TEFASRisk 7/7Price Oct 16, 2026
Pardus Portföy Üçüncü Hisse Senedi Serbest Fon (Hisse Senedi Yoğun Fon) CSH
- Fund size (Oct 16, 2026)
- TRY 553.6M
- Investors
- 54
- Management fee (annual)
- 0.90%
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 (October 16, 2026). SPK bulletin 2026/60 · List of funds in liquidation
At a Glance: CSH Fund
- The CSH 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 CSH fund was TRY 0.349896 (October 16, 2026); no buy or redemption orders are executed.
- The CSH fund returned −82.97% year to date.
- The CSH fund has total assets of TRY 553.6M and 54 investors.
- The CSH fund is in the Hedge Fund category, with a CMB (SPK) risk score of 7 out of 7.
- The CSH fund was established by Pardus Portföy Yönetimi A.Ş.
What is the CSH fund?
CSH is the fund code of Pardus Portföy Üçüncü Hisse Senedi Serbest Fon. It was established by Pardus Portföy Yönetimi A.Ş. The CSH 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 CSH fund price and return?
The last official price of the CSH fund was TRY 0.349896 (October 16, 2026). It returned −82.97% year to date.
Is the CSH fund being liquidated?
Yes. The CSH 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.
CSH Fund Price Chart
Key Data
- Price
- 0.349896Oct 16, 2026
- Daily change
- −4.29%
- Trading status
- In liquidation
- Category
- Hedge Fund
- Umbrella fund
- Hedge
- Manager
- Pardus Portföy Yönetimi A.Ş.
- Risk score
- 7 / 7
- Fund size
- TRY 553.6MOct 16, 2026
- Investors
- 54
- Units outstanding
- 1.6B
- ISIN
- TRYA1PY00131
- Inception date
- Mar 3, 2023
- Benchmark
- %80 BIST 100 Getiri Endeksi + %20 BIST-KYD 1 Aylık Mevduat Endeksi (TL)
CSH Return Comparison
| Comparison | 1M | 3M | 6M | YTD | 1Y |
|---|---|---|---|---|---|
| CSH | — | — | — | −82.97% | — |
| Category average | 1.91% | 4.46% | 10.24% | 18.46% | 22.63% |
| BIST 100 | −11.29% | −19.10% | −24.61% | −3.34% | −0.78% |
Returns are calculated from the last price published on TEFAS (October 16, 2026). The amount paid to investors in liquidation depends on the cash raised from selling the portfolio and may differ from these returns.
CSH Fund Review and Performance Summary
Between October 16, 2025 and October 16, 2026 the unit price ranged from a low of TRY 0.349896 (October 16, 2026) to a high of TRY 19.316841 (November 5, 2025). The latest price is at the low of the period.
The largest decline in the period was 98.19% (from the November 5, 2025 high to October 16, 2026). Annualized volatility based on daily price changes: 102.33%. The price rose on 126 of 251 trading days.
Monthly returns were positive in 5 of the last 12 months; best month February 2026 (36.52%), weakest month November 2025 (−81.61%).
Between October 16, 2025 and October 16, 2026 the number of investors fell 10.00%, from 60 to 54. Fund size fell from TRY 1.9B to TRY 553.6M over the same period.
Highest one-year returns in the category: BSM (88.67%), RBR (70.72%), GZM (67.43%).
CSH monthly returns
| Month | Month-end price (TRY) | Monthly return |
|---|---|---|
| September 2026 | 0.878971 | −81.02% |
| August 2026 | 4.631363 | −14.39% |
| July 2026 | 5.410004 | 18.93% |
| June 2026 | 4.548982 | 21.27% |
| May 2026 | 3.751204 | −0.65% |
| April 2026 | 3.775817 | 26.64% |
| March 2026 | 2.981548 | 24.01% |
| February 2026 | 2.404227 | 36.52% |
| January 2026 | 1.761055 | −14.28% |
| December 2025 | 2.054501 | −34.10% |
| November 2025 | 3.117750 | −81.61% |
| October 2025 | 16.950413 | −7.26% |
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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CSH Asset Allocation
- Deposits (TL)100.00%
CSH Largest Holdings
ODINEOdine Teknoloji45.04%
MAGENMargun Enerji21.28%
KUYASKuyas Yatirim19.02%
PEKGYPeker GMYO5.75%
Net Flows
Investors
Similar Funds
| Fund | 1 month | YTD | 1 year |
|---|---|---|---|
 GZMGlobal MD Portföy Duru Serbest Fon | 4.21% | 77.55% | 67.43% |
 IRBİstanbul Portföy İstatistiksel Arbitraj Hisse Senedi Serbest Fon | 2.79% | 39.94% | — |
 YUIYapı Kredi Portföy Beykoz Serbest Fon | −5.68% | 10.55% | 15.84% |
 VPSVega Portföy Salur Hisse Senedi Serbest (TL) Fon | −9.68% | −34.55% | — |
 RPXRota Portföy Üçüncü Serbest (Döviz) Fon | 1.47% | 18.46% | 21.99% |
Related Pages
About the CSH Fund
SPK decided to liquidate CSH 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 (October 16, 2026): TRY 0.349896. Pardus Portföy Üçüncü Hisse Senedi Serbest Fon (Hisse Senedi Yoğun Fon) is a mutual fund in the Hedge Fund category founded by Pardus Portföy Yönetimi A.Ş. Fund size TRY 553.6M as of October 16, 2026, 54 investors.
Fon toplam değerinin en az %80'i devamlı olarak, menkul kıymet yatırım ortaklıkları payları hariç olmak üzere, yerli ihraççıların 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 ihraççı payları, ihraççı paylarına ve ihraççı payı endekslerine dayalı olarak yapılan vadeli işlem sözleşmelerinin nakit teminatları, ihraççı paylarına ve ihraççı payına dayalı opsiyon sözleşmelerinin primleri, borsada işlem gören ihraççı paylarına ve ihraççı payına dayalı aracı kuruluş varantları ile ihraççı paylarından oluşan endeksleri 27/11/2013 tarihli ve 28834 sayılı Resmi Gazete'de yayımlanan Borsa Yatırım Fonlarına İlişkin Esaslar Tebliği (III-52.2)'nin 5. maddesinin dördüncü fıkrasının (a) bendi kapsamında takip etmek üzere kurulan borsa yatırım fonları katılma paylarına yatırılır.
Last updated: Source: TEFAS
Frequently Asked Questions
Is the CSH fund open to trading?
SPK decided to liquidate CSH 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 0.349896 as of October 16, 2026.
When was the last price of CSH published?
The last official unit price of CSH is TRY 0.349896 as of October 16, 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 CSH. 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.
What were the highest and lowest prices of CSH over the last year?
Between October 16, 2025 and October 16, 2026 the unit price of CSH ranged from a low of TRY 0.349896 (October 16, 2026) to a high of TRY 19.316841 (November 5, 2025). The latest price as of October 16, 2026 is TRY 0.349896.
What is the risk score of CSH?
The CMB risk score of CSH 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 does CSH invest in?
The portfolio of CSH 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 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 ihraççı payları, ihraççı paylarına ve ihraççı payı endekslerine dayalı olarak yapılan vadeli işlem sözleşmelerinin nakit teminatları, ihraççı paylarına ve ihraççı payına dayalı opsiyon sözleşmelerinin primleri, borsada işlem gören ihraççı paylarına ve ihraççı payına dayalı aracı kuruluş varantları ile ihraççı paylarından oluşan endeksleri 27/11/2013 tarihli ve 28834 sayılı Resmi Gazete'de yayımlanan Borsa Yatırım Fonlarına İlişkin Esaslar Tebliği (III-52.2)'nin 5. maddesinin dördüncü fıkrasının (a) bendi kapsamında takip etmek üzere kurulan borsa yatırım fonları katılma paylarına yatırılır.
What are the largest holdings of CSH?
According to the February 2026 portfolio report, the largest holdings of CSH are ODINE (45.04%), MAGEN (21.28%), KUYAS (19.02%), PEKGY (5.75%). All holdings and their weight changes against the previous month are on the portfolio page.
Which other funds are in the same category as CSH?
CSH 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.