HDFC Mutual Fund – Is this what investors expect?

HDFC Mutual Fund - Arrogance

HDFC Mutual Fund is one of the largest and the most respected fund houses of the country.

What would you expect from such a fund house?

That it would put its customer, the investor, at the centre of all that it does. I thought so too.

Unfortunately, the facts don’t support that notion.

While they might have started with it, I believe they are losing track.

They have indulged in greedy, big business like behaviour playing a upper hand and putting the investor at the receiving end. I am afraid the arrogance of being big is slowly creeping in.

Let me first put across 2 broad observations.

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