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Looking for Large-Cap Growth Mutual Funds? 3 Best Choices

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Large-cap growth mutual funds provide excellent opportunities to investors, who choose long-term capital appreciation over dividend payouts and are simultaneously interested in steady returns. Funds having significant exposure to growth securities are believed to provide higher returns. This is because growth stocks not only boast high quality, they also have the potential to see faster revenue and earnings growth than the industry average.

Though growth funds may experience more fluctuations than the other fund classes, these are suitable for investors with a higher risk tolerance and the willingness to park funds for the longer term.

Separately, large-cap mutual funds focus on acquiring securities of companies having market capitalization of more than $10 billion. Large-cap funds are ideal for investors seeking high returns that come with lower risk than the small-cap and mid-cap funds.

Below we share with you three top-ranked large-cap growth mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of all the large-cap growth mutual funds, their Zacks Rank and past performance.

MassMutual Premier Disciplined Growth Service (DEIGX - Free Report) invests primarily in common stocks of growth-oriented companies. DEIGX is believed to maintain a portfolio that offers higher returns than the Russell 1000 Growth Index. MassMutual Premier Disciplined Growth Service has a three-year annualized return of 12.1%.

DEIGX has an expense ratio of 0.70% compared with the category average of 1.17%.

BlackRock Large Cap Growth Investor A seeks long-term growth of capital. MDLHX invests the majority of its assets in equity securities of large-cap companies that are included in the fund’s benchmark, the Russell 1000 Growth Index. Such companies are located in the United States. BlackRock Large Cap Growth Investor A has a three-year annualized return of 12.6%.

Peter Stournaras is the fund manager of MDLHX since 2010.

PNC Large Cap Growth A invest a large portion of its assets in equity securities issued by large-cap companies. PEWAX may invest in foreign stocks provided it satisfies the fund’s objective. The fund seeks long-term capital appreciation. PNC Large Cap Growth A has a three-year annualized return of 13.3%.

As of July 2016, PEWAX held 69 issues with 4.22% of its assets invested in Apple Inc.

To view the Zacks Rank and past performance of all large-cap growth mutual funds, investors can click here to see the complete list of funds.

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