v3.26.1
Label Element Value
Davis Real Estate Fund | Davis Series  
Prospectus [Line Items] oef_ProspectusLineItems  
Risk/Return [Heading] oef_RiskReturnHeading Davis Real Estate Fund
Objective [Heading] oef_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] oef_ObjectivePrimaryTextBlock
The Fund seeks total return through a combination of growth and income.
Expense Heading [Optional Text] oef_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] oef_ExpenseNarrativeTextBlock
This table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and examples below. You may qualify for sales charge discounts with respect to Class A shares if you and your family invest, or agree to invest in the future, at least $100,000 in Davis Funds. More information about these and other discounts is available from your financial intermediary and in “How to Choose a Share Class” on page 45 of the Fund’s prospectus and “Selecting the Appropriate Class of Shares” on page 35 of the Fund’s statement of additional information. In addition, descriptions of the sales load waivers and/or discounts for Class A shares with respect to certain financial intermediaries are reproduced in “Appendix A: Intermediary-Specific Sales Charge Waivers and Discounts” to the prospectus based on information provided by the financial intermediary. 
Fee Waiver or Reimbursement over Assets, Date of Termination oef_FeeWaiverOrReimbursementOverAssetsDateOfTermination May 01, 2027
Expense Breakpoint Discounts [Text] oef_ExpenseBreakpointDiscounts You may qualify for sales charge discounts with respect to Class A shares if you and your family invest, or agree to invest in the future, at least $100,000 in Davis Funds.
Expense Breakpoint, Minimum Investment Required [Amount] oef_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 100,000
Expense Example [Heading] oef_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] oef_ExpenseExampleNarrativeTextBlock
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: 
Portfolio Turnover [Heading] oef_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] oef_PortfolioTurnoverTextBlock
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 17% of the average value of its portfolio.
Portfolio Turnover, Rate oef_PortfolioTurnoverRate 17.00%
Strategy [Heading] oef_StrategyHeading Principal Investment Strategies of the Fund
Strategy Narrative [Text Block] oef_StrategyNarrativeTextBlock
Davis Selected Advisers, L.P. (“Davis Advisors” or the “Adviser”), the Fund’s investment adviser, uses the Davis Investment Discipline to invest, under normal market conditions, at least 80% of the Fund’s net assets, plus any borrowing for investment purposes, in securities issued by companies principally engaged in the real estate industry. The Fund invests principally in common stocks of domestic companies and may invest in foreign companies (including indirect holdings of a foreign issuer’s common stock through Depositary Receipts (as defined below)).
A company is principally engaged in the real estate industry if it owns real estate or real estate-related assets that constitute at least 50% of the value of all of its assets, or if it derives at least 50% of its revenues or net profits from owning, financing, developing, managing or selling real estate, or from offering products or services that are related to real estate. Issuers of real estate securities include real estate investment trusts (“REITs”), brokers, developers, lenders and companies with substantial real estate holdings, such as paper, lumber, hotel and entertainment companies. Most of the Fund’s real estate securities are, and will likely continue to be, interests in publicly traded REITs. REITs pool investors’ funds to make real estate-related investments, such as buying interests in income-producing property or making loans to real estate developers.
Davis Investment Discipline. Davis Advisors manages equity funds using the Davis Investment Discipline. Davis Advisors conducts extensive research to try to identify businesses that possess characteristics that Davis Advisors believes foster the creation of long-term value, such as proven management, a durable franchise and business model, and sustainable competitive advantages. Davis Advisors aims to invest in such businesses when they are trading at discounts to their intrinsic worth. Davis Advisors emphasizes individual stock selection and believes that the ability to evaluate management is critical. Davis Advisors routinely visits managers at their places of business in order to gain insight into the relative value of different businesses. Such research, however rigorous, involves predictions and forecasts that are inherently uncertain. After determining which companies Davis Advisors believes the Fund should own, Davis Advisors then turns its analysis to determining the intrinsic value of those companies’ equity securities. Davis Advisors seeks companies whose equity securities can be purchased at a discount from Davis Advisors’ estimate of the company’s intrinsic value based upon fundamental analysis of cash flows, assets and liabilities, and other criteria that Davis Advisors deems to be material on a company-by-company basis. Davis Advisors’ goal is to invest in companies for the long term (ideally, five years or longer, although this goal may not be met). Davis Advisors considers selling a company’s equity securities if the securities’ market price exceeds Davis Advisors’ estimates of intrinsic value, if the ratio of the risks and rewards of continuing to own the company’s equity securities is no longer attractive, to raise cash to purchase a more attractive investment opportunity, to satisfy net redemptions, or for other purposes.
Strategy Portfolio Concentration [Text] oef_StrategyPortfolioConcentration (“Davis Advisors” or the “Adviser”), the Fund’s investment adviser, uses the Davis Investment Discipline to invest, under normal market conditions, at least 80% of the Fund’s net assets, plus any borrowing for investment purposes, in securities issued by companies principally engaged in the real estate industry.
Bar Chart and Performance Table [Heading] oef_BarChartAndPerformanceTableHeading Performance Results
Performance Narrative [Text Block] oef_PerformanceNarrativeTextBlock
The bar chart below provides some indication of the risks of investing in the Fund by showing how the Fund’s investment results have varied from year to year. The following table shows how the Fund’s average annual total returns, for the periods indicated, compare with the S&P 500 Index, a broad-based securities market index, and of the Wilshire U.S. Real Estate Securities Index. The Wilshire U.S. Real Estate Securities Index is a measure of the performance of publicly traded real estate securities. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. Updated information on the Fund’s results can be obtained by visiting www.davisfunds.com or by calling 1-800-279-0279.
After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. After-tax returns are shown only for Class A shares; after-tax returns for other share classes will vary.
Performance Information Illustrates Variability of Returns [Text] oef_PerformanceInformationIllustratesVariabilityOfReturns The bar chart below provides some indication of the risks of investing in the Fund by showing how the Fund’s investment results have varied from year to year.
Performance Availability Phone [Text] oef_PerformanceAvailabilityPhone 1-800-279-0279
Performance Availability Website Address [Text] oef_PerformanceAvailabilityWebSiteAddress www.davisfunds.com
Performance Past Does Not Indicate Future [Text] oef_PerformancePastDoesNotIndicateFuture The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] oef_BarChartHeading Calendar Year Total Returns for Class A Shares (Sales loads are not reflected in the bar chart and, if these amounts were reflected, returns would be less than those shown.)
Bar Chart Does Not Reflect Sales Loads [Text] oef_BarChartDoesNotReflectSalesLoads (Sales loads are not reflected in the bar chart and, if these amounts were reflected, returns would be less than those shown.)
Bar Chart Closing [Text Block] oef_BarChartClosingTextBlock
 
Returns
Period Ending
Highest
Quarter
16.64%
March 31, 2019
Lowest
Quarter
-26.34%
March 31, 2020
Year-to-Date
-1.45%
March 31, 2026
Year to Date Return, Label [Optional Text] oef_YearToDateReturnLabel Year-to-Date
Bar Chart, Year to Date Return, Date oef_BarChartYearToDateReturnDate Mar. 31, 2026
Bar Chart, Year to Date Return oef_BarChartYearToDateReturn (1.45%)
Highest Quarterly Return, Label [Optional Text] oef_HighestQuarterlyReturnLabel Highest
Highest Quarterly Return, Date oef_BarChartHighestQuarterlyReturnDate Mar. 31, 2019
Highest Quarterly Return oef_BarChartHighestQuarterlyReturn 16.64%
Lowest Quarterly Return, Label [Optional Text] oef_LowestQuarterlyReturnLabel Lowest
Lowest Quarterly Return, Date oef_BarChartLowestQuarterlyReturnDate Mar. 31, 2020
Lowest Quarterly Return oef_BarChartLowestQuarterlyReturn (26.34%)
Index No Deduction for Fees, Expenses, or Taxes [Text] oef_IndexNoDeductionForFeesExpensesTaxes reflects no deduction for fees, expenses or taxes
Performance Table Uses Highest Federal Rate oef_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred oef_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] oef_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown only for Class A shares; after-tax returns for other share classes will vary.
Performance Table Closing [Text Block] oef_PerformanceTableClosingTextBlock
Yield for Class A Shares
(For the period ended December 31, 2025)
 
30-Day SEC Yield
2.32%
You can obtain the Fund’s most recent 30-day SEC Yield by calling Investor Services toll-free at 1-800-279-0279, Monday through Friday, from 9 a.m. to 6 p.m. Eastern Time.
Thirty Day Yield Caption [Optional Text] oef_ThirtyDayYieldCaption Yield for Class A Shares (For the period ended December 31, 2025)
Thirty Day Yield Phone oef_ThirtyDayYieldPhone 1-800-279-0279
Thirty Day Yield oef_ThirtyDayYield 2.32%
Davis Real Estate Fund | Davis Series | Risk Not Insured Depository Institution [Member]  
Prospectus [Line Items] oef_ProspectusLineItems  
Risk [Text Block] oef_RiskTextBlock
An investment in the Fund is not a deposit of the bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
Davis Real Estate Fund | Davis Series | Risk Lose Money [Member]  
Prospectus [Line Items] oef_ProspectusLineItems  
Risk [Text Block] oef_RiskTextBlock You may lose money by investing in the Fund.
Davis Real Estate Fund | Davis Series | Stock Market Risk [Member]  
Prospectus [Line Items] oef_ProspectusLineItems  
Risk [Text Block] oef_RiskTextBlock
Stock Market Risk. Stock markets tend to move in cycles, with periods of rising prices and periods of falling prices, including the possibility of sharp declines.
Davis Real Estate Fund | Davis Series | Common Stock Risk [Member]  
Prospectus [Line Items] oef_ProspectusLineItems  
Risk [Text Block] oef_RiskTextBlock
Common Stock Risk. Common stock represents an ownership position in a company. An adverse event may have a negative impact on a company and could result in a decline in the price of its common stock. Common stock is generally subordinate to an issuer’s other securities, including preferred, convertible, and debt securities.
Davis Real Estate Fund | Davis Series | Real Estate Risk [Member]  
Prospectus [Line Items] oef_ProspectusLineItems  
Risk [Text Block] oef_RiskTextBlock
Real Estate Risk. Real estate securities are susceptible to the many risks associated with the direct ownership of real estate, including declines in property values, increases in property taxes, operating expenses, interest rates or competition, overbuilding, changes in zoning laws, or losses from casualty or condemnation.
Davis Real Estate Fund | Davis Series | Headline Risk [Member]  
Prospectus [Line Items] oef_ProspectusLineItems  
Risk [Text Block] oef_RiskTextBlock
Headline Risk. The Fund may invest in a company when the company becomes the center of controversy after receiving adverse media attention concerning its operations, long-term prospects, management, or for other reasons. While Davis Advisors researches companies subject to such contingencies, it cannot be correct every time, and the company’s stock may never recover or may become worthless.
Davis Real Estate Fund | Davis Series | Large-Capitalization Companies Risk [Member]  
Prospectus [Line Items] oef_ProspectusLineItems  
Risk [Text Block] oef_RiskTextBlock
Large-Capitalization Companies Risk. Companies with $10 billion or more in market capitalization are considered by the Adviser to be large-capitalization companies. Large-capitalization companies generally experience slower rates of growth in earnings per share than do mid- and small-capitalization companies.
Davis Real Estate Fund | Davis Series | Manager Risk [Member]  
Prospectus [Line Items] oef_ProspectusLineItems  
Risk [Text Block] oef_RiskTextBlock
Manager Risk. Poor security selection or focus on securities in a particular sector, category, or group of companies may cause the Fund to underperform relevant benchmarks or other funds with a similar investment objective. Even if the Adviser implements the intended investment strategies, the implementation of the strategies may be unsuccessful in achieving the Fund’s investment objective.
Davis Real Estate Fund | Davis Series | Fees and Expenses Risk [Member]  
Prospectus [Line Items] oef_ProspectusLineItems  
Risk [Text Block] oef_RiskTextBlock
Fees and Expenses Risk. The Fund may not earn enough through income and capital appreciation to offset the operating expenses of the Fund. All mutual funds incur operating fees and expenses. Fees and expenses reduce the return that a shareholder may earn by investing in a fund, even when a fund has favorable performance. A low-return environment, or a bear market, increases the risk that a shareholder may lose money.
Davis Real Estate Fund | Davis Series | Mid- and Small-Capitalization Companies Risk [Member]  
Prospectus [Line Items] oef_ProspectusLineItems  
Risk [Text Block] oef_RiskTextBlock
Mid- and Small-Capitalization Companies Risk. Companies with less than $10 billion in market capitalization are considered by the Adviser to be mid- or small-capitalization companies. Mid- and small-capitalization companies typically have more limited product lines, markets, and financial resources than larger companies and their securities may trade less frequently and in more limited volume than those of larger, more mature companies.
Davis Real Estate Fund | Davis Series | Variable Current Income Risk [Member]  
Prospectus [Line Items] oef_ProspectusLineItems  
Risk [Text Block] oef_RiskTextBlock
Variable Current Income Risk. The income that the Fund pays to investors is not stable.
Davis Real Estate Fund | Davis Series | Class A  
Prospectus [Line Items] oef_ProspectusLineItems  
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) oef_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 4.75%
Maximum Deferred Sales Charge (as a percentage of Offering Price) oef_MaximumDeferredSalesChargeOverOfferingPrice 0.50% [1]
Redemption Fee (as a percentage of Amount Redeemed) oef_RedemptionFeeOverRedemption 0.00%
Management Fees (as a percentage of Assets) oef_ManagementFeesOverAssets 0.55%
Distribution and Service (12b-1) Fees oef_DistributionAndService12b1FeesOverAssets 0.19%
Other Expenses (as a percentage of Assets): oef_OtherExpensesOverAssets 0.28%
Acquired Fund Fees and Expenses oef_AcquiredFundFeesAndExpensesOverAssets 1.00%
Expenses (as a percentage of Assets) oef_ExpensesOverAssets 1.02%
Fee Waiver or Reimbursement oef_FeeWaiverOrReimbursementOverAssets (0.02%) [1]
Expense Example, with Redemption, 1 Year oef_ExpenseExampleYear01 $ 572
Expense Example, with Redemption, 3 Years oef_ExpenseExampleYear03 782
Expense Example, with Redemption, 5 Years oef_ExpenseExampleYear05 1,010
Expense Example, with Redemption, 10 Years oef_ExpenseExampleYear10 1,662
Expense Example, No Redemption, 1 Year oef_ExpenseExampleNoRedemptionYear01 572
Expense Example, No Redemption, 3 Years oef_ExpenseExampleNoRedemptionYear03 782
Expense Example, No Redemption, 5 Years oef_ExpenseExampleNoRedemptionYear05 1,010
Expense Example, No Redemption, 10 Years oef_ExpenseExampleNoRedemptionYear10 $ 1,662
Davis Real Estate Fund | Davis Series | Class C  
Prospectus [Line Items] oef_ProspectusLineItems  
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) oef_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 0.00%
Maximum Deferred Sales Charge (as a percentage of Offering Price) oef_MaximumDeferredSalesChargeOverOfferingPrice 1.00% [2]
Redemption Fee (as a percentage of Amount Redeemed) oef_RedemptionFeeOverRedemption 0.00%
Management Fees (as a percentage of Assets) oef_ManagementFeesOverAssets 0.55%
Distribution and Service (12b-1) Fees oef_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses (as a percentage of Assets): oef_OtherExpensesOverAssets 0.84%
Acquired Fund Fees and Expenses oef_AcquiredFundFeesAndExpensesOverAssets 1.75%
Expenses (as a percentage of Assets) oef_ExpensesOverAssets 2.39%
Fee Waiver or Reimbursement oef_FeeWaiverOrReimbursementOverAssets (0.64%) [1]
Expense Example, with Redemption, 1 Year oef_ExpenseExampleYear01 $ 278
Expense Example, with Redemption, 3 Years oef_ExpenseExampleYear03 684
Expense Example, with Redemption, 5 Years oef_ExpenseExampleYear05 1,218
Expense Example, with Redemption, 10 Years oef_ExpenseExampleYear10 2,333
Expense Example, No Redemption, 1 Year oef_ExpenseExampleNoRedemptionYear01 178
Expense Example, No Redemption, 3 Years oef_ExpenseExampleNoRedemptionYear03 684
Expense Example, No Redemption, 5 Years oef_ExpenseExampleNoRedemptionYear05 1,218
Expense Example, No Redemption, 10 Years oef_ExpenseExampleNoRedemptionYear10 $ 2,333
Davis Real Estate Fund | Davis Series | Class Y  
Prospectus [Line Items] oef_ProspectusLineItems  
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) oef_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 0.00%
Maximum Deferred Sales Charge (as a percentage of Offering Price) oef_MaximumDeferredSalesChargeOverOfferingPrice 0.00%
Redemption Fee (as a percentage of Amount Redeemed) oef_RedemptionFeeOverRedemption 0.00%
Management Fees (as a percentage of Assets) oef_ManagementFeesOverAssets 0.55%
Distribution and Service (12b-1) Fees oef_DistributionAndService12b1FeesOverAssets 0.00%
Other Expenses (as a percentage of Assets): oef_OtherExpensesOverAssets 0.19%
Acquired Fund Fees and Expenses oef_AcquiredFundFeesAndExpensesOverAssets 0.74%
Expenses (as a percentage of Assets) oef_ExpensesOverAssets 0.74%
Fee Waiver or Reimbursement oef_FeeWaiverOrReimbursementOverAssets 0.00% [1]
Expense Example, with Redemption, 1 Year oef_ExpenseExampleYear01 $ 76
Expense Example, with Redemption, 3 Years oef_ExpenseExampleYear03 237
Expense Example, with Redemption, 5 Years oef_ExpenseExampleYear05 411
Expense Example, with Redemption, 10 Years oef_ExpenseExampleYear10 918
Expense Example, No Redemption, 1 Year oef_ExpenseExampleNoRedemptionYear01 76
Expense Example, No Redemption, 3 Years oef_ExpenseExampleNoRedemptionYear03 237
Expense Example, No Redemption, 5 Years oef_ExpenseExampleNoRedemptionYear05 411
Expense Example, No Redemption, 10 Years oef_ExpenseExampleNoRedemptionYear10 $ 918
Davis Series | S&P 500 Index reflects no deduction for fees, expenses or taxes  
Prospectus [Line Items] oef_ProspectusLineItems  
Average Annual Return, Percent oef_AvgAnnlRtrPct 17.88%
Average Annual Return, Percent oef_AvgAnnlRtrPct 14.42%
Average Annual Return, Percent oef_AvgAnnlRtrPct 14.81%
Davis Series | Wilshire U.S. Real Estate Securities Index reflects no deduction for fees, expenses or taxes  
Prospectus [Line Items] oef_ProspectusLineItems  
Average Annual Return, Percent oef_AvgAnnlRtrPct 3.47%
Average Annual Return, Percent oef_AvgAnnlRtrPct 7.04%
Average Annual Return, Percent oef_AvgAnnlRtrPct 5.74%
Davis Series | Class A  
Prospectus [Line Items] oef_ProspectusLineItems  
Annual Return [Percent] oef_AnnlRtrPct 9.71%
Annual Return [Percent] oef_AnnlRtrPct 8.30%
Annual Return [Percent] oef_AnnlRtrPct (4.52%)
Annual Return [Percent] oef_AnnlRtrPct 25.39%
Annual Return [Percent] oef_AnnlRtrPct (8.23%)
Annual Return [Percent] oef_AnnlRtrPct 43.24%
Annual Return [Percent] oef_AnnlRtrPct (26.74%)
Annual Return [Percent] oef_AnnlRtrPct 10.46%
Annual Return [Percent] oef_AnnlRtrPct 4.89%
Annual Return [Percent] oef_AnnlRtrPct (5.72%)
Average Annual Return, Percent oef_AvgAnnlRtrPct (10.20%)
Average Annual Return, Percent oef_AvgAnnlRtrPct 1.77%
Average Annual Return, Percent oef_AvgAnnlRtrPct 3.61%
Davis Series | Class A | After Taxes on Distributions  
Prospectus [Line Items] oef_ProspectusLineItems  
Average Annual Return, Percent oef_AvgAnnlRtrPct (12.00%)
Average Annual Return, Percent oef_AvgAnnlRtrPct 0.51%
Average Annual Return, Percent oef_AvgAnnlRtrPct 2.36%
Davis Series | Class A | After Taxes on Distributions and Sales  
Prospectus [Line Items] oef_ProspectusLineItems  
Average Annual Return, Percent oef_AvgAnnlRtrPct (5.43%)
Average Annual Return, Percent oef_AvgAnnlRtrPct 1.02%
Average Annual Return, Percent oef_AvgAnnlRtrPct 2.43%
Davis Series | Class C  
Prospectus [Line Items] oef_ProspectusLineItems  
Average Annual Return, Percent oef_AvgAnnlRtrPct (7.33%)
Average Annual Return, Percent oef_AvgAnnlRtrPct 1.96%
Average Annual Return, Percent oef_AvgAnnlRtrPct 3.42%
Davis Series | Class Y  
Prospectus [Line Items] oef_ProspectusLineItems  
Average Annual Return, Percent oef_AvgAnnlRtrPct (5.47%)
Average Annual Return, Percent oef_AvgAnnlRtrPct 3.03%
Average Annual Return, Percent oef_AvgAnnlRtrPct 4.35%
[1] Only applies if you buy shares valued at $1 million or more without a sales charge and sell the shares within one year of purchase.
[2] Only applies in the first year after purchase.