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Old Mutual Investment Group

Old Mutual Equity Fund

Share fund · Regulated by the CMA

Grows at
41.3% a year
after their charges

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.

Hear when this changes

What to watch out for

  • 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.
Try your own numbers
How

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.

They do not publish what you would get back if you stopped early.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 year
44.8% to September 2025, the latest sheet published
Getting out
Next working day; KES 480 minimum
Pays out
Twice a year, January and July
Risk
High, by the sheet's own label; at least 60% always in shares
By phone
Dial *480# to open and top up

How to open this

  • Open with KES 5,000
  • top up from KES 500
  • your money is 1 working days away

What does it cost you?

Yearly charge on your moneythe value of the fund, each year, plus VAT3.37% a year
Taken off each payment you makeyour payments. The terms say no initial fees are charged on unit trust accountsNothing

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.

What they tell you

  • 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 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.
  • Do they warn you the return is not guaranteed?
    Yes, the warning is there.
  • Do they say who regulates them?
    Yes — the CMA. That is who you complain to.

Talk to them

Compared with the others

There are 4 other plans of this kind on the board. See all 5 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 — over a year 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.

This is the most recent figure Old Mutual Investment Group publishes, not the most recent figure that exists. Ask them what the current rate is before you decide anything on the strength of it.

What the documents actually say

Every figure above was read out of a document. These are the sentences, word for word, so you can check them rather than take our word for it.

Where we got this