Pengaruh BI Rate, Inflasi, dan Kurs Terhadap Nilai Aktiva Bersih Reksadana Syariah Campuran

Abstract

The development of the Islamic finance industry in Indonesia has experienced a rapid increase, one of which is investment activities that occur in the capital market. Islamic mutual funds are an alternative for the public in investing. Mixed Sharia Mutual Funds are a form of product from sharia mutual funds that have less risk than other types of sharia mutual funds. The measuring instrument in sharia mutual fund investment is Net Asset Value (NAV). Things that can affect,the NAV of a sharia mutual,fund are the BI rate, Inflation, and the Exchange Rate. This study aims to determine the impact of these three variables on the NAV of Islamic mutual funds. Sources of data in the form of secondary data with purposive sampling method. This research uses multiplier,linear regression analys method. The results of this study indicate that the BI Rate and Inflation variables have’s a partially significant effect on the NAV of mixed sharia mutual fund, but the exchange rate variable has no partial significant effect on the NAV of mixed sharia mutual fund. The results also show that the BI Rate, Inflation and Exchange Rate have a simultaneous effect on the NAV of Islamic mutual funds.

Pengaruh Inflasi, Nilai Tukar Rupiah, dan Tingkat Suku Bunga Terhadap Nilai Aktiva Bersih Reksa Dana Campuran Syariah Tahun 2019-2021

“…Depresiasi yang terjadi akan memberikan sinyal pengaruh kurs rupiah pada nilai aset bersih karena harga portofolio dari reksa dana naik dan minat berinvestasi turun. Namun jika nilai tukar naik, nilai aset bersih naik karena harga reksa dana turun dan minat investasi juga akan meningkat (Apriyanto, Setyowati, dan Mayasari 2022). Berikut adalah gambaran fluktuasi nilai tukar rupiah tahun 2019-2021.…”