💹 Mutual Fund Calculator
Calculate mutual fund investment projections with realistic compound growth. This calculator factors in expense ratios (management fees) and inflation, plus direct comparison with 3.5% savings.
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Investment Growth Projection
Comparison: Savings vs Mutual Fund
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Learn more about mutual fund investing:
Index Funds: Passive Investing
Low-cost investment perfect for beginners.
→Start Investing with Rp 5 Million
Investment guide for Rp 5 million initial capital.
→Asset Allocation: Diversification Strategy
How to divide your portfolio to reduce risk.
→ETF vs Mutual Funds: Which is Better?
Comparison of ETFs and traditional mutual funds.
→Common Questions
What returns can I expect from mutual funds?
Mutual fund returns vary significantly by type:
- Money market: 4-5% annually (similar to savings, but more liquid)
- Fixed income: 6-8% annually (government & corporate bonds)
- Balanced: 8-12% annually (mix of stocks & bonds)
- Equity: 10-14% annually (stocks, high risk high return)
- Index: 10-12% annually (passive index tracking, low cost)
These returns are after expense ratios are deducted. Remember: past performance does not guarantee future results. Markets can fluctuate, especially for equity funds.
📖 Read more: Index Funds: Passive Investing
What is an expense ratio?
The expense ratio is the annual management fee deducted directly from the fund's Net Asset Value (NAV). This fee covers:
- Investment manager salaries
- Administrative & custodian fees
- Operational costs (reporting, audits, etc.)
Expense ratios in Indonesia range from 0.2-2% depending on type:
- Index funds: 0.2-0.5% (lowest, passive management)
- Money market: 0.3-0.7%
- Fixed income: 0.5-1.5%
- Balanced: 1-2%
- Active equity: 1.5-2.5%
Big impact! With Rp 500,000/month over 20 years, the difference between 0.5% and 2% expense ratios can save you tens of millions of rupiah.
📖 Read more: Mutual Fund Fees Explained
Which mutual funds are best for beginners?
For beginners, there are two main options:
1. Money Market Funds (low risk)
- Similar to savings but more liquid (withdraw anytime without penalty)
- 4-5% returns annually, stable
- Suitable for emergency funds or investments <1 year
- Examples: Manulife Dana Kas II, BNI-AM Dana Likuid
2. Index Funds (low cost, long-term)
- Passive investment tracking market indices (LQ45, IDX30, etc.)
- Low expense ratios (0.3-0.5%)
- Automatic diversification across 30-45 blue-chip stocks
- Suitable for 5+ year investments
- Examples: LQ45 Index Fund, IDX30 Index Fund
Don't jump into active equity funds before understanding volatility and risk tolerance. Start small (Rp 100-500k/month), learn first.
📖 Read more: Start Investing with Rp 5 Million
Are mutual fund gains taxed?
Currently, mutual fund gains in Indonesia are not subject to income tax (PPh) under Government Regulation 55/2022.
This differs from:
- Bank deposits: 20% interest tax (for balances >Rp 7.5 million)
- Bonds: 10-15% coupon tax
- Stocks: 0.1% capital gains tax on sale value (final)
Why are mutual funds tax-free?
The government wants to encourage long-term investment through mutual funds to deepen Indonesia's capital market. This policy has been in effect since 2008 and has been extended multiple times.
⚠️ Important note: This policy may change at any time. The government has previously discussed a 5-10% capital gains tax on mutual funds, but it hasn't been implemented yet. Stay updated with the latest regulations from OJK and the Directorate General of Taxes.
📖 Read more: Indonesian Investment Tax Guide