Invest Ksh 1,000,000 in Orient Kasha MMF for 1 years.
At Orient Kasha Money Market Fund's current net yield of 8.01% (after Kenya's 15% withholding tax), a Ksh 1,000,000 deposit grows to about Ksh 1,083,386 after 1 year — about Ksh 83,386 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 1,083,386
1.08× your deposit
Deposited
Ksh 1,000,000
One-off, no withdrawals
Interest earned
Ksh 83,386
At 8.01% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 1,000,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 1,134,435 over the same 1 year — that's -Ksh 51,049 less than Orient Kasha Money Market Fund.