Welcome to the first installment of

The Daily Screen

. Each weekday,

TheStreet.com

will focus on a different fund category, screening a fund group for offerings that beat their average peers during the past one- and three-year periods, according to

Morningstar

. We'll list the top 10, ranked by one-year return.

We'll also look under the hood of these hot funds and show you what's driving performance -- publishing a table of the 10 stocks with the biggest representation among our winners' combined portfolios.

Our inaugural edition focuses on tech-sector funds that best the competition over one- and three-year periods -- an eternity when judged in Internet time. Of the 35 tech funds with a three-year record -- most of the more than 100 tech funds out there are fairly recent additions -- only nine make the cut.

A look at the top holdings speaks volumes: no

Microsoft

(MSFT) - Get Report

TST Recommends

, no

IBM

(IBM) - Get Report

; these aren't your father's tech stocks. The collective top-three holdings are network-equipment shop

JDS Uniphase

(JDSU)

, software maker

Oracle

(ORCL) - Get Report

and semiconductor concern

PMC-Sierra

(PMCS)

.