There are plenty of choices in the Large Cap Value category, but where should you start your research? Well, one fund that might be worth investigating is JPMorgan Large Cap Value Fund A (OLVAX). OLVAX bears a Zacks Mutual Fund Rank of 1 (Strong Buy), which is based on nine forecasting factors like size, cost, and past performance.ObjectiveLarge Cap Value mutual funds invest in stocks with a market capitalization of $10 billion or more, but whose share prices do not reflect their intrinsic value; this value investing strategy often leads to low P/E ratios and high dividend yields, though growth levels are often curtailed. The high-growth opportunity of these funds are slowed even further, as large-cap securities are generally in stable industries with low to moderate growth prospects. Therefore, Large Cap Value funds are usually more appealing to investors who are interested in a stable income stream.History of Fund/ManagerOLVAX is a part of the J.P. Morgan family of funds, a company based out of Boston, MA. The JPMorgan Large Cap Value Fund A made its debut in February of 1992 and OLVAX has managed to accumulate roughly $179.13 million in assets, as of the most recently available information. The fund is currently managed by Scott Blasdell who has been in charge of the fund since April of 2013.PerformanceOf course, investors look for strong performance in funds. OLVAX has a 5-year annualized total return of 14.3% and it sits in the top third among its category peers. Investors who prefer analyzing shorter time frames should look at its 3-year annualized total return of 12.96%, which places it in the top third during this time-frame.When looking at a fund's performance, it is also important to note the standard deviation of the returns. The lower the standard deviation, the less volatility the fund experiences. Compared to the category average of 15.76%, the standard deviation of OLVAX over the past three years is 26.13%. Looking at the past 5 years, the fund's standard deviation is 21.34% compared to the category average of 13.21%. This makes the fund more volatile than its peers over the past half-decade.Risk FactorsInvestors should note that the fund has a 5-year beta of 1.31, so it is likely going to be more volatile than the market at large. Because alpha represents a portfolio's performance on a risk-adjusted basis relative to a benchmark, which is the S&P 500 in this case, one should pay attention to this metric as well. OLVAX has generated a negative alpha over the past five years of -5.08, demonstrating that managers in this portfolio find it difficult to pick securities that generate better-than-benchmark returns.HoldingsExamining the equity holdings of a mutual fund is also a valuable exercise. This can show us how the manager is applying their stated methodology, as well as if there are any inherent biases in their approach. For this particular fund, the focus is mostly on equities that are traded in the United States.Right now, 84.77% of this mutual fund's holdings are stocks, which have an average market capitalization of $53.91 billion. The fund has the heaviest exposure to the following market sectors: Finance Industrial Cyclical Turnover is about 354%, so those in charge of the fund make more traders than comparable funds in a given year.ExpensesFor investors, taking a closer look at cost-related metrics is key, since costs are increasingly important for mutual fund investing. Competition is heating up in this space, and a lower cost product will likely outperform its otherwise identical counterpart, all things being equal. In terms of fees, OLVAX is a load fund. It has an expense ratio of 0.92% compared to the category average of 1%. From a cost perspective, OLVAX is actually cheaper than its peers.This fund requires a minimum initial investment of $1,000, and each subsequent investment should be at least $50.Bottom LineOverall, JPMorgan Large Cap Value Fund A ( OLVAX ) has a high Zacks Mutual Fund rank, and in conjunction with its comparatively strong performance, worse downside risk, and lower fees, JPMorgan Large Cap Value Fund A ( OLVAX ) looks like a good potential choice for investors right now.Don't stop here for your research on Large Cap Value funds. We also have plenty more on our site in order to help you find the best possible fund for your portfolio. Make sure to check out www.zacks.com/funds/mutual-funds for more information about the world of funds, and feel free to compare OLVAX to its peers as well for additional information. If you are more of a stock investor, make sure to also check out our Zacks Rank, and our full suite of tools we have available for novice and professional investors alike.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Get Your Free (OLVAX): Fund Analysis Report To read this article on Zacks.com click here.