MSMFX — Discovery Portfolio
Data updated: 2026-08-21
MSMFX — Discovery Portfolio. United States Mid Cap Growth Equity · $801.46M AUM · 1.78% expense ratio. Holdings, fees, performance and SEC filings.
MSMFX Fund Overview
MSMFX — Discovery Portfolio is a US mutual fund managed by Morgan Stanley Institutional Fund Trust, 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: Morgan Stanley Institutional Fund Trust
- Category: United States Mid Cap Growth Equity
- Assets under management: $801.46M
- 1-year return: -4.6%
- Ticker: MSMFX
- SEC CIK: 0000741375
- SEC series ID: S000004127
- Share class ID: C000155934
MSMFX Holdings
Top 10 holdings of Discovery Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Cloudflare Inc | 13.90% |
| Royalty Pharma PLC | 9.29% |
| Affirm Holdings Inc | 7.46% |
| Aurora Innovation Inc | 7.11% |
| IonQ Inc | 6.03% |
| Roivant Sciences Ltd | 5.48% |
| Databricks, Inc. Series H Preferred Shares | 4.66% |
| QXO Inc | 4.46% |
| ROBLOX Corp | 4.14% |
| Opendoor Technologies Inc | 3.63% |
MSMFX Portfolio Allocation
Asset-class allocation of Discovery Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.0% |
| Cash & Equivalents | 2.7% |
MSMFX Performance
Total returns for MSMFX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.9% |
| 1 year | -4.6% |
| 3 years (annualised) | 22.1% |
| 5 years (annualised) | -7.0% |
MSMFX Risk Information
Risk metrics for MSMFX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 19.9%
MSMFX Costs and Fees
MSMFX costs about $178 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.78%
- Gross expense ratio: 1.78%
- Portfolio turnover: 88%
- Brokerage commissions: 7.62 bps of average net assets (SEC N-CEN)
MSMFX Cashflows
Over the 12 months to 2026-06, Discovery Portfolio had net outflows of $368.14M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$21.17M |
| 2026-05 | −$30.98M |
| 2026-04 | −$3.39M |
| 2026-03 | −$19.09M |
| 2026-02 | −$29.13M |
| 2026-01 | −$31.18M |
MSMFX Debt Constituents
No individual debt constituents are reported in Discovery Portfolio's latest SEC N-PORT filing.
MSMFX Prospectus and SEC Filings
Official Discovery Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-01-28
- Prospectus (485BPOS) — filed 2025-01-28
- Prospectus supplement (497) — filed 2025-01-31
- Portfolio holdings (N-PORT) — filed 2026-08-21
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2025-12-09
- Annual census (N-CEN) — filed 2024-12-10
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.