Investing early can secure a child's future. Parents and guardians can start a Systematic Investment Plan (SIP) in a minor's name. Here’s how to do it.
Eligibility and requirements
A minor SIP account can be opened by a parent or a court-appointed legal guardian.
The minor must be below 18 years of age at the time of folio creation.
Only the guardian can operate the folio on behalf of the minor.