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VEL TÜRKİYE HAYAT VE EMEKLİLİK A.Ş. PARA PİYASASI EMEKLİLİK YATIRIM FONU Türkiye Hayat ve Emeklilik

Para Piyasası
 
 
 
+3.18% past month
Summary

VEL primarily holds ters repo. Over the past year it returned 48.2%; 12.2% above official inflation. With an annual 0.91% management fee, it trades in the Para Piyasası Fonu category. Launched in 2003, it manages 39.0B ₺ in assets across 422,204 investors. (Average position: ~92.4K ₺)

NOMINAL RETURN · 1Y
+48.2%
CPI 32.1%
USD 16.8%

Real +12.2% (after inflation), compared with TÜİK-CPI (32.1%).

Fund Size
39.0B ₺
Total portfolio value
Net Flow
+11.1B ₺
1-year net in/out
Management Fee
0.91%
Charged from the fund whether you gain or lose.
Max Expense Ratio
1.09%
Annual cap for all expenses.
Withholding
%5–15
Varies by exit condition.
Withholding — By Exit Condition
  • 10 yıldan az kalıp ayrılma %15
  • 10 yıl+, emeklilik hakkı kazanmadan ayrılma %10
  • Emeklilik, vefat veya maluliyet nedeniyle ayrılma %5
Charged on the gain, upon exit from the system.
Ters Repo31.5%DT31.3%Mevduat (TL)22.2%
  • Ters Repo 31.5%
  • Devlet Tahvili 31.3%
  • Mevduat (TL) 22.2%
  • Finansman Bonosu 4.69%
  • Takasbank Para Piyasası 4.14%
  • Varlığa Dayalı Menkul Kıymet 3.84%
  • Diğer 2.34%
Purchasing Power
₺ TÜFE
Period
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Nominal Return · —
—
Unit-share return for the selected period. Pick a benchmark on the chart for purchasing power.
Return
1 Month +3.18%
3 Months +10.1%
6 Months +21.0%
YTD +24.0%
1 Year +48.2%
3 Years +256%
5 Years +416%
Holdings
  • Ters Repo 31.5%
  • Devlet Tahvili 31.3%
  • Mevduat (TL) 22.2%

🎯 Declared Strategy

Comparison benchmark: %50 BIST-KYD REPO (BRUT) + %25 BIST-KYD DIBS 91 GUN + %20 BIST-KYD 1 AYLIK MEVDUAT TL + %5 BIST-KYD ÖSBA SABİT T1 ENDEKSİ
Investment objective / strategy

Fonun yatırım stratejisi; Fon devamlı olarak portföyünde vadesine en fazla 184 gün kalmış likiditesi yüksek para ve sermaye piyasası araçları yer alan ve portföyünün ağırlıklı ortalama vadesi en fazla 60 gün olan fondur. Fon, izahnamenin 2.4. maddesindeki tabloda yer alan para ve sermaye piyasası araçlarına belirlenen sınırlar çerçevesinde yatırım yapmaktadır.

📋 Profile

ISIN code TRYVFEM00041
Founder TÜRKİYE HAYAT VE EMEKLİLİK A.Ş.
Portfolio manager firm ZİRAAT PORTFÖY YÖNETİMİ A.Ş.
Inception date 2003-11-17
Fund term Fon Süresiz Olarak Kurulmuştur
Independent auditor PwC BAĞIMSIZ DENETİM VE SERBEST MUHASEBECİ MALİ MÜŞAVİRLİK A.Ş
Risk value 2
Volatility (1Y) 1.49%
Max Drawdown (1Y) -0.06% (Mar 2026)

📞 Contact

ContactLevent Mahallesi, Çayırçimen Sokağı Vakıfbank Apt. No:7, 34330 Beşiktaş / İSTANBUL
Tel0212-310-37-00
Faks0212-310-39-99
e-Posta[email protected]
Authorized contacts
Nesrin KAYĞUN Müdür
02123103700 [email protected]
Müşteri İletişim Merkezi
08502022020 [email protected]

Fund Profile

What is the VEL fund?

VEL is a pension fund managed by Türkiye Hayat ve Emeklilik. It is offered through the Turkish pension (BES) system under the code VEL, in the Para Piyasası category.

How has the VEL fund performed?

It returned 48.2% over the past year, in nominal terms. Adjusted for official inflation (TÜFE), its 1-year real return is +12.2%. Year to date it is 24.0%. Over 5 years it returned 416%.

What does the VEL fund hold?

Portfolio allocation: Ters Repo 31.5%, Devlet Tahvili 31.3%, Mevduat (TL) 22.2%.

What does the VEL fund cost?

The annual management fee is 0.91%. Its total expense ratio is 1.09%.

How much withholding tax does the VEL fund carry?

Withholding is charged on the gain and ranges %5–15, depending on how you exit:

  • 10 yıldan az kalıp ayrılma %15
  • 10 yıl+, emeklilik hakkı kazanmadan ayrılma %10
  • Emeklilik, vefat veya maluliyet nedeniyle ayrılma %5

Rates are estimates; consult your tax advisor about your own situation.

Not investment advice

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1Y return
The information here is for informational purposes only and is not investment advice. Past performance does not guarantee future results. Source: TEFAS.