LYNEAR Wealth Liquid Money Fund vs NDB Wealth Money Plus Fund

LYNEAR Wealth Liquid Money Fund is run by Lynear Wealth 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. LYNEAR Wealth Liquid Money 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 LYNEAR Wealth Liquid Money 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, +4.18% 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.

They have not moved by the same amount. LYNEAR Wealth Liquid Money Fund has annualised volatility of 0.34% against NDB Wealth Money Plus Fund's 0.70%, meaning NDB Wealth Money Plus Fund's unit price has swung roughly 2.1 times as much day to day. Volatility describes how the price has behaved, not how likely a loss is, and a fund that has been steady can still fall.

NDB Wealth Money Plus Fund opens at LKR 5,000 where LYNEAR Wealth Liquid Money Fund requires LKR 100,000, so for a smaller first investment only one of the two is available at all.

Among the 19 money market funds we price daily, LYNEAR Wealth Liquid Money Fund ranks 10th 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, LYNEAR Wealth Liquid Money Fund is 4th steadiest and NDB Wealth Money Plus Fund 10th.