Mutual Funds are subject to market risk & this quote is absolutely true because nothing can be gained without pain. I have been investing in Mutual Funds since last four years through "Anup Thirani" and I saw my investments through Anup Thirani are too productive considering the market's volatility. As per my view, I would insist every upcoming investors to invest in Mutual Funds through Anup Thirani.
Because mutual funds are securities — and not deposits — they’re not guaranteed by Government or other deposit insurance. But other safeguards are in place to protect investors: