| Mutual fund are used to collect funds from public investors to be invested in portfolio securities by investment manager who has license from Bapepam-LK. Each year the number of mutual fund investment increased, but its not equal to the knowledge of performance indicators mutual fund. This research aims to analyze the performance of equity mutual fund in Indonesia by looking at the consistency of the performance and the ability of market timing and stock selection. This research used monthly data NAV / Unit of equity mutual fund in Indonesia 2009¬2012 period. Data availability at www, bapeyam. so. id. and the sample consists of 32 items of mutual fund that still exist in that period of analysis. From the result of this study, concluded that the theres no performance consistency of mutual fund in Indonesia, only one mutual fund that has selectivity ability and 13 mutual fund that has market timing ability. In generally, from this result, we can conclued that investment manager in Indonesia should improve their professional management due to give more profitability for their investors. |