Ceybank Century Growth vs Ceylon Financial Sector Fund

Ceybank Century Growth is run by Ceybank Asset Management Ltd and Ceylon Financial Sector Fund by Ceylon Asset Management Limited, so this compares two houses as well as two funds. Both are equity 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 clearest difference is the management fee. Ceylon Financial Sector Fund charges 1.00% a year against Ceybank Century Growth's 1.65%, a gap of 0.65 percentage points. On LKR 100,000 held for a year that is about LKR 650 more retained by a holder of Ceylon Financial Sector Fund, before any difference in what the two funds actually earn. The fee is deducted from the fund's assets before the unit price is struck, so it applies whatever the market does — which makes it the one number here that is knowable in advance.

Over the 180 days to the date shown, Ceybank Century Growth returned −3.93% against Ceylon Financial Sector Fund's −12.71%, a gap of 8.78 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 18.39% and 16.18%. 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.

Ceybank Century Growth opens at LKR 1,000 where Ceylon Financial Sector Fund requires LKR 5,000, so for a smaller first investment only one of the two is available at all.

Among the 15 equity funds we price daily, Ceybank Century Growth ranks 7th on 180-day return and Ceylon Financial Sector Fund 14th, against a category median of −4.51% over the same window. On fee they sit 11th and 2nd cheapest of the 15, where the median is 1.50%. On how much the price has moved, Ceybank Century Growth is 7th steadiest and Ceylon Financial Sector Fund 3rd.