Over the course of the bull market that died in March at the hands of the novel coronavirus, growth funds frequently beat their value rivals and did so by wide margins. Narrowing the time frame down to the past three years, the Russell 1000 Growth Index is up 63.3% while its value rival is up a meager 5.5%.
Although these funds have higher fees than others, some of the best mutual funds justify the higher price tag. These mutual funds aim to dispel the stigma surrounding expensive funds.