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VIGAX Index Fund

Vanguard Growth Index Fund Admiral Shares

Vanguard · Large Growth · Inception 2000
Expense Ratio
0.05%
Cost per $10k/yr
$5
Minimum
$3,000
Type
Index

Figures last verified October 31, 2026

Tracks the CRSP US Large Cap Growth Index — large companies with above-average growth characteristics.

VIGAX is what you buy when you want the Magnificent-Seven-and-friends exposure of a growth fund without paying a manager 0.70% to deliver what an index does for 0.05%. It's concentrated where growth indexes are always concentrated — the top ten holdings are a huge share of assets, dominated by the mega-cap tech names — so understand that you're buying a focused bet on the market's most expensive companies continuing to earn their multiples.

Its long-run record against active growth funds is the quiet punchline: most of the famous names — Contrafund, Blue Chip Growth, the celebrated stock-pickers — have struggled to beat this brainless index after fees over extended periods. Growth investing turns out to be a category where paying for genius has been particularly hard to justify. If you want growth, buy it cheap; if you want the whole market, VTSAX already includes every stock in here.

Best for

Indexed large-growth exposure without active-management fees.

VIGAX alternatives & comparable funds

If you’re weighing VIGAX against the field, these are the funds most investors line it up against — same job, different provider, slightly different terms.

FundFamilyExpense RatioMinimum
VIGAX — Vanguard Growth Index Fund… Vanguard 0.05% $3,000
FSPGX — Fidelity Large Cap Growth Index Fund Fidelity 0.035% $0
TRBCX — T. Rowe Price Blue Chip Growth Fund T. Rowe Price 0.70% $2,500
FBGRX — Fidelity Blue Chip Growth Fund Fidelity 0.72% $0
VVIAX — Vanguard Value Index Fund … Vanguard 0.05% $3,000

Head-to-head comparisons

Frequently asked questions

What is the expense ratio of VIGAX?

VIGAX (Vanguard Growth Index Fund Admiral Shares) has an expense ratio of 0.05%, which works out to roughly $5 per year for every $10,000 invested. That is very low by industry standards, where the average fund still charges well over 0.40%.

What is the minimum investment for VIGAX?

VIGAX requires a minimum initial investment of $3,000.

What does VIGAX invest in?

Tracks the CRSP US Large Cap Growth Index — large companies with above-average growth characteristics. It falls in the large growth category and is an index fund.

What are good alternatives to VIGAX?

The funds most often compared with VIGAX are FSPGX, TRBCX, FBGRX — broadly similar exposure from different providers, with small differences in fee, minimum, and portability that usually come down to which brokerage holds your account.

NB
Nathan Blake · Editor, Mutual Fund Reviewer

Nathan Blake has spent fifteen years writing about index investing, retirement accounts, and the quiet math of expense ratios. He is not a licensed financial advisor, and nothing on this site is personalized investment advice — he is an editor who reads prospectuses so you don't have to. His own portfolio is three index funds and a rebalancing calendar reminder.


Expense ratio and minimum for VIGAX drawn from Vanguard fund documentation; last verified October 31, 2026. Figures change — confirm against the official prospectus before investing. This review is editorial opinion, not investment advice.