This guide will provide you with information on investing in a growth fund. A growth fund is a type of mutual fund that invests in stocks of companies that are expected to grow at an above-average rate. These funds typically have higher risk than other types of funds, but they can also provide
From Wikipedia
Growth investing is a type of investment strategy focused on capital appreciation. Those who follow this style, known as growth investors, invest in companies that exhibit signs of above-average growth, even if the share price appears expensive in terms of metrics such as price-to-earnings or price-to-book ratios. In typical usage, the term "growth investing" contrasts with the strategy known as value investing.