List of Mutual Fund for Beginners in India sorted by ReturnsMirae Asset Aggressive Hybrid Fund. ... Canara Robeco Equity Hybrid Fund. ... Axis ELSS Tax Saver Fund. ... Aditya Birla Sun Life ELSS Tax Saver Fund. ... SBI Equity Hybrid Fund. ... Motilal Oswal Balance Advantage Fund. ... Bandhan Balanced Advantage Fund. ... DSP Dynamic Asset Allocation Fund.