What is a technology mutual fund?

A mutual fund is a collection of stocks handpicked by industry experts and sold as a type of prepackaged bundle. We’ve rounded up some of the best technology mutual funds currently available on the market—along with some tips to help you find the next great tech sector mutual fund. Here are Beniznga's picks for the best technology mutual funds.

Why should you invest in technology mutual funds?

Technology mutual funds are ideal for investors seeking long-term growth and impressive returns. Improving industry fundamentals and emerging technologies such as AI, ML, robotics, and data science are the key catalysts to the sector’s growth.

How many technology mutual funds are there?

Returns since inception as of May 31, 2024. Using a Morningstar screen, we created a list of the 42 technology mutual funds. Next, we selected only funds with Morningstar neutral to gold ratings and three to five star fund ratings. There were a multitude of share classes with many levying 12b-1 fees and front end loads or commissions.