Key insights and market outlook
The Indonesian capital market has seen a significant increase in investors, with 19.6 million domestic investors as of November 2025, representing a 34.89% growth from the same period last year. This surge has positively impacted custodian banks, with their managed funds expected to continue growing. The growth is attributed to increasing public awareness of capital market investments.
The Indonesian capital market has experienced remarkable growth in domestic investors, reaching 19.6 million as of November 2025. This represents a substantial 34.89% increase compared to the same period in the previous year. According to data from the Central Securities Depository (KSEI), this upward trend reflects the increasing awareness and participation of Indonesian citizens in the capital market.
The surge in investor numbers has had a positive impact on custodian banks, with their managed funds expected to continue growing. Several custodian banks have expressed optimism about the future growth of their managed funds in line with the increasing number of investors. This growth is seen as a direct consequence of the expanding investor base in the capital market.
The significant increase in the number of investors indicates a growing interest in capital market investments among Indonesians. This trend is likely driven by various factors, including financial education initiatives, the introduction of new investment products, and the overall development of the financial services sector. As the investor base continues to expand, it is expected that the depth and liquidity of the Indonesian capital market will also improve.
Investor Growth in Capital Market
Custodian Bank Assets Increase