Invest Ksh 100,000 in Madison MMF for 20 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 504,209 after 20 years — about Ksh 404,209 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 504,209
5.04× your deposit
Deposited
Ksh 100,000
One-off, no withdrawals
Interest earned
Ksh 404,209
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 1,246,214 over the same 20 years — that's -Ksh 742,005 less than Madison Money Market Fund.