Invest Ksh 250,000 in CIC MMF for 10 years.
At CIC Money Market Fund's current net yield of 6.95% (after Kenya's 15% withholding tax), a Ksh 250,000 deposit grows to about Ksh 500,894 after 10 years — about Ksh 250,894 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 500,894
2.00× your deposit
Deposited
Ksh 250,000
One-off, no withdrawals
Interest earned
Ksh 250,894
At 6.95% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 250,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 882,544 over the same 10 years — that's -Ksh 381,650 less than CIC Money Market Fund.