Before comparing funds, learn where the costs are disclosed. The scheme information document and factsheet explain charges and terms. Read the details for the specific scheme and plan; do not rely on a headline alone.
The total expense ratio is an ongoing scheme expense expressed as a percentage of assets. An exit load, where applicable, is a charge that may apply when units are redeemed within a specified period. Transaction costs can also arise within a portfolio. These are different items, so compare like with like.
Charges are only one part of understanding an investment. Read the scheme objective, risks, asset allocation, benchmark, and other official disclosures before drawing conclusions.