Participation Funds: Interest-Free Fund Returns
Participation funds do not invest in interest-bearing instruments; they use lease certificates (sukuk), participation accounts and approved company shares. They operate under the supervision of an advisory board.
Top 25 funds by return over 1 year
| Code | Fund name | Return | Size | Investors |
|---|---|---|---|---|
| CPU | AKTİF PORTFÖY TEKNOLOJİ KATILIM FONU | 93,64% | 1,4 billion TL | 17.873 |
| RBR | RE-PIE PORTFÖY BİRİNCİ KATILIM SERBEST FON | 80,54% | 127 million TL | 959 |
| BCO | BULLS PORTFÖY ÇOKLU VARLIK KATILIM FONU | 77,08% | 111 million TL | 1.261 |
| KKL | ALLBATROSS PORTFÖY KISA VADELİ KATILIM SERBEST (TL) FON | 54,89% | 3,7 billion TL | 1.652 |
| CKF | ALBARAKA PORTFÖY ÇOKLU VARLIK KATILIM FONU | 52,70% | 671 million TL | 2.925 |
| FFH | QNB PORTFÖY ÇOKLU VARLIK KATILIM FONU | 51,20% | 1,7 billion TL | 2.173 |
| ZBI | ZİRAAT PORTFÖY TEMKİNLİ KATILIM FONU | 46,07% | 203 million TL | 1.874 |
| ZCK | ZİRAAT PORTFÖY AGRESİF KATILIM FONU | 45,53% | 406 million TL | 2.483 |
| NJY | NUROL PORTFÖY BİRİNCİ KATILIM FONU | 45,51% | 404 million TL | 1.382 |
| GLS | AZİMUT PORTFÖY KİRA SERTİFİKALARI (SUKUK) KATILIM FONU | 45,23% | 869 million TL | 1.460 |
| KAC | EMLAK KATILIM PORTFÖY KISA VADELİ KATILIM SERBEST (TL) FON | 44,33% | 19,5 billion TL | 1.760 |
| MPK | AKTİF PORTFÖY KİRA SERTİFİKASI KATILIM (TL) FONU | 44,02% | 251 million TL | 1.524 |
| MPF | AKTİF PORTFÖY KISA VADELİ KİRA SERTİFİKASI KATILIM (TL) FONU | 43,89% | 1,6 billion TL | 1.967 |
| VFK | ZİRAAT PORTFÖY İKİNCİ KISA VADELİ KİRA SERTİFİKALARI KATILIM (TL) FONU | 43,62% | 4,6 billion TL | 5.793 |
| PVK | ALBARAKA PORTFÖY KISA VADELİ KATILIM SERBEST (TL) FON | 43,61% | 41,5 billion TL | 8.267 |
| HPV | ZİRAAT PORTFÖY HALKBANK KISA VADELİ KİRA SERTİFİKALARI KATILIM (TL) FONU | 43,49% | 9,2 billion TL | 338.951 |
| RBV | ALBARAKA PORTFÖY KISA VADELİ KİRA SERTİFİKALARI KATILIM (TL) FONU | 43,48% | 8,6 billion TL | 18.214 |
| ZPK | ZİRAAT PORTFÖY KISA VADELİ KİRA SERTİFİKASI KATILIM (TL) FONU | 43,48% | 22,3 billion TL | 30.250 |
| VKI | ALBARAKA PORTFÖY VAKIF KATILIM İKİNCİ KISA VADELİ KATILIM SERBEST (TL) FON | 43,21% | 1,2 billion TL | 338 |
| EKF | ASTRA PORTFÖY KİRA SERTİFİKASI KATILIM (TL) FONU | 43,04% | 1,3 billion TL | 4.854 |
| DPK | DENİZ PORTFÖY KİRA SERTİFİKALARI KATILIM (TL) FONU | 42,32% | 896 million TL | 1.370 |
| OTF | OYAK PORTFÖY TÜRKİYE FİNANS KISA VADELİ KİRA SERTİFİKASI KATILIM (TL) FONU | 41,96% | 650 million TL | 1.954 |
| GPF | GARANTİ PORTFÖY ÇOKLU VARLIK KATILIM FONU | 41,70% | 595 million TL | 3.093 |
| ZPG | ZİRAAT PORTFÖY KİRA SERTİFİKALARI (SUKUK) KATILIM FONU | 41,51% | 1,6 billion TL | 6.559 |
| CVK | INVEO PORTFÖY ÇOKLU VARLIK KATILIM FONU | 40,97% | 174 million TL | 1.875 |
Return is the change in the fund's unit value over 1 year, net of the management fee. Size is the fund's total portfolio value, and the investor count is the number of people holding units in it.
How should this table be read?
Past returns do not predict future returns. That sounds like a cliché, but for funds it is especially true: a fund at the top of the list one year can be near the bottom the next. Picking a fund by its one-year return is the riskiest method there is.
Compare against the median. The median return of this category is 41,96 percent. Whether a fund is good is measured not by its absolute number but against the median of its own category. Returns far above the median usually mean more risk was taken.
Look at size and investor count. In a very small fund a few large trades can move the return. Funds with many investors are usually more settled structures.
Compare the funds yourself
On the FUNDS tab of the home page you can switch the period (1 month, 3 months, 1 year, 3 years, 5 years), put categories side by side and see how the funds held up against inflation.
Open the fund screenOther fund categories
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