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  • News From Press Investing in your child’s name? When she turns 18, change the status of her mutual fund folios to major

    Investing in your child’s name? When she turns 18, change the status of her mutual fund folios to major

    Source: Moneycontrol Nov 20, 2020

    Some investors invest in mutual funds via a minor’s name. Usually, the minor would be their child. They assume that the amount invested in the child’s name remains untouched even during tough financial times. But once your child turns 18, it’s important that you change the status of that investment. Here’s how you should do it.

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