Below are well-regarded unit trust (mutual fund) providers in Sri Lanka, with a short note on why each is commonly listed among the “best.” Criteria used: size (AUM), track record/performance, range of funds (money‑market, fixed income/gilt, balanced, equity), distribution/reach and reputation. I cite recent local reporting where available.
Top providers (not ranked strictly — choose by your goal and risk tolerance)
- NDB Wealth (NDB Asset Management / NDB Wealth Management)
- Why: One of the largest asset managers in Sri Lanka with over LKR 100+ billion in total AUM and a large unit trust business; broad fund range (money market, income, balanced, equity) and long track record. (agamya.lk)
- JB Vantage / JB Wealth Managers (JB Financial Group)
- Why: Strong presence in equity and balanced funds; some JB equity/balanced funds have been highlighted among better-performing equity offerings in recent market upsides. (See local industry performance summaries below.) (hirunews.lk)
- Asia Securities (Wealth Management / Unit Trust arm)
- Why: Rapid AUM growth recently and placed among the top 5 unit trust managers by end of FY 2024/25; offers money‑market, gilt and dynamic funds that have ranked highly in quarter performance tables. Good for investors seeking actively managed fixed income and gilt exposure. (asiasecurities.lk)
- CIC Asset Management / CIC Unit Trusts
- Why: CIC’s unit trust schemes have been widely reported as large market-share funds (frequently cited in industry AUM breakdowns). Good for conservative investors seeking money‑market and income options. (Industry summaries often list CIC among largest schemes.) (cytonnreport.com)
- NDB, HNB, Commercial Bank / Bank‑linked fund houses (examples)
- Why: Several major commercial banks (HNB, Commercial Bank, Sampath, etc.) and their asset‑management arms have popular unit trust offerings — wide distribution network and convenience for bank customers. Check individual fund factsheets for fees and past returns.
Other notable managers to consider
- Senfin / Senkadagala Finance (has had successful balanced/sector funds in recent periods). (hirunews.lk)
- AsiaPacific / boutique fund managers and some newer entrants — some niche funds have outperformed in specific windows; check track records.
Quick guidance on choosing among providers
- Match the fund type to your goal: money‑market for cash parking; gilt/fixed income for lower volatility income; balanced/equity for growth.
- Look at longer-term track record (3–5+ years) rather than a single good year.
- Compare fees (management fees, entry/exit charges), NAV history, portfolio holdings, and liquidity.
- Confirm regulator status and reading: funds are managed under licensed fund managers and public disclosures / fact sheets should be available on each manager’s website.
- Consider distribution convenience (bank branches, online) and minimum investment amounts.
Recent industry context
- The Sri Lankan unit trust industry has grown in 2024–2025 with rising AUM and several equity funds posting strong returns during the market upswing; total industry AUM and top fund performances are reported by the Unit Trust Association and Sri Lankan business press. (hirunews.lk)
If you want, I can:
- Pull up the current top 5 unit trust funds by AUM (with fund‑level links and latest NAVs),
- Compare 3–5 specific funds (returns, fees, risk) side‑by‑side,
- Or recommend funds based on your investment horizon and risk tolerance.
Which would you like next?