If you're evaluating mutual funds for your investment portfolio or retirement account, this list highlights the best growth stock funds to consider now, based on each fund outperforming the S&P 500 over the past one-, three-, five- and 10-year periods.
A growth fund invests in companies that are expected to increase revenue or earnings at an above-average rate. Investors are attracted to growth funds because they can offer better returns over time. However, these funds also may experience greater volatility because of the stocks they invest in.
Growth companies typically invest a significant amount of their cash flow in their business, either through new facilities, mergers, acquisitions, R&D or some combination.
Shaded cells in the table below indicate the five best-of-the-best funds based on 10-year performance. Of 443 growth stock funds at least 10 years old, 52 of them, or 12%, won awards.
For more details, read about how the best mutual funds deliver benchmark-beating returns, and see the full 2025 list of IBD's Best Mutual Funds in every category, including bond funds, diversified stock funds, blend and index funds, and breakouts of large-cap, midcap and small-cap funds.
All returns are as of Dec. 31, 2024.
Best Growth Stock Funds
| Fund | Symbol | 1-year total return | 3-year total return | 5-year total return | 10-year total return | Morningstar category | Annual report net expense ratio |
|---|---|---|---|---|---|---|---|
| Benchmark: S&P 500 | 25.02% | 8.94% | 14.53% | 13.10% | |||
| Fidelity Series Growth Company* | FCGSX | 38.05 | 10.98 | 23.55 | 19.81 | Large Growth | 0.00% |
| Fidelity Series Blue Chip Growth | FSBDX | 39.66 | 11.32 | 22.54 | 18.98 | Large Growth | 0.01 |
| Fidelity Growth Company Fund* | FDGRX | 37.19 | 10.18 | 22.41 | 18.97 | Large Growth | 0.52 |
| Kinetics Market Opportunities No Load | KMKNX | 84.08 | 25.18 | 24.59 | 18.14 | Mid-Cap Growth | 1.40 |
| Fidelity Blue Chip Growth | FBGRX | 39.7 | 10.19 | 21.64 | 18.10 | Large Growth | 0.49 |
| Kinetics Small Cap Opportunities No Load | KSCOX | 68.52 | 23.79 | 23.88 | 17.74 | Small Growth | 1.64 |
| Fidelity OTC | FOCPX | 34.61 | 9.23 | 19.06 | 17.71 | Large Growth | 0.75 |
| Kinetics Paradigm No Load | WWNPX | 88.47 | 26.48 | 23.63 | 17.57 | Mid-Cap Growth | 1.64 |
| JPMorgan Large Cap Growth I | SEEGX | 33.84 | 10.36 | 19.97 | 17.56 | Large Growth | 0.69 |
| Fidelity Advisor Series Equity Gr | FMFMX | 31.12 | 11.15 | 19.78 | 17.27 | Large Growth | 0.01 |
| Alger Focus Equity I | ALGRX | 51.77 | 11.92 | 19.59 | 16.99 | Large Growth | 0.94 |
| Fidelity Advisor Equity Growth I | EQPGX | 30.01 | 10.03 | 18.70 | 16.45 | Large Growth | 0.68 |
| Loomis Sayles Growth Y | LSGRX | 34.38 | 13.77 | 18.15 | 16.41 | Large Growth | 0.66 |
| Fidelity Growth Discovery | FDSVX | 30.1 | 10.07 | 18.67 | 16.40 | Large Growth | 0.69 |
| Fidelity Trend | FTRNX | 40.16 | 10.33 | 19.39 | 16.38 | Large Growth | 0.52 |
| Federated Hermes MDT Large Cap Growth IS | QILGX | 36.30 | 12.74 | 20.91 | 16.13 | Large Growth | 0.74 |
| Putnam Large Cap Growth A | POGAX | 33.23 | 10.21 | 17.81 | 16.12 | Large Growth | 0.92 |
| Saratoga Large Capitalization Growth I | SLCGX | 40.99 | 11.70 | 18.86 | 15.66 | Large Growth | 1.70 |
| Virtus Silvant Focused Growth C | PGWCX | 35.71 | 10.33 | 19.06 | 15.62 | Large Growth | 1.72 |
| Alger Capital Appreciation Ptfl I-2 | ALVOX | 48.13 | 10.41 | 17.84 | 15.55 | Large Growth | 0.95 |
| MassMutual Blue Chip Growth R5 | MBCSX | 35.13 | 10.28 | 16.06 | 15.51 | Large Growth | 0.75 |
| Commerce Growth | CFGRX | 31.17 | 9.48 | 16.48 | 15.47 | Large Growth | 0.73 |
| Fidelity Focused Stock | FTQGX | 36.9 | 9.01 | 17.02 | 15.36 | Large Growth | 0.63 |
| Columbia Integrated Large Cap Gr A | ILGCX | 31.63 | 11.40 | 17.54 | 15.31 | Large Growth | 0.71 |
| Alger Capital Appreciation A | ACAAX | 49.7 | 10.6 | 17.64 | 15.30 | Large Growth | 1.26 |
| Alger Capital Appreciation Instl I | ALARX | 49.59 | 10.54 | 17.62 | 15.30 | Large Growth | 1.24 |
| Fidelity Contrafund | FCNTX | 35.97 | 10.77 | 17.51 | 15.29 | Large Growth | 0.42 |
| Marsico Focus | MFOCX | 40.68 | 10.89 | 19.70 | 15.25 | Large Growth | 1.28 |
| Virtus Silvant Large-Cap Growth Stk A | STCIX | 32.32 | 11.64 | 18.53 | 15.14 | Large Growth | 1.24 |
| Fidelity Series Opportunistic Insights | FVWSX | 36.35 | 10.49 | 17.17 | 15.10 | Large Growth | 0.00 |
| Carillon ClariVest Capital Apprec A | HRCPX | 35.36 | 10.26 | 17.69 | 15.05 | Large Growth | 1.00 |
| Goldman Sachs Large Cap Gr Insghts Instl | GCGIX | 36.41 | 9.64 | 17.72 | 15.01 | Large Growth | 0.53 |
| JPMorgan U.S. GARP Equity I | JPGSX | 32.54 | 10.87 | 17.94 | 15.00 | Large Growth | 0.59 |
| Multi-Manager Growth Strategies Inst | CZMGX | 34.59 | 10.56 | 17.42 | 14.78 | Large Growth | 0.74 |
| Eaton Vance Focused Growth Opps I | EIFGX | 34.6 | 9.06 | 16.92 | 14.77 | Large Growth | 0.82 |
| MassMutual Disciplined Gr Svc | DEIGX | 36.56 | 9.04 | 16.80 | 14.73 | Large Growth | 0.79 |
| Wilshire Large Company Growth Invmt | DTLGX | 36.02 | 9.09 | 17.26 | 14.57 | Large Growth | 1.30 |
| JAG Large Cap Growth I | JLGIX | 36.53 | 9.88 | 16.61 | 14.55 | Large Growth | 1.26 |
| Janus Henderson VIT Research Instl* | JAGRX | 35.31 | 10.74 | 16.79 | 14.53 | Large Growth | 0.57 |
| Columbia Disciplined Growth A | RDLAX | 28.13 | 9.18 | 16.80 | 14.52 | Large Growth | 1.06 |
| SEI Large Cap Growth F (SIMT) | SELCX | 32.39 | 9.48 | 17.13 | 14.48 | Large Growth | 0.89 |
| VALIC Company I Capital Appreciation | VAPPX | 31.78 | 11.32 | 17.48 | 14.45 | Large Growth | 0.77 |
| Janus Henderson Research D | JNRFX | 35.09 | 10.63 | 16.70 | 14.42 | Large Growth | 0.67 |
| Invesco American Franchise Y | VAFIX | 35.06 | 9.60 | 16.05 | 14.30 | Large Growth | 0.71 |
| Voya Large-Cap Growth W | IGOWX | 35.00 | 9.02 | 15.18 | 14.21 | Large Growth | 0.59 |
| Touchstone Growth Opportunities A | TGVFX | 32.37 | 10.48 | 17.11 | 14.17 | Large Growth | 1.27 |
| Victory Growth | USAAX | 32.84 | 9.96 | 16.39 | 14.17 | Large Growth | 0.89 |
| Schwab Large-Cap Growth | SWLSX | 29.41 | 9.32 | 16.85 | 13.96 | Large Growth | 0.99 |
| BNY Mellon Large Cap Securities Inc | DREVX | 27.34 | 11.07 | 17.16 | 13.8 | Large Growth | 0.69 |
| Fidelity Advisor New Insights I | FINSX | 35.22 | 10.24 | 15.66 | 13.67 | Large Growth | 0.43 |
| American Century Disciplined Growth I | ADCIX | 31.63 | 9.03 | 16.49 | 13.59 | Large Growth | 0.80 |
| Victory RS Growth A | RSGRX | 34.36 | 9.03 | 16.09 | 13.53 | Large Growth | 1.10 |
Sources: IBD, Morningstar Direct
* Fund is closed to new investors
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