July 2026 Fund Portfolio Surge and Top‑Performing Equity Funds

July 2026 saw fund managers ride a performance surge that reshaped investors' risk appetite.

Portfolio Expansion: A New Momentum in Equity Funds

■Ahlatcı Portfolio Equity (TL) Fund (LTL): Portfolio grew 2,991.01%, reaching TL 1.68 trillion.

■Pardus Portfolio Second Equity (TL) Fund (KHA): Delivered the highest return with 13.29% gain.

■Thematic funds such as Garanti Portfolio Exporter Companies Equity Fund and MT Portfolio BIST IPO Companies Equity Fund ranked high thanks to sector‑focused strategies.

Performance Leaders: Highest Returns

■Ahlatcı Portfolio Equity (TL) Fund (LTL): Provided investors with a 11.05% net return.

■Pardus Portfolio Second Equity (TL) Fund (KHA): Posted the top 13.29% increase.

■Istanbul Portfolio Foreign Equity Fund: Stood out as the sole fund attracting investors to overseas stocks.

Strategic Themes and Sector Focus

■Exporter Companies: Garanti Portfolio benefitted from rising foreign demand, channeling strong capital inflows.

■IPO Companies: MT Portfolio leveraged liquidity from new listings.

■BIST‑30 Excluded Companies: Atlas Portfolio targeted growth potential outside the large‑cap index.

■Participation‑Based Equities: MT Portfolio Participation Equity (TL) Fund adhered to Islamic finance principles.

Investor Behaviour and Market Signals

■The 2,991.01% portfolio surge signals a sharp shift toward equity funds.

■Positive returns amplified the appeal of thematic and foreign‑focused funds, bolstering market liquidity.

■Fund managers are tightening diversification tactics to mitigate heightened volatility.

Kerem Tufan – Director of Commercial Loans & Central Bank Policies: “The massive inflow into funds, despite the contraction in SME credit demand, indicates that capital markets are offering investors an alternative safe haven. Export‑oriented and IPO‑focused thematic funds act as a buffer against currency swings. Under the Central Bank’s tight monetary stance, monitoring liquidity management and risk pricing is crucial; otherwise, excessive fund volatility could intensify pressure on the credit market.”