Title

Pengaruh Tracking Error dan Risiko terhadap Kinerja Reksa Dana Indeks Syariah di Indonesia.

Authors

Inayati, Arni Dini; Mawardi, Imron

Abstract

This study aims to analyze the impact of tracking error and risk on Islamic index mutual fund performance in Indonesia. This study ran multiple linear regression analyses on five samples using the net asset values and returns of JII and Islamic index mutual funds that are listed in the Financial Services Authority using data until December 2019. The result showed that tracking error had no significant effect on the performance of Islamic index mutual funds, while the level of risk had a significant positive effect on the performance of Islamic index funds.

Publication

Jurnal Ekonomi Syariah Teori dan Terapan, 2022, Vol 9, Issue 3, p325

ISSN

2407-1935

Publication type

Academic Journal

DOI

10.20473/vol9iss20223pp325-337