Yes, a minor can invest in mutual funds but only with the representation of a legal guardian or parent. The minor must be the sole account holder and can’t be a joint account, and since a minor is not allowed to make financial decisions on their own, a parent or guardian can act as the custodian of the minor’s account. The guardian must either be a natural guardian (i.e., a parent) or a court-appointed legal guardian.
Tata Motors shares down 42% from peak: Should you buy the dip in this auto major’s stock?
Tata Motors faces investor patience test as it trades at a significant discount. Technically range-bound, analysts suggest monitoring key levels for potential breakouts. JLR’s tariff