The National Stock Exchange of India (NSE) and the Department of Posts have signed a pivotal MoU to expand the reach of mutual funds nationwide. Announced on Tuesday in New Delhi, the deal leverages 1.64 lakh post offices to serve as access points for retail investors. The partnership involves certifying postal staff through NISM and providing them access to NSE’s digital platform for seamless mutual fund transactions. This initiative is a major step toward financial inclusion, aiming to bring capital market products to rural and semi-urban areas. Shriram Krishnan of NSE emphasized that the goal is to create a compliant and investor-centric distribution system, making wealth creation accessible to every segment of the Indian population.
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Mutual Fund Access for All: NSE and India Post Strategic Alliance
