Britam Money Market Fund Interest Rate 2026: Yield, Minimums and How It Compares
The Britam MMF is one of Kenya's most popular funds: KES 1,000 entry, an established insurer behind it, and 9.84% gross in October 2026. Here is what that earns a month and a year after tax, and how it stacks up against Cytonn, Nabo and T-bills.
Ask a Kenyan where to park savings and “Britam MMF” is one of the first answers you will hear. It pairs a low KES 1,000 entry with the balance sheet of one of East Africa’s biggest insurers. The honest question for 2026 is not whether it is safe enough, it is whether the yield justifies it against the top funds paying up to about 1.2 points more.
The numbers that matter
| Feature | Britam MMF (KES) |
|---|---|
| Current gross yield | 9.84% p.a. (October 2026, moves weekly) |
| Net after 15% WHT | ≈8.36% p.a. |
| Minimum investment | KES 1,000 |
| Top-ups | Any amount, anytime (M-Pesa supported) |
| Withdrawal | Typically 1–3 business days |
| Fees | Management fee already reflected in published yield |
| Regulation | CMA-licensed; independent custodian & trustee |
Interest accrues daily and is credited net of tax, you never have to file anything with KRA for it (15% WHT is a final tax). Model your own amount and monthly top-up with the Britam preset in our MMF calculator.
Where Britam wins
Scale and track record. Britam Asset Managers runs one of the largest unit-trust books in Kenya. For savers who remember collapsed shadow-banking schemes, that history is worth a yield discount.
Frictionless entry. KES 1,000 to start, app/M-Pesa top-ups, fast small redemptions, it is built as a true savings wallet.
Ecosystem. If you already hold Britam insurance or pension products, everything sits under one roof.
Where it loses
Pure yield. In October 2026 Cytonn (11.00%), Nabo Africa (10.91%) and Faulu (10.73%) all out-pay it, and Britam sits 16th of the 32 funds we track. On KES 1M, the gap between 9.84% and 11.00% gross is roughly KES 10,700 a year net. The counter-argument is Britam’s scale and long record, which some savers will happily trade a point of yield for. Many split the difference literally, core float in a big-brand fund, surplus in a higher-yield one. See the latest ranking of all 32 funds.
Britam MMF vs T-Bill vs fixed deposit
Against a 364-day Treasury Bill at 9.04% (about 7.6% a year after the 15% tax, locked, KES 100k minimum), Britam’s ≈8.36% net with full liquidity is the more flexible deal and, at current rates, pays more after tax. Against the best negotiated fixed deposits (8.5–9%+ gross for large sums), a top-tier MMF usually still wins after you factor in access to your cash. Either way, with inflation at 6.8% (September 2026) all of these preserve purchasing power, an idle bank account does not (see the damage).
Not investment advice. PesaCalc is independent and not affiliated with Britam. Yields move weekly, confirm the current rate with Britam Asset Managers before investing; the live figure is on our Britam MMF calculator.