Invest Ksh 250,000 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 250,000 deposit grows to about Ksh 461,705 after 15 years — about Ksh 211,705 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 461,705
1.85× your deposit
Deposited
Ksh 250,000
One-off, no withdrawals
Interest earned
Ksh 211,705
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 1,658,191 over the same 15 years — that's -Ksh 1,196,485 less than Equity Money Market Fund.