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Can I invest in Demat for my USC kid?

Posted: Thu Feb 17, 2011 8:59 pm
by old_city_fella
I would like to invest under my kid's name in India. We are now residing in India. I have Demat account for myself. Kid is USC and is a minor. Is it possible to invest for the kid in a DEMAT account in India? Please guide. thanks.

Can I invest in Demat for my USC kid?

Posted: Tue Mar 22, 2011 9:00 am
by old_city_fella
there have been no replies to my query for the past month. I am assuming that opening a DEMAT account for a USC kid is not possible.

How do I invest for the kid's future? suggestions?
I would like the investment in the Kid's name with me as guardian.

thanks much all.