As @kvb said, functions don't support variance so upcast is required for interfaces and subclasses.
Here is a small example demonstrating the behavior with subclasses:
type A() =
member x.A = "A"
type B() =
inherit A()
member x.B = "B"
let f (g: _ -> A) = g()
let a = f (fun () -> A()) // works
let b = f (fun () -> B()) // fails
If function f
is written by you, adding type constraints could help:
// This works for interface as well
let f (g: _ -> #A) = g()
let a = f (fun () -> A()) // works
let b = f (fun () -> B()) // works
Otherwise, you have to do a litle upcast as your example described.