Madison Money Market Fund is a Kenya shilling money market fund in the Madison Unit Trust Funds, a collective investment scheme approved by the Capital Markets Authority (CMA). CMA’s quarterly report puts its assets at KES 6,313,599,550 on 30 June 2026, ranking it #13 of 59 money market funds by size.
Key facts
| Fund | Madison Money Market Fund |
|---|---|
| Unit trust scheme (as listed by CMA) | Madison Unit Trust Funds |
| Currency | KES |
| Assets under management, 30 June 2026 | KES 6,313,599,550 (CMA Q2 2026 report) |
| Share of all money market fund assets | 1.4% |
| Size rank among 59 money market funds | #13 |
| Latest published yield | 10.37% (effective annual yield (net of fees)), as at 13 Oct 2026 (fetched; page shows no date), published by the fund manager |
| Minimum investment | KES 5,000 (top-up KES 1,000) |
| Fees | No entry or exit fee; published yields are net of management fees and gross of withholding tax |
| Manager website | www.madison.co.ke |
Latest yield
The manager published an effective annual yield of 10.37% (effective annual yield (net of fees)), as at 13 Oct 2026 (fetched; page shows no date). Yields change daily and are not guaranteed. See today’s figure on our MMF rates tracker, which updates automatically from the manager’s website.
Returns calculator
Prefilled with the fund’s latest published yield. The calculator deducts 15% withholding tax on interest.
How to invest
Madison says withdrawals are processed in T+1 working day and interest is compounded monthly.
Open an account directly with the fund manager through its website, www.madison.co.ke, or through an agent the manager appoints. You will complete its application and know-your-customer forms; the documents required are set by the manager. Before you invest, read the fund’s information memorandum or factsheet for fees, risks and withdrawal times. Check that the scheme is on CMA’s list of approved collective investment schemes.
Frequently asked questions
Is Madison Money Market Fund regulated?
Yes. It is part of the Madison Unit Trust Funds, which appears in CMA’s list of approved collective investment schemes and in its Q2 2026 quarterly report.
What is the Madison Money Market Fund yield today?
The latest figure the manager published was 10.37% (as at 13 Oct 2026 (fetched; page shows no date)). Our tracker refreshes it daily.
Is money market fund interest taxed in Kenya?
Yes. Interest paid to you is subject to 15% withholding tax, which the calculator above deducts.
Sources
- CMA – Collective Investment Schemes Quarterly Report, quarter ended 30 June 2026 (Table 11) (checked 13 Oct 2026)
- CMA – Licensees: approved collective investment schemes (checked 13 Oct 2026)
- Madison Money Market Fund page (checked 13 Oct 2026)
- Madison Money Market Fund – manager’s published yield (checked 13 Oct 2026)
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