Invest Ksh 500,000 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 500,000 deposit grows to about Ksh 548,670 after 1 year — about Ksh 48,670 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 548,670
1.10× your deposit
Deposited
Ksh 500,000
One-off, no withdrawals
Interest earned
Ksh 48,670
At 9.29% 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 18,548 less than Arvocap Money Market Fund.