TY  - JOUR
T1  - TÜRKİYE’DE KATILIM VE KONVANSİYONEL YATIRIM FONLARININ GETİRİ PERFORMANSLARININ KARŞILAŞTIRILMASI
TT  - Comparison of the Return Performances of Participation and Conventional Investment Funds in Turkey
AU  - Güloğlu, Hilal
AU  - Sırma, İbrahim
PY  - 2024
DA  - December
Y2  - 2024
DO  - 10.57085/ufebud.1518937
JF  - Uluslararası Finansal Ekonomi ve Bankacılık Uygulamaları Dergisi
JO  - UFEBUD
PB  - Mehmet İSLAMOĞLU
WT  - DergiPark
SN  - 2717-851X
SP  - 133
EP  - 174
VL  - 5
IS  - 2
LA  - tr
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KW  - yatırım fonları
KW  - konvansiyonel fonlar
KW  - katılım fonları
N2  - Interest in investment funds has rapidly increased, especially after the COVID pandemic period. Investors who are seeking alternative investment instruments and relatively low in financial literacy have turned to different types of investment funds. The development and widespread adoption of mobile banking have played an important role in this, particularly. In addition to these developments, the field of participation finance in Turkey has also gained momentum rapidly. Particularly, investors who want to invest their savings but are sensitive to conventional financial instruments have turned to participation finance instruments they perceive as alternative. Nowadays, many brokerage firms provide services with investment funds catering to this audience.This study compares 6 Participation and 18 Conventional investment funds that were continuously active during the period from July 2016 to November 2023, in terms of risk-adjusted returns before, during, and after the COVID pandemic, using different criteria. The study results indicate that participation funds can compete with conventional funds. This result demonstrates that participation funds constitute a significant alternative to conventional funds in a country like Turkey where participation finance is rapidly developing.
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UR  - https://doi.org/10.57085/ufebud.1518937
L1  - https://dergipark.org.tr/tr/download/article-file/4082348
ER  -