Can multiple family members trade using the HUF account?

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 want to open an HUF account with Share India, click here  to get a list of forms and supporting documents you need to submit to conveniently open an HUF account. Once these are ready, send hard copies of these to the corporate office of Share India at:

A-15, Sector 64, Noida,

Distt. Gautam Buddha Nagar,

Uttar Pradesh-201301.

If you have any questions or need further support during the account opening process, don’t hesitate to contact Share India’s support team. You can reach us at 18002030303 or email us at support@shareindia.com.