Step by Step Insurance – MMF Calculator
Insurance Calculator
How to Use This Calculator
Use this calculator to estimate the returns on your Money Market Funds (MMFs) investment. Fill in the required fields below:
- Initial Deposit: Enter the initial amount you plan to invest. (Make sure not to choose below the minimum investment required for the chosen MMF)
- Monthly Contribution: Specify the amount you will contribute monthly.
- Number of Years: Enter the duration of the investment in years.
Money Market Fund Providers (Feb 28th 2025)
| Provider | Annual Rate (%) | Net Return (%) | Minimum Investment (KES) |
|---|---|---|---|
| CIC Money Market Fund | 14.00 | 11.90 | 5,000 |
| Sanlam Money Market Fund | 13.80 | 11.73 | 2,500 |
| Britam Money Market Fund | 13.20 | 11.22 | 1,000 |
| Apollo Money Market Fund | 12.80 | 10.88 | 3,000 |
| Madison Group | 12.70 | 10.80 | 5,000 |
| Jubilee Money Market Fund | 12.70 | 10.80 | 5,000 |
| Old Mutual Money Market Fund | 12.60 | 10.71 | 1,000 |
| ICEA Money Market Fund | 12.40 | 10.54 | 500 |
How Step by Step Insurance Helps You Choose
We are professional investment advisors who guide you in selecting the Money Market Fund (MMF) that aligns with your financial goals. Whether you’re saving for short-term goals, diversifying your portfolio, or looking for a balance of liquidity and returns, our team evaluates your specific needs and recommends the best provider accordingly.
| Provider | Unique Feature | Best For |
|---|---|---|
| CIC Money Market Fund | High Annual Rate of 14.00% | Investors seeking maximum returns with a moderate minimum deposit |
| Sanlam Money Market Fund | Strong institutional backing | Those looking for stability and a reputable brand |
| Britam Money Market Fund | Easy mobile integration & quick withdrawals | Tech-savvy, mobile-first investors |
| Apollo Money Market Fund | Steady returns & brand presence | Mid-range investors (min KES 3,000) |
| Madison Group | Competitive rate, strong track record | Return-focused savers with higher capital |
| Jubilee Money Market Fund | Tax-friendly structures | Investors looking for possible tax advantages |
| Old Mutual Money Market Fund | Flexible contributions & reputable brand | Beginner to mid-level investors seeking trusted management |
| ICEA Money Market Fund | Lowest minimum investment requirement | First-time investors or those starting with small amounts |
Further Reading
- Top Money Market Funds in Kenya 2025 – A comprehensive guide comparing the best providers, their rates, and unique features.
- How to Choose the Best Money Market Fund in Kenya – Learn the key factors to consider, from fees and returns to liquidity and fund stability.
- Investment Funds in Kenya: Understanding Unit Trusts and Money Market Funds – Discover the differences between unit trusts and MMFs, and how each can fit into your investment strategy.
Disclaimer: Money Market Fund rates are subject to change according to the Nairobi Stock Market Exchange. The rates above are valid as of Feb 28th 2025.
We are investment advisors, dedicated to helping you choose the best MMF that fits your needs. However, all investments carry risk. Always conduct your own due diligence or consult a licensed professional.
