Depends on your goals, if you are willing to take risks and want to get more returns then invest greater proportion in stocks them MF, tho I wouldn't suggest going all in on just stocks or MF. Make 70-30 split 70 stocks 30 MF or 30 stocks 70 MF. Last but not least wherever you choose to invest, invest with long term hold mindset.
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Stocks, as it gives much much more potential of doubling or tripling the returns. MFs are safe bet with 3 SIPs set up for each month. As a comparison, my stock portfolio is running at 110% profit while MF is running at only 43%.
MF for long term with continued investing Stocks to play around to book some profit in short term