Invest Ksh 5,000,000 in Britam MMF for 3 years.
At Britam Money Market Fund's current net yield of 8.06% (after Kenya's 15% withholding tax), a Ksh 5,000,000 deposit grows to about Ksh 6,367,527 after 3 years — about Ksh 1,367,527 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 6,367,527
1.27× your deposit
Deposited
Ksh 5,000,000
One-off, no withdrawals
Interest earned
Ksh 1,367,527
At 8.06% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 5,000,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 7,299,765 over the same 3 years — that's -Ksh 932,238 less than Britam Money Market Fund.