Personal retirement · Enwealth Mauritius Personal Retirement Plan

One plan, in full

No employer involved — you open the account, you decide what goes in, and it stays yours if you change jobs or work for yourself. Same scheme and same custodian across the range; what changes is the minimum, the fee, the fund, and how long the money sits before you can reach it.

Regulated by the Financial Services Commission
Personal retirement plans compared by minimum contribution, fee, fund, eligibility and access.
TermMauritius Personal SaverFrom Rs 1,000 a month, in rupees, under FSC rules.
Minimum a monthWhat you commit to paying inMUR 1,000
Annual feeCharged on the balance, not on the contribution1.25%
Where it is investedThe fund your contributions default toMauritius Money Market
How much it movesWhat that fund returned recently — not a forecast4.6%Barely moves
Open toYour age at the point you join1860Closes 5 years before the scheme retirement age
Pay inHow often contributions may be madeMonthly, quarterlymost flexible
Reachable fromEarliest access, and how long it must be held firstAge 55after 12 months
Who it is forA personal retirement plan for a Mauritius resident — a professional, a business owner, or anyone saving without an employer. Contributions are held in the Mauritius Money Market Fund. This plan sits alongside your statutory NPF/NSF and any PRGF obligations; it does not replace them.
Open Personal Saver

Scroll the table sideways to compare. The term column stays in place.

A green tick marks the lowest cost, the widest choice or the shortest lock-in in that row — it does not mark the best plan for you. “How much it moves” is what each fund returned recently and is not a promise about next year. Every figure here is read from the product catalogue at the moment you load the page. You will need your national ID and a phone that can receive a code to open any of them.

Work out what it could come to

Both of these are illustrations. They show what the arithmetic gives for the numbers you put in — nothing here is a quotation, a guarantee, or advice about what you personally should do.

What might this be worth at retirement?

An illustration, not a quotation. It assumes you keep paying in and that returns average out — neither of which is guaranteed.

Mauritius Money Market Fund returned 4.6% over the last year. Past returns are not a forecast.

Projected pot after 30 years
KES 773,329
You paid in
KES 360,000
Growth added
KES 413,329

In today’s money that is about KES 178,931 — what the pot would buy if prices rise 5% a year. The larger figure is what the statement will say; this is what it will be worth.

Money market: what would it earn?

For money you want to keep steady. Yields move — the rate below is what the fund returned recently, not a promise about next year.

Money Market Fund returned 4.6% over the last year.

Deducted from interest before it reaches you. Confirm the rate that applies to you.

After tax, you would have
KES 103,993
You put in KES 100,000
Interest KES 4,698
Less tax KES 705

A money market fund is not a deposit account and is not guaranteed. It aims to hold its value and pay interest, and in unusual conditions it can do neither.

Things worth knowing before you start

  • This is not a savings account. Money in a provident fund is for retirement, and the access rules above are the rules — not guidelines.
  • Investments can fall. The higher-returning funds move more, in both directions. The plan you pick sets where your money starts, and you can move it later.
  • You can change what you pay in. The minimum is a floor, not a commitment for life.