A major initiative that will completely change the financial picture of the country has begun. Now mutual funds can be purchased from every post office in India.
The Department of Posts and the Association of Mutual Funds in India (AMFI) have entered into a historic partnership, which aims to increase the reach of investment to every village. That means now there is no hassle of filling forms, no need to go to the bank, just go to the nearest post office and invest money in mutual funds.
Why is this step special?
Till now, investment options like mutual funds in India have been limited to urban and technically empowered people only. But now this facility will be extended to villages, towns and remote areas through the network of more than 1.5 lakh post offices in the country.
Its objective isto strengthen financial inclusion,teach people the habit of investing beyond saving and make the path of wealth creation easier.
When and how was this agreement signed?
On the occasion of AMFI’s 30th foundation day in Mumbai, Manisha Bansal Badal, GM (Business Development) of the Department of Posts and V.N. Chalasani, CEO of AMFI signed the MoU. This agreement has come into effect from 22 August 2025 and will remain valid till 21 August 2028. It can also be extended if needed. SEBI Chairman Tuhin Kant Pandey was also present in this program.
What will be the benefit for common people?
Direct benefit to investors: Now people will be able to make smart investments in mutual funds instead of sitting with their money stuck in FD, RD or gold. Post office employees will become guides: They will be trained in mutual fund distribution and will give correct advice to investors. Strength to rural economy: Every household in the village will be connected to investment, which will increase economic self-reliance. Opportunity to women and youth: By getting investment facility near home, women and youth will also be able to become self-reliant in the field of investment.
Data security and transparency also ensured
- – In the MoU, special care has been taken to ensure that investor data remains completely secure.
- – Service delivery will be transparent
- – Investors will get accurate information and support
- – Security measures will be implemented to prevent any kind of fraud
What is the mission of the government and AMFI?
- -To make mutual funds accessible to every citizen
- -To focus on financial growth, not just savings
- -To promote the habit of long-term wealth creation through investment
- -To spread financial literacy in every corner of India
