TEFASRisk 2/7Price Nov 2, 2026
Garanti Portföy İkinci Para Piyasası Serbest (TL) Fon PIP
- Fund size
- TRY 5.1B
- Investors
- 387
- Management fee (annual)
- 0.70%
At a Glance: PIP Fund
- According to Yatırımcı.AI data, the PIP fund price was TRY 1.809078 as of November 2, 2026, a daily change of 0.29%.
- The PIP fund returned 3.06% over 1 month, 37.20% year to date and 45.67% over 1 year.
- The PIP fund has total assets of TRY 5.1B and 387 investors.
- The PIP fund is in the Hedge Fund category, with a CMB (SPK) risk score of 2 out of 7.
- The PIP fund was established by Garanti Portföy Yönetimi A.Ş.
What is the PIP fund?
PIP is the fund code of Garanti Portföy İkinci Para Piyasası Serbest (TL) Fon. It was established by Garanti Portföy Yönetimi A.Ş. The PIP fund is in the Hedge Fund category, with a CMB (SPK) risk score of 2 out of 7.
What is the PIP fund price and return?
The PIP fund price was TRY 1.809078 as of November 2, 2026. It returned 3.06% over 1 month, 37.20% year to date and 45.67% over 1 year.
PIP Fund Price Chart
Key Data
- Price
- 1.809078Nov 2, 2026
- Daily change
- 0.29%
- Trading status
- Open to trading
- Category
- Hedge Fund
- Umbrella fund
- Hedge
- Risk score
- 2 / 7
- Fund size
- TRY 5.1B
- Investors
- 387
- Units outstanding
- 2.8B
- Purchase / redemption value date
- T+0 / T+0
- Min. purchase (units)
- 1
- Trading hours
- 09:00 – 13:30
- ISIN
- TRYGAPO01506
- Inception date
- May 5, 2025
- Benchmark
- %100 BIST-KYD Repo (Brüt) Endeksi
PIP Return Comparison
| Comparison | 1M | 3M | 6M | YTD | 1Y |
|---|---|---|---|---|---|
| PIP | 3.06% | 9.53% | 21.24% | 37.20% | 45.67% |
| Category average | 1.91% | 4.46% | 10.24% | 18.46% | 22.63% |
| BIST 100 | −11.24% | −19.07% | −24.58% | −3.29% | −0.73% |
| Category rank | 40 / 323 | 50 / 323 | 43 / 323 | 41 / 323 | 38 / 301 |
PIP Fund Review and Performance Summary
PIP returned 45.67% over the last year, ranking 38 of 301 funds in the Hedge Fund category. Over the same period: category average 22.63%, BIST 100 −0.73%.
Between November 3, 2025 and November 2, 2026 the unit price ranged from a low of TRY 1.241928 (November 3, 2025) to a high of TRY 1.809078 (November 2, 2026). The latest price is at the high of the period.
Annualized volatility based on daily price changes: 1.45%. The price rose on 250 of 250 trading days.
Monthly returns were positive in 12 of the last 12 months; best month June 2026 (3.81%), weakest month February 2026 (2.79%).
Between November 3, 2025 and November 2, 2026 the number of investors rose 40.73%, from 275 to 387. Fund size grew from TRY 2.8B to TRY 5.1B over the same period.
Highest one-year returns in the category: BSM (88.67%), RBR (70.72%), GZM (67.43%).
PIP monthly returns
| Month | Month-end price (TRY) | Monthly return |
|---|---|---|
| October 2026 | 1.803934 | 2.97% |
| September 2026 | 1.751838 | 3.00% |
| August 2026 | 1.700791 | 3.30% |
| July 2026 | 1.646392 | 3.37% |
| June 2026 | 1.592774 | 3.81% |
| May 2026 | 1.534247 | 2.82% |
| April 2026 | 1.492117 | 3.26% |
| March 2026 | 1.445047 | 3.46% |
| February 2026 | 1.396707 | 2.79% |
| January 2026 | 1.358805 | 3.05% |
| December 2025 | 1.318577 | 3.43% |
| November 2025 | 1.274866 | 2.98% |
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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PIP Asset Allocation
- Switched-Repo100.00%
PIP Largest Holdings
Net Flows
Investors
Similar Funds
| Fund | 1 month | YTD | 1 year |
|---|---|---|---|
 CKSİş Portföy Birinci Katılım Serbest (Döviz) Fon | 2.61% | 18.32% | 22.60% |
 ZPAZiraat Portföy Serbest (Döviz) Fon | 2.11% | 19.59% | 23.75% |
| EUNGaranti Portföy İkinci Serbest (Döviz-Avro) Fon | 2.19% | 12.23% | 18.26% |
 DVSDeniz Portföy Kısa Vadeli Serbest (TL) Fon | 3.09% | 36.61% | 45.30% |
 EBSEmaa Blue Portföy Birinci Serbest (Döviz-Abd Doları) Fon | 2.82% | 18.91% | 23.27% |
Related Pages
About the PIP Fund
Garanti Portföy İkinci Para Piyasası Serbest (TL) Fon (PIP) is a mutual fund in the Hedge Fund category managed by Garanti Portföy Yönetimi A.Ş. Its price on November 2, 2026 is TRY 1.809078; the daily return is 0.29%, year-to-date 37.20% and 1-year 45.67%. Fund size TRY 5.1B, 387 investors, risk score 2/7.
1. Kurucu, fonun katılma payı sahiplerinin haklarını koruyacak şekilde temsili, yönetimi, yönetiminin denetlenmesi ile faaliyetlerinin içtüzük ve izahname hükümlerine uygun olarak yürütülmesinden sorumludur. Kurucu fona ait varlıklar üzerinde kendi adına ve fon hesabına mevzuat ve içtüzüğe uygun olarak tasarrufta bulunmaya ve bundan doğan hakları kullanmaya yetkilidir. Fonun faaliyetlerinin yürütülmesi esnasında portföy yöneticiliği hizmeti de dahil olmak üzere dışarıdan hizmet alınması, Kurucunun sorumluluğunu ortadan kaldırmaz.
Last updated: Source: TEFAS
Frequently Asked Questions
When is the PIP fund price published?
The official unit price of PIP is calculated by the founder after each session close and is usually published on TEFAS the next business morning; the latest official price on this page is dated November 2, 2026. Until the price is published, see the live estimate section for an intraday estimate.
What is the PIP fund price today?
The unit price of PIP on November 2, 2026 is TRY 1.809078, a daily return of 0.29%. Fund prices are published after each business day; see the live estimate page for an intraday estimate.
How much did PIP return over the last year?
PIP returned 45.67% over the last year, 37.20% year to date, 9.53% over 3 months and 3.06% over 1 month. Past performance does not indicate future returns.
What were the highest and lowest prices of PIP over the last year?
Between November 3, 2025 and November 2, 2026 the unit price of PIP ranged from a low of TRY 1.241928 (November 3, 2025) to a high of TRY 1.809078 (November 2, 2026). The latest price as of November 2, 2026 is TRY 1.809078.
What is the risk score of PIP?
The CMB risk score of PIP is 2 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 PIP?
The annual management fee of PIP is 0.70%; the purchase value date is T+0 and the redemption value date T+0. Fees are reflected in the fund price rather than charged separately.
What does PIP invest in?
The portfolio of PIP consists mainly of Switched-Repo (100.00%). 1. Kurucu, fonun katılma payı sahiplerinin haklarını koruyacak şekilde temsili, yönetimi, yönetiminin denetlenmesi ile faaliyetlerinin içtüzük ve izahname hükümlerine uygun olarak yürütülmesinden sorumludur. Kurucu fona ait varlıklar üzerinde kendi adına ve fon hesabına mevzuat ve içtüzüğe uygun olarak tasarrufta bulunmaya ve bundan doğan hakları kullanmaya yetkilidir. Fonun faaliyetlerinin yürütülmesi esnasında portföy yöneticiliği hizmeti de dahil olmak üzere dışarıdan hizmet alınması, Kurucunun sorumluluğunu ortadan kaldırmaz.
Which other funds are in the same category as PIP?
PIP 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.