Invest Ksh 250,000 in Madison MMF for 10 years.
At Madison Money Market Fund's current net yield of 8.09% (after Kenya's 15% withholding tax), a Ksh 250,000 deposit grows to about Ksh 561,365 after 10 years — about Ksh 311,365 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 561,365
2.25× your deposit
Deposited
Ksh 250,000
One-off, no withdrawals
Interest earned
Ksh 311,365
At 8.09% 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 882,544 over the same 10 years — that's -Ksh 321,179 less than Madison Money Market Fund.