I am not sure whether it is right category or right forum to ask, but still I am typing away. My question is with regard to the expense ratio in Debt Mutual funds, I am looking at two funds one is Principal income fund which has expense ratio of 0.01%, 5 year return of 8.80 and another is franklin India short term plan which has expense ratio of 1.18%, 5 year return of 9.81.
https://www.valueresearchonline.com/funds/newsnapshot.asp?schemecode=1717
My question is after deducting expense ratio of 1.18% from franklin India short term plan the return is (9.81-1.18 = 8.63) while for principal income fund it is (8.80-0.01 = 8.79) so is my calculation right ? Did principal income fund gave better returns than franklin Indian short term plan… Thanks in advance for your clarification.