Indonesian Stock Mutual Funds Show Strong Performance

Positive Market Momentum Drives Growth

Indonesian stock mutual funds have demonstrated robust performance in late 2025, with data from Infovesta showing a 7.14% year-to-date return through October 2025. The funds also recorded a 2.18% month-on-month increase during the same period. This outperformance compared to fixed income and money market funds suggests a potential shift in investment strategies among fund managers.

Market Catalysts and Investment Implications

The strengthening Jakarta Composite Index has been a significant catalyst for the positive performance of stock mutual funds. Reza Fahmi Riawan, Senior Vice President and Head of Retail, Product Research & Distribution at Henan Putihrai Asset Management (HPMA), suggests that this trend may lead investment managers to reconsider their portfolio strategies. While the changes may not be drastic, there is an indication that fund managers might be adjusting their investment approaches to capitalize on the current market momentum.

Market Outlook and Future Prospects

The strong performance of stock mutual funds relative to other types of mutual funds indicates a growing investor confidence in the equity market. As the year comes to a close, market participants will be watching closely to see if this trend continues and how investment managers respond to the evolving market conditions.