Invest Ksh 2,000,000 in Equity MMF for 3 years.
At Equity Money Market Fund's current net yield of 4.09% (after Kenya's 15% withholding tax), a Ksh 2,000,000 deposit grows to about Ksh 2,261,075 after 3 years — about Ksh 261,075 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 2,261,075
1.13× your deposit
Deposited
Ksh 2,000,000
One-off, no withdrawals
Interest earned
Ksh 261,075
At 4.09% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 2,000,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 2,919,906 over the same 3 years — that's -Ksh 658,831 less than Equity Money Market Fund.