In this article, I will discuss the Best Money Market Funds In Kenya by outlining key options with stable returns, capital retention, and easy liquidity.
Even if you have just started with investing, these funds will safely grow your savings. I will describe important traits, advantages, and what makes each fund unique in Kenya.
Key Point & Best Money Market Funds In Kenya
| Money Market Fund | Key Point |
|---|---|
| Gulfcap Money Market Fund | Offers competitive yields with a focus on capital preservation and liquidity. |
| Cytonn Money Market Fund | Known for relatively higher interest rates compared to traditional banks. |
| Etica Money Market Fund | Emphasizes ethical investing aligned with Shariah principles. |
| ArvoCap Money Market Fund | Provides flexible access with daily interest accrual. |
| Kuza Money Market Fund | Targets retail investors with low minimum investment requirements. |
| Lofty Corban Money Market Fund | Focuses on stable returns and quick withdrawal processing. |
| Orient Money Market Fund | Offers transparency and risk-averse portfolio management. |
| Enwealth Money Market Fund | Integrated with pension services for diversified wealth management. |
| Britam Money Market Fund | Backed by a trusted brand with easy mobile access and reliable performance. |
1. Gulfcap Money Market Fund
Gulfcap is Gulfcap AI’s Money Market fund which has shown superiority in 2025 with a yearly yield of around 13.87%. With a net return of roughly 12.80% after a 15% withholding tax is an efficient way to safeguard treasury bills, fixed deposits, and commercial papers.
For a greater return, it requires a minimum initial investment of KES 5,000 with further increements of KES 1,000, making it available to a wide Gertcap’s strengths include getting competitive returns which are better than the 91-day Treasury bill rate of 7.5%.
Additionally, for hassle-free deposits and withdrawals, help-users friendly digital platform users for effortless their deposits along with withdrawal.
The funds amazing performance, as documented in the reports over accessed, is semidried the diversified portfolio along with the homogenized management that stranded the fund to elevate performance making.
It optimal for the investors flow for the currency alongside surges above cash inflation of relented high prices. The system perks hosted of consistency inflation added makes it perfect for novice investors.
Gulfcap Money Market Fund Features
- Better Interest Returns
- Focus on capital preservation
- Funds are allocated for short-term government and corporate borrowing.
- Flexible withdrawal policies.
- Fund management services.
2. Cytonn Money Market Fund
Cytonn Money Market Fund remains a top performer on the market with an annual yield of up to 16.61% and a net return of about 13.05% after tax as of early 2025. This fund is managed by Cytonn Asset Managers Limited while State Bank of Mauritius serves as custodian and Gold Advisory Services acts as trustee.
This fund has a low entry barrier, only requiring KES 1000 as initial investment and KES 100 on subsequent top-ups. It invests in low-risk securities such as Treasury bills, fixed deposits and corporate bonds, offering daily compounding interest which is credited monthly.
Cytonn has consistently performed well with a daily yield of 15.35% reported in January 2025. Such performance makes Cytonn a favorite among investors looking to maximize returns with minimal risk. It’s digital platform further increases accessibility, enabling investors to monitor and manage their investments effortlessly.
As with any investment, it is important to note that while performance has been impressive in this regard, does not guarantee future results, and thorough due diligence is recommended.
Cytonn Money Market Fund
- Highest market yield in Kenya.
- Investments can be made online.
- Investments are made in different short-term asset classes.
- Interest is compounded daily.
- Minimum deposit is very low.
3. Etica Money Market Fund
The fund is managed by Etica Capital Limited and is popular for di et di hi yeids. In 2025, Etica posted ‘s annual rate of 15.90% and a net return of about ek 12.38% After tax.
Etica Money Market Fund also stood out for its very low entry threshold of just KES 100, making it one of the most accessible funds for new investors where both initial investments and top-ups entail a minimum of KES 100.
Other Money Market Funds featured far higher fees. Etica invests in short-term, interest-bearing securities such as Treasury bills and bank deposits, guaranteeing high liquidity as withdrawals are processed within 24-48 hours.
Its strong performance previously topping charts with a 16.40% daily yield in March 2024 shows how well it is managed and how much emphasis di Etica puts on stable investments.
Di Etica also offers a USD denominated fund for diversification purposes. Even though some funds have seen their rates decline due to lower CBK rates, Etica remains a trusted choice for cost and dependable returns.
Etica Money Market Fund.
- Compliant with Shariah laws.
- Portfolio is ethical and faith-based.
- Sharia Laws – does not support instruments that pay interest.
- Income distribution is made regularly.
- People of the Islam Religion and ethical people will find this fund very suited.
4. ArvoCap Money Market Fund
ArvoCap Asset Managers launched the ArvoCap Money Market Fund in May 2024, after receiving authorization from the Capital Markets Authority (CMA). It has quickly attracted investment due to its annual yield of approximately 13% around May 2025.
The fund’s accessibility is underscored by a minimum initial investment of KES 3,000 with subsequent top-ups of KES 1,000. This allows for competitive returns at a low investment threshold.
ArvoCap guarantees capital preservation and liquidity by investing in low-risk securities such as Treasury bills, commercial papers, and fixed deposits. It had a net yield of approximately 13.74% in early 2025, which illustrates its strength as a performer.
The transparency of the fund’s fee policy and the efficiency of the withdrawal process, which is usually within 72 hours, offer flexibility to investors.
This, alongside growing positive sentiment towards ArvoCap and support from the CMA, bolsters credibility. However, its recent establishment is grounds for caution in light of the sustained scrutiny required towards stability over time.
ArvoCap Money Market Fund
- Interests are compounded daily.
- Investments of low risk are made in treasury bills and fixed deposits.
- Online and mobile friendly.
- Can be used by individual and company investors.
- Operations are clear.
5. Kuza Money Market Fund
The Kuza Money Market Fund, offered by Kuza Asset Management Limited, reports a competitive annual return of 15.39% and a net return of approximately 12.16% after taxes as of January 2025.
It was started in December 2022 with an initial funding requirement of KES 5,000 and subsequent increments of KES 1,000, along with a two-week lock-in period to ensure liquidity.
The fund is used for short-term KES-denominated securities including Treasury bills, corporate bonds, and term deposits managed by Cooperative Bank of Kenya as trustee and KCB Bank as custodian.
Investment management through Kuza’s digital platform, available on the G-Kuze App, is straightforward and came with a competitive annual management fee of 2%.
Kuza’s AUM standing at KES 1 billion in 2024, alongside the reports on investment value and management, portray the competitive edge Kuza Bank offers investors looking for effortless utilization and promising returns exceeding inflation.
Kuza Money Market Fund
- No fee for retail investors.
- Daily compounding interest.
- Investors can withdraw at any time.
- Investment platform is mobile focused.
- Program is designed to promote consumer empowerment.
6. Lofty Corban Money Market Fund
Managed by Lofty-Corban Investments Limited, Lofty Corban Money Market Fund is remarkably performing fund with an annual yield of 16.26% and a net return of approximately 12.69% after tax in 2025.
It is very beginner friendly as it requires a minimum investment of KES 1,000 and allows top-ups of KES 100. As of December 2024, the fund is KES 2.43 billion with the backing of Apollo Asset Management and Co-operative Bank of Kenya, which enables it to invest in low risk instruments like Treasury bills and fixed deposits.
The KES 2.43 billion fund will enable the bank to invest in low risk instruments like. Boone Corban’s unfailing performance, which brought the fund a 16.92% daily yield during the month of July in 2024, constrains the fund’s reliablility of performance.
Its unobstrusive technological interface and low bars to success are appealing to novice investors, while 48 hour withdrawal terms make lofty funds accessible to those who need rapid access to cash.
Lofty Corban Money Market Fund
- Withdrawal is processed old.
- Regular income deposits on account.
- Funds are allocated in capital and short-term safety investments.
- Fund has a clear structure.
- Corporates and individuals can use.
7. Orient Money Market Fund
Also referred to as Kasha Money Market Fund, the Orient Money Market Fund managed by Orient Asset Manager Limited offers an annual yield of almost 14.18% with a net return of about 11.9% after tax in 2025.
It has a modest initial investment requirement of KES 5,000 and a top-up of KES 1,000. Interest is calculated on a daily basis and compounded on a monthly basis.
The fund invests in secure, short-term securities such as Treasury bills and commercial papers, ensuring a capital preservation and high liquidity. Although its yields are a little lower than top performers like Cytonn or Gulfcap, Orient’s long-standing reputation and stable performance make it a reliable choice.
The fund’s digital platform makes it more accessible to investors, although its returns are highly sensitive to changes in CBK rates, as noted during the drop in yields after 2024. Investors who prioritize stability and minimal risk may consider investing in Orient.
Orient Money Market Fund
- Invests in low volatility, short-term securities.
- Shifts focus towards investor protection while ensuring transparency.
- Provides periodic activity reports.
- Best suited for conservative investors.
- Open to private and institutional clients.
8. Enwealth Money Market Fund
Enwealth Financial Services provides access to Enwealth Money Market Fund, which in 2025 is predicted to yield roughly 14.82% annually and deliver a net return of about 12% after tax. Its low initial investment of KES 1,000 with subsequent funds also set at KES 1,000 makes it available to many.
The fund invests in government securities such as treasury bills and fixed deposits which are considered low-risk, interest-bearing assets. The interest is calculated daily and paid out on a monthly basis.
Though Enwealth has maintained steady performance, it fell to eighth in some 2024 rankings because of heightened competition. Sustained focus on economic empowerment, innovative financial solutions, and increasing AUM makes the company an interesting candidate.
However, Enwealth does not provide ample detail about the fees or the management structure, making it difficult for investors willing to make an informed decision.
Enwealth Money Market Fund
- Linked with retirement and pension planning
- Provide stable returns while safeguarding capital
- Interest compounds daily
- Withdraw and deposit at will
- Portfolio is managed by professionals
9. Britam Money Market Fund
The Britam Money Market Fund, under the management of Britam Asset Managers, has a projected annual yield of 13.12% and a net return of 11.7% after tax in the year 2025. It is one of Kenya’s largest MMFs with a fund size of KES 9 billion as of 2024, KCB Bank acts as the trustee while Standard Chartered takes the role of custodian.
The fund has a minimum investment requirement of KES 1,000 with top-ups also set at KES 1,000. It charges an annual management fee of 2%. Britam has been in business since 2006 and its reputation along with a combination of Treasury bills, fixed deposits, commercial papers, and other assets ensure liquidity and stability.
Even though Gulfcap or Cytonn outperform in yields, conservative investors trust Britam because of their strong brand, comprehensive customer support, and diversified portfolio.
Britam Money Market Fund
- Supported by a reputable financial institution
- Provide dependable and steady return
- Offers intuitive web platform
- Earns interest daily
- Low balance, quick access to funds and nearly instant transactions
Conclusion
Money market funds in Kenya serve as a safe and convenient option for saving and growing funds, while capital preservation is also guaranteed. Leading the pack of primary service providers is Gulfcap, Britam, Cytonn, and Enwealth because of their strong and stable returns and incredibly easy to use portals.
Etica deals with ethical and sharia compliant investment while ArvoCap and Kuza deal with passive investments that suit beginners and low hedge funds. The funds cater to all kinds of investors as they have varying needs whether it is high quick yields, instantaneous fund withdrawals, or incorporation into retirement planning.
Conducting thorough comparisons of interest rates, fees, and even how easy it is to access the fund will enable one to make the most suitable choice in Kenya’s emerging financial market.
