A new and effective initiative is being launched to promote mutual fund investment in the country. Now the post department, the post office, will also be a means of selling mutual funds. The Association of Mutual Funds in India (AMFI) and India Post have signed a major agreement for this. The purpose of this step is to provide investment to the general public, especially those who have far away from it.
The agreement between the Post Department and the AMFI has come into force from August 22, 2025 and will run until August 21, 2028. It can also be extended. Under this, India Post will now sell mutual fund products and help people with the investment process. The largest beneficiaries of the scheme will be people living in small cities and villages, where access to mutual funds has been limited so far.
The government believes that the post office is an organization that people trust and whose attendance is in every corner of the country. This trust and reach will now be used to increase financial literacy and investment.
Under this scheme, about one lakh postmen and rural postal employees will be trained as mutual fund distributors. That is, the same postman who was now delivering money and money will also provide information about investing in a mutual fund and help in the process. This step will not only provide a new role to postal employees, but also financial services to each house.
AMFI CEO Venkat N. Chalsani said the initiative will start from four states – Bihar, Odisha, Andhra Pradesh and Meghalaya. Here, students and youths of the college will also be trained to become mutual fund distributors. The target is to prepare about 20,000 new distributors in the first year. About 30,000 new distributors join the mutual fund industry every year, but the durable number is about 10,000. To overcome this scarcity, focus is now being focused on rural and urban India.
In the last few years, the number of people investing in mutual funds has increased rapidly through SIP, a systematic investment plan. But still, in most parts of India, especially in rural and small cities, people are unaware of or investing in mutual funds. Now this facility will reach their homes via the post office. People will now be able to go to the post office near them and make investments, not just information. This will give millions of people a chance of financial planning which has been deprived of it so far (Note: The information provided here is only for your information. It is necessary to consult the experts before making any investment.)
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