Savings growth calculator
See how a starting amount and a monthly top-up grow in a money market fund or savings account, after 15% tax on interest.
Year-by-year breakdown
How the growth is worked out
Money market funds in Kenya quote an effective annual yield and earn interest daily. The calculator takes the yield you enter, removes the 15% withholding tax, and compounds the balance every month after adding your top-up.
Yields change with interest rates in the economy, so treat the result as a guide. Only invest with funds licensed by the Capital Markets Authority.
Common questions
Is money market fund interest taxed?
Yes. Fund managers deduct 15% withholding tax on interest for residents.
How fast can I withdraw from a money market fund?
Most Kenyan money market funds pay out within two to three working days.
This calculator gives an estimate to help you plan. It is not financial advice; confirm figures with your bank, lender or KRA.