Minor as MF investor

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

A minor as a mutual fund investor is a person below 18 years of age who invests in units of SEBI-registered mutual fund schemes through a natural or legally appointed guardian. Minors cannot execute legal contracts in their own name under the Indian Contract Act, 1872 (a contract with a minor is void ab initio); therefore, all investment transactions in a minor’s folio are executed by the guardian on behalf of the minor. The folio is in the minor’s name, with the guardian as the operating authority until the minor attains majority.

Minor Folio on WebNotes

Minor as MF investor