close
Sucess

Great! You have sucessfully subscribed for newsletters for investments

Subscribed email:

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
₹48,071 Cr
Current Value
Return (p.a)
+ 18.81% + 60.19% + 17.81% + 155.7% + 15.23% + 4.4% + 18.06% + 90.83% % -97.22% + 17.53% + 29.66% + 18.16% + 2.79% + 13.12% -24.0% + 20.21% + 381.16% + 16.03% + 8.43% + 24.34% + 1.02%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
App exclusive play store apple store
Expense 1.53%
Motilal Oswal ELSS Tax Saver Fund
AUM
₹4,515 Cr
Current Value
Return (p.a)
+ 18.8% + 63.51% + 17.14% + 152.2% -9.5% -0.98% + 19.23% + 99.18% % -97.26% + 17.3% + 32.1% -13.36% -0.88% + 7.25% -26.74% + 19.54% + 379.97% + 2.49% + 3.2% -27.27% -2.44%
ETM Rank
#NA of NAin ELSS Unranked
App exclusive play store apple store
Expense 1.82%
DSP ELSS Tax Saver Fund
AUM
₹17,241 Cr
Current Value
Return (p.a)
+ 17.54% + 54.98% + 17.28% + 148.2% + 12.91% + 3.58% + 17.88% + 89.68% % -97.24% + 17.44% + 29.31% + 24.14% + 3.37% + 11.4% -25.42% + 19.24% + 363.81% + 12.58% + 6.47% + 29.13% + 1.05%
ETM Rank
#NA of NAin ELSS Unranked
App exclusive play store apple store
Expense 1.61%
Mirae Asset ELSS Tax Saver Fund
AUM
₹27,069 Cr
Current Value
Return (p.a)
+ 15.51% + 47.53% N.A. + 14.32% + 4.0% + 15.93% + 82.82% % -97.24% + 16.03% + 26.83% + 19.73% + 2.81% + 12.14% -24.84% + 17.85% + 341.78% + 16.27% + 8.36% + 14.03% -0.19%
ETM Rank
#NA of NAin ELSS Unranked
App exclusive play store apple store
Expense 1.54%
Edelweiss Aggressive Hybrid Fund
AUM
₹3,317 Cr
Current Value
Return (p.a)
+ 15.0% + 46.48% + 14.46% + 114.42% + 4.82% + 1.95% + 14.84% + 80.03% % -97.24% + 13.93% + 23.7% + 6.27% + 1.33% + 9.18% -26.58% + 16.09% + 317.01% + 8.78% + 5.09% + 2.25% -0.23%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
App exclusive play store apple store
Expense 1.87%
Kotak ELSS Tax Saver Fund
AUM
₹6,449 Cr
Current Value
Return (p.a)
+ 14.37% + 43.54% + 15.43% + 124.89% + 6.26% + 1.94% + 13.9% + 75.9% % -97.24% + 12.59% + 20.74% + 10.95% + 1.6% + 7.23% -28.34% + 16.58% + 322.64% + 9.39% + 4.96% + 15.51% + 0.09%
ETM Rank
#NA of NAin ELSS Unranked
App exclusive play store apple store
Expense 1.75%
Canara Robeco ELSS Tax Saver
AUM
₹9,073 Cr
Current Value
Return (p.a)
+ 13.63% + 41.04% + 15.85% + 130.22% + 7.44% + 2.38% + 13.67% + 75.25% % -97.25% + 13.33% + 22.21% + 11.65% + 1.82% + 8.89% -27.05% + 16.4% + 320.18% + 10.76% + 5.78% + 8.99% -0.33%
ETM Rank
#NA of NAin ELSS Unranked
App exclusive play store apple store
Expense 1.69%
Invesco India ELSS Tax Saver Fund
AUM
₹2,838 Cr
Current Value
Return (p.a)
+ 13.37% + 40.63% + 14.25% + 112.08% -1.6% + 0.18% + 13.7% + 76.01% % -97.24% + 13.09% + 22.27% -3.04% -0.25% + 6.15% -28.72% + 15.14% + 303.17% + 4.27% + 2.77% -5.06% -1.81%
ETM Rank
#NA of NAin ELSS Unranked
App exclusive play store apple store
Expense 1.92%
SBI Equity Hybrid Fund
AUM
₹81,952 Cr
Current Value
Return (p.a)
+ 13.24% + 40.03% + 13.22% + 100.3% + 8.68% + 3.01% + 13.8% + 76.21% % -97.23% + 14.53% + 24.63% + 13.31% + 2.38% + 12.46% -24.26% + 14.06% + 287.27% + 13.45% + 7.47% + 8.14% + 0.25%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
App exclusive play store apple store
Expense 1.38%
Aditya Birla Sun Life ELSS Tax Saver Fund
AUM
₹15,682 Cr
Current Value
Return (p.a)
+ 12.67% + 37.61% + 11.53% + 82.6% + 11.18% + 3.35% + 14.07% + 76.47% % -97.24% + 14.66% + 24.46% + 14.72% + 2.21% + 11.25% -25.4% + 12.66% + 267.31% + 15.43% + 8.07% + 13.88% -0.21%
ETM Rank
#NA of NAin ELSS Unranked
App exclusive play store apple store
Expense 1.68%
Baroda BNP Paribas Aggressive Hybrid Fund
AUM
₹1,256 Cr
Current Value
Return (p.a)
+ 12.6% + 37.7% N.A. + 6.75% + 2.4% + 12.8% + 72.68% % -97.22% + 12.12% + 20.33% + 13.58% + 2.42% + 7.67% -27.76% + 14.08% + 287.01% + 8.46% + 4.83% + 19.8% + 1.2%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
App exclusive play store apple store
Expense 2.11%
Mirae Asset Aggressive Hybrid Fund
AUM
₹9,425 Cr
Current Value
Return (p.a)
+ 12.44% + 36.85% + 13.05% + 97.97% + 10.27% + 3.05% + 12.78% + 72.18% % -97.24% + 12.73% + 21.08% + 15.11% + 2.25% + 10.04% -26.24% + 13.61% + 280.01% + 12.44% + 6.61% + 11.56% -0.05%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
App exclusive play store apple store
Expense 1.72%
Canara Robeco Equity Hybrid Fund
AUM
₹11,403 Cr
Current Value
Return (p.a)
+ 12.25% + 36.34% + 13.14% + 99.03% + 7.12% + 2.29% + 12.56% + 71.63% % -97.24% + 12.37% + 20.58% + 10.41% + 1.68% + 9.06% -26.86% + 13.66% + 280.87% + 10.11% + 5.54% + 6.45% -0.24%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
App exclusive play store apple store
Expense 1.72%
Sundaram Aggressive Hybrid Fund
AUM
₹7,333 Cr
Current Value
Return (p.a)
+ 12.07% + 35.83% + 12.36% + 91.08% + 9.48% + 3.08% + 12.13% + 70.28% % -97.23% + 11.97% + 19.96% + 15.45% + 2.64% + 8.72% -27.04% + 13.24% + 275.45% + 10.06% + 5.6% + 16.4% + 0.62%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
App exclusive play store apple store
Expense 1.75%
Axis ELSS Tax Saver Fund
AUM
₹35,172 Cr
Current Value
Return (p.a)
+ 10.94% + 32.19% + 12.53% + 92.99% + 5.41% + 2.01% + 12.04% + 70.11% % -97.24% + 12.79% + 21.55% + 7.86% + 1.45% + 8.36% -27.26% + 12.54% + 266.6% + 8.82% + 4.88% + 4.16% -0.53%
ETM Rank
#NA of NAin ELSS Unranked
App exclusive play store apple store
Expense 1.53%
DSP Dynamic Asset Allocation Fund
AUM
₹3,636 Cr
Current Value
Return (p.a)
+ 10.59% + 30.52% + 9.74% + 65.8% + 10.12% + 2.89% + 11.46% + 67.64% % -97.23% + 11.83% + 19.33% + 14.55% + 2.19% + 9.86% -26.44% + 10.5% + 239.49% + 10.35% + 5.44% + 14.09% + 0.7%
ETM Rank
#NA of NAin Dynamic Asset Allocation Unranked
App exclusive play store apple store
Expense 1.89%
Bandhan Balanced Advantage Fund
AUM
₹2,320 Cr
Current Value
Return (p.a)
+ 9.68% + 27.75% + 9.58% + 64.58% + 8.93% + 2.71% + 10.2% + 63.71% % -97.23% + 10.37% + 17.0% + 12.83% + 2.08% + 8.3% -27.46% + 10.15% + 235.71% + 8.99% + 4.86% + 10.7% + 0.57%
ETM Rank
#NA of NAin Dynamic Asset Allocation Unranked
App exclusive play store apple store
Expense 2.02%
Motilal Oswal Balanced Advantage Fund
AUM
₹955 Cr
Current Value
Return (p.a)
+ 6.85% + 19.24% N.A. + 7.75% + 2.27% + 6.87% + 53.57% % -97.24% + 5.45% + 9.07% + 4.54% + 0.87% + 1.28% -32.32% + 7.55% + 206.36% + 8.13% + 4.55% -5.16% -0.55%
ETM Rank
#NA of NAin Dynamic Asset Allocation Unranked
App exclusive play store apple store
Expense 2.27%
Hide comparison
0