Stock markets globally may have suffered a rocky third quarter, but investors pouring money into equity funds came out broadly in the green, data from Lipper Research show.
For the third quarter, 89 out of 95 equity and mixed-equity mutual fund segments posted gains, Lipper data showed, with equity funds gaining 7.32 percent on average, marking a fifth consecutive quarter of gains.
Despite concerns over potential U.S. military action in Syria and expectations the Federal Reserve might soon begin tapering its asset purchases, world equity funds were the best performers out of four broad macro classes, climbing 8.46 percent for the quarter, followed by U.S. diversified equity funds, up 7.31 percent, the report said.
(Read more: US equity funds see highest-ever inflows in July)
However, not all funds were winners; funds dedicated to selling stocks short dropped 12.83 percent in the quarter, while Indian region funds shed 7.79 percent and real-estate funds slipped 2.64 percent, it said. But there was some bounceback in the quarter's final month, with Indian-focused funds adding 9.85 percent in September.
Investors collectively shrugged off some markets' wild summer swings, putting a net $88.8 billion worth of assets into conventional mutual funds in the quarter, preliminary data show. Equity exchange-traded funds, or ETFs, took in a net $46.4 billion, it said.
Around $42 billion was pulled out of taxable fixed income funds and municipal bond funds, while around a net $800 million flowed out of municipal-debt ETFs, it said.
(Read More: So much for that pullback idea: Stocks keep climbing)