Invest Ksh 250,000 in Gulfcap MMF for 5 years.
At Gulfcap Money Market Fund's current net yield of 9.23% (after Kenya's 15% withholding tax), a Ksh 250,000 deposit grows to about Ksh 396,590 after 5 years — about Ksh 146,590 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 396,590
1.59× your deposit
Deposited
Ksh 250,000
One-off, no withdrawals
Interest earned
Ksh 146,590
At 9.23% 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 469,719 over the same 5 years — that's -Ksh 73,129 less than Gulfcap Money Market Fund.