Kenya’s money market fund sector offers investors a range of options for short term savings and income generation. Based on yields published on 27 October 2026, Cytonn Money Market Fund recorded an effective annual rate of 11.11%, followed by Faulu Money Market Fund at 10.83% and Lofty Corban Money Market Fund at 10.60%. Ndovu Money Market Fund ranked fourth at 10.49%, while Madison Money Market Fund completed the top five at 10.46%.
The broader market reflects varying returns across different providers. Of the 34 funds reviewed, 16 reported yields of at least 10%, with Arvocap recording 10.00%. Other funds reported lower yields, including Ziidi at 6.12%, Equity at 5.47% and Stanbic at 5.38%. These differences highlight the range of returns available to investors, although yields may vary depending on market conditions and reporting periods.
When comparing funds, investors should ensure that yields are calculated over comparable periods and that gross and net returns are clearly distinguished.
Beyond published yields, several factors are relevant when assessing money market funds. These include annual management fees, minimum investment amounts, withdrawal terms and the fund’s regulatory status. Investors should also consider the accessibility of their funds and the level of risk associated with the underlying investments. Since returns fluctuate with market conditions, current rankings may change over time and do not guarantee future performance.
Investors considering the Cytonn Money Market Fund can access its services through the mobile app, the online client portal at clients.cytonn.com or the USSD service by dialing *809#. Account registration involves providing personal details and completing identity verification. Deposits can be made through available payment channels, including M-PESA and bank transfers, subject to the current product terms.
Ultimately, comparing money market funds involves evaluating both returns and the features offered by each provider. Reviewing published yields alongside fees, accessibility, withdrawal conditions and investment requirements can help investors identify options that align with their financial goals and cash flow needs.
