NDB Wealth Income Plus Fund vs Senfin Dynamic Income Fund

NDB Wealth Income Plus Fund is run by NDB Wealth Management Ltd and Senfin Dynamic Income Fund by Senfin Asset Management (Pvt) Ltd, so this compares two houses as well as two funds. Both are income / fixed income 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, 0.50% and 0.50% 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.

Their 180-day returns are close, +2.88% and +2.74%, which is common between two income / fixed income 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. NDB Wealth Income Plus Fund has annualised volatility of 0.38% against Senfin Dynamic Income Fund's 3.36%, meaning Senfin Dynamic Income Fund's unit price has swung roughly 8.8 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.

Senfin Dynamic Income Fund opens at LKR 1,000 where NDB Wealth Income Plus Fund requires LKR 5,000, so for a smaller first investment only one of the two is available at all.

Among the 19 income / fixed income funds we price daily, NDB Wealth Income Plus Fund ranks 14th on 180-day return and Senfin Dynamic Income Fund 16th, against a category median of +3.71% over the same window. On fee they sit 2nd and 2nd cheapest of the 19, where the median is 0.50%. On how much the price has moved, NDB Wealth Income Plus Fund is 6th steadiest and Senfin Dynamic Income Fund 18th.