Money Market Funds Calculator

Estimate your potential returns from a money market fund in seconds.

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Investment Summary

Here is the breakdown of your returns based on current inputs.

Calculation Details

Invested Capital₦100,000.00
Tenor6 months
Interest Rate (Annual)2%
Maturity Date21 Aug 2026
Total Interest Earned₦1,000.00
Total Payout Value₦101,000.00

How Do I Use The Money Market Fund Calculator?

This calculator estimates your potential returns using standard money market fund assumptions commonly used across the financial industry.

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Enter Your Investment Amount

Input the amount you plan to invest and select how long you want to lock in your funds. This forms the basis for your return calculation.

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Choose Tenor & Rate

Select the tenure and annualized rate. Adjusting these values helps you see how different terms affect your returns.

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See Your Returns Instantly

The calculator shows your estimated interest earned and total maturity value in real time as you update your inputs.

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Compare Money Market Fund options

Use your results to compare fixed deposit rates and terms across providers, then choose the option that best fits your goals.

Using this information, the calculator projects:

  • How much interest your money could earn
  • Your total investment value at the end of the selected period

This tool is designed for planning and comparison, not for predicting guaranteed returns.

What Is Money Market Fund?

A money market fund is a low‑risk investment fund that invests in short‑term, highly liquid financial instruments such as:

  • Treasury bills
  • Commercial paper
  • Bank deposits
  • Short‑term government or corporate securities
  • Money market funds aim to:

  • Preserve your capital
  • Provide steady income
  • Offer easy access to your money

They are commonly used by individuals and businesses to manage cash while earning more than a traditional savings account.

Get Alert for Money Market Funds

Stay informed when money market fund rates change. Get notified early so you can act at the right time.

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What Affects Your Money Market Fund Returns?

Several factors can impact how much you earn:

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Interest rate changes

Higher rates generally lead to higher yields

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Investment duration

Longer holding periods may increase total returns

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Compounding frequency

More frequent compounding can slightly improve returns

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Fund management fees

Fees reduce net returns

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Market conditions

Liquidity stress or policy changes can affect yields

Who Should Invest in Money Market Funds?

Who Should Invest in a Money Market Fund?

  • Want a low‑risk investment option
  • Are saving for short‑term goals
  • Need easy access to your money
  • Want better returns than a regular savings account

They may not be suitable if:

  • You’re investing for long‑term growth
  • You can tolerate higher risk
  • You want guaranteed fixed returns
FAQ - Money Market Fund
Are money market funds safe?

They are generally low risk, but returns are not guaranteed.

Can I lose money?

Losses are uncommon but possible in extreme market conditions.

How often are returns paid?

Most funds calculate returns daily and distribute them monthly or quarterly.

Can I withdraw anytime?

Most funds allow withdrawals, but terms vary by provider.

Is a money market fund better than a savings account?

Money market funds often offer higher returns, but savings accounts may provide stronger capital guarantees.

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