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Expense ratio of Quantum Long Term Equity and HDFC Top 200, Equity Direct Plans

I realised the following while participating in another thread. Thought I will share this will you.

Quantum Long Term Equity (QTLE) has an expense ratio  (ER) of 1.25

HDFC Top 200 Regualr plan (a similar but not identical fund) has a ER of 1.78

Acc. to HDFC HDFC Top 200 direct plan will have ER which is 0.59 lower

So HDFC Top 200 Direct plan has a ER of 1.19!

Similarly

HDFC Equity (again similar but not identical to QTLE) has a ER of 1.78

Acc. to HDFC HDFC Equity direct plan will have ER which is 0.65 lower!

So HDFC Equity Direct plan has a ER of 1.13!

 

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