Are Mutual Funds really safe?

Mutual Funds have been prevailing for the last 30 years in the country. And the Indian commoner goes and invests his money into it hoping that it will be taken good care of. But with all such losses, NPAs and so-called economic turmoil, the question is, are mutual funds really safe? Mr. Sujit Nair, Managing Editor of HW News Network and Mr. Akhilesh Bhargava, Business Editor of HW Business and Finance share their takes and insights on the matter.