Invest Ksh 2,000,000 in Arvocap MMF for 1 years.
At Arvocap Money Market Fund's current net yield of 9.29% (after Kenya's 15% withholding tax), a Ksh 2,000,000 deposit grows to about Ksh 2,194,678 after 1 year — about Ksh 194,678 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 2,194,678
1.10× your deposit
Deposited
Ksh 2,000,000
One-off, no withdrawals
Interest earned
Ksh 194,678
At 9.29% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 2,000,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 2,268,870 over the same 1 year — that's -Ksh 74,192 less than Arvocap Money Market Fund.