E-Jurnal Akuntansi
Vol. 33 No. 4 (2023)

Size, Age and Performance of Equity Mutual Funds in Indonesia

Ni Putu Nadia Putri Febrianti (Faculty of Economics and Business, Udayana University, Indonesia)
Putu Agus Ardiana (Faculty of Economics and Business, Udayana University, Indonesia)



Article Info

Publish Date
30 Apr 2023

Abstract

This study aims to determine the effect of size and age on the performance of equity funds in Indonesia. The theory used in this research is the mutual fund theorem. The research was conducted on conventional and Sharia equity mutual funds registered with OJK for the 2015-2019 period. The data analysis technique used is multiple linear regression analysis. There were 59 equity funds that met the sampling criteria using a purposive sampling method consisting of 47 conventional equity funds and 12 Sharia-based equity funds. The results showed that the size and age of equity funds had no significant effect on their performance. The results of this study are consistent when using a sample of conventional and Islamic stock mutual funds.

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Journal Info

Abbrev

akuntansi

Publisher

Subject

Economics, Econometrics & Finance

Description

E-JURNAL AKUNTANSI (EJA) E-Jurnal Akuntansi [e-ISSN 2302-8556] is an electronic scientific journal published online once a month. E-journal aims to improve the quality of science and channel the interest of sharing and dissemination of knowledge for scholars, students, practitioners, and the ...