Balanced category
Balanced unit trusts in Sri Lanka
Compare Sri Lankan balanced unit trusts that split between equities and fixed income. See reported YTD returns, 5-year CAGR, and NAV from the latest UTASL snapshot.
Balanced funds mix CSE-listed equities with government securities and corporate debt. They aim for steadier growth than pure equity funds, with less drawdown risk in falling markets.
Highest reported YTD
6.49%
NDB Wealth Growth & Income Fund
Funds in view
10
matching the category
Combined NAV
LKR 20.6B
May 2026
Balanced funds ranked by reported YTD return
Full universeRanked by the YTD return published in the same UTASL monthly report. The annualized pace is included only as a calculated scenario; always verify the figures and offering document with the asset manager. Paid placements do not affect inclusion or rank.
NDB Wealth Growth & Income Fund
NDB Wealth Management Ltd
Reported YTD
Latest UTASL report period
6.49%
- Annualized pace*
- 16.42%
- 5-year CAGR
- 22.45%
- NAV / unit
- LKR 128.20
- Fund NAV
- LKR 2.7B
CT Smith Equity Fund
CT Smith Asset Management (Pvt) Ltd
Reported YTD
Latest UTASL report period
5.94%
- Annualized pace*
- 14.97%
- 5-year CAGR
- 30.90%
- NAV / unit
- LKR 70.06
- Fund NAV
- LKR 602.1M
First Capital Equity Fund (FCEF)
First Capital Asset Management Limited
Reported YTD
Latest UTASL report period
3.74%
- Annualized pace*
- 9.28%
- 5-year CAGR
- 27.97%
- NAV / unit
- LKR 4,652.69
- Fund NAV
- LKR 2.0B
Ceybank Unit Trust
Ceybank Asset Management Ltd
Reported YTD
Latest UTASL report period
3.12%
- Annualized pace*
- 7.71%
- 5-year CAGR
- 16.24%
- NAV / unit
- LKR 50.95
- Fund NAV
- LKR 6.7B
National Equity Fund
National Asset Management Limited
Reported YTD
Latest UTASL report period
1.87%
- Annualized pace*
- 4.58%
- 5-year CAGR
- 18.30%
- NAV / unit
- LKR 76.95
- Fund NAV
- LKR 3.6B
Senfin Financial Services Fund
Senfin Asset Management (Pvt) Ltd
Reported YTD
Latest UTASL report period
0.49%
- Annualized pace*
- 1.19%
- 5-year CAGR
- n/a
- NAV / unit
- LKR 22.53
- Fund NAV
- LKR 653.2M
Senfin Cunsumer Staples Fund
Senfin Asset Management (Pvt) Ltd
Reported YTD
Latest UTASL report period
-0.05%
- Annualized pace*
- -0.12%
- 5-year CAGR
- n/a
- NAV / unit
- LKR 21.07
- Fund NAV
- LKR 132.6M
Assetline Income Plus Growth Fund
Assetline Capital (Pvt) Ltd
Reported YTD
Latest UTASL report period
-2.01%
- Annualized pace*
- -4.79%
- 5-year CAGR
- 13.00%
- NAV / unit
- LKR 32.07
- Fund NAV
- LKR 3.5B
CAL Balanced Fund
Capital Alliance Investments Ltd
Reported YTD
Latest UTASL report period
-3.38%
- Annualized pace*
- -7.98%
- 5-year CAGR
- 23.76%
- NAV / unit
- LKR 35.68
- Fund NAV
- LKR 398.6M
ArpicoAtaraxia Equity Income Fund
ArpicoAtaraxia Asset Management Pvt Ltd
Reported YTD
Latest UTASL report period
-8.56%
- Annualized pace*
- -19.45%
- 5-year CAGR
- 28.03%
- NAV / unit
- LKR 19.00
- Fund NAV
- LKR 400.8M
| # | Fund | Reported YTD | Annualized pace* | 5Y CAGR | NAV / unit |
|---|---|---|---|---|---|
| 1 | NDB Wealth Growth & Income Fund NDB Wealth Management Ltd | 6.49% | 16.42% | 22.45% | LKR 128.20 |
| 2 | CT Smith Equity Fund CT Smith Asset Management (Pvt) Ltd | 5.94% | 14.97% | 30.90% | LKR 70.06 |
| 3 | First Capital Equity Fund (FCEF) First Capital Asset Management Limited | 3.74% | 9.28% | 27.97% | LKR 4,652.69 |
| 4 | Ceybank Unit Trust Ceybank Asset Management Ltd | 3.12% | 7.71% | 16.24% | LKR 50.95 |
| 5 | National Equity Fund National Asset Management Limited | 1.87% | 4.58% | 18.30% | LKR 76.95 |
| 6 | Senfin Financial Services Fund Senfin Asset Management (Pvt) Ltd | 0.49% | 1.19% | n/a | LKR 22.53 |
| 7 | Senfin Cunsumer Staples Fund Senfin Asset Management (Pvt) Ltd | -0.05% | -0.12% | n/a | LKR 21.07 |
| 8 | Assetline Income Plus Growth Fund Assetline Capital (Pvt) Ltd | -2.01% | -4.79% | 13.00% | LKR 32.07 |
| 9 | CAL Balanced Fund Capital Alliance Investments Ltd | -3.38% | -7.98% | 23.76% | LKR 35.68 |
| 10 | ArpicoAtaraxia Equity Income Fund ArpicoAtaraxia Asset Management Pvt Ltd | -8.56% | -19.45% | 28.03% | LKR 19.00 |
*Annualized pace is calculated from the reported partial-year return. It is not a published yield, forecast, or guarantee.
Advertising does not affect fund rankings.
Frequently asked questions
What is a balanced unit trust in Sri Lanka?
A balanced fund holds a mix of equities and fixed income, often in a target band (for example 50:50 or 60:40). The blend is intended to soften equity-market volatility while keeping some growth potential.
Who is a balanced fund best suited to?
Investors who want exposure to CSE upside but cannot stomach a pure equity drawdown. Common use cases include medium-term goals 3-7 years out and retirement-stage portfolios needing income with some growth.
How is performance compared between balanced funds?
Look at reported YTD return and 5-year CAGR together with the equity allocation band. Two balanced funds with very different equity weights are not directly comparable.
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Source: Unit Trust Association of Sri Lanka (UTASL) monthly performance reports. Figures are indicative and can contain extraction errors. TaprobaneFi is a research and education site — content on taprobanefi.com/unit-trust-analysis/balanced-unit-trusts-sri-lanka is not personalised investment advice. Always verify with the asset manager before committing capital.