since you seem to have done good research, lets take the midcap category, timeframe of 10 and 10 plus years and base fund as HDFC midcap opportunities growth. Now how much cagr this fund gave vs someone who switched top performing fund in same category every 2-3 years? (although its impossible to know this in advance) …so real comparison maybe cagr of someone who held 6 different funds of same category.
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