An individual can invest in any mutual fund scheme on behalf of a child under 18 years old without any restrictions on the investment amount. The child will be the sole holder in the folio, with no joint holders allowed.
Source: Times of India/TOI
An individual can invest in any mutual fund scheme on behalf of a child under 18 years old without any restrictions on the investment amount. The child will be the sole holder in the folio, with no joint holders allowed.
Source: Times of India/TOI