{"id":369482,"date":"2024-01-24T17:00:45","date_gmt":"2024-01-24T11:30:45","guid":{"rendered":"https:\/\/zerodha.com\/z-connect\/?p=369482"},"modified":"2026-02-27T16:24:55","modified_gmt":"2026-02-27T10:54:55","slug":"open-a-zerodha-account-for-your-kids-and-invest-together","status":"publish","type":"post","link":"https:\/\/zerodha.com\/z-connect\/featured\/open-a-zerodha-account-for-your-kids-and-invest-together","title":{"rendered":"Open a Zerodha account for your kids and invest together"},"content":{"rendered":"

Knowing how to manage money is an important life skill, but most Indians aren\u2019t equipped to manage their own finances. This is partly because schools and colleges don\u2019t teach us anything about money. When people start earning, they are in the dark and make simple mistakes they could\u2019ve avoided, or worse yet, fall prey to fraudsters and scammers.\u00a0<\/span><\/p>\n

One of the best ways to teach your child about the basics of money is to get them involved early. <\/span>This is because we learn some of our most important money lessons when we are young\u2014lessons that stick with us for life<\/span>. Helping Indians learn how to manage their money is a cause that is near and dear to all of us at Zerodha. We\u2019ve been doing this for well over a decade through Varsity Modules, Varsity videos, offline workshops at schools and colleges, and through Zerodha YouTube, Zero1, Z-Connect, TradingQnA, etc. We even launched Rupeetales and the Varsity Junior video series for kids.\u00a0<\/span><\/p>\n

The one thing we also wanted to do was help parents save and invest in a simple and easy way for their kid\u2019s future. We\u2019re happy to announce that you can now open a Zerodha account for your kids online and invest in stocks, mutual funds, and bonds with your kids. To encourage more parents to invest together with their kids, we made minor demat account opening free<\/a> and are also waiving off the Annual Maintenance Charges<\/a> (AMC).\u00a0<\/span><\/p>\n

How does it work?<\/h3>\n

You are in control<\/h4>\n

As a guardian, you are in full control of the minor’s Zerodha account. Minors cannot buy securities on their own. They can only track their portfolio and sell holdings. You can either gift securities to the minor, or the minor can request you to buy securities and then gift them. You can buy stocks, mutual funds, exchange-traded funds (ETFs) government bonds, and sovereign gold bonds on behalf of your kid and then gift them.\u00a0 Intraday and F&O trading are not allowed in minor accounts.\u00a0\u00a0<\/span><\/p>\n

Track both your portfolio and the minor\u2019s account<\/h4>\n

You can also track both your portfolio and your kid\u2019s portfolio together with the Family Accounts feature on Console. This makes it easier for you to plan your kid\u2019s goals.\u00a0<\/span><\/p>\n

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How to open an account?<\/h3>\n

We\u2019ve published a video with a detailed walkthrough of online account opening process.<\/span><\/p>\n