Money market fund · USD · Taifa Unit Trust Scheme

Ndovu Money Market Fund USD rate today

4.00%

You keep 3.40% after 15% withholding tax, and -3.09% after 6.7% inflation.

Rates as of 22 Oct 2026

Gross yield
4.00%
Net after 15% WHT
3.40%
Real, after 6.7% inflation
-3.09%
Minimum investment
USD 50
Management fee
-1.00%
Rank by yield
#75 of 161

On a USD 100,000 balance that is roughly USD 600 a year going to withholding tax.

Questions people ask about Ndovu Money Market Fund USD

What is the current Ndovu Money Market Fund USD rate?
Ndovu Money Market Fund USD is quoting 4.00% 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 Ndovu Money Market Fund USD?
Kenyan money market fund interest carries 15% withholding tax, deducted at source. The advertised 4.00% is therefore 3.40% in practice. On USD 100,000 that difference is about USD 600 a year.
What is the minimum investment for Ndovu Money Market Fund USD?
Ndovu Money Market Fund USD requires a minimum of USD 50 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 Ndovu Money Market Fund USD?
Ndovu Money Market Fund USD is managed by Taifa 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 Ndovu Money Market Fund USD better than Etica Money Market Fund -USD or Cytonn Money Market Fund USD?
Today Ndovu Money Market Fund USD pays 4.00%, Etica Money Market Fund -USD 6.45% and Cytonn Money Market Fund USD 6.30%, all gross. Compare every fund on the rates page.
Is Ndovu Money Market Fund USD 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.

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