HomeMoney Market Funds › Return Comparison

Best-Performing Turkish Money Market Funds — September 2026

Cumulative 1-month, 3-month, 6-month and 1-year returns for every money market fund on TEFAS. Updated automatically each trading day, net of management fees.

8
Funds tracked
45.8%
Best 1Y return
16 September 2026
Data as of

Money market funds are the lowest-risk category on TEFAS, carrying a risk score of 1 under rules set by Turkey's Capital Markets Board (SPK). They hold treasury bills, government bond repo and short-dated bank instruments. Redemption settles the same day or the next business day, which is why they are the standard place to park lira cash rather than leaving it in a current account.

The table below compares cumulative returns across every money market fund traded on TEFAS. Returns are derived from the change in unit price and are already net of management fees. No withholding tax is deducted, as returns on these funds are exempt. Note that all figures are in Turkish lira and should be read against lira inflation, not against returns in a hard currency.

Rank by period: 1 Ay 3 Ay 6 Ay 1 Yıl 8 fon · Kaynak: TEFAS
# Fon 1 Ay 3 Ay 6 Ay 1 Yıl YTD Size Fee
1 CHL
QNB SAĞLIK HAYAT SİGORTA VE EMEKLİLİK A.Ş. PARA PİYASASI EMEKLİLİK YATIRIM FONU
+3.94% +10.58% +0.00% +0.00% +11.21% 658 Mn
TL
2 BPL
BNP PARİBAS CARDİF EMEKLİLİK A.Ş. BİRİNCİ PARA PİYASASI EMEKLİLİK YATIRIM FONU
+3.83% +10.39% +0.00% +0.00% +11.04% 3.53 Mr
TL
3 BRG
TEB PORTFÖY BURGAN BANK PARA PİYASASI (TL) FONU
+3.77% +10.28% +0.00% +0.00% +10.90% 2.04 Mr
TL
4 ICE
ICBC TURKEY PORTFÖY PARA PİYASASI (TL) FONU
ICBC TURKEY PORTFÖY YÖNETİMİ A.Ş.
+3.69% +10.89% +0.00% +0.00% +11.74% 1.71 Mr
TL
5 AZL
ALLIANZ HAYAT VE EMEKLİLİK A.Ş. PARA PİYASASI EMEKLİLİK YATIRIM FONU
+3.61% +10.52% +0.00% +0.00% +11.14% 98.05 Mr
TL
6 ANL
AK PORTFÖY ALTERNATİF BANK PARA PİYASASI (TL)FONU
+3.46% +10.25% +0.00% +0.00% +10.86% 765 Mn
TL
7 ALE
AK PORTFÖY PARA PİYASASI (TL) FONU
+3.07% +10.04% +21.29% +45.78% +10.79% 95.20 Mr
TL
8 ANK
VİENNALİFE EMEKLİLİK VE HAYAT A.Ş. PARA PİYASASI EMEKLİLİK YATIRIM FONU
+2.12% +8.98% +0.00% +0.00% +9.57% 92 Mn
TL

How to Read This Table

Related comparisons

Money market funds vs bank deposits → All money market funds →
Disclaimer: Everything on this page is published for information only. It is not investment advice, a recommendation to buy or sell, or a portfolio management service. Past returns are no guarantee of future results. Consult a licensed investment adviser before making any investment decision. Note that buying TEFAS funds generally requires a Turkish tax number and an account with a Turkish bank or broker. Data source: TEFAS (tefas.gov.tr) — Takasbank.