Invest Ksh 2,000,000 in Gulfcap MMF for 10 years.
At Gulfcap Money Market Fund's current net yield of 9.23% (after Kenya's 15% withholding tax), a Ksh 2,000,000 deposit grows to about Ksh 5,033,072 after 10 years — about Ksh 3,033,072 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 5,033,072
2.52× your deposit
Deposited
Ksh 2,000,000
One-off, no withdrawals
Interest earned
Ksh 3,033,072
At 9.23% 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 7,060,351 over the same 10 years — that's -Ksh 2,027,279 less than Gulfcap Money Market Fund.