Looking to grow your savings with minimal risk? Our Kenya Money Market Fund Calculator lets you estimate your monthly returns using accurate daily compounding, not simple interest.
Best MMFs Kenya 2025 & Rates
| Fund Name | Annual Yield (Gross) | Daily Rate (r ÷ 365) |
|---|---|---|
| GulfCap MMF | 14.20% (H1 2025) | 0.000389 |
| Cytonn MMF | 14.03% | 0.000385 |
| Kuza MMF | 13.19% | 0.000362 |
| Etica MMF | 13.13% | 0.000360 |
| Lofty-Corban MMF | 13.11% | 0.000359 |
| Sanlam MMF | 15.6% (TTM to June 2025) | 0.000429 |
| Madison MMF | 10.94% (Madison Group Limited) | 0.000300 |
| CIC MMF | ~11.8% (Feb 2025) | 0.000323 |
| Britam MMF | ~11.0% | 0.000302 |
| Old Mutual MMF | ~11.22% (Madison Group Limited) | 0.000308 |
| NCBA Money Market Fund | 8.25% (eff. annual) (Wikipedia) | 0.000226 |
| Ziidi MMF (Safaricom) | ~ 7% | 0.000192 |
| Equity MMF | 5.6% (as of April 2025) | 0.000153 |
How MMFs Work in Kenya
MMFs in Kenya accrue earnings daily, reinvesting previous interest to boost returns. This method reflects real-world growth better than flat-rate approximations — often earning 1–1.2% monthly on average, depending on the fund.
How to Use our Kenya MMF Calculator:
- Enter your principal (KES).
- Select your MMF — choices include Gulfcap, Cytonn, Sanlam, Kuza, Etica, and more.
- Choose the number of days, e.g., 30 or 31.
- The calculator shows your month-end net earnings after 15% withholding tax).
FAQs
How much can I earn in a month with a money market fund in Kenya?
With daily compounding MMFs offering 13–15% annual yield, a KES 100,000 deposit earns about KES 1,040 – KES 1,280 gross in 30 days. After 15% tax, you take home around KES 880 – KES 1,090.
Which MMF in Kenya offers the highest yield right now?
As of mid-2025, top-performing MMFs include Gulfcap (~14.2%), Cytonn (~14.0%), and Sanlam (~15.6%). Yields vary, so check the latest before investing.
Are MMFs in Kenya safe and liquid?
Yes—MMFs are regulated by the CMA, invest in high-quality instruments like T-bills, and many allow next-day redemptions through digital platforms.
Do Kenya MMFs really compound daily?
Yes, most Kenya MMFs accrue interest daily, reinvesting your earnings each day—this lets you capitalize on compounding rather than simple interest computation.
