Regulatory approvals have enabled NCDEX to launch a new mutual fund platform aimed at strengthening distribution across Tier-2 and Tier-3 regions. The initiative is expected to improve last-mile accessibility for retail investors by expanding digital onboarding and reducing operational overheads for small distributors. Analysts say the move can deepen penetration of systematic investment plans and diversify investor participation. The platform is positioned to compete with existing MF utilities and fintech channels, though long-term uptake will depend on integration efficiency and distributor adoption.