AMFI Data Highlights Growth in Multi-Asset and Metal Funds

“The AMFI September data highlights a steady yet insightful shift in investor preferences. The mutual fund industry added 40 lakh folios in the month, with total AUM inching up from ₹75.18 lakh crore to ₹75.38 lakh crore, reflecting continued investor engagement. Systematic Investment Plan inflows remain robust, signalling confidence in disciplined, long-term wealth creation.

A standout trend is the growing appetite for precious metals. Gold ETFs recorded a remarkable incremental addition of about ₹8,500 crore, taking total AUM past the ₹90,000 crore mark. Silver ETFs, too, attracted significant attention from new investors, highlighting a diversification shift towards metals. This momentum is mirrored in multi-asset allocation funds, which saw nearly ₹5,000 crore inflows, largely driven by gold and silver allocations.

Global macro factors underpin this trend. Anticipated interest rate cuts, stubborn inflation, slowing global growth, and persistent geopolitical tensions are driving investors towards safe-haven assets. Fresh investments by central banks in gold and silver, coupled with record flows in bullion ETFs, further reinforce this demand.

The September data underscores the increasing role of precious metals in long-term wealth diversification. For investors, it’s a reminder that balancing traditional equity and debt hybrid strategies along with strategic asset allocation to metals can strengthen portfolios against economic uncertainties, while tapping into avenues for long term growth."