Invest Ksh 100,000 in Madison MMF for 1 years.
At Madison Money Market Fund's current net yield of 8.09% (after Kenya's 15% withholding tax), a Ksh 100,000 deposit grows to about Ksh 108,425 after 1 year — about Ksh 8,425 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 108,425
1.08× your deposit
Deposited
Ksh 100,000
One-off, no withdrawals
Interest earned
Ksh 8,425
At 8.09% 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 113,444 over the same 1 year — that's -Ksh 5,018 less than Madison Money Market Fund.