Yes, Angel One offers Demat accounts for Hindu Undivided Families (HUF). This allows HUFs to open a dedicated Demat account in the name of the family for managing investments together in a transparent and efficient manner.

What Is HUF Demat Account?

A HUF Demat account is an account opened in the name of a Hindu Undivided Family. It enables the Karta (head of the HUF) to manage shares, mutual funds, and securities on behalf of the family. This account helps HUFs invest collectively under one entity, keeping family wealth organized.

Who Can Open HUF Demat Account with Angel One?

The Karta (usually the senior male member of the HUF) can open the account on behalf of the family. All members of the HUF benefit from the investments made through this account, though only the Karta operates it. This setup allows pooling funds and managing investments collectively.

What Documents Are Needed?

To open an HUF Demat account, you need:

• HUF PAN Card
• PAN Card & Aadhaar of the Karta
• HUF declaration or family tree proof
• Bank account details (cancelled cheque)
• Passport photo of the Karta

How to Open HUF Demat Account with Angel One?

Visit Angel One’s website or app and select “HUF Demat Account.” Fill in HUF and Karta details, upload required documents, and complete e-KYC with Aadhaar OTP. Once verified, the HUF Demat account is activated, and the Karta can start investing on behalf of the family.

Benefits of HUF Demat Account

HUF Demat accounts let families invest under one roof, simplifying tracking and decisions. They help in pooling resources, tax planning, and wealth management. It keeps family investments transparent and organized, while the Karta manages everything on behalf of the HUF.