https://v2.webnotes.in/tags/minor-to-major/Recent content in Minor to Major on WebNotesHugoen-INTue, 19 May 2026 00:00:00 +0000https://v2.webnotes.in/how-to-transition-minor-to-major-mf/Tue, 19 May 2026 00:00:00 +0000https://v2.webnotes.in/how-to-transition-minor-to-major-mf/<p><strong>Transitioning a minor MF folio to major</strong> is a critical event on the 18th birthday. The guardian&rsquo;s operational authority ends; the now-major individual takes full control. KYC, bank, and folio records must be updated. Tax clubbing under Section 64 ends; the major&rsquo;s own income is now taxed in their own name.</p> <p><strong>Conflict-of-interest disclosure.</strong> This guide is published by WebNotes Editorial Team for informational purposes. WebNotes has no commercial relationship with any AMC. No affiliate commission is earned.</p>