Yes, Angel One allows opening Demat and trading accounts for Hindu Undivided Families (HUF). HUF accounts help families invest together under their HUF entity. Both HUF and karta can operate the account, making it convenient for family wealth planning and managing shared assets.

HUF Demat accounts are ideal for families who want to invest collectively while retaining individual holdings. It supports long-term wealth creation and mutual goals. The process is digital and easy to follow, just like a regular individual account.

What Is an HUF Demat Account?

An HUF Demat account is a trading & demat account held in the name of a Hindu Undivided Family. The ‘karta’ (head of HUF) manages it, and the account represents family assets and investments under the HUF structure.

Who Can Open HUF Account?

Only HUFs with valid HUF structure (with karta and co-parceners) can open. Required documents include HUF PAN, HUF declaration, karta’s Aadhaar and ID proofs, address proof, and photographs. All KYC steps are completed by the karta.

How to Open an HUF Account?

In the Angel One app or website, select “HUF Demat Account.” Fill in HUF name, karta details, upload HUF PAN and KYC documents. Complete e-KYC via Aadhaar and video verification. The account is opened electronically without branch visits.

What Are the Benefits?

HUF accounts help in shared family investing. They allow tax benefits under HUF structure and better wealth planning. Also, HUF income is taxed separately, possibly reducing overall tax liability.

Can HUF Accounts Have Nominees?

Yes, you can add nominees for HUF accounts. Nominee details are captured during account opening, ensuring smooth transfer in case of karta’s demise.

Is Support Available?

Yes, Angel One provides full support for HUF account opening, document clarification, nominee setup, and any issues via chat, phone or email.

Angel One’s HUF Demat accounts offer a simple and fully digital way for families to invest together. They support collective wealth building and separate taxation structure—perfect for managing family investments smartly.