Kenya Finance CalculatorHow MMF returns are calculated
The calculator determines gross daily compounded interest, incorporates your recurring monthly top-up contributions, and deducts the 15% KRA withholding tax.
Investment tools
Money Market Fund Returns Calculator Kenya
Estimate MMF interest, statutory 15% withholding tax (WHT), and final net balance from your starting deposit and monthly top-ups.
Comparing fund managers
When selecting an MMF in Kenya, compare annual management fees (typically 1.5% to 2.5%), track record, ease of mobile app/M-Pesa withdrawals, and trustee stability.
Quick Answers
Money Market Fund FAQs
What is the withholding tax on Money Market Funds in Kenya?
Interest earned from Money Market Funds in Kenya is subject to a statutory final withholding tax (WHT) of 15%, which fund managers automatically deduct before crediting your net interest.
Are daily MMF yields fixed or variable?
MMF yields are variable and fluctuate daily based on prevailing market interest rates in Kenyan Treasury Bills, commercial paper, and bank fixed deposits held in the fund portfolio.
How liquid are Money Market Funds in Kenya?
MMFs are highly liquid; most fund managers in Kenya allow withdrawals within 24 to 48 hours directly to your bank account or M-Pesa.
August 2026
Calculators are for planning and estimation only. Verify final tax, payroll, loan, investment or property figures with the relevant institution or adviser.