The new financial year is approaching, and I still want growth at the centre of my ASX portfolio.
There are a lot of options to pick from, but these are five ASX growth shares I would consider owning in FY27:
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Pro Medicus Ltd (ASX: PME)
I think Pro Medicus is one of the highest-quality software businesses on the ASX.
Its Visage imaging platform helps healthcare providers manage and view large medical imaging files. That may sound technical, but the value is easy to understand. Doctors and radiologists need fast, reliable systems that help them work through complex cases and make timely decisions.
Medical imaging is becoming more data-heavy, and hospitals need software that can keep up. I think Pro Medicus is well placed because it operates in a specialist market where performance really counts.
For a long-term portfolio, I like the combination of healthcare need, software economics, and global opportunity.
WiseTech Global Ltd (ASX: WTC)
WiseTech is another ASX growth share I would want to own.
Global logistics is full of friction. Goods move through ports, warehouses, carriers, freight forwarders, customs systems, and regulators. A single shipment can involve multiple parties, documents, currencies, time zones, and compliance rules.
WiseTech's CargoWise platform helps logistics companies manage that complexity.
I like software that becomes part of how a customer actually runs its business. If a system helps reduce manual work, improve visibility, and manage compliance, it can become hard to replace.
WiseTech still needs to execute well, especially after acquisitions. But I think its role in the machinery of global trade gives it a long growth runway.
Xero Ltd (ASX: XRO)
Xero is a business I would include because small business finance is still being rebuilt for the digital age.
The company started with accounting software, but I think the bigger opportunity is helping small businesses manage more of their financial lives in one place. Invoicing, payroll, payments, tax, reporting, cash flow, and bank feeds can all be part of the same daily workflow.
That workflow is important because small business owners often want fewer systems, less admin, and better visibility.
Xero's challenge is to keep deepening its usefulness without losing simplicity. If it can do that, I think it can become even more valuable to customers over time, particularly as automation and artificial intelligence improve everyday financial tasks.
Life360 Inc. (ASX: 360)
Life360 is a very different type of ASX growth share.
The company sits inside family life. Its app helps users keep track of loved ones, locations, driving, safety, and connected devices. That gives it an emotional layer that many consumer technology businesses do not have.
I think that is powerful. If a product becomes part of how families coordinate, communicate, and feel safer, it can earn a place in daily routines. From there, Life360 has several ways to grow, including subscriptions, advertising, Tile devices, driving-related features, and broader family safety tools.
Trust and privacy are crucial, and the company must keep handling those issues carefully. But I like the size of the user base and the potential to build more services around it.
Hub24 Ltd (ASX: HUB)
Hub24 is the wealth platform share I would want in this group.
Australia's wealth system is large, and advisers need technology that helps them manage portfolios, reporting, administration, and client communication more efficiently.
Hub24 benefits if more advisers choose its platform, but I think the attraction goes deeper than funds under administration. A good platform can become part of the adviser's operating model. It can shape how portfolios are built, monitored, reported, and adjusted.
That creates a valuable position if the company keeps winning trust. I think Hub24 has the right exposure to long-term trends in advice, retirement, and wealth management.
Foolish takeaway
The growth shares I want for FY27 are not all chasing the same opportunity.
That is what appeals to me. Healthcare imaging, logistics software, small business finance, family safety, and wealth platforms all have their own engines of demand. Each business has a chance to become more useful to customers as its market becomes more digital, more complex, or more data-driven.
There will be volatility, and not every year will look tidy. But if I were building an ASX growth portfolio for FY27 and beyond, these are the kinds of businesses I would want working for me.
