5 Best Growth Mutual Funds and Their Latest Top Picks

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In this article, we discuss 5 best growth mutual funds and their latest top picks. If you want to see more of growth mutual funds, check out 10 Best Growth Mutual Funds and Their Latest Top Picks.

5. Fidelity Growth Company Fund (NASDAQ:FDGRX)

10-year return:  17.52%
Year-to-date return: 37.05%
Net expense ratio: 0.86%

Fidelity Growth Company Fund (NASDAQ:FDGRX) is a mutual fund mostly in large-cap stocks with significant capital appreciation. While it invests primarily in common stocks, it focuses on plays that portfolio manager believes boasts of above-average growth potential. Therefore, it invests in domestic and foreign issuers.

Technology stocks account for about 45% of the fund’s holdings, with consumer cyclical plays coming in second at 17% and Healthcare at 13%. NVIDIA Corporation (NASDAQ:NVDA) accounts for about 13% of the fund’s portfolio weight, with Apple Inc. (NASDAQ:AAPL) coming in second at 12% and Microsoft Corporation (NASDAQ:MSFT) third at 7%.

Fidelity Growth Company Fund (NASDAQ:FDGRX) is up by about 37.05% year to date with a ten-year return average of 17.52%. Its net expense ratio stands at 0.86%.

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