Founded in 1851, Massachusetts Mutual Life Insurance Company or MassMutual uses a multi-manager approach to offer services like life policies, money management and retirement planning throughout the globe. The company and its subsidiaries, which include Oppenheimer Funds, provide investment opportunities across a number of mutual funds from different categories. MassMutual is considered one of the leading asset managers by virtue of around $55.9 billion (as of Jun 30, 2019) of assets, which it manages along with its affiliates.

Below we share with you three top-ranked MassMutual mutual funds. Each has a Zacks Mutual Fund Rank #1 (Strong Buy) or 2 (Buy) and is expected to outperform its peers in the future.

MassMutual Select Diversified Value Fund Class R5 (MDVSX - Free Report) invests a huge portion of its assets in securities, including stocks of domestic companies. The fund may also invest around one-fourth of its assets in non-U.S. securities and ADRs. MDVSX seeks capital growth and high income by investing mainly in big well-established companies. MDVSX has three-year annualized returns of 1.8%.

Joseph J. Kirby is one of the fund managers of MDVSX since 2010.

MassMutual Select Mid Cap Growth Fund Class R4 (MEFFX - Free Report) seeks capital growth for the long run. MEFFX maintains a diverse portfolio by investing mainly in equity securities of mid-cap companies that have high-growth potential over the long term. MEFFX has three-year annualized returns of 8.2%.

MEFFX has an expense ratio of 1.16% compared to the category average of 1.17%.

MassMutual Premier Disciplined Growth Fund Service Class (DEIGX - Free Report) seeks to outperform the Russell 1000 Growth Index in terms of total returns. It invests primarily in common stocks of growth-oriented companies. The fund invests in companies having market capitalization of more than $200 million. DEIGX has three-year annualized returns of 13.2%.

As of the end of March 2020, DEIGX held 358 issues, with 10.1% of its assets invested in Microsoft Corp.