TEFASRisk 1/7Price Oct 1, 2026
Tera Portföy Para Piyasası Katılım (TL) Fonu TLV
- Fund size (Oct 1, 2026)
- TRY 3.6B
- Investors
- 12,177
- 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 (October 1, 2026). SPK bulletin 2026/60 · List of funds in liquidation
At a Glance: TLV Fund
- The TLV 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 TLV fund was TRY 1.397008 (October 1, 2026); no buy or redemption orders are executed.
- The TLV fund returned 1.10% over 1 month and 33.24% year to date.
- The TLV fund has total assets of TRY 3.6B and 12,177 investors.
- The TLV fund is in the Shariah-compliant Fund category, with a CMB (SPK) risk score of 1 out of 7.
- The TLV fund was established by Tera Portföy Yönetimi A.Ş.
What is the TLV fund?
TLV is the fund code of Tera Portföy Para Piyasası Katılım (TL) Fonu. It was established by Tera Portföy Yönetimi A.Ş. The TLV fund is in the Shariah-compliant Fund category, with a CMB (SPK) risk score of 1 out of 7. The fund is in liquidation by Capital Markets Board (SPK) decision.
What is the TLV fund price and return?
The last official price of the TLV fund was TRY 1.397008 (October 1, 2026). It returned 1.10% over 1 month and 33.24% year to date.
Is the TLV fund being liquidated?
Yes. The TLV 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.
TLV Fund Price Chart
Key Data
- Price
- 1.397008Oct 1, 2026
- Daily change
- −0.08%
- Trading status
- In liquidation
- Category
- Shariah-compliant Fund
- Umbrella fund
- Participation
- Manager
- Tera Portföy Yönetimi A.Ş.
- Risk score
- 1 / 7
- Fund size
- TRY 3.6BOct 1, 2026
- Investors
- 12,177
- Units outstanding
- 2.6B
- Purchase / redemption value date
- T+0 / T+0
- Min. purchase (units)
- 1
- Trading hours
- 09:00 – 13:30
- ISIN
- TRYTRPY00181
- Inception date
- Nov 21, 2025
- Benchmark
- Fonun karşılaştırma ölçütü, %100 BIST-KYD 1 Aylık Kar Payı TL Endeksi'dir.
TLV Return Comparison
| Comparison | 1M | 3M | 6M | YTD | 1Y |
|---|---|---|---|---|---|
| TLV | 1.10% | 8.16% | 20.41% | 33.24% | — |
| Category average | −2.64% | 3.73% | 11.07% | 26.58% | 34.27% |
| BIST 100 | −11.29% | −19.10% | −24.61% | −3.34% | −0.78% |
| Category rank | 33 / 73 | 25 / 73 | 16 / 73 | 25 / 73 | — |
Returns are calculated from the last price published on TEFAS (October 1, 2026). The amount paid to investors in liquidation depends on the cash raised from selling the portfolio and may differ from these returns.
TLV Fund Review and Performance Summary
TLV returned 33.24% year to date, ranking 25 of 73 funds in the Shariah-compliant Fund category. Over the same period: category average 26.58%, BIST 100 −3.34%.
Between November 24, 2025 and October 1, 2026 the unit price ranged from a low of TRY 1.004263 (November 24, 2025) to a high of TRY 1.403881 (September 16, 2026). The latest price is 0.49% below the high and 39.11% above the low.
The largest decline in the period was 0.65% (from the September 16, 2026 high to September 17, 2026). Annualized volatility based on daily price changes: 1.89%. The price rose on 206 of 210 trading days.
Monthly returns were positive in 10 of the last 10 months; best month April 2026 (4.11%), weakest month September 2026 (1.22%).
Between November 24, 2025 and October 1, 2026 the number of investors rose 48,608.00%, from 25 to 12,177. Fund size grew from TRY 11.3M to TRY 3.6B over the same period.
Highest one-year returns in the category: CPU (57.75%), KNJ (56.01%), BTK (53.08%).
TLV monthly returns
| Month | Month-end price (TRY) | Monthly return |
|---|---|---|
| September 2026 | 1.397008 | 1.22% |
| August 2026 | 1.380132 | 3.52% |
| July 2026 | 1.333172 | 3.33% |
| June 2026 | 1.290184 | 3.82% |
| May 2026 | 1.242682 | 2.88% |
| April 2026 | 1.207940 | 4.11% |
| March 2026 | 1.160203 | 3.60% |
| February 2026 | 1.119840 | 2.87% |
| January 2026 | 1.088548 | 3.82% |
| December 2025 | 1.048508 | 3.84% |
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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TLV Asset Allocation
- Private Sector Lease Certificates69.60%
- Public Rental Certificates (TL)30.40%
TLV Largest Holdings
Net Flows
Investors
Similar Funds
| Fund | 1 month | YTD | 1 year |
|---|---|---|---|
 KSKAzimut Portföy İkinci Para Piyasası Katılım Fonu | 2.99% | 37.23% | 45.53% |
 GOLGaranti Portföy Altın Katılım Fonu | −3.52% | 1.26% | 11.68% |
 IATİş Portföy Kira Sertifikaları Katılım (TL) Fonu | 2.83% | 31.08% | 38.59% |
 KCVKuveyt Türk Portföy Çoklu Varlık Katılım Fonu | −2.87% | 31.67% | 40.95% |
 ZPGZiraat Portföy Kira Sertifikaları (Sukuk) Katılım Fonu | 2.95% | 33.02% | 40.82% |
Related Pages
About the TLV Fund
SPK decided to liquidate TLV 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 1, 2026): TRY 1.397008. Tera Portföy Para Piyasası Katılım (TL) Fonu is a mutual fund in the Shariah-compliant Fund category founded by Tera Portföy Yönetimi A.Ş. Fund size TRY 3.6B as of October 1, 2026, 12,177 investors.
Fon'un yatırım stratejisi; birikimlerini gerektiği anda nakde çevirmek isteyen yatırımcılara, faizsiz/katılım finans ilkelerine uygun şekilde kısa vadede istikrarlı getiri sağlayan sermaye piyasası araçlarına yatırım yapmaktır. - Fon toplam değerinin tamamı devamlı olarak vadesine en fazla 184 gün kalmış, likiditesi yüksek, faize dayalı olmayan para ve sermaye piyasası araçlarına yatırılır. Fon portföyünün günlük olarak hesaplanan ağırlıklı ortalama vadesi 45 günü aşamaz. Fon portföyüne vadeye kalan gün sayısı hesaplanamayan varlıklar dâhil edilemez. Fon portföyüne sadece Türk Lirası (TL) cinsi varlıklar ve işlemler dâhil edilir.
Last updated: Source: TEFAS
Frequently Asked Questions
Is the TLV fund open to trading?
SPK decided to liquidate TLV 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 1.397008 as of October 1, 2026.
When was the last price of TLV published?
The last official unit price of TLV is TRY 1.397008 as of October 1, 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. İş Bankası A.Ş. carries out the liquidation of TLV. 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 TLV over the last year?
Between November 24, 2025 and October 1, 2026 the unit price of TLV ranged from a low of TRY 1.004263 (November 24, 2025) to a high of TRY 1.403881 (September 16, 2026). The latest price as of October 1, 2026 is TRY 1.397008.
What is the risk score of TLV?
The CMB risk score of TLV is 1 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 TLV?
The annual management fee of TLV is 1.00%; 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 TLV invest in?
The portfolio of TLV consists mainly of Private Sector Lease Certificates (69.60%), Public Rental Certificates (TL) (30.40%). Fon'un yatırım stratejisi; birikimlerini gerektiği anda nakde çevirmek isteyen yatırımcılara, faizsiz/katılım finans ilkelerine uygun şekilde kısa vadede istikrarlı getiri sağlayan sermaye piyasası araçlarına yatırım yapmaktır. - Fon toplam değerinin tamamı devamlı olarak vadesine en fazla 184 gün kalmış, likiditesi yüksek, faize dayalı olmayan para ve sermaye piyasası araçlarına yatırılır. Fon portföyünün günlük olarak hesaplanan ağırlıklı ortalama vadesi 45 günü aşamaz. Fon portföyüne vadeye kalan gün sayısı hesaplanamayan varlıklar dâhil edilemez. Fon portföyüne sadece Türk Lirası (TL) cinsi varlıklar ve işlemler dâhil edilir.
Which other funds are in the same category as TLV?
TLV belongs to the Shariah-compliant Fund category. Compare the returns of all funds in the category on the category page and the overall ranking on the best funds page.