Invest Ksh 5,000,000 in Mayfair MMF for 20 years.
At Mayfair Money Market Fund's current net yield of 5.75% (after Kenya's 15% withholding tax), a Ksh 5,000,000 deposit grows to about Ksh 15,789,534 after 20 years — about Ksh 10,789,534 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 15,789,534
3.16× your deposit
Deposited
Ksh 5,000,000
One-off, no withdrawals
Interest earned
Ksh 10,789,534
At 5.75% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 5,000,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 62,310,691 over the same 20 years — that's -Ksh 46,521,157 less than Mayfair Money Market Fund.