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Should You Add These 3 Top-Performing Mutual Funds to Your Portfolio?

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There is never a wrong time to invest in mutual funds for retirement. So, if you're still looking for the best mutual funds, the Zacks Mutual Fund Rank can be a great guide.

How can you tell a good mutual fund from a bad one? It's pretty basic: if the fund is diversified, has low fees, and shows strong performance, it's a keeper. Of course, there's a wide range, but using the Zacks Mutual Fund Rank, we've found three mutual funds that would be great additions to any long-term retirement investors' portfolios.

Let's take a look at some of our top-ranked mutual funds with the lowest fees.

Fidelity Select Tech Hardware (FDCPX - Free Report) : 0.73% expense ratio and 0.53% management fee. FDCPX is a Sector - Tech mutual fund, allowing investors to own a stake in a notoriously volatile sector with a much more diversified approach. With annual returns of 13.95% over the last five years, this fund is a winner.

JPMorgan Disciplined Equity A (JDEAX - Free Report) : 0.6% expense ratio and 0.25% management fee. JDEAX is a Large Cap Blend fund, targeting companies with market caps of over $10 billion. These funds offer investors a stability, and are perfect for people with a "buy and hold" mindset. With yearly returns of 12.73% over the last five years, JDEAX is an effectively diversified fund with a long reputation of solidly positive performance.

AQR Large Cap Momentum Style R6 (QMORX - Free Report) is an attractive large-cap allocation. QMORX is a part of the Large Cap Growth mutual fund category, which invest in many large U.S. companies that are expected to grow much faster compared to other large-cap stocks. QMORX has an expense ratio of 0.3%, management fee of 0.25%, and annual returns of 10.63% over the past five years.

We hope that your investment advisor (if you use one) has you invested in one or all of the top-ranked mutual funds we've reviewed. But if that isn't the case, it might be time to have a conversation or reconsider this vitally important relationship.

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