Invest Ksh 100,000 in Gulfcap MMF for 3 years.
At Gulfcap Money Market Fund's current net yield of 9.23% (after Kenya's 15% withholding tax), a Ksh 100,000 deposit grows to about Ksh 131,899 after 3 years — about Ksh 31,899 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 131,899
1.32× your deposit
Deposited
Ksh 100,000
One-off, no withdrawals
Interest earned
Ksh 31,899
At 9.23% 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 145,995 over the same 3 years — that's -Ksh 14,096 less than Gulfcap Money Market Fund.