Invest Ksh 100,000 in Equity MMF for 15 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 184,682 after 15 years — about Ksh 84,682 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 184,682
1.85× your deposit
Deposited
Ksh 100,000
One-off, no withdrawals
Interest earned
Ksh 84,682
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 663,276 over the same 15 years — that's -Ksh 478,594 less than Equity Money Market Fund.