Yes, for stocks you can open a demat account for a minor. Minors can't buy stocks so you'll have to transfer ir gift stocks from your demat account to theirs. Zerodha offers this and a quick google search will get you the needed info. For mutual funds, you don't need a demat account. You can open a folio for a minor to invest in MFs even if you don't have a demat account. The minor needs a bank account with you as guardian, and their MF folio will also have you as guardian.
despite its low star rating on VR, I think its a good option for an aggressive MAAF. reason is it has a substantial allocation to US equity, apart from India equity. so for someone who wants an equity-heavy MAAF, with international exposure, it seems to be a good option.
any 4 or 5 star rated fund in those categories on the valueresearch website are good to check out. just as an example, Parag Parikh Flexicap Fund and Nippon India Multi Cap Fund are both 5 star rated.
Can I open minor demat account to buy Stock and MFs? And how can I start investment for minor separately?
Yes, for stocks you can open a demat account for a minor. Minors can't buy stocks so you'll have to transfer ir gift stocks from your demat account to theirs. Zerodha offers this and a quick google search will get you the needed info. For mutual funds, you don't need a demat account. You can open a folio for a minor to invest in MFs even if you don't have a demat account. The minor needs a bank account with you as guardian, and their MF folio will also have you as guardian.
As you said maaf is good for 2025 what is your view on motilal oswal asset allocation passive fund of fund aggressive ?
despite its low star rating on VR, I think its a good option for an aggressive MAAF. reason is it has a substantial allocation to US equity, apart from India equity. so for someone who wants an equity-heavy MAAF, with international exposure, it seems to be a good option.
Can you please suggest some gud flexcap fund or multi cap since I have time horizon of more than 7 years
any 4 or 5 star rated fund in those categories on the valueresearch website are good to check out. just as an example, Parag Parikh Flexicap Fund and Nippon India Multi Cap Fund are both 5 star rated.