The Ziidi Money Market Fund has posted a profit of Sh748.28 million in its first fourteen months of operation that ended in December 2025.
The Ziidi Money Market Fund which is owned by telecommunications firm Safaricom recorded an investment income of Sh1 billion. This income was mainly generated from assets which included cash from investors amounting to Sh14.6 billion.
The income came against operating expenses that stood at Sh250 million and an expected loss allowance of Sh10.55 million. These accounted for 26 percent of the income.
Call deposits stood at Sh7.48 billion at the end of the review period while deposits with financial institutions stood at Sh4.51 billion. The fund had invested Sh908.4 million in Treasury Bills. Call deposits and bank placements comprised of 76 percent of the fund’s assets.
Call deposits are a type of term deposit that offers high flexibility with a very short notice. They are generally covered by bank deposit insurance. A call deposit generally allows you to earn interest from it while still having access to it.
During the period under review, unit holder funds stood at Sh14.7 billion. When combined with the net income for the period, the total members’ funds came in at Sh15.5 billion.
The Ziidi Money Market Fund has gained popularity among local retail investors due to its flexibility and ease of access. A spot check by Bizna Kenya shows that an investor can list to invest with the Ziidi MMF and start investing instantly. At the same time, the fund offers instant withdrawals.
“Ziidi MMF is part of our continued efforts to diversify M-Pesa beyond payments and deepen financial wellness. “Ziidi ni Ziidi” introduces the mindset that a little goes a long way, and any kind of growth is valuable. This empowers people to define prosperity on their own terms, and make wealth creation achievable to all,” said Safaricom chief executive officer Peter Ndegwa.
SEE MORE: Safaricom and NSE launch Ziidi trader to bring stock market to M-PESA users
“Ziidi MMF is zero-rated, meaning you won’t be charged any transaction fees for deposits or withdrawals. Ziidi MMF has no maintenance fees.” The MMF is a partnership with the Standard Investment Bank and ALA Capital Limited.
