New Delhi, Feb 11: The National Stock Exchange of India (NSE) has signed a memorandum of understanding with the Department of Posts to distribute mutual fund products through India Post’s extensive network.
Over a three-year period, selected postal employees will be trained as certified mutual fund distributors, enabling them to offer these products while ensuring compliance and regulatory certifications.
This collaboration aims to improve access to mutual funds, particularly in rural and semi-urban regions, and to enhance financial inclusion by leveraging India Post’s trust and outreach alongside NSE’s expertise. The initiative will roll out in phases, starting with a pilot in select locations.
