Best-Ranked Large Cap Growth Mutual Funds Poised for a Surge
When capital appreciation over the long term takes precedence over dividend payouts, growth funds become a natural choice for investors. These funds focus on realizing an appreciable amount of capital growth by investing in stocks of firms whose value 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 they may experience relatively more fluctuations than other fund classes.
Below we will share with you 4 top rated large cap growth mutual funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect these mutual funds to outperform their peers in the future. To view the Zacks Rank and past performance of all large cap growth funds, investors can click here to see the complete list of funds.
American Century Legacy Large Cap Investor (ACGOX) seeks capital appreciation over the long run. The fund invests a lion’s share of its assets in large cap companies. It invests in those companies that are having impressive earnings and revenue growth potential. The large cap growth mutual fund returned 17.1% in the last one year.
The fund has an expense ratio of 1.10% as compared to category average of 1.20%.
Dreyfus Large Cap Growth A (DAPAX) invests a lion’s share of its assets in large cap companies having market capitalization more than $5 billion. It invests in growth companies. It may invest up to 20% of its assets in options. The fund seeks long term capital growth. The large cap growth mutual fund returned 22.1% in the last one year.
Irene D. O'Neill is the fund manager and has managed this fund since 2005.
TIAA-CREF Growth & Income Retirement (TRGIX) seeks total return with capital growth and income. The fund invests majority of its assets in large cap companies having strong capital and dividend income growth prospect. The fund focuses on acquiring equities of dividend paying companies. The large cap growth mutual fund returned 15.4% in the last one year.
As of September 2014, this fund held 209 issues with 4.03% of its assets invested in Apple Inc.
MassMutual Premier Disciplined Growth A (MPGAX) invests in domestic large cap companies having market capitalization similar to those included in the Russell 1000 Growth Index. The fund seeks total return higher than the daily performance of the index. The large cap growth mutual fund returned 16.9% in the last one year.
The fund has an expense ratio of 1.01% as compared to category average of 1.20%.
About Zacks Mutual Fund Rank
By applying Zacks Rank to mutal funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward, Learn more about the Zacks Mutual Fund Rank in our Mutual Fund Center.
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