5 Best Growth Mutual Funds and Their Latest Top Picks

2. Victory NASDAQ-100 Index (NASDAQ:USNQX)

10-year return: 18.28%
Year-to-date return: 41.29%
Net expense ratio: 0.42%

Victory NASDAQ-100 Index (NASDAQ:USNQX) is a mutual fund that seeks to match before fees and expenses the performance of the stocks in the tech-heavy index Nasdaq 100. Consequently, the hedge fund is highly suited for investors eyeing exposure in some of the biggest tech companies in the US.

With total net assets of about $5.05 billion, the mutual funds’ biggest holdings include Microsoft, Apple, and Nvidia. The trio has been on an impressive run, with Microsoft Corporation (NASDAQ:MSFT) rallying 29%, Apple Inc. (NASDAQ:AAPL) 23%, and NVIDIA Corporation (NASDAQ:NVDA) 145% year to date.

The significant stock gains have seen Victory NASDAQ-100 Index (NASDAQ:USNQX) gain 41.29% year to date. Likewise, the mutual has registered a gain of 18.28%. Over in the past 10 years, making it one of the best bets performing large-cap mutual funds. It boasts a net expense ratio of 0.42%.