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4 Strong Buy Large-Cap Growth Mutual Funds for Great Returns
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Growth funds focus on realizing an appreciable amount of capital gains by investing in stocks of firms, the value of which is projected to rise over the long term. However, a relatively higher tolerance to risk and the willingness to park funds for the longer term are necessary when investing in these securities. This is because these may experience relatively more fluctuations than the other fund classes.
Meanwhile, large-cap funds are ideal investment options for those seeking a high return potential that comes with lower risk than small-cap and mid-cap funds. These funds have exposure to large-cap stocks, providing a long-term performance history and assuring more stability than what mid or small caps offer.
Schwab Large-Cap Growth (SWLSX - Free Report) invests the majority of its assets in common stocks of large-cap companies with a market capitalization similar to those on the Russell 1000 Index. SWLSX seeks capital appreciation for the long run. Schwab Large-Cap Growth has one-year annualized returns of 16.7%.
SWLSX has an expense ratio of 1.00% as compared to the category average of 1.13%.
Vanguard Growth Index Investor (VIGRX - Free Report) seeks long-term capital growth by investing in equity securities of large-cap companies. VIGRX employs an indexing investment approach. The fund aims to track the performance of the CRSP US Large Cap Growth Index by investing most of its assets in stocks that make up the index. Vanguard Growth Index has one-year annualized returns of 15%.
Walter Nejman is one of the fund managers of VIGRX since 2016.
Fidelity Growth Company (FDGRX - Free Report) invests primarily in common stocks. FDGRX invests in companies that have above-average growth potential, while the advisor uses fundamental analysis of factors including each issuer's financial status and industry position, as well as market and economic conditions to select investments. FDGRX invests in both domestic and foreign issuers. Fidelity Growth Company has one-year annualized returns of 24.5%.
As of June 2017, FDGRX held 383 issues with 7.23% of its total assets invested in NVIDIA Corp.
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 provides higher returns than the Russell 1000 Growth Index. MassMutual Premier Disciplined Growth Service has one-year annualized returns of 15.9%.
DEIGX has an expense ratio of 0.71% compared with the category average of 1.13%.
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4 Strong Buy Large-Cap Growth Mutual Funds for Great Returns
Growth funds focus on realizing an appreciable amount of capital gains by investing in stocks of firms, the value of which is projected to rise over the long term. However, a relatively higher tolerance to risk and the willingness to park funds for the longer term are necessary when investing in these securities. This is because these may experience relatively more fluctuations than the other fund classes.
Meanwhile, large-cap funds are ideal investment options for those seeking a high return potential that comes with lower risk than small-cap and mid-cap funds. These funds have exposure to large-cap stocks, providing a long-term performance history and assuring more stability than what mid or small caps offer.
Below we share with you four 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.
Schwab Large-Cap Growth (SWLSX - Free Report) invests the majority of its assets in common stocks of large-cap companies with a market capitalization similar to those on the Russell 1000 Index. SWLSX seeks capital appreciation for the long run. Schwab Large-Cap Growth has one-year annualized returns of 16.7%.
SWLSX has an expense ratio of 1.00% as compared to the category average of 1.13%.
Vanguard Growth Index Investor (VIGRX - Free Report) seeks long-term capital growth by investing in equity securities of large-cap companies. VIGRX employs an indexing investment approach. The fund aims to track the performance of the CRSP US Large Cap Growth Index by investing most of its assets in stocks that make up the index. Vanguard Growth Index has one-year annualized returns of 15%.
Walter Nejman is one of the fund managers of VIGRX since 2016.
Fidelity Growth Company (FDGRX - Free Report) invests primarily in common stocks. FDGRX invests in companies that have above-average growth potential, while the advisor uses fundamental analysis of factors including each issuer's financial status and industry position, as well as market and economic conditions to select investments. FDGRX invests in both domestic and foreign issuers. Fidelity Growth Company has one-year annualized returns of 24.5%.
As of June 2017, FDGRX held 383 issues with 7.23% of its total assets invested in NVIDIA Corp.
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 provides higher returns than the Russell 1000 Growth Index. MassMutual Premier Disciplined Growth Service has one-year annualized returns of 15.9%.
DEIGX has an expense ratio of 0.71% compared with the category average of 1.13%.
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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