Investors looking for exposure to both value and growth stocks, while seeking returns at a lower level of risk, may consider large-cap blend mutual funds. Large-cap funds offer more stability than mid or small caps and are thus safer.

Generally, companies with a market capitalization of more than $10 billion are considered large caps. However, due to their significant international exposure, large-cap companies run the risk of being hit by global woes.

Blend funds, also called hybrid funds, owe their origin to the graphical representation of their equity style box. In addition to diversification, blend funds offer a great mix of growth and value investments.

Below, we share with you three large-cap blend mutual funds, viz., Fidelity Mega Cap Stock Fund FGRTX, Northern Large Cap Core Fund NOLCX and Vanguard Growth and Income Fund Investor Shares VQNPX. Each has earned a Zacks Mutual Fund #1 Rank (Strong Buy), as we expect these to outperform their peers in the future. Investors can click here to see the complete list of funds.

Fidelity Mega Cap Stock Fund invests most of its net assets in common stocks of mega market-capitalization domestic and foreign companies that have either growth or value, or both characteristics. Mega market-cap stocks are those with a market cap within the range of stocks listed on the Russell Top 200 Index or the S&P 100 Index. FGRTX advisors choose to invest in stocks based on fundamental analysis factors, such as industry position, as well as market and economic conditions.

Fidelity Mega Cap Stock Fund has three-year annualized returns of 23.3%. As of the end of March 2026, FGRTX had 111 issues and invested 8.6% of its net assets in NVIDIA.

Northern Large Cap Core Fundinvests most of its net assets in a broadly diversified portfolio of equity securities of large-capitalization domestic and foreign companies that are traded in the United States. NOLCX advisors choose to invest in stocks that have market capitalization similar to the companies listed on the Russell 1000 Index.

Northern Large Cap Core Fund has three-year annualized returns of 21.3%. NOLCX has an expense ratio of 0.45%.

Vanguard Growth and Income Fund Investor Shares seek capital appreciation along with dividend income higher than the return of the Standard & Poor's 500 Index by investing most of its net assets in common stocks that are part of the S&P 500 Index. VQNPX advisors use quantitative methods to select a group of stocks that are expected to give a higher total return than that of the index.

Vanguard Growth and Income Fund Investor Shares has three-year annualized returns of 19.6%. Mary L. Pryshlak has been one of the fund managers of VQNPX since August 2023.

To view the Zacks Rank and the past performance of all Large-Cap Blend Mutual Funds, investors can click here to see the complete list of Large-Cap Blend Mutual Funds.

Want key mutual fund info delivered straight to your inbox?

Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>

Beyond Nvidia: AI's Second Wave Is Here

The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.

See Stocks Now >>View All Zacks #1 Ranked Mutual Funds

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

 

Get Your Free (VQNPX): Fund Analysis Report

 

Get Your Free (NOLCX): Fund Analysis Report

 

Get Your Free (FGRTX): Fund Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research