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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.

The easiest, most reliable way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. The Zacks Mutual Fund Rank, which covers over 19,000 mutual funds, has helped us identify three outstanding options that are perfect for any long-term investors' portfolios that is retirement-focused.

Let's break down some of the mutual funds with the top Zacks Mutual Fund Rank and the lowest fees.

American Funds Investor Company of America 529F

(CICFX - Free Report) has a 0.44% expense ratio and 0.23% management fee. CICFX is part of the Large Cap Blend section, and these mutual funds most often invest in firms with a market capitalization of $10 billion or more. By investing in bigger companies, these funds offer more stability, and are often well-suited for investors with a "buy and hold" mindset. With yearly returns of 17.02% over the last five years, this fund clearly wins.

MassMutual Premier Disciplined Growth R5

(MPGSX - Free Report) . Expense ratio: 0.69%. Management fee: 0.45%. MPGSX is a Large Cap Growth option; these mutual funds purchase stakes in numerous large U.S. companies that are expected to develop and grow at a faster rate than other large-cap stocks. This fund has managed to produce a robust 17.83% over the last five years.

Third Avenue Value Fund Investor

(TVFVX - Free Report) : 1.42% expense ratio and 0.9% management fee. TVFVX is a Small Cap Value mutual fund option, which typically invest in companies with market caps under $2 billion. With a five-year annual return of 16.77%, this fund is a well-diversified fund with a long track record of success.

These examples highlight the fact that there are some astonishingly good mutual funds out there. If your advisor has you in the good ones, bravo! If not, you may need to have a talk.

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