SUPPLEMENT TO THE 
FIDELITY MAGELLAN FUND
PROSPECTUS
DATED MAY 20, 1995
   The following information 
replaces the similar information 
found in the "Waivers" section 
on page 30.    
 
6. To shares purchased through 
Portfolio Advisory Services or 
Fidelity Charitable Advisory 
Services.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   
SUPPLEMENT TO THE 
FIDELITY MAGELLAN FUND
PROSPECTUS
DATED MAY 20, 1995
   The following information 
replaces the similar information 
found in the "Waivers" section 
on page 30.    
 
6. To shares purchased through 
Portfolio Advisory Services or 
Fidelity Charitable Advisory 
Services.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   
   MAG-96-2  January 12, 1996
MAG-96-2  January 12, 1996    
 



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