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One fund combining a carefully chosen selection of investments, predominantly from Select View the Fidelity Select 50 Balanced Fund. The following nine investments all are standouts that might work for you if you're looking for the best Fidelity mutual funds right now. Fidelity now offers the Fidelity ZERO Large Cap Index Fund (FNILX), Fidelity ZERO Extended Market Index Fund (FZIPX), Fidelity ZERO Total Market Index Fund . Most mutual funds are part of larger investment companies or fund families such as Fidelity Investments, Vanguard, T. Rowe Price, and Oppenheimer. How Are. Fidelity Investments regularly scores among the top in Bankrate's comprehensive review of brokers, and this year is no different. The financial juggernaut.