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Should You Add These 3 Top-Performing Mutual Funds to Your Portfolio?

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There is never a wrong time to invest in mutual funds for retirement. So, if you're still looking for the best mutual funds, the Zacks Mutual Fund Rank can be a great guide.

How can you tell a good mutual fund from a bad one? It's pretty basic: if the fund is diversified, has low fees, and shows strong performance, it's a keeper. Of course, there's a wide range, but using the Zacks Mutual Fund Rank, we've found three mutual funds that would be great additions to any long-term retirement investors' portfolios.

Let's take a look at some of our top-ranked mutual funds with the lowest fees.

If you are looking to diversify your portfolio, consider BNY Mellon Natural Resources A (DNLAX - Free Report) . DNLAX is a Sector - Energy fund, which are comprised of various changing and hugely important industries throughout the massive global energy sector. This fund is a winner, boasting an expense ratio of 1.14%, management fee of 0.75%, and a five-year annualized return track record of 14.84%.

JPMorgan Disciplined Equity I (JDESX - Free Report) : 0.35% expense ratio and 0.25% management fee. JDESX is part of the Large Cap Blend section, and these mutual funds most often invest in firms with a market capitalization of $10 billion or more. By investing in bigger companies, these funds offer more stability, and are often well-suited for investors with a "buy and hold" mindset. JDESX, with annual returns of 12.16% over the last five years, is a well-diversified fund with a long track record of success.

MM Select Equity Asset I (MSEJX - Free Report) : 0.28% expense ratio and 0.18% management fee. MSEJX is a Global - Equity mutual fund. These funds invest in large markets like the U.S., Europe, and Japan, and operate with very few geographical limitations. With a five-year annual return of 12.18%, this fund is a well-diversified fund with a long track record of success.

These examples highlight the fact that there are some astonishingly good mutual funds out there. If your advisor has you in the good ones, bravo! If not, you may need to have a talk.

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