1. Which of the following statements with respect to KYC is true in case of mutual fund investments in the name of a minor?
2. Which of the following needs to be provided additionally in case of investments in the name of a minor?
3. After minor attains majority, who can operate the investment in minor's name?
4. An investor below the age of ___ is considered to be minor for the purpose of investments
what happens when a minor turns 18?
Watch this investor education video by Moneykraft to learn more about investment by a minor, and what happens when the minor turns major.
minors as investors, mutual fund investing, mutual fund operations
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Can you changeyour mutual funddistributor?
Assets underManagement or AUM
How issecurities transactiontax paid in a mutual fund?
What happens ifthere is no nomination?
Why do debtfunds attract a dividenddistribution tax?
Why are mutualfunds efficient forsaving taxes?