Can I have Trading Account in the name of HUF?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Yes, HUF Karta can trade and invest in stock, commodity and currency markets similar to individual trading account. A trading and a demat account can be opened on the name of HUF.

For HUF Trading and Demat account, a HUF PAN Card and HUF Bank Account is mandatory.

Topic: HUF Account Basics Explained (Bank, Demat and Trading Account) Article

2 Comments

2. ipouck

| Link|August 29, 2023 5:23:22 PMReply

Does anyone have HUF and Individual both accounts in Kotak? Does it had any conflict with the Pan number on HUF account for applying in IPO? I have a HUF in HDFC but they show only my individual PAN which means my IPO application will be rejected for same pan on both HUF and Individual.

1. Nimesh

| Link|March 9, 2023 3:59:26 PMReply

What if clients having HUF PAN Card with written Ancestorls in place of DATE OF INCORPORATION????
How could broker open a trading account in name of that HUF Entity??

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