<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000061397
<NAME> Fidelity Magellan Fund
<SERIES>
<NUMBER> 11
<NAME> Fidelity Magellan Fund
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
6-mos
<FISCAL-YEAR-END>
mar-31-2001
<PERIOD-END>
sep-30-2000
<INVESTMENTS-AT-COST>
60,334,774
<INVESTMENTS-AT-VALUE>
104,053,143
<RECEIVABLES>
320,493
<ASSETS-OTHER>
0
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
104,373,636
<PAYABLE-FOR-SECURITIES>
304,226
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
458,831
<TOTAL-LIABILITIES>
763,057
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
58,460,924
<SHARES-COMMON-STOCK>
774,103
<SHARES-COMMON-PRIOR>
761,533
<ACCUMULATED-NII-CURRENT>
44,925
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
1,386,680
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
43,718,050
<NET-ASSETS>
103,610,579
<DIVIDEND-INCOME>
432,449
<INTEREST-INCOME>
67,587
<OTHER-INCOME>
2,810
<EXPENSES-NET>
463,920
<NET-INVESTMENT-INCOME>
38,926
<REALIZED-GAINS-CURRENT>
1,628,775
<APPREC-INCREASE-CURRENT>
(6,575,639)
<NET-CHANGE-FROM-OPS>
(4,907,938)
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
53,387
<DISTRIBUTIONS-OF-GAINS>
2,158,863
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
57,658
<NUMBER-OF-SHARES-REDEEMED>
61,515
<SHARES-REINVESTED>
16,427
<NET-CHANGE-IN-ASSETS>
(5,484,369)
<ACCUMULATED-NII-PRIOR>
70,989
<ACCUMULATED-GAINS-PRIOR>
2,306,111
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
377,341
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
470,041
<AVERAGE-NET-ASSETS>
105,144,333
<PER-SHARE-NAV-BEGIN>
143.260
<PER-SHARE-NII>
.050
<PER-SHARE-GAIN-APPREC>
(6.560)
<PER-SHARE-DIVIDEND>
.070
<PER-SHARE-DISTRIBUTIONS>
2.830
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
133.850
<EXPENSE-RATIO>
89
</TABLE>
