Hi,
I had invested in HDFC Top 200 Mutual Funds SIP from 2011 through HDFC AMC. Until Dec 2012 all the amount was being invested in ”HDFC Top 200” but from Jan 2013 the money was diverted to ”HDFC Top 200 – Direct” Fund. Now the problem is that the units bought earlier of Top 200 are showing 9-15% returns where as the one of Direct Fund are showing 2-5% returns.
I was assuming that both the funds would be investing in the same shares and hence the returns would be same. Seems I\’m wrong somewhere.
Could you please explain me the difference between the Direct plans and regular plans and how would it affect the returns in long term (10-15 yrs) and short term (3-5 yrs)?
Regards,
Praveen