DoP and NSE Sign MoU to Expand MF Access Across India
In February 2026, the Department of Posts (DoP), also known as India Post under the Ministry of Communications, signed a three-year renewable Memorandum of Understanding (MoU) with the National Stock Exchange of India Limited (NSE) to enable distribution of Mutual Fund(MF) products through India Post’s extensive network.
Key Details of MoU:
Access: Under the partnership, India Post will utilise its network of over 1.64 lakh post offices to enable MF investments through the NSE MF Invest platform, which offers end-to-end services including electronic Know Your Customer (e-KYC), investor onboarding, transactions, and back-office integration.
Phased Rollout: Implementation will occur in phases, initially offering simple ‘Do-It-Yourself(DIY)’ investment options and subsequently expanding to provide access to a comprehensive mutual fund ecosystem.
Training: Selected DoP employees will be trained and onboarded as certified MF distributors, requiring mandatory National Institute of Securities Markets (NISM) certification and Employee Unique Identification Number (EUIN) registration before offering services.