Biggest Updates: BSE and India Post MoU to Expand Mutual Fund Access Nationwide
BSE signs MoU with Department of Posts to distribute mutual funds through India Post’s 1.64 lakh post offices, boosting financial inclusion across India.
New Delhi: BSE, Asia’s oldest stock exchange and India’s leading platform for financial products, has signed a Memorandum of Understanding (MoU) with the Department of Posts (DoP) under the Ministry of Communications to expand access to mutual fund products across India.
Under this partnership, mutual funds will be distributed through India Post’s vast network of over 1.64 lakh post offices, helping reach investors in rural, semi-urban, and underserved areas of the country.
Strengthening Financial Inclusion
BSE’s StAR MF platform, which handles over 85% of exchange-based mutual fund transactions in India and processes more than 7 crore transactions every month, will be integrated with India Post’s physical network. This combination of digital strength and nationwide reach is expected to significantly boost investor participation and financial awareness.
Training Postal Employees as Mutual Fund Distributors
As part of the MoU, selected Department of Posts employees and agents will be trained and onboarded as certified mutual fund distributors. They will be able to offer mutual fund products and investor services through BSE’s StAR MF platform.
The agreement will remain valid for three years from December 12, 2025, with an option for renewal.
Leadership Views
Speaking on the occasion, Shri Sundararaman Ramamurthy, MD & CEO, BSE, said the partnership reflects the Government of India’s vision of using India Post as a driver of inclusive growth. He added that combining BSE’s technology-driven platform with India Post’s trusted network will help millions of citizens access investment opportunities and improve financial literacy.
Ms. Manisha Bansal Badal, GM (CCS & RB), Department of Posts, said the collaboration aligns with India Post’s commitment to delivering financial services to the remotest corners of the country. She noted that India Post’s trusted relationship with citizens will help introduce modern investment solutions and strengthen inclusive and sustainable growth.
Boost for Mutual Fund Penetration
This initiative is expected to increase mutual fund penetration in Tier-2 and Tier-3 cities, improve investor confidence, and support India’s broader goal of building a financially empowered society.