Best performing balanced mutual funds in Nigeria as of September 2026
Nigeria's balanced mutual fund segment recorded a strong increase in net asset value (NAV), reaching N191.02 billion as of September 2026, up 23.94% from N154.13 billion at the end of August, as the segment continued to benefit from investment activity across equities and fixed-income securities. The post Best performing balanced mutual funds in Nigeria as of September 2026 appeared first on…
Nigeria's balanced mutual funds sector experienced a 23.94% surge in net asset value (NAV) to N191.02 billion by September 2026, driven by investment activity in equities and fixed-income securities. Comprising 31 funds, the segment accounts for 1.98% of Nigeria's total mutual fund assets valued at N9.66 trillion. The top 10 performing balanced mutual funds delivered year-to-date returns between 44.87% and 72.33%, with the Capital Express Balanced Fund leading for the third consecutive month.
The sector saw an increase in new investors, with total unitholders rising to 110,494 in September from 107,417 in August. Among the top performers, the Capital Express Balanced Fund managed N5.44 billion in assets, attracting 3,147 unitholders with a YTD return of 44.87%. The Emerging Africa Balanced-Diversity Fund and the Stanbic IBTC Balanced Fund also delivered strong returns, managing N957.74 million and N14.86 billion respectively, with YTD returns of 44.91% and 45.13%.
Brief written by urgent.news from Nairametrics's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
