| dc.description.abstract | Analysis of Investments in Stock Mutual Fund Instruments in Pension Funds
This study aims to determine the extent of the influence of risk level,
interest rates, and gross domestic product (GDP) on stock mutual fund returns,
both partially and simultaneously. The variable used in this study is risk level,
measured using VaR.
The type of research used is Quantitative Descriptive, which is descriptive
research with a quantitative approach. The sample in this study uses the types of
stock mutual funds listed on the pasaRDana.id website from 2015 to 2024, with a
sample size of 2 types of mutual funds that have been determined based on certain
criteria. The data used in this study is secondary data. The analysis technique
used to test the hypothesis is multiple linear regression analysis.
The results show that in Batavia Dana Saham, the risk level variable has a
significant positive effect on mutual fund returns, the interest rate variable has a
negative effect on mutual fund returns, and the GDP variable has a positive effect
on mutual funds. Simultaneously, the independent variables show that there is a
simultaneous and significant effect on mutual fund returns.The results show that
in SAM Indonesia Equity Fund, the risk level variable has a significant positive
effect on mutual fund returns, the interest rate variable has a negative effect on
mutual fund returns, and the GDP variable has an insignificant negative effect on
mutual fund returns. Simultaneously, the independent variables show that there is
a simultaneous and significant effect on mutual fund returns. | en_US |
