3 Top-Ranked Technology Mutual Funds to Buy for Incredible Returns

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 the 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.,T. Rowe Price Communications & Technology Fund PRMTX, Victory Science & Technology Fund USSCX and Fidelity Software And It Services Portfolio FSCSX. 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.T. Rowe Price Communications & Technology Fund invests most of its assets, along with borrowings, if any, in securities of domestic and foreign communications and technology companies. PRMTX advisors may choose to invest in companies based on either growth or value, or sometimes both.T. Rowe Price Communications & Technology Fund has three-year annualized returns of 23%. As of the end of June 2025, PRMTX held 65 issues, with 11.1% of its assets invested in Netflix.Victory Science & Technology Fund invests the majority of its net assets in equity securities of domestic companies that are expected to benefit from the development and use of scientific and technological advances and improvements. USSCX advisors also invest in foreign issues, including those from emerging markets.Victory Science & Technology Fund has three-year annualized returns of 20.4%. USSCX has an expense ratio of 0.96%.Fidelity Software And It Services Portfolio fund invests most of its net assets in securities of domestic and foreign companies that are principally engaged in research, design, production, or distribution of products or processes that relate to software or information-based services. FSCSX 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 Software And It Services Portfolio has three-year annualized returns of 18%. Ali Khan has been the fund manager of FSCSX since July 2014.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.Want key mutual fund info delivered straight to your inbox?Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>View All Zacks #1 Ranked Mutual FundsWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Get Your Free (PRMTX): Fund Analysis Report Get Your Free (FSCSX): Fund Analysis Report Get Your Free (USSCX): Fund Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks