About FDSVX
Fidelity Growth Discovery Fund is a mutual fund focused on seeking capital appreciation by investing predominantly in U.S. large-cap growth companies. Its strategy centers on identifying firms believed to have above-average growth potential, often targeting leaders in sectors such as technology, consumer discretionary, healthcare, and financial services. The fund’s portfolio is notably concentrated, with significant allocations to influential companies like Amazon.com, NVIDIA, Microsoft, Apple, and Alphabet, reflecting its bias toward high-growth and innovative enterprises. Underpinned by a philosophy that stock prices follow earnings growth, the fund leverages in-depth research to build a collection of equities positioned for expansion. Managed by experienced professionals, Fidelity Growth Discovery Fund plays a notable role in the market as a vehicle for investors seeking exposure to dynamic, growth-oriented businesses within the broader U.S. equity landscape. The fund’s assets, turnover rate, and expense ratio are aligned with typical large growth funds, supporting its continued relevance among mutual funds targeting capital appreciation through strategic equity selection.
Fund Family Fidelity
Category Large-Cap Growth
Performance Rating High
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol FDSVX
Index Russell 3000 Growth TR
FDSVX had a total return of 15.24% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.78%.
