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Mutual Fund for Beginners

Mutual funds for beginners are hand-picked schemes from two of the most suitable categories: Balanced Funds and ELSS (Tax Saving Schemes). Balanced Funds provide a mix of equity and FD-like instruments, aiming for good returns with lower risk. ELSS funds offer a dual benefit?tax savings and wealth growth?making them a smart choice for new investors.

  • This list of hand-picked Mutual Fund Schemes contain Aggressive Hybrid from Balanced category of Schemes and Tax-saving (i.e. ELSS Schemes)
  • ELSS Schemes have lowest lock-in of 3 years while Balanced Funds have no lock-in
  • Suitable for investment horizon of 3 years or more
Show returns & current values for:
ShowReturns foroffor
Investment: 6 Lakh

List of Mutual Fund for Beginners in India sorted by Returns

Motilal Oswal ELSS Tax Saver Fund
AUM
₹3,817 Crs
Current Value
Return (p.a)
+ 24.96% + 85.32% + 19.39% + 177.55% -9.7% -2.87% + 26.0% + 45.57% + 33.41% + 4.79% + 20.98% + 22.58% + 22.01% + 410.92% -3.26% -1.76% + 46.46% + 3.19%
ETM Rank
#NA of NAin ELSS Unranked
Genius only lock
Expense 0.7%
ICICI Prudential Equity & Debt Fund
AUM
₹40,962 Crs
Current Value
Return (p.a)
+ 23.44% + 78.69% + 18.81% + 169.03% + 18.84% + 5.1% + 21.44% + 36.73% + 44.71% + 6.19% + 19.61% + 21.06% + 21.52% + 402.13% + 10.29% + 5.44% + 45.41% + 3.13%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
Genius only lock
Expense 1.0%
DSP ELSS Tax Saver Fund
AUM
₹16,218 Crs
Current Value
Return (p.a)
+ 23.34% + 78.23% + 19.12% + 173.59% + 13.46% + 3.7% + 23.75% + 41.16% + 49.51% + 6.76% + 22.23% + 23.99% + 21.71% + 405.47% + 8.36% + 4.43% + 50.93% + 3.44%
ETM Rank
#NA of NAin ELSS Unranked
Genius only lock
Expense 0.75%
Edelweiss Aggressive Hybrid Fund
AUM
₹2,487 Crs
Current Value
Return (p.a)
+ 20.59% + 66.79% + 16.61% + 138.92% + 10.7% + 2.96% + 20.19% + 34.38% + 33.14% + 4.75% + 17.92% + 19.19% + 19.09% + 360.67% + 7.56% + 4.01% + 38.49% + 2.71%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
Genius only lock
Expense 0.44%
Kotak ELSS Tax Saver Fund
AUM
₹5,863 Crs
Current Value
Return (p.a)
+ 19.75% + 63.44% + 17.36% + 148.86% + 3.3% + 0.94% + 17.63% + 29.64% + 37.58% + 5.32% + 13.88% + 14.76% + 19.15% + 361.6% -1.16% -0.62% + 54.89% + 3.66%
ETM Rank
#NA of NAin ELSS Unranked
Genius only lock
Expense 0.71%
Mirae Asset ELSS Tax Saver Fund
AUM
₹23,945 Crs
Current Value
Return (p.a)
+ 19.21% + 61.3% N.A. + 7.61% + 2.13% + 17.86% + 30.06% + 38.91% + 5.48% + 15.29% + 16.3% + 19.36% + 365.02% + 3.09% + 1.65% + 44.5% + 3.07%
ETM Rank
#NA of NAin ELSS Unranked
Genius only lock
Expense 0.7%
Invesco India ELSS Tax Saver Fund
AUM
₹2,638 Crs
Current Value
Return (p.a)
+ 18.74% + 59.46% + 16.5% + 137.5% + 1.57% + 0.45% + 19.64% + 33.35% + 35.37% + 5.04% + 16.66% + 17.8% + 17.82% + 340.2% + 1.63% + 0.87% + 61.7% + 4.03%
ETM Rank
#NA of NAin ELSS Unranked
Genius only lock
Expense 0.8%
Canara Robeco ELSS Tax Saver
AUM
₹8,277 Crs
Current Value
Return (p.a)
+ 18.14% + 57.16% + 17.36% + 148.77% + 4.23% + 1.2% + 16.74% + 28.02% + 35.04% + 5.0% + 14.27% + 15.18% + 18.59% + 352.51% + 1.69% + 0.91% + 46.84% + 3.21%
ETM Rank
#NA of NAin ELSS Unranked
Genius only lock
Expense 0.56%
Baroda BNP Paribas Aggressive Hybrid Fund
AUM
₹1,150 Crs
Current Value
Return (p.a)
+ 16.74% + 51.86% N.A. + 1.45% + 0.41% + 16.39% + 27.39% + 20.17% + 3.02% + 13.81% + 14.68% + 16.73% + 323.42% + 1.42% + 0.76% + 27.15% + 1.99%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
Genius only lock
Expense 0.58%
Mirae Asset Aggressive Hybrid Fund
AUM
₹8,682 Crs
Current Value
Return (p.a)
+ 15.93% + 48.87% N.A. + 12.3% + 3.39% + 15.79% + 26.31% + 39.36% + 5.54% + 14.37% + 15.29% + 15.6% + 306.82% + 6.91% + 3.67% + 40.07% + 2.81%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
Genius only lock
Expense 0.51%
Sundaram Aggressive Hybrid Fund
AUM
₹5,619 Crs
Current Value
Return (p.a)
+ 15.93% + 48.86% + 14.03% + 108.06% + 9.38% + 2.61% + 15.52% + 25.83% + 35.62% + 5.07% + 14.37% + 15.29% + 15.12% + 299.9% + 5.85% + 3.11% + 40.05% + 2.81%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
Genius only lock
Expense 0.8%
SBI Equity Hybrid Fund
AUM
₹72,555 Crs
Current Value
Return (p.a)
+ 15.87% + 48.64% + 14.14% + 109.3% + 20.37% + 5.49% + 16.6% + 27.78% + 43.23% + 6.01% + 16.88% + 18.04% + 15.18% + 300.69% + 12.08% + 6.37% + 47.09% + 3.22%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
Genius only lock
Expense 0.74%
Canara Robeco Equity Hybrid Fund
AUM
₹10,372 Crs
Current Value
Return (p.a)
+ 15.63% + 47.79% + 14.76% + 116.37% + 9.07% + 2.52% + 15.78% + 26.28% + 34.79% + 4.96% + 14.33% + 15.25% + 15.63% + 307.19% + 5.71% + 3.04% + 44.07% + 3.05%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
Genius only lock
Expense 0.6%
Axis ELSS Tax Saver Fund
AUM
₹34,176 Crs
Current Value
Return (p.a)
+ 14.77% + 44.69% + 14.14% + 109.29% + 11.38% + 3.15% + 16.73% + 28.01% + 43.62% + 6.06% + 15.72% + 16.77% + 14.48% + 290.76% + 5.6% + 2.98% + 48.12% + 3.28%
ETM Rank
#NA of NAin ELSS Unranked
Genius only lock
Expense 0.77%
Aditya Birla Sun Life ELSS Tax Saver Fund
AUM
₹14,462 Crs
Current Value
Return (p.a)
+ 13.61% + 40.6% + 12.0% + 86.7% + 6.8% + 1.91% + 15.11% + 25.08% + 39.79% + 5.59% + 13.45% + 14.29% + 12.58% + 265.14% + 1.27% + 0.68% + 48.38% + 3.3%
ETM Rank
#NA of NAin ELSS Unranked
Genius only lock
Expense 1.03%
DSP Dynamic Asset Allocation Fund
AUM
₹3,217 Crs
Current Value
Return (p.a)
+ 12.74% + 37.62% + 11.22% + 79.11% + 12.43% + 3.42% + 14.66% + 24.29% + 25.33% + 3.73% + 14.47% + 15.4% + 12.15% + 259.68% + 9.95% + 5.26% + 24.87% + 1.84%
ETM Rank
#NA of NAin Dynamic Asset Allocation Unranked
Genius only lock
Expense 0.73%
Bandhan Balanced Advantage Fund
AUM
₹2,217 Crs
Current Value
Return (p.a)
+ 12.16% + 35.67% + 11.13% + 78.21% + 8.88% + 2.47% + 13.25% + 21.8% + 26.84% + 3.93% + 12.41% + 13.16% + 11.91% + 256.54% + 6.97% + 3.7% + 35.36% + 2.52%
ETM Rank
#NA of NAin Dynamic Asset Allocation Unranked
Genius only lock
Expense 0.84%
Motilal Oswal Balance Advantage Fund
AUM
₹918 Crs
Current Value
Return (p.a)
+ 6.49% + 17.81% N.A. -23.13% -7.19% + 4.18% + 6.57% + 0.96% + 0.15% -2.86% -2.96% + 7.36% + 203.08% -18.57% -10.29% + 36.01% + 2.56%
ETM Rank
#NA of NAin Dynamic Asset Allocation Unranked
Genius only lock
Expense 1.03%
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