If you want to save money in Kenya,Money Market Fund is the best way to save because of the safety of money and high interest rate. Here is a list of the best MMF in Kenya 2026:
CIC Insurance
You need minimum investment of Ksh5000 and top up amount Ksh1,000.Interest rate is 8% to 13%.
The interest might not be the highest but you will be sure of not losing your money.
The company’s paybill number is 600118. You can deposit money via Mpesa or bank.
To get started,visit Old Mutual website and contact them.The process will take few minutes.
Old Mutual
Another good company for MMF and it’s very stable. You need a minimum capital of Ksh1000 to start investing. Top up amount is Ksh 1,000. You can top up any time you wish.
There is no maximum amount to invest in Old Mutual.
Interest is between 9% and 14% per year.
The company’s Mpesa Paybill Number is 600500. You can opt to deposit via Mpesa or through the bank.
To start investing, Simply dial *480# or visit https://www.oldmutual.co.ke/investment/investment-portal/ to open an account. Start saving and watch your money grow.
ETICA Money Market Fund
Etica is one of the most popular MMF in Kenya because of its high interest rate. To start saving,you need a minimum capital of Ksh100. The top up amount is Ksh100 only. You will earn interest of 13% to 20% per year.
There is no maximum amount to save.
To pay into your Etica Money Market Fund, use M-Pesa Paybill
4096483, or Equity Bank’s Paybill 919292, entering your specific Etica Client Code (e.g., 1019M) as the account number; funds typically appear the next business day
Standard Chartered Bank
They also offer MMF but it’s for the big fish. The Initial investment is Ksh1,000,000. Regular monthly deposit is Ksh50,000. You will earn interest of 14%.
SCB is one of the best in Kenya because the money you will save there will be secure.
ICEA Lion
Their minimum investment is Ksh500. You can also top up as low as Ksh500. Interest is 10% to 15% per year.
Jubilee Insurance
Minimum investment is Ksh100 only.Top up amount is Ksh 100. You will earn interest of 10.79% per year.
Madison Insurance
Madison is an established insurance that will invest your money to generate interest of 9%-11%
The Minimum deposit amount is Ksh 5,000 and minimum top up amount is Ksh 1,000.
