To analyze mutual fund holdings for stock selection, simply start by reviewing the list of stocks the fund is currently invested in. Look for top-performing stocks, check their sectors, and assess the fund’s overall strategy. By understanding which stocks a fund holds, you can identify high-potential companies that fit your own investment goals. It’s a way to leverage professional investors' decisions to boost your own stock selection process.

What Is the Minimum Age Required to Open an Angel One Account?

To open a regular Angel One Demat account, you must be at least 18 years old. This is the legal age to enter into binding contracts in India. However, if you're under 18, you can open a minor's Demat account with the help of a guardian.

How Can a Minor Open an Angel One Account?

Minors can open a Demat account with Angel One under the supervision of a natural guardian (usually a parent). The guardian operates the account on behalf of the minor until they turn 18. This allows minors to invest in securities like stocks and mutual funds, but they cannot trade independently until they reach adulthood.

What Documents Are Needed for a Minor's Demat Account?

To open a minor's Demat account, you'll need the following documents:

• Birth Certificate of the minor
• PAN Card of the minor
• PAN Card of the guardian
• Address Proof of the guardian
• Photographs of both the minor and the guardian
• Bank Statement or Passbook of the minor

Can a Minor Trade Stocks Independently?

No, a minor cannot trade stocks independently. The guardian must operate the account and make all trading decisions until the minor reaches the age of 18. This ensures that the minor's investments are managed responsibly.

What Happens When the Minor Turns 18?

Once the minor turns 18, the Demat account can be converted into a regular account. The guardian's details will be removed, and the minor will take full control of the account. At this point, they can trade independently and manage their investments as an adult.

Is There Any Fee for Opening a Minor's Demat Account?

Opening a minor's Demat account with Angel One is free of charge. However, there may be annual maintenance charges (AMC) applicable after the first year. It's advisable to check the current fee structure on the official Angel One website.