Money Market Funds remain one of the most popular investment options in Kenya for savers looking for safety, liquidity and returns that beat ordinary bank savings accounts. In 2026, MMFs continue to attract both first-time investors and experienced savers due to competitive yields, low entry requirements and quick access to funds.
This guide looks at the best Money Market Funds in Kenya for 2026, ranked using recent effective annual return trends and overall market performance indicators heading into the year.
Top Money Market Funds in Kenya for 2026
Based on recent yield performance and consistency, the following MMFs stand out heading into 2026.
| Rank | Money Market Fund | Approximate Effective Annual Return (%) |
|---|---|---|
| 1 | Gulfcap Money Market Fund | 16.3 |
| 2 | Cytonn Money Market Fund | 16.2 |
| 3 | Ndovu Money Market Fund | 15.5 |
| 4 | Mali Money Market Fund | 15.2 |
| 5 | Etica Money Market Fund | 15.0 |
| 6 | Kuza Money Market Fund | 14.8 |
| 7 | Lofty Corban Money Market Fund | 14.0 |
| 8 | Genghis Money Market Fund | 13.7 |
| 9 | Orient Kasha Money Market Fund | 13.4 |
| 10 | Arvocap Money Market Fund | 13.2 |
Returns fluctuate with interest rate movements, but these figures provide a strong benchmark for 2026 planning.
Why Money Market Funds Remain Attractive in 2026
Low Risk Profile
MMFs primarily invest in short-term government securities, bank deposits and high-quality commercial paper. This makes them far less volatile than equities or long-term funds.
High Liquidity
Most MMFs allow withdrawals within 24 to 72 hours, making them suitable for emergency funds and short-term savings.
Better Returns Than Savings Accounts
With many bank savings accounts still offering single-digit interest, MMFs continue to deliver superior yields even after tax.
Low Entry Barriers
Several MMFs allow investors to start with as little as KSh 100 or KSh 1,000, making them accessible to students, young professionals and small savers.
Brief Profiles of Leading MMFs
Gulfcap Money Market Fund
One of the highest yielding MMFs in the market. Often preferred by investors seeking maximum short-term returns, though some users note slightly longer withdrawal processing times compared to others.
Cytonn Money Market Fund
Consistently ranks among top performers. Known for ease of onboarding, digital access and competitive yields, making it popular with both new and experienced investors.
Ndovu Money Market Fund
A strong mid-to-high tier performer that balances yield with relative stability. Suitable for investors seeking solid returns without chasing the absolute top yield.
Mali Money Market Fund
Backed by a large financial institution and offers steady performance. Often chosen by investors who value brand familiarity and platform integration.
Etica and Kuza Money Market Funds
Both funds have gained popularity due to accessible minimum investments and reliable performance in the mid-teens return range.
What to Consider Before Choosing an MMF
Net Returns
Always look at returns after management fees and the 15 percent withholding tax on interest income.
Minimum Investment and Top-Up Amounts
Some funds are ideal for small, frequent contributions while others favour lump-sum investing.
Withdrawal Timelines
If liquidity is critical, choose funds known for faster processing of redemptions.
Fund Stability and Regulation
Ensure the MMF is regulated by the Capital Markets Authority and publishes regular performance and portfolio updates.
MMFs Compared to Other Investment Options
Compared to fixed deposits, MMFs offer greater flexibility and easier access to funds. Compared to equities, they provide stability but lower long-term growth potential. For many Kenyans, MMFs work best as a foundation for savings, emergency funds or short-term goals while higher-risk assets are used for long-term wealth building.
