Invest Ksh 1,000,000 in Britam MMF for 5 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 1,496,240 after 5 years — about Ksh 496,240 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 1,496,240
1.50× your deposit
Deposited
Ksh 1,000,000
One-off, no withdrawals
Interest earned
Ksh 496,240
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 1,878,876 over the same 5 years — that's -Ksh 382,636 less than Britam Money Market Fund.