Nigeria’s money market mutual funds (MMMFs) continue to prove their relevance as a safe and profitable investment option in an economy characterized by high interest rates, inflationary pressures, and exchange rate volatility.
As of the week ended August 8, 2025, the total net asset value (NAV) of the industry rose to N3.59 trillion, from N3.52 trillion recorded a week earlier, across 41 licensed fund managers.
This steady growth underlines investors’ increasing appetite for liquidity and capital preservation.
Among the players, five funds stand out for their competitive yields (YTD), offering investors the potential to generate up to N5 million annually with the right capital commitment.
Top 5 Money Market Mutual Fund Managers by yield – August 8, 2025
- Yield (YTD): 22.09%
- NAV: N50.67 billion
- Unitholders: 6,023
- Earning potential: N22.65 million required to earn N5 million annually
Meristem continues to rank among the highest-yielding funds, offering a YTD return of 22.09%. Despite managing assets of over N50 billion, the fund has consistently delivered strong returns through investments in Treasury Bills and high-grade bank placements.
Its performance shows that scale does not necessarily dilute yield, making it a dependable choice for investors targeting high passive income.
Is a good one
How do I invest in mutual fund. What are the requirement especially for Arm money markets
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Can I invest in the money market fund using this two apps I currently have, namely Bamboo and Cowrywise