BRI-MI’s BRIF Mutual Fund Wins Product Enhancement of The Year 2024 Award
Jakarta. The BRI Balanced Regular Income Fund (BRIF), a mutual fund flagship product from the investment manager, BRI Manajemen Investasi (BRI-MI), recently took home an award at the 2024 Marketeers Editor’s Choice Award.
The award acknowledges BRIF for implementing product enhancement strategies and well-focused marketing, which both have led to a significant jump in its assets under management (AUM) throughout the year 2024.
According to BRI-MI’s President Director, Tina Meilina, product innovations are key in keeping customers satisfied.
"We are grateful to our investors who have placed their trust in BRIF mutual funds. This award inspires us to continuously innovate and improve our product performance to benefit our investors," Tina was quoted as saying in a recent press statement.
Innovations and focused marketing strategies prove the company’s commitment to providing optimal investment products for investors. In June 2024, BRIF became the fixed-income mutual fund product with the highest AUM in Indonesia. It saw an AUM year-to-date growth of 14.61 percent.
"As of August 31, 2024, BRIF products recorded a growth in managed funds of 32.39 percent year-on-year [yoy]. The growth of single investor identification [SID] grew 22 percent yoy in the same period. This shows that BRIF mutual fund products are increasingly trusted and in demand by investors in Indonesia," Tina said.
BRI-MI first launched BRIF in July 2019. BRIF offers regular monthly dividend payments, providing investors not only with returns from their investments but also with a steady income stream. Investors not only get returns from their investments, but can also enjoy dividends from this mixed asset class mutual fund.
BRIF is also a product that is in sync with Bank BRI, according to BRI-MI. The said BRI-MI product saw a 2,214 percent growth of AUM by end-2023. The product's investment strategy that allocates managed funds to several types of instruments reflects investment management that prioritizes the potential for optimal returns balanced with measurable risk management, thus providing an investment experience that is familiar with savings products.
To find out more about BRIF, check out the BRI-MI digital investment app, investASIK, or go to www.bri-mi.co.id.
Tags: Keywords:Related Articles
Danantara to Merge Four State-Owned Asset Managers Into One
Danantara has taken control of four state-owned asset managers and plans to merge them into a single firm overseeing more than Rp170t.The Latest
Chandra Asri Group Receives Trade Finance Excellence Award, Reinforcing Its Role in Indonesia’s Industrial Development
Chandra Asri Group receives the Trade Finance Excellence Award at CIMB Niaga Business Summit 2026.AEON MALL Deltamas Brings 11 Sports and Creative Competitions to AEONLYMPIC 2026
AEON MALL Deltamas hosts AEONLYMPIC 2026, featuring 11 sports and creative competitions, with more than 3,100 participants.Indonesian Stocks Extend Losses for Third Day, Fall 3.64% to 4,996
Indonesian stocks fell 3.64% on Monday, extending losses for a third straight session amid MSCI concerns and tighter trading limits.Prabowo Calls Meeting on Forest Fires as Haze Reaches Jakarta, Singapore
Prabowo summons senior officials to discuss forest fires as smoke reaches Jakarta and Malaysia pushes for regional action.Jakarta Outranks Amsterdam in Global Public Transport Survey
Jakarta climbs two places to 15th in Time Out's 2026 public transport survey, with its governor citing better network integration.Most Popular
