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. Dropdown is sorted by Q2 2026 AUM (Highest to Lowest).
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. The list is sorted by Q2 2026 Assets Under Management (AUM) from highest to lowest.
- 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.
Top 38 Money Market Funds by AUM (Q2 2026)
Source: Capital Markets Authority Collective Investment Schemes Quarterly Report
| Rank | Money Market Fund | Q1 Total AUM (KSh) | Q2 Total AUM (KSh) | Change | Q2 Market Share |
|---|---|---|---|---|---|
| 1 | SanlamAllianz Money Market Fund | 123,360,133,699 | 127,830,055,523 | 3.62% | 27.8% |
| 2 | CIC Money Market Fund | 75,057,623,124 | 71,035,357,788 | -5.36% | 15.4% |
| 3 | Old Mutual Money Market Fund | 26,763,538,501 | 28,776,646,120 | 7.52% | 6.3% |
| 4 | ABSA Shilling Money Market Fund | 24,822,322,696 | 25,782,630,437 | 3.62% | 5.6% |
| 5 | KCB Money Market Fund KES | 19,438,901,351 | 22,234,953,922 | 14.38% | 4.8% |
| 6 | Co-op Money Market Fund | 21,779,633,932 | 21,935,665,758 | 0.72% | 4.8% |
| 7 | ICEA Lion Money Market Fund | 20,442,198,427 | 20,644,175,659 | 0.99% | 4.5% |
| 8 | Ziidi Money Market Fund | 18,222,742,199 | 19,891,341,048 | 9.16% | 4.3% |
| 9 | Britam Money Market Fund | 15,496,491,614 | 15,982,617,416 | 3.14% | 3.5% |
| 10 | Jubilee Money Market Fund KES | 12,537,231,710 | 13,550,118,375 | 8.08% | 2.9% |
| 11 | Etica Money Market Fund | 12,264,663,421 | 12,857,751,690 | 4.84% | 2.8% |
| 12 | Nabo KES Money Market Fund | 7,091,930,198 | 7,629,749,433 | 7.58% | 1.7% |
| 13 | Madison Money Market Fund | 6,049,479,845 | 6,313,599,550 | 4.37% | 1.4% |
| 14 | CPF Money Market Fund | 5,623,871,654 | 5,837,930,843 | 3.81% | 1.3% |
| 15 | Jubilee Money Market Fund USD | 4,680,824,780 | 5,725,204,981 | 22.31% | 1.2% |
| 16 | GenAfrica Money Market Fund | 4,695,923,929 | 5,240,651,126 | 11.60% | 1.1% |
| 17 | Dry Associates MMF USD | 3,565,176,023 | 4,559,035,249 | 27.88% | 1.0% |
| 18 | Dry Associates MMF KES | 4,291,505,142 | 4,533,842,582 | 5.65% | 1.0% |
| 19 | Lofty-Corban KES Money Market Fund | 4,404,317,660 | 4,175,084,701 | -5.20% | 0.9% |
| 20 | CIC Dollar Money Market Fund | 3,815,816,998 | 4,062,880,115 | 6.47% | 0.9% |
| 21 | Apollo Money Market Fund | 3,555,621,623 | 3,934,093,732 | 10.64% | 0.9% |
| 22 | ABSA Dollar Money Market Fund | 2,610,600,886 | 3,187,988,459 | 22.12% | 0.7% |
| 23 | Old Mutual Dollar Money Market Fund | 2,301,771,594 | 2,464,606,674 | 7.07% | 0.5% |
| 24 | Kuza Money Market Fund KES | 2,382,842,960 | 2,433,236,987 | 2.11% | 0.5% |
| 25 | Cytonn Money Market Fund | 2,137,965,852 | 2,323,626,443 | 8.68% | 0.5% |
| 26 | Mali Money Market Fund | 2,213,054,816 | 2,188,468,147 | -1.11% | 0.5% |
| 27 | NCBA Money Market Fund (KES) | 640,822,744 | 2,162,096,626 | 237.39% | 0.5% |
| 28 | Enwealth Money Market Fund | 1,752,346,363 | 2,035,914,958 | 16.18% | 0.4% |
| 29 | Stanbic Money Market Fund | 2,056,385,245 | 1,983,382,084 | -3.55% | 0.4% |
| 30 | Arvocap Money Market Fund | 1,077,450,139 | 1,260,520,052 | 16.99% | 0.3% |
| 31 | KCB Money Market Fund USD | 1,315,956,194 | 1,194,678,647 | -9.22% | 0.3% |
| 32 | Mayfair Money Market Fund | 517,994,510 | 604,635,779 | 16.73% | 0.1% |
| 33 | Nabo Africa Money Market Fund | 660,156,289 | 578,658,071 | -12.35% | 0.1% |
| 34 | Genghis Money Market Fund | 571,009,566 | 555,381,890 | -2.74% | 0.1% |
| 35 | NCBA Money Market Fund USD | 132,630,580 | 529,253,883 | 299.04% | 0.1% |
| 36 | GulfCap Money Market Fund | 785,062,286 | 495,120,600 | -36.93% | 0.1% |
| 37 | Orient Kasha Money Market Fund | 433,761,449 | 435,257,439 | 0.34% | 0.1% |
| 38 | Etica Money Market Fund USD | 412,418,289 | 424,107,992 | 2.83% | 0.1% |
| Total MMF AUM (60 Funds) | 442,199,966,999 | 459,874,570,486 | – | – | |
Market Insights – Q2 2026 AUM
Key trends in Kenya’s Money Market Fund landscape (based on Q2 2026 AUM data):
- Market Leaders by AUM: SanlamAllianz (KES 127.8B, 27.8% share), CIC (KES 71.0B, 15.4% share), and Old Mutual (KES 28.8B, 6.3% share).
- Total Industry AUM: KES 459.87 Billion.
- Consolidation: The top 3 funds control nearly 50% of the total market share, indicating high consolidation.
- Notable Growth: Ziidi (Rank 8) and NCBA KES (Rank 27) experienced significant AUM growth in Q2.
- Global/ USD funds: Several USD-denominated funds are in the top 38, showing increased dollar investment.
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 calculator rates are valid as of 1st August 2026. The AUM data in the table is from the Q2 2026 CMA report.
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.
