Large-cap blend mutual funds offer investors a balance of growth and value stocks, providing diversification and stability compared to small- or mid-cap funds.
Among the top picks are Ultrabull Profund Investor Shares (ULPIX), Vanguard Growth and Income Fund (VQNPX), and JPMorgan U.S. Research Enhanced Equity Fund (JDEAX), all carrying a strong buy. ULPIX aims to double the daily performance of the S&P 500, posting impressive three-year annualized returns of 29.5%.
VQNPX focuses on capital appreciation plus dividend income, with three-year annualized returns of 19.7% and a low expense ratio of 0.38%. JDEAX delivers consistent returns by investing in a diversified mix of S&P 500 companies, achieving three-year annualized returns of 19.6% under the steady management of Raffaele Zingone.
Finsum: These funds typically invest in companies with market capitalizations above $10 billion, making them attractive for risk-averse investors seeking long-term performance.