News and Analysis
October 15, 2026
Net returns for Money Market Funds (MMFs) increased to 7.75% in September 2026 from 7.73% that was recorded in August 2026.
In September, Cytonn Money Market Fund recorded the highest returns at 8.91%, followed by Faulu Money Market Fund at 8.89%.
The other MMFs in the top five were Lofty-Corban Money Market Fund (8.64%), Enwealth Money Market Fund (8.62%) and Jubilee Money Market Fund (8.50%).
Also Read: Top 15 MMFs By Their Net Returns in August 2026
As of June 30, 2026, the total Assets Under Management (AUM) in Kenya’s Collective Investment Schemes (CIS) market stood at Ksh948.7 billion.
Out of this, MMFs accounted for Ksh460 billion, representing 49% of the total AUM, making them the largest segment of the CIS market. Their popularity among investors is largely attributed to their relatively low-risk nature.
Sanlam Money Market Fund led the market with Ksh127.8 billion in assets, followed by CIC Money Market Fund at Ksh71 billion and Old Mutual Money Market Fund at Ksh28.7 billion.
Here is the list of 30 MMFs and their net returns for September 2026
Also Read: List of All MMFs & Special Funds by Their Assets Under Management
In September 2026, the net returns for dollar MMFs stood at 4.14%, down from 4.22% that was recorded in August 2026.
During the month under review, Etica MMF USD emerged as the top performer at 5.30%.
Also Read: Ksh MMF vs. USD MMF – Which Money Market Fund Should You Choose?
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