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3 Top Technology Mutual Funds to Boost Long-Term Portfolio Growth

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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 Advisor Semiconductors Fund (FELIX - Free Report) , Columbia Seligman Technology & Information Fund ((SLMCX - Free Report) and Franklin Dynatech Fund (FKDNX - 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 Advisor Semiconductors Fund invests most of its net assets in securities of domestic and foreign companies that are principally engaged in the design, manufacture, or sale of semiconductors and semiconductor equipment. FELIX advisors use fundamental analysis factors such as each issuer's financial condition, industry position, as well as market and economic conditions to make an investment decision.

Fidelity Advisor Semiconductors Fund has three-year annualized returns of 50.8%. As of the end of October 2025, FELIX held 42 issues, with 24.8% of its assets invested in NVIDIA Corporation.

Columbia Seligman Technology & Information Fund invests most of its net assets in securities of companies operating in the information technology and communications services sectors. SLMCX advisors can invest a small portion of the fund’s net assets in foreign issues as well.

Columbia Seligman Technology & Information Fund has three-year annualized returns of 34.9%. SLMCX has an expense ratio of 1.15%.

Franklin Dynatech Fund invests most of its assets in equity securities of domestic and foreign companies that the portfolio managers believe are leaders in innovation, take advantage of new technologies, have superior management, and benefit from new industry conditions in the dynamically changing global economy. FKDNX advisors may also invest in issues of any economic sector or of any market capitalization.

Franklin Dynatech Fund has three-year annualized returns of 26%. Rupert H. Johnson Jr. has been the fund manager of FKDNX since January 1968.

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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