Amka’s latest tracked published rate for Madison MMF is 10.60%, dated 25 Sep 2026. The minimum shown in our current dataset is KES 5,000. Rates change, so use the live figure below and verify the source before acting.
Compare Madison MMF against the wider Kenyan MMF market using source date, liquidity, fees, minimum investment and regulatory status — not the headline percentage alone.
A money market fund pools investors' cash into short-term government paper, fixed deposits and other interest-earning instruments. Interest accrues daily and is normally paid or reinvested monthly, and withdrawals usually settle within two to four working days. Yields are published by the fund manager and are annualised. Tax treatment varies — confirm with the manager what you would actually receive. All funds shown are collective investment schemes licensed by the Capital Markets Authority.
Open an account with the fund manager, usually online with an ID and KRA PIN, then fund it by M-Pesa or bank transfer. Check the minimum, the annual management fee and how long withdrawals take. Verify any manager's licence at cma.or.ke before you invest.
A rate only means something beside the alternatives.
Compare Madison MMF with the wider market, understand fees and tax, and check how quickly money can be withdrawn.