Pengukuran Kinerja Reksa Dana Syariah Berbasis pada Risiko dan Tingkat Pengembalian

Abstract

This study aims to determine the performance of Sharia Mutual Funds which is very useful for investors in making investment decisions in Sharia Mutual Funds. This research focuses on Fixed Income Sharia Mutual Funds. The research data were obtained from secondary published by the Indonesia Stock Exchange and Bareksa in the form of a report on Net Asset Value and the Rate of Return for the period 2018-2020. The data is analyzed using a risk and rate of return approach which aims to determine the performance of Fixed Income Sharia Mutual Funds. The results reveal that the performance of Fixed Income Sharia Mutual Funds with a risk approach, namely the least risky Fixed Income Sharia Mutual Funds in 2020. By using the rate of return approach, the findings shed a light on the highest Fixed Income Sharia Mutual Funds performance in 2019. Thus, it can be concluded that the performance of Fixed Income Sharia Mutual Funds based on a risk and return approach has a low risk and positive performance.

Sharia Mutual Funds: Protection Study For Investorsabstrak

“…Investors only bear the risk of the funds that have been provided and the Investment Manager as a representative does not bear the risk of loss on the investment made as long as it is not due to negligence. Investment income that can be received by Syari'ah Mutual Funds is from shares which can be in the form of dividends, which are profit-sharing distributed from the profit generated by the issuer, either paid in cash or the form of shares; then Rights, which are rights to pre-order securities provided by issuers and Capital gains, which are profits obtained from buying and selling shares on the capital market (Aini, 2022).…”