Ideal for those looking to generate high regular income from their investments and another alternative to invest in government treasury bonds. The funds carry a medium level risk and are invested exclusively in medium to long term Government of Sri Lanka Bonds, Repos and bank deposits.
An excellent alternative to long term fixed deposits with much higher returns and the flexibility of a regular Savings Account where you can withdraw funds anytime. Funds are invested in Corporate Debt such as Commercial Papers, Corporate Debentures, Bonds and Asset Backed Securities. Income generated from the fund is completely tax free to the investor.
The NDB WEALTH INCOME PLUS FUND is a Fixed Income product which works as an excellent alternative to Fixed Deposits with much higher returns. Ideally suited for persons with a fixed investment period. The income is credited daily so you see the value of your investment increasing while you watch. As with all of our products, income generated to the investor is completely tax-free.