The Capital Markets Authority (CMA) has published a fresh ranking of Kenya’s largest collective investment schemes, highlighting the funds managing the highest volumes of investors’ money.
According to the regulator’s Quarterly Statistical Bulletin for the third quarter of 2026 (Q3), Standard Investment Trust Fund topped the list with Ksh188.62 billion in assets under management as of June 30, 2026, accounting for 19.88 per cent of the market.
Sanlam Unit Trust Scheme came second with Ksh171.38 billion in assets, representing an 18.06 per cent market share. CIC Unit Trust Scheme ranked third, managing Ksh105.24 billion, equivalent to 11.09 per cent of the market.
Britam Unit Trust Scheme secured fourth place with Ksh71.35 billion, representing a 7.52 per cent market share, while NCBA Unit Trust Scheme completed the top five with Ksh50.54 billion, accounting for 5.33 per cent.
Old Mutual Unit Trust Scheme ranked sixth with Ksh38.29 billion, followed by Jubilee Unit Trust Scheme at Ksh32.90 billion and Absa Unit Trust Funds with Ksh31.39 billion.
Coop Unit Trust Scheme occupied ninth position with Ksh27.09 billion, while KCB Unit Trust Scheme rounded off the top ten with Ksh26.03 billion in assets under management.
The rankings come amid sustained growth in Kenya’s collective investment schemes, whose combined assets rose to Ksh948.7 billion by the end of June 2026, up from Ksh851.7 billion recorded in March. This represented an increase of approximately 11 per cent in three months.
The CMA attributed the expansion to improved performance in existing funds, the introduction of additional funds under established umbrella schemes and increased marketing activity by fund managers.
“The increase can be attributed to overall growth reported by existing CIS funds as well as additional funds registered by existing umbrella schemes and commenced reporting in Q2 2026. The increase can also be attributed to intensified marketing efforts by the fund managers,” the report read in part.
Standard Investment recorded the strongest growth among the leading funds, increasing its assets under management by approximately 23 per cent from Ksh153.15 billion in March to Ksh188.62 billion in June.
The growth enabled the fund to overtake Sanlam, which had previously held the leading position in the market.
Sanlam’s assets increased by six per cent during the period, while CIC recorded two per cent growth. Britam posted a stronger performance, with its assets under management rising by 15 per cent.
NCBA, however, experienced a decline, with its assets falling by seven per cent from Ksh54.29 billion in March to Ksh50.54 billion in June.
Beyond the top ten, Etica Unit Trust Fund ranked 11th with Ksh24.87 billion in assets, followed by ICEA Unit Trust Scheme at Ksh23.74 billion in 12th place. Madison Unit Trust Funds occupied the 13th position with Ksh20.56 billion.
Ziidi Money Market Fund ranked 14th overall, managing Ksh19.89 billion, while Faida Unit Trust Funds followed with Ksh19.42 billion. Nabo Africa Funds completed the list of additional schemes highlighted in the report with Ksh14.79 billion in assets under management.
