Contemporary Studies in Economic, Finance and Banking (CSEFB)
Vol. 5 No. 3 (2026)

Analysis of Factors Influencing the Performance of Fixed-Income Mutual Funds

Lingga Pramesti, Devi (Unknown)
Mega Paksi, Girindra (Unknown)



Article Info

Publish Date
03 Sep 2026

Abstract

Mutual funds have become one of the increasingly popular investment instruments as they offer convenience, flexibility, as well as the potential for more stable returns and lower risk compared to other investment instruments. The high level of investor interest in mutual funds has driven investment growth. This study aims to analyze the effect of Compound Annual Growth Rate (CAGR), Expense Ratio, Asset Under Management (AUM), and Drawdown on the performance of fixed-income mutual funds, measured using the Sharpe Method. The sampling technique used is purposive sampling, resulting in 30 fixed-income mutual funds registered on the Bibit and Ajaib applications during the period of April 2024 – March 2025. The analytical technique used is Multiple Linear Regression Analysis. The research findings indicate that CAGR and Drawdown have a significant positive effect on the performance of fixed-income mutual funds, while Expense Ratio and AUM have no significant effect on their performance. Investors need to consider the factors that influence the performance of fixed-income mutual funds they wish to invest in and understand the objectives and risks involved to make better investment decisions.

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Journal Info

Abbrev

csefb

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Publish all forms of quantitative and qualitative research articles as well as other scientific studies related to the fields of Economics, Finance, and ...