Money market fund · KES · Faulu Unit Trust Scheme

Faulu Money Market Fund rate today

11.07%

You keep 9.41% after 15% withholding tax, and 2.54% after 6.7% inflation.

Rates as of 22 Oct 2026

Gross yield
11.07%
Net after 15% WHT
9.41%
Real, after 6.7% inflation
2.54%
Minimum investment
KES 1,000
Management fee
1.50%
Rank by yield
#14 of 161

On a KES 100,000 balance that is roughly KES 1,661 a year going to withholding tax.

Faulu Money Market Fund rate history

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

MonthGrossNet after 15% WHT
1 Sept 202611.07%9.41%
31 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 11.07% 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 11.07% is therefore 9.41% in practice. On KES 100,000 that difference is about KES 1,661 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 better than Cytonn Money Market Fund or Kuza Money Market Fund KES?
Today Faulu Money Market Fund pays 11.07%, Cytonn Money Market Fund 11.50% and Kuza Money Market Fund KES 11.00%, all gross. Compare every fund on the rates page.
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

All KES money market funds today

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Rates come from fund managers, factsheets, the CBK and the CMA, for information only. Not investment advice.