Comparative Analysis Of Conventional Mutual Funds And Sharia Mutual Funds On Investment Growth In Indonesia

Abstract

A concise To invest is to spend money on things like capital goods and manufacturing equipment so that businesses and investors may make more of the goods and services that are already accessible in the market. Investment risk can be reduced through the use of mutual funds, a relatively new investment vehicle. These funds pool the money of several participants and then invest it in a variety of assets, including stocks, bonds, and money market instruments. Mutual funds are investment vehicles that pool capital from many individuals or groups of people to purchase a diversified portfolio of assets under the supervision of professional investment managers. Traditional mutual funds and sharia mutual funds are the two main categories of mutual funds. There are contrasts between conventional and Islamic mutual funds; the latter are managed in line with Islamic law and principles. The purpose of this research is to compare and contrast traditional mutual funds with Islamic mutual funds. Investment Growth in Indonesia. This study employs descriptive statistical analysis techniques within a quantitative framework. Secondary data, namely Time Series data, covering the years 2013–2022, is what is utilized. This analysis found no statistically significant relationship between investment growth in Indonesia and conventional or sharia mutual funds.