The Arvocap Money Market Fund (MMF) has emerged as one of the fast-growing collective investment schemes in Kenya’s financial landscape.
While it is not yet as large as established giants like Sanlam or CIC, its performance in 2025 has been impressive, offering competitive yields and steady growth.
For many investors, the challenge has always been balancing safety, liquidity, and returns. Traditional savings accounts offer security but very low interest, while riskier assets like equities provide higher returns but come with volatility.
The Arvocap MMF bridges this gap by allowing investors to grow idle cash at double-digit yields while preserving capital and keeping funds accessible.
As of August 2025, the fund reported an effective annual yield of 12.11%, while the average annualized performance by September 30, 2025, stood at 11.49%.
With a minimum deposit of just KES 3,000, this fund has become an accessible, safe, and rewarding investment tool for individuals, SMEs, and corporates.
What is the Arvocap Money Market Fund?
The Arvocap MMF is a CMA-regulated Collective Investment Scheme that pools funds from investors and allocates them into short-term, low-risk, interest-bearing instruments. These include:
- Treasury Bills and short-term Government Bonds – backed by the Government of Kenya, making them highly secure.
- Fixed Deposits with top-tier commercial banks.
- Commercial Papers issued by financially sound corporations.
The fund’s core mandate is to:
- Preserve capital.
- Provide liquidity to investors.
- Deliver competitive and consistent returns.
Because of this design, the Arvocap MMF is particularly suitable for risk-averse investors and anyone looking for a secure place to grow cash without committing to long-term lockups.
Fund Performance in 2025
The year 2025 has been a defining period for the Arvocap Money Market Fund, demonstrating not only strong returns but also a steep upward trajectory in overall fund growth.
- Effective Annual Yield (August 2025):
The fund hit 12.11%, placing it among the highest-yielding MMFs in the Kenyan market. This means that investors saw above-average returns compared to many competitors, especially those parking funds in savings accounts or fixed deposits.
- Average Annualized Return (September 2025):
By the end of Q3, the fund maintained a solid 11.49% average annualized yield. For investors, this consistency is essential—it shows that returns are not just a one-off spike but part of a sustained performance trend.
- Assets Under Management (June 2025):
The Arvocap MMF managed KES 200.7 million in investor contributions as of mid-2025. While this is small compared to industry giants, it represents a solid base and steady growth for a relatively young fund.
- Overall Unit Trust Growth:
Beyond just the MMF, Arvocap’s collective unit trust assets nearly doubled within one quarter, growing from KES 1.45 billion in March 2025 to KES 2.89 billion by June 2025—a staggering 99% growth. This momentum points to increasing investor trust and the firm’s ability to scale rapidly.
What This Means for Investors
This performance tells two powerful stories:
- Competitiveness in Yield
Arvocap MMF is proving that even smaller funds can deliver returns on par with, and at times better than, industry leaders. With yields consistently above 11%, investors gain meaningful growth on their cash without the risks associated with equities or real estate.
- Confidence and Expansion
The doubling of total unit trust assets is a strong signal of investor confidence. Institutions and individuals alike are starting to view Arvocap not as a niche player but as an emerging competitor in Kenya’s MMF market.
For an investor, this combination of high yield + rapid growth + strong oversight suggests that Arvocap MMF is not just a short-term performer, but a fund with long-term potential to cement its place among Kenya’s top MMFs.
Key Features of the Fund
| Feature | Details |
| Minimum Initial Investment | KES 3,000 |
| Minimum Top-Up | KES 1,000 |
| Effective Annual Yield (Aug 2025) | 12.11% |
| Average Annualized Performance (Sept 2025) | 11.49% |
| Fund Size (AUM, June 2025) | KES 200.7M |
| Liquidity | Withdrawals within 2–3 working days |
| Return Structure | Interest accrues daily and compounds monthly |
| Eligible Investors | Individuals, SMEs, corporates, institutions |
| Fund Manager | Arvocap Asset Managers Ltd, licensed by the CMA |
Why Choose the Arvocap Money Market Fund?
When deciding where to place your money, three questions usually come to mind: Is my money safe? How much will it earn? And how quickly can I access it if I need it?
The Arvocap Money Market Fund addresses all three with compelling answers, which is why it’s quickly gaining traction in 2025.
1. Competitive Yields That Outpace Savings Accounts
With an average yield of 11.49% in September 2025 and a peak of 12.11% in August 2025, Arvocap MMF consistently provides returns that outperform traditional savings accounts (2–5%) and many fixed deposit products (6–8%).
For the ordinary saver, this is the difference between stagnant money and a steadily compounding income stream.
2. Safety of Capital Through Conservative Investments
Unlike equities or real estate, the Arvocap MMF is built for capital preservation. The majority of its portfolio is held in government securities and bank deposits, both considered low-risk assets.
By focusing on safe and secure instruments, Arvocap gives investors peace of mind that their principal is protected, while still earning double-digit returns.
3. Liquidity and Cash Flow Flexibility
In a world where financial needs can change overnight, liquidity matters. With the Arvocap MMF, withdrawals are processed within 2–3 working days, ensuring your money is never out of reach.
This makes it particularly useful for businesses managing operational cash, individuals maintaining emergency funds, or investors holding cash temporarily before moving into larger opportunities.
4. Affordable Entry Point for All Investors
Accessibility is one of Arvocap’s strongest selling points. With a minimum deposit of just KES 3,000 and top-ups from KES 1,000, it caters to both first-time investors looking to test the waters and larger clients with substantial liquidity to manage.
This inclusivity broadens the appeal of the fund to students, salaried professionals, SMEs, and corporates alike.
5. Professional Fund Management and Regulatory Oversight
Arvocap Asset Managers are licensed and regulated by the Capital Markets Authority (CMA). This means the fund adheres to strict compliance standards designed to protect investors.
Beyond regulation, the fund is professionally managed by a team that actively monitors the fixed-income market to optimize returns while managing risk. For investors, this translates into trust, security, and disciplined performance.
6. Rapid Growth and Increasing Investor Confidence
The near doubling of Arvocap’s overall unit trust assets in just one quarter shows a wave of investor confidence.
As more individuals and institutions choose Arvocap, it benefits from greater economies of scale, better negotiation power on deposits, and stronger market visibility—all of which feed back into improved fund performance.
How the Fund Works
To understand how your money grows in the Arvocap MMF, it helps to break it down step by step:
- Pooling Contributions: Investor deposits are pooled together to create a sizeable fund.
- Strategic Allocation: The pooled funds are invested across a basket of short-term assets—mainly Treasury Bills, high-quality bank deposits, and corporate commercial papers.
- Daily Accrual: Interest is calculated daily, which means your money starts working for you immediately after investment.
- Monthly Compounding: Returns are compounded monthly, giving you the power of reinvested earnings to accelerate growth.
- Flexible Withdrawals: When you need your money, a withdrawal request can be made and typically processed within 2–3 business days.
This structure strikes a perfect balance between growth, safety, and liquidity, making it a powerful tool for both personal and corporate financial strategies.
Open Your Arvocap MMF here: https://shorturl.at/cpjsP
Example of Potential Earnings
Let’s put the numbers into perspective. If you invested KES 100,000 in August 2025 when the yield stood at 12.11%:
- After one year, your investment would grow to about KES 112,110.
- That’s KES 12,110 in interest, earned passively with almost no risk exposure.
To compare, if the same money were placed in a savings account at 3%, you’d only earn around KES 3,000. In a fixed deposit at 6%, you’d get KES 6,000.
The difference highlights why MMFs—and particularly Arvocap’s competitive rates—are attracting so much investor attention.
Risks to Consider
While the Arvocap MMF is designed to minimize risk, investors should never forget that no investment is entirely risk-free. Here are the main risks worth noting:
- Interest Rate Risk: Returns are tied to prevailing rates in the fixed-income market. If Treasury Bill yields or bank deposit rates decline, the MMF’s returns will also adjust downward.
- Credit Risk: Though rare and carefully managed, there is always a slim chance that a corporate issuer of commercial paper could default. Arvocap mitigates this by only selecting high-grade, vetted issuers.
- Liquidity Risk: In extreme cases, such as sudden large-scale withdrawals, there could be slight delays in processing redemptions. However, since most of the fund is invested in liquid government securities, this risk remains low.
For perspective, these risks are far less severe than those associated with equities, real estate, or unregulated investment schemes. The Arvocap MMF remains one of the safest ways to preserve and grow your money in Kenya.
Arvocap vs Other Money Market Funds in Kenya
One of the best ways to evaluate a money market fund is to compare it against its peers. Kenya has a vibrant MMF market, with more than 20 licensed players, ranging from established giants like Sanlam and CIC to newer, fast-growing funds like Arvocap and Etica.
Each fund comes with unique strengths in terms of yield, entry requirements, and market size.
Side-by-Side Comparison (Sept 2025)
| Fund Manager | Effective Annual Yield (Sept 2025 Avg) | Minimum Investment | Minimum Top-Up | AUM (June 2025) | Liquidity |
| Arvocap MMF | 11.49% (12.11% in Aug 2025) | KES 3,000 | KES 1,000 | KES 200.7M | 2–3 days |
| Sanlam MMF | ~12.0% | KES 2,500 | KES 1,000 | KES 92.7B | 2–3 days |
| CIC MMF | ~11.7% | KES 5,000 | KES 1,000 | KES 87.8B | 2–3 days |
| Etica MMF (KES) | ~11.6% | KES 1,000 | KES 500 | KES 10.5B | 2–3 days |
| Kuza MMF (KES) | ~11.5% | KES 500 | KES 500 | KES 1.82B | 2–3 days |
| Nabo MMF (KES) | ~11.4% | KES 1,000 | KES 1,000 | KES 4.1B | 2–3 days |
Insights from the Comparison
- Yields and Competitiveness
Arvocap MMF’s 11.49% average yield (12.11% in August) comfortably places it among the top-performing funds in Kenya. While Sanlam edges slightly higher at around 12%, the difference is marginal.
For a smaller fund, Arvocap’s ability to match and even outperform bigger players at times is a strong sign of competitiveness.
- Market Share and AUM
Sanlam and CIC dominate the market with AUM above KES 80 billion each, representing the trust of thousands of investors.
By comparison, Arvocap’s KES 200 million AUM may look small, but its growth rate—nearly doubling unit trust assets in a single quarter—signals investor confidence and scalability.
Smaller funds often grow aggressively because they can be nimble in their investment strategy.
- Accessibility
Kuza and Etica target entry-level investors with low minimums (KES 500–1,000). This makes them attractive for beginners and micro-savers.
Arvocap sits in the middle ground with a KES 3,000 minimum, accessible yet high enough to attract a more serious, intentional investor base.
- Liquidity
Liquidity remains consistent across all major MMFs—2–3 working days. This means investors can switch between funds or redeem their cash without long delays, making MMFs a flexible parking ground for cash.
- Investor Confidence vs Growth Opportunity
Large funds like Sanlam and CIC offer the comfort of stability and reputation, while smaller players like Arvocap represent growth opportunities and sometimes more personalized service.
For investors, this balance is key: you may prefer the established security of Sanlam or the growth potential and slightly higher yields of Arvocap.
Takeaway for Investors
If you’re seeking a proven, established fund, Sanlam and CIC are industry leaders with massive investor bases. But if you’re looking for a fast-growing, competitive alternative that still delivers double-digit returns, the Arvocap MMF stands out. Its affordability, rapid growth, and ability to produce yields comparable to the giants make it an attractive option in 2025.
In other words, Arvocap is big enough to be trusted and small enough to grow quickly—a sweet spot for investors who value both safety and upside potential.
How to Invest in the Arvocap Money Market Fund
Getting started with the Arvocap MMF is straightforward, and Arvocap has deliberately kept the process simple to encourage accessibility. Whether you are an individual, a small business, or a corporate institution, the steps are almost the same.
Step 1: Visit the Official Portal
Head to the Arvocap MMF page. Here, you will find details about the fund, downloadable forms, and instructions on how to proceed. This is the safest place to start, since it ensures you are dealing directly with the fund manager and not intermediaries.
Step 2: Complete the Application Form
Download and fill out the Arvocap Money Market Fund application form. The form captures basic details like your name, ID, contact information, next of kin, and bank details for deposits and withdrawals.
For corporates and SMEs, additional documentation such as company registration and director details may be required.
Step 3: Submit Your KYC Documents
Arvocap, like all CMA-regulated fund managers, must comply with Know Your Customer (KYC) requirements. This means you will need to provide:
- A copy of your National ID/Passport
- Your KRA PIN certificate
- Proof of residence (e.g., utility bill, lease agreement, or official correspondence)
- For corporates: Certificate of Incorporation, CR12, and signatories’ IDs
Step 4: Make Your Initial Deposit
Once the application is complete, transfer your funds to the designated Arvocap account. The minimum initial investment is KES 3,000. Payments can be made via bank transfer, standing orders, or direct deposits.
Step 5: Make Top-Ups Anytime
After your account is set up, you can grow your investment by topping up as often as you like. The minimum top-up is just KES 1,000, making it easy to keep building your balance at your own pace. Many investors use standing orders to automate their monthly contributions.
Step 6: Track and Withdraw with Ease
Arvocap provides monthly statements showing your account growth. Withdrawals are processed within 2–3 business days, and funds are sent to your nominated bank account.
You can choose to reinvest earnings for compounding growth or withdraw interest as a regular cash flow.
Investor Tip: If your goal is to build an emergency fund, reinvest your earnings for at least 6–12 months to maximize compounding. Once the balance is substantial, you can switch to withdrawing monthly interest as a steady income stream.
FAQs About the Arvocap Money Market Fund
1. What is the current yield on the Arvocap MMF?
As of August 2025, the fund achieved an effective annual yield of 12.11%, and by September 30, 2025, the average annualized performance stood at 11.49%. These rates place Arvocap among Kenya’s most competitive MMFs in 2025.
2. How much do I need to get started?
You need a minimum of KES 3,000 to open an account. After that, you can make top-ups starting from KES 1,000. This relatively low entry point makes it suitable for beginners while still appealing to more established investors.
3. How soon can I access my money if I need it?
Withdrawals are processed within 2–3 working days. This liquidity makes the Arvocap MMF ideal for short-term savings goals, parking idle business funds, or building an emergency reserve.
4. Is the Arvocap MMF safe?
Yes. The fund invests primarily in low-risk securities such as Treasury Bills, Treasury Bonds, and fixed deposits in reputable banks. It is also regulated by the Capital Markets Authority (CMA), ensuring strict compliance and transparency.
While no investment is 100% risk-free, MMFs are considered one of the safest options available in Kenya.
5. Can businesses and organizations invest in the fund?
Absolutely. The Arvocap MMF is open to individuals, SMEs, corporates, and institutions. Many businesses use MMFs as a way to manage short-term liquidity while earning returns higher than what they’d receive from current accounts.
6. How do I receive my returns?
Returns accrue daily and are compounded monthly. You can reinvest earnings automatically to benefit from compound growth or withdraw interest regularly if you prefer additional cash flow.
7. How does Arvocap compare to other MMFs in Kenya?
While Arvocap is smaller in size (AUM ~KES 200M as of June 2025) compared to giants like Sanlam (KES 92B) or CIC (KES 87B), its yields are just as competitive, and its growth trajectory has been remarkable. This makes it an attractive option for investors who want both performance and growth potential.
Conclusion
The Arvocap Money Market Fund has proven itself as one of Kenya’s most promising investment options in 2025. With yields averaging above 11%, affordable entry requirements, and rapid fund growth, it provides an excellent option for both individuals and businesses.
Though still smaller compared to industry leaders, Arvocap MMF’s consistent performance, liquidity, and professional management make it a strong alternative for investors looking for safety, flexibility, and competitive returns.
If you’re building an emergency fund, managing business cash flow, or simply seeking a better alternative to bank savings, the Arvocap MMF deserves serious consideration.
For a broader perspective, make sure to read my full blog on Money Market Funds in Kenya 2025, where I compare multiple funds side by side.
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