scholarly journals Pertumbuhan Lembaga Reksadana Syariah Di Indonesia

2017 ◽  
Vol 2 (1) ◽  
Author(s):  
Mukhamad Zakariya
Keyword(s):  
Mutual Funds ◽  
Capital Markets ◽  
Capital Market ◽  
Mutual Fund ◽  
Financial Services ◽  
Growth And Development ◽  
Positive Impact ◽  
Active Role ◽  
Basic Principles ◽  
The Government

The development of capital markets in Indonesia is encouraging. It brings a positive impact on the development of the investment system in accordance with the basic principles of sharia, in the capital markets sector in Indonesia, or better known by the term Islamic capital market. Islamic capital market is developed with the aim of accommodating the needs of Muslims in Indonesia that performs investment in capital market products in accordance with the basic principles of sharia. As we know that Indonesia is a country with a predominantly Islamic population makes Indonesia has a potential market for Islamic products. The problems of this study are the factors that influence the growth and development of Sharia Mutual Funds in Indonesia until 2014. The purpose of this study is to determine the factors that affect the growth and development of Sharia Mutual Fund in Indonesia, in particular on the list of Sharia Mutual Funds issued by OJK (Financial Services Authority) to 2014. This research is a qualitative research that does not test the hypothesis, but is intended to gain a deeper understanding of the various variables describing the past circumstances or phenomenon is happening today. The data used in this research is secondary data. This research is conducted by analyzing data collected by the author, which is derived from the issuer's financial statements, related websites, journals of sharia economic, sharia economic papers and other related sources. The analysis technique used by the author in this study is descriptive-qualitative method, a method that is done by collecting data, compiling and interpreting the results in order to obtain a clear picture of the growth and development of Sharia Mutual Funds in Indonesia until 2014. The results of this study shows that the main factor affecting the growth and development of Sharia Mutual Fund in Indonesia is the active role of government, both in terms of regulation or other supports, affecting various aspects, such as the development of product innovation. Keywords: Mutual Funds, Islamic Mutual Fund, the Government of Indonesia

scholarly journals Pertumbuhan Lembaga Reksadana Syariah Di Indonesia

2017 ◽  
Vol 1 (2) ◽  
pp. 275-285
Author(s):  
Mukhamad Zakariya
Keyword(s):  
Mutual Funds ◽  
Capital Markets ◽  
Capital Market ◽  
Mutual Fund ◽  
Financial Services ◽  
Growth And Development ◽  
Positive Impact ◽  
Secondary Data ◽  
Active Role ◽  
Basic Principles

The development of capital markets in Indonesia is encouraging. It brings a positive impact on the development of the investment system in accordance with the basic principles of sharia, in the capital markets sector in Indonesia, or better known by the term Islamic capital market. Islamic capital market is developed with the aim of accommodating the needs of Muslims in Indonesia that performs investment in capital market products in accordance with the basic principles of sharia. As we know that Indonesia is a country with a predominantly Islamic population makes Indonesia has a potential market for Islamic products. The problems of this study are the factors that influence the growth and development of Sharia Mutual Funds in Indonesia until 2014. The purpose of this study is to determine the factors that affect the growth and development of Sharia Mutual Fund in Indonesia, in particular on the list of Sharia Mutual Funds issued by OJK (Financial Services Authority) to 2014. This research is a qualitative research that does not test the hypothesis, but is intended to gain a deeper understanding of the various variables describing the past circumstances or phenomenon is happening today. The data used in this research is secondary data. This research is conducted by analyzing data collected by the author, which is derived from the issuer's financial statements, related websites, journals of sharia economic, sharia economic papers and other related sources. The analysis technique used by the author in this study is descriptive-qualitative method, a method that is done by collecting data, compiling and interpreting the results in order to obtain a clear picture of the growth and development of Sharia Mutual Funds in Indonesia until 2014. The results of this study shows that the main factor affecting the growth and development of Sharia Mutual Fund in Indonesia is the active role of government, both in terms of regulation or other supports, affecting various aspects, such as the development of product innovation.

A Study on Investment Decision of Investors With Reference to Penetration of Mutual Funds in India

2016 ◽  
Vol 5 (2) ◽  
Author(s):  
Ratish C Gupta ◽  
Dr. Manish Mittal
Keyword(s):  
Decision Making ◽  
Real Estate ◽  
Mutual Funds ◽  
Capital Markets ◽  
Mutual Fund ◽  
Financial Services ◽  
Investment Decision ◽  
Fund Industry ◽  
Mutual Fund Industry ◽  
The Impact

The Indian mutual fund industry is one of the fastest growing and most competitive segments of the financial sector. The extent of under-penetration in the market is a sore point with the financial services industry, with a large amount of savings being channelized into fixed deposits, gold and real estate rather than the capital markets. The mutual fund industry is yet to spread its reach beyond Tier I cities. The top fifteen cities contribute to 85% of the pie, with the remaining 15% distributed among other cities. The study seeks to determine the impact of decision making of investors on current situation of mutual fund industry.

scholarly journals Investors’ Attentiveness towards Mutual Funds in Nepal

2020 ◽  
pp. 88-99
Author(s):  
Sudip Wagle
Keyword(s):  
Mutual Funds ◽  
Capital Market ◽  
Mutual Fund ◽  
Sampling Method ◽  
University Student ◽  
Adequate Knowledge ◽  
Investment Choice ◽  
The Government ◽  
Structured Questionnaire ◽  
The Capital Market

The growing enthusiasm for mutual funds among the investment choice is an anxiety in the Nepali capital market. The paper aims to find out the investors’ eagerness towards mutual funds in Nepal. This investigation is descriptive and based on a structured questionnaire survey of 125 (out of 140) respondents from the broker office in Chitwan District. The stratified sampling method was used, based on four strata (Businessperson, university lecturer, university student, institutional and local investor) of the respondents’ socio-demographic, adequate knowledge, and factors determination areas. The paper has three major discoveries. First, Nepali investors were dominated by male gender like as in other countries, and university students were excited in the capital market for investment that most common only in Nepal. Second, investors were investing in mutual funds without sufficient knowledge although most investors were aware of political instability. Lastly, investing in common stock rather than mutual funds, followed by the players who made the mutual fund more effective were the most prioritized factors and awareness to invest in mutual funds was the least factor while investing by an investor. Moreover, the correlation among all variables was positively significant. This paper is valuable to the government bodies, academicians, concern companies, and investors, which help them to know more about mutual funds. This study concludes differently from previous studies that individuals prefer to invest in the capital market rather than a bank deposit, which is probably the new appearance in Nepal.

scholarly journals Pengaruh Nilai Tukar dan Inflasi pada Reksadana Syariah di Indonesia

2021 ◽  
Vol 9 (1) ◽  
pp. 165
Author(s):  
Yuliana Eva Hartati ◽  
Early Ridho Kismawadi ◽  
Abdul Hamid ◽  
Ainun Mardhiah
Keyword(s):  
Exchange Rate ◽  
Mutual Funds ◽  
Capital Market ◽  
Mutual Fund ◽  
Financial Services ◽  
Stock Exchange ◽  
Secondary Data ◽  
Regression Methods ◽  
Fund Development ◽  
Spss Software

<em>The increasing development of Islamic mutual funds and making a more varied and more promising sharia capital market instrument for investors who want to invest their capital in the Islamic capital market, are able to make Indonesia the largest country in establishing a sharia capital market. However, the development of Islamic mutual funds is not easy to make the largest sharia-based investment container in Indonesia because there are still many factors that can affect the rise and fall of NAVs in Islamic mutual funds that Investment Managers still find difficult to overcome. The purpose of this study is to analyze the factors that influence the development of Islamic mutual funds in Indonesia. In this study the data used is secondary data. Data obtained from various sources, namely part of the Indonesia Stock Exchange (BEI) Annual Report and also a portion of the Sharia Mutual Fund Development Statistics in the Financial Services Authority (OJK) and Bank Indonesia (BI) taken in the third quarter of 2015-Quarterly III 2018. Data were analyzed using multiple linear regression methods and using SPSS software. The results obtained showed that partially Islamic NAV mutual funds were only influenced by inflation and the number of RDS, while the Jakarta Islamic Indeks and the exchange rate did not affect the NAV of Islamic mutual funds. Simultaneously shows that Jakarta Islamic Indeks, exchange rate, inflation and the amount of RDS have a simultaneous influence on the dependent variable (Islamic mutual fund NAV</em><em>.</em>

scholarly journals POLITIK HUKUM EKONOMI SYARI’AH DI INDONESIA

2017 ◽  
Vol 1 (2) ◽  
Author(s):  
Nevi Hasnita
Keyword(s):  
Public Finance ◽  
Capital Market ◽  
Mutual Fund ◽  
Growth And Development ◽  
Islamic Banking ◽  
Rapid Progress ◽  
Microfinance Institution ◽  
The Government ◽  
Policy Direction ◽  
Islamic Insurance

Legal policy is understood as the aims or policy direction taken by the government in making and implementing rules and regulations to achieve the state goal. The implementation of sharia economics in Indonesia, showed that the regulation is very fundamental to the growth and development of Islamic economics. In the first 10 years (1991-1999), the activities of Islamic economics were not well developed because it is not supported by adequate regulation. But in the second 10 years (2000-2011), there is a rapid progress in the area of Islamic banking, Islamic insurance, Islamic capital market, Syariah Obligation, Islamic mutual fund, microfinance institution, and Islamic public finance. This study concluded that the formal regulation and the economic policy of Indonesian government on the Islamic economics had been very positive. This means that the goverment has play a very good rules and support by setting a conducived formal regulation for supporting the sharia economics development in Indonesia. Keywords: Politik Hukum, Ekonomi Syariah

scholarly journals FAKTOR MINAT DAN PERAN PERKEMBANGAN SUKUK TERHADAP PEMBANGUNAN

2020 ◽  
Vol 6 (1) ◽  
pp. 77-96
Author(s):  
Chandra Satria ◽  
Suandi Suandi
Keyword(s):  
Mutual Funds ◽  
Capital Markets ◽  
Capital Market ◽  
Mutual Fund ◽  
Positive Influence ◽  
Data Sources ◽  
Public Companies ◽  
The Public ◽  
Asset Value ◽  
Net Asset Value

In the period between 2010 and the end of 2018, sharia products, especially sukuk in the Indonesian capital market, have shown quite good development. Total funds under management of sharia mutual funds, or better known as the Net Asset Value (NAV), are recorded at Rp 34.5 trillion. This figure is up by 21.8% compared to 2017. The NAV reflects 6.82% of the total conventional and sharia mutual fund NAV. While the number of Islamic mutual funds that have been circulating in the public, there were 224 mutual funds. This figure increased by 23.1% compared to 2017. The number also reflects 10.7% of the total conventional and sharia mutual funds that have been circulating in public (OJK data sources for 2017 and 2018). In that period, the issuance of sukuk was conducted 104 times by 22 issuers and / or public companies with a total sukuk issuance value of Rp 22 trillion or equivalent to 10.5% of the total bond issuance value. The still low total sukuk issuance value compared to the total bond issuance value shows that there are other factors that influence Issuers / PP's interest in issuing sukuk in addition to regulatory factors related to Islamic capital markets which have had a positive influence on the development of Islamic capital markets, especially sukuk

Determinants of Trading Decision: An Experiential Examination

GIS Business ◽  
2018 ◽  
Vol 13 (1) ◽  
pp. 1-9
Author(s):  
Gunjan Sharma ◽  
Tarika Singh ◽  
Suvijna Awasthi
Keyword(s):  
Stock Market ◽  
Capital Markets ◽  
Capital Market ◽  
Capital Mobility ◽  
Influential Factors ◽  
Herd Behavior ◽  
Human Beings ◽  
The Past ◽  
The Government ◽  
Indian Stock Market

In the midst of increasing globalization, the past two decades have observed huge inflow of outside capital in the shape of direct and portfolio investment. The increase in capital mobility is due to contact between the different economies across the globe. The growing liberalization in the capital market leads to the growth of various financial products and services. Over the past decade, the Indian capital market has witnessed numerous changes in the direction of developing the capital markets more robust. With the growing Indian economy, the larger inflow of funds has been fetched into the capital markets. The government is continuously working on investor’s education in order to increase retail participation in the Indian stock market. The habits of the risk-averse middle class have been changing where these investors started participating in the Indian stock market. It is an explored fact that human beings are irrational and considering this fact becomes imperative to investigate factors that influence the trading decisions. In this research, ‘an attempt has been made to investigate various factors that affect the individual trading decision’. The data has been collected from various stockbroking firms and from clients of those stockbroking firms their opinions were recorded by means of a questionnaire. Data collected through the structured questionnaire, 33 questions were prepared which was given to the 330 respondents on the basis of convenience sampling out of which 220 individuals filled questionnaire, the total of 200 questionnaires was included in the study after eliminating the incomplete questionnaire. Various factors are being explored from the literature and then with the help of factor analysis some of the most influential factors have been explored. Factors like overconfidence, optimism, cognitive bias, herd behavior, advisory effect, and idealism are the factors which influenced the trading decision of the investors the most. Such kind of a study is contributing in the area of behavioral finance as a trading decision is an important aspect while investing in the stock market. And this kind of study would be helping and assisting financial advisors to strategies for their clients in making the right allocation and also the policy maker and market regulators to come up with better reforms for the Indian stock markets.

A Critical Analysis of Selected Public and Private Mutual Fund Schemes in India

2019 ◽  
Vol 118 (8) ◽  
pp. 28-34
Author(s):  
Dr. V. Murali Krishna ◽  
Dr T. Hima Bindu ◽  
Dr. Ravikumar Gunakala
Keyword(s):  
Mutual Funds ◽  
Capital Market ◽  
Mutual Fund ◽  
Portfolio Diversification ◽  
Financial Intermediaries ◽  
Public And Private ◽  
Fund Managers ◽  
Fixed Base ◽  
Banking Institutions ◽  
Different Levels

Mutual Fund Industry is one of the emerged dominant financial intermediaries in Indian Capital Market. The main objective of investing in a mutual fund is to diversify risk. Though the mutual fund invests in diversified portfolio, the fund managers take different levels of risk in order to achieve the schemes objectives. Mutual funds allow portfolio diversification and relative risk management through collection of funds from the savers/investors, the same investing in equity and debt stocks. This type of invested funds is managed by professional experts called as fund managers Funds are categorized as income should fixed base in India are a kind of mutual fund which makes investment in debt securities that have been issued to the corporate, banking institutions and to government in general

scholarly journals PERAN OTORITAS JASA KEUANGAN TERHADAP PENGAWASAN LEMBAGA KEUANGAN DI INDONESIA

2019 ◽  
Vol 1 (02) ◽  
pp. 177-188
Author(s):  
Annisa Arifka Sari
Keyword(s):  
Capital Market ◽  
Financial Services ◽  
Financial Service ◽  
Legal Basis ◽  
Legal Research ◽  
Services Sector ◽  
Financial Services Sector ◽  
Stable Manner ◽  
The Government

Penelitian ini bertujuan untuk menjelaskan peran Otoritas Jasa Keuangan sebagai lembaga independen dalam melakukan pengawasan terhadap lembaga jasa keuangan di Indonesia serta kewenangan Otoritas Jasa Keuangan yang diatur dalam Undang-Undang Nomor 21 Tahun 2011 tentang Otoritas Jasa Keuangan. Metode yang digunakan dalam penelitian ini adalah penelitian hukum normatif. Dari hasil penelitian dijelaskan bahwa Otoritas Jasa Keuangan adalah lembaga yang independen dan bebas dari campur tangan pihak lain, yang mempunyai fungsi, tugas, dan wewenang pengaturan, pengawasan, pemeriksaan, dan penyidikan terhadap lembaga jasa keuangan seperti perbankan. Dasar hukum dibentuknya Otoritas Jasa Keuangan adalah Undang-Undang Nomor 21 Tahun 2011. Secara kelembagaan, Otoritas Jasa Keuangan berada di luar pemerintah, yang dimaknai bahwa Otoritas Jasa Keuangan tidak menjadi bagian dari kekuasaan pemerintah. Otoritas Jasa Keuangan dibentuk dengan tujuan agar keseluruhan kegiatan di dalam sektor jasa keuangan terselenggara secara teratur, adil, transparan, dan akuntabel; mampu mewujudkan sistem keuangan yang tumbuh secara berkelanjutan dan stabil; serta mampu melindungi kepentingan konsumen dan masyarakat. Otoritas Jasa Keuangan bertugas tidak hanya mengatur dan mengawasi perbankan saja, tetapi juga mencakup pasar modal, perasuransian, dana pensiun, lembaga pembiayaan, serta lembaga jasa keuangan lainnya.    THE ROLE OF FINANCIAL SERVICES AUTHORITY ON SUPERVISION OF FINANCIAL INSTITUTIONS IN INDONESIA This research aims to explain the role of the Financial Services Authority as an independent institution in supervising financial service institutions in Indonesia as well as the authority of the Financial Services Authority as regulated in Law Number 21 of 2011 concerning the Financial Services Authority. The method used in this research is normative legal research. From the research results, it is explained that the Financial Services Authority is an independent institution and free from interference from other parties, which has the function, task and authority to regulate, supervise, examine and investigate financial service institutions such as banks. The legal basis for the establishment of the Financial Services Authority is Law Number 21 of 2011. Institutionally, the Financial Services Authority is outside the government, which means that the Financial Services Authority is not part of the government's power. The Financial Services Authority was formed with the aim that all activities in the financial services sector are carried out in an orderly, fair, transparent and accountable manner; able to realize a financial system that grows in a sustainable and stable manner; and able to protect the interests of consumers and society. The Financial Services Authority is tasked with not only regulating and supervising banking, but also covering the capital market, insurance, pension funds, financing institutions, and other financial service institutions.    

scholarly journals Innovations & Technology Based Initiatives in Mutual Fund Distribution Intermediation in India

2019 ◽  
Vol 9 (2) ◽  
pp. 4747-4753
Keyword(s):  
Mutual Funds ◽  
Financial Institutions ◽  
Mutual Fund ◽  
Financial Services ◽  
Recent Past ◽  
Indian Government ◽  
Point Of Sale ◽  
The World ◽  
Areas Of Concern ◽  
The Ideal

The world of financial services is changing in ways that are more dramatic than we would have foreseen even five years ago. Taking a leaf from evolving ecosystem around mobile telephony, many financial institutions are using smart technology to remodel their branches into smarter point of sale. This has given a genesis to a terminology of “emerging distribution intermediaries” in financial services. Mutual funds (MF) being the combiner of various savings instruments are regarded as the ideal investment vehicle for today’s complex and modern financial scenario. But its penetration is poor. One of the major levers to increase penetration is innovations in distributing MF products. Considering this, Indian government & regulator have taken many policies reforms & IT initiatives towards increasing retail participation in Mutual Funds and equity markets in recent past. Through this paper, researcher has attempted to critically analyze these initiatives. Apart from highlighting various innovations in MF distributions, this paper will also highlight the present state of online Mutual Fund trading platforms. Further, the paper attempts to highlight the areas of concern, augmentation and intervention in this space.

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