TSC Ratings provides exclusive stock, ETF and mutual fund ratings and commentary based on award-winning, proprietary tools. Its "safety first" approach to investing aims to reduce risk while seeking solid outperformance on a total return basis.Fidelity Investments' Magellan Fund ( FMAGX) is riding the success of tech superstars Apple ( AAPL) and Google ( GOOG) this year, returning 7.3% as the stock market drops. So far this year, Magellan has generated the second-best performance among the 50 largest stock mutual funds that are actively managed. Almost 35% of the fund is invested in technology and communications companies. Apple and Google have brought big windfalls to Magellan this year, gaining 47% and 27%, respectively. Cisco Systems ( CSCO) and Oracle ( ORCL) also have jumped more than 10%. All four companies were among the fund's top 20 holdings at the end of March. The Van Kampen Capital Growth Fund ( ACPAX) was the group's best performer, returning 18% as the S&P 500 index fell 4.5%. Van Kampen managers also bet on tech stocks, including Baidu ( BIDU) and Amazon.com ( AMZN), which have jumped more than 50% this year. There were several losers among these funds, which each have at least $10 billion in assets. Financial stocks were largely to blame. The Harbor International Fund ( HAINX) has lost 8% this year. The fund has 27% of its assets in finance companies, such as AXA ( AXA), Lloyds Banking Group ( LYG) and Sumitomo Trust & Banking. These stocks have dropped more than 20% each. Closer to home, the American Washington Mutual Investors Fund ( AWSHX) shed 7.9%. The fund suffered as Citigroup ( C), Fifth Third Bancorp ( FITB) and SunTrust Banks ( STI) have lost about half their value. Bank of America ( BAC), another holding, is down 38%.