SEBI Makes Investing In Mutual Funds For Children Simpler | The ET Money Show

Описание к видео SEBI Makes Investing In Mutual Funds For Children Simpler | The ET Money Show

Starting a mutual fund for your child no longer requires the cumbersome process of opening a bank account in their name. According to a recent circular released by the Securities Exchange Board of India (Sebi) on May 12, 2023, investments can now also be made from the bank account of the parent. This new rule will be effective from June 15, 2023. What will the new rules mean and how will it affect you? What will be the tax implications on such investments? On The Money Show, we tried to answer all these questions with Aditya Agarwala, Head of Research And Investments, Invest4edu Private Limited.
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