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.
Divi’s Laboratories shares gain another 5% after Q2 results. Here’s why Jefferies raised target price by 23%
Shares of Divi’s Laboratories jumped 5% following a 64% YoY surge in Q2 FY27 net profit to Rs 1,127 crore. Brokerage Jefferies raised its target