Narenj becomes the first leveraged fund in Iran's market to post a 300% one year return

The Narenj leveraged fund, managed by Taranj Investment Advisory, passed a 300% one year return after trading on Monday, 3 August 2026 (12 Mordad 1405), becoming the first leveraged fund in Iran's capital market to reach that mark. According to the report, Narenj is also the first investment fund in the market since 1399 (2020 to 2021) to record a 300% return over a one year window, and its return runs about 50 percentage points ahead of the second placed leveraged fund.

For comparison, the Tehran Stock Exchange all share index returned 94% over the same one year period, a gap the Bourse News report describes as 209% of alpha versus the market. The fund has also seen 21 consecutive days, and 33 days in total, of buy queues since its symbol reopened.

Taranj Investment Advisory currently manages 10 funds, ranging from fixed income to equity products and the Rose Taranj gold fund, with more than 92 trillion tomans of assets under management.