Definition
Indian mutual-fund distribution term – Shorthand for India's "Beyond Top 30" cities: every city outside the 30 largest urban centers (T30), used by India's mutual-fund regulator (SEBI) and asset managers to track how much retail investment is reaching smaller towns versus the already-penetrated metro markets. A high B30 share of AUM signals genuine geographic reach into under-penetrated markets, not just growth concentrated in existing metro customers. Found In: AMC disclosures, earnings calls (India asset management)