A Geographical Comparative Study On Conventional Versus Sharia Mutual Fund Performance

Abstract

This research aims to determine geographical comparative study on conventional versus sharia mutual fund performance using the Sharpe, Treynor, and Jensen index measurements. The analytical method used is independent sample t-test. The population of this research is all conventional and sharia mutual funds that are active in the 2015-2019 period. The sampling method used purposive sampling method. The result showed that there was a significant difference between the performance of conventional equity mutual funds and the performance of Sharia mutual funds using three performance measurement method, there are Sharpe, Treynor, and Jensen.