3 Leading Technology Mutual Funds to Enhance Your Portfolio's Long-Term Growth

Top Technology Mutual Funds for Long-Term Portfolio Growth

Investors looking for substantial long-term growth and attractive returns may find technology mutual funds to be a strong choice. The sector continues to benefit from robust industry trends and the rise of innovative fields such as artificial intelligence, robotics, machine learning, and data science, all of which are fueling its expansion.

Many technology-focused mutual funds emphasize growth by targeting companies with solid financial health and promising outlooks. The definition of technology now extends beyond traditional hardware and software, encompassing social media platforms and internet-based businesses as well.

Three Leading Technology Mutual Funds

• Fidelity Advisor Semiconductors Fund (FELIX)
• Columbia Seligman Technology & Information Fund (SLMCX)
• Franklin Dynatech Fund (FKDNX)

All three funds have earned a Zacks Mutual Fund Rank #1 (Strong Buy), indicating strong potential to outperform similar funds.

Fidelity Advisor Semiconductors Fund (FELIX)

This fund primarily invests in U.S. and international companies involved in the design, production, or sale of semiconductors and related equipment. The fund’s managers rely on in-depth analysis of each company’s financial status, industry standing, and broader market conditions to guide investment choices.

Over the past three years, FELIX has achieved an annualized return of 50.8%. As of October 2025, the fund held 42 different investments, with 24.8% of its assets allocated to NVIDIA Corporation (NVDA).

Columbia Seligman Technology & Information Fund (SLMCX)

This fund focuses on companies within the information technology and communications services industries, with the flexibility to invest a smaller portion in international securities. SLMCX has delivered a three-year annualized return of 34.9% and maintains an expense ratio of 1.15%.

Franklin Dynatech Fund (FKDNX)

The Franklin Dynatech Fund invests in both U.S. and global companies that are recognized for their innovation, leadership in adopting new technologies, strong management, and ability to thrive in a rapidly evolving global marketplace. The fund’s managers may select investments from any sector or market capitalization.

FKDNX has posted a three-year annualized return of 26%. The fund has been managed by Rupert H. Johnson Jr. since January 1968.

To explore the Zacks Rank and historical performance of all technology mutual funds.

Stay Updated with Mutual Fund Insights

Subscribe to Zacks’ free Fund Newsletter for weekly updates on market news, expert analysis, and high-performing mutual funds.

Discover Zacks Top 10 Stocks for 2026

There’s still time to get early access to Zacks’ top 10 stock picks for 2026, curated by Director of Research Sheraz Mian. This exclusive portfolio has consistently delivered impressive results.

Since its inception in 2012 through November 2025, the Zacks Top 10 Stocks have soared by +2,530.8%, far surpassing the S&P 500’s gain of +570.3%.

Sheraz Mian has carefully selected the best 10 stocks from over 4,400 companies tracked by Zacks Rank for 2026. Be among the first to discover these high-potential opportunities.

Additional Resources

• View All Zacks #1 Ranked Mutual Funds
• Get the latest stock recommendations from Zacks Investment Research. Download the 7 Best Stocks for the Next 30 Days for free.
• Request a Free Analysis Report for SLMCX
• Request a Free Analysis Report for FKDNX
• Request a Free Analysis Report for FELIX

Original article published by Zacks Investment Research.

Zacks Investment Research