Invest Ksh 250,000 in CIC MMF for 5 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 353,869 after 5 years — about Ksh 103,869 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 353,869
1.42× your deposit
Deposited
Ksh 250,000
One-off, no withdrawals
Interest earned
Ksh 103,869
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 469,719 over the same 5 years — that's -Ksh 115,850 less than CIC Money Market Fund.