Arpico Ataraxia Equity Income Fund vs Senfin Consumer Staples Fund

Arpico Ataraxia Equity Income Fund is run by ArpicoAtaraxia Asset Management Pvt Ltd and Senfin Consumer Staples Fund by Senfin Asset Management (Pvt) Ltd, so this compares two houses as well as two funds. Both are balanced funds licensed by the Securities and Exchange Commission of Sri Lanka, which means they are doing broadly the same job, and the differences below are differences in how each house has chosen to do it.

The two charge almost the same management fee, 1.00% and 1.00% a year. In a category where the funds hold similar instruments, a fee difference is often the largest durable difference between two products; here it is not, so the comparison rests on what each holds and how much its price has moved.

Over the 180 days to the date shown, Senfin Consumer Staples Fund returned −5.45% against Arpico Ataraxia Equity Income Fund's −15.14%, a gap of 9.69 percentage points. That is one window: a different 180 days would very likely order them differently, and neither figure predicts the next six months. Both are price returns on the bid side and exclude income a fund distributed rather than accrued into its price.

Both have moved by a similar amount, with annualised volatility of 22.18% and 26.55%. For two funds in the same category that is the expected result, and it means neither has taken noticeably more price movement than the other to arrive at its return.

Among the 8 balanced funds we price daily, Arpico Ataraxia Equity Income Fund ranks 8th on 180-day return and Senfin Consumer Staples Fund 3rd, against a category median of −6.93% over the same window. On fee they sit 3rd and 3rd cheapest of the 8, where the median is 1.00%. On how much the price has moved, Arpico Ataraxia Equity Income Fund is 6th steadiest and Senfin Consumer Staples Fund 8th.