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5 Top Large Cap Growth Mutual Funds to Outperform Peers - Mutual Fund Commentary

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 5 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 gro wth funds, investors can click here to see the complete list of funds .

Goldman Sachs Large Cap Growth Insights A (GLCGX) seeks long term capital appreciation. The fund invests a large portion of its assets in a broadly diversified portfolio of equity investments in large-cap U.S. issuers and including non-U.S. issuers traded in the US. The large cap growth mutual fund returned 16.8% in the last one year.

The fund has an expense ratio of 0.96% as compared to category average of 1.2%.

PRIMECAP Odyssey Growth (POGRX) invests major portion of its assets in domestic companies having above average growth prospect. The fund mostly invests in large cap or mid cap companies, but has also historically invested in small cap companies. The large cap growth mutual fund returned 11.9% in the last one year.

As of September 2014, this fund held 124 issues with 4.09% of its assets invested in Amgen Inc

Fidelity Stock Selector Large Cap Value (FSLVX) seeks capital appreciation over the long run. It invests a lion's share of its assets in large cap companies having market capitalizations identical to those listed in the Russell 1000 Index or the S&P 500 Index. It considers factors such as growth potentials, earnings and cash flow to invest in undervalued firms. The large cap growth mutual fund returned 11.7% in the last one year.

The fund has an expense ratio of 0.71% as compared to category average of 1.13%.

Columbia Large Growth Quantitative A (RDLAX) invests a large portion of its assets in large cap companies having market capitalizations similar to those listed in the Russell 1000 Growth Index. It generally considers those firms whose market capitalizations are higher than $5 billion. The large cap growth mutual fund returned 16.9% in the last one year.

As of November 2014, this fund held 83 issues with 7.49% of its assets invested in Apple Inc

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 almost 13% in the last one year.

The fund has an expense ratio of 1.1% as compared to category average of 1.2%.

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 .

About Zacks Mutual Fund Rank

By applying the Zacks Rank to mutual 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 at http://www.zacks.com/funds.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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