Minor's Investment Options in Equity and Mutual Funds

Can a minor invest in mutual fund segment?

Yes, minors can invest in mutual funds at FYERS. Their Demat and bank accounts must be operated by a guardian, who will manage the account until the minor reaches adulthood. Additionally, minors can invest in mutual funds through FYERS Direct, providing an easy and convenient option for investment.


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    • What is the procedure to open a minor account in FYERS?

      You, as a guardian, can now open your child’s Demat account with us, which is entirely online and paperless, provided you have a Demat account in Fyers. The procedure to do so is as below: Log in to the My Account Portal and go to the ‘Manage ...

    • What are the fees associated with a minor's account?

      For the minor's Demat account, there are no account opening charges, and we also do not levy any Annual Maintenance Charges (AMC). However, DP (Depository Participant) charges amounting to 12.5+GST will apply when selling Equity or Mutual Funds.

    • Can NRIs trade in the F&O segment?

      Absolutely, NRIs have the privilege to trade in the Equity F&O (Futures & Options) segment when they open an NRO Non-Portfolio Investment Scheme (Non-PIS) Account. FYERS takes pride in being among the select brokerages that enable NRIs to actively ...

    • What happens to a minor's Demat account when the minor becomes major?

      Once a minor reaches the age of majority, the Demat account doesn't automatically transition to an adult account. To keep it operational, we recommend the individual declares the balance and resubmits their KYC details, completing the e-signing ...

    • Is a minor Demat eligible for corporate actions?

      Yes, a minor can benefit from all corporate actions in his/her Demat account. These corporate actions include dividends, buybacks, rights issues, bonus issues, and stock splits. Note: While the Demat account is in the minor's name, it is managed by ...