Even though the performance of the JCI experienced growth and was appreciated by many parties, the performance of Mutual Funds was still under pressure due to several factors, including the shifting unit link policy to other financial instruments outside of mutual funds.
As of December 28, 2022, the total NAV of Mutual Funds was recorded to have decreased by 12.58 percent to Rp 505.69 trillion, with the number of Mutual Fund products also decreasing from 2,198 to 2,143 products.
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