<h1>Equity mutual funds carry market risk-assess risk appetite, goals, diversification, and review objectives before investing long term</h1> The notice advises prospective investors that equity mutual funds invest in company shares and carry market-linked risks, requiring a long-term horizon and tolerance for volatility; investors should assess risk appetite, financial goals, and diversification needs before choosing among large-, mid-, small-, flexi- or sectoral/thematic-cap funds. It recommends reviewing fund objectives, riskometer ratings and scheme information documents, considering systematic investment plans or lump-sum options, and evaluating fund management and track records across market cycles. It cautions that past performance is not a guarantee of future results and urges reading all scheme-related documents due to market risks.