India Post and AMFI sign MoU to simplify KYC for over 24 crore mutual fund investors via 1.64 lakh post offices.

• Streamlined KYC aims to support 9.7 million new investors annually, boosting financial inclusion across India’s vast network.
• DoP to collect documents and verify KYC, ensuring compliance for the growing mutual fund investor base via KRAs.
• AMFI facilitates smooth onboarding for all member AMCs, enhancing operational efficiency and investor experience nationwide.