Top 3 Mid-Cap Growth Mutual Funds to Put Your Money In
Zacks Investment Research | Jul 28, 2020 06:27AM ET
Investors interested in high returns can choose mid-cap funds that bear lesser risk than small-cap funds. Mid-cap funds are unfazed by the broader market gyrations. This makes these funds ideal bets given the erratic macroeconomic conditions in recent years.
Also, when capital appreciation over the long term takes precedence over dividend payouts, growth funds are natural choices for investors. These funds focus on realizing an appreciable amount of capital growth by investing in stocks of firms, whose value is projected to rise over the long term.
However, a relatively higher tolerance to risk and the willingness to park funds for the longer term are necessary while investing in these securities. This is because these may experience relatively more fluctuations than the other fund classes.
Below we share with you three top-ranked mid-cap growth mutual funds. Each has earned a Zacks Investment Research
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