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.
Sebi warns of no regulatory recourse for investors trading in unlisted securities
Sebi has cautioned investors against trading unlisted securities through unauthorized websites and electronic platforms. The regulator said such platforms operate outside its oversight, leaving investors
June 17, 2026