Money market fund plans, side by side
Your money is lent out short term. Safe and easy to reach, grows slowly.
On this example, Madison Money Market Fund from Madison Investment Managers comes out ahead: KES 379,702.
Ordered by what you would actually be left with — the same money in, over the same years, with each plan's own charges taken out. Not by the rate each one advertises. The example is the same for every plan here: KES 5,000 a month for 5 years.
Try your own numbers
How
| Plan | Rate they quote | Charges take | You'd end up with |
|---|---|---|---|
| Madison Money Market FundMadison Investment Managers | 10.56% quoted nowafter charges | KES 0 | KES 379,702 |
| Etica Money Market Fund (KES)Etica Capital | 10.18% quoted nowafter charges | KES 17,786 | KES 376,400 |
| Lofty Corban Money Market Fund (KES)Lofty Corban Unit Trust Scheme | 10.03% quoted nowbasis not stated | KES 17,135 | KES 355,391 |
| Enwealth Money Market FundEnwealth Capital Unit Trust Scheme | 9.88012% quoted nowbefore charges | KES 17,095 | KES 354,190 |
| CIC Money Market FundCIC Asset Management | 8.43% quoted nowbasis not stated | KES 16,722 | KES 342,832 |
| Old Mutual Money Market FundOld Mutual Unit Trust Scheme | 5.3% last declaredafter charges | KES 16,502 | KES 337,031 |
| NCBA Money Market FundNCBA Investment Bank | 6.92% quoted nowbasis not stated | KES 16,345 | KES 331,490 |
- Madison Money Market FundMadison Investment Managers
- Rate they quote
- 10.56% quoted nowafter charges
- Charges take
- KES 0
- You'd end up with
- KES 379,702
- Etica Money Market Fund (KES)Etica Capital
- Rate they quote
- 10.18% quoted nowafter charges
- Charges take
- KES 17,786
- You'd end up with
- KES 376,400
- Lofty Corban Money Market Fund (KES)Lofty Corban Unit Trust Scheme
- Rate they quote
- 10.03% quoted nowbasis not stated
- Charges take
- KES 17,135
- You'd end up with
- KES 355,391
- Enwealth Money Market FundEnwealth Capital Unit Trust Scheme
- Rate they quote
- 9.88012% quoted nowbefore charges
- Charges take
- KES 17,095
- You'd end up with
- KES 354,190
- CIC Money Market FundCIC Asset Management
- Rate they quote
- 8.43% quoted nowbasis not stated
- Charges take
- KES 16,722
- You'd end up with
- KES 342,832
- Old Mutual Money Market FundOld Mutual Unit Trust Scheme
- Rate they quote
- 5.3% last declaredafter charges
- Charges take
- KES 16,502
- You'd end up with
- KES 337,031
- NCBA Money Market FundNCBA Investment Bank
- Rate they quote
- 6.92% quoted nowbasis not stated
- Charges take
- KES 16,345
- You'd end up with
- KES 331,490
18 more in this group
Etica Money Market Fund (USD)
Etica CapitalMoney market fund
From USD 100 to startCash in 3 daysNothing back for 1 monthSold in: US dollars, from USD 1006.99% in the banner, 6.53% lower down the same pageZiidi Money Market Fund
Ziidi Collective Investment SchemeMoney market fund
From KES 100 to startCash in 0 daysH1 2026 total assets: KES 20.33BKES 679.95MH1 2026 total investment income: KES 918.29MH1 2026 management fees: KES 201.61MH1 2026 unit-holder balances: KES 20.21BManagement fee: 2% per annumMinimum to start: KES 100Minimum to withdraw: KES 10Withdrawal speed: Instant to M-PESAWithholding tax: 15% on interestEnwealth Dollar Money Market Fund
Enwealth Capital Unit Trust SchemeMoney market fund
From USD 100/moSmallest amount: USD 500 to startAnnual management fee: 2%Fees either way: Nothing in, nothing outKCB Money Market Fund
KCB Asset ManagementMoney market fund
From KES 5,000 to startCash in 2 daysLeave any timeRate last updated: July 2024, on KCB's own pageMoney out in: 2 working daysIt has paid15.9% a yeartheir figure, after chargesNabo Africa Money Market Fund
Nabo Africa FundsMoney market fund
Nothing back for 6 monthsMinimum investment KES 10,000, minimum top-up KES 10,000Current return: up to 12% per annumTaifa Money Market Fund (KES)
Taifa Unit Trust FundsMoney market fund
From KES 500 to startSold as: Ndovu sells this fund as the Ndovu FundNCBA Money Market Fund (USD)
NCBA Investment BankMoney market fund
From USD 100 to startCash in 2 daysSold in: US dollars, from USD 100CIC Dollar Fund
CIC Asset ManagementMoney market fund
From USD 1,000 to startSmallest amount: USD 1,000 to startYearly charge: 1.5% of your moneyLofty Corban Money Market Fund (USD)
Lofty Corban Unit Trust SchemeMoney market fund
From USD 100 to startAbsa Dollar Money Market Fund
Absa Unit Trust FundsMoney market fund
Yearly charge: 1% of your moneyCost to invest: Nothing to put money inAbsa Shilling Money Market Fund
Absa Unit Trust FundsMoney market fund
Yearly charge: 2% of your moneyCost to invest: Nothing to put money inJubilee Money Market Fund (KES)
Jubilee InsuranceMoney market fund
From KES 100 to startThey quote10.34% a yeartheir figure, after chargesKuza Money Market Fund (KES)
Kuza Asset Management Unit Trust SchemeMoney market fund
From KES 5,000 to startThey quote10.44% a yeartheir figure, basis not statedICEA LION Money Market Fund
ICEA LION Asset ManagementMoney market fund
From KES 500 to startWhat it takes to start: KES 500Smallest amount: KES 500 to startBritam Money Market Fund
Britam Asset ManagersMoney market fund
From KES 1,000 to startIt has paid10.78% a yeartheir figure, after chargesJubilee Money Market Fund (USD)
Jubilee InsuranceMoney market fund
Kuza Money Market Fund (USD)
Kuza Asset Management Unit Trust SchemeMoney market fund
From USD 100 to startZimele Money Market Fund
Zimele Unit Trust SchemeMoney market fund
From KES 100 to startZimele moved it to its fixed income fund
Every figure here is worked out from the company's own published terms.