Proceedings of the International Conference on Applied Science and Technology on Social Science 2022 (iCAST-SS 2022)

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Impact Analysis of Digital Mutual Fund Platform on Investment Growth in Indonesian Capital Market

Authors
Venti Eka Satya1, *, Ratna Wulaningrum2
1Center for Research Expert Body, Dewan Perwakilan Rakyat Republik Indonesia, Jakarta, Indonesia
2Accounting Department, Politeknik Negeri Samarinda, Samarinda, Indonesia
*Corresponding author. Email: venti.satya@dpr.go.id
Corresponding Author
Venti Eka Satya
Available Online 30 December 2022.
DOI
10.2991/978-2-494069-83-1_69How to use a DOI?
Keywords
Capital market; Mutual funds; Investors; Digital platform; Stock; investment; Financial technology
Abstract

Digital revolution is transforming the way customers access financial products and services. Since 2017, the number of investors in the Indonesian capital market, based on Single Investor Identification (SID), has increased significantly. This is due to the emergence of digital platforms in mutual funds trading. This study aims to determine the impact of the Digital Mutual Fund Platform on the development of investment in the capital market which includes the number of investors, values and volume of investment, and the number of companies listed on stock exchange. Analytical method used is descriptive qualitative by analyzing, describing, and summarizing the data obtained. The results showed that in December 2021, number of capital market investors was 7,489,337 investors, an increase of 569% compared to 2017, and trading volume reached 5.096 billion shares. The number of companies listed on IDX at the end of 2021 are 766 companies. More than 73.99% of Single Investor Identification (SID) have investment accounts in fintech selling agents, that used digital mutual fund platforms in running their business. This shows that the Capital Market growth is affected by the development of digital platforms in mutual funds trading.

Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Applied Science and Technology on Social Science 2022 (iCAST-SS 2022)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
30 December 2022
ISBN
978-2-494069-83-1
ISSN
2352-5398
DOI
10.2991/978-2-494069-83-1_69How to use a DOI?
Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Venti Eka Satya
AU  - Ratna Wulaningrum
PY  - 2022
DA  - 2022/12/30
TI  - Impact Analysis of Digital Mutual Fund Platform on Investment Growth in Indonesian Capital Market
BT  - Proceedings of the International Conference on Applied Science and Technology on Social Science 2022 (iCAST-SS 2022)
PB  - Atlantis Press
SP  - 381
EP  - 387
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-494069-83-1_69
DO  - 10.2991/978-2-494069-83-1_69
ID  - Satya2022
ER  -