In an HUF (Hindu Undivided Family) trading account, the Karta (head of the family) is the only person authorised to trade and manage the account on behalf of the family. While family members are beneficiaries of the account, they do not have direct control or authority to conduct trading activities.
The Karta acts as the decision-maker, ensuring that all trading activities align with the best interests of the family.
If you’re planning to open an HUF account with Share India, here’s what you need to know:
- Demat Account: Begin by providing your mobile number here and entering the OTP received. You will be assigned a dedicated Relationship Manager who will take you through the entire process of account opening.
- Required Documents: Make sure you have all the necessary documents, account opening forms, and declarations ready. These can be found in the Form Downloads section.
Support Assistance: For any questions or assistance, you can contact Share India’s support team at 18002030303 or email support@shareindia.com.