BGRFX — Baron Growth Fund
Data updated: 2026-05-22
BGRFX — Baron Growth Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Mid Cap Growth Equity · $2.61B AUM · 1.60% expense ratio · -21.4% 1-yr return. From SEC regulatory filings.
BGRFX Fund Overview
BGRFX — Baron Growth Fund is a US mutual fund managed by BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND), categorised as United States Mid Cap Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND)
- Category: United States Mid Cap Growth Equity
- Assets under management: $2.61B
- 1-year return: -21.4%
- Ticker: BGRFX
- SEC CIK: 0000810902
- SEC series ID: S000000583
- Share class ID: C000001636
BGRFX Holdings
Top 10 holdings of Baron Growth Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Arch Capital Group Ltd | 22.01% |
| MSCI Inc | 18.43% |
| Kinsale Capital Group Inc | 11.29% |
| Choice Hotels International Inc | 10.89% |
| Figs Inc | 6.99% |
| Gartner Inc | 6.42% |
| FactSet Research Systems Inc | 5.60% |
| Primerica Inc | 5.52% |
| Red Rock Resorts Inc | 4.79% |
| IDEXX Laboratories Inc | 4.30% |
BGRFX Portfolio Allocation
Asset-class allocation of Baron Growth Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 114.0% |
BGRFX Performance
Total returns for BGRFX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -12.1% |
| 1 year | -21.4% |
| 3 years (annualised) | -5.7% |
| 5 years (annualised) | -3.6% |
BGRFX Risk Information
Risk metrics for BGRFX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.0%
BGRFX Costs and Fees
BGRFX costs about $160 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.60%
- Gross expense ratio: 1.60%
- Portfolio turnover: 1%
- Brokerage commissions: 0.70 bps of average net assets (SEC N-CEN)
BGRFX Cashflows
Over the 12 months to 2026-03, Baron Growth Fund had net outflows of $1.92B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | −$364.10M |
| 2026-02 | −$201.08M |
| 2026-01 | −$315.97M |
| 2025-12 | $337.13M |
| 2025-11 | −$314.44M |
| 2025-10 | −$231.72M |
BGRFX Debt Constituents
No individual debt constituents are reported in Baron Growth Fund's latest SEC N-PORT filing.
BGRFX Prospectus and SEC Filings
Official Baron Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Mid Cap Growth Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.