What are the best growth funds?
Well, the answer depends on your criteria for "best". Is it the one-year return? Five-year return? Volatility? Fees? Management Quality? How much it beat a specific index?
There are dozens of ways to rank top performing growth funds. In addition, you can break growth funds into categories like best aggressive growth funds, best large
growth funds, best mid cap growth funds, or best small cap growth funds.
So we've chosen here to simply list the top rated growth funds by return over five years and regardless of what the growth mutual fund invests in. Then, we've included links to several great search tools that will allow you to answer this question yourself, no matter how you choose to rank greatness.
Best 5 Year Returns - Top 10 Growth Mutual Funds
These are the best growth funds based on 5-year return as ranked by Yahoo! Finance on May 31, 2010:
1. Birmiwal Oasis 17.24%
2. Alger Spectra I 12.03%
3. Alger Spectra A 11.96%
4. TCW Small Cap Growth I 11.51%
5. Reynolds Blue Chip Growth 11.18%
6. TCW Small Cap Growth N 11.14%
7. Alger Spectra C 11.14%
8. JHancock Large Cap Equity I 11.09%
9. Brown Capital Mgmt Small Co Instl 10.86%
10.JHancock Large Cap Equity R5 10.68%