Testing of Performance Consistency And Performance Determinants Of Mutual Funds: A Study On Fixed Income Mutual Funds in Indonesia (2017 – 2021)
نویسندگان
چکیده
This study evaluates the performance of fixed-income mutual funds in Indonesia 2015-2017 using 123 research samples. Mutual fund evaluation is done through three measurement models: Sharpe, Treynor, and Jensen's Alpha. compared to market (Indonesia Composite Bond Index/ICBI) assess whether better (outperforming), same as market, or worse (underperforming). The test results show that models consistently performance. Furthermore, this examines determinants form under management, past performance, flow funds, age funds. From a population 398 active were selected during 2017-2021 period purposive sampling technique order obtain 614 observational data. have positive effect on while managed negative
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ژورنال
عنوان ژورنال: International Journal of Advanced Research in Economics and Finance
سال: 2023
ISSN: ['2682-812X']
DOI: https://doi.org/10.55057/ijaref.2023.5.1.23