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Mutual Fund for Beginners

18 results

My First Fund is a list of hand-picked schemes across 2 most suitable categories of Mutual Funds for beginners in Investing. Balanced Funds & ELSS (i.e. Tax Saving Schemes). Balanced Funds offer a mix of Equity & FD-like instruments aiming to offer good returns at low risk, while ELSS offers 2 benefits in 1 Investment i.e. of saving tax & growing wealth.

  • 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:
offor
Investment: 6 Lakh

List of Mutual Fund for Beginners in India Ranked by Last 5 Year Returns

ICICI Prudential Equity & Debt Fund
AUM
₹24,990 Crs
Current Value
Return (p.a)
+16.87%+18.61%+13.28%+28.67%+9.46%NA+18.09%+3.30%
+ 21.45% + 17.14% + 9.86% + 22.63% + 6.51% + 18.13% + 12.45% + 3.30%
ETM Rank #5 of 25 in Aggressive Hybrid
Expense 1.13%
Mirae Asset Tax Saver Fund
AUM
₹17,419 Crs
Current Value
Return (p.a)
+17.19%NA+15.03%+25.53%+10.75%NA+14.53%+3.18%
+ 20.30% N.A. + 11.57% + 17.46% + 7.15% + 14.62% + 12.61% + 3.18%
ETM Rank #6 of 33 in ELSS
Expense 0.56%
Kotak Tax Saver Fund
AUM
₹4,051 Crs
Current Value
Return (p.a)
+16.07%+18.97%+13.46%+26.13%+9.01%NA+16.73%+1.26%
+ 19.84% + 16.93% + 9.58% + 18.99% + 5.35% + 16.22% + 11.27% + 1.26%
ETM Rank #4 of 33 in ELSS
Expense 0.59%
DSP Tax Saver Fund
AUM
₹11,805 Crs
Current Value
Return (p.a)
+15.81%+19.53%+14.43%+26.13%+11.00%NA+16.12%+3.26%
+ 19.79% + 16.98% + 11.46% + 18.51% + 7.36% + 15.37% + 12.56% + 3.26%
ETM Rank #9 of 33 in ELSS
Expense 0.77%
Canara Robeco Equity Tax Saver Fund
AUM
₹5,979 Crs
Current Value
Return (p.a)
+15.94%+17.67%+11.68%+23.83%+7.37%NA+11.12%+0.48%
+ 18.99% + 16.47% + 8.43% + 15.56% + 4.15% + 11.98% + 9.01% + 0.48%
ETM Rank #2 of 33 in ELSS
Expense 0.56%
Motilal Oswal Long Term Equity Fund
AUM
₹2,500 Crs
Current Value
Return (p.a)
+13.04%NA+16.14%+25.84%+10.48%NA+20.03%+1.17%
+ 18.62% N.A. + 11.55% + 19.34% + 5.99% + 17.78% + 14.11% + 1.17%
ETM Rank #25 of 33 in ELSS
Expense 0.72%
Edelweiss Aggressive Hybrid Fund
AUM
₹744 Crs
Current Value
Return (p.a)
+14.30%+15.51%+12.36%+22.98%+8.83%NA+17.31%+1.22%
+ 18.24% + 14.47% + 8.92% + 18.52% + 5.11% + 16.73% + 11.64% + 1.22%
ETM Rank #10 of 25 in Aggressive Hybrid
Expense 0.57%
Baroda BNP Paribas Aggressive Hybrid Fund
AUM
₹863 Crs
Current Value
Return (p.a)
+14.81%NA+11.62%+19.00%+8.45%NA+13.73%+1.81%
+ 16.45% N.A. + 8.85% + 14.82% + 5.36% + 13.52% + 10.27% + 1.81%
ETM Rank #3 of 25 in Aggressive Hybrid
Expense 0.61%
Invesco India Tax Plan Fund
AUM
₹2,158 Crs
Current Value
Return (p.a)
+12.40%+18.76%+16.25%+20.85%+11.20%NA+13.74%+1.83%
+ 16.20% + 15.44% + 11.91% + 14.44% + 6.62% + 12.54% + 12.65% + 1.83%
ETM Rank #11 of 33 in ELSS
Expense 0.9%
Mirae Asset Hybrid Equity Fund
AUM
₹7,778 Crs
Current Value
Return (p.a)
+13.45%NA+11.74%+18.74%+7.80%NA+12.58%+1.81%
+ 15.47% N.A. + 8.59% + 14.14% + 4.87% + 12.60% + 9.84% + 1.81%
ETM Rank #13 of 25 in Aggressive Hybrid
Expense 0.41%
Canara Robeco Equity Hybrid Fund
AUM
₹9,055 Crs
Current Value
Return (p.a)
+13.32%+16.32%+9.70%+17.67%+6.39%NA+11.10%+0.85%
+ 14.97% + 14.20% + 7.17% + 12.80% + 3.75% + 11.00% + 8.33% + 0.85%
ETM Rank #1 of 25 in Aggressive Hybrid
Expense 0.6%
Sundaram Aggressive Hybrid Fund
AUM
₹3,461 Crs
Current Value
Return (p.a)
+11.43%+13.77%+9.68%+18.67%+7.30%NA+10.39%+1.54%
+ 14.35% + 12.74% + 7.67% + 13.39% + 4.64% + 10.77% + 7.94% + 1.54%
ETM Rank #12 of 25 in Aggressive Hybrid
Expense 0.76%
SBI Equity Hybrid Fund
AUM
₹59,810 Crs
Current Value
Return (p.a)
+12.06%+15.97%+10.32%+16.81%+6.38%NA+8.80%+1.36%
+ 13.57% + 13.28% + 7.38% + 11.86% + 3.95% + 9.41% + 7.47% + 1.36%
ETM Rank #6 of 25 in Aggressive Hybrid
Expense 0.78%
Motilal Oswal Balance Advantage Fund
AUM
₹685 Crs
Current Value
Return (p.a)
+9.49%NA+20.10%+11.71%+18.30%NA+19.57%+7.63%
+ 12.33% N.A. + 17.56% + 14.34% + 13.79% + 18.77% + 17.77% + 7.63%
ETM Rank #14 of 14 in Dynamic Asset Allocation
Expense 1.18%
Axis Long Term Equity Fund
AUM
₹32,224 Crs
Current Value
Return (p.a)
+10.33%+18.27%+13.23%+15.93%+5.23%NA+3.67%-1.55%
+ 11.45% + 13.53% + 7.66% + 7.61% + 1.51% + 4.81% + 6.71% -1.55%
ETM Rank #19 of 33 in ELSS
Expense 0.76%
Bandhan Balanced Advantage Fund
AUM
₹2,402 Crs
Current Value
Return (p.a)
+9.36%NA+7.88%+11.15%+4.31%NA+8.22%-0.31%
+ 10.51% N.A. + 5.41% + 9.00% + 2.14% + 8.38% + 6.53% -0.31%
ETM Rank #7 of 14 in Dynamic Asset Allocation
Expense 0.58%
Aditya Birla Sun Life ELSS Tax Relief 96 Fund
AUM
₹14,253 Crs
Current Value
Return (p.a)
+7.46%+16.16%+11.43%+13.43%+9.90%NA+8.31%+1.61%
+ 10.35% + 11.65% + 9.81% + 9.25% + 6.06% + 9.37% + 8.90% + 1.61%
ETM Rank #17 of 33 in ELSS
Expense 0.92%
DSP Dynamic Asset Allocation Fund
AUM
₹3,459 Crs
Current Value
Return (p.a)
+9.82%NA+8.18%+10.59%+4.91%NA+8.64%+1.15%
+ 9.97% N.A. + 6.06% + 8.86% + 3.07% + 9.20% + 7.24% + 1.15%
ETM Rank #10 of 14 in Dynamic Asset Allocation
Expense 0.71%
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