MFS New Discovery Fund Class I (MNDIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

41.42

+0.16 (0.39%)

Aug 14, 2026, 9:30 AM EST

28.08% (1Y)

Fund Assets	2.09B
Expense Ratio	0.96%
Min. Investment	$0.00
Turnover	68.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	41.26
YTD Return	20.86%
1-Year Return	28.08%
5-Year Return	10.11%
52-Week Low	31.87
52-Week High	41.57
Beta (5Y)	1.17
Holdings	120
Inception Date	Jan 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

Performance Rating Average

Risk Rating Below Average

Stock Exchange NASDAQ

Ticker Symbol MNDIX

Share Class I

Index Russell 2000 Growth TR

Performance

MNDIX had a total return of 28.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.37%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MNDKX	R6	0.85%
MNDJX	R4	0.96%
MNDHX	R3	1.21%
MNDAX	A	1.21%

Top 10 Holdings

22.88% of assets

Name	Symbol	Weight
Currency Cash CASH_USD	n/a	4.90%
Advanced Energy Industries, Inc.	AEIS	2.61%
Ligand Pharmaceuticals Incorporated	LGND	2.51%
Element Solutions Inc	ESI	2.24%
Littelfuse, Inc.	LFUS	2.06%
Charles River Laboratories International, Inc.	CRL	1.90%
CACI International Inc	CACI	1.82%
FormFactor, Inc.	FORM	1.65%
The Chefs' Warehouse, Inc.	CHEF	1.64%
Merit Medical Systems, Inc.	MMSI	1.55%

View More Holdings