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Basics - Equity Market vs Equity Funds

As an investor, we are always confused about where to invest? What returns would we get? How much do we need to invest? Are we investing at right place? Should we consult an Adviser? If yes, then will he be giving us the right solution/ product? How much will he charge? Thus, to overcome all this we all start searching on internet, ask friends and start investing on our own without proper understanding of the product. We often see the past returns or listen to friends & relatives and start investing in that product without having the deeper understanding of the product. Among the top investment options that everyone suggests us are Equity Market (Share Market) and Equity Funds as they give good returns and the returns are tax free too if realized after a year. On hearing that, the first question that comes in our mind is which one is better? Now, that varies from person to person. Investing in Equity funds is less risky, doesn’t need must experience, less effort and less