MFS New Discovery I (MNDIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
33.18
+0.32 (0.97%)
Sep 5, 2025, 4:00 PM EDT
0.97%
Fund Assets2.08B
Expense Ratio1.03%
Min. Investment$0.00
Turnover56.00%
Dividend (ttm)n/a
Dividend Yieldn/a
Dividend Growthn/a
Payout Frequencyn/a
Ex-Dividend Daten/a
Previous Close32.86
YTD Return9.04%
1-Year Return14.65%
5-Year Return23.16%
52-Week Low24.69
52-Week High33.39
Beta (5Y)n/a
Holdings109
Inception DateJan 2, 1997

About MNDIX

MFS New Discovery Fund Class I is an actively managed mutual fund focused on capital appreciation by investing primarily in equity securities. The fund targets small-cap growth companies that demonstrate significant potential to expand and evolve into major enterprises. Its investment approach emphasizes diversification among three categories of growth stocks: emerging businesses, high-quality durable companies, and firms operating in out-of-favor industries. The portfolio construction seeks to capture growth opportunities when market valuations are perceived as misaligned with underlying fundamentals and future growth prospects. Benchmarked against the Russell 2000 Growth Index, the fund provides investors with exposure to dynamic segments of the U.S. small-cap market. Since its inception in 1997, MFS New Discovery Fund Class I has played a distinct role in the financial market by offering access to innovative and fast-growing companies, contributing to overall diversification and growth potential within a broader investment portfolio.

Fund Family MFS
Category Small Growth
Stock Exchange NASDAQ
Ticker Symbol MNDIX
Share Class I
Index Russell 2000 Growth TR

Performance

MNDIX had a total return of 14.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.87%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FECGXFidelityFidelity Small Cap Growth Index0.05%
FCIGXFidelityFidelity Advisor Small Cap Growth I1.07%
FCPGXFidelityFidelity Small Cap Growth1.05%
FCTGXFidelityFidelity Advisor Small Cap Growth M1.58%
FCCGXFidelityFidelity Small Cap Growth Fund2.08%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
MNDKXR60.90%
MNDJXR41.03%
MNDHXR31.28%
MNDAXA1.28%

Top 10 Holdings

20.57% of assets
NameSymbolWeight
Currency Cash CASH_USDn/a4.81%
Flowserve CorporationFLS2.32%
StepStone Group Inc.STEP1.84%
nVent Electric plcNVT1.79%
Knife River CorporationKNF1.68%
Crane CompanyCR1.66%
QXO, Inc.QXO1.63%
Genius Sports LimitedGENI1.63%
Advanced Energy Industries, Inc.AEIS1.62%
Pegasystems Inc.PEGA1.58%
View More Holdings