I talk to many brokers. No one is willing to open a trading account for a minor. Even I spoke to Sharekhan and they told me that demat account can be opened but not a trading account. That means we can buy but not sell the shares in a demat account of a minor.
I asked in integrated they said u can open minor dmat account but not trading account. Only shares u can buy but cannot sell. Will you reply us then why you have written that u acne open both dmat and trading account.
Hi Mr Manish, Please contact ProStocks.com. They are fast growing discount broker. They offer Minor Trading and Demat account. Their demat AMC is free too with one time refundable deposit of Rs 1000.
You can get more detail at: https://www.prostocks.com/faq/12-account-opening/21-can-minor-open-the-account-with-prostocks.html