📘Overview
It starts at KES 1,000. KCB Bank is the trustee, Absa Bank holds the fund's money as custodian and Deloitte audits it.
⚙️How it works
💳Fees and charges
• Management fee: 2% a year. Total yearly costs including the fee have been about 2.6% to 2.8% of your balance.
• Withholding tax of 15% applies to interest.
⚠️Risks and important considerations
✅Eligibility and how to apply
❓Frequently asked questions
The money is paid the next working day.
How often is interest paid?
Daily.
How much do I need?
KES 1,000.
Who keeps the money safe?
KCB Bank is the trustee, Absa Bank is the custodian and Deloitte is the auditor.
💰 What your money earns
At 7.39% a year, this week's yield (6 Nov 2026) · see how it has moved. Interest builds up every day, so you can see what each day and month adds.
Yield, week by week
- 2 Nov
- 6 Nov
Average over these 2 weeks: 6.75% a year (from 6.11% to 7.39%).
Before the 15% withholding tax on interest, which the fund deducts for you. The yield changes every day, so treat this as a guide, not a promise.
🏛️ Who looks after your money
Your money sits with the custodian, not with NCBA Investment Bank, and the trustee watches over the manager on your behalf.
- Trustee
- KCB Bank KenyaChecks the manager follows the rules, on your behalf
- Custodian
- Absa Bank KenyaHolds the fund's money and investments, separate from the manager
- Auditor
- DeloitteChecks the fund's accounts every year
- Withdrawals
- Paid the next working day (T+1).
- Lock-in
- None
- Interest
- Daily
From: NCBA factsheet, May 2026.
Want help with this product?
Prefer to go direct? NCBA Investment Bank's website ↗
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⚖️ Compare with other fixed income funds
| Product | This oneNCBA Fixed Income Fund (KES)NCBA Investment Bank | Britam Bond Plus FundBritam Asset Managers (Kenya) Ltd | CIC Fixed Income FundCIC Asset Management Ltd | Etica Fixed Income Fund (KES)Etica Capital Ltd | Kuza Fixed Income Fund (KES)Kuza Asset Management Ltd |
|---|---|---|---|---|---|
| This week's rate | 7.39% | Not on our weekly list | 10.36% | 12.11% | 11.30% |
| Minimum to start | KES 1,000 | KES 1,000 | KES 1,000,000 | KES 100 | KES 1,000 |
| Access to money | No lock-in. Withdrawals are paid the next working day (T+1). | No access for the first 14 days; after that, withdrawals reach M-Pesa or your bank within… | No lock-in. Withdrawals are paid 2 to 4 working days after you ask. | No lock-in. Withdrawals are instant to M-Pesa, and reach a bank account within 2 working… | 3-month lock-in on each investment; after that you can withdraw on any business day. Best… |
| Risk | Moderately conservative | Low to medium | Low | Low risk | Low to medium |
Rates change weekly and past returns don't guarantee future returns. Check each fund's latest documents before you invest. See all weekly rates →
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Information last reviewed: 12 Nov 2026