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NCDEX Plans Digital Mutual Fund Platform: Aims for Tier-2/3 Market Reach
NCDEX plans to launch a digital mutual fund platform by April 2026, focusing on Tier-2/3 markets with a ₹15 crore investment and initial partnerships with five AMCs.
NCDEX has announced its plans to launch a digital mutual fund distribution platform with an investment of ₹15 crore. The platform aims to bring mutual fund offerings to Tier-2 and Tier-3 markets through sub-agent FPOs. NCDEX plans to partner with at least five of the 50 AMCs in the first phase. Pending SEBI clearance, the platform is expected to launch by April 2026.