Investments
March 13, 2026
Interest rates for Money Market Funds (MMF) continued to drop in February 2026 following the continued decline of Treasury Bill rates, which are their primary investments.
In February 2026, Cytonn Money Market Fund had the highest interest rate at 9.39%, followed by Arvocap Money Market Fund at 9.29%.
The other top 5 MMFs were Nabo Africa Money Market Fund (9.26%), Gulfcap Money Market Fund (9.23%) and Enwealth Money Market Fund (8.79%).
Also Read: Top 15 Performing MMFs By Their Returns of January 2026
Also Read: Money Market Funds in Kenya: Features and Key Considerations
Despite the majority of the funds registering a decline in their interest rates, 10 MMFs saw their interest rates improve in comparison with their returns for January 2026.
Nabo Africa Money Market Fund rose from 9.05% to 9.26%, while Gulfcap Money Market Fund increased from 8.75% to 9.23%. Kuza Money Market Fund inched up from 8.39% to 8.43%, and Madison Money Market Fund grew from 7.96% to 8.09%.
Britam Money Market Fund saw a rise from 7.99% to 8.06%, and GenAfrica Money Market Fund increased from 7.68% to 7.81%. Faulu Money Market Fund moved up from 7.39% to 7.62%, while Genghis Money Market Fund rose from 7.07% to 7.39%. Co-op Money Market Fund increased slightly from 6.69% to 6.72%, and Equity Money Market Fund grew from 4.07% to 4.09%.
Also read: 5 Differences Between Special Funds and MMFs
By December 2025, over three million Kenyans were investing in unit trusts and Collective Investment Schemes (CISs), highlighting growing interest in pooled investments.
According to the Capital Markets Authority (CMA), Assets under management (AUM) climbed sharply to Ksh756.2 billion in December 2025. Money Market Funds dominated the market with Ksh423.6 billion, representing 56% of total assets.
The Sanlam Unit Trust Scheme remained the largest, with Ksh144.3 billion in AUM, followed by Standard Investment Trust Fund (Ksh125.3 billion) and CIC Unit Trust Scheme (Ksh102 billion).
Editor's Note: We know many of our readers are looking for opportunities that go beyond standard market returns. If you're interested in learning more about special funds from the fund managers directly, please fill your details here.
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