Department of Posts and NSE Sign MoU to Expand Mutual Fund Access Across India

New Delhi, February 10, 2026: The Department of Posts (DoP), Ministry of Communications, and the National Stock Exchange of India Limited (NSE) today signed a Memorandum of Understanding (MoU) to enable distribution of mutual fund products through India Post’s extensive network of over 1.64 lakh post offices across the country.

The collaboration aims to enhance last-mile access to mutual fund products, particularly in rural and semi-urban areas, by combining the trust and reach of India Post with NSE’s robust digital platform for mutual fund transactions. This initiative aligns with the Government of India’s vision to deepen financial inclusion and broaden participation in capital market-linked financial products.

Under the MoU, selected employees of India Post will be trained and certified as mutual fund distributors. They will be authorized to offer mutual fund products and related investor services through NSE’s mutual fund platform, subject to mandatory NISM certification and EUIN registration. The MoU will remain in effect for three years, with the possibility of renewal by mutual consent.

Speaking at the signing ceremony in New Delhi, Ms. Manisha Bansal Badal, General Manager (Citizen Centric Services & Rural Business), Department of Posts, said, “This partnership with NSE will enable India Post to offer modern investment solutions to its customers while maintaining the highest standards of investor protection, transparency, and regulatory compliance.”

Shri Sriram Krishnan, Chief Business Development Officer, NSE, added, “By leveraging India Post’s vast physical presence and NSE’s digital mutual fund platform, we aim to create a transparent, compliant, and investor-friendly distribution ecosystem that reaches citizens across the length and breadth of the country.”

The MoU will be implemented in phases, starting with a pilot program covering selected locations. The initiative is expected to strengthen investor confidence, increase mutual fund penetration in Tier-2 and Tier-3 cities, and contribute to building a financially empowered society.