BOI Mutual Fund, Motilal Oswal Mutual Fund, and PGIM India Mutual Fund registered the highest B30 AUM growth in five years, reflecting strong retail participation and systematic investment plan contributions. Analysts attribute the surge to robust investor confidence in disciplined, long-term fund strategies. These funds strategically increased cash equivalents to manage liquidity, meeting redemptions efficiently. The performance highlights growing adoption of mutual funds beyond metro markets, as financial literacy spreads and smaller investors increasingly access diverse schemes aligned with risk profiles.