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

How can minors invest in mutual funds?

what happens when a minor turns 18?

  • Level - 6,3,8,6 BASIC

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


minors as investors, mutual fund investing, mutual fund operations


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