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Article . 2025 . Peer-reviewed
License: CC BY SA
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Analysis of Factors Affecting the Net Asset Value of Sharia Equity Mutual Funds

Authors: Nurdiansyah Putri Purnamasari; null Muhammad Hafizh;

Analysis of Factors Affecting the Net Asset Value of Sharia Equity Mutual Funds

Abstract

One type of collective investment vehicle that manages public monies for investment is a sharia stock mutual fund stocks that are in accordance with sharia law and avoid transactions that contain elements of usury, maisir, and gharar. This study aims to investigate how the money supply, inflation, gold prices, and age of mutual funds impact the performance of Indonesian mutual funds' net worths that invest in sharia stocks between 2019 and 2024. This study made use of secondary data study. The sample used in this study was 6 sharia stock mutual fund companies, using purposive sampling techniques and there was a population of 55 sharia stock mutual funds. Using Eviews 12 sv software, utilizing the panel data regression approach, was used to secondary data. The findings of the study indicate that the quantity of currency in use, the cost of gold, and the age of mutual funds all have a major influence on the value of net assets (NAV) of Indonesian Sharia Equity Mutual Funds, however inflation has no discernible effect on this number.

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
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