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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

ICICI Prudential Equity & Debt Fund
AUM
₹49,641 Cr
Current Value
Return (p.a)
+ 16.22% + 50.06% + 16.9% + 142.86% -1.79% -0.52% + 15.25% + 80.6% % -97.22% + 13.52% + 22.34% -14.54% -2.54% + 7.49% -28.06% + 18.76% + 355.48% + 6.63% + 3.56% -34.65% -3.21%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
App exclusive play store apple store
Expense 1.52%
DSP ELSS Tax Saver Fund
AUM
₹17,609 Cr
Current Value
Return (p.a)
+ 15.32% + 46.77% + 16.45% + 137.04% -0.04% -0.01% + 15.43% + 81.23% % -97.21% + 13.74% + 22.72% -13.42% -2.34% + 6.15% -29.02% + 17.88% + 341.49% + 6.13% + 3.29% -40.37% -3.89%
ETM Rank
#NA of NAin ELSS Unranked
App exclusive play store apple store
Expense 1.64%
Motilal Oswal ELSS Tax Saver Fund
AUM
₹4,341 Cr
Current Value
Return (p.a)
+ 14.87% + 45.13% + 15.54% + 125.81% -26.23% -8.37% + 14.54% + 78.12% % -97.2% + 10.39% + 16.9% -40.86% -8.21% -2.05% -34.75% + 17.1% + 329.44% -7.49% -4.11% % -6.95%
ETM Rank
#NA of NAin ELSS Unranked
App exclusive play store apple store
Expense 1.83%
Mirae Asset ELSS Tax Saver Fund
AUM
₹27,196 Cr
Current Value
Return (p.a)
+ 12.89% + 38.21% + 16.13% + 133.06% -5.28% -1.56% + 13.0% + 72.87% % -97.2% + 11.65% + 19.07% -21.61% -3.91% + 5.83% -29.24% + 16.12% + 314.63% + 6.08% + 3.26% -44.3% -4.39%
ETM Rank
#NA of NAin ELSS Unranked
App exclusive play store apple store
Expense 1.55%
Edelweiss Aggressive Hybrid Fund
AUM
₹3,480 Cr
Current Value
Return (p.a)
+ 12.87% + 38.15% + 13.64% + 103.92% -6.96% -2.07% + 12.39% + 70.8% % -97.22% + 10.33% + 16.79% -18.29% -3.26% + 4.16% -30.43% + 14.77% + 295.07% + 1.87% + 1.01% -39.39% -3.77%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
App exclusive play store apple store
Expense 1.85%
Kotak ELSS Tax Saver Fund
AUM
₹6,452 Cr
Current Value
Return (p.a)
+ 12.06% + 35.41% + 14.51% + 113.6% -6.03% -1.79% + 11.34% + 67.33% % -97.19% + 8.94% + 14.44% -17.13% -3.03% + 2.07% -31.89% + 15.14% + 300.31% + 3.26% + 1.75% -38.69% -3.68%
ETM Rank
#NA of NAin ELSS Unranked
App exclusive play store apple store
Expense 1.76%
Canara Robeco ELSS Tax Saver
AUM
₹9,022 Cr
Current Value
Return (p.a)
+ 11.07% + 32.15% + 14.78% + 116.79% -7.99% -2.38% + 10.87% + 65.81% % -97.21% + 9.23% + 14.94% -22.02% -3.99% + 3.01% -31.22% + 14.68% + 294.02% + 2.36% + 1.28% -45.04% -4.49%
ETM Rank
#NA of NAin ELSS Unranked
App exclusive play store apple store
Expense 1.71%
Mirae Asset Aggressive Hybrid Fund
AUM
₹9,538 Cr
Current Value
Return (p.a)
+ 10.96% + 31.77% + 12.42% + 90.96% -0.24% -0.07% + 11.15% + 66.72% % -97.22% + 10.27% + 16.69% -11.59% -2.0% + 6.39% -28.84% + 12.66% + 266.44% + 6.95% + 3.73% -33.45% -3.08%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
App exclusive play store apple store
Expense 1.72%
SBI Equity Hybrid Fund
AUM
₹82,847 Cr
Current Value
Return (p.a)
+ 10.89% + 31.52% + 12.2% + 88.76% -7.48% -2.23% + 11.04% + 66.36% % -97.24% + 10.52% + 17.12% -21.71% -3.93% + 6.27% -28.93% + 12.48% + 264.12% + 2.56% + 1.38% -44.77% -4.45%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
App exclusive play store apple store
Expense 1.38%
Baroda BNP Paribas Aggressive Hybrid Fund
AUM
₹1,269 Cr
Current Value
Return (p.a)
+ 10.62% + 30.65% N.A. -4.44% -1.31% + 10.52% + 64.65% % -97.21% + 8.84% + 14.26% -14.29% -2.5% + 2.94% -31.28% + 12.72% + 267.23% + 2.52% + 1.36% -33.94% -3.13%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
App exclusive play store apple store
Expense 2.11%
Aditya Birla Sun Life ELSS Tax Saver Fund
AUM
₹15,415 Cr
Current Value
Return (p.a)
+ 10.55% + 30.4% + 10.56% + 73.11% -6.17% -1.82% + 11.43% + 67.62% % -97.22% + 10.7% + 17.43% -20.59% -3.7% + 5.23% -29.66% + 11.27% + 248.74% + 5.72% + 3.08% -42.73% -4.18%
ETM Rank
#NA of NAin ELSS Unranked
App exclusive play store apple store
Expense 1.69%
Canara Robeco Equity Hybrid Fund
AUM
₹11,393 Cr
Current Value
Return (p.a)
+ 10.33% + 29.7% + 12.3% + 89.82% -5.16% -1.52% + 10.35% + 64.1% % -97.21% + 9.12% + 14.74% -17.14% -3.03% + 4.35% -30.29% + 12.34% + 262.25% + 3.23% + 1.74% -38.0% -3.6%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
App exclusive play store apple store
Expense 1.73%
Sundaram Aggressive Hybrid Fund
AUM
₹7,846 Cr
Current Value
Return (p.a)
+ 9.9% + 28.33% + 11.43% + 81.18% -4.91% -1.45% + 9.69% + 61.97% % -97.22% + 8.49% + 13.68% -17.17% -3.04% + 3.54% -30.86% + 11.85% + 255.99% + 2.6% + 1.4% -35.21% -3.28%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
App exclusive play store apple store
Expense 1.78%
Invesco India ELSS Tax Saver Fund
AUM
₹2,771 Cr
Current Value
Return (p.a)
+ 9.77% + 27.9% + 12.67% + 93.59% -20.79% -6.49% + 9.54% + 61.51% % -97.23% + 6.9% + 11.02% -35.53% -6.92% -2.24% -34.88% + 12.74% + 267.53% -6.64% -3.63% -55.07% -5.95%
ETM Rank
#NA of NAin ELSS Unranked
App exclusive play store apple store
Expense 1.93%
DSP Dynamic Asset Allocation Fund
AUM
₹3,709 Cr
Current Value
Return (p.a)
+ 9.62% + 27.44% + 9.32% + 61.96% + 2.3% + 0.66% + 10.24% + 63.76% % -97.21% + 9.84% + 15.96% -4.66% -0.78% + 7.0% -28.41% + 9.84% + 231.3% + 6.07% + 3.26% -16.83% -1.4%
ETM Rank
#NA of NAin Dynamic Asset Allocation Unranked
App exclusive play store apple store
Expense 1.88%
Axis ELSS Tax Saver Fund
AUM
₹34,263 Cr
Current Value
Return (p.a)
+ 8.45% + 23.76% + 11.34% + 80.31% -11.59% -3.5% + 9.21% + 60.44% % -97.22% + 8.26% + 13.3% -25.44% -4.69% + 1.82% -32.07% + 10.76% + 242.39% -1.01% -0.55% -45.65% -4.57%
ETM Rank
#NA of NAin ELSS Unranked
App exclusive play store apple store
Expense 1.54%
Bandhan Balanced Advantage Fund
AUM
₹2,309 Cr
Current Value
Return (p.a)
+ 8.21% + 23.01% + 8.93% + 58.7% -2.56% -0.75% + 8.48% + 58.14% % -97.22% + 7.73% + 12.41% -12.6% -2.18% + 4.41% -30.25% + 9.15% + 223.19% + 3.4% + 1.83% -31.65% -2.88%
ETM Rank
#NA of NAin Dynamic Asset Allocation Unranked
App exclusive play store apple store
Expense 2.02%
Motilal Oswal Balanced Advantage Fund
AUM
₹872 Cr
Current Value
Return (p.a)
+ 2.07% + 5.4% N.A. -28.08% -9.03% + 0.93% + 35.87% % -97.21% -2.56% -3.9% -44.65% -9.19% -9.29% -39.67% + 4.15% + 170.42% -10.03% -5.52% % -6.52%
ETM Rank
#NA of NAin Dynamic Asset Allocation Unranked
App exclusive play store apple store
Expense 2.33%
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