Money market fund · KES · Faulu Unit Trust Scheme

Faulu Money Market Fund rate today

10.98%

You keep 9.33% after 15% withholding tax, and 2.47% after 6.7% inflation.

Rates as of 27 Aug 2026

Gross yield
10.98%
Net after 15% WHT
9.33%
Real, after 6.7% inflation
2.47%
Minimum investment
KES 1,000
Management fee
1.50%
Rank by yield
#16 of 159

On a KES 100,000 balance that is roughly KES 1,647 a year going to withholding tax, which is the part the advertised rate does not mention.

Faulu Money Market Fund rate history

Last quoted rate in each month, from Fructa’s daily record.

MonthGrossNet after 15% WHT
27 Aug 202610.98%9.33%
31 Jul 202610.43%8.87%
29 Jan 20269.14%7.77%
29 Dec 20259.80%8.33%

Questions people ask about Faulu Money Market Fund

What is the current Faulu Money Market Fund rate?
Faulu Money Market Fund is quoting 10.98% gross. Fructa records the rate every weekday, so this figure is the most recent one published rather than an annual average.
How much do you actually keep from Faulu Money Market Fund?
Kenyan money market fund interest carries 15% withholding tax, deducted at source. The advertised 10.98% is therefore 9.33% in practice. On KES 100,000 that difference is about KES 1,647 a year.
What is the minimum investment for Faulu Money Market Fund?
Faulu Money Market Fund requires a minimum of KES 1,000 to open. Minimums vary widely between Kenyan funds, from a hundred shillings to six figures, and a higher minimum does not reliably buy a higher yield.
Who manages Faulu Money Market Fund?
Faulu Money Market Fund is managed by Faulu Unit Trust Scheme, a fund manager licensed by the Capital Markets Authority. Fructa tracks every CMA licensed collective investment scheme that publishes a rate.
Is Faulu Money Market Fund a good place to keep money?
That depends on what you are comparing it against and what you need the money for. The yield matters, but so do the minimum, the fee, how quickly you can withdraw, and whether the return beats inflation once tax is taken. Fructa shows gross, net and real side by side for every fund so the comparison is like for like.

Other money market funds in KES

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Fructa tracks 159 funds across money market, fixed income, T-bills, SACCOs and the NSE, with gross, net and real on every one. Set an alert and you will know the morning Faulu Money Market Fund moves. No account needed.

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Rates are collected from fund managers, published factsheets, the CBK and the CMA, and are shown for information only. They are not investment advice, and a yield quoted today is not a promise about tomorrow. Confirm any figure with the fund manager before you invest.