A minor Demat account is typically held jointly by the minor and the parent or guardian. The parent's or guardian's name appears before the minor's name in the account, indicating their role as the primary account holder.

1. Benefits of Minor Demat account:
Empowering the next Generation of investors
Those Millennials who think of family planning want their family, spouse, and children's
futures to be secure when they are in their prime ages. As they grow older, both productivity
and passion for work witness a decline. So even before they take their first step toward
family planning, they anticipate future expenses and try to match their income with
family planning, they anticipate future expenses and try to match their income with
expenses or cut out unnecessary expenses.
STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION ETF SGB EVENT TRACKER
Market Hunt Derivative reports Commodity reports Margin updates Monthly Magazine Blogs
Read More
www.moneysukh.com

2. Can a Minor Open a Demat Account?
According to the Indian Contracts Act of 1872, minors are not
legally allowed to execute or be parties to financial
agreements. However, a demat account in the name of a
minor can be opened only for the sole purpose of keeping
securities under the supervision of a guardian, major, or
parent. In the case of a minor, a parent or legal guardian is
required to act as the primary party responsible for
transferring shares to the minor's Demat account as a gift. The
point to be noted here is that a minor cannot be a joint holder
point to be noted here is that a minor cannot be a joint holder
in a demat account.
STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION ETF SGB EVENT TRACKER
Market Hunt Derivative reports Commodity reports Margin updates Monthly Magazine Blogs
www.moneysukh.com
Read More

3. Features of Minor Demat Account
• Limited Control - Till the time a minor (under 18 years of age)
doesn’t turn major (usually above 18 years), he or she will
have limited control over the operability of the account. The
parent or the authorized guardian acts as the authorised
signatory and makes investment decisions on behalf of the
minor.
STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION ETF SGB EVENT TRACKER
Market Hunt Derivative reports Commodity reports Margin updates Monthly Magazine Blogs
Read More

4. A minor Demat account is typically held jointly by the minor and the parent or
guardian. The parent's or guardian's name appears before the minor's name in the
account, indicating their role as the primary account holder.
Trading Restrictions :- An account that is opened under the name of Minor
is not allowed to engage in intraday trading, short-selling, or trading in derivative
instruments. Minor account is also not eligible for buying directly from the equity
segment.
Joint Holding :-
segment.
STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION ETF SGB EVENT TRACKER
Market Hunt Derivative reports Commodity reports Margin updates Monthly Magazine Blogs
www.moneysukh.com
Read More

5. Before authorizing any transactions on the minor Demat account, the parent or guardian
must provide prior consent. This guarantees that the investments are in accordance with
the financial objectives and risk tolerance of the family of the minor.
Tax benefit : -
Earnings through the investment made through a minor demat account are considered
guardian or parent income, which is usually considered higher. The parents or guardians
whose income includes the minor's income can get a tax benefit.
Parental Consent :-
whose income includes the minor's income can get a tax benefit.
STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION ETF SGB EVENT TRACKER
Market Hunt Derivative reports Commodity reports Margin updates Monthly Magazine Blogs
www.moneysukh.com
Read More

6. Contact us:
96382-37000
Mansukh Securities and Finance Limited: SEBI Registration Number-INZ000164537 ( Members-
NSE,BSE,MCX, ),IN-DP-72-2015 ( DP-NSDL, CDSL ) Mansukh Stock Brokers Limited : SEBI Registration Number-
INZ000164937 ( Members -BSE ), IN-DP-36-2015 Mansukh Commodity Futures Private Limited : SEBI Registration
INZ000164937 ( Members -BSE ), IN-DP-36-2015 Mansukh Commodity Futures Private Limited : SEBI Registration
Number-INZ000063032 ( Members- NCDEX ) Mansukh IFSC Broking Private Limited : SEBI Registration Number-
INZ000099432 (Members- NSE IFSC, INDIA INX)Procedure to file a complaint on SEBI SCORES: Register on SCORES
portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID.
Benefits: Effective Communication, Speedy redressal of the grievances Investments in securities market are
subject to market risks; read all the related documents carefully before investing.
www.moneysukh.com
STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION

7. Related Resources
• What Is Short Covering In Stock Market & How To Identify Rally?
• Importance Of Volume In Technical Analysis: Use & Role In Trading
• What Is Short Selling & How Does It Work: Is It Good Or Bad?
• Trading or Investing Which is Better and More Profitable?
• Best Algo Trading Platform and Trading Strategies
• Best Algo Trading Platform and Trading Strategies
• Best Intraday Algo Strategy
• USD INR Options Trading Strategies
• How to Read, Analyse & Use Candlestick Chart
STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION ETF SGB EVENT TRACKER
Market Hunt Derivative reports Commodity reports Margin updates Monthly Magazine Blogs