Here’s a look at the Best Fidelity mutual fund to Invest in 2024. Top-Performing Fidelity Equity or Mutual funds of the past decade.
Fidelity Fund | Expense Ratio | 10-Year Return per year |
---|---|---|
1. Fidelity Select Semiconductors Portfolio | 0.65% | 26.6% |
2. Fidelity Select Technology Portfolio | 0.64% | 20.3% |
3. Fidelity Blue Chip Growth Fund | 0.47% | 17.4% |
4. Fidelity OTC Portfolio | 0.73% | 17.1% |
5. Fidelity Select Software and IT Services Portfolio | 0.64% | 16.8% |
6. Fidelity Growth Discovery Fund | 0.66% | 16.0% |
7. Fidelity Trend Fund | 0.49% | 15.7% |
8. Fidelity Nasdaq Composite Index Fun | 0.29% | 15.7% |
With that focusing in mind, here’s a quick look at the Top 8 Fidelity mutual funds out of a Approx total 315 options, ranked in ascending order by their performance of 10-year annualized returns.
Table of Contents
Table of Contents
Fidelity Select Semiconductors Portfolio
The Fidelity Select Semiconductors Portfolio (FSELX) is an area centered shared store that expects to give capital appreciation by putting essentially in organizations participated in the plan, production, and circulation of semiconductors and related gear. Overseen by Loyalty Ventures, this asset is known for its designated openness to one of the most unique and quickly developing enterprises, which assumes a basic part in fueling present day innovation, from cell phones to server farms and simulated intelligence applications.
Category | Details |
---|---|
Fund Name | Fidelity Select Semiconductors Portfolio (FSELX) |
Fund Type | Sector Equity Fund |
Investment Objective | Long-term capital appreciation by investing primarily in semiconductor and related companies |
Net Assets | [$19,828.75] |
Expense Ratio | [0.65]% |
Benchmark Index | Philadelphia Semiconductor Index (SOX) |
12 Month Low-High | $20.78 – $37.85 |
10 year return | 26.6% |
Sector Allocation | 100% Semiconductors |
Risk Level | High (subject to market volatility and sector-specific risks) |
Minimum Investment | $0 (no minimum with Fidelity platform) |
Key Advantages | – Exposure to a growing tech sector |
– Managed by experienced professionals | |
Key Risks | – High volatility due to sector concentration |
– Impacted by global semiconductor demand-supply dynamics |
Fidelity Select Technology Portfolio
The Fidelity Select Technology Portfolio is a special kind of mutual fund. A mutual fund collects money from many peoples and invests it in different companies for their and users profit. This portfolio focuses on companies in the technology field, like those who make computers, software, or devices we use every day.
By investing in this fund, people can own a small part of these technology companies. It’s a way to grow money if these companies do well. However, since the tech industry can change quickly, there is some risk involved. This portfolio is best for people who are interested in the world of technology and are okay with taking some risks to earn more money in the future.
Category | Details |
---|---|
Fund Name | Fidelity Select Technology Portfolio |
Ticker Symbol | FSPTX |
Fund Type | Sector Equity Mutual Fund |
Focus Area | Technology Sector |
Expense Ratio | 0.64% |
Minimum Investment | 0 $ |
Net Assets | $15,963.56 |
Investment Objective | Seeks capital appreciation through investments in companies within the technology sector. |
Fidelity Blue Chip Growth Fund
The Fidelity Blue Chip Growth Fund is a sort of venture where individuals put their cash to develop it over the long haul. This asset primarily puts resources into huge, fruitful organizations that are notable and have been doing great in the securities exchange. These organizations are classified “blue chip” organizations, and they include brands you could have known about, like – Apple, Amazon, or Microsoft.
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The objective of this asset is to assist financial backers with bringing in cash by purchasing portions of areas of strength for these, particularly ones that are developing quick. A decent decision for individuals need to see their cash develop throughout quite a while however can deal with some highs and lows on the lookout.
In basic terms, when you put resources into this asset, you’re confiding in specialists to pick the absolute best organizations for you, making it simpler to develop your reserve funds. Notwithstanding, very much like with all speculations, there are dangers, and it’s essential to show restraint while your cash works for you.
Category | Details |
---|---|
Ticker Symbol | FBGRX |
Inception Date | June 30, 1987 |
Fund Type | Mutual Fund (Large Growth) |
Expense Ratio | 0.47% |
Net Assets | $50 billion (approx.) |
Fidelity OTC Portfolio
The Fidelity OTC Portfolio is a type of mutual fund. A mutual fund resembles a major cash pool where many individuals invest their cash, and a professional manager utilizes that cash to purchase shares of various companies. The “OTC” in its name stands for “Over-the-Counter.” This means the fund mainly invests in companies whose stocks are traded beyond major stock exchanges like the NYSE.
The fund centers around purchasing shares of large innovation companies, like Apple, Microsoft, or Alphabet (Google’s parent company). It attempts to make cash for investors by picking companies that are supposed to develop over the long run. The goal is to give individuals a way to invest in tech and other fast-developing enterprises without having to pick individual stocks themselves.
This mutual fund is best for investment in long term for who are okay with taking some risk because stock price can increase and decrease . After some time giving great returns has been known. Keep in mind, investing in mutual funds with appropriate or good guidance.
Category | Answers |
---|---|
Ticker Symbol | FOCPX |
Fund Type | Actively Managed Mutual Fund |
Top Sectors | Technology, Consumer Discretionary, Healthcare |
Expense Ratio | 0.73% |
Benchmark Index | Nasdaq Composite Index |
These are the information given above is of Best Fidelity Mutual Fund to Invest in 2024, 2025, 2030, Thanks for reading this article. we hope your life filled with joy and happiness.
FAQ
Best Fidelity Mutual Fund to Invest in 2024, 2025, 2030?
Fidelity Select Semiconductors Portfolio
2. Fidelity Select Technology Portfolio
3. Fidelity Blue Chip Growth Fund
4. Fidelity OTC Portfolio
And for more information read full article more information