POSTED BY August 6, 2013 11:21 pm ONE COMMENTON
I noticed that mutual fund companies have increased the expense ration for their non-direct MF’s
checked on valuereserachonline site and what i found is
for HDFC Top 200 MF expense ratio is now 2.22 (EARLIER IT WAS BELOW 2…SOMETHING LIKE 1.68 OR SO)
for HDFC Top 200 Direct MF expense ratio is 1.65
This is totally unfair.
While “Direct” MF plan are suppose to benifit but then they are doing it at the cost of non-direct plans…
direct plans are supposed to be more benificial because commision(trailing) has been removed. But then what is the point in increasing cost for non-direct plan