CT Smith High Yield Fund vs NDB Wealth Money Plus Fund
Prices as at 26 Aug 2026. Both are money market 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 CT Smith High Yield Fund returned +4.26% and NDB Wealth Money Plus Fund returned +4.02%, both to 26 Aug 2026. CT Smith High Yield Fund is the cheaper of the two at 0.50% a year against 0.65%. CT Smith High Yield Fund opens at LKR 1,000.
Side by side
Returns are price returns on the bid side, computed by us from daily published prices.
| CT Smith High Yield Fund | NDB Wealth Money Plus Fund | |
|---|---|---|
| Fund manager | CT Smith Asset Management (Pvt) Ltd | NDB Wealth Management Ltd |
| Category | Money Market | Money Market |
| 180-day returnPrice return, bid side | +4.26% | +4.02% |
| Management feeA year, deducted before pricing | 0.50% | 0.65% |
| VolatilityAnnualised, from daily prices | 0.65% | 0.70% |
| Largest fallPeak to trough, our record | – | – |
| Minimum investment | LKR 1,000 | LKR 5,000 |
| Pricing days we hold | 327 | 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
CT Smith High Yield Fund is run by CT Smith Asset Management (Pvt) Ltd and NDB Wealth Money Plus Fund by NDB Wealth Management Ltd, so this compares two houses as well as two funds. Both are money market 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. CT Smith High Yield Fund charges 0.50% a year against NDB Wealth Money Plus Fund's 0.65%, 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 CT Smith High Yield 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.
Their 180-day returns are close, +4.26% and +4.02%, which is common between two money market funds holding similar instruments over the same stretch. When returns converge like this, the fee and the price variability below are what actually separate the two over time.
Both have moved by a similar amount, with annualised volatility of 0.65% and 0.70%. 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.
CT Smith High Yield Fund opens at LKR 1,000 where NDB Wealth Money Plus Fund requires LKR 5,000, so for a smaller first investment only one of the two is available at all.
Among the 19 money market funds we price daily, CT Smith High Yield Fund ranks 7th on 180-day return and NDB Wealth Money Plus Fund 13th, against a category median of +4.18% over the same window. On fee they sit 6th and 15th cheapest of the 19, where the median is 0.50%. On how much the price has moved, CT Smith High Yield Fund is 8th steadiest and NDB Wealth Money Plus Fund 10th.
Common questions
Which has the lower fee, CT Smith High Yield Fund or NDB Wealth Money Plus Fund?
CT Smith High Yield Fund, at 0.50% a year against 0.65%. 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, CT Smith High Yield Fund or NDB Wealth Money Plus Fund?
Neither is markedly steadier: 0.65% against 0.70% 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?
CT Smith High Yield Fund opens at LKR 1,000 and NDB Wealth Money Plus 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.