Financial inclusion and mutual funds investment decision

Mutamimah Mutamimah; Pungky Lela Saputri; Maya Indriastuti

doi:10.14710/dijb.6.2.2023.114-127

DOI: https://doi.org/10.14710/dijb.6.2.2023.114-127

Financial inclusion and mutual funds investment decision

Mutamimah Mutamimah¹ , Pungky Lela Saputri¹, Maya Indriastuti²

¹Departement of Management, Universitas Islam Sultan Agung Semarang, Indonesia, Indonesia

²Departement of Accounting, Universitas Islam Sultan Agung Semarang, Indonesia, Indonesia

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Abstract

This study analyses mutual fund investment decisions based on financial inclusion. Multiple regression analysis and the sobel test were used to analyse the data. The population in this study is all mutual fund investors in Central Java, Indonesia. Purposive sampling was used in the sampling method. The results show that financial literacy and financial technology have no effect on mutual fund investment decisions but have a positive influence on financial inclusion, while financial inclusion has a positive effect on mutual fund investment decisions. Thus, financial inclusion can mediate the influence of financial literacy and financial technology on mutual fund investment decisions

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Keywords: financial literacy, financial technology, financial inclusion, mutual funds investment decision

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Language : EN

In Vol 6, No 2 (2023)

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