)   FMR Corp.               
                                                    82 Devonshire Street    
                                                    Boston MA  02109-3614   
                                                    617 563 7000            
 
                        May 20, 1996   
                                       
                                       
                                       
                                       
 
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C.  20549
Attention:   File Room                             
 
                                                   
 
Re:          Fidelity Magellan Fund (the trust):   
 
             Fidelity Magellan Fund (the fund)     
 
             File No. 2-21461 and 811-1193         
 
__________________________________________________________________________
Ladies and Gentlemen:
 Transmitted herewith pursuant to Rule 497(j) under the Securities Act of
1933 is certification that the Prospectus and Statement of Additional
Information with respect to the above referenced fund does not differ from
that filed in the most recent post-effective amendment, which was filed
electronically.
                        Very truly yours,        
 
                                                 
 
                                                 
 
                                                 
 
                        /s/John H. Costello      
                           John H. Costello      
                           Assistant Treasurer   
 
                                                 
 



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