Invest Ksh 250,000 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 250,000 deposit grows to about Ksh 781,599 after 15 years — about Ksh 531,599 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 781,599
3.13× your deposit
Deposited
Ksh 250,000
One-off, no withdrawals
Interest earned
Ksh 531,599
At 7.60% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 250,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 1,658,191 over the same 15 years — that's -Ksh 876,591 less than Sanlam Money Market Fund.