Demat Account For Child

Demat Account for Minors in India {{now.year}}: How to Open One for Your Child, Rules & Tax

You can open a demat account for a child in India, operated by a parent/guardian. It can hold and buy delivery shares — but no intraday, no F&O, no margin. Here is the full process, the conversion at 18, and how minor income is taxed (Sec 64(1A) clubbing + Sec 10(32) exemption).