New CMA Figures Show Which Investment Funds Are Managing the Most Money in Kenya

Standard Investment Trust Fund has overtaken Sanlam to become Kenya’s largest collective investment scheme after increasing its assets under management to KSh188.62 billion, according to the latest figures released by the Capital Markets Authority (CMA).

The CMA’s Quarterly Statistical Bulletin for the third quarter of 2026 shows that Standard Investment held 19.88 per cent of the market as of June 30, placing it ahead of Sanlam Unit Trust Scheme, which had assets worth KSh171.38 billion.

Sanlam accounted for 18.06 per cent of the market, while CIC Unit Trust Scheme occupied third position with KSh105.24 billion, representing 11.09 per cent.

Britam Unit Trust Scheme ranked fourth with KSh71.35 billion, followed by NCBA Unit Trust Scheme, which managed KSh50.54 billion to take fifth place.

The remaining positions in the top ten went to Old Mutual, with KSh38.29 billion; Jubilee, with KSh32.90 billion; Absa, with KSh31.39 billion; Co-operative, with KSh27.09 billion; and KCB, with KSh26.03 billion.

The rankings come as Kenya’s collective investment schemes recorded significant growth in the three months leading to June 2026. According to the CMA, the total value of assets managed by these schemes increased from KSh851.7 billion in March to KSh948.7 billion by the end of June, an increase of approximately 11 per cent.

The regulator attributed the growth to the performance of existing funds, the registration of additional funds under established umbrella schemes and increased marketing activities by fund managers.

Standard Investment recorded one of the strongest gains among the leading schemes, with its assets rising by 23 per cent from KSh153.15 billion in March to KSh188.62 billion in June. The increase enabled it to move ahead of Sanlam, which had previously held the top position.

Sanlam’s assets grew by six per cent during the period, while CIC recorded a two per cent increase. Britam posted a 15 per cent rise, whereas NCBA experienced a seven per cent decline, with its assets falling from KSh54.29 billion to KSh50.54 billion.

Outside the top ten, Etica Unit Trust Fund ranked 11th with KSh24.87 billion, followed by ICEA Unit Trust Scheme at KSh23.74 billion and Madison Unit Trust Funds at KSh20.56 billion.

Ziidi Money Market Fund occupied 14th position with KSh19.89 billion. Faida Unit Trust Funds followed with KSh19.42 billion, while Nabo Africa Funds managed KSh14.79 billion.

The latest figures provide a picture of the growing collective investment market in Kenya, where money market and other unit trust funds offer investors options for pooling their money under professional management. However, investors should compare individual funds’ fees, investment objectives, risks and withdrawal conditions before choosing where to put their money.

https://www.kenyans.co.ke/news/128826-cma-ranks-kenyas-most-popular-money-market-and-unit-trust-funds-2026?utm_source=Facebook&utm_medium=SW&fbclid=IwZXh0bgNhZW0CMTEAcGRvZgNzcnRjBmFwcF9pZA8yNzUyNTQ2OTI1OTgyNzkAAR52jQfo5UOV2qGmhEH7Vq1Gf8-K1uGhU5jM—LOkFIumYP947LXnZkpo4-jg_aem_CfFhS0kYx2bAp-L7cahssw

Antoblog feedback-opera-news-app@opera.com