Step by Step Insurance – MMF Calculator
Money Market Fund Calculator (Rates as at 1st August 2026)
Min: KES 1,000
Note: Net return is after 15% withholding tax. Rates updated 1st August 2026.
How to Use This Calculator
Use this calculator to estimate returns on your Money Market Fund investment:
- Choose MMF Provider: Select from the available fund providers.
- Initial Deposit: Enter your starting investment amount (must meet minimum requirement).
- Monthly Contribution: Optional recurring monthly investment amount.
- Investment Period: Duration of investment in years (can be decimal, e.g., 1.5 years).
Important: Calculations use net returns (after tax) for more accurate projections.
Money Market Fund Providers (as at 1st August 2026)
| Rank | Provider | Annual Rate (%) | Net Return (%) | Minimum Investment |
|---|---|---|---|---|
| 1 | Cytonn Money Market Fund | 11.11 | 9.44 | KES 5,000 |
| 2 | Nabo Africa Money Market Fund | 10.89 | 9.26 | KES 100,000 |
| 3 | Faulu Money Market Fund | 10.67 | 9.07 | KES 1,000 |
| 4 | Enwealth Money Market Fund | 10.61 | 9.02 | KES 1,000 |
| 5 | Lofty Corban MMF | 10.58 | 8.99 | KES 1,000 |
| 6 | Etica Money Market Fund | 10.52 | 8.94 | KES 100 |
| 7 | Madison Money Market Fund | 10.49 | 8.92 | KES 5,000 |
| 8 | Avocado Money Market Fund | 10.45 | 8.88 | KES 1,000 |
| 9 | Kuza Money Market Fund | 10.44 | 8.87 | KES 5,000 |
| 10 | Globetec Money Market Fund | 10.41 | 8.85 | KES 1,000 |
| 11 | Old Mutual Money Market Fund | 10.28 | 8.74 | KES 1,000 |
| 12 | Britam Money Market Fund | 10.23 | 8.70 | KES 5,000 |
| 13 | Orient Kasha Money Market Fund | 10.19 | 8.66 | KES 1,000 |
| 14 | Jubilee Money Market Fund | 10.18 | 8.65 | KES 5,000 |
| 15 | Gulfcap Money Market Fund | 10.11 | 8.59 | KES 5,000 |
| 16 | Gen Africa Money Market Fund | 10.01 | 8.51 | KES 500,000 |
| 17 | SanlamAllianz Money Market Fund | 9.64 | 8.19 | KES 2,500 |
| 18 | Apollo Money Market Fund | 9.37 | 7.96 | KES 1,000 |
| 19 | KCB Money Market Fund | 9.15 | 7.78 | KES 5,000 |
| 20 | Dry Associates MMF | 9.05 | 7.69 | KES 1,000,000 |
| 21 | CPF MMF | 8.82 | 7.50 | KES 5,000 |
| 22 | Genghis Money Market Fund | 8.44 | 7.17 | KES 5,000 |
| 23 | CIC Money Market Fund | 8.32 | 7.07 | KES 5,000 |
| 24 | Mayfair Money Market Fund | 8.08 | 6.87 | KES 5,000 |
| 25 | ICEA LION Money Market Fund | 8.02 | 6.82 | KES 500 |
| 26 | Co-op Money Market Fund | 7.99 | 6.79 | KES 2,000 |
| 27 | African Alliance MMF | 7.87 | 6.69 | KES 1,000 |
| 28 | Equity Money Market Fund | 5.23 | 4.45 | KES 1,000 |
Market Insights – August 2026
Key trends in Kenya’s Money Market Fund landscape (based on 1st August 2026 rates):
- Market Leaders: Cytonn (11.11% gross / 9.44% net) and Nabo (10.89% / 9.26%) lead the ranking.
- Market Average Return (gross): 9.28% – still well above inflation.
- 91-Day T-Bill: 8.83% | 182-Day T-Bill: 8.84% | 364-Day T-Bill: 8.99%
- Central Bank Rate (CBR): 8.75% (June 2026) | Inflation (June 2026): 6.4%
- Accessibility: Etica offers the lowest minimum investment (KES 100).
- Real Returns: Most MMFs continue to provide positive real returns after inflation.
Recommendation: Review your investment strategy quarterly to optimize returns in this dynamic market.
Disclaimer: Money Market Fund rates are subject to change according to market conditions. The rates shown are valid as of 1st August 2026 (source: attached image).
We are investment advisors dedicated to helping you choose the best MMF for your needs. However, all investments carry risk. Always conduct due diligence or consult a licensed professional.
