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SECURITIES AND EXCHANGE COMMISSION

Washington, DC  20549

"Rule 24f-2 Notice"

Fidelity Investment Trust


(Name of Registrant)

File No. 2-90649


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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549


FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2


Read instructions at end of Form Before preparing Form.
Please print or type.

1.  
Name and address of issuer:  Fidelity Investment Trust


82 Devonshire Street, Boston, MA, 02109


2.  
Name of each series or class of funds for which this notice is filed:

Short Term World Bond Fund


3.  
Investment Company Act File Number:   811-4008


        Securities Act File Number:   2-90649


4.  
Last day of fiscal year for which this notice is filed: October 31, 1996


5.  
Check box if this notice is being filed more than 180 days after 
the close of the issuer's fiscal year for purposes of reporting securities 
sold after the close of the fiscal year but before termination of 
the issuer's 24f-2 declaration:

[ ]

6.  
Date of termination of issuer's declaration under rule 24f-2(a)(1), 
if applicable (see Instruction A.6):

7.  
Number and amount of securities of the same class or series which 
had been registered under the Securites Act of 1933 other than pursuant 
to rule 24f-2 in a prior fiscal year, but which remained unsold at 
the beginning of the fiscal year:

Number of Shares: 41,075,432


Aggregate Price:        390,107,550


8.  
Number and amount of securities registered during the fiscal year 
other than pursuant to rule 24f-2:

Number of Shares: 16,122,629


Aggregate Price:        143,652,621


9.  
Number and aggregate sale price of securities sold during the fiscal 
year:

Number of Shares: 1,257,057


Aggregate Price:        11,253,282



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10.   
Number and aggregate sale price of securities sold during the fiscal 
year in reliance upon registration pursuant to rule 24f-2:

Number of Shares: 1,257,057


Aggregate Price:        11,253,282


11.   
Number and aggregate sale price of securities issued during the fiscal 
year in connection with dividend reinvestment plans, if applicable 
(see Instruction B.7):

12.   
Calculation of registration fee:

(i)   
Aggregate sale price of securities sold during the fiscal 

year in reliance on rule 24f-2 (from Item 10):      11,253,282
    

(ii)    
Aggregate price of shares issued in connection with 

dividend reinvestment plans (from Item 11, if applicable):  0
            

(iii)     
Aggregate price of shares redeemed or repurchased during 

the fiscal year (if applicable):        (11,253,282)
        

(iv)    
Aggregate price of shares redeemed or repurchased and previously 
applied as a reduction to filing fees pursuant to 

rule 24e-2 (if applicable):   0
          

(v)   
Net aggregate price of securities sold and issued during the fiscal 
year in reliance on rule 24f-2 [line (i), plus 

line (ii), less line (iii), plus line (iv)] (if applicable):    0
        

(vi)    
Multiplier prescribed by Section 6(b) of the Securities Act of 1933 
or other applicable law or regulation (see 

Instruction C.6): 1/3300
      

(vii)
Fee due [line (i) or line (v) muliplied by line (vi)]:      0
    

Instruction:   Issuers should complete lines (ii), (iii), (iv), and 
(v) only if the form is being filed within 60 

days after the close of the issuer's fiscal year. See Instruction 
C.3.

13.   
Check box if fees are being remitted to the Commission's lockbox 
depository as described in section 3a of the Commission's Rules of 
Informal and Other Procedures (17 CFR 202.3a).

[n]

Date of mailing or wire transfer of filing fees to the Commission's 
lockbox depository:



SIGNATURES

This report has been signed below by the following persons on behalf 
of the issuer and in the capacities and on the dates indicated.

By (Signature and Title)*     John H. Costello
          

        Assistant Treasurer
        

Date        December 20, 1996



* Please print the name and title of the signing officer below the 
signature.


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