T. Rowe Price Large-Cap Growth Fund (TRGOX) is an open-end mutual fund that seeks long-term capital appreciation by investing primarily in common stocks of large-capitalization growth companies exhibiting above-average growth in earnings and cash flow, the ability to sustain earning momentum during economic slowdowns, and occupation of lucrative economic niches with expansion potential. The fund emphasizes a disciplined, research-driven approach, focusing on U.S. large-cap equities in sectors such as technology, consumer cyclical, communication services, financial services, and healthcare; its top holdings as of early 2025 include Microsoft Corp. (11.79%), Apple Inc. (9.70%), NVIDIA Corp. (9.60%), Amazon.com Inc. (8.49%), and Alphabet Inc. Class A (7.33%), representing 63.8% of assets under management totaling approximately $23.0 billion. It offers Investor Class shares with a below-average distribution fee level, an adjusted expense ratio of 0.70%, a minimum initial investment of $2,500, and a low portfolio turnover of 15%. The fund operates within the large growth category and serves individual investors, financial advisors, institutions, and retirement plans domiciled in the United States. Managed by T. Rowe Price Associates, Inc., a global investment management firm founded in 1937 and headquartered at 100 East Pratt Street in Baltimore, Maryland. In a recent management development effective January 1, 2025, associate manager Jon Friar joined Taymour R. Tamaddon as a named co-manager of the strategy, recognizing Friar's contributions while maintaining the fund's Above Average People Pillar rating and overall Morningstar Medalist Rating.