Hey akash, here is what you want to know:
if you are new to equity, equity diversified mutual funds (mf) are the best and the safest option. Whe choosing an mf, consider past performance. No mf can be top 1 consistently, but there are some that are always in the top10/25 range. Go to Money Control
to know more about these things. Always remember that the eggs do take time to hatch.
You might want to compare their NAVs, returns both absolute and annualized over a period of time, age of a fund, total fund size, etc.
Stock market Is a completely different ball game altogether. You need to buy low and sell high. You can trade by yourself online these days with any of the good banks.
You must be a young man (since you mentioned that it would be your first job), so there is time for you before you have enough capital to play in stocks. What I recommend is for you to know is your tax shelters and your insurance needs.