New Delhi, Oct. 10 -- India's mutual fund market has experienced remarkable growth in recent years, driven by increasing investor participation. The mutual fund industry's assets under management (AUM) grew sixfold in a span of 10 years to Rs.75.19 trillion in August.

Yet, beneath these impressive numbers lies a tale of two Indias: one where sophisticated urban investor drives exponential growth, and another where millions of potential investors remain locked out of the wealth creation journey.

The great divide: Where growth really comes from

While tier-I cities have long dominated mutual fund investments, the real story emerging today is the gradual awakening of beyond top 30 (B30) locations - a classification that encompasses all cit...