Technology / Semiconductors

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)

Interactive Calculator

Calculate Fidelity Semiconductors (FSELX) Returns

$
Historical 5Y: 38.02%
%
Yrs
Annual Step-Up (% top-up per year)Increase SIP amount each year as income grows
Projected Corpus Value

$0

Total Amount Invested$0
Est. Wealth Gain+$0
Growth Multiplier1.00x
Invested: 50%Returns: 50%
Run Full Historical NAV Backtest →

Calculations use compound annual growth formula. Past performance does not guarantee future results.

Fidelity Semiconductors (FSELX) Historical SIP Performance & Returns Table

Historical value of standard monthly SIP investments based on actual fund CAGRs.

Uses Real Historical CAGR
Monthly SIP3 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.

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 — 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.

Similar Funds to Consider

Or compare side by side using our main SIP calculator — 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 — Plan your retirement corpus with Fidelity Semiconductors (FSELX) as part of your portfolio
  • Cost of Delay Calculator — See how much delaying your SIP in Fidelity Semiconductors (FSELX) could cost you
  • SIP vs EMI Calculator — 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

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