NCDEX launches Nidhi mutual-fund platform for rural and semi-urban investors
NCDEX has entered mutual-fund distribution with NCDEX Nidhi, a UPI-enabled platform using its network of 700-plus FPOs and 200 broker organisations. Six fund houses are onboarded, with about 20 more AMCs expected by end-August.
NCDEX launched NCDEX Nidhi, a mutual-fund distribution platform targeting rural and semi-urban India through its FPO and broker network. The UPI-enabled platform has six AMCs onboarded and aims to expand access for first-time investors beyond major cities.
Why this matters
No related recent NCDEX signals are provided. The Nidhi launch extends NCDEX from commodity-market infrastructure into mutual-fund distribution through rural and semi-urban networks.
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