How much will I earn if I invest Ksh 500,000 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 500,000 lump sum grows to approximately Ksh 548,505 after 1 years — about Ksh 48,505 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 500,000 deposited there would grow to about Ksh 567,218 — typically less than Ksh 548,505 in Nabo Africa Money Market Fund.

Nabo Africa Money Market Fund · Feb 2026

Invest Ksh 500,000 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 500,000 deposit grows to about Ksh 548,505 after 1 year — about Ksh 48,505 in interest, assuming daily compounding and no withdrawals.

Final balance

Ksh 548,505

1.10× your deposit

Deposited

Ksh 500,000

One-off, no withdrawals

Interest earned

Ksh 48,505

At 9.26% net p.a.

Year by year

vs keeping it in a bank savings account

The same Ksh 500,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 567,218 over the same 1 year — that's -Ksh 18,713 less than Nabo Africa Money Market Fund.

Similar scenarios