The Executive Director of the Capital Market, Derivatives, and Carbon Exchange Supervisory Agency at the OJK, Inarno Djajadi, stated that the growth in Assets under Management (AUM) in Indonesia is supported by increased demand for mutual fund products. Recent trends indicate a growing interest among retail investors in mutual fund products, reflecting their confidence in diversified and professionally managed investment instruments. As of May 2025, the OJK recorded the net subscription value of mutual funds at IDR 8.26 trillion mtd and IDR 3.38 trillion ytd. This increase is indicative of market optimism and growing public awareness of the importance of long-term investment.
Additionally, the OJK emphasised noteworthy expansion in securities crowdfunding (SCF), an alternative financing instrument gaining popularity among small businesses and retail investors. As of 27 May 2025, SCF has 18 licensed operators and 825 securities issuances from 594 issuers. It is an innovative and inclusive financing alternative, particularly for small, micro, and medium enterprises (UMKM) and start-ups. The number of active investors participating in SCF has surpassed 180,000, with total funds raised reaching IDR 1.57 trillion. It allows businesses to offer securities to the public digitally, while investors can invest in a transparent process. Furthermore, the positive trend in this investment sector is also driven by more transparent regulations and strict oversight from the OJK. Further to this, the OJK continues to promote education and innovation in investment products to expand financial inclusion and deepen the national capital market.
