Fidelity Growth Discovery Fund
FDSVX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 245 Summer Street Boston MA United States of America 02110
- IPO Date
- Mar 31, 1998
- CIK
- 0000035348
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Growth Discovery Fund (FDSVX) is an actively managed open-end mutual fund that seeks capital appreciation by investing primarily in common stocks of domestic and foreign companies believed to possess above-average growth potential. The fund employs fundamental analysis, evaluating issuers' financial condition, industry position, market trends, and economic conditions to select growth stocks across large-cap and other market capitalizations; it maintains a diversified portfolio with exposure to sectors such as technology, consumer discretionary, and healthcare. Managed by Fidelity Investments, the fund features an expense ratio of 0.77%, net assets exceeding $6.5 billion, and share classes available to retail and institutional investors targeting long-term growth-oriented portfolios. Launched on March 31, 1998, the fund is domiciled in the United States with administrative headquarters in Boston, Massachusetts, as part of Fidelity's extensive lineup of equity mutual funds offered globally through brokerage platforms, retirement plans, and financial advisors. It invests without geographic restrictions, balancing U.S.-centric holdings with selective international positions to capture global growth opportunities, and periodically distributes dividends and capital gains, with the most recent dividend reported at 0.986 per share. In recent developments as of 2025, the fund has sustained strong performance with a one-year return of approximately 20.93% and a 10-year annualized return of 16.61%, outperforming the S&P 500 benchmark amid volatile markets; portfolio managers have emphasized resilient growth names in periodic updates through December 31, 2024. No major acquisitions, funding rounds, or structural reorganizations have been announced in the last 1-2 years, reflecting continuity in its growth-oriented strategy under longstanding Fidelity management; assets under management grew steadily, supported by positive net flows and market appreciation.