4 Notable Funds in the Struggling Large-Growth Category

Katie Reichart: The large-growth category was the worst-performing diversified domestic-stock category in 2016, with the average fund gaining just 3.2%. It's also been the category that's seen the most outflows: $107 billion left large-growth funds during the trailing year through January 2017.

For those willing to stick with large growth, there are some funds that are especially noteworthy. Primecap Odyssey Growth receives a Morningstar Analyst Rating of Gold and is one of the few Primecap funds that remain open to new investors. It's led by a proven team that's done well with a patient, long-term view.

T. Rowe Price Blue Chip Growth and Fidelity Contrafund are both rated Silver and are run by managers with tenures of more than 20 years who have access to strong analytical resources. For a passive option, check out Vanguard Growth Index, another Silver-rated fund.

Large-growth funds often hold big stakes in technology, consumer discretionary, and healthcare companies and aren't always the most valuation-conscious funds. For that reason, they're well paired with value-oriented funds to help diversify a portfolio.