Invest Ksh 1,000,000 in Britam MMF for 1 years.
At Britam Money Market Fund's current net yield of 8.06% (after Kenya's 15% withholding tax), a Ksh 1,000,000 deposit grows to about Ksh 1,083,928 after 1 year — about Ksh 83,928 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 1,083,928
1.08× your deposit
Deposited
Ksh 1,000,000
One-off, no withdrawals
Interest earned
Ksh 83,928
At 8.06% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 1,000,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 1,134,435 over the same 1 year — that's -Ksh 50,507 less than Britam Money Market Fund.