Which are the best performing Growth Stock Mutual Funds in the large cap segment?
As per the finance data available on various sites on internet, there are many funds which have given better returns in the Large Cap Growth Stock Mutual Funds. Below we discuss a few of them (Data as of July 28, 2008): Top Performers in last 1 year in Large Cap Growth Stock Mutual Funds: CGM Mutual LOMMX: The CGM Mutual Fund investment attempts gain long-term capital appreciation with a prudent approach to protection of capital from undue risks. The fund normally invests approximately 75% of assets in equity securities. It may invest up to 35% of assets in debt or fixed-income securities of a quality below investment grade, including securities commonly referred to as “junk bonds”. The fund may invest up to 25% of assets in securities issued by companies in any single industry. This is claimed to be a No load Mutual Fund. Morning Star rated this fund’s style as a blend of both value and growth in the large cap market and has assigned the topmost 5 star rating to this fund. The CGM Mut