Aktif Asset Management

What Aktif Asset Management does

Aktif Portföy Yönetimi A.Ş. (Aktif Asset Management) is a Turkey-domiciled, privately held investment fund management company (A.Ş.) headquartered in Istanbul, operating under authorization from Turkey's Capital Markets Board (Sermaye Piyasası Kurulu). The firm is 91.86%-owned by Aktif Bank — Turkey's largest private investment bank, itself part of the Çalık Holding conglomerate — with the remaining 8.14% held by Banka Kombetare Tregtare Kosova (BKT Kosova). Its core product is a menu of 20+ investment funds spanning equities (HRZ, MPS, MMH, ENJ), fund baskets (SPT, EYT, MJG, MJB, GLC), money market (IDL, PPV, LKT, TLK), precious metals (MKG, MJG), fixed income/debt (BOL), participation/Islamic finance (MPF, MPK, CPU, SPT), qualified-investor free funds (NKL, ONN, DOL, MPN, ESG), plus venture capital, real estate, and pension (BES) funds. A subset of funds is Shariah-certified by an in-house Islamic Finance Advisory Board.

The business model is asset-based: the firm charges annual management fees on AUM ranging from 0.79% (DOL foreign-currency free fund) to 2.37% (MPS participation equity fund), with most funds clustering in the 0.95%-2.0% band. Distribution operates through two principal channels: the open TEFAS (Turkey Electronic Fund Trading System) platform accessible via all member banks and brokerages, and the captive N Kolay digital banking platform — owned by parent Aktif Bank — which provides exclusive 7/24 access to TEFAS-restricted funds with onboarding in 15 minutes. Customer segments include retail investors, qualified/high-net-worth investors (served via the free-fund lineup and private mandates), corporate and institutional clients through Aktif Bank's 8 branches, and BES pension participants. Marketing and investor-education infrastructure includes weekly bulletins (continuous since May 2022), an active multi-platform social presence (X, LinkedIn, TikTok, YouTube, Instagram), a risk-profile questionnaire funnel, and regular blog content.

Name

Aktif Asset Management

Legal name

Aktif Portföy Yönetimi A.Ş.

Website

https://aktifportfoy.com.tr

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Aktif Asset Management (Aktif Portföy) is a Turkey-based investment fund manager, 91.86%-owned by Aktif Bank, offering 20+ Shariah-compliant and conventional funds distributed via TEFAS and the captive N Kolay digital platform to retail, qualified, and institutional investors.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Investment Management Advisory (RIA) (FSAEAAAB)

akta.pro secondary industries

Money Market Funds (FSAAAEAC), Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)

Keywords

• Investment fund management
• Portfolio management services
• Islamic finance funds
• Money market funds
• Pension fund management

Headquarters

HQ city

Sisli

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Fund Management Fees: Aktif Portföy generates revenue through annual management fees charged on investment funds. Fee rates vary by fund type, ranging from 0.79% to 2.37% annually as disclosed in fund prospectuses. These fees are calculated based on the total value of assets under management.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Aktif Portföy manages a diversified portfolio of investment funds across multiple asset classes including equities, fixed income, money market, precious metals, participation (Islamic finance), technology, ESG, venture capital, real estate, and pension funds. Funds are distributed to retail and qualified investors through the TEFAS electronic fund trading platform and the N Kolay digital banking app, with annual management fees ranging from 0.79% to 2.37%. The company also provides private/custom portfolio management solutions for institutional and high-net-worth clients.

Product overview

Aktif Portföy (Aktif Asset Management) operates as a comprehensive fund management platform offering a diverse portfolio of investment products. The core offering consists of multiple investment fund categories: Yatırım Fonları (Investment Funds) including equity funds (HRZ, MPS, MMH, ASJ, ONE, ENJ), fund basket funds (SPT, EYT, MJB, GLC), technology funds (CPU, GPT, FLY), money market funds (IDL, LKT, PPV, TLK), precious metals funds (MKG, MJG), bond/debt funds (BOL), participation funds (MPF, MPK), and free funds for qualified investors (NKL, ONN, DOL, MPN, MPD, MJL, MLS, GLG, ESG, CIN, DB2, TFE, MTS). Additional products include Girişim Sermayesi Yatırım Fonları (Venture Capital Funds) and Gayrimenkul Yatırım Fonları (Real Estate Funds). The platform distributes funds through TEFAS (Turkey Electronic Fund Trading System) enabling transactions via member banks and brokerages, while N Kolay digital banking provides 24/7 access to exclusive funds. Supplementary services include a Risk Profile Questionnaire for investor suitability assessment. The company also provides Emeklilik Yatırım Fonları (Pension Funds) for BES participants and Özel Yatırım Çözümlerimiz (Private Investment Solutions) for institutional clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Yatırım Fonları (Investment Funds) Core investment fund category offering diversified exposure across equity, bond, money market, participation, technology, precious metals, and sector-specific funds for retail and institutional investors.
• Girişim Sermayesi Yatırım Fonları (Venture Capital Investment Funds) Venture capital investment funds providing exposure to high-potential real sector companies for long-term growth, targeting qualified investors seeking alternative investment opportunities.
• Gayrimenkul Yatırım Fonları (Real Estate Investment Funds) Real estate investment funds offering exposure to Turkish property markets through professionally managed portfolios for qualified investors.
• Emeklilik Yatırım Fonları (Pension Investment Funds) Pension investment funds designed for long-term sustainable high performance for BES (Bireysel Emeklilik Sistemi / Individual Pension System) participants seeking retirement savings optimization.
• Özel Yatırım Çözümlerimiz (Private Investment Solutions) Customized private investment solutions and portfolio management services designed for institutional and high-net-worth clients seeking personalized mandates and alternative return strategies.
• HRZ - BIST Halka Arz Şirketleri Hisse Senedi (TL) Fonu Equity-focused fund investing at least 80% in BIST Halka Arz Index companies, offering exposure to IPO-listed companies for medium-to-long term investors with 2% annual management fee.
• FLY - Havacılık ve Savunma Teknolojileri Değişken Fon Thematic fund investing minimum 80% in aviation, unmanned aerial vehicles, and defense technology sectors, including equities, ADRs/GDRs, and related ETFs.
• MKG - Altın Katılım Fonu Participation fund investing minimum 80% in gold and gold-backed instruments, approved by the Islamic Finance Advisory Board, offering physical gold investment without storage risk. Ranked 1st among Turkish gold funds in 2021. Annual management fee 1.5%.
• MJG - Gümüş Fon Sepeti Fonu Fund basket investing minimum 80% in silver-backed ETFs and domestic silver investment funds, providing exposure to silver markets with narrow bid-ask spread. Annual management fee 2%.
• CPU - Teknoloji Katılım Fonu Technology-focused participation fund investing in technology sector companies compliant with Islamic finance principles.
• GPT - Robotik Teknolojileri Değişken Fon Thematic variable fund focusing on robotics and automation technologies across domestic and international markets.
• ESG - Sürdürülebilirlik Serbest Fon Sustainability-focused free fund incorporating environmental, social, and governance criteria into investment decisions for qualified investors.
• ENJ - Enerji Şirketleri Hisse Senedi (TL) Fonu Equity fund investing in energy sector companies listed on Borsa Istanbul for medium-to-long term capital appreciation.
• DOL - Üçüncü Aktif Serbest (Döviz) Fon Free fund for qualified investors investing minimum 80% in foreign currency-denominated government and private sector debt instruments, targeting low-volatility USD returns. Annual management fee 0.79%.
• IDL - Para Piyasası (TL) Fonu Money market fund investing in short-term capital market instruments with maximum 184-day maturity and 45-day weighted average portfolio duration. Annual management fee 0.95%.
• BOL - Borçlanma Araçları Fonu Fixed income fund investing minimum 80% in domestic government and private sector debt instruments and lease certificates with dynamic portfolio management.
• Risk Profili Anketi (Risk Profile Questionnaire) Investor questionnaire tool evaluating financial situation, investment horizon, risk tolerance, and investment knowledge to recommend suitable fund allocation strategies.

Quantifiable outcome

• MKG (Altın Katılım Fonu) ranked 1st among Gold Funds in 2021
• +1 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• TEFAS (Turkey Electronic Fund Trading System)coreChannel Partner/ Reseller/ DistributorTEFAS is Turkey's electronic fund trading platform enabling investors to access Aktif Portföy funds through all member banks and brokerage houses. The platform provides price discovery, trading, and settlement services for investment funds listed on the exchange.
• N Kolay (Aktif Bank Digital Platform)coreChannel Partner/ Reseller/ DistributorN Kolay is Aktif Bank's digital banking platform that offers exclusive 7/24 access to TEFAS-restricted Aktif Portföy funds. The platform enables new account opening in just 15 minutes, providing competitive advantage for accessing funds not available on public TEFAS.
• Islamic Finance Advisory Board (İslam Finans Danışman Kurulu)coreTechnology or IntegrationThe Islamic Finance Advisory Board provides Shariah compliance certification for Aktif Portföy's participation/Islamic finance funds (MKG, MPF, MPK, MPS, SPT, CPU). All instruments in these funds receive approval from the board, ensuring compliance with Islamic finance principles.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• QNB Finansinvest Portföy: Turkish asset manager tied to QNB Finansbank, with a multi-category fund shelf including equity, fixed income, money market, and participation funds distributed primarily via QNB's digital banking platform.
• İş Portföy: Largest Turkish asset manager and a subsidiary of İş Bank. Operates the broadest fund shelf in Turkey, distributed through İş Bank's massive branch and digital network, making it the most direct head-to-head competitor for Aktif Portföy across equity, fixed income, money market, and pension funds.
• Deniz Portföy: Asset management subsidiary of DenizBank, offering equity, fixed income, money market, and participation funds distributed through DenizBank's digital and branch network — a comparable mid-to-large Turkish fund manager peer.
• TEB Portföy: BNP Paribas-affiliated Turkish asset manager operating a comparable diversified fund range and distributed largely through TEB's digital channels — direct competitor for bank-distributed fund flows in Turkey.
• Ak Portföy: Asset management subsidiary of Akbank. Offers a comprehensive range of conventional and participation funds, distributed through Akbank's large digital platform — a structurally similar bank-affiliated peer competing for the same TEFAS-linked investor base.
• Garanti Portföy: Asset management arm of Garanti BBVA, one of Turkey's largest banks. Closely comparable product range (equity, fixed income, money market, participation funds) distributed via Garanti's extensive digital and branch network — directly competing for TEFAS-distributed fund flows.
• Yapı Kredi Portföy: Koç-affiliated Turkish asset manager offering a similar multi-category fund shelf. Comparable retail and qualified-investor fund lineup distributed through Yapı Kredi Bank's digital and branch channels.
• İstanbul Portföy: Independent Turkish asset manager offering a comparable multi-category fund lineup including participation and venture capital funds — competes on product breadth and Shariah-compliant capabilities rather than captive bank distribution.

Broad incumbents

• Halk Portföy: Asset management affiliate of Halkbank, one of Turkey's largest state-linked banks. Distributes a broad fund range, including BES pension products, via Halkbank's extensive branch and digital network — a peer with structural distribution advantages similar to Aktif Portföy's N Kolay relationship.
• HSBC Portföy: Global bank's Turkish asset management arm with a smaller but international-quality product shelf, including FX and Eurobond funds. Competes more on qualified-investor and FX strategies than on broad retail shelf.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/aktif_portfoy
• YouTubeyoutube.com/@AktifBank
• LinkedInlinkedin.com/company/aktifportfoy
• Instagraminstagram.com/aktif_portfoy
• TikToktiktok.com/@aktif_portfoy
• Facebookfacebook.com/AktifPortfoy

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aktif Asset Management