This study aims to analyze the effect of the influence of Bank Indonesia (SBI), earnings per share (EPS), the composite price index (IHSG), the Kuala Lumpur stock exchange (KLSE), and return on assets (ROA) on the level of stock mutual funds. using a share mutual fund company registered with the Financial Services Authority. The data used are secondary data in the form of Net Asset Value for the 2015-2018 period. The data technique used was purposive sampling. The data analysis technique used is descriptive statistics, classic assumption test, multiple regression analysis, suitability test and hypothesis testing. The results showed that Bank Indonesia Certificates (SBI) had an effect on the level of increase in equity funds, that earnings per share (EPS) had no effect on the rate of increase in equity funds, the composite stock price index (IHSG) had an effect on the level of increase in equity funds, Kuala Lumpur Stock Exchange ( KLSE) has no effect on the level of equity mutual funds increase, return on assets (ROA) has no effect on the level of effect of stock mutual funds