Putnam Large Cap Growth Fund
Putnam Investment Funds
Expense ratio
Net assets1
$13.21B
Holdings1
48
Category
US Equity
Return

Investment objective & strategy

As of Nov. 24, 2025 · prospectus

Objective. The fund seeks capital appreciation.

Strategy. Investments The fund invests mainly in common stocks of large U.S. companies, with a focus on growth stocks. Growth stocks are stocks of companies whose earnings are expected to grow faster than those of similar firms, and whose business growth and other characteristics may lead to an increase in stock price. The Investment Manager, as defined below, may consider, among other factors, a companys valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell investments. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in companies of a size similar to those in … Investments The fund invests mainly in common stocks of large U.S. companies, with a focus on growth stocks. Growth stocks are stocks of companies whose earnings are expected to grow faster than those of similar firms, and whose business growth and other characteristics may lead to an increase in stock price. The Investment Manager, as defined below, may consider, among other factors, a companys valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell investments. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in companies of a size similar to those in the Russell 1000 Growth Index. This policy may be changed only after 60 days notice to shareholders. The fund is non-diversified, which means it may invest a greater percentage of its assets in fewer issuers than a diversified fund.

Top holdings

As of Jan. 31, 2026 · N-PORT
SecurityTickerValue% of fund
NVIDIA CORP $1.82B 13.79%
APPLE INC $1.26B 9.55%
MICROSOFT CORP $1.17B 8.86%
BROADCOM INC $812.11M 6.15%
ALPHABET INC CL C $781.89M 5.92%
AMAZON.COM INC $685.13M 5.19%
META PLATFORMS INC CL A $654.58M 4.96%
TESLA INC $522.71M 3.96%
LILLY ELI and CO $478.34M 3.62%
MASTERCARD INC CL A $386.39M 2.93%
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Allocation by sector

As of January 31, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Oct 31, 2025 → Jan 31, 2026
Opened
1
Exited
6
Increased
18
Decreased
17
Unchanged
14

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

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Advisers

As of July 31, 2025 · N-CEN
FirmRole
Franklin Advisers, Inc. Sub-adviser
Franklin Templeton Investment Management Limited Sub-adviser
Putnam Investment Management, LLC Adviser

Footnotes

  1. Net assets and holdings count as of January 31, 2026, from the fund's N-PORT filing.

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