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KES money market funds · 2026-10-21

ICEA Lion MMF vs NCBA MMF

NCBA MMF pays 0.19 percentage points more after tax — about KES 190 more a year on KES 100,000, if today's rates hold. Over the last 13 months, NCBA MMF was ahead in 1 of them.

ICEA Lion MMF compared with NCBA MMF, as at 2026-10-21
 ICEA Lion MMFNCBA MMF
Current yield7.92%8.14%
Net yield after 15% withholding taxWhat actually reaches a saver.6.73%6.92%
Rank among 27 KES funds#24#22
Against the market average (7.78% net)-1.05 pp-0.86 pp
Management fee2.00%2.00%
Minimum investmentKES 500KES 5,000
Fund sizeKES 20.4bnKES 641m

Rates as at 2026-10-21, and they change daily. Fund size is as last reported by each manager. Nothing here is advice.