Sharia Mutual Funds Can Be An Investment Option Fulfilling Financial Goals

JAKARTA - Executive Director of the Association of Indonesian Investment Fund Mutualists (APRDI) Mauldy Rauf Makmur assessed that mutual sharia funds could be an option for investment instruments in an effort to meet financial goals.

"All of us have financial goals, whether short, medium, or long. And mutual sharia funds, according to their types, we can choose to meet these financial goals," said Mauldy in the Webinar Merdeka Finansial with Islamic Financial Products, quoted from Antara, Thursday, March 30.

In addition, continued Mauldy, mutual Islamic funds are managed by investment managers so that finances are managed professionally. Mauldy said mutual Islamic funds could also beat inflation.

Another advantage offered by mutual sharia funds is tax exemptions. In the tax provisions, mutual sharia funds are one of the products that are exempted from taxes.

Then, along with technological developments, mutual sharia funds can be obtained easily. To invest in mutual funds, investors can start with affordable capital, which is IDR 50 thousand. In fact, to fill out the balance, it can start from IDR 10,000. This indicates that mutual sharia funds are a cheap investment instrument.

Sharia mutual funds are also a logical and legal instrument because they are registered and supervised by the Financial Services Authority (OJK).

Even so, Mauldy reminded that mutual funds also have risks. Mutual funds are managed by a portfolio of effects so that the investment instrument has a basic asset price movement that is influenced by the economic and political conditions that occur and existing liquidity.

"The important thing to remember is that investment risk cannot be eliminated, but must be understood and mitigated," said Mauldy.

In addition to benefits and mitigation, Mauldy also explained the rights and obligations of mutual fund investors. Investors have the right to get as much information as possible about mutual funds. Then, investors are also entitled to proof of periodic mutual fund transactions and financial reports.

Then, the most important right for mutual fund investors is that they can resell the participation unit (UP). UP is a unit that shows ownership of investors in mutual funds according to the stored securities portfolio. UPs can be sold thoroughly or partially.

Mauldy also reminded that investors must understand mutual fund products before entering the investment instrument. One aspect of mutual funds that is important to understand is the risk of investment as previously explained.

Investors are also required to open accounts and deposit funds to be able to invest in mutual funds.