Invest Ksh 250,000 in Enwealth MMF for 10 years.
At Enwealth Money Market Fund's current net yield of 8.79% (after Kenya's 15% withholding tax), a Ksh 250,000 deposit grows to about Ksh 602,059 after 10 years — about Ksh 352,059 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 602,059
2.41× your deposit
Deposited
Ksh 250,000
One-off, no withdrawals
Interest earned
Ksh 352,059
At 8.79% 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 280,485 less than Enwealth Money Market Fund.