Top 20 US Mutual Funds You Can Buy Today - KOBOTALK (2023)

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Mutual funds are pools of funds collected from various investors by licensed fund managers to manage and invest in a wide variety of assets, such as stocks, bonds, Treasury bills and other securities, for the benefit of investors. For people, especially retail investors, looking for a reliable way to grow their money, mutual funds are often a good choice.

The US mutual fund industry is the largest in the world, with estimated total assets under management of $26.9 trillion by 2021. The industry is very important in the country's financial system. With approximately 8,000 funds available, mutual funds offer a wide rangeinvestment opportunitiesprivate and institutional investors.

.In this blog post, I'll show you the top 20 mutual funds in the US based on AUM, expense ratios, and historical performance.

Here is my list of the top 20 mutual funds in the US market.

#1. Vanguard Total Stock Market Index Fund (VTSAX)

The Vanguard Total Stock Market Index Fund (VTSAX) is one of the largest mutual funds in the United States with $1.2 trillion in assets under management (AUM). Established in 1992, the fund invests in US equities and offers broad exposure to large, mid and small cap stocks. The fund has delivered an annual return of 13.6% over the last 10 years and has an average expense ratio of 0.04%. This is one of the lowest in the industry and a big reason why it is popular with investors.

#2. Fidelity 500 Indexfonds (FXAIX)

The Fidelity 500 Index Fund tracks and invests in the S&P 500 index. Therefore, the Fidelity 500 Index Fund (FXAIX) is a good choice for investors who are attracted to large cap stocks. It is one of the largest mutual funds in the US, with $323 billion in assets under management, an expense ratio of 0.015% and a historic annual return of 14.5%.

#3. Vanguard 500 Index Fund (VFIAX)

This is one of the most popular index funds in the world and, like FXAIX, tracks the S&P 500. The Vanguard 500 Index Fund has $573 billion in assets under management and an expense ratio of 0.04%. It has also delivered a historic return of around 15.76% over the past five years.

#4. Vanguard Total Bond Market Index Fund (VBTLX)

The Vanguard Total Bond Market Index Fund (VBTLX) invests in corporate bonds and other investment grade fixed income securities. The fund also invests in US government bonds and tracks the Bloomberg Barclays Total Float-Adjusted Statistical Index.

The fund has $88.8 billion in assets under management, an expense ratio of 0.15% and returns approximately 9% to investors annually.

#5. Vanguard Total International Equity Index Fund (VTIAX)

With $328 billion in assets under management, VTIAX invests in global equity markets and offers exposure to both developed and emerging markets.

#6. Fidelity Total Market Index Fonds (FSKAX)

The fund manages $233 billion in assets and invests in a diversified portfolio of US equities. The fund has a low expense ratio of only 0.015%.

#7. Vanguard Total Stock Market ETF (VTI)

The exchange-traded fund, which manages $221 billion in assets, tracks the performance of the entire U.S. stock market.

#8. Vanguard Wellington Fonds (VWELX)

The fund manages $118 billion in assets and invests in a portfolio of stocks and bonds. The fund's historical performance has been over 8% per annum over the past ten years.

#9. Fidelity Hedge Fund (FCNTX)

With $138 billion in assets under management, FCNTX invests in US large-cap stocks with a historic return of more than 14% per annum over the past ten years.

#10. T. Rowe Price Blue Chip Growth Fund (TRBCX)

The fund manages $48 billion in assets and invests in large-cap growth stocks. The fund's historical performance has been over 17% per annum over the past ten years.

#11. US Funds US Growth Fund (AGTHX)

AGTHX manages $234 billion in assets invested in various large-cap U.S. stocks, with historical returns of more than 13% per annum over the past decade.

#12. Vanguard Growth Index Fonds (VIGAX)

The fund has $162 billion in assets under management and invests in large-cap growth stocks. The fund has a low expense ratio of only 0.05%.

#13. Dodge Cox Equity Fund (DOD)

The Dodge & Crox Equity Fund (DOD) is a highly selective and actively managed equity fund that invests in companies with long-term fundamentals relative to current valuations. The fund was founded in 1965 and as of March 2003 had a diversified portfolio of approximately 72 companies with total assets under management (AUM) of $89 billion. The fund has achieved an average return of 10.22% over the past 20 years.

#14. T. Rowe Price Equity Income Fund (PRFDX)

PRFDX manages $28 billion in assets invested in US large-cap dividend-paying stocks. The fund's historical performance has been over 11% per annum over the past ten years.

#15. Needham progressive growth fund

The fund invests primarily in common stocks of domestic issuers listed on nationally recognized exchanges and seeks long-term tax returns. Over the past 10 years, the fund has achieved a return of 13.29%.

#16. Fidelity Sector All Equity Fund (FSAX)

The fund invests approximately 80% of its assets in US large-cap stocks that are expected to grow faster than average. As of May 2023, the fund has $2.94 billion in assets under management and holds more than 263 stocks.

#17. Vaguard Dividendgroeifonds (VDIGX)

VDIGX is an actively managed fund launched in 1992. It focuses on quality companies that can grow their dividend income over time. Therefore, it is suitable for long-term investors interested in dividend income.

With an expense ratio of 0.27 percent and assets under management (AUM) of $53.2 billion, the fund has achieved a historic return of 202 percent over the past decade.

#18. Goldman Sachs International Equity ESG Fund (GSIFX)

The Fund invests primarily in carefully evaluated non-US diversified equity investments that meet the fund manager's environmental, social and governance (ESG) criteria. The fund has an expense ratio of 1.1% and has achieved a return of 6.6% over the past 10 years.

#19. Artrisan International Value Fund

The fund is managed by Artisan Partners, a world-renowned investment management firm, and focuses on investing in global undervalued stocks. It aims to provide its investors with long-term capital and income growth.

That's why the Artisan International Value Fund offers you the opportunity for investors seeking exposure to international markets with an experienced asset manager.

#20. Catalyst/MAP Global Balanced Fonds

Hussman Strategic Total Return Fund is an investment fund managed by Hussman Funds, an asset manager founded by Dr. John P. Hussman. The fund aims to provide long-term total returns with an emphasis on capital preservation.

The fund invests primarily in a diversified portfolio of US equities, bonds and other securities.

to summarize

Investing in mutual funds has many advantages: diversification, professional management, liquidity, variety and affordability. Investors also face challenges when it comes to mutual funds. For example, there are fees and charges that may be incurred. Investors have no control over their investments and you may also owe capital gains tax. In addition, investing in mutual funds is still subject to market risk and volatility.

Similarly, in a market with thousands of mutual funds, it is normal for retail investors to decide which funds to invest in a difficult project. In this context, use the services providedClassification of Mutual Fundsit will help your research. Fortunately, most investment companies and online business news portals offer this information for free.

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