When it comes to owning individual stocks, many investors have been disappointed. Mutual funds are a great way for these investors to spread their overall risk while also maximizing their gains. An all-time high of $1.2 trillion was invested in long-term mutual funds and ETFs during 2014. Active equity funds in the United States lost $195 billion last year, while passive equity funds gained $356 billion. JPMorgan Chase & Co., Citigroup Inc., and Exxon Mobil Corporation are a few of the top stocks among mutual funds for the year 2022.
Here is Insider Monkey’s list of the 10 mutual funds to buy in 2022. There are more than $1.27 billion in assets under management in Voya Russell Large Cap Index Portfolio Class I. Investments in equities, convertible securities, and other derivatives linked to the index are the primary focus of the fund. There are more than $11.8 billion in net assets under management in Hartford Core Equity Fund Class R5. Investments can be made in a variety of market capitalizations as well. Over $1.54 billion has been invested in Voya Russell Large Cap Growth Index Portfolio Class I. Visa Inc., a payments company based in the Golden State, is the fund’s largest holding. Over $14.2 billion in net assets in the Fidelity NASDAQ Composite Index Fund. An average of 17% of the fund’s holdings are changed each year. The fund’s expense ratio is 0.29%. There are over $1.31 billion in assets under management in the Shelton Capital Management Nasdaq-100 Index Fund Direct Shares. At the end of September, the Insider Monkey database showed 248 funds as being long Meta Platforms, Inc., with a total stake worth $38 billion. For more details, click the 10 Mutual Funds To Buy In 2022.
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