5 Best Mutual Funds for 2021

In this article we discuss the 5 best mutual funds for 2021. If you want to read our detailed analysis of these mutual funds, go directly to the 10 Best Mutual Funds for 2021.

5. American Century Small Cap Value Fund R6 Class (NASDAQ: ASVDX)

Year-to-Date Return: 32.65%

American Century Small Cap Value Fund R6 Class (NASDAQ: ASVDX) is a Kansas City-based mutual fund that invests at least 80% of net assets in firms with small market capitalizations  on the S&P Small Cap 600 Index or the Russell 2000 Index. The fund is ranked fifth on our list of 10 best mutual funds for 2021.

American Century Small Cap Value Fund R6 Class (NASDAQ: ASVDX) has more than $5 billion in net assets under management with a holdings turnover of 71%. The expense ratio for the fund is 0.90%.

A top holding of the fund is Coherent, Inc. (NASDAQ: COHR), the California-based technical equipment company. American Century Small Cap Value Fund R6 Class (NASDAQ: ASVDX) has invested 2.63% of assets in Coherent, Inc. (NASDAQ: COHR).

At the end of the first quarter of 2021, 41 hedge funds in the database of Insider Monkey held stakes worth $1.4 billion in Coherent, Inc. (NASDAQ: COHR), up from 22 in the preceding quarter worth $207 million.