Net asset value growth of conventional fixed income mutual funds and inflation in 2021-2023

Purnamasari, Puji Endah ORCID: https://orcid.org/0000-0002-3727-6639 and Sartika, Farahiyah ORCID: https://orcid.org/0000-0002-2849-8811 (2024) Net asset value growth of conventional fixed income mutual funds and inflation in 2021-2023. Presented at International Conference of Islamic Economics and Business (ICONIES 2024).

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Abstract

NAV is one of the performance measures of fixed income mutual funds. Factors that can affect the NAV value are exchange rates, interest rates and inflation. The purpose of this study was to determine and analyze the effect of BI Rate and exchange rate on NAV in Indonesia (2021-2023 period) moderated by inflation. This type of research is a quantitative description with time series data and secondary data. This research was tested using the Classical Assumption Test, Moderated Regression Analysis (MRA) and Hypothesis Testing. The results showed that the BI Rate had a positive effect on NAV. The exchange rate in the study had no significant effect. While inflation is able to moderate the relationship between BI Rate and NAV in Quasi Moderation. However, inflation is not able to moderate the relationship between exchange rates and NAV.

Item Type:	Conference (Paper)
Keywords:	NAV, BI Rate; Exchange Rate; Inflation; Fixed Income Mutual Fund
Subjects:	15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1503 Business and Management > 150399 Business and Management not elsewhere classified
Divisions:	Faculty of Economics > Department of Management
Depositing User:	Puji endah Purnamasari
Date Deposited:	18 Oct 2024 13:40

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