Demat Account for Minor

Zerodha allows minors to open demat accounts, which can be used for selling equities and mutual funds. While selling, will the capital gain be attributed to the minor or calculated under the guardian’s name? Is there any tax benefit associated with minor’s demat account?

Hey @S_kumarP,

I’ve written in detail about this here:

Lemme know if you have any further queries on this.

1 Like