The mutual fund industry in Indonesia has an important role in the national economy with great potential to develop in the digital era. Supervision by the Otoritas Jasa Keuangan (OJK) aims to create an investment ecosystem that is safe and able to compete globally. However, challenges are still faced in the regulatory aspect, especially regarding data protection and policy consistency in the financial technology (fintech) sector.
In facing the era of digitalization, a balance between innovation, market stability and investor protection is the main key in managing this industry. This research analyzes technological, economic and regulatory aspects in the mutual fund industry, highlighting obstacles such as data security, regulatory compliance and the level of public financial literacy.
The calculation results show that the network quality in the mutual fund application simulation using Cisco Packet Tracer is still in the good category, with acceptable levels of packet loss, delay and jitter. From an economic perspective, investment in mutual fund services shows positive feasibility with a profitable Net Present Value (NPV), Interest Rate of Return (IRR) that exceeds the discount rate, and a reasonable capital Payback Periode (PP). From a regulatory perspective, the implementation of information security standards such as ISO 27001 and policies related to national data centers are the main recommendations to strengthen this industry. Apart from that, the Non-Tax State Income (PNBP) scheme for mutual fund transactions can be an alternative source of state income while increasing industry supervision. With stronger regulatory improvements and appropriate economic strategies, the mutual fund industry in Indonesia can continue to develop sustainably, create investor confidence, and contribute to national economic growth. This research also provides recommendations for PNBP schemes that can be applied regarding mutual fund transactions.