As we head into 2021, investors are looking for opportunities to grow their wealth in a volatile market. Mutual funds are a popular choice for many investors, as they offer diversification and professional management. With so many mutual funds to choose from, it can be overwhelming to decide where to invest your money. To help you navigate the sea of options, we’ve compiled a list of the top 10 mutual funds to watch in 2021.
1. Vanguard Total Stock Market Index Fund (VTSAX)
The Vanguard Total Stock Market Index Fund is a great option for investors looking for broad exposure to the U.S. stock market. With a low expense ratio and a history of strong performance, this fund is a solid choice for long-term investors.
2. Fidelity Contrafund (FCNTX)
Managed by Will Danoff, the Fidelity Contrafund is one of the largest and most successful actively managed funds. Danoff has a proven track record of beating the market over the long term, making this fund a standout choice for investors seeking growth opportunities.
3. T. Rowe Price Blue Chip Growth Fund (TRBCX)
For investors looking for exposure to large-cap growth stocks, the T. Rowe Price Blue Chip Growth Fund is a top pick. Managed by Larry Puglia, this fund has a history of strong performance and is a great option for investors seeking long-term growth.
4. American Funds Growth Fund of America (AGTHX)
The American Funds Growth Fund of America is one of the largest and most successful growth funds. With a focus on quality companies with strong growth potential, this fund is a top choice for investors seeking exposure to the U.S. stock market.
5. Vanguard Total Bond Market Index Fund (VBTLX)
For investors looking to add diversification to their portfolio, the Vanguard Total Bond Market Index Fund is a great choice. This fund provides exposure to a broad range of U.S. bonds, offering stability and income to investors.
6. Fidelity Magellan Fund (FMAGX)
Managed by Jeffrey Feingold, the Fidelity Magellan Fund is a top-performing growth fund with a proven track record of beating the market. This fund is a great choice for investors seeking exposure to large-cap growth stocks.
7. PIMCO Total Return Fund (PTTAX)
For investors looking for exposure to fixed income securities, the PIMCO Total Return Fund is a top pick. Managed by bond guru Bill Gross, this fund has a history of strong performance and offers diversification and stability to investors.
8. Vanguard Growth Index Fund (VIGAX)
The Vanguard Growth Index Fund is a top choice for investors seeking exposure to large-cap growth stocks. With a low expense ratio and a history of strong performance, this fund is a solid option for long-term investors.
9. Fidelity Spartan 500 Index Fund (FUSEX)
The Fidelity Spartan 500 Index Fund is a great choice for investors seeking exposure to the S&P 500. With a low expense ratio and a history of strong performance, this fund is a top pick for investors seeking broad exposure to the U.S. stock market.
10. T. Rowe Price Equity Income Fund (PRFDX)
For investors seeking income and growth potential, the T. Rowe Price Equity Income Fund is a top choice. Managed by John Linehan, this fund invests in dividend-paying stocks and has a history of strong performance.
In conclusion, the top 10 mutual funds to watch in 2021 offer a range of investment opportunities for investors seeking growth, income, and diversification. Whether you’re a novice investor or a seasoned pro, these funds provide attractive options to help you reach your financial goals in the new year. Remember to always do your own research and consult with a financial advisor before making any investment decisions.