There is no hard and fast rule as to which is the best investment instrument for new investor. It all depends on your financial outlook, finances, expectations and risk bearing capacity.
Yes balanced mutual funds are a good option for many investors because balanced mutual funds are intrinsically hybrid funds that invest in both equity markets as well as in debt instruments. The advantage of balanced funds is that fact that they avoid concentration in one specific sector making them more prone to offer decent results even if one sector undergoes a bear cycle or a negative market sentiment. Equity-oriented balanced funds also offer the advantage of tax benefits in the long term as capital gains.