Journal of Business, Accounting and Finance
Vol. 1 No. 1 (2019): Journal of Bussines Accounting and Finance

The Effect of Consumer Price Index And The Amount Of Money Circulation On Net Assets Value Of Sharia Mutual Funds

Yayang Kirana Dewi (Universitas Sebelas April)
Fanji Farman (Universitas Sebelas April)
Lisna Lisnawati (Universitas Sebelas April)



Article Info

Publish Date
10 Apr 2019

Abstract

This study entitled "The Effect of Consumer Price Index and the Money Supply on Net Asset Value of Islamic Mutual Funds", This study aims to analyze the effect of the Consumer Price Index and the Money Supply on the Net Asset Value of Islamic Mutual Funds. The method used in this research on Islamic Mutual Funds uses a quantitative approach. The data collection technique used is by using the saturated sampling method. The type of data used is secondary data. While the data analysis techniques used are descriptive statistics, normality test, heteroscedasticity test, multicollinearity test, autocorrelation test, multiple regression analysis, coefficient of determination test and hypothesis testing. partial does not affect the Net Asset Value of Islamic Mutual Funds in Indonesia with a comparison of tcount < ttable or -0.029 < 1.01410, while the amount of money in circulation partially affects the Net Asset Value of Islamic Mutual Funds with a comparison of tcount > ttable or 21.506 > 1.01410 . Simultaneously the Consumer Price Index and the Money Supply have a significant effect on the Net Asset Value of Islamic Mutual Funds with a comparison of fcount > ftable or 409.297 > 3.20. The conclusion is that the consumer price index has no significant effect on the net asset value of Islamic mutual funds. Meanwhile, partially, the money supply has a significant effect on the net asset value of Islamic mutual funds. And simultaneously the consumer price index and the money supply affect the net asset value of Islamic mutual funds.

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Journal Info

Abbrev

job

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal of Bussines Accounting and Finance, is peer-reviewed scientific journal that can be used as a platform to publish research article in the area of Accounting & Finance, biannually in April and October. The aim of this journal is to promote increased new knowledge through scientific articles ...