Ceybank Unit Trust vs NDB Wealth Growth & Income Fund
Prices as at 26 Aug 2026. Both are balanced funds, so they are measured over the same window on the same basis. Past performance is not indicative of future results.
In short
Over the last 180 days Ceybank Unit Trust returned −6.94% and NDB Wealth Growth & Income Fund returned −4.00%, both to 26 Aug 2026. NDB Wealth Growth & Income Fund is the cheaper of the two at 1.50% a year against 1.65%. Ceybank Unit Trust opens at LKR 1,000.
Side by side
Returns are price returns on the bid side, computed by us from daily published prices.
| Ceybank Unit Trust | NDB Wealth Growth & Income Fund | |
|---|---|---|
| Fund manager | Ceybank Asset Management Ltd | NDB Wealth Management Ltd |
| Category | Balanced | Balanced |
| 180-day returnPrice return, bid side | −6.94% | −4.00% |
| Management feeA year, deducted before pricing | 1.65% | 1.50% |
| VolatilityAnnualised, from daily prices | 16.86% | 18.61% |
| Largest fallPeak to trough, our record | −12.61% | −15.96% |
| Minimum investment | LKR 1,000 | LKR 5,000 |
| Pricing days we hold | 324 | 327 |
A blank means unknown, not zero: our price record for that fund does not reach back far enough, or the figure is not published.
What actually differs
Ceybank Unit Trust is run by Ceybank Asset Management Ltd and NDB Wealth Growth & Income Fund by NDB Wealth Management 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 clearest difference is the management fee. NDB Wealth Growth & Income Fund charges 1.50% a year against Ceybank Unit Trust's 1.65%, a gap of 0.15 percentage points. On LKR 100,000 held for a year that is about LKR 150 more retained by a holder of NDB Wealth Growth & Income 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, NDB Wealth Growth & Income Fund returned −4.00% against Ceybank Unit Trust's −6.94%, a gap of 2.94 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 16.86% and 18.61%. 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 Unit Trust opens at LKR 1,000 where NDB Wealth Growth & Income Fund requires LKR 5,000, so for a smaller first investment only one of the two is available at all.
Among the 8 balanced funds we price daily, Ceybank Unit Trust ranks 5th on 180-day return and NDB Wealth Growth & Income Fund 2nd, against a category median of −6.93% over the same window. On fee they sit 7th and 6th cheapest of the 8, where the median is 1.00%. On how much the price has moved, Ceybank Unit Trust is 1st steadiest and NDB Wealth Growth & Income Fund 4th.
Common questions
Which has the lower fee, Ceybank Unit Trust or NDB Wealth Growth & Income Fund?
NDB Wealth Growth & Income Fund, at 1.50% a year against 1.65%. The management fee is deducted before the unit price is struck, so the returns shown on this page are already after it.
Which is less volatile, Ceybank Unit Trust or NDB Wealth Growth & Income Fund?
Neither is markedly steadier: 16.86% against 18.61% annualised, measured from daily prices. That is a normal result for two funds in the same category.
Can I hold both funds at the same time?
Yes. Unit trusts are bought independently of each other and holding two does not affect either. Whether holding both makes sense for a particular person depends on their circumstances, which is a question for a licensed investment adviser rather than for this page.
What is the minimum investment for each?
Ceybank Unit Trust opens at LKR 1,000 and NDB Wealth Growth & Income Fund at LKR 5,000. Minimums are set by each fund manager and can change, so treat these as the last published figures rather than a quotation.
This page sets out how two funds differ on measures we can state and date. It is not a recommendation, it does not say which fund is better, and CeylonFunds is not a licensed investment adviser. How every figure is calculated is in our methodology.
Related
Daily unit prices published by the Unit Trust Association of Sri Lanka (utasl.lk). Performance figures as published by the respective fund managers.