Discover the best Money Market Funds in Kenya for 2025: A Personal Guide to Growing Your Wealth by returns, reputation, and accessibility—starting from just KES 100.
With rising inflation and unpredictable markets, smart savers in Kenya are turning to Money Market Funds (MMFs) as a low-risk, high-yield alternative to traditional savings. But with so many options, how do you choose the best? In this guide, we break down the top-performing MMFs in Kenya for 2025—including their background, returns, entry requirements, and how to start investing from as little as KES 100. Whether you’re a first-time investor or looking to diversify your portfolio, this is your ultimate cheat sheet to safe, steady growth in the new year.
In this post, I’ll break down everything you need to know about MMFs in a way that’s easy to understand—even if you’re new to investing. I’ll also share some formulas I use to calculate potential returns, along with detailed steps on how to get started with some of the top MMFs in Kenya as of 2025. Let’s dive in!
How Do Money Market Funds Work? (Explained in Simple Terms)
Let me explain MMFs in a way that makes sense to me—and hopefully to you too. Think of an MMF as a pool of money collected from many investors, including people like you and me. This pooled money is then invested in short-term, low-risk financial instruments like Treasury bills, commercial paper, and fixed deposits. The goal is to preserve your capital while generating steady returns.
Here’s what I love most about MMFs:
- Liquidity: You can withdraw your money whenever you need it—no long lock-in periods.
- Low Risk: Since the fund invests in stable assets, the chances of losing your principal are minimal.
- Better Returns: Compared to a regular savings account, MMFs typically offer higher interest rates.
How Are Returns Calculated?
One thing I always do before investing is calculate the potential returns. Here’s a simple formula I use:
Return = Principal × Rate of Return × Time PeriodFor example:
If I invest KES 10,000 in an MMF with an annual return rate of 8% and leave it for 6 months, here’s how I’d calculate my earnings:
Return = 10,000 × 0.08 × (6/12) = KES 400So, after 6 months, I’d have KES 10,400. Not bad, right?
Keep in mind that actual returns may vary slightly depending on fees, market conditions, and compounding frequency. But this formula gives me a good ballpark figure to work with.
Top Money Market Funds in Kenya (And How I’d Start Investing)
Now, let’s talk about some of the best MMFs in Kenya and how you can start investing in them. I’ve personally researched these funds, and they all stand out for their accessibility, transparency, and performance.
1. Gulfcap Money Market Fund (Ziidi)
- Why I Like It: Operated by GulfCap Investment Bank, this fund caught my eye because of its incredibly low minimum investment requirement of just KES 100. Perfect for beginners!
- How I’d Start:
- Visit gcib.africa and complete the online application form.
- Use M-PESA or bank transfer to deposit funds. Easy peasy!
2. Cytonn Money Market Fund (CMMF)
- Why I Like It: Managed by Cytonn Asset Managers, this fund appeals to me because of its strong track record and competitive returns.
- Minimum Investment: KES 1,000
- How I’d Start:
- Head over to cytonn.com.
- Create an account, then fund it via M-PESA or bank transfer.
3. Ndovu Money Market Fund
- Why I Like It: Ndovu stands out for its user-friendly app and digital-first approach. Plus, it’s regulated by the Capital Markets Authority (CMA), so I feel confident my money is safe.
- Minimum Investment: KES 5,000
- How I’d Start:
- Download the Ndovu app or visit ndovu.co.
- Complete the KYC process and deposit funds through M-PESA or bank transfer.
4. Mali Money Market Fund (Safaricom)
- Why I Like It: If you’re already a Safaricom user, this one’s a no-brainer. With a minimum investment of just KES 100, it’s super accessible.
- How I’d Start:
- Dial *334# on your Safaricom line.
- Follow the prompts to select the Mali option and invest directly from your M-PESA wallet.
5. Lofty-Corban Money Market Fund
- Why I Like It: Lofty-Corban is relatively new but has quickly gained traction for its personalized customer service.
- Minimum Investment: KES 1,000
- How I’d Start:
- Visit loftycorban.com and fill out the investment application form.
- Transfer funds using M-PESA or bank transfer.
6. Etica Money Market Fund
- Why I Like It: Etica focuses on making wealth management accessible to retail investors like me. Their minimum investment is only KES 100, and their website is straightforward.
- How I’d Start:
- Go to eticacap.com and register.
- Deposit funds via M-PESA or bank transfer.
7. Kuza Money Market Fund
- Why I Like It: Licensed by both the CMA and Retirement Benefits Authority (RBA), Kuza feels trustworthy to me.
- Minimum Investment: KES 1,000
- How I’d Start:
- Visit kuza.africa and download the application form.
- Submit required documents and fund your account via bank transfer.
8. Arvocap Money Market Fund
- Why I Like It: Arvocap offers tailored investment solutions, which I appreciate as someone who values customization.
- Minimum Investment: KES 1,000
- How I’d Start:
- Visit arvocap.com and complete the investor profiling process.
- Transfer funds via bank transfer.
9. Orient Kasha Money Market Fund
- Why I Like It: Designed for capital preservation with decent returns, Orient Kasha appeals to cautious investors like me.
- Minimum Investment: KES 500
- How I’d Start:
- Check out orientasset.co.ke and fill out the application form.
- Deposit funds via M-PESA or bank transfer.
10. Genghis Money Market Fund
- Why I Like It: With decades of experience under its belt, Genghis Capital feels reliable to me.
- Minimum Investment: KES 1,000
- How I’d Start:
- Visit genghis-capital.com and register.
- Fund your account via M-PESA or bank transfer.
Final Thoughts: Why I Recommend MMFs
After diving deep into MMFs, I truly believe they’re one of the smartest ways to grow your money safely. Whether you’re saving for a rainy day, planning for a big purchase, or just looking to beat inflation, MMFs offer flexibility, security, and decent returns.
Before jumping in, though, I always remind myself to:
- Compare different funds based on their historical performance.
- Understand the fees involved (some funds charge management fees).
- Start small and scale up as I become more comfortable.
So, are you ready to give MMFs a try? Trust me—you won’t regret taking that first step toward smarter investing.
