New investors looking to make their first stock market investment with £10,000 are advised to consider equity mutual funds. This approach allows for diversification across over 100 shares simultaneously. The discussion suggests comparing the performance of different equity funds online to make an informed decision, with a link provided to resources for top-performing funds.
Better to invest in equity MF units initially. It takes care of investment in more than 100 shares at a time. You can compare the performance of different equity funds on web & decide.