Financial Performance of Islamic and Conventional Mutual Funds in Indonesia Stock Exchange

DOI

10.2991/aebmr.k.210305.058How to use a DOI?

Keywords

Indonesia Stock Exchange, Islamic mutual funds, Sharpe, Treynor

Abstract

The purpose of this research is to analyze the comparison of performance between Islamic mutual funds and conventional mutual funds using the calculation of return, Sharpe, and Treynor and to find out which types of mutual funds are the best in 2015-2017. The analysis used in the research is a comparative descriptive method with a quantitative approach. The results of this research indicate that the majority of conventional mutual funds are superior to Islamic mutual funds in 2015-2017, although there are several types of Islamic mutual funds that are superior. Besides that, overall after a different test, it was shown that there were no significant differences between Islamic and mixed mutual funds, although some calculation methods showed differences.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - M. Ridho Pratama
AU  - Martini Dwi Pusparini
AU  - Rakhmawati
AU  - Tulasmi
AU  - Yuli Andriansyah
PY  - 2021
DA  - 2021/03/08
TI  - Financial Performance of Islamic and Conventional Mutual Funds in Indonesia Stock Exchange
BT  - Proceedings of the 2nd Southeast Asian Academic Forum on Sustainable Development (SEA-AFSID 2018)
PB  - Atlantis Press
SP  - 322
EP  - 327
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210305.058
DO  - 10.2991/aebmr.k.210305.058
ID  - Pratama2021
ER  -