If the recent record breaking highs in the stock market are giving you FOMO (fear of missing out) about investing, take it as a good sign.
For young and new investors, the messages are ever present - start investing now, compounding is your friend, and of course, don't forget to diversify! SIP is considered the smartest and easiest way for young investors. However, within the world of SIPs and Mutual Funds, the choices are mind boggling. It's important to note that a large proportion of mutual funds are wedded to equity, which means you're still going to be exposed to the same risks.