Invest Ksh 500,000 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 500,000 deposit grows to about Ksh 748,120 after 5 years — about Ksh 248,120 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 748,120
1.50× your deposit
Deposited
Ksh 500,000
One-off, no withdrawals
Interest earned
Ksh 248,120
At 8.06% 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 939,438 over the same 5 years — that's -Ksh 191,318 less than Britam Money Market Fund.