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5 Top-Performing Mutual Funds for 10 Years

In this article, we discuss 5 top-performing mutual funds for 10 years. If you want to see more of top-performing mutual funds, check out Top-Performing Mutual Funds for 10 years.

5. Fidelity Growth Company Fund (NASDAQ:FDGRX)

Ten-Year Gain: 17.60%
MorningStar Rating: 5 Star

Fidelity Growth Company Fund (NASDAQ:FDGRX)’s edge as one of the best-performing mutual funds stems from its investment strategy focusing on large-cap companies with tremendous growth potential. The investment strategy focuses on capital appreciation by investing in above-average growth potential stocks.

The hedge fund has benefited from its investments in NVIDIA Corporation (NASDAQ:NVDA), Apple Inc. (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), and Amazon.com, Inc. (NASDAQ:AMZN), which have been in fine form over the past year. Consequently, it has gained 38.12% year to date and averages about 17.60% gain over the past ten years. The stellar performance underscores why Fidelity Growth Company Fund (NASDAQ:FDGRX) is rated as a five-star mutual fund on MorningStar.

4. Shelton Capital Management Nasdaq-100 Index Fund (NASDAQ:NASDX)

Ten-Year Gain: 18.17%
MorningStar Rating: 5 Star

Shelton Capital Management Nasdaq-100 Index Fund (NASDAQ:NASDX) lives up to its status as a five-star mutual fund thanks to a strong investment culture. It mostly invests in stocks that have the potential to beat their respective category and allow it to track the performance of the Nasdaq 100 before fees and expenses.

Shelton Capital Management Nasdaq-100 Index Fund (NASDAQ:NASDX) invests nearly 80% of its assets in stocks within the Nasdaq 100, therefore, offering exposure to some of the big tech companies in the US. Microsoft Corporation (NASDAQ:MSFT), Apple Inc. (NASDAQ:AAPL), Amazon.com, Inc. (NASDAQ:AMZN), NVIDIA Corporation (NASDAQ:NVDA), and Tesla, Inc. (NASDAQ:TSLA) investments have allowed the fund to deliver solid returns over the years.

The fund has already gained 42.66% year to date and boasts an 18.17% average return over the past ten years.

3. VALIC Company I Nasdaq-100 Index Fund (NASDAQ:VCNIX)

Ten-Year Gain: 18.24%
MorningStar Rating: 5 Star

VALIC Company I Nasdaq-100 Index Fund (NASDAQ:VCNIX) is another five-star mutual fund, according to MorningStar ratings, that strives to generate long-term capital growth. It invests most of its holdings in large-cap companies focusing on those listed on the Nasdaq 100 index.

Given that it invests nearly 80% of its assets in stocks in the Nasdaq 100, its performance tends to align with that of the benchmark index. Microsoft Corporation (NASDAQ:MSFT) stock remains its biggest holding in the index, followed by Apple Inc. (NASDAQ:AAPL) and Amazon.com, Inc. (NASDAQ:AMZN). It also boasts of holdings in NVIDIA Corporation (NASDAQ:NVDA) and Meta platforms. The five stocks account for 42% of the mutual fund portfolio.

With nearly half of its holding in some of the biggest tech companies explains, the fund’s strong performance depicted by 42.50% year-to-date gain. Additionally, the fund has an average 18.24% return over the past ten years.

2. Victory NASDAQ-100 Index (NASDAQ:USNQX)

Ten-Year Gain: 18.31%
MorningStar Rating: 5 Star

Victory NASDAQ-100 Index (NASDAQ:USNQX) is a five-star mutual fund that seeks to track and march before fees and expenses the performance of stocks in the Nasdaq 100 index. Consequently, it invests nearly 80% of its assets in stocks in the Nasdaq 100 to track its performance.

Microsoft Corporation (NASDAQ:MSFT) accounts for the biggest weight of the fund’s weight at 12.73%, followed by Apple Inc. (NASDAQ:AAPL) at 12.39% and NVIDIA Corporation (NASDAQ:NVDA) at 6.84%. It also boasts significant stakes in Amazon.com, Inc. (NASDAQ:AMZN) and Tesla.

The mutual fund has gained nearly 42% year to date and boasts a ten-year average return of 18.31%.

1. Baron Partners Fund (NASDAQ:BPTRX)

Ten-Year Gain: 20.69%
MorningStar Rating: 4 Star

Baron Partners Fund (NASDAQ:BPTRX) has been one of the best-performing mutual funds over the past decade, owing to its focus on large-cap stocks. While the fund seeks capital appreciation through its strategy, it invests mainly in large-cap companies with a sustainable competitive advantage and attractive valuation.

Tesla, Inc. (NASDAQ:TSLA) remains the mutual funds biggest holding, accounting for about 46% of the portfolio weight, having gained more than 130% year to date. Its other big holdings include CoStar Group, Inc. (NASDAQ:CSGP), up 16%, and Arch Capital Group Ltd. (NASDAQ:ACGL), up 30% year to date.

Baron Partners Fund (NASDAQ:BPTRX) has gained nearly 46% year to date and averaged a 20% gain over the past ten years. It boasts of a four-star rating on Morningstar owing to its solid performance over the years and low risk and costs compared to other funds.

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily newsletter to get  the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also check out our articles on Nouriel Roubini on Bitcoin and Other Predictions and 10 Best Growth Mutual Funds and Their Latest Top Picks.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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Buy This $3 Stock Now Before the 400% Surge Begins

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

My name is Inan Dogan. I’m the co-founder and Research Director of Insider Monkey. I have an important message for you today.

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We looked under the cover and realized they were wrong.

We alerted our subscribers, and BTI returned 90% in just 16 months.

Now if you had invested just $10,000 in BTI in June 2024, you’d be sitting on $19,000 in October 2025.

Today, we have identified a nearly identical pattern in a digital-first giant trading at $3.

While the market panics over a surface-level revenue decline, our PhD-led research shows management has actually surgically cut $100 million in waste to focus on high-margin growth.

This pattern is a hallmark of our 16.5% annual return track record. The current opportunity offers a 400% upside potential—dwarfing even our 90% BTI return.

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