KIC Survey: Bibit Becomes Indonesia's Favorite Mutual Fund App

A survey by the Katadata Insight Center (KIC), in collaboration with Sisi+ and *Zigi.id*, reveals that Bibit is the most popular app for mutual fund investments. 71.9% of respondents in this survey reported using Bibit for their investment needs.

Bareksa ranked second with 22.8% usage. IpotFund, owned by Indo Premier Sekuritas, came in third with 10.5% usage.

TanamDuit and Raiz ranked fourth and fifth, respectively. 10.1% of respondents reported using TanamDuit, and 7.9% reported using Raiz.

The majority of respondents (75.6%) also reported purchasing mutual funds through online applications. 24.1% purchased through e-wallets, 18.4% through marketplaces, and 10.5% through banks.

The survey also inquired about platforms used to purchase bonds and forex. The complete survey report, including all respondent choices and an analysis of young investors' behavior, can be downloaded at https://katadata.co.id/platform-investasi.