NDB Wealth Money Plus Fund vs Senfin Money Market 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 NDB Wealth Money Plus Fund returned +4.02% and Senfin Money Market Fund returned +4.40%, both to 26 Aug 2026. Senfin Money Market Fund is the cheaper of the two at 0.15% a year against 0.65%. NDB Wealth Money Plus Fund has been the steadier, moving 1.6 times less than Senfin Money Market Fund.
Side by side
Returns are price returns on the bid side, computed by us from daily published prices.
| NDB Wealth Money Plus Fund | Senfin Money Market Fund | |
|---|---|---|
| Fund manager | NDB Wealth Management Ltd | Senfin Asset Management (Pvt) Ltd |
| Category | Money Market | Money Market |
| 180-day returnPrice return, bid side | +4.02% | +4.40% |
| Management feeA year, deducted before pricing | 0.65% | 0.15% |
| VolatilityAnnualised, from daily prices | 0.70% | 1.09% |
| Largest fallPeak to trough, our record | – | −0.46% |
| Minimum investment | LKR 5,000 | LKR 1,000 |
| 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
NDB Wealth Money Plus Fund is run by NDB Wealth Management Ltd and Senfin Money Market Fund by Senfin Asset Management (Pvt) 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. Senfin Money Market Fund charges 0.15% a year against NDB Wealth Money Plus Fund's 0.65%, a gap of 0.50 percentage points. On LKR 100,000 held for a year that is about LKR 500 more retained by a holder of Senfin Money Market 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, +4.02% and +4.40%, 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. NDB Wealth Money Plus Fund has annualised volatility of 0.70% against Senfin Money Market Fund's 1.09%, meaning Senfin Money Market Fund's unit price has swung roughly 1.6 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 Money Market 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, NDB Wealth Money Plus Fund ranks 13th on 180-day return and Senfin Money Market Fund 3rd, against a category median of +4.18% over the same window. On fee they sit 15th and 1st cheapest of the 19, where the median is 0.50%. On how much the price has moved, NDB Wealth Money Plus Fund is 10th steadiest and Senfin Money Market Fund 17th.
Common questions
Which has the lower fee, NDB Wealth Money Plus Fund or Senfin Money Market Fund?
Senfin Money Market Fund, at 0.15% 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, NDB Wealth Money Plus Fund or Senfin Money Market Fund?
NDB Wealth Money Plus Fund, with annualised volatility of 0.70% against 1.09%, measured from the daily prices we collect. That describes how much each price has moved in the past; it is not a prediction and not a risk rating.
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?
NDB Wealth Money Plus Fund opens at LKR 5,000 and Senfin Money Market Fund at LKR 1,000. 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.