Fidelity Select Semiconductors Portfolio Returns Calculator
Calculate historical returns and project future compounding for Fidelity Semiconductors (FSELX). Test different monthly amounts, tenures, and step-up scenarios using real historical NAV performance.
Category
Technology / Semiconductors
AUM
$44.85 Billion
Expense Ratio
0.60%
Fund Manager
Adam Benjamin (Fidelity Investments)
Fidelity Semiconductors (FSELX) Historical SIP Performance & Returns Table
Historical value of standard monthly SIP investments based on actual fund CAGRs.
| Monthly SIP | 3 Years @ 56.4% CAGR | 5 Years @ 38.0% CAGR | 10 Years @ 32.9% CAGR |
|---|---|---|---|
| $100/mo | $9,419 Invested: $3,600 | $17,903 Invested: $6,000 | $92,751 Invested: $12,000 |
| $250/mo | $23,547 Invested: $9,000 | $44,758 Invested: $15,000 | $231,878 Invested: $30,000 |
| $500/mo | $47,093 Invested: $18,000 | $89,515 Invested: $30,000 | $463,757 Invested: $60,000 |
| $1,000/mo | $94,187 Invested: $36,000 | $179,030 Invested: $60,000 | $927,514 Invested: $120,000 |
| $2,500/mo | $235,467 Invested: $90,000 | $447,576 Invested: $150,000 | $2,318,784 Invested: $300,000 |
* Projections calculated using actual historical 3-year (56.44%), 5-year (38.02%), and 10-year (32.94%) performance data. Actual mutual fund returns fluctuate with market NAV.
Expert Editorial Analysis & Investment Review
Independent, data-driven assessment of Fidelity Select Semiconductors Portfolio covering strategy, benchmark tracking, risk metrics, and suitability for long-term DCA / compounding portfolios.
Fund Overview
Fidelity Select Semiconductors Portfolio (FSELX) is legendary among technology investors. Founded in July 1985, FSELX is the single longest-running and highest-returning sector mutual fund in financial history, managing over $18.5 Billion in assets.
Piloted by veteran technology investor Adam Benjamin, FSELX invests exclusively in the semiconductor design titans and lithography equipment manufacturers that build the physical silicon brains of modern civilization. Whether it is AI model training (NVIDIA), custom enterprise silicon (Broadcom), advanced fabrication (TSMC), or nanometer lithography tools (Applied Materials, Lam Research, KLA), FSELX owns the indispensable โpicks and shovelsโ of the entire global technology economy.
Who Should Invest
- The High-Conviction Tech Accumulator: Investors who recognize that artificial intelligence, cloud data centers, autonomous robotics, and smartphones cannot exist without advanced silicon.
- Maximum Long-Term Growth Seekers: Savers with a 10+ year horizon seeking astronomical compounding potential.
- Dollar-Cost Averagers Harnessing Volatility: Investors who use recurring monthly contributions to exploit brutal semiconductor downcycles.
Key Strengths
- Historic Long-Term Compounding: Delivered a breathtaking 10-year annualized return of approximately 26.50%, turning $10,000 into over $105,000 in a single decade.
- Pure-Play Silicon Monopoly Exposure: Concentrates assets into companies with insurmountable technological and manufacturing moats.
- Adam Benjaminโs Sector Acumen: Deep fundamental understanding of foundry utilization, wafer pricing, and multi-year node transitions.
- $0 Minimum Initial Investment: Available directly on Fidelity with zero commission.
Harnessing Semiconductor Cycles with Systematic DCA
Semiconductors are inherently cyclical, alternating between explosive shortages and brutal inventory gluts. Attempting to time chip peaks and troughs is notoriously difficult. However, setting up an automated monthly dollar-cost averaging plan into FSELX ensures you buy heavily when sentiment is at its worst and compound massively during hardware supercycles. Simulate your returns using our interactive calculator above.
About Fidelity Select Semiconductors Portfolio
Fidelity Select Semiconductors Portfolio (FSELX) is the oldest and most successful actively managed semiconductor mutual fund on earth, managing over $18.5 Billion in assets. Piloted by Adam Benjamin, FSELX provides focused exposure to the semiconductor and chip-equipment giants powering artificial intelligence, data centers, autonomous vehicles, and global computing.
Investment Strategy
Active Sector Specialization โ Invests at least 80% of assets in companies engaged in the design, manufacture, and sale of semiconductors and semiconductor equipment. Manager Adam Benjamin conducts fundamental bottom-up research to identify leaders in GPU architecture, high-bandwidth memory (HBM), and advanced lithography.
Key Facts
- World's oldest and most renowned semiconductor mutual fund (established July 1985)
- Over $18.5 Billion in assets under management
- Astounding 10-year annualized return of ~26.50%, making it one of the top-performing funds in financial history
- Managed by industry veteran Adam Benjamin
Historical Returns
3-Year CAGR
56.44%
5-Year CAGR
38.02%
10-Year CAGR
32.94%
Benchmark
S&P Semiconductor Select Industry Index
Historical annualized returns as of August 2026. Sector funds carry high volatility and concentration risk.
Top Holdings & Sector Allocation
As of September 2026, Fidelity Semiconductors (FSELX)'s portfolio includes:
Top 5 Holdings
- NVIDIA Corp. (NVDA)
- Broadcom Inc. (AVGO)
- Taiwan Semiconductor (TSM)
- Qualcomm Inc. (QCOM)
- Applied Materials Inc. (AMAT)
- Lam Research Corp. (LRCX)
- KLA Corp. (KLAC)
Sector Allocation
Semiconductors 76.5%, Semiconductor Equipment 21.8%, Electronic Components 1.7%
Risk & Drawdowns
Standard deviation is ~26.5% reflecting intense semiconductor sector cyclicality and high beta.
Experienced -42% drawdown in 2022 before generating staggering multi-year alpha during the AI hardware supercycle.
Tax Treatment
Annual capital gain distributions may occur in taxable accounts; highly optimal in Roth IRAs and tax-sheltered accounts.
Who Should NOT Invest in Fidelity Semiconductors (FSELX)?
Conservative investors, retirees needing capital preservation, or those sensitive to 30-40% sector corrections.
About the Fund Manager
Managed by Adam Benjamin, Head of Technology and Semiconductor Research at Fidelity.
Who Is This Fund Suitable For?
Ideal for aggressive, high-risk-tolerant investors seeking pure-play, focused exposure to the semiconductor industry powering global artificial intelligence and digital hardware infrastructure.
More Funds from Fidelity & Similar Schemes
Similar Funds to Consider
- VanEck Semiconductor ETF (SMH)
- Invesco PHLX Semiconductor ETF (SOXQ)
- iShares Semiconductor ETF (SOXX)
Or compare side by side using our main SIP calculator โ you can test different funds with the same investment amount and dates to see which performed better.
Other Tools for Fidelity Semiconductors (FSELX) Investors
- FIRE Calculator โ Plan your retirement corpus with Fidelity Semiconductors (FSELX) as part of your portfolio
- Cost of Delay Calculator โ See how much delaying your SIP in Fidelity Semiconductors (FSELX) could cost you
- SIP vs EMI Calculator โ Compare investing in Fidelity Semiconductors (FSELX) vs paying off loans
Frequently Asked Questions About Fidelity Semiconductors (FSELX)
What is the historical SIP return of Fidelity Semiconductors (FSELX)?
Based on the latest data, Fidelity Semiconductors (FSELX) has delivered an annualized return (CAGR) of 56.44% over 3 years, 38.02% over 5 years, and 32.94% over 10 years. Experienced -42% drawdown in 2022 before generating staggering multi-year alpha during the AI hardware supercycle.
How is Fidelity Semiconductors (FSELX) SIP return calculated?
SIP returns are calculated using the XIRR (Extended Internal Rate of Return) method. Each monthly installment buys units at the fund's Net Asset Value (NAV) on that specific day. When markets are down, your SIP buys more units, and when markets are up, it buys fewer units (rupee cost averaging). Our calculator replays this exact process using historical NAV data to compute the precise current value of your accumulated units.
How much return would $500 monthly SIP in Fidelity Semiconductors (FSELX) generate over 5 years?
At an estimated annual return rate of 38.02%, a monthly $500 investment ($30,000 total invested) would grow to approximately $89,515 in 5 years, yielding an estimated wealth gain of $59,515. Use our interactive calculator above to test custom amounts with actual historical NAV data.
What are the top holdings in Fidelity Semiconductors (FSELX)?
Fidelity Semiconductors (FSELX)'s top holdings include NVIDIA Corp. (NVDA), Broadcom Inc. (AVGO), Taiwan Semiconductor (TSM), and Qualcomm Inc. (QCOM). The fund's sector allocation is Semiconductors 76.5%, Semiconductor Equipment 21.8%, Electronic Components 1.7%.
What is the risk profile of Fidelity Semiconductors (FSELX)?
Standard deviation is ~26.5% reflecting intense semiconductor sector cyclicality and high beta. This fund may not be suitable for conservative investors, retirees needing capital preservation, or those sensitive to 30-40% sector corrections..
What are the tax implications of investing in Fidelity Semiconductors (FSELX)?
Annual capital gain distributions may occur in taxable accounts; highly optimal in Roth IRAs and tax-sheltered accounts.
Data last updated: September 2026 | Fund data sourced from SEC filings and public exchanges
Ready to check Fidelity Semiconductors (FSELX) returns?
Use our free calculator with real historical NAV data โ no sign-up needed.
Open Fidelity Semiconductors (FSELX) Returns Calculator โ