Best Balanced Funds in Nigeria
Nigeria has 29 SEC-registered balanced funds trying to do two things at once, grow your money and cushion the swings, and some are much better at the balance than others. We rank them below by yield and size, current as of 19 June 2026, and it updates itself the moment SEC publishes new figures.
Balanced funds split your money across equities, bonds, and money market instruments, aiming for growth without the full swings of a pure stock fund. Across the 29 funds tracked here, published yields currently range from -15.52% to 6.77%, a spread of 22.29% between the highest and lowest performer this reporting week.
Nigeria Energy Sector Fund, managed by SCM Capital Limited, currently leads on week-to-date yield at 6.77%, with a net asset value of ₦3.26B. Balanced funds trade off between the safety of fixed income and the upside of equities, so a fund leading this week isn't necessarily the steadiest performer over a full year, check the year-to-date figure in the leaderboard below too.
Top 10 balanced funds
Tap a metric to re-rank. Tap a fund to see its full numbers.
Ranking updates automatically as new SEC fund data is published.
Why these numbers move
Week-to-date yield reflects only the most recent SEC reporting week, annualised. It moves the most from update to update, since it is sensitive to that week's short-term conditions.
Year-to-date yield smooths this out by tracking cumulative performance since January, so it is a steadier signal if you are comparing funds over a longer horizon.
Fund size (NAV) tells you how much money other investors have placed in the fund. It is a signal of scale and trust, not a signal of return, so a large fund is not automatically a higher-yielding one.
See what a balanced fund return could mean for your money
Balanced funds don’t pay a fixed yield like a money market fund, their return moves with markets. Adjust the amount and rate below to see how sensitive the outcome is to the return you assume.
Estimated balance
after 1 year · gain: NGN 662
Balanced funds vs. money market vs. equity funds
Where balanced funds sit between the stability of money market funds and the growth potential of pure equity funds.
| Money market funds | Fixed income / bond funds | Balanced funds | Equity funds | |
|---|---|---|---|---|
| Median WTD yield | 16.71% | 0.16% | 0.13% | -0.21% |
| Funds tracked | 47 | 42 | 29 | 18 |
| Total NAV | ₦5.95T | ₦443.28B | ₦156.99B | ₦230.16B |
| Risk level | Low | Low-medium | Medium | High |
| Liquidity | High, often next-day | Medium | Medium | Medium |
| Typical horizon | Days to months | 1-5 years | 3-7 years | 5+ years |
Yield, fund count, and NAV are live SEC figures. Risk, liquidity, and horizon are general characteristics of each fund type, not fund-specific guarantees.
About SCM Capital Limited
SCM Capital Limited manages the current top-ranked fund by week-to-date yield, Nigeria Energy Sector Fund, and runs 3 funds tracked on this site in total.
Frequently asked questions
What is a balanced fund?+
A balanced fund is a mutual fund that spreads your money across equities, bonds, and money market instruments in one portfolio. The mix aims to capture some equity growth while cushioning the volatility a pure equity fund would carry.
What do week-to-date (WTD) and year-to-date (YTD) yield mean?+
Week-to-date yield reflects the fund’s reported return over the most recent SEC reporting week, annualised for comparison. Year-to-date yield reflects the cumulative return since the start of the year. For balanced funds, YTD is generally the steadier signal since WTD can swing with the equity portion of the portfolio.
Are balanced funds risk-free?+
No. Balanced funds carry more risk than money market funds because part of the portfolio is invested in equities, which can lose value. They are generally less volatile than pure equity funds, but returns are not guaranteed. Always confirm a fund manager’s SEC registration before investing.
How often does this ranking update?+
This page is generated from the latest SEC collective investment scheme report (currently dated 19 June 2026). Rankings and figures refresh automatically each time SEC publishes new fund data, no manual editing required.
Does a bigger fund mean a better return?+
Not necessarily. A fund’s net asset value (NAV) reflects its size, not its yield. Some of the largest balanced funds by NAV are not the highest-yielding, and smaller funds can post competitive returns. Check both figures separately before deciding.
Educational use only. Figures are useful for comparison but are not investment advice.