Invest Ksh 100,000 in Equity MMF for 5 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 122,690 after 5 years — about Ksh 22,690 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 122,690
1.23× your deposit
Deposited
Ksh 100,000
One-off, no withdrawals
Interest earned
Ksh 22,690
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 187,888 over the same 5 years — that's -Ksh 65,198 less than Equity Money Market Fund.