New Delhi, Dec 12 (IANS) The Bombay Stock Exchange (BSE) on Friday signed a memorandum of understanding (MoU) with the Department of Posts to enable distribution of mutual fund products through India Post’s extensive postal network.

Under the three‑year agreement, selected employees and agents of the Department of Posts will be trained and onboarded as certified mutual fund distributors to offer products and investor services via the BSE’s StAR Mutual Fund platform, the statement said.

The StAR MF platform handles more than 85 per cent of exchange‑based mutual fund transactions and records over 7 crore transactions monthly — to extend investor access into rural and semi‑urban areas.

The Department of Posts, with over 1.64 lakh post offices across the country, can enable last-mile access

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