TEFASRisk 7/7Price Nov 2, 2026
Pardus Portföy Bankacılık Sektörü Dışı Şirketler Hisse Senedi Serbest (TL) Fon (Hisse Senedi Yoğun Fon) BST
- Fund size (Nov 2, 2026)
- TRY 1.1M
- Investors
- 525
- Management fee (annual)
- 1.00%
The Capital Markets Board (SPK) decided to liquidate this fund in bulletin 2026/60 dated September 17, 2026; the liquidation list was updated by bulletin 2026/61. No buy or redemption orders are executed in the fund; no live estimate is produced. Prices and returns are based on the last price published on TEFAS (November 2, 2026). SPK bulletin 2026/60 · List of funds in liquidation
At a Glance: BST Fund
- The BST fund is on the liquidation list of Capital Markets Board (SPK) bulletin 2026/60 dated September 17, 2026. Liquidated funds
- According to Yatırımcı.AI data, the last official price of the BST fund was TRY 0.328408 (November 2, 2026); no buy or redemption orders are executed.
- The BST fund returned −96.80% over 1 month, −96.21% year to date and −96.14% over 1 year.
- The BST fund has total assets of TRY 1.1M and 525 investors.
- The BST fund is in the Hedge Fund category, with a CMB (SPK) risk score of 7 out of 7.
- The BST fund was established by Pardus Portföy Yönetimi A.Ş.
What is the BST fund?
BST is the fund code of Pardus Portföy Bankacılık Sektörü Dışı Şirketler Hisse Senedi Serbest (TL) Fon. It was established by Pardus Portföy Yönetimi A.Ş. The BST fund is in the Hedge Fund category, with a CMB (SPK) risk score of 7 out of 7. The fund is in liquidation by Capital Markets Board (SPK) decision.
What is the BST fund price and return?
The last official price of the BST fund was TRY 0.328408 (November 2, 2026). It returned −96.80% over 1 month, −96.21% year to date and −96.14% over 1 year.
Is the BST fund being liquidated?
Yes. The BST fund is on the liquidation list of Capital Markets Board (SPK) bulletin 2026/60 dated September 17, 2026; no buy or redemption orders are executed. All liquidated funds are listed on the Yatırımcı.AI liquidated funds page.
BST Fund Price Chart
Key Data
- Price
- 0.328408Nov 2, 2026
- Daily change
- −0.92%
- Trading status
- In liquidation
- Category
- Hedge Fund
- Umbrella fund
- Hedge
- Manager
- Pardus Portföy Yönetimi A.Ş.
- Risk score
- 7 / 7
- Fund size
- TRY 1.1MNov 2, 2026
- Investors
- 525
- Units outstanding
- 3.4M
- Purchase / redemption value date
- T+1 / T+2
- Min. purchase (units)
- 1
- Trading hours
- 09:00 – 17:45
- ISIN
- TRYA1PY00149
- Inception date
- Mar 3, 2023
- Benchmark
- %80 BIST Sınai Getiri Endeksi + %20 BIST-KYD 1 Aylık Mevduat Endeksi (TL)
BST Return Comparison
| Comparison | 1M | 3M | 6M | YTD | 1Y |
|---|---|---|---|---|---|
| BST | −96.80% | −96.72% | −96.76% | −96.21% | −96.14% |
| Category average | 1.91% | 4.46% | 10.24% | 18.46% | 22.63% |
| BIST 100 | −11.29% | −19.10% | −24.61% | −3.34% | −0.78% |
| Category rank | 324 / 324 | 324 / 324 | 324 / 324 | 324 / 324 | 302 / 302 |
Returns are calculated from the last price published on TEFAS (November 2, 2026). The amount paid to investors in liquidation depends on the cash raised from selling the portfolio and may differ from these returns.
BST Fund Review and Performance Summary
BST returned −96.14% over the last year, ranking 302 of 302 funds in the Hedge Fund category. Over the same period: category average 22.63%, BIST 100 −0.78%.
Between November 3, 2025 and November 2, 2026 the unit price ranged from a low of TRY 0.307049 (October 9, 2026) to a high of TRY 10.732489 (August 20, 2026). The latest price is 96.94% below the high and 6.96% above the low.
The largest decline in the period was 97.14% (from the August 20, 2026 high to October 9, 2026). Annualized volatility based on daily price changes: 353.25%. The price rose on 138 of 250 trading days.
Monthly returns were positive in 5 of the last 12 months; best month January 2026 (13.11%), weakest month October 2026 (−96.75%).
Between November 3, 2025 and November 2, 2026 the number of investors fell 44.27%, from 942 to 525. Fund size fell from TRY 84.8M to TRY 1.1M over the same period.
Highest one-year returns in the category: BSM (88.67%), RBR (70.72%), GZM (67.43%).
BST monthly returns
| Month | Month-end price (TRY) | Monthly return |
|---|---|---|
| October 2026 | 0.331444 | −96.75% |
| September 2026 | 10.195494 | −4.71% |
| August 2026 | 10.699885 | 6.87% |
| July 2026 | 10.012130 | −1.25% |
| June 2026 | 10.138849 | −1.40% |
| May 2026 | 10.283273 | 1.41% |
| April 2026 | 10.140313 | 5.59% |
| March 2026 | 9.603193 | −1.85% |
| February 2026 | 9.784088 | −0.07% |
| January 2026 | 9.790588 | 13.11% |
| December 2025 | 8.655586 | 2.12% |
| November 2025 | 8.475729 | −0.10% |
This summary is calculated automatically from TEFAS price history and category data; it is not investment advice. Past performance does not indicate future returns.
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BST Asset Allocation
- Deposits (TL)100.00%
BST Largest Holdings
ALARKAlarko Holding11.39%−0.42%
GLRMKGulermak Agir Sanayi8.13%−0.18%
KCAERKocaer Çelik0.90%−0.05%
Net Flows
Investors
Similar Funds
| Fund | 1 month | YTD | 1 year |
|---|---|---|---|
 MTFMT Portföy Birinci İstatistiksel Arbitraj Hisse Senedi Serbest (TL) Fon | −6.58% | 5.10% | 10.07% |
 THTTrive Portföy Hisse Senedi Serbest Fon | −9.93% | −37.42% | −35.57% |
 RGHRe-Pie Portföy Mutlak Getiri Hedefli Hisse Senedi Serbest Fon | −29.73% | −19.29% | — |
 IHZAllbatross Portföy İkinci Hisse Senedi Serbest Fon | −16.00% | −38.60% | −35.54% |
| BRCRe-Pie Portföy Birinci İstatistiksel Arbitraj Hisse Senedi Serbest Fon | −20.46% | −4.39% | −0.67% |
Related Pages
About the BST Fund
SPK decided to liquidate BST in bulletin 2026/60 dated September 17, 2026; the liquidation list was updated by bulletin 2026/61. No buy or redemption orders are executed in the fund. Last price published on TEFAS (November 2, 2026): TRY 0.328408. Pardus Portföy Bankacılık Sektörü Dışı Şirketler Hisse Senedi Serbest (TL) Fon (Hisse Senedi Yoğun Fon) is a mutual fund in the Hedge Fund category founded by Pardus Portföy Yönetimi A.Ş. Fund size TRY 1.1M as of November 2, 2026, 525 investors.
Fon toplam değerinin en az %80'i devamlı olarak, menkul kıymet yatırım ortaklıkları payları hariç olmak üzere, yerli ihraççıların bankacılık sektörü dışında kalan ortaklık paylarına ve bu paylardan oluşan endeksleri takip etmek üzere kurulan yerli borsa yatırım fonları katılma paylarına yatırılır. Ayrıca, Fon'un hisse senedi yoğun fon olması nedeniyle Fon portföy değerinin en az %80'i devamlı olarak menkul kıymet yatırım ortaklıkları payları hariç olmak üzere BIST'te işlem gören (bankacılık sektöründe bulunmayanlar) ihraççı paylarına ve bu paylardan oluşan endeksleri 27/11/2013 tarihli ve 28834 sayılı Resmî Gazete'de yayımlanan Borsa Yatırım Fonlarına ilişkin Esaslar Tebliği (III-52.2)'nin 5. maddesinin dördüncü fıkrasının (a) bendi kapsamında takip etmek üzere kurulan borsa yatırım fonu katılma paylarına, ihraççı payları ile ihraççı payı endekslerine dayalı olarak yapılan vadeli işlem sözleşmelerinin nakit teminatlarına, ihraççı paylarına ve pay endekslerine dayalı opsiyon sözleşmelerinin primleri ile borsada işlem gören ihraççı paylarına ve pay endekslerine dayalı aracı kuruluş varantlarına yatırılır.
Last updated: Source: TEFAS
Frequently Asked Questions
Is the BST fund open to trading?
SPK decided to liquidate BST in bulletin 2026/60 dated September 17, 2026; the liquidation list was updated by bulletin 2026/61. No buy or redemption orders are executed in the fund. The last price published on TEFAS is TRY 0.328408 as of November 2, 2026.
When was the last price of BST published?
The last official unit price of BST is TRY 0.328408 as of November 2, 2026. Returns on this page are calculated from this price.
What does fund liquidation mean?
Liquidation means the assets in the fund portfolio are sold, the cash raised is transferred to investors in proportion to their units and the fund is wound up. Under SPK bulletin 2026/61, T.C. Ziraat Bankası A.Ş. carries out the liquidation of BST. The maximum liquidation period of 3 months set in 2026/61 was extended to 6 months by bulletin 2026/62; the period runs from the liquidation announcement date and the Board may extend it.
How much did BST return over the last year?
Based on the last price published on TEFAS (November 2, 2026), BST returned −96.14% over the last year, −96.21% year to date, −96.72% over 3 months and −96.80% over 1 month. Past performance does not indicate future returns.
What were the highest and lowest prices of BST over the last year?
Between November 3, 2025 and November 2, 2026 the unit price of BST ranged from a low of TRY 0.307049 (October 9, 2026) to a high of TRY 10.732489 (August 20, 2026). The latest price as of November 2, 2026 is TRY 0.328408.
What is the risk score of BST?
The CMB risk score of BST is 7 out of 7. The score reflects the historical volatility of the fund price; 1 is the lowest and 7 the highest risk.
What is the management fee of BST?
The annual management fee of BST is 1.00%; the purchase value date is T+1 and the redemption value date T+2. Fees are reflected in the fund price rather than charged separately.
What does BST invest in?
The portfolio of BST consists mainly of Deposits (TL) (100.00%). Fon toplam değerinin en az %80'i devamlı olarak, menkul kıymet yatırım ortaklıkları payları hariç olmak üzere, yerli ihraççıların bankacılık sektörü dışında kalan ortaklık paylarına ve bu paylardan oluşan endeksleri takip etmek üzere kurulan yerli borsa yatırım fonları katılma paylarına yatırılır. Ayrıca, Fon'un hisse senedi yoğun fon olması nedeniyle Fon portföy değerinin en az %80'i devamlı olarak menkul kıymet yatırım ortaklıkları payları hariç olmak üzere BIST'te işlem gören (bankacılık sektöründe bulunmayanlar) ihraççı paylarına ve bu paylardan oluşan endeksleri 27/11/2013 tarihli ve 28834 sayılı Resmî Gazete'de yayımlanan Borsa Yatırım Fonlarına ilişkin Esaslar Tebliği (III-52.2)'nin 5. maddesinin dördüncü fıkrasının (a) bendi kapsamında takip etmek üzere kurulan borsa yatırım fonu katılma paylarına, ihraççı payları ile ihraççı payı endekslerine dayalı olarak yapılan vadeli işlem sözleşmelerinin nakit teminatlarına, ihraççı paylarına ve pay endekslerine dayalı opsiyon sözleşmelerinin primleri ile borsada işlem gören ihraççı paylarına ve pay endekslerine dayalı aracı kuruluş varantlarına yatırılır.
What are the largest holdings of BST?
According to the 2026W39 portfolio report, the largest holdings of BST are ALARK (11.39%), GLRMK (8.13%), KCAER (0.90%). All holdings and their weight changes against the previous month are on the portfolio page.
Which other funds are in the same category as BST?
BST belongs to the Hedge Fund category. Compare the returns of all funds in the category on the category page and the overall ranking on the best funds page.