Comparative Analysis On The Performance Of Conventional And Sharia Equity Mutual Funds In JSX For The Period Of 2014-2015

Abstract

The purpose of this research is to analyze the Performance of Conventional and Sharia Equity Mutual Funds in 2014-2015. The mutual funds were listed in the JSX. The methods for measuring the performance in this research were Sharpe method, Jensen method, Treynor method, M2 method and Miller method. Mutual funds in this research were 44, consisting of 31 conventional mutual funds and 13 sharia mutual funds. The results of this research were the comparison of the performance between conventional and sharia mutual funds. It was found that the results showed no significant difference, and it can be concluded that Miller method is different from the other methods. Keywords: Mutual Fund Performance, Conventional Mutual Fund, Sharia Mutual Fund, Sharpe, Jensen, Treynor, M2, Miller.