The rise in SIPs in mutual funds has been well documented and going by the data released by AMFI in May, inflows in equity funds including ELSS witnessed net inflows of Rs 10,739 crore. Understandably, some investors are vary about this rising inflows into equities through mutual funds, but the other problem is about the rise in complaints posted against mutual funds by investors. According to data from SEBI, the mutual fund industry added 77 lakh folios in 2016-17 and for the same period the number of complaints lodged against the top ten AMCs has shot up to 23,000.