If you are brand new to shares, mutual funds, currencies and the whole baggage then it would be advisable for you to check out some HQbroker youtube videos and reviews along with reviewing some of the broker news. This should give you a good idea as to which brokers you need to approach for setting up your accounts and investing in mutual funds. Just check out the various online broker reviews and see how others have rated them; this should clue you in as to how good they are.
Mutual funds are the perfect way to diversify your investment; no investment is immune to market risk. However that being said, it is always a good idea to invest in mutual funds as most of these funds will invest in various well performing shares, government bonds, securities to minimize the risk of their portfolio. Instead of putting all your eggs in a single basket which can crash depending on global cues, state of the economy, you should be able to better protect your investment by diversifying the same through mutual funds.
There are various mutual funds that you can go for, from equity mutual funds (shares), debt mutual funds (debt securities, government bonds, etc) or you can go for the balanced version where the funds are invested in both equities and debt instruments in specific ratio. This should enable you to grow your investments and to even weather market downturns. This is why it makes more sense to check out HQbroker news as well as HQ broker youtube videos at the earliest as both can point you towards the right brokers to use. And always make a point of checking out the broker before you sign on the dotted line, find out how long they have in operation and get additional information as well.