Department of Posts and AMFI Sign Landmark MoU to distribute Mutual Funds via Post Offices

Department of Posts and AMFI Sign Landmark MoU to distribute Mutual Funds via Post Offices

In a significant step towards deepening financial inclusion, the Department of Posts (DoP) under the Ministry of Communications, Government of India, and the Association of Mutual Funds in India (AMFI) signed a pioneering Memorandum of Understanding (MoU) on August 22, 2025, during the 30th Foundation Day Celebration of AMFI in Mumbai.

This landmark agreement marks the beginning of a new service model where India Post will act as a distributor to facilitate mutual fund investments through its extensive postal network, particularly benefitting citizens in rural and semi-urban areas. The initiative aims to broaden access to mutual fund products, leveraging the trust and reach of post offices across the country.

Signing of MoU between DoP and AMFI at Mumbai

The MoU was formally signed by Ms. Manisha Bansal Badal, General Manager (Business Development), Department of Posts, and Shri V N Chalasani, Chief Executive, AMFI in the august presence of Shri Tuhin Kanta Pandey, Chairman, SEBI.

Under this agreement, DoP staff will function as mutual fund distributors to enhance mutual fund penetration in smaller towns and rural regions where access to structured financial products has traditionally been limited. India Post has an extensive presence in rural and semi-urban regions across the country, where awareness about mutual fund investments remains relatively low.

This partnership is a testament to DoP’s commitment to financial inclusion and penetration in the remotest corners of the country while reinforcing AMFI’s vision of fostering a professional and investor-friendly mutual fund ecosystem in India.

The MoU is valid for three years starting Aug 22, 2025 to Aug 21, 2028, with provisions for renewal. It includes comprehensive safeguards for investor data and service integrity, setting a new benchmark for operational excellence in India’s financial services landscape.

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