Quick answer
As of 16 October 2026 the Kuza Money Market Fund's effective annual yield was 10.31%, ranked number 8 of 27 KES money market funds tracked. Use the calculator to see your earnings after the 15% withholding tax.
Updated 17 October 2026
The Kuza Money Market Fund calculator below shows what your money could earn in the Kuza fund, after the 15% withholding tax. As of 16 October 2026 the fund’s effective annual yield was 10.31%, which ranks it number 8 of 27 KES money market funds tracked that week and above the market average.
Rates are what was last published, gross of tax. Money market funds are compounded monthly; bills, bonds, deposits and SACCO returns are worked out as simple interest. Your actual return will differ.
Type in your starting amount, how long you plan to stay invested and any monthly top-up. The tool works out the gross interest, the tax and what lands in your account. The table below the result compares the same amount across every other fund, Treasury bills, bonds, fixed deposits and SACCOs, so you can see where Kuza stands. For the full picture, open the investment returns calculator for Kenya.
Kuza Money Market Fund interest rate today
The Kuza fund posted a 10.31% effective annual yield as of 16 October 2026. After the 15% withholding tax that is about 8.76% a year. The average across all 27 funds on the same day was about 9.08%. Money market fund yields move daily with Treasury bill rates and the Central Bank Rate, which stood at 8.75% in October 2026, so treat the figure as a snapshot rather than a promise.
Kuza money market fund daily and monthly earnings
At today’s rate, KES 100,000 in the fund would earn roughly KES 24 a day, KES 730 a month and KES 8,764 over a year after tax, assuming the rate holds. Interest is worked out daily and added to your balance each month, so the balance grows a little faster than simple interest.
| Amount invested | Net per month | Net per year |
|---|---|---|
| KES 10,000 | KES 73 | KES 876 |
| KES 50,000 | KES 365 | KES 4,382 |
| KES 100,000 | KES 730 | KES 8,764 |
| KES 500,000 | KES 3,651 | KES 43,818 |
| KES 1,000,000 | KES 7,303 | KES 87,635 |
Kuza Money Market Fund minimum investment
You need KES 1,000 to open an account. That is the most common entry level among Kenyan funds. Top-ups after the first deposit are usually smaller, and you can add money as often as you like.
Fees and tax
Kuza charges a 2.00% management fee, the standard level in the market. The fee is taken out before the yield is published, so the 10.31% figure is already after fees. What is not taken out is the 15% withholding tax on interest, which the fund deducts for KRA before paying you. It is a final tax, so you do not declare it again on iTax. The fund held about KES 2.4 billion in assets in mid-October 2026.
How to join the Kuza fund
Opening an account is done directly with the fund manager, either online or at their office. You will need your national ID or passport, your KRA PIN, a phone number and the bank account or M-Pesa line you want withdrawals sent to. Once the account is open you deposit through the manager’s paybill or by bank transfer.
Kuza money market fund withdrawal time
There is no lock-in period. Most Kenyan money market funds pay withdrawals within one to three working days, either to M-Pesa or to your bank. If you need the money the same day, ask the manager before you invest, because cut-off times vary.
How it compares
Other funds near Kuza in the rankings include Nabo Africa Money Market Fund, Orient Kasha Money Market Fund, Old Mutual Money Market Fund, Arvocap Money Market Fund, Jubilee Money Market Fund. You can also check Ziidi on M-Pesa and the other options on our investment returns calculator.
Frequently asked questions
What is the Kuza Money Market Fund rate in 2026?
The fund’s effective annual yield was 10.31% as of 16 October 2026, or about 8.76% after the 15% withholding tax. The rate changes daily.
How much does KES 100,000 earn in Kuza money market fund per month?
About KES 730 a month after tax at the current rate, if the rate stays the same.
What is the minimum amount to invest in Kuza Money Market Fund?
The minimum opening deposit is KES 1,000.
How long does a Kuza money market fund withdrawal take?
Most funds pay out within one to three working days to M-Pesa or a bank account, with no lock-in period.
Is Kuza money market fund interest taxed?
Yes. A 15% withholding tax is deducted from interest before it is paid, and for individuals it is a final tax.
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