What is the meaning of Growth fund?

Growth fund is a mutual fund that invests in growth stocks. Investors who want high capital appreciation tend to invest in growth stocks, which are less conservative than income funds. Income from dividends usually is not a goal of these funds. Growth funds often have high P/E ratios because managers are willing to pay a premium for stocks of fast-growing companies.

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APABarry Goldsmith. (2010). growth fund. Retrieved October 1, 2026, from http://smartdefine.org/growth_fund/definitions/1155209
ChicagoBarry Goldsmith. 2010. "growth fund" http://smartdefine.org/growth_fund/definitions/1155209 (accessed October 1, 2026).
HarvardBarry Goldsmith 2010, growth fund, Smart Define, viewed 1 October, 2026, <http://smartdefine.org/growth_fund/definitions/1155209>.
MLABarry Goldsmith. "growth fund" 21 October 2010. Web. 1 October 2026. <http://smartdefine.org/growth_fund/definitions/1155209>