FIDELITY (LOGO) INVESTMENTS(registered trademark) FMR Corp.
82 Devonshire Street
Boston MA 02109-3614
617 563 7000
May 23, 1997
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, DC 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/Arthur S. Loring
Arthur S. Loring
Secretary
