Prashant whether u invest in mutual funds or in equity risk is always there. even if u invest in unit linked insurance plan risk is again there. what u need to understand is your expectation of return and the risk you want to expose yourself. plus your need in future and your tax implications. its all in good understanding dear u need to sit and study the things and then invest. dnt depend on others and just invest. thats a foolish thing to do in this world. its your money u need to understand the things.
