Exactly. Some good, some bad.
You will NEVER get nothing but good mutual funds.
Also, mutual funds are not backed by anything.
Fixed deposits at 4% in your home bank are usually backed by the Govt, in case sth happens.
I recommend that people stick to their hassle free guaranteed 4% returns in their home bank and not get too greedy. The stock market / mutual funds is GAMBLING, not investing. No fund manager will continually pick funds that garner 10% year after year. It's a LIE and will cause you a bunch of headaches.