How much will I earn if I invest Ksh 500,000 in Apollo Money Market Fund for 1 years?

At Apollo Money Market Fund's net yield of 7.22% per year (after Kenya's 15% withholding tax, as of Feb 2026), a Ksh 500,000 lump sum grows to approximately Ksh 537,431 after 1 years — about Ksh 37,431 in interest, assuming daily compounding and no withdrawals.

What is Apollo Money Market Fund's current net yield?

Apollo Money Market Fund is managed by Apollo Asset Management and currently yields 8.50% gross, which is 7.22% net after Kenya's 15% withholding tax.

Would a Kenyan bank savings account earn more than Apollo MMF?

Unlikely. The best Kenyan bank deposit rate is at Credit Bank (12.68%). The same Ksh 500,000 deposited there would grow to about Ksh 567,218 — typically less than Ksh 537,431 in Apollo Money Market Fund.

Apollo Money Market Fund · Feb 2026

Invest Ksh 500,000 in Apollo MMF for 1 years.

At Apollo Money Market Fund's current net yield of 7.22% (after Kenya's 15% withholding tax), a Ksh 500,000 deposit grows to about Ksh 537,431 after 1 year — about Ksh 37,431 in interest, assuming daily compounding and no withdrawals.

Final balance

Ksh 537,431

1.07× your deposit

Deposited

Ksh 500,000

One-off, no withdrawals

Interest earned

Ksh 37,431

At 7.22% net p.a.

Year by year

vs keeping it in a bank savings account

The same Ksh 500,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 567,218 over the same 1 year — that's -Ksh 29,786 less than Apollo Money Market Fund.

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