Not sure you understand this correctly, “Direct is ALWAYS cheaper” and that’s a fact. Here are the three of the biggest funds in their categories and their expense ratios.
| Scheme | Type | Regular Expense Ratio | Direct Expense Ratio | Difference |
|---|---|---|---|---|
| HDFC Prudence | Hybrid | 2.26% | 1.16% | 1.10% |
| HDFC Equity Fund | Equity | 2.07% | 1.16% | 0.91% |
| Birla Frontline Equity Fund | Equity | 2.15% | 1.06% | 1.09% |
Also. here is a graphical illustration in case you missed the point
The NAV of a direct fund will remain lower than the NAV of a direct fund and you miss out on the compounding effect
