Analisis Perbandingan Kinerja Reksa Dana Syariah dengan Reksa Dana Konvensional

The research aims to overview the difference between sharia mutual fund performance and conventional mutual fund performance. This research takes place in Bapepam-LK which is in its official site www.bapepam.go.id.The populations in this research are all of mutual funds that managed by investment management company which is managed both of sharia and conventional mutual fund in every type, whether mix mutual fund, fix income mutual fund and stock mutual fund. The method of analysis used are descriptive analysis and statistic analysis. Statistic analysis using different means test which is measured by independent sample t-test. This research is a comparative research. The data used are secondary data obtained through public report in Bapepam-Lk and PT Infovesta.The result obtained with alpha (α) 5 % showed hypothesis which tests Sharpe ratio with value was not proving there is difference between sharia mutual fund performance and conventional mutual fund performance if measured by Sharpe ratio.The result obtained with alpha (α) 5 % showed hypothesis which tests Treynor ratio with value was not proving there is difference between sharia mutual fund performance and conventional mutual fund performance if measured by Treynor ratio.The result obtained with alpha (α) 5 % showed hypothesis which tests Jensen Alpha ratio with value was not proving there is difference between sharia mutual fund performance and conventional mutual fund performance if measured by Jensen Alpha ratio.