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smartyharsh

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    Will anyone help me, I am 15 years old and which SIP should I take, I am trying to invest Rs 1000 every month?
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    Skylar
    Skylar
    Research Brokerage Firms: Look for brokerage firms that allow minors to open custodial accounts. Custodial accounts are managed by an adult.
    - Make sure - there is no "25 din mein paisa double" scheme, if you want to make more money stay invested for a long time.
    Y
    yasharora337
    Above options are recommended, but if you still want to open a sip by your name, you can make tour minor pancard, and do some formalities, and start your investing journey through your name only, note- you can only invest by your money, and you can't redeem those invesment back until you turn 18.
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    Ronak_Sangani

    smartyharsh - I recommend searching for your requirements on Policybazaar. Look for funds with good ratings, and you can invest confidently. This approach helps you avoid potential pitfalls and sets you up for better long-term returns.​

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