Thanks for bringing out wonderful issues each fortnight. I have been a regular reader of MoneyLIFE since its launch in February 2006. I would like to bring a couple of investor-unfriendly practices of mutual funds.

I have two running SIPs one each in Reliance Growth Fund and Reliance Vision Fund. Each SIP is for Rs2,000/- and both of them end in December 2008. After the recent SEBI...