Technology mutual funds are ideal for investors seeking long-term growth and impressive returns. Improving industry fundamentals and emerging technologies, such as artificial intelligence, machine learning, robotics and data science, are the key catalysts for the sector’s growth.
In addition, most funds investing in securities from the technology sector take a growth-oriented approach that focuses on companies with strong fundamentals and better investment prospects. Technology has come to have a broader meaning than just hardware and software. Social media and Internet companies are now part of the technology landscape.
Below, we share with you three technology mutual funds, viz., Fidelity Advisor Semiconductors Fund FELIX, Columbia Seligman Global Technology Fund SHGTX and Janus Fidelity Select Technology FSPTX. Each has a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of technology funds.
Fidelity Advisor Semiconductors Fund invests most of its net assets in securities of domestic and foreign companies that are principally engaged in the design, manufacture, or sale of semiconductors and semiconductor equipment. FELIX advisors use fundamental analysis factors such as each issuer's financial condition, industry position, as well as market and economic conditions to make an investment decision.
Fidelity Advisor Semiconductors Fund has three-year annualized returns of 47%. As of the end of April 2026, FELIX held 48 issues, with 21.8% of its assets invested in NVIDIA Corporation.
Columbia Seligman Global Technology Fund invests most of its assets, along with borrowings, if any, in equity securities of domestic and foreign companieswith business operations in technology and technology-related industries. SHGTX advisors prefer to invest in companies that maintain their principal place of business or conduct their principal business activities outside the U.S. or have their securities traded in foreign exchanges.
Columbia Seligman Global Technology Fund has three-year annualized returns of 38%. SHGTX has an expense ratio of 1.25%.
Janus Fidelity Select Technology fund invests primarily in common stocks of domestic and foreign companies that offer, use, or develop products, processes or services that will benefit significantly from technology advancements. FSPTX uses fundamental analysis techniques like financial condition, industry position, as well as market and economic conditions to select investments.
JanusFidelity Select Technology Portfolio fund has three-year annualized returns of 31.3%. Priyanshu Bakshi has been the fund manager of FSPTX since July 2026.
To view the Zacks Rank and the past performance of all Technology Mutual Funds, investors can click here to see the complete list of Technology funds.
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