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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
₹4,360 Cr
Current Value
Return (p.a)
+ 26.56% + 92.52% + 20.71% + 198.11% + 46.34% + 11.57% + 26.81% + 124.58% % -97.22% + 29.17% + 51.88% + 47.87% + 6.49% + 24.65% + 26.67% + 24.23% + 452.59% + 13.23% + 6.94% + 25.88% + 1.59%
ETM Rank
#NA of NAin ELSS Unranked
Genius only lock
Expense 0.64%
ICICI Prudential Equity & Debt Fund
AUM
₹42,340 Cr
Current Value
Return (p.a)
+ 21.77% + 71.58% + 18.72% + 167.64% + 20.49% + 5.46% + 19.71% + 96.54% % -97.23% + 19.92% + 33.86% + 11.45% + 1.75% + 16.41% + 17.51% + 21.31% + 398.35% + 10.9% + 5.73% -6.82% -0.48%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
Genius only lock
Expense 0.97%
DSP ELSS Tax Saver Fund
AUM
₹16,974 Cr
Current Value
Return (p.a)
+ 21.69% + 71.28% + 19.07% + 172.86% + 22.76% + 6.03% + 20.72% + 100.34% % -97.24% + 22.24% + 38.22% + 13.73% + 2.08% + 18.6% + 19.92% + 21.61% + 403.62% + 8.65% + 4.57% -4.4% -0.31%
ETM Rank
#NA of NAin ELSS Unranked
Genius only lock
Expense 0.74%
Edelweiss Aggressive Hybrid Fund
AUM
₹2,749 Cr
Current Value
Return (p.a)
+ 19.9% + 63.98% + 16.9% + 142.67% + 22.5% + 5.97% + 19.15% + 94.47% % -97.23% + 19.78% + 33.59% + 17.4% + 2.6% + 16.75% + 17.87% + 19.38% + 365.34% + 10.7% + 5.63% -4.27% -0.3%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
Genius only lock
Expense 0.39%
Mirae Asset ELSS Tax Saver Fund
AUM
₹25,567 Cr
Current Value
Return (p.a)
+ 19.14% + 61.0% N.A. + 33.9% + 8.72% + 18.09% + 90.57% % -97.23% + 19.68% + 33.41% + 31.51% + 4.5% + 17.2% + 18.37% + 20.29% + 380.52% + 12.96% + 6.8% + 5.04% + 0.34%
ETM Rank
#NA of NAin ELSS Unranked
Genius only lock
Expense 0.59%
Kotak ELSS Tax Saver Fund
AUM
₹6,266 Cr
Current Value
Return (p.a)
+ 19.08% + 60.76% + 17.73% + 153.73% + 26.64% + 6.99% + 17.63% + 88.89% % -97.24% + 17.77% + 29.87% + 21.35% + 3.15% + 13.86% + 14.71% + 19.61% + 369.16% + 7.1% + 3.75% -0.74% -0.05%
ETM Rank
#NA of NAin ELSS Unranked
Genius only lock
Expense 0.63%
Invesco India ELSS Tax Saver Fund
AUM
₹2,845 Cr
Current Value
Return (p.a)
+ 18.75% + 59.47% + 17.05% + 144.72% + 30.49% + 7.92% + 18.45% + 91.89% % -97.22% + 20.71% + 35.33% + 28.48% + 4.1% + 16.94% + 18.08% + 18.69% + 354.07% + 9.46% + 4.99% + 10.69% + 0.7%
ETM Rank
#NA of NAin ELSS Unranked
Genius only lock
Expense 0.8%
Canara Robeco ELSS Tax Saver
AUM
₹8,859 Cr
Current Value
Return (p.a)
+ 17.75% + 55.65% + 17.84% + 155.34% + 26.84% + 7.03% + 16.51% + 84.9% % -97.23% + 17.59% + 29.55% + 20.54% + 3.04% + 15.06% + 16.02% + 19.17% + 361.87% + 8.82% + 4.65% -9.6% -0.69%
ETM Rank
#NA of NAin ELSS Unranked
Genius only lock
Expense 0.53%
Baroda BNP Paribas Aggressive Hybrid Fund
AUM
₹1,224 Cr
Current Value
Return (p.a)
+ 16.73% + 51.8% N.A. + 20.83% + 5.55% + 16.22% + 83.86% % -97.22% + 17.03% + 28.52% + 18.87% + 2.81% + 14.15% + 15.03% + 17.22% + 330.89% + 8.02% + 4.24% -0.98% -0.07%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
Genius only lock
Expense 0.52%
SBI Equity Hybrid Fund
AUM
₹74,036 Cr
Current Value
Return (p.a)
+ 15.92% + 48.8% + 14.55% + 113.9% + 27.34% + 7.16% + 15.72% + 82.09% % -97.23% + 17.55% + 29.48% + 19.07% + 2.84% + 17.39% + 18.58% + 15.76% + 309.0% + 16.18% + 8.45% -5.78% -0.41%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
Genius only lock
Expense 0.73%
Mirae Asset Aggressive Hybrid Fund
AUM
₹9,058 Cr
Current Value
Return (p.a)
+ 15.77% + 48.26% N.A. + 26.16% + 6.87% + 15.27% + 80.53% % -97.23% + 16.4% + 27.38% + 21.17% + 3.13% + 14.85% + 15.8% + 16.06% + 313.44% + 11.62% + 6.11% + 4.42% + 0.3%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
Genius only lock
Expense 0.39%
Canara Robeco Equity Hybrid Fund
AUM
₹10,949 Cr
Current Value
Return (p.a)
+ 15.49% + 47.26% + 15.06% + 119.91% + 23.39% + 6.19% + 15.1% + 79.94% % -97.23% + 16.24% + 27.09% + 17.67% + 2.64% + 14.53% + 15.45% + 16.04% + 313.05% + 10.11% + 5.33% -5.56% -0.39%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
Genius only lock
Expense 0.57%
Sundaram Aggressive Hybrid Fund
AUM
₹6,146 Cr
Current Value
Return (p.a)
+ 15.19% + 46.17% + 14.12% + 109.08% + 19.63% + 5.25% + 14.33% + 77.27% % -97.23% + 15.13% + 25.1% + 13.34% + 2.03% + 13.16% + 13.96% + 15.28% + 302.02% + 7.92% + 4.18% -1.36% -0.09%
ETM Rank
#NA of NAin Aggressive Hybrid Unranked
Genius only lock
Expense 0.7%
Aditya Birla Sun Life ELSS Tax Saver Fund
AUM
₹14,818 Cr
Current Value
Return (p.a)
+ 14.82% + 44.85% + 12.89% + 95.71% + 35.05% + 8.99% + 15.55% + 81.5% % -97.22% + 17.57% + 29.52% + 31.55% + 4.5% + 16.06% + 17.11% + 14.06% + 284.99% + 12.34% + 6.48% -3.16% -0.22%
ETM Rank
#NA of NAin ELSS Unranked
Genius only lock
Expense 1.02%
Axis ELSS Tax Saver Fund
AUM
₹34,176 Cr
Current Value
Return (p.a)
+ 14.15% + 42.47% + 14.26% + 110.59% + 23.38% + 6.19% + 14.01% + 76.17% % -97.22% + 16.61% + 27.76% + 15.75% + 2.37% + 14.56% + 15.48% + 14.68% + 293.58% + 8.74% + 4.61% -6.74% -0.48%
ETM Rank
#NA of NAin ELSS Unranked
Genius only lock
Expense 0.8%
DSP Dynamic Asset Allocation Fund
AUM
₹3,397 Cr
Current Value
Return (p.a)
+ 12.43% + 36.54% + 11.28% + 79.62% + 15.15% + 4.1% + 13.01% + 72.78% % -97.22% + 14.22% + 23.49% + 11.57% + 1.77% + 13.24% + 14.05% + 12.18% + 260.01% + 9.86% + 5.2% + 9.48% + 0.62%
ETM Rank
#NA of NAin Dynamic Asset Allocation Unranked
Genius only lock
Expense 0.68%
Bandhan Balanced Advantage Fund
AUM
₹2,263 Cr
Current Value
Return (p.a)
+ 11.96% + 34.99% + 11.3% + 79.81% + 17.35% + 4.67% + 12.12% + 69.8% % -97.23% + 13.17% + 21.64% + 14.98% + 2.26% + 11.96% + 12.66% + 12.11% + 259.12% + 8.87% + 4.68% + 8.85% + 0.58%
ETM Rank
#NA of NAin Dynamic Asset Allocation Unranked
Genius only lock
Expense 0.74%
Motilal Oswal Balanced Advantage Fund
AUM
₹923 Cr
Current Value
Return (p.a)
+ 9.3% + 26.36% N.A. + 34.35% + 8.83% + 9.33% + 60.75% % -97.17% + 9.02% + 14.51% + 57.57% + 7.6% + 3.96% + 4.13% + 9.6% + 228.34% + 1.48% + 0.79% + 76.02% + 3.95%
ETM Rank
#NA of NAin Dynamic Asset Allocation Unranked
Genius only lock
Expense 0.97%
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