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Old Mutual Investment Group

Old Mutual Balanced Fund

Mixed fund · Regulated by the CMA

What is this?

A fund that splits your money between shares, bonds and cash, from KES 5,000 with top-ups from KES 1,000. No entry fee; 3.37% a year plus VAT. It returned 35.1% net in the year to September 2025.

If you put in KES 5,000 a month for 5 years

You pay in
KES 300,000
Charges take
KES 51,021
You'd end up with
KES 816,302
If you stop after 2 years instead

You would have paid in KES 120,000 and get back not disclosed.

They do not publish what you would get back if you stopped early. You would have to ask them.

  • · Based on paying KES 5,000 a month for 5 years.
  • · Their yearly charge is already taken out of the rate they advertise.
  • · The value goes up and down. This is not a promise.
  • · Worked out from the company's own published figures.

The details that matter for this kind of plan

Last year35.1% net to September 2025, the latest sheet published
Getting outNext working day; KES 480 minimum
RiskModerate, by the sheet's own label
By phoneDial *480# to open and top up

What does it cost you?

Yearly charge on your money3.37% a year
Taken off each payment you makeNothing
Charge for taking money outnot disclosed
  • · No withdrawal fee is stated for this fund. The terms set a KES 480 minimum withdrawal and say mobile-money payouts attract the operator's transaction charge.

What if you stop paying?

Nothing happens. There is no plan to keep up.

What if you need the money early?

No lock-in. Withdrawals of KES 480 or more are paid the next working day. The value can fall.

Who this suits

It could work for you if

You want one fund that does the mixing for you and pays out fast.

Think twice if

You want the lowest yearly charge. 3.37% plus VAT is the highest of the balanced funds here.

How openly does this company explain its charges?

BTells you most of it11 of 13 answered
  • What do they charge you every year?
    3.37% a year, taken from the value of the fund, each year, plus VAT.
  • What is taken off the money you pay in?
    Nothing. They state there is no charge here.
  • What does it cost to get out early?
    No exit penalty is printed in the sources we checked.
  • What is the smallest amount you can start with?
    KES 5,000.
  • How long is your money tied up?
    Not at all. You can take it out whenever you want.
  • Is the advertised return before or after their charges?
    After charges. The number you see is the number you get.
  • Do they warn you the return is not guaranteed?
    Yes, the warning is there.
  • Do they tell you what you get back if you stop early?
    You get whatever your money is worth on the day. There is no schedule.
  • Do they list what is not covered?
    This is not insurance, so there is nothing to exclude.
  • Are all their charges published?
    No. 1 charge is mentioned without a figure.
  • Do they say who regulates them?
    Yes — the CMA. That is who you complain to.

This grades how openly things are explained, not whether the plan is good or bad. See how we work it out.

Things to know before you sign

  • · No initial fee. A service fee of 3.37% a year plus VAT, from the September 2025 fact sheet — the latest published when read in August 2026.
  • · Withdrawals are paid the next working day; KES 480 minimum; up to KES 250,000 a day by mobile money.
  • · The terms and conditions are approved by, and fee changes need the approval of, the Capital Markets Authority.

Talk to them

Compared with the others

There are 2 other plans of this kind on the board. See all 3 side by side — what each one leaves you with, and which of them will not say.

How current is this rate?

The 35.1% on this page is the rate Old Mutual Investment Group last declared, as at 2025-09-30 — 11 months old.

The "last 1 year net yield" to September 2025 on Old Mutual's own fact sheet — the latest published when read in August 2026. The fund was roughly half shares and half bonds and cash at the time..

Where we got this