The agreement, signed during AMFI’s 30th Foundation Day in Mumbai, will allow India Post to act as a distributor for mutual funds. With its network of 1.64 lakh post offices, the DoP will help expand access to investment products in rural and semi-urban areas where penetration has been limited.
The MoU was signed by Manisha Bansal Badal, General Manager (Business Development), DoP, and V N Chalasani, Chief Executive, AMFI, in the presence of SEBI Chairman Tuhin Kanta Pandey.
Under the arrangement, postal staff will function as mutual fund distributors, assisting customers in smaller towns and villages to start investing.
The pact, valid until August 21, 2028, includes provisions for renewal and safeguards for investor data and service delivery.
This comes a month after DoP and AMFI signed another MoU in July 2025 to simplify the Know Your Customer (KYC) process for mutual fund investors. That agreement allowed individuals to complete KYC at post offices, where staff assist with form filling, verification of documents, and forwarding them to fund houses.
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