Equity mutual fund schemes attracted a net inflow of Rs 38,306 crore in September, rising 31 per cent from the preceding month, driven by strong investor interest in mid-cap and small-cap funds despite underperformance in the equity market.

The inflow was higher than the Rs 29,329 crore recorded in August, according to data released by the Association of Mutual Funds in India (AMFI) on Monday.