Invest Ksh 1,000,000 in Kuza MMF for 5 years.
At Kuza Money Market Fund (KES)'s current net yield of 8.43% (after Kenya's 15% withholding tax), a Ksh 1,000,000 deposit grows to about Ksh 1,524,172 after 5 years — about Ksh 524,172 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 1,524,172
1.52× your deposit
Deposited
Ksh 1,000,000
One-off, no withdrawals
Interest earned
Ksh 524,172
At 8.43% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 1,000,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 1,878,876 over the same 5 years — that's -Ksh 354,704 less than Kuza Money Market Fund (KES).