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Kenya Money Market Funds — Rates & Comparison

Compare 18 CMA-licensed Kenyan money market funds: reported yields (with their exact metric and period), fund managers, minimum investments, liquidity and risk. Every figure carries its source and date.

What You'll Find Here

Current MMF RatesReported yields, sortedTop FundsHighest reported yieldsMinimums & LiquidityEntry points & redemptionHow MMFs WorkFees, tax and riskMMF CalculatorProject your returnsMMF vs T-BillsWhich fits your goals

Current MMF Rates

FundYieldMetric / PeriodManagerMinLiquiditySource / Updated
Nabo Africa Money Market Fund13.2%Effective annual yield (gross, pre-15% WHT)
June 2026
Nabo CapitalKSh 1,0003-5 daysmmfskenya.com industry table (Jun 2026)
2026-06-22
Cytonn Money Market Fund12%Effective annual yield (gross, pre-15% WHT)
June 2026
Cytonn Asset ManagersKSh 1003-5 daysmmfskenya.com industry table (Jun 2026)
2026-06-22
Etica Money Market Fund11%Effective annual yield (gross, pre-15% WHT)
June 2026
Etica CapitalKSh 1,0003-5 daysmmfskenya.com industry table (Jun 2026)
2026-06-22
Lofty-Corban Money Market Fund10.6%Effective annual yield (gross, pre-15% WHT)
June 2026
Lofty-Corban Investment BankKSh 5,0003-5 daysmmfskenya.com industry table (Jun 2026)
2026-06-22
Old Mutual Money Market Fund10.1%Effective annual yield (gross, pre-15% WHT)
June 2026
Old Mutual KenyaKSh 1002-3 daysmmfskenya.com industry table (Jun 2026) + CMA Q1 2026 CIS report
2026-06-22
Jubilee Money Market Fund10%Effective annual yield (gross, pre-15% WHT)
June 2026
Jubilee Financial ServicesKSh 5,0002-3 daysmmfskenya.com industry table (Jun 2026) + CMA Q1 2026 CIS report
2026-06-22
Britam Money Market Fund9.7%Effective annual yield (gross, pre-15% WHT)
June 2026
Britam Asset ManagersKSh 1,0001-3 daysmmfskenya.com industry table (Jun 2026) + CMA Q1 2026 CIS report
2026-06-22
KCB Money Market Fund9%Effective annual yield (gross, pre-15% WHT)
June 2026
KCB Asset ManagementKSh 1,0001-2 daysmmfskenya.com industry table (Jun 2026) + CMA Q1 2026 CIS report
2026-06-22
Genghis Money Market Fund8.9%Effective annual yield (gross, pre-15% WHT)
June 2026
Genghis CapitalKSh 1,0001-2 daysmmfskenya.com industry table (Jun 2026)
2026-06-22
SanlamAllianz Money Market Fund8.9%Effective annual yield (gross, pre-15% WHT)
June 2026
Sanlam InvestmentsKSh 2,5002-4 daysmmfskenya.com industry table (Jun 2026) + CMA Q1 2026 CIS report
2026-06-22
CIC Money Market Fund8.4%Effective annual yield (gross, pre-15% WHT)
June 2026
CIC Asset ManagementKSh 5,0002-4 daysmmfskenya.com industry table (Jun 2026) + CMA Q1 2026 CIS report
2026-06-22
Co-op Money Market Fund8%Effective annual yield (gross, pre-15% WHT)
June 2026
Co-op Trust Investment ServicesKSh 1,0002-3 daysmmfskenya.com industry table (Jun 2026) + CMA Q1 2026 CIS report
2026-06-22
ICEA Lion Money Market Fund7.6%Effective annual yield (gross, pre-15% WHT)
June 2026
ICEA Lion Asset ManagementKSh 5,0002-3 daysmmfskenya.com industry table (Jun 2026) + CMA Q1 2026 CIS report
2026-06-22
Absa Shilling Money Market Fund7.1%Effective annual yield (gross, pre-15% WHT)
June 2026
Absa Asset ManagementKSh 1,0001-2 daysmmfskenya.com industry table (Jun 2026) + CMA Q1 2026 CIS report
2026-06-22
Ziidi Money Market Fund6.1%Effective annual yield (gross, pre-15% WHT)
June 2026
Safaricom / Enwealth (M-Pesa)KSh 100Same day (M-Pesa)mmfskenya.com industry table (Jun 2026) + CMA Q1 2026 CIS report
2026-06-22
AA Kenya Shillings Fund6%Effective annual yield (gross, pre-15% WHT)
June 2026
AA KenyaKSh 1,0001-2 daysmmfskenya.com industry table (Jun 2026)
2026-06-22
Stanbic Money Market Fund5.2%Effective annual yield (gross, pre-15% WHT)
June 2026
Stanbic Asset ManagementKSh 5,0001 daymmfskenya.com industry table (Jun 2026)
2026-06-22
Equity Money Market Fund5.1%Effective annual yield (gross, pre-15% WHT)
June 2026
Equity Investment BankKSh 1,0001 daymmfskenya.com industry table (Jun 2026)
2026-06-22

Yields are as-reported with their exact metric (e.g. effective annual yield, gross) — never a bare number. Source: mmfskenya.com industry table (Jun 2026) · updated 2026-06-22.

Top MMFs by Reported Yield

Nabo Africa Money Market Fund
13.2%
Effective annual yield (gross, pre-15% WHT) · June 2026
Cytonn Money Market Fund
12%
Effective annual yield (gross, pre-15% WHT) · June 2026
Etica Money Market Fund
11%
Effective annual yield (gross, pre-15% WHT) · June 2026
Lofty-Corban Money Market Fund
10.6%
Effective annual yield (gross, pre-15% WHT) · June 2026
Old Mutual Money Market Fund
10.1%
Effective annual yield (gross, pre-15% WHT) · June 2026
Jubilee Money Market Fund
10%
Effective annual yield (gross, pre-15% WHT) · June 2026

Minimums & Liquidity

Nabo Africa Money Market Fund
KSh 1,000
3-5 days
Cytonn Money Market Fund
KSh 100
3-5 days
Etica Money Market Fund
KSh 1,000
3-5 days
Lofty-Corban Money Market Fund
KSh 5,000
3-5 days
Old Mutual Money Market Fund
KSh 100
2-3 days
Jubilee Money Market Fund
KSh 5,000
2-3 days
Britam Money Market Fund
KSh 1,000
1-3 days
KCB Money Market Fund
KSh 1,000
1-2 days

How MMFs Work

MMF vs T-Bills vs Bank Deposits

Related Investments

Kenya Financial MarketsSACCOsT-BillsBondsMoney Market FundsBanksNSE Kenya stocksLive terminal

Frequently Asked Questions

What is the best MMF in Kenya right now?

Nabo Africa Money Market Fund reports the highest yield in the current reference table (13.2%, Effective annual yield (gross, pre-15% WHT), June 2026). Yield alone isn't everything — check minimums, liquidity and the fund manager. Full comparison below.

Are MMF yields guaranteed?

No — MMF yields move with short-term market rates and past yield is not a guarantee of future returns. Yields shown are as-reported with their exact metric and period (e.g. effective annual yield, gross before withholding tax).

What is the minimum investment for Kenyan MMFs?

Nabo Africa Money Market Fund: KSh 1,000 · Cytonn Money Market Fund: KSh 100 · Etica Money Market Fund: KSh 1,000 · Lofty-Corban Money Market Fund: KSh 5,000 · Old Mutual Money Market Fund: KSh 100 — most funds start at KSh 100–5,000.

How liquid are MMFs?

Typically 3-5 days. Redemptions are usually processed within days.

How are MMF returns taxed?

MMF interest is subject to withholding tax (15% on interest income for individuals in Kenya, as of the current rules). Yields shown are gross unless stated — check the yield metric column.

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Angaza Hisa is an analytical and educational tool, not investment advice. Market data is sourced from official exchanges and feeds and may be delayed or incomplete. AI scores are analytical signals generated from available market data and are not investment recommendations.