In 2019, the number has penetrated 1.25 million people for the mutual fund investor sector. (Credit : John Moore)

Wow! the number of mutual fund investors has increased in 4 years

Siti Fatimah Adri
Market & Investment
Indonesia Market
Jul 10, 2019
1812
Online investment platform existence in society seems to have an influence on the capital market in Indonesia. Because the number of investors in Indonesian capital market has increased significantly, especially in mutual fund investors.

This was stated by Deputy Director of Investment Management of the Financial Services Authority (OJK) Halim Haryono. He said that the number of Indonesian mutual fund investors was always stagnant 4 years ago, precisely in the range of 350,000 people. But in 2019, the number has penetrated 1.25 million people for the mutual fund investor sector.

Halim also said that in the past three years, online purchases of mutual fund products have continued to increase. In 2016, online mutual fund purchase transactions were in the range of Rp 1 trillion. While according to the latest data in 2018, the purchase transaction has reached Rp 5 trillion.

In addition, the asset under management (AUM) investment fund manager has now reached Rp 520 trillion. In fact, four years ago only Rp. 270 trillion.

Interestingly, this significant growth doesn’t only occur the conventional mutual fund sector, but also in sharia mutual funds. The Islamic mutual fund market share has managed to reach 7 percent of the total mutual fund market. So, it’s not surprising that even though 4 years ago the managed funds of Islamic mutual funds by investment managers always fit in around Rp. 11 trillion, but this year the funds can reached Rp 36 trillion.

The increase in transactions that occurred in the capital market in Indonesia was allegedly due to the high penetration of technology in financial transactions.

Source: https://money.kompas.com/read/2019/07/10/132531126/jumlah-investor-reksa-dana-meningkat-3-kali-lipat-dalam-4-tahun