Invest Ksh 250,000 in Equity MMF for 10 years.
At Equity Money Market Fund's current net yield of 4.09% (after Kenya's 15% withholding tax), a Ksh 250,000 deposit grows to about Ksh 376,319 after 10 years — about Ksh 126,319 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 376,319
1.51× your deposit
Deposited
Ksh 250,000
One-off, no withdrawals
Interest earned
Ksh 126,319
At 4.09% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 250,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 882,544 over the same 10 years — that's -Ksh 506,225 less than Equity Money Market Fund.