Stocks are offering 30-40%, does it make sense to invest in mutual funds anymore?

“Many of my friends have made 30-40% returns from stocks in the last few months. They are asking me to do the same instead of investing in mutual funds. What should I do?” asked Sneha.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/invest/stocks-are-offering-30-40-does-it-make-sense-to-invest-in-mutual-funds-anymore/articleshow/78547934.cms