Invest Ksh 100,000 in Enwealth MMF for 3 years.
At Enwealth Money Market Fund's current net yield of 8.79% (after Kenya's 15% withholding tax), a Ksh 100,000 deposit grows to about Ksh 130,170 after 3 years — about Ksh 30,170 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 130,170
1.30× your deposit
Deposited
Ksh 100,000
One-off, no withdrawals
Interest earned
Ksh 30,170
At 8.79% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 100,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 145,995 over the same 3 years — that's -Ksh 15,826 less than Enwealth Money Market Fund.