Fidelity Stk Selec Lg Cp Val (FSLVX - Free Report) a Zacks Rank #1 (Strong Buy) invests at least 80% of its assets in securities of companies with large market capitalizations. The fund usually invests in securities of companies that it believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow or in relation to securities of other companies in the same industry.

This Large Growth fund, as of the last filing, allocates their fund in three major groups; Large Growth, Large Value and Foreign Stock. As of the last filing, Berkshire Hathaway Inc. CL, Proctor & Gamble Co. and Wells Fargo & Co. were the top holdings for FSLVX.

The Fidelity Stk Selec Lg Cp Val fund, managed by Fidelity, carries an expense ratio of 0.78%. Moreover, FSLVX requires a minimal initial investment of $2,500.

FSLVX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 26.27%, 3 year 9.26% and 5 year 13.42%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .

FSLVX’s performance, as of the last filing, when compared to funds in its category was in the top 26% in 1 year, top 18% over the past 3 years, and in the 19% over the past 5 years.