Nutrition is one of the main factors influencing physiological processes, e.g., growth and antler development, in Cervidae. The aim of this study was to demonstrate a possible effect of supplementation with different levels of calcium (Ca) and phosphorus (P) on the mineral composition of antlers and bones, and its effect on the content of macroelements — Ca, potassium (K), magnesium (Mg), sodium (Na), and P — in the muscle tissue, liver, and blood of farmed fallow deer fawns. The results show a positive effect of increased doses of Ca and P on body weight at the age of 14 mo. Additionally, there was a significant increase in the content of Ca, Mg, Na, and P in antlers and Ca, Na, and P in bones. The muscle tissue was characterised by a significant increase only in the content of Na, whereas Ca, K, and P levels increased significantly in the liver. In turn, the serum P content decreased significantly. Adequate Ca and P supplementation exerts a positive effect on the mineral composition of bones and whole antlers of farmed fallow deer fawns, and it enhances the concentrations of macroelements in tissues, which may constitute a reservoir used for future development of antlers. It also has a positive effect on body weight.