HUF as MF investor

Tue, 12 May 2026 00:00:00 +0000

A Hindu Undivided Family (HUF) as a mutual fund investor is a distinct legal entity under Hindu personal law that may invest in units of SEBI-registered mutual funds in its own name. The HUF is neither a company nor an individual; it is a joint family body recognised under the Income Tax Act, 1961, as a separate assessable person. The Karta, the senior-most male or female member who manages the HUF, acts as the authorised representative for all investment and redemption transactions.

HUF on WebNotes

HUF as MF investor