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Buy These 3 Top-Ranked Technology Mutual Funds for Fantastic Returns

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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 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 a relatively better investment prospect. 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 Select Technology Portfolio (FSPTX - Free Report) , DWS Science and Technology (KTCAX - Free Report) and Janus Henderson Global Technology And Innovation Fund (JNGTX - Free Report) . 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 Select Technology Portfolio 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, such as financial condition, industry position, as well as market and economic conditions to select investments.

Fidelity Select Technology Portfolio fund has three-year annualized returns of 39.1%. As of the end of May 2025, FSPTX held 78 issues, with 23.2% of its assets invested in NVIDIA Corporation.

DWS Science and Technology Fund invests most of its assets, along with borrowings, if any, in common stocks of domestic and foreign (including emerging market) companies in the technology sector, irrespective of their market capitalization. KTCAX advisors also invest in initial public offerings.

DWS Science and Technology Fund has three-year annualized returns of 38.4%.KTCAX has an expense ratio of 0.88%.

Janus Henderson Global Technology And Innovation Fund invests most of its assets, along with borrowings, if any, in securities of domestic and foreign companies that the portfolio managers believe will benefit from advances or improvements in technology. JNGTX advisors choose to invest in companies for their growth potential.

Janus Henderson Global Technology And Innovation Fund has three-year annualized returns of 38.2%. Denny Fish has been the fund manager of JNGTX since January 2016.

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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