Fidelity Blue Chip Growth Fund
Figures last verified October 31, 2026
Active large-growth fund concentrated in established, well-known growth companies; willing to hold aggressive tech and consumer positions.
Blue Chip Growth is Fidelity's higher-octane growth vehicle — more concentrated and more aggressive than Contrafund, with bigger swings on both sides. In monster growth years it has posted numbers that make index funds look sleepy; in growth bear markets like 2022 it has fallen dramatically harder than the S&P 500. The long-term record against the Russell 1000 Growth is genuinely competitive, which puts it in rare company.
The standard caveats apply with extra weight: a 0.72% fee compounds against you every year, hot-streak funds attract money at tops and lose it at bottoms (investor returns here lag fund returns by a wide margin), and the portfolio's mega-cap tech concentration means you're doubling a bet your index funds already make. As a contained, deliberate satellite position for someone who understands the volatility — defensible. As a core holding — that's what FSPGX is for, at a tenth the price.
Aggressive growth investors who accept feast-or-famine years.
FBGRX alternatives & comparable funds
If you’re weighing FBGRX against the field, these are the funds most investors line it up against — same job, different provider, slightly different terms.
| Fund | Family | Expense Ratio | Minimum |
|---|---|---|---|
| FBGRX — Fidelity Blue Chip Growth Fund | Fidelity | 0.72% | $0 |
| FSPGX — Fidelity Large Cap Growth Index Fund | Fidelity | 0.035% | $0 |
| FCNTX — Fidelity Contrafund | Fidelity | 0.74% | $0 |
| VIGAX — Vanguard Growth Index Fund… | Vanguard | 0.05% | $3,000 |
| TRBCX — T. Rowe Price Blue Chip Growth Fund | T. Rowe Price | 0.70% | $2,500 |
Head-to-head comparisons
Frequently asked questions
What is the expense ratio of FBGRX?
FBGRX (Fidelity Blue Chip Growth Fund) has an expense ratio of 0.72%, which works out to roughly $72 per year for every $10,000 invested. That is high relative to index alternatives, and it compounds against you every year, so the fund needs to outperform just to break even versus a cheaper option.
What is the minimum investment for FBGRX?
FBGRX has no minimum initial investment — you can start with any amount.
What does FBGRX invest in?
Active large-growth fund concentrated in established, well-known growth companies; willing to hold aggressive tech and consumer positions. It falls in the large growth category and is an actively managed fund.
What are good alternatives to FBGRX?
The funds most often compared with FBGRX are FSPGX, FCNTX, VIGAX — broadly similar exposure from different providers, with small differences in fee, minimum, and portability that usually come down to which brokerage holds your account.
Expense ratio and minimum for FBGRX drawn from Fidelity fund documentation; last verified October 31, 2026. Figures change — confirm against the official prospectus before investing. This review is editorial opinion, not investment advice.