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Mansa-X Special Funds Now Market Leader Commanding 20% of CIS Market Share as AUM Crosses KES 188 Billion in Q2 2026

BY Soko Directory Team · September 8, 2026 09:09 am

Standard Investments Trust Funds(SITF), the umbrella fund managing the Mansa-X Special Funds powered by Standard Investment Bank, is now the largest Collective Investment Scheme in Kenya with a market share of KES 188Bn as at the end of June 2026. The Capital Markets Authority (CMA) Collective Investment Schemes Quarterly Report for Q2 2026 shows that the 23% AUM growth in the three months ending June 2026 pushed the fund to market leader, commanding 20% of the total CIS Market Share  currently at KES 948.7Bn.

The Mansa-X Special Fund – KES closed the quarter with a 64.8% market share in the Special CIS category with its AUM hitting KES 163.8Bn while Mansa-X Special Fund – USD placed second with KES 20.6 Bn in AUM, representing 8.1% of the market share.

SIB Executive Director for Global Markets, and Portfolio Manager of the Mansa-X Special Funds Nahashon Mungai, attributed the continued growth to rising investor demand for investment solutions that offer protection against market volatility, as well as the growing need to diversify portfolios beyond traditional asset classes. “Mansa-X provides investors with a highly diversified investment solution, providing unparalleled exposure to more than 200 assets across global markets creating a broad range of investment opportunities. This breadth of diversification and global market exposure is increasingly important to investors navigating an unpredictable market environment. SIB is proud of the progress Mansa-X has made and appreciates the commitment and dedication of our staff, and the trust from our clients in driving this achievement.”

On the other hand, Mansa-X Shariah Special Fund – KES grew 20% from KES 3Bn  to close at KES 3.6Bn, while the Mansa-X Shariah Special Fund – USD saw a 13.4% increase from KES 528Mn to KES 599Mn by the close of Q2 2026 further cementing its position as the largest Shariah-compliant investment fund in Kenya.

SIB Executive Director for Islamic Investment Banking, Abdullahi Adan, said the growing uptake reflects increasing demand for ethical investment solutions in the Kenyan market, with Shariah Funds providing investors with an avenue to align their investments with their values. “Shariah-compliant investment products have continued to gain traction over the years, serving as both an alternative to and complement of conventional financial solutions. This growth is expanding access to investment opportunities for individuals and institutions seeking products that are consistent with their faith while meeting their financial objectives.”

The CMA Report showed that in the period ended June 30, 2026, the total assets under management by Collective Investment Schemes (CIS) amounted to KES 948.7Bn, an 11% increase from KES 851.7Bn reported in Q1 2026.

Read Also: 5 Things to Consider Before Investing in a Special Fund in Kenya

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