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Old Mutual Investment Group

Old Mutual Equity Fund

Share fund · Regulated by the CMA

What is this?

A fund that keeps at least 60% in Kenyan shares, from KES 5,000 with top-ups from KES 500. No entry fee; 3.37% a year plus VAT. It returned 44.8% 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 58,770
You'd end up with
KES 994,386
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They do not publish what you would get back if you stopped early.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.
  • · They never say whether their advertised return is before or after charges. We assumed before, which is the less flattering reading.
  • · 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 year44.8% to September 2025, the latest sheet published
Getting outNext working day; KES 480 minimum
Pays outTwice a year, January and July
RiskHigh, by the sheet's own label; at least 60% always in shares
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. Shares fall as well as rise.

Who this suits

It could work for you if

You want shares without picking them, and you can sit through the swings.

Think twice if

You may need the money within a few years, or a 3.37% yearly charge is more than you will pay.

How openly does this company explain its charges?

BTells you most of it11 of 14 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?
    They never say. So you cannot tell what you would actually keep.
  • 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. Digital customers get real-time M-Pesa payouts.
  • · Income is distributed twice a year and is subject to withholding tax, per the sheet.
  • · 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 is 1 other plan of this kind on the board. See all 2 side by side — what each one leaves you with, and which of them will not say.

How current is this rate?

The 44.8% on this page is the rate Old Mutual Investment Group last declared, as at 2025-09-30 — 11 months old.

The one-year return to September 2025, from Old Mutual's own fact sheet — the latest it had published when read in August 2026. The sheet does not say whether this is before or after the 3.37% a year service fee. Shares go down as well as up..

Where we got this