Growth funds focus on realizing an appreciable amount of capital growth by investing in stocks of firms, the value of which is projected to rise over the long term. However, 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 greater fluctuation 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, with a long-term performance history and 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. Investors can click here to see the complete list of all the large-cap growth mutual funds.

Commerce Growth Fund (CFGRX - Free Report) seeks growth of capital. CFGRX invests a minimum of 65% of its assets in common stocks of companies that witnessed lower-than-average price volatility in the past. The fund may also invest a major portion of its assets in the technology sector. The fund normally invests in common stocks issued by companies whose characteristics can be compared to those that are included on the Russell 1000 Growth Index. Commerce Growth Fund has returned 20% in the last one-year time frame.

CFGRX has an expense ratio of 0.82% compared with the category average of 1.13%. 

Fidelity Growth Company Fund K (FGCKX - Free Report) invests heavily in common stocks of companies that have above-average growth potential (stocks of these companies are called "growth" stocks). FGCKX invests in both U.S. as well as non-U.S. issuers. The fund seeks capital growth. Fidelity Growth Company Fund K has returned 32.9% in the last one-year time frame.

As of April 2017, FGCKX held 391 issues with 6.25% of its assets invested in NVIDIA Corp.   

Goldman Sachs Large Cap Growth Insights A (GLCGX - Free Report) seeks long-term capital appreciation. GLCGX invests a large portion of its assets in a broadly diversified portfolio of equity investments in large-cap U.S. issuers and non-U.S. issuers traded in the US. Goldman Sachs Large Cap Growth Insights A has returned 21.9% in the last one-year time frame.

Len Ioffe is one of the fund managers of GLCGX since 2011.