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This table shows the performance of Money Market Funds (MMFs) in Kenya as of December 20, 2024, and helps you understand where you can invest your money for the best returns.
It breaks down how much each fund earns before taxes (Nominal Rate), after taxes (After-Tax Returns), and the actual growth of your money after adjusting for inflation (Real Return).
The Cytonn Money Market Fund ranks the highest, with a real return of 13.94%, meaning your investment grows significantly even after accounting for inflation. Other top performers include Lofty Corban (13.42%) and Gulfcap (13.13%).
For context, the average real return across all funds is 10.92%, which is a good benchmark to evaluate performance.
Some funds, like ABSA Shilling MMF (9.62%) and African Alliance Kenya MMF (9.19%), provide below-average returns, while Equity Money Market Fund offers the lowest real return at 5.60%.
These lower-performing funds might not help your money grow enough to keep up with rising prices, making them less attractive for most investors.
On the other hand, mid-level funds like Kuza (12.92%) and Arvocap (12.32%) offer steady returns, making them good options if you want a balance between growth and stability.
To make the best investment decisions, focus on funds with high real returns, as this reflects how much your money will grow in practical terms.
Diversifying your investments across the top-performing funds can help you reduce risks while maximizing returns.
This table shows that by carefully choosing the right MMF, you can grow your savings while protecting their value against inflation and taxes.
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