| This study investigates the characteristic of Sharpe Ratio, Asset Under Management, Fund Age, Eid effect, and Ownership of Mutual Fund to the performance of 15 equity mutual funds in Indonesia for 5 years (2010¬2014). The study finds that Sharpe Ratio has a significant positive effect on the performance of equity mutual fund, while the Fund Age, and Ownership of Mutual Fund have negative significant effect on the performance of equity mutual fund. The study also showed that Assets Under Management and Eid Effect have no significant effect on the performance of equity mutual fund. |