Invest Ksh 2,000,000 in Sanlam MMF for 15 years.
At Sanlam Money Market Fund's current net yield of 7.60% (after Kenya's 15% withholding tax), a Ksh 2,000,000 deposit grows to about Ksh 6,252,795 after 15 years — about Ksh 4,252,795 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 6,252,795
3.13× your deposit
Deposited
Ksh 2,000,000
One-off, no withdrawals
Interest earned
Ksh 4,252,795
At 7.60% 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 13,265,524 over the same 15 years — that's -Ksh 7,012,730 less than Sanlam Money Market Fund.