Apollo Money Market Fund calculator for Ksh 100,000 over 20 years.
Calculate Apollo Money Market Fund returns using the current 7.22%net yield after Kenya's 15% withholding tax. Edit amount, duration and monthly top-up below to model your own MMF returns.
Projected final balance
Ksh 423,701
Ksh 100,000 over 20 years
Estimated interest
Ksh 323,701
At 7.22% net p.a.
Current rank
#20
28 MMFs tracked
Current Apollo Money Market Fund interest rate
Apollo Money Market Fund, managed by Apollo Asset Management, is currently listed at 8.50% gross and 7.22% net after withholding tax. This makes it rank #20 among 28 tracked Kenyan money market funds.
Adjustable calculator
Change amount and duration
Estimate returns for Apollo Money Market Fund using the current net annual rate of 7.22% after tax. Gross rate is 8.50% before withholding tax.
Final balance
Ksh 423,701
Total contribution
Ksh 100,000
Estimated interest
Ksh 323,701
This is an estimate using daily compounding and the displayed net rate. Actual fund returns can change daily and may differ from this projection.
Why use an MMF?
Money market funds are commonly used for short-to-medium term savings, emergency funds and cash parking because they usually provide daily accrual and easier access than long fixed deposits.
Gross vs net yield
Gross yield is before tax. Net yield is after Kenya's 15% withholding tax and is usually the better number for comparing what reaches the investor.
Risks to note
MMF yields are not fixed forever. They can change as Treasury bill, bond and market rates move, so this projection is an estimate, not a guaranteed return.