Research

Top Performing Money Market Funds | 30 January 2026

Money Market Funds (MMFs) continued to offer attractive risk-adjusted returns, comfortably outperforming short-term government securities during the week.

RankMoney Market FundEffective Annual Rate
1Cytonn Money Market Fund11.9%
2Arvocap Money Market Fund11.8%
3Nabo Africa Money Market Fund11.8%
4Etica Money Market Fund11.2%
5Ndovu Money Market Fund11.1%
6Enwealth Money Market Fund11.1%
7Lofty-Corban Money Market Fund11.0%
8Gulfcap Money Market Fund10.8%
9Kuza Money Market Fund10.5%
10Jubilee Money Market Fund10.3%

Quick takeaway:
With most top MMFs yielding 10.3%–11.9%, returns remain well above 91-day and 182-day T-bill yields, reinforcing MMFs as a compelling short-term liquidity and capital-preservation option in the current rate environment.

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