close
Sucess

Great! You have sucessfully subscribed for newsletters for investments

Subscribed email:

Mutual Fund for Beginners

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:
ShowReturns foroffor
Investment: 6 Lakh

List of Mutual Fund for Beginners in India sorted by ET Money Ranking

ICICI Prudential Equity & Debt Fund
AUM
₹34,733 Crs
Current Value
Return (p.a)
+ 26.37% + 91.67% + 19.07% + 172.84% + 34.96% + 9.03% + 25.75% + 45.07% + 26.0% + 3.75% + 31.22% + 34.21% + 37.4% + 19.11% + 34.77% + 2.32%
ETM Rank #1 of 27 in Aggressive Hybrid
Expense 1.02%
Edelweiss Aggressive Hybrid Fund
AUM
₹1,564 Crs
Current Value
Return (p.a)
+ 22.45% + 74.47% + 16.35% + 135.67% + 30.13% + 7.88% + 22.79% + 39.3% + 27.36% + 3.93% + 28.22% + 30.76% + 31.91% + 16.41% + 43.48% + 2.81%
ETM Rank #2 of 27 in Aggressive Hybrid
Expense 0.33%
Baroda BNP Paribas Aggressive Hybrid Fund
AUM
₹1,022 Crs
Current Value
Return (p.a)
+ 20.33% + 65.76% N.A. + 35.23% + 9.1% + 20.7% + 35.33% + 31.19% + 4.42% + 27.22% + 29.62% + 33.54% + 17.21% + 42.2% + 2.74%
ETM Rank #5 of 27 in Aggressive Hybrid
Expense 0.53%
Kotak ELSS Tax Saver Fund
AUM
₹5,608 Crs
Current Value
Return (p.a)
+ 25.45% + 87.49% + 19.01% + 171.98% + 53.45% + 13.21% + 25.72% + 44.99% + 60.5% + 7.86% + 33.54% + 36.89% + 42.95% + 21.8% + 94.92% + 5.25%
ETM Rank #6 of 34 in ELSS
Expense 0.58%
Canara Robeco Equity Hybrid Fund
AUM
₹10,077 Crs
Current Value
Return (p.a)
+ 17.48% + 54.65% + 14.99% + 118.99% + 23.67% + 6.3% + 16.44% + 27.48% + 25.56% + 3.69% + 21.35% + 23.0% + 24.39% + 12.66% + 38.53% + 2.53%
ETM Rank #6 of 27 in Aggressive Hybrid
Expense 0.59%
Canara Robeco ELSS Tax Saver
AUM
₹7,761 Crs
Current Value
Return (p.a)
+ 22.34% + 74.01% + 17.95% + 156.88% + 31.81% + 8.29% + 19.73% + 33.51% + 37.48% + 5.21% + 26.12% + 28.38% + 31.24% + 16.07% + 71.62% + 4.23%
ETM Rank #7 of 34 in ELSS
Expense 0.53%
DSP ELSS Tax Saver Fund
AUM
₹14,860 Crs
Current Value
Return (p.a)
+ 24.87% + 84.93% + 18.82% + 169.2% + 39.19% + 10.02% + 24.22% + 42.08% + 40.71% + 5.6% + 32.47% + 35.65% + 39.98% + 20.36% + 72.4% + 4.27%
ETM Rank #10 of 34 in ELSS
Expense 0.76%
Sundaram Aggressive Hybrid Fund
AUM
₹4,579 Crs
Current Value
Return (p.a)
+ 17.41% + 54.38% + 13.98% + 107.47% + 23.55% + 6.27% + 16.35% + 27.32% + 19.24% + 2.84% + 20.85% + 22.44% + 24.57% + 12.75% + 31.54% + 2.13%
ETM Rank #10 of 27 in Aggressive Hybrid
Expense 0.78%
Mirae Asset ELSS Tax Saver Fund
AUM
₹22,472 Crs
Current Value
Return (p.a)
+ 23.12% + 77.3% N.A. + 31.58% + 8.23% + 20.52% + 35.0% + 32.73% + 4.62% + 27.41% + 29.84% + 31.86% + 16.39% + 39.78% + 2.6%
ETM Rank #12 of 34 in ELSS
Expense 0.57%
Mirae Asset Aggressive Hybrid Fund
AUM
₹8,546 Crs
Current Value
Return (p.a)
+ 17.19% + 53.55% N.A. + 20.76% + 5.57% + 15.85% + 26.41% + 19.09% + 2.82% + 20.19% + 21.71% + 21.77% + 11.34% + 27.5% + 1.88%
ETM Rank #12 of 27 in Aggressive Hybrid
Expense 0.37%
DSP Dynamic Asset Allocation Fund
AUM
₹3,110 Crs
Current Value
Return (p.a)
+ 12.21% + 35.83% + 10.63% + 73.58% + 19.32% + 5.2% + 12.91% + 21.21% + 23.01% + 3.36% + 16.79% + 17.94% + 19.14% + 10.0% + 28.2% + 1.92%
ETM Rank #12 of 17 in Dynamic Asset Allocation
Expense 0.74%
Bandhan Balanced Advantage Fund
AUM
₹2,229 Crs
Current Value
Return (p.a)
+ 12.86% + 38.04% N.A. + 20.53% + 5.51% + 12.88% + 21.14% + 23.09% + 3.37% + 16.93% + 18.1% + 19.06% + 9.96% + 30.55% + 2.07%
ETM Rank #14 of 17 in Dynamic Asset Allocation
Expense 0.63%
SBI Equity Hybrid Fund
AUM
₹68,410 Crs
Current Value
Return (p.a)
+ 16.04% + 49.26% + 13.91% + 106.71% + 24.91% + 6.61% + 15.03% + 24.94% + 26.47% + 3.81% + 19.54% + 20.98% + 23.72% + 12.32% + 41.99% + 2.73%
ETM Rank #16 of 27 in Aggressive Hybrid
Expense 0.75%
Motilal Oswal Balance Advantage Fund
AUM
₹1,247 Crs
Current Value
Return (p.a)
+ 12.77% + 37.72% N.A. + 7.43% + 2.07% + 14.78% + 24.49% + 9.78% + 1.5% + 19.31% + 20.73% + 15.66% + 8.22% -2.76% -0.21%
ETM Rank #17 of 17 in Dynamic Asset Allocation
Expense 0.98%
Invesco India ELSS Tax Saver Fund
AUM
₹2,633 Crs
Current Value
Return (p.a)
+ 21.18% + 69.2% + 16.91% + 142.79% + 29.56% + 7.74% + 20.9% + 35.71% + 27.35% + 3.93% + 29.87% + 32.65% + 34.15% + 17.51% + 34.13% + 2.28%
ETM Rank #20 of 34 in ELSS
Expense 0.73%
Aditya Birla Sun Life ELSS Tax Saver Fund
AUM
₹15,384 Crs
Current Value
Return (p.a)
+ 15.29% + 46.55% + 12.68% + 93.6% + 32.34% + 8.41% + 16.62% + 27.8% + 34.84% + 4.88% + 23.8% + 25.75% + 30.09% + 15.51% + 64.0% + 3.87%
ETM Rank #23 of 34 in ELSS
Expense 0.95%
Motilal Oswal ELSS Tax Saver Fund
AUM
₹3,402 Crs
Current Value
Return (p.a)
+ 28.57% + 101.97% N.A. + 63.75% + 15.4% + 32.77% + 59.34% + 74.89% + 9.36% + 45.58% + 51.15% + 58.41% + 29.16% + 77.19% + 4.49%
ETM Rank #27 of 34 in ELSS
Expense 0.67%
Axis ELSS Tax Saver Fund
AUM
₹35,642 Crs
Current Value
Return (p.a)
+ 15.85% + 48.59% + 14.48% + 113.15% + 29.91% + 7.83% + 14.88% + 24.68% + 29.91% + 4.26% + 23.44% + 25.34% + 28.54% + 14.74% + 15.06% + 1.08%
ETM Rank #28 of 34 in ELSS
Expense 0.75%
Hide comparison
0