The inflows into equity mutual funds dipped nine per cent last month to ₹30,422 crore against ₹33,430 crore logged in August as investors turned cautious on the growing concern over US trade tariffs.

Bullion ETFs glitter with record inflows

Interestingly, gold and silver exchange-traded funds registered the highest ever inflows of ₹8,363 crore (₹2,190 crore) and ₹5,341 crore (₹1,760 crore), respectively, despite concern over the availability of physical bullion globally, according to the Association of Mutual Funds in India data on Friday.

Incidentally, Kotak MF has halted inflows into its Silver Fund of Funds in response to the significant market premium resulting from the scarcity of physical silver.

Venkat Chalasani, CEO, AMFI, said the availability of bullion is an issue globally,

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