Top 3 Large-Cap Growth Funds For Splendid Returns

Image: Bigstock

Growth funds offer incremental gains on capital by investing in stocks of companies that are projected to rise in value over the long term. However, a relatively higher tolerance of risk is a prerequisite other than investors willingness to park money in these securities for the long haul. This is because these may experience relatively greater fluctuation than the other fund classes.

Additionally, large-cap funds are ideal investment options for those seeking a high-return potential accompanied by lesser risk than what small-cap and mid-cap funds bear. These funds have exposure to large-cap stocks with a long-term performance history, assuring more stability than what mid or small caps offer.

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. 

Fidelity Advisor Series Growth Opportunities Fund (FAOFX - Free Report) aims for capital appreciation. The fund invests in common stocks of companies that its manager believes have above-average growth potential. FAOFX invests in domestic and foreign issuers and has returned 33% over the past three years.

As of October 2020 end, FAOFX held 259 issues with 7.94% of its assets invested in Microsoft Corp.

Transamerica Large Growth Fund Class R4 (TGWFX - Free Report) aims to maximize long-term growth. The fund invests the majority of its assets in equity securities of large-cap companies and other investments with similar economic characteristics. TGWFX has returned 31.2% over the past three years.

TGWFX has an expense ratio of 0.90% compared with the category average of 1.04%.

Fidelity Series Blue Chip Growth Fund (FSBDX - Free Report) aims for capital growth over the long term. The fund invests the majority of its assets in common stocks of blue-chip companies, which generally have large or medium market capitalizations. FSBDX has returned 24.5% over the past three years.

1 2
View single page >> |

Disclaimer: Neither Zacks Investment Research, Inc. nor its Information Providers can guarantee the accuracy, completeness, timeliness, or correct sequencing of any of the Information on the Web ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.