The funds in our "Magnificent Retirement Mutual Funds" list are among the best managed and best performing mutual funds available. If you are just finding out about our Top-Ranked Funds list, we welcome you!

Great performance, diversification, and low fees: it's a pretty simple formula for a great mutual fund. Some are better than others, but utilizing our Zacks Rank, we have identified three mutual funds that would make great additions to long-term investors' portfolios.

Let's learn about some of Zacks' highest ranked mutual funds with low fees you may want to consider.

If you are looking to diversify your portfolio, consider Harbor Capital Appreciation Admiral (HRCAX Quick QuoteHRCAX - Free Report) . HRCAX is a Large Cap Growth mutual fund, and these funds invest in many large U.S. firms that are projected to grow at a faster rate than their large-cap peers. This fund is a winner, boasting an expense ratio of 0.91%, management fee of 0.6%, and a five-year annualized return track record of 16.33%.

MSIFT Mid Cap Growth Portfolio IS (MMCGX Quick QuoteMMCGX - Free Report) : 0.65% expense ratio and 0.5% management fee. MMCGX is a Mid Cap Growth mutual fund. These funds aim to target companies with a market capitalization between $2 billion and $10 billion that are also expected to exhibit more extensive growth opportunities for investors than their peers. MMCGX, with annual returns of 22.7% over the last five years, is a well-diversified fund with a long track record of success.

Franklin Small-Mid Cap Growth Adviser (FSGAX Quick QuoteFSGAX - Free Report) : 0.62% expense ratio and 0.46% management fee. FSGAX is a Small Cap Growth mutual fund building their portfolio around stocks with market caps under $2 billion and large growth opportunities. The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 11.56% over the last five years.

There you have it. If your financial advisor had you put your money into any of our "Magnificent Retirement Mutual Funds," then they've got you covered. If not, you may need to talk.

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