Invest Ksh 100,000 in Equity MMF for 20 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 226,586 after 20 years — about Ksh 126,586 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 226,586
2.27× your deposit
Deposited
Ksh 100,000
One-off, no withdrawals
Interest earned
Ksh 126,586
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 1,246,214 over the same 20 years — that's -Ksh 1,019,628 less than Equity Money Market Fund.