Invest Ksh 100,000 in Equity MMF for 1 years.
At Equity Money Market Fund's current net yield of 4.09% (after Kenya's 15% withholding tax), a Ksh 100,000 deposit grows to about Ksh 104,175 after 1 year — about Ksh 4,175 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 104,175
1.04× your deposit
Deposited
Ksh 100,000
One-off, no withdrawals
Interest earned
Ksh 4,175
At 4.09% 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 113,444 over the same 1 year — that's -Ksh 9,269 less than Equity Money Market Fund.