Their win also mean that Sunrisers Hyderabad, who are also 16 points will qualify for play-offs even if they lose to Kolkata Knight Riders in their final group league game tomorrow.
Chasing a stiff target of 173, Lions hunted down the formidable Mumbai outfit in 17.5 overs with their skipper Suresh Raina (58 off 36 balls) again showing that when it comes to IPL big games, he simply has no peers.
If Raina and McCullum started the carnage, it was Dwayne Smith (37 no, 23 balls), who successfully completed the chase with a flourish hitting with four boundaries and two sixes in company of Ravindra Jadeja (21 no in 15 balls)
His innings was laced with eight fours and two sixes as it took Lions to 18 points which ensured that they would be among the top two teams in the four-team play-offs.
For MI, it will all depend on the results of Sunday's double headers as they now have to pray that KKR lose against Sunrisers Hyderabad to help them get another shot at the title.
Mumbai Indians started well with R Vinay Kumar trapping Aaron Finch (0) leg before with a delivery that straightened after pitching.
However there were no reasons to smile after Finch dismissal as Raina and McCullum -- two of the most explosive players took the MI attack to the cleaners with some decisive hitting.
The scored at a brisk rate taking minimal risks as the right-left combination matched each other stroke for stroke.
It was McCullum, who hit the first boundary off Jasprit Bumrah with a drive through mid-off. Having helped himself with another clip off pads off Vinay's bowling, the former New Zealand captain was in his element when Krunal Pandya with his flat left-arm orthodox was introduced into the attack.
Bumrah, Harbhajan all lost their lengths and were punished by McCullum. He was finally bowled by a Harbhajan off-break having hit eight fours and a six.
But there was no stopping Raina as he played his trademark lofted cover drives, whipped off deliveries behind square completing his half-century in 30 balls.
The MI bowlers tried to pepper the Lions captain with short deliveries but he was equal to the task as he slashed one off Mitchell McLenaghan over third man for a six apart from three fours from the same over. Raina's second six was over deep mid-wicket off Bumrah's bowling.
(REOPENS DEL 62)
Delhi youngster Nitish Rana played the most eventful innings of his nascent career as his scintillating 70 enabled Mumbai Indians post a competitive 172 for 8 against Gujarat Lions after being put into bat.
Left-handed Rana blasted the Lions attack to hit seven fours and four sixes in only 36 balls. There were useful contributions from skipper Rohit Sharma (30 off 17 balls), Jos Buttler (33 off 31 balls) at the top of the order.
For Lions, Dwayne Bravo was the best bowler on view with figures of 2/23 in 4 overs with 10 dot balls to his credit. Praveen Kumar (2/24 in 4 overs) was also impressive.
Mumbai Indians did lose momentum after Rana's dismissal as the last three overs produced only 19 runs and they lost four wickets in the bargain. Hardik Pandya (7, 8 balls) wasted precious deliveries at the end.
The MI innings was all about young Rana's coming of age in his first season of IPL cricket (he was in MI squad last year but did not get a chance) and showing that he is one of the cleanest hitters among emerging T20 players in the country.
With fetish for pulling anything short, Rana started by pulling Dhawal Kulkarni towards square leg and then played a few singles.
His first release shot was a a slog sweep as he dragged a Ravindra Jadeja delivery over long-on for his first six.
He then muscled Dwayne Smith over 'Cow Corner' for his second six. The third six was another slow sweep this time off Shadab Jakati while fourth was off Kulkarni over mid-wicket.
He was finally dismissed when he failed to clear the deep square fielder Kulkarni off a Bravo slower.
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