New Delhi, Oct 24 (IANS) As much as 19 per cent of the assets of the Indian mutual fund industry came from beyond the top 30 cities (B30 locations) in September 2025, a report said on Friday.

Assets from B30 locations increased from Rs 14.14 trillion in August to Rs 14.50 trillion in September, representing a growth of 2.6 per cent. While on a year-on-year (YoY) basis, the same rose by 15 per cent.

“Meanwhile, Assets from top 30 cities (T30 locations) also grew 14 per cent YoY basis in Sep 2025,” ICRA Analytics said, citing data from the Association of Mutual Funds in India (AMFI).

According to the report, the B30 location continued to tend towards equity assets.

Nearly 76.60 per cent of the assets from B30 locations are in equity schemes and 9.12 per cent in balanced schemes in Septem

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