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A.R.B.J Rajapaksha
A.R.B.J Rajapaksha
Mar 09 2026
103Rating Upgraded to “A” (Stable Outlook)
Monthly Income Option
The Ceylon Money Market Fund (CMMF) managed by Ceylon Asset Management (CAM) ranked as Sri Lanka’s best performing Money Market Fund reporting a return of 8.92% p.a. (Net of Withholding Tax) in 2025 according to the Unit Trust Association data.
The Fund was upgraded to an “A” rating with a Stable Outlook by the Lanka Rating Agency (LRA), reflecting its prudent investment policies focused on capital preservation, liquidity, and steady income generation, aligned with the expectations of risk-conscious investors.
Since Sri Lanka’s 2022–2023 financial crisis and the subsequent bond restructuring, investors have become more conscious of risk and return volatility. Money market funds have gained popularity due to their relatively lower volatility, daily income accrual, and the ability to withdraw funds at any time, similar to a savings account.
Investors, including pensioners, can select a monthly income option that provides a secure and stable income stream. The Ceylon Money Market Fund also offers a 10% tax credit for both retail and institutional investors, which may be applied against income tax liabilities in accordance with prevailing tax regulations.
Commenting on the achievement, Mr. Dulindra Fernando, CFA, Managing Director of Ceylon Asset Management, stated: “The rating upgrade to “A” with a Stable Outlook, while being the top performer, is a strong endorsement and commitment to optimizing returns for investors.”
Hatton National Bank acts as the Trustee and Custodian Bank of the fund, licensed by the Securities and Exchange Commission of Sri Lanka. CAM is an Associate Company of Sri Lanka Insurance Corporation (SLIC).
Disclaimer: Past performance is not an indicator of future performance. Investors are advised to read and understand the contents of the KIID before investing. Among others, investors shall consider the fees and the charges involved. LRA has conducted a fund rating and published the report on their website. Current rating assigned is subject to revisions and any subsequent changes to the rating will be notified to the unit holders.
