Summary: The best Fidelity mutual funds offer investors a low-cost way to diversify their portfolios. They also allow for active management with a solid track record or a more hands-off approach with index funds. Look for funds with low expense ratios and at least $60 billion in assets under management, such as the Fidelity 500 Index Fund, the Fidelity Contrafund and the Fidelity U.S. Bond Index Fund.
When most investors consider the best Fidelity mutual funds, they think of low-cost options that offer tactical approaches designed to beat the market. While lots of fund providers have lowered fees in the past decade or so, Fidelity was the first — and remains one of the few — to offer zero-expense-ratio index mutual funds. The asset manager currently has four mutual funds that have 0% expense ratios available to investors with a Fidelity account.
