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Fidelity Magellan Fund

FMAGX
Large Growth
Fidelity

Seeks capital appreciation by investing in companies with above-average growth potential.

Expense Ratio
0.01%
What's an expense ratio?
5-Year Return
+0.19%
How to read fund performance
Volatility
+0.26%
What is volatility?
Total Assets
$33066.6M
Performance History
1-Year Return+0.24%
3-Year Return+0.31%
5-Year Return+0.19%
10-Year ReturnN/A
Fund Details
Minimum Investment$0
Inception Date1963-05-02
Assets Under Management$33,066,633,216 M
Data Last UpdatedApr 13, 2026
How to Invest in FMAGX

Buy directly from Fidelity

Fidelity funds can be purchased directly through their website, typically with no transaction fee.0

Visit Fidelity.com

Affiliate disclosure: Some links on this page are affiliate links. If you open an account through a link on this site, we may earn a commission at no additional cost to you. This does not influence our fund data or analysis. Learn more.

Investment Calculators

Fee Impact Calculator

Fee Impact Calculator
See how fees would impact your investment in Fidelity Magellan Fund
Calculating for:
FMAGX

Fidelity Magellan Fund

Pre-filled with FMAGX's historical average return

FMAGX's actual expense ratio

Comparison fund (e.g., actively managed)

Results
Future value after 30 years
Enter your values and click “Calculate Impact” to see results

Note: This calculator uses simplified assumptions based on FMAGX's historical performance. It does not account for taxes, inflation, or varying returns. Past performance does not guarantee future results.

Return Simulator

Return Projection Simulator
Project your portfolio's future value with Fidelity Magellan Fund
Projecting for:
FMAGX

Fidelity Magellan Fund

How much are you investing today?

How much will you contribute each month?

How long will you invest for?

Pre-filled with FMAGX's historical average return

Projection Results
Estimated portfolio value after 30 years
Enter your parameters and click “Simulate Returns” to see projections

Important: This projection uses simplified assumptions based on FMAGX's historical performance. Actual investment returns vary year-to-year. Past performance does not guarantee future results. This tool is for educational purposes only.

Similar Funds in Large Growth

VIGAX
Vanguard

Vanguard Growth Index Fd Admira

Expense Ratio0.00%
5-Year Return+11.85%
VSGAX
Vanguard

Vanguard Small-Cap Growth Index

Expense Ratio0.00%
5-Year Return+3.24%
FSEVX
Fidelity

Fidelity Extended Market Index

Expense Ratio0.00%
5-Year Return+12.30%
VPMAX
Vanguard

Vanguard Primecap Fund Admiral Shares

Expense Ratio0.00%
5-Year Return+23.11%

Frequently Asked Questions

What is FMAGX?

FMAGX is the ticker symbol for Fidelity Magellan Fund, a Large Growth mutual fund managed by Fidelity. Seeks capital appreciation by investing in companies with above-average growth potential.

What is the expense ratio for FMAGX?

FMAGX has an expense ratio of 0.01% per year. On a $10,000 investment, that amounts to roughly $1 annually in fund fees. This is considered a very low-cost fund.

How has FMAGX performed historically?

FMAGX has posted a 1-year return of +0.24%, 3-year return of +0.31%, 5-year return of +0.19%. Past performance does not guarantee future results. Returns are annualized for periods greater than one year.

What is the minimum investment for FMAGX?

FMAGX has no minimum initial investment requirement, making it accessible to all investors regardless of account size.

Is FMAGX a good investment?

Whether FMAGX is right for you depends on your investment goals, time horizon, and risk tolerance. Key factors to evaluate include its 0.01% expense ratio, Large Growth category exposure, historical returns, and how it fits within your broader portfolio. We recommend comparing it against similar funds in the same category and consulting a qualified financial advisor.

Important: Past performance does not guarantee future results. This information is provided for educational purposes only and should not be considered investment advice. Please consult with a financial advisor before making investment decisions.

Compare Mutual Funds LogoCMF

Compare mutual funds with transparent, data-driven insights. Make informed investment decisions.

Product

  • Compare Funds
  • Learning Center
  • Fee Calculator
  • Return Simulator

Company

  • About Us

Legal

  • Disclosures
  • Privacy Policy
  • Terms of Service

© 2026 CompareMutualFunds. All rights reserved.

Investment information provided for educational purposes only. Past performance does not guarantee future results.