Published: 20-11-2023
Expire: 03-04-2025
Growth stock mutual funds are investment vehicles that focus on capital appreciation by investing in stocks of companies with strong potential for substantial growth. These funds typically target companies exhibiting above-average earnings and revenue growth, making them suitable for investors seeking long-term capital appreciation rather than immediate income. While they offer the potential for high returns, it's important to note that growth stocks can also be more volatile than other investment options.