1. Which of the following needs to be provided additionally in case of investments in the name of a minor?

2. After minor attains majority, who can operate the investment in minor's name?

3. An investor below the age of ___ is considered to be minor for the purpose of investments

4. Which of the following statements with respect to KYC is true in case of mutual fund investments in the name of a minor?

How can minors invest in mutual funds?

what happens when a minor turns 18?

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Watch this investor education video by Moneykraft to learn more about investment by a minor, and what happens when the minor turns major.

AUTHOR(s):Shreeja Thirani

Tags

minors as investors, mutual fund investing, mutual fund operations

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