How much will I earn if I invest Ksh 2,000,000 in Nabo Africa Money Market Fund for 1 years?

At Nabo Africa Money Market Fund's net yield of 9.26% per year (after Kenya's 15% withholding tax, as of Feb 2026), a Ksh 2,000,000 lump sum grows to approximately Ksh 2,194,020 after 1 years — about Ksh 194,020 in interest, assuming daily compounding and no withdrawals.

What is Nabo Africa Money Market Fund's current net yield?

Nabo Africa Money Market Fund is managed by Nabo Capital and currently yields 10.89% gross, which is 9.26% net after Kenya's 15% withholding tax.

Would a Kenyan bank savings account earn more than Nabo Africa MMF?

Unlikely. The best Kenyan bank deposit rate is at Credit Bank (12.68%). The same Ksh 2,000,000 deposited there would grow to about Ksh 2,268,870 — typically less than Ksh 2,194,020 in Nabo Africa Money Market Fund.

Nabo Africa Money Market Fund · Feb 2026

Invest Ksh 2,000,000 in Nabo Africa MMF for 1 years.

At Nabo Africa Money Market Fund's current net yield of 9.26% (after Kenya's 15% withholding tax), a Ksh 2,000,000 deposit grows to about Ksh 2,194,020 after 1 year — about Ksh 194,020 in interest, assuming daily compounding and no withdrawals.

Final balance

Ksh 2,194,020

1.10× your deposit

Deposited

Ksh 2,000,000

One-off, no withdrawals

Interest earned

Ksh 194,020

At 9.26% net p.a.

Year by year

vs keeping it in a bank savings account

The same Ksh 2,000,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 2,268,870 over the same 1 year — that's -Ksh 74,850 less than Nabo Africa Money Market Fund.

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