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): 22.20%
- NAV: N65.82 million
- Unitholders: 23
- Earning potential: N22.5 million required to earn N5 million annually
At the top of the table is DLM Asset Management, delivering a 22.20% YTD yield, up from 18.90% just a week earlier. Despite its relatively modest NAV of N65.82 million and only 23 unitholders, DLM has demonstrated efficiency in managing capital and optimizing returns.
The fund invests heavily in government securities, complemented by bank placements and commercial papers, with a small cash buffer for liquidity. This conservative yet high-yielding structure makes it one of the most compelling options for investors seeking stable and outsized returns.
What you should know
Money market funds in Nigeria are evolving beyond conservative savings vehicles into strategic wealth management tools. In 2025, investors can leverage these top performers to beat inflation, manage liquidity, and earn consistent double-digit returns. With disciplined capital deployment, achieving an annual passive income of N5 million is no longer out of reach.
