Silver Funds
As of November 2, 2026, 16 silver funds: 13 mutual funds and 3 pension funds, sorted by the selected period’s return.
Last updated: Source: TEFAS
- Funds
- 16
- 13 mutual · 3 pension
- Total size (TRY)
- 73.8B
- 518,913 investor holdings across funds
- Median return · YTD
- −23.66%
- ▲ 16.90%1 year
- Best fund · YTD
- KGC
- ▼ −17.84%Katılım Emeklilik ve Hayat A.Ş. Gümüş Katılım Emeklilik Yatırım Fonu
Silver Funds
 KGCKatılım Emeklilik ve Hayat A.Ş. Gümüş Katılım Emeklilik Yatırım Fonu | Shariah-compliant Fund | Katılım Emeklilik ve Hayat A.Ş. | 0.013432 | −4.78% | −6.23% | −13.96% | −17.84% | 24.14% | 35,297 | 6 |
 GMFAnadolu Hayat Emeklilik A.Ş. Gümüş Fon Sepeti Emeklilik Yatırım Fonu | Fund of Funds | Anadolu Hayat Emeklilik A.Ş. | 0.019276 | −5.88% | −5.55% | −13.08% | −19.35% | 20.95% | 167,985 | 6 |
 DMGDeniz Portföy Gümüş Fon Sepeti Fonu | Fund of Funds | Deniz Portföy Yönetimi A.Ş. | 5.533898 | −6.21% | −6.40% | −15.23% | −21.45% | 19.91% | 13,564 | 7 |
 FMGQNB Portföy Gümüş Serbest Fon | Hedge Fund | QNB Finans Portföy Yönetimi A.Ş. | 2.737089 | −5.86% | −8.59% | −14.27% | −21.75% | 20.57% | 9,142 | 6 |
 KGMKuveyt Türk Portföy Gümüş Katılım Fon Sepeti Fonu | Fund of Funds | Kuveyt Türk Portföy Yönetimi A.Ş. | 2.372477 | −6.89% | −6.64% | −15.75% | −22.21% | 18.82% | 27,630 | 6 |
 MJGAktif Portföy Gümüş Fon Sepeti Fonu | Fund of Funds | Aktif Portföy Yönetimi A.Ş. | 8.910139 | −6.94% | −6.11% | −14.86% | −22.63% | 17.70% | 6,038 | 7 |
 GGJGaranti Emeklilik ve Hayat A.Ş. Gümüş Fon Sepeti Emeklilik Yatırım Fonu | Fund of Funds | Garanti Emeklilik ve Hayat A.Ş. | 0.011364 | −4.86% | −5.56% | −14.70% | −22.69% | 15.64% | 52,147 | 7 |
 IOGİş Portföy Gümüş Serbest Fon | Hedge Fund | İş Portföy Yönetimi A.Ş. | 11.293433 | −6.51% | −5.94% | −14.43% | −23.17% | 17.65% | 16,669 | 7 |
 FPGFiba Portföy Gümüş Serbest Fon | Hedge Fund | Fiba Portföy Yönetimi A.Ş. | 1.764509 | −7.23% | −8.45% | −16.12% | −24.16% | 15.17% | 1,782 | 7 |
 GUMAk Portföy Gümüş Fon Sepeti Fonu | Fund of Funds | Ak Portföy Yönetimi A.Ş. | 10.017973 | −6.92% | −7.30% | −15.68% | −24.50% | 16.15% | 48,574 | 7 |
| GMIAk Portföy Gümüş Serbest Fon | Hedge Fund | Ak Portföy Yönetimi A.Ş. | 1.119341 | −5.51% | −9.89% | −14.44% | −24.84% | 11.88% | 4,645 | 7 |
 GTZGaranti Portföy Gümüş Fon Sepeti Fonu | Fund of Funds | Garanti Portföy Yönetimi A.Ş. | 9.361375 | −7.38% | −6.78% | −16.19% | −24.88% | 15.14% | 56,355 | 7 |
 YZGYapı Kredi Portföy Gümüş Fon Sepeti Fonu | Fund of Funds | Yapı Kredi Portföy Yönetimi A.Ş. | 10.409830 | −7.35% | −7.19% | −16.14% | −25.74% | 15.64% | 54,745 | 7 |
| GUFİş Portföy Gümüş Fon Sepeti Fonu | — | İş Portföy Yönetimi A.Ş. | 0.739066 | −7.31% | −6.46% | −14.56% | −25.80% | — | 3,749 | 7 |
| GUKGaranti Portföy Gümüş Katılım Serbest Fon | Hedge Fund | Garanti Portföy Yönetimi A.Ş. | 1.136152 | −7.20% | −6.63% | −15.20% | −25.86% | — | 2,292 | 7 |
 GMCTEB Portföy Gümüş Fon Sepeti Fonu | Fund of Funds | TEB Portföy Yönetimi A.Ş. | 6.122758 | −7.31% | −6.98% | −16.57% | −27.34% | 14.06% | 18,299 | 7 |
Other Thematic Funds
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About This Page
As of November 2, 2026, 16 silver funds are trading with a total size of TRY 73.8B; their per-fund investor counts add up to 518,913 (one person can be counted in several funds). Their median return is −15.03% over 1 month, −23.66% year to date and 16.90% over 1 year.
Best year to date: KGC (−17.84%), GMF (−19.35%), DMG (−21.45%).
Weakest year to date: GMC (−27.34%), GUK (−25.86%), GUF (−25.80%).
Last updated: Source: TEFAS
Frequently Asked Questions
Which silver funds are there?
As of November 2, 2026 there are 16 silver funds: 13 mutual funds and 3 pension funds. The three largest are GMF, FMG, GTZ.
Which silver funds gained the most?
Year to date the highest return came from KGC (Katılım Emeklilik ve Hayat A.Ş. Gümüş Katılım Emeklilik Yatırım Fonu): −17.84%. Over 1 year the best was KGC: 24.14%. Past returns do not predict future returns.
Which funds are included in this list?
Funds with “silver” (gümüş) in their name, plus funds that hold at least half of their portfolio in silver exchange-traded funds. Only trading funds are included; funds closed to trading or in liquidation are left out.
How do I buy silver funds?
Mutual funds are bought and sold by fund code through a bank or brokerage account. Pension funds can only be chosen by changing the fund allocation of a private pension contract.