Taifa Money Market Fund (KES)
Money market fund · Regulated by the CMA
Your money is pooled and lent out short term. You can start with KES 500. Ndovu does not say what the fund pays or what it charges each year to run it.
Hear when this changes
The details that matter for this kind of plan
- Who runs it
- Taifa Unit Trust Funds, approved by the Capital Markets Authority
- Sold as
- Ndovu sells this fund as the Ndovu Fund
- Smallest amount
- KES 500 to start
How to open this
- Open with KES 500
What does it cost you?
| Charge for taking money outthe money you take out | Nothing |
|---|---|
| Taken off each payment you makethe money you put in | Nothing |
| Yearly charge on your moneythe fund | 2% a year |
What if you stop paying?
Nothing happens. You can stop adding money and what is there stays invested.
What if you need the money early?
Taking money out is free. Ndovu does not say how many days it takes to reach you.
Who this suits
You have a small amount to start with and you want to put money in and take it out for free.
You want to know what it pays and what it costs before you hand over money. Neither is published.
What they tell you
- What do they charge you every year?2% a year, taken from the fund.
- 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 500.
- Are all their charges published?Yes, every charge they mention has a figure against it.
- Do they say who regulates them?Yes — the CMA. That is who you complain to.
Talk to them
- Website: www.ndovu.co
- If something goes wrong, the CMA is who supervises them.
Compared with the others
There are 24 other plans of this kind on the board. See all 25 side by side — what each one leaves you with, and which of them will not say.
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.
“Ndovu Fund annualized return 10.5%”
Ndovu: Our Plans — the fees on each plan, including the Ndovu Fund management chargethe company itselfread 2026-08-28“Ndovu Fund annualized return 10.5% Compounded daily.”
Ndovu: the Ndovu Fund money market page (states a KES 500 minimum and no other figure)the company itselfread 2026-08-22
Where we got this
- Ndovu: Our Plans — the fees on each plan, including the Ndovu Fund management chargethe company itselfRead on 2026-08-28
- Ndovu: the Ndovu Fund money market page (states a KES 500 minimum and no other figure)the company itselfRead on 2026-08-22
- Ndovu: published fee structure by planthe company itselfRead on 2026-08-22