According to me mutual fund is a place for investment.But if you are a long-term rider.dont expct much more in short time.because if you calculate your anual interest on any investment its faar good compares to other investment like fixed deposit, gold bond etc.
The merits of mutual fund is it offers a systematic investment ( SIP) like we can deposit as monthly wise as per our need.if we will invest a minimum of 2000 per month for 15 years it will definitely give us a huge return.just we need patient.the sip starts from rupee 500.
The demerits of Mutual fund are many people things it will purely depend on a single stock of stock market but its totally wrong.its a combination of stocks which will always balance the flow of money.just dont invest all of your money in mutual fund because its like dont put all of ur eggs in one bucket. Just invest 10% of ur income as monthly.wait for the right time to invest like when the share market goes down at that time buy mutual fund because at that time u can get that fund at cheap price and u will get good return soon.